Market / MetaTrader 4 / Experts /

Quadro Multi Grid Scalper

60 USD

Demo downloaded: 2 202

Published: 12 December 2014

Current version: 97.79

Quadro Multi Grid Scalper

4.2

Experts
Syarif Nur Arief
Version: 97.79
Updated: 11 October 2023
Activations: 11

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 Dynamic Fibo Level, with only 3 maximum Opened order each cycle, will make less risk to your account.

This EA uses Averaging exit system with changable martingale settings, and uses total profit target to closing all.

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.

M30 time frame is recommended for use with this EA.

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, (Default):

Ukuran Candle Fibo (Points) = 500, is minimum Previous candle size to draw fibo level
Time Frame Candle Fibo = PERIOD_M30 , is TimeFrame_Fibo
T arget Harian Dalam Mata Uang = 50, Daily target is 50 usd (or account currencies), daily target in money
Tester_First_Deposit = 400000, your tester first initial balance, set it if your tester initial balance is different
Start_Hour = 1, EA start at 01:00 broker server time
End_Hour = 23, EA stop working at 23:00 broker server time
First_Lot = 0.01, first time lot size, for first time open position
Magic_Number_Sell = 2222, magic number first open sell
Magic_Number_Buy = 8888, magic number first open buy
Buy__Order_Comment = Buy iskander, Buy Open Order Comment
Sell__Order_Comment = Sell iskander;, Sell Open Order Comment
Marti_Lot_Pertama = 3.0, first martingale is 3 times of last closed/opened lot
Marti_Lot_Kedua_dst = 2.0, next martingale is 2 times of last closed/opened lot
Activate_Profit_Target = true, make it always true to activate profit target to closing all
Profit_Target = 25, EA will closing all opened order at 25 usd (in money)
Max_Spread_Allowed = 10000000, maximum allowed spread in points
bool Monday = false set to true for no trade at monday
Tuesday = false set to true for no trade at tuesday
Wednesday = false set to true for no trade at wednesday
Thursday = false set to true for no trade at thursday
Friday = false set to true for no trade at friday
Saturday = false set to true for no trade at saturday
Sunday = false set to true for no trade at sunday

more...

fxrobi 2016.01.14 11:51 #

Very good EA. You need to find out correct settings for your personal style and risktolerance.

I like it very much.

516

Lukas Melka 2015.08.05 15:24 #

Clever scalping EA.

2317

Wolfgang Rockert 2015.06.08 17:51 #

Yes, new Vers. is very clever, i test the EA on the Backtest with many Different and Bad Startpoints like High Volatility etc. EA react very clever! Use them on Live Account!

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Super grid nineth (ninth) generation is another grid type EA on this huge forex system population, this EA not using any indicator to avoid any fake signaling to open or closing position orders. This EA will open pending order stop and limit in the first time EA run, then maintain all opened order with unique way to balancing account free margin and make equity growth. This EA have unique system not like anyother grid EA, with correct setup and run on max 3 pairs in one account, this EA capable

47.32 USD

Gold Eye is one of advance profesional expert that use deep neural network to catch probability of true trend on XauUsd market, this expert can be run on forex pairs also (Default setup is for XauUsd). This expert can be set as trend grid follower, or can be set as like hedging system but with flat lot size (not using martingale). Then unique setup for Money Profit/Loss management is the good things not like any others paid expert here on Mql5. # EA MUST BACKTEST USING TIME_FRAME_001 # PARAME

55.55 USD

This EA can predict early trend on market, scan early trend from M5 to W1, This EA not martingale, not a hedging, not averaging and not grid. And this EA only open/close position once (only 1 opened order) every 8 hours. EA parameters : Trade_Set_AUTO , Default is ## AUTO Trade Setting ## , Mean Note for below parameter. LOT_SIZE_AUTO_TRADE , Default is 0.01 , Mean Lot Size to be traded is 0.01 Lot, Can be changed depend your account balance, (0.01 Lot Per 200 usd initial balance). A

70 USD

So many EA and Copy Signal are using Averaging Grid system with martingale or even using flat lot size, they have pips difference in vary, also the way they put order 3-5 in same time at one time, that's all make a time bomb soon or latter will blow your account. Here is the link on mql5 signal that use This EA : https://www.mql5.com/en/signals/1850760 https://www.mql5.com/en/signals/1850763 https://www.mql5.com/en/signals/1823152 Iam here with my experience about more than 8 years, i've found

1 450.99 USD

This indicator will automatically draw 4 Fibonacci levels on the chart. Dynamic Fibonacci will be drawn on the last of zigzag line. Static Fibonacci will be drawn on the 3 last of zigzag line. Fibonacci projection 1 and 2 will be drawn on the last zigzag line also. This way, you can see several Fibonacci level to get prediction of next support and resistance of market price. Indicator does not work if less than 500 bars are available. Parameters Zig_Zag_Parameter Depth - Zig zag depth paramete

30.21 USD

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fxrobi 2016.01.14 11:51 #

Very good EA. You need to find out correct settings for your personal style and risktolerance.

I like it very much.

1035

cyberryder 2015.12.29 12:42 #

Tested Version 76:

Basically it's a Grid Scalper with an optional Martingale element like there are 100th on the market, which all blow one after another. Means, that like all the other Gridscalpers, you are betting on little constant gains VS. full and GUARANTEED account blow one day. This is true for grid only, and with martingale set to ON you blow quicker of course.

PRO

- Vendor is improving the EA + is very responsive + helpful + build a PDF manual on how to set-up the EA

- Build in mechanism to delay trading during spikes (news) works great and prevents building up huge baskets

- Cutt-off DD feature works great, saves your account from blowing

- EA has a build-in hedging mechanism for the grid so that DD is reduced and trades both directions independently

CON

- EA has huge issues with big weekend GAPs, if a larger grid was still open at friday close, account can blow can happen immediately at Monday open, or you have such a big DD, the EA is no more capable to close the grid. No safety feature included to prevent this. Closing all positions manually at friday close is not a good solution, as with a huge basket you'll loose more than you earned over the week. What could help, is an auto-hedging feature of the whole open basket at market close, but you still will have to close the grid.

- Entry signal indicator: RSI causes ~half the DD of price action signal. You need to set RSI=ON and PriceAction=FALSE.

- MM Risk (with martingale 2x): 5% blows after some hours. 3% blows after some few days. 1% survives at least a month. 0.5% blows after 2 months

- DD cut-off: Works as it should, but the gains are so tiny, you need ~400 trades without additional cut-off to make up for a 20% cut-off, only to be back at zero, so it's worthless.

- TF: M1 makes nearly double the amount of trades, but DD is a lot higher and blows quicker. M5 is much safer, i did all testing on M5, EURUSD.

- Grid: EA has 3 grid modules. Each is allowed to open max 30 orders. This is the limitation of the EA. Means, if any situation arises where the EA would need more than 30 orders to close the grid, this is a blow risk. Those 30 orders consists of the initial direction as well as hedge orders. Best is to use a broker, which does charge you margin for hedged-orders (you have 2 hedged positions open, margin is 0, you only carry a fixed floating DD). You can up the order amount, but this is also increasing the risk - there is no guarantee that with more orders the EA will be able to close a specific risk. There will always be a grid, some day, where you have too few orders.

- Martingale: The limitations of the grid... this is where martingale steps in. My testing showed, you need martingale feature ON, to not ran into trouble with open order limitation and big DD. Martingale however is extremely risky by itself. A multiplier >2 can not be traded safely. But otherwise it seems you need 2 to close the grids quickly. Safest is 1.1, but this leads to huuuge and looong DD periods. I tested 1.1, 2, 5, 10. Issue with 1.1 multiplier is that you need minimum 0.05 start lot, so that multiplier works correctly and the next lot is 0.06. Means you need a 10k account at 0.5% risk or you take a cent account.

Conclusion: Best feature of this EA is the delay mechanism. Even on a standard 10k account with 0.5% risk an 1.1 martingale multiplier you'll have 50% DD and more and account blow VS. tiny gains. Without additional safety features it's not worth to run this EA. With all combinations i tried, I did not manage to run the EA without blow longer than 2 months. Even with regular withdraws, you'll withdraw some 100 EUR vs. account blow of 10k. My test ends here. Without major additional safety features, this EA is pure gambling, so i can't give more than 1 star.

516

Lukas Melka 2015.08.05 15:24 #

Clever scalping EA.

2317

Wolfgang Rockert 2015.06.08 17:51 #

Yes, new Vers. is very clever, i test the EA on the Backtest with many Different and Bad Startpoints like High Volatility etc. EA react very clever! Use them on Live Account!

2168

Andrew Lee 2015.05.12 09:02 #

Excellent scalper with clever grid/martingale options. Extremely good after sales support from vendor too - very helpful and responsive. There's a lot of options to play around so you can customise this many ways to suit your trading style. Personally I trade for a few hours during the less volatile times, grab a 1 or 2% gain on my account, and the EA stops trading for the day.

Version 97.79 2023.10.11

1. Max open only 3 open.
2. Have Stop Loss

Version 96.12 2023.08.28

Totally Change for all feature and paramter, soon will update the parameter description on review page.
now using Fibo level for max total 3 of opened order.

Version 92.3 2021.01.18

fixes the bugs

Version 77.3 2020.12.28

New features, add not use martingale and hedge opposite at some choosed total open.

Version 76.0 2015.12.22

1. All parameters of the version 75.0 have been left intact.
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.

Version 75.0 2015.08.20

Just Default parameter has been changed

Version 72.0 2015.07.06

All parameters of the old version have been left intact.

Rev. 72. Added the new parameters:
1. Time Filter Parameter - trade at specific time only.
2. Day Filter - trade at a selected day only.

Version 6.0 2014.12.23

- Added Parameter to use Hidden TP or not (New feature)
- Added Stop Loss parameter for all grid orders (New feature)