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Magic Grid

FREE

Published: 14 April 2016

Current version: 4.1

Magic Grid

4.42

Experts
Aliaksandr Charkes
Version: 4.1
Updated: 14 March 2023

Magic Grid is an indicator-free advisor that uses a grid strategy. The strategy is based on automatic reopening of grid pending orders, after closing their market positions (by Take-Profit, Stop-Loss or manually). Pending orders are placed with a specified step from the initial prices, which can be entered manually or generated automatically (one time at the beginning of the trade). The robot can trade on any time frame, on any currency pair, on several currency pairs, and on any number of digits. It does not interfere with manual trading or the trading of other advisors. It only works with its own orders and provides all the necessary information about them as needed.

The Magic Grid information panel, together with the system of various alerts, provides reliable control over the advisor's entire trading. With the help of the panel, you can always check the declared number of orders and positions in relation to their actual market number. Depending on the situation, the advisor issues various reports on any important changes in its work or any errors that have occurred. For example, alerts are issued about the number of restored orders if any positions were closed during the time the terminal was turned off, exceeding the maximum allowed number of orders, a pending order not being placed due to a price being too close, and so on...

Settings

Initial price for BUY orders - Initial price for creating a grid with BUY orders
If the value is equal to 0, this price will be automatically selected. In this case, this price will be considered the starting price until the trade is finished or a value is manually set for it. The automatic selection is based on the values of the minimum allowed deviations (from the current market prices) for pending orders (at the start of trading).
Quantity of BuyUP price levels from Initial Price - number of Buy orders up from the initial price (can be zero)
Quantity of BuyDOWN price levels from Initial Price - number of Buy orders down from the initial price (can be zero)
Grid Step for BUY orders - grid step between Buy orders for the current grid (calculated in points of the selected pair)
Take-Profit for each BUY order - Take-Profit value for each Buy order of the current grid (calculated in points, can be zero)
Stop-Loss for each BUY order - Stop-Loss value for each Buy order of the current grid (calculated in points, can be zero)
Lot size for each BUY order - lot size for each pending BUY order of the current grid

The settings for the Sell Grid are identical to the settings for the Buy Grid

Enable Top Panel - turning on the top information panel
Top Panel scale - top panel scale
Text color - top panel text color
Background color - top panel background

Magic number for all expert's orders - any group of numbers (no more than 9)
The magic number is used to separate EA orders from any other orders. It is also important to change this number when using the advisor on different currency pairs simultaneously, or on the same currency pair, but with different settings.
Comments for EA orders - user comment for each order of the Expert Advisor (not more than 5 characters)
Language - EA language switch (mostly English is used)

Testing

When testing an Expert Advisor in the Strategy Tester, you should take into account the limitation on the maximum number of orders for the selected broker. If it is exceeded, the EA will not place a single order!

All missed ticks only reduce the effectiveness of the advisor, because its work is based on volatility, and the lower it is, the less likely it is to fix possible profit.

Additional Information:

Answers to the most popular questions... >>

Detailed description of the settings... >>

p.s. Additional video here... >>

more...

igpearse 2023.10.17 15:53 #

Wow! This is the best of all the robots I have ever used. Please what is the best VPS that can be use with this Robot Thanks a million and God bless u boss.

SafaaLegend 2023.09.20 22:12 #

great for semi ea operation

amin.adel.gorgani 2023.08.25 08:50 #

when I close some size of a position (but not completely) it reopens the pending position again. if you could just fix this problem it will be really great. thank you.

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Magic Grid MT5 is a non-indicator Expert Advisor using a grid strategy. The strategy is based on automatic reopening of grid pending orders, after closing their market positions (by Take-Profit, Stop-Loss or manually). Pending orders are placed with a specified step from the initial prices, which can be entered manually or generated automatically (once at the beginning of the trade). The robot can trade on any timeframe, on any currency pair, on several currency pairs, on any number of signs.

35 USD

Elastic Grid MT5 is a multifunctional grid Expert Advisor designed to fully or partially automate various ideas related to grid trading. The Expert Advisor can trade on any timeframe, on any currency pair, on several currency pairs, on any number of signs. It does not interfere with manual trading, trading of other Expert Advisors, or the operation of any indicators. It allows you to adjust your settings on the fly, works only with your own positions and orders, and for some situations it can

75 USD

User Grid MT4 is a multifunctional grid Expert Advisor designed to fully or partially automate various ideas related to grid trading. The Expert Advisor can trade on any timeframe, on any currency pair, on several currency pairs, on any number of signs. It does not interfere with manual trading, trading of other Expert Advisors, or the operation of any indicators. It allows you to adjust your settings on the fly, works only with your own positions and orders. It has a clear information syste

40 USD

User Grid MT5 is a multifunctional grid Expert Advisor designed to fully or partially automate various ideas related to grid trading. The Expert Advisor can trade on any timeframe, on any currency pair, on several currency pairs, on any number of signs. It does not interfere with manual trading, trading of other Expert Advisors, or the operation of any indicators. It allows you to adjust your settings on the fly, works only with your own positions and orders. It has a clear information syste

55 USD

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igpearse 2023.10.17 15:53 #

Wow! This is the best of all the robots I have ever used. Please what is the best VPS that can be use with this Robot Thanks a million and God bless u boss.

SafaaLegend 2023.09.20 22:12 #

great for semi ea operation

amin.adel.gorgani 2023.08.25 08:50 #

when I close some size of a position (but not completely) it reopens the pending position again. if you could just fix this problem it will be really great. thank you.

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Reply from developer Aliaksandr Charkes 2023.08.25 15:51 #

I didn't find any problems with partial market position closing. Please describe the issue in more detail here:
https://www.mql5.com/en/market/product/15791?source=Site+Messages#!tab=comments

Quick Facts 2023.08.04 20:58 #

so well thought trough! Just Magical

96952817 2023.02.20 17:02 #

GOOD VERY GOOD.

Muhammad Ramzan 2023.01.18 12:06 #

HELLO SIR CAN YOU GIVE ME ITS MQL4 FILE?

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Reply from developer Aliaksandr Charkes 2023.01.18 14:39 #

Source code is not sold or donated

129

Webster Traille 2023.01.17 10:39 #

This is pure nonsense.

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Reply from developer Aliaksandr Charkes 2023.01.17 11:41 #

Learn to use the tester and choose the right settings for the forecast period

Luc Tran 2022.12.24 04:45 #

Tested, It's best EA, good trade with some ID is double amount within 1 day, Lot 0.02, EUR/USD 200TP/day :). But i need set.file, could you help me?

11320

Reply from developer Aliaksandr Charkes 2022.12.24 10:45 #

Hello, this EA is for people who already have their own grid strategy and it allows you to fully or partially automate it. The settings depend on the current state of the market and you should already understand this. There can be no ready-made sets here.

12854

Cristian Mihail Pauna 2022.09.29 05:20 #

Negative feedback!

11320

Reply from developer Aliaksandr Charkes 2022.09.29 10:19 #

I haven't received any messages from you

197

Luis Neto 2022.07.29 20:56 #

Gostei sigo para experencia

denis1 Doc 2022.06.30 23:06 #

Здравствуйте скажете пожалуйста на каком Тайфренде торговать ваши роботам? И с какой минимальной суммы можно зайди??

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Reply from developer Aliaksandr Charkes 2022.07.01 08:29 #

https://www.mql5.com/ru/market/product/15791#!tab=comments&page=4&comment=40520057

6026

Amos Tsopotsa 2022.06.28 21:03 #

This EA works very good do you have a version for MT5 thanks

11320

Reply from developer Aliaksandr Charkes 2022.06.29 12:14 #

https://www.mql5.com/en/market/product/76546

354310 2022.06.16 06:12 #

be careful, it trades both ways at the same time, and always your loss money is more than your profit. Do not recommend it.

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Reply from developer Aliaksandr Charkes 2022.06.19 08:09 #

How you set it up is how you go. If you failed to correctly set up an EA for two-way trading, what stopped you from trading one way?

Paulchen1411 2022.05.06 09:18 #

After initial skepticism - the thing is great and has enough adjustable parameters to limit losses!

Toncho Valchev 2022.04.28 15:09 #

Hello, how many dollars can I start with this expert? so far I'm trying it on a demo, are there any settings?

114

Rob0000 2022.04.24 18:57 #

works well, goed profits.

ashrfali 2022.04.18 06:15 #

very will but haw i but sl

[Deleted] 2022.03.21 11:09 #

User didn't leave any comment to the rating

[Deleted] 2022.02.22 20:49 #

User didn't leave any comment to the rating

Zeeshan Zaheer 2021.12.29 17:51 #

User didn't leave any comment to the rating

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Version 4.1 2023.03.14

Improved error control system and system of various checks

Version 4.0 2022.06.28

Lots of small improvements
Only for new grids!

Version 3.64 2018.07.20

Added the ability to define separate setting for BUY and SELL orders.

Fixed some bugs.

Description quality and completeness		5
Reliability and usability		5
User support		5