a different form of offsetting / grids perhaps?

Place your new trading idea here to see if someone can automate it.
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Bruster400
Trader
Posts: 192
Joined: Tue Sep 24, 2013 3:19 pm

a different form of offsetting / grids perhaps?

Post by Bruster400 »

Hi,

Steve mentioned the "DIAD" method in the recent update and that led me to an EA from the same people that uses hedged trades to build up a grid of positions and closes them against TP's or trailing stops. The idea is to open a pair of trades each day at the same time - presumably at market open. I thought it looked like an interesting combination of behaviour with similarities to both offsetting and market open grids that have been explored here so I thought I'd share it in case anyone else was interested. It looks like it would work in trending markets - something that might compliment the other methods perhaps?

[youtube]https://www.youtube.com/watch?v=nZZRl-L5I4w[/youtube]

Bruce
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