Somehow change set file in EA Grid Pip steps depending on market volatility
Budget: $30 – $250 AUD
I have 2 options below and want to ask someone smart enough to do this, what is best way.
Tell me if this is possible. I want to dynamically change a set file in my EA, based on if the market becomes volotile my gird pip step in my EA will increase in size.
Example: Instead ofg having to check set file and backtest each week, If EA could look at daily ATR you can see ATR growth - means you need to take bigger steps in our grid. I define all daily ATR's below 75pips p/day as low volatility period so the Set file could have a pip set of 12 for grid for example.... Between 75 and 120pips ATR its Medium volatile and its grid distance could be different eg 30 pips , above that level is high volatile and grid needs more spacing (set files could offer maybe "zones")
With such grid system our steps should adjust based on volatility in the market. I can try and stop trading for the EA in these zones, and setup maybe 3 charts and use 3 different settings BUT I just want to know if this oculd be done as above?
Example if market is volatile I want to figure out way to dynamically change my set file in my EA to increase the distance of the grid eg to 50 VS a range market grid step might be 12?
Tell me if this is possible. I want to dynamically change a set file in my EA, based on if the market becomes volotile my gird pip step in my EA will increase in size.
Example: Instead ofg having to check set file and backtest each week, If EA could look at daily ATR you can see ATR growth - means you need to take bigger steps in our grid. I define all daily ATR's below 75pips p/day as low volatility period so the Set file could have a pip set of 12 for grid for example.... Between 75 and 120pips ATR its Medium volatile and its grid distance could be different eg 30 pips , above that level is high volatile and grid needs more spacing (set files could offer maybe "zones")
With such grid system our steps should adjust based on volatility in the market. I can try and stop trading for the EA in these zones, and setup maybe 3 charts and use 3 different settings BUT I just want to know if this oculd be done as above?
Example if market is volatile I want to figure out way to dynamically change my set file in my EA to increase the distance of the grid eg to 50 VS a range market grid step might be 12?