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KJ Grid MT4

KJ Grid MT 4 is a trading expert advisor (EA) designed for grid trading, where positions are opened in a grid pattern. This means the first trade in the cycle is opened, and more trades are opened at price gap intervals if price moves in that direction. These positions will be closed according to the closing option chosen, generally in profit. The number of positions, their lot sizes, and the distance in points between positions are chosen in the EA settings. The most important setting is the closing option, explained below:

There are currently 3 options available for closing trades: Average, All VTP, and Partial Close.

Average: Positions will be closed when the average prices of all open trades, plus a minimum profit level in points is reached.

All VTP: “VTP” means “Virtual take profit.” This option closes all positions when the combined profit of open trades reaches the amount specified in the “Min Profit for AllVTP” input is reached. For example, if the AllVTP profit is set at $100, all orders will be closed when the combined profit is $100 or greater. I recommend this closing option.

Partial Close: The first order of the grid is partially closed. The lot size specified in the iStartlots input is closed in profit.

Other input settings are explained with a brief description below:

Lot settings:

iStartlots:                         Starting lot size

iMaximallots:                   Max. lot size

iLotFactor:                        Factor to multiply lot size

 

SL / TP settings:

iCloseOrder:                    Close orders option

iTakeProfit :                     Take Profit amount (in points)

iMinimalProfit:                Min. Profit for Averaging calculations

iAllVTPMinProfit             Min. Profit for AllVTP Close Order option

UseTS:                               Use Trailing Stop?

iTSAmount:                      Trailing Stop amount (in points)

iTSStart:                            Trailing Stop start level, in points, from order price

 

Other Trade settings:

BuyRange:                                  No buy trades open above this price

SellRange:                                   No sell trades open below this price

BuyPointStep:                           Gap between Buy orders (in points)

SellPointStep:                           Gap between Sell orders (in points)

iMagicNumber:                       Magic Number

MaxBuys :                             Max. number of Buy trades

MaxSells:                              Max. number of Sell trades

iSlippage:                            Slippage (in points)

TradeBuy:                           Allow Buy trades?

TradeSell:                          Allow Sell trades?

 

Loss Limit settings:

LimitLoss:                          Limit losses?

iLossClose:                        Close all trades at loss amount, in currency

ResumeLoss:                    Resume trading after loss limit reached?

Moving Average settings:

UseMA:                             Use Moving Average for trading?

MA_Method:                   Moving Average method

iMAP                                 Period used to calculate moving average

Timing settings:

UseTiming:                       Only open trades between certain times?

TimeStart:                        Time to start opening new trades

TimeStop:                         Time to stop opening new trades

Display Panel settings:

UsePanel :                        Show info panel?

Label_color:                     Panel Label color

Background_color:         Panel Background color

 

KJ Grid features:

KJ Grid can trade in any market.

KJ Grid can trade in any timeframe.

Simple, quick setup.

Suitable for beginners.

Upper / Lower trading range: Option to restrict opening orders to between chosen prices.

Separate Buy and Sell distances: option to have different price gaps between buy or sell trades.

Info Panel: Panel shows magic number, largest / max lot size, profit, and Order Closing type.

Note: Panel is moveable, and can be minimized.

 

Notes / Advice:  

Remember, KJ Grid is a grid trading EA. Please be aware of how grid trading works, and avoid excessive risks.

While KJ Grid can trade in any market, it was tested with Gold and NASDAQ (US100). I recommend using it with these instruments.

Settings files used for the backtests are available for GOLD and NASDAQ, but I recommend optimizing instead.

Optimize with your broker to find ideal settings for your trading conditions.

Demo: Test with demo accounts.

Use KJ Grid with a VPS.

Updates: KJ Grid will be updated to add features and fix bugs.

Contact: Message me via comments / PM for help, bug reports, or feature requests.

KJ Grid is also available for MetaTrader 5, on the MQL5 marketplace:

https://www.mql5.com/en/market/product/106150

Thank you for using KJ Grid. Enjoy your trading!

 

 


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Babak Alamdar
5 (7)
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TrendMaster FX MT4
Chen Jia Qi
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Ai Hybrid Robot MT4
Mansour Babasafary
71% discount for the next 5 buyers (original price $9000): 3 person left Get a 50% bonus by buying (or even renting) any of our products. After buying (or renting), send a message for more information. Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in t
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Marzena Maria Szmit
4.57 (21)
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
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Barbaros Bulent Kortarla
5 (48)
Smart Funded EA ist ein Expert Advisor, der darauf ausgelegt ist, die HFT-Herausforderungen von Prop-Trading-Firmen zu bestehen, die dessen Einsatz erlauben. Welche HFT-Prop-Trading-Firmen kann ich nutzen? Er wurde mit fast allen HFT-Prop-Trading-Herausforderungen getestet und hat eine Erfolgsquote von 100 % erzielt, wie bei Kortana Fx, Nova Funding, Fast Forex Funds, Infinity Forex Funds, Quantec Trading Capital, Next Step Funded, Msolutionff, Genesis Forex Funds, The Talented Traders, Only Fu
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Fanur Galamov
5 (9)
Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
Naomixi Gold EA
Raman Tsimashenka
5 (8)
Naomixi Gold Advisor is a fully automatic trading system. !!! No martingale, no scalping, no grid Please note that we do not update the advisor 3-5 times a month.  The advisor does not need updating or optimization The system uses the basic laws of the Forex market in trading - price return after a sharp movement in any direction. This is one of the most stable advisors among existing analogues. You will be surprised! He does not use risky strategies. The price of the advisor is much lower
Boring Pips MT4
Thi Thu Ha Hoang
5 (12)
Hast du dich jemals gefragt, warum die meisten Expertenberater im Live-Handel trotz ihrer perfekten Backtest-Performance nicht effektiv sind? Die wahrscheinlichste Antwort ist Überanpassung. Viele EAs werden erstellt, um perfekt aus den verfügbaren historischen Daten zu "lernen" und sich anzupassen, aber sie können die Zukunft nicht vorhersagen, da es an Verallgemeinerungsfähigkeit im konstruierten Modell mangelt. Einige Entwickler wissen einfach nicht von der Existenz der Überanpassung, oder si
Daytrade Pro Algo
Profalgo Limited
5 (6)
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KJ Grid is a trading expert advisor (EA) designed for grid trading, where positions are opened in a grid pattern. This means the first trade in the cycle is opened, and more trades are opened at price gap intervals if price moves in that direction. These positions will be closed according to the closing option chosen, generally in profit. The number of positions, their lot sizes, and the distance in points between positions are chosen in the EA settings. With good settings, KJ Grid can earn cons
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