GRID Manual

5

Grid robot that maintains every open position opened by the trader.

The buttons on the screen are used for opening the initial trade.

The yellow labels display the price of total breakeven for each grid.

The light blue labels display the level of total take profit for orders of each grid. The take profit is virtual.

With each subsequent opened order the take profit of the grid is adjusted to get the total profit in the sum of the profit of the initial order, regardless of the size of all lots in the grid. This ensures the quickest way out of a possible drawdown.

The robot allows to open multiple grids on the same instrument in different directions, and processes them correctly.


Parameters

  • First lots on series - the lot of the first order in each grid.
  • Lots exponent - the multiplier to increase the lot of the next order in the grid.
  • Grid distance - the distance between the orders in each grid.
  • Maximum orders on series - the maximum number of orders in each grid.
  • TP first order on series - take profit of the first order in the grid.
  • Trail start function (pips profit) - the profit distance to activate the stop loss tailing function.
  • Trail distance (pips) - the distance from the current price to the stop loss during trailing.
  • MagicNumber: 0...65535 (no greater than 65535).


Notes

The calculation of the initial lot in the series must be performed with the consideration of the deposit size, leaving a substantial margin for increasing the lots. It is recommended to start trading from the minimal allowed lot for the instrument.

For a stable and reliable profitable operation, it is recommended to use the accounts with small leverage value.

It is not recommended to overload the deposit with a large number of simultaneously opened grids.

Reviews 3
Roma Th
73
Roma Th 2017.12.15 13:04 
 

Good Utility and affordable price.

indiafx
126
indiafx 2017.04.26 14:57 
 

Very good utilities that help my trading. The important is that you must know how the product works.

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EchoTrade Telegram to MT5 Copier Seamless, Instant, and Reliable Signal Copying - Direct from Telegram to MetaTrader 4! The product does not run in the strategy tester but you can get free trial version   here  for testing before purchase. Tired of manually executing trades from Telegram signals? EchoTrade automates the process, instantly copying trades from any Telegram channel or group directly into your MT5 account—accurately, efficiently, and without delay. Key Features: Universal Compatib
Ultimate Extractor - Professional Trading Analytics for MT4 Ultimate Extractor transforms your MetaTrader 4 trading history into actionable insights with comprehensive analytics, interactive charts, and real-time performance tracking. Ability to combine multiple accounts and MT4 and MT5 into a single dashboard. What It Does Automatically analyzes your MT4 trading history across all Expert Advisors and generates detailed HTML reports with interactive visualizations. Tracks live performance metric
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Andrei Fandeev
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The indicator shows the High and Low levels of candles for timeframes selected in the settings. It is recommended to use it on smaller timeframes to determine the levels of higher timeframes. Parameters TYPE_LINE - type of the line (short based on the bar time, or long for the entire chart) ============= TF 1 ============= block of lines for the first timeframe TF_1 - timeframe of the first block of lines Bars_1_from=1   - Bar of the beginning of the line of the corresponding Timeframe. Bars_1_
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Trailing Complex
Andrei Fandeev
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Trailing Complex is a Stop Loss trailing system that includes 9 components: Setting SL on the level based on the specified loss percentage of the deposit. Moving SL to breakeven. Standard trailing. PriceChennel based trailing. Fractals based trailing. The ATR indicator based trailing. MA based trailing Parabolic SAR based trailing Trailing based on a user drawn trend line. Any of the components can work alone or in combination with others. System settings allow to work with one symbol and scan
Grid RSI StopPending
Andrei Fandeev
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This is a grid Expert Advisor with a position averaging and ability to enable/disable the martingale. RSI is used for placing the first order. Settings and indicator levels are set by users. Note: All distances in the EA are set in ratios from the ATR volatility indicator. A BuyStop order is placed when a symbol is oversold, while a SellStop one is applied if the price is overbought at the Distance_pending distance from the current price. If the price moves from a pending order, the order follow
Swing MorningFlat
Andrei Fandeev
4.75 (4)
This Expert Advisor is based on the famous Morning channel breakout strategy. At the appointed hour, the EA plots a channel using High and Low of the specified number of candles of the selected Timeframe . Filtering is performed by the size of the channel range. The BuyStop and SellStop orders with the initial lot are placed at the channel boundaries. If one of the pending orders triggers, the other one is deleted. The EA marks the Breakeven price on the chart with yellow icons. If the price pas
The principle of the LastDayLevels Expert Advisor is based on the breakout of levels of the channel formed by the High and Low prices of the previous day. The EA has flexible settings, which allow modifying the parameters and the logic of this strategy in a wide range. It is possible to trade both the channel breakout , and the channel rebound . It possible to switch between working based on the Current or Closed bar. It is possible to enable/disable the lot increase when a trade is unprofitable
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vipclubfx
714
vipclubfx 2018.05.24 22:34 
 

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Roma Th
73
Roma Th 2017.12.15 13:04 
 

Good Utility and affordable price.

indiafx
126
indiafx 2017.04.26 14:57 
 

Very good utilities that help my trading. The important is that you must know how the product works.

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