Topic: Anti Fragile EA for Vertex FX Trading Terminal
The Anti Fragile Expert Advisor is a VertexFX client-side script that employs a fixed-interval grid methodology to trade in both Long and Short directions. It is particularly useful in range-bound and sideways markets.
By placing BUY-LIMIT and SELL-LIMIT orders at specific intervals, the likelihood of BUY and SELL (LIMIT) being opened alternately is very high.
By employing a trailing-stop instead of a take-profit, the Expert Advisor protects its profit, as well as if the market turns into trending mode it maximizes its profit potential.
Rule No 1 When the Expert Advisor is started, if TradeLong is set to TRUE, and if there are no pending orders (open positions may exist), then the Expert Advisor places Number Of Trades number of BUY-LIMIT orders at equal intervals of SpaceBetweenTrades points below the current Bid price.
Rule Number5. During the course of the execution of the Expert Advisor, if there are no BUY-LIMIT pending orders, but if SELL-LIMIT pending orders exist, then these SELL-LIMIT pending orders will be deleted.
Similarly, if there are no SELL-LIMIT pending orders, but if BUY-LIMIT pending orders exist, then these BUY-LIMIT pending orders will be deleted.