Friday 10 May 2013

Automated Gap Trading

So, lately I've been working on a project that involves making profits from gaps, and so far it seems pretty solid. There are a few bugs with the program, but those are generally quick fixes. The big heralds are already done, such as:

  • having my trade orders deleted/closed when it should
  • allowing for multiple markets to be run simultaneously with the EA
  • and, to allow for other trades to opened/closed not related to the EA
I'm thinking I'll post the progress of profits/losses on the site, but we shall see. It just might be one of those EA's that works well on paper and not in a live situation. Fingers crossed!

Oh, and just to get everyone excited, here's a picture of potential profit that could have been made of the span of a month on the OIL market with an initial deposit of $300, and at 0.50 cents a point (Strategy Tester from MetaTrader 4):

Profit, Gap Trading, Gap Strategy, Forex, MT4, metatrader, Strategy Tester, Test, Programming, mql4

Not too shabby eh?

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