GM Grid MT5 is a fully automated trading robot based on Price Action. The EA's unique trading strategy has a high probability of winning.
EA : https://www.mql5.com/en/market/product/77188
Parameter settings
***** Money Management settings : Area related to initial order management
- Lot type : Choose to manage the number of lots according to your needs
+ Lots Min : The EA automatically selects the number of low lots to receive according to the type of trading account you use
+ Constant lot : Fixed number of lots that you want the EA to trade over a long run
+ Risk per trade (% from 1 to 100) : Set risk level on demand from 1->100% for each order
+ Lot Size Step (For 0.01) : Jump lots by balance for each 0.01 lots -> (balance:LotSizeStep)*0.01 = the number of lots the EA will trade
- Lot Value : Input value of Constant lot vs Risk per trade (% from 1 to 100)
- Lot Size Step (balance per 0.01) : Input value of Lot Size Step (For 0.01)
- OnlyUp : The EA does not reduce the number of lots when the previous order loses
***** Trading settings : Fields related to the operation of the order
- Trade direction : Choose the desired transaction direction (Buy - Sell - or both)
- Entry mode : Mode of entry point, there are 2 options: On Current bar or On Bar Close
- Strategy mode : Strategy choice: Follow the grid or order individually but Martin at a loss
- Close on opposite : If True , EA automatically closes orders when there is a reversal signal
- Stop Loss (pips) :
- Take Profit (pips) :
- Breakeven (pips / for 1st order only in grid mode) : number of pips you want the EA to start triggering the breakeven point.
- Breakeven Profit : Profit starts at breakeven point
- Trailing Stop (pips) :
- Trailing Step (pips) :
- Only one deal on one bar : IF True, the EA will have to wait for the end of the candle according to the set chart to continue with the next order.
If it is False, the EA will continuously execute the next order when the conditions are met (e.g. signal, distance, time.....)
***** Martingale on loss properties : Martingale on loss mode setting area
- Max trades in one direction (0 to disable) : Number of orders you want the EA to trade when it sees a signal in the same direction
- Coefficient : The coefficient of the next order after the loss of the previous order
- Number of the losing trade : Number of losing orders before the multiplier is started
- Max. number of multiplications : maximum number of position volume increases in a row. (If you set 3 and had 5 losses, the martingale is applied only 3 times)
***** Grid recovery properties : Grid recovery mode setting area
- Max trades in one direction (0 - disable martingale) : maximum order total per Grid
- Distance (pips) : Distance between next orders
- 2nd Trade Multiplier : The lot coefficient of the 2nd order
- 3rd-5th Trade Multiplier : The lot coefficient of the 3rd order to 5
- 6th- ...Trade Multiplier : The lot coefficient of the 6th order until the end
- Time between orders (in minutes) : Time between orders
- Use New signal : if it is True, Grid's next orders must have the same signal as the first order
- Maximum lot size :
***** Time properties : time setting area you want the EA to trade (according to broker hours)
- Trade during session : True/False
- Start hour :
- End hour :
***** GUI properties : setting the display panel on the chart
- Display panel
- Text color
***** Additional features
- Print log : Show history of notifications
- Magic number : Magic number per order
