Forex EA Robot Trading Blog

With the current GBPJPY market rhythm ranging over a 500 pip range, the version 5 carrygrid will do very nicely.

The key differences are

1. The comments to tell you exactly what the EA is thinking
2. The trailing stop will lock in profits for you, which will take advantage of these ranging markets.
3. For every benefit there is a disadvantage, and if you trade with a trailing stop you will not profit as well on a big run up. However it is a nice safety feature, and i for one run my EA with the trailing stop on.

Labels: EA, GBPJPY, Ranging Markets, trailing stop