Quadro Multi Grid Scalper
We never know what market price will go on next second. That's why a trader needs to find a good way to have a good exit strategy.
Quadro Multi Grid Scalper is a High Frequency Grid scalper using RSI and Price action, with three grid groups of order working individually.
This EA can work together with my other EA "Sure Fire Hedging Strategy".
This EA uses Averaging exit system with safe martingale settings, and uses hidden TP/SL to avoid price slippage.
Has delay order protection for delaying an order automatically during any volatile market to avoid to many grid orders.
This EA's default daily target is 1% from its first initial balance. That mean this EA will try to make a consistent daily target for about 1% daily (20% a month).
Recommended Broker Parameters:
- Low spread less than 1 pip (you will have fast open and fast closing for your order with such a low spread broker).
- Low Stop Level.
- Lot Step is 0.01.
Good money management is needed for this EA, as long as your first initial balance can handle higher lot. It is safe for your Equity.
Parameters of the EA:
- in_1 - money management settings.
- First_Balance - type your first initial balance here before launching the EA.
- MM - auto lot size for the first order.
- Risk - risk parameter of the EA for auto lot size for the first order.
- in_2 - daily Target in Percent.
- Target - use daily target or not.
- Daily_Target - default is 1% daily target.
- in_3 - indicator option.
- RSI - use RSI or not for the first order.
- Candle_Breakout - use Price Action or not for the first order.
- in_4 - RSI Parameters.
- PeriodRSI - RSI period.
- in_5 - сandlestick breakout parameters.
- PeriodCandleBreakout - price action period.
- in_7 - grid A parameters.
- Disable_Grid_A - set to true to disable Grid A to make the first order.
- MaxTrades_Grid_A - max open orders for Grid A.
- PipStep_A - default Grid distance is 50 points (5 pips).
- First_Lots_A - the first order lot size if MM is False.
- LotExponent_A - adjustable Lot Multiplier
- First_TakeProfit_A - default First order TP is 25 points (2,5 pips).
- MagicNumber_A - magic number of All Grid A open orders.
- in_8 - grid B parameters.
- Disable_Grid_B - set to true to disable Grid B to make the first order.
- MaxTrades_Grid_B - max open orders for Grid B.
- PipStep_B - default Grid distance is 50 points (5 pips).
- First_Lots_B - the first order lot size if MM is False.
- LotExponent_B - adjustable lot multiplier.
- First_TakeProfit_B - default First order TP is 25 points (2,5 pips).
- MagicNumber_B - magic number of All Grid B open orders.
- in_9 - grid C parameters.
- Disable_Grid_C - set to true to disable Grid C to make the first order.
- MaxTrades_Grid_C - max open orders for Grid C.
- PipStep_C - default Grid distance is 50 points (5 pips).
- First_Lots_C - the first order lot size if MM is False.
- LotExponent_C - adjustable Lot Multiplier
- First_TakeProfit_C - default First order TP is 25 points (2,5 pips).
- MagicNumber_C - magic number of All Grid C open orders.
- in_10 - grid D parameters.
- Disable_Grid_D - set to true to disable Grid D to make the first order.
- MaxTrades_Grid_D - max open orders for Grid D.
- PipStep_D - default Grid distance 50 points (5 pips).
- First_Lots_D - first order lot size if MM is False.
- LotExponent_D - adjustable Lot Multiplier.
- First_TakeProfit_D - default First order TP is 25 points (2,5 pips).
- MagicNumber_D - magic number of All Grid D open orders.
- in_1234 - delay protection.
- Delay_Mode - use Delay Order mode, true or false (Leave it default).
- Delay_Individual - delay for individual grid, true or false (Leave it default)
- Delay_ALL - delay all order grids (Leave it default)
- in_20 - manual force closing, emergency exit.
- Note_in_20a - FC_1 < Equity = Closing All & EA Refresh.
- FC_1 = 1000000.
- Note_in_20b - FC_2 < Equity = Closing All & EA Terminated.
- FC_2 = 1000000.
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2. Added New parameter "Auto Cut Lost", default is 10 in percent, that mean if your current balance is lost 10%, EA will closing all opened order automatically and system will refresh make new first order again.
3. Bugs fixes for new MT4 build 940.
Rev. 72. Added the new parameters:
1. Time Filter Parameter - trade at specific time only.
2. Day Filter - trade at a selected day only.
- Added Stop Loss parameter for all grid orders (New feature)