Forex EA Robot Trading Blog

• For Version 6, the parameters are reorderd in order of priority/li>
  
• (Version 6) UseOptimalSettings- If true (by default) will use the optimised values for each pair. If false, will use the settings provided. This is provided, as the settings are getting quite complicated for the average user to set.


• UseATR- Whether to use the ATR (Average True Range) indicator (when true) to determine gridmesh and trailing stop level, or (when false) to use fixed grid settings as per previous versions


• ATRMult- This is a floating point value, and can be used to make the grid wider or smaller when using ATR. The ATR is usually a value between 0.5 and 5 (depending on pair/timeframe), and so a value of 50 as ATR will mean the gridmesh will range between 25 and 250 depending on the current market volatility.

Labels: ATR, CarryGrid v6, parameters

# posted by My FX Tools @ 22:09