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MintyGrid

4.2

Always backtest before using.

MintyGrid is a simple EA that has an RSI indicator. On winning trades MintyGrid will take profit based on configuration. On losing trades MintyGrid uses a grid strategy to place resistance points using a martingale/reverse-martingale strategy to be prepared for when the market swings in the opposite direction. MintyGrid can be configured to run on many currency pairs simultaneously and will work as long as the pairs are similar in price. MintyGrid always trades within its grid configuration.

Recommended usage is on a cent account with at least 100 EUR (10000 Euro Cents) and high leverage. Or 10000 EUR on a standard account if you want to take a big risk. It is not recommended to run MintyGrid alongside other EAs. If you wish to run it is advised to run MintyGrid on its own trading account with no more than 10% of your assets, use only assets you are prepared to possibly lose. MintyGrid is aggressive and effective but risky. In MintyGrid you can configure stop losses however they sometimes have a bad effect, your entire account balance is at risk. MintyGrid does not work well on netting accounts. MintyGrid works best on forex brokers with a 0.01 lot size and lot step. Backtesting is a must, you should try find settings that satisfy your need between risk and reward. Note it is possible to find really risky settings that give huge rewards, but keep in mind a slight tweak in the settings can also cause catastrophic failure. There is a very fine line between good settings, and settings that will lose everything. Settings must be well balanced together to produce an effective and good result. It is recommended to optimize the strategy yourself using the strategy tester. It is recommended to withdraw any profits from MintyGrid regularly and have a good exit strategy as MintyGrid is prone to failing on massive market swings. It is possible to find settings that run for long periods of time, generally they tend to be less profitable.

The free version of MintyGrid is limited to three currency pairs on a single chart and has a fixed lot size of the minimum possible volume.

Download MintyGrid Premium for dynamic lot size and unlimited currency pairs.



DISCLAIMER

Use at own risk, this strategy is effective but not foolproof.

THIS SOFTWARE IS PROVIDED BY Christopher Benjamin Hemmens AS IS AND ANY EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE ARE DISCLAIMED. IN NO EVENT SHALL Christopher Benjamin Hemmens BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT LIMITED TO, PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOSS OF USE, DATA, OR PROFITS; OR BUSINESS INTERRUPTION) HOWEVER CAUSED AND ON ANY THEORY OF LIABILITY, WHETHER IN CONTRACT, STRICT LIABILITY, OR TORT (INCLUDING NEGLIGENCE OR OTHERWISE) ARISING IN ANY WAY OUT OF THE USE OF THIS SOFTWARE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGE.


    Bewertungen 5
    Ronald Mühr
    829
    Ronald Mühr 2023.04.12 15:19 
     

    Danke für den tollen EA... läuft bisher einwandfrei

    abc xyz
    44
    abc xyz 2022.09.28 09:43 
     

    good EA,very good robot , do you have robot discussion groups ?

    Wilfred Van Reede
    149
    Wilfred Van Reede 2023.06.13 16:10 
     

    Great robot. Please note, for positions that are open longer, the robot does not take into account negative swap in the profit calculation.

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    Auswahl:
    Gremnor Thomas
    18
    Gremnor Thomas 2023.06.30 20:36 
     

    WELL IT ONLY NEED A MEANS TO HAVE A BIAS IN MARKET DIRECTION SWITCHING TO BUY ONLY, SELL ONLY, OR BOTH AUTOMATICLY

    Christopher Benjamin Hemmens
    3507
    Antwort vom Entwickler Christopher Benjamin Hemmens 2023.09.16 15:18
    I added an RSI Indicator
    Wilfred Van Reede
    149
    Wilfred Van Reede 2023.06.13 16:10 
     

    Great robot. Please note, for positions that are open longer, the robot does not take into account negative swap in the profit calculation.

    Marcel Bühler
    1428
    Marcel Bühler 2023.06.11 20:27 
     

    Needs control and a bolster, but works fine.

    Ronald Mühr
    829
    Ronald Mühr 2023.04.12 15:19 
     

    Danke für den tollen EA... läuft bisher einwandfrei

    abc xyz
    44
    abc xyz 2022.09.28 09:43 
     

    good EA,very good robot , do you have robot discussion groups ?

    Antwort auf eine Rezension
    Version 7.0 2023.08.29
    Limited free version
    Version 6.1 2023.08.22
    V6.1 Improve default settings
    Version 6.0 2023.08.22
    v6.0
    Bugfix take profit sell direction
    Improved RSI indicator
    Version 5.2 2023.07.31
    Added option to change UI/Table size on HD and 4K screens.
    Version 5.1 2023.07.12
    v5.1
    Grid fix
    Risk fix
    Version 5.0 2023.07.11
    Added RSI indicator
    Improved risk strategy
    Improved profit strategy
    Version 4.2 2023.04.12
    Margin mode fix
    Improved profit strategy
    Improved risk strategy
    Interface fix
    Remove table from chart on deinit
    Version 4.1 2023.04.09
    Bugfix market open times
    Version 4.0 2023.04.09
    v4.0
    Improved risk strategy
    Improved profit strategy
    Improved grid strategy
    Improved interface
    Major code refactor for better performance
    Version 3.2 2023.04.07
    Changed simple comment to better interface.
    Version 3.1 2023.04.07
    Improved profit strategy
    Version 3.0 2023.04.07
    v3.0
    Improved dynamic lot calculation
    Improved dynamic profit calculation
    Added grid reverse multiplier
    Bugfixes
    Version 2.7 2023.04.06
    Better comment layout.
    Improved default settings.
    Version 2.6 2023.04.06
    Added simple comment to chart.
    Added configurable stop loss.
    Added take profit on all symbols.
    Version 2.5 2023.03.30
    Bugfix multiple charts backtester visualization.
    Added breakeven.
    Version 2.4 2023.03.29
    Added fixed risk settings
    Bugfix for running on multiple charts
    Added grid step profit multiplier
    Version 2.3 2022.11.05
    Version 2.3

    Removed maxInitialRiskFactor as maxGridSteps made it redundant

    Added risk base
    Added grid step multiplier
    Version 2.2 2022.10.31
    Added max grid steps
    Improved default settings
    Version 2.1 2022.10.30
    Fixed bug at runtime
    Only support 0.01 as lotstep.
    Version 2.0 2022.09.10
    Refactored a lot of logic.
    Improved strategy's drawdown effect.
    Improved reverse martingale.
    Changed the way lots are calculated.
    Factored in a maximum initial lot.
    Added buy and sell only options.
    Version 1.8 2022.09.03
    Optimized default settings
    Version 1.7 2022.09.02
    Updated exit strategy
    Removed trail stop because it was useless and very slow
    Removed old profit strategy
    Optimized multi currency
    Optimized default settings
    Version 1.6 2022.09.01
    Fixed issue
    Version 1.5 2022.09.01
    Added trail stop
    Added multi-currency support
    Version 1.4 2022.08.31
    Updated default settings to less aggressive grid
    Version 1.3 2022.03.11
    Refactor.
    Optimized default settings.
    Version 1.2 2022.03.11
    Changed exit strategy. Profit is based on amount of lots placed in direction.
    Version 1.1 2022.03.10
    Changed gridStep to percentage of price.
    Removed freeMargin cap.