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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
vipclubfx
550
vipclubfx 2018.05.24 22:34 
 

Очень хороший робот-помощник, доволен покупкой. Спасибо!

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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Strategy Builder offers an incredible amount of functionality. It combines a trade panel with configurable automation (covert indicators into an EA), real-time statistics (profit & draw down) plus automatic optimization of SL, TP/exit, trading hours, indicator inputs. Multiple indicators can be combined into an single alert/trade signal and can include custom indicators, even if just have ex4 file or purchased from Market. The system is easily configured via a CONFIG button and associated pop-up
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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
550
vipclubfx 2018.05.24 22:34 
 

Очень хороший робот-помощник, доволен покупкой. Спасибо!

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.

Reply to review
Version 1.50 2017.08.03
Optimized deletion of excess Limit orders after the series is closed.
Version 1.40 2017.04.17
Adjustments in placement of pending orders in case of gaps.
Version 1.30 2017.02.01
Some changes and improvements.
Version 1.20 2017.01.24
Fixed an error in limiting the number of open orders.
Version 1.10 2016.08.18
Optimized deletion of objects from a chart when removing the EA.