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Elastic Grid

4.8

Elastic Grid MT4 is a multi-functional grid Expert Advisor, designed for full or partial automation of various ideas related to grid trading. The EA trades on any timeframe and symbol. It can also trade several symbols with any amount of decimal places. It does not interfere with manual trading and other EAs' operation or any indicators.

It allows to adjust its settings on the fly, works only with its own orders displaying all necessary data on them when needed, and for some situations it can be configured to control any other orders on the account. It has a powerful information system with which a trader can control not only his actions, but also the general trading situation for the entire account.

Elastic Grid MT4 supports several different types of trading
Below is a list of links to basic descriptions of the main features :

1. Reopening of closed Grid positions... >>

2. Trading with a Time Tracking... >>

3. Trading with Profit and Loss Tracking... >>

Any of these types of trading can be run both separately and simultaneously with each other

Additional Information:

  • The Expert Advisor can be simultaneously launched on any currency pair or even on the same one with different settings. Each of its orders is marked with an individual comment, which contains both the price of its opening and the name of its instrument. At the same time, the trader's personal mark can be added to the commentary.

  • The advisor is not afraid of any interruptions in work. With each new launch and unchanged settings, it picks up all of its orders and gives a report on what happened to them during its inactivity.

  • The informational (and some trading) capabilities of the advisor can be used in regular manual trading. At the same time, most of the information panels, buttons and notifications can be freely moved around the chart, some of them can be minimized and scaled, and for some they can be changed colors.


Reviews 6
Chun Chan Tu
295
Chun Chan Tu 2023.04.24 18:42 
 

if the range out of the limit ,EA can restart usecurrent price?

dlsgurwlgns
46
dlsgurwlgns 2022.07.15 19:28 
 

Very Very good ea!!!!!!

didierlfvr
92
didierlfvr 2021.12.15 20:40 
 

Very good ea.

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Alpha Grid MT5 is a multifunctional advisor designed to fully or partially automate various ideas related to grid trading (on a hedging account). At the same time, it can be considered as a general strategy designer, the capabilities of which allow you to set up not only grid trading, but also create something more complex and individual, if you understand its functionality well. That is, the strategy used does not necessarily have to be grid-based or fully automatic. The Expert Advisor can trad
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Chun Chan Tu
295
Chun Chan Tu 2023.04.24 18:42 
 

if the range out of the limit ,EA can restart usecurrent price?

Aliaksandr Charkes
12846
Reply from developer Aliaksandr Charkes 2023.04.24 18:53
I did not understand the question, please describe it in more detail in the public comments on the product
dlsgurwlgns
46
dlsgurwlgns 2022.07.15 19:28 
 

Very Very good ea!!!!!!

didierlfvr
92
didierlfvr 2021.12.15 20:40 
 

Very good ea.

ZC6368
19
ZC6368 2021.11.17 08:40 
 

hi alex, just bought Elastic Grid yesterday, i want to know, can i use it on mt5 ? await u news, thanks.

Aliaksandr Charkes
12846
Reply from developer Aliaksandr Charkes 2021.11.19 08:04
This EA only for MT4. p.s. If you have questions, please use personal correspondence or EA's discussions. This place is for feedback only and the further development of this trading idea may depend on them.
esasa
158
esasa 2020.10.30 11:57 
 

I absolutely love it. I have been trading with it successfully. The main thing is, it creates pending orders. Which for some cases is better than using an EA that does it on the fly. But I sorely miss is a little better trade management. I want to be able to see the P/L of my current trades. That way I know when it is time to close. It already shows "cumulative market lot"! Why not cumulative p/l? What would be even better: If you could put two lines on the chart. One is for stop loss. One is for take profit. When price hits either line than all trades of this chart are closed. This would make this EA almost complete. Right now I have to open another chart with an EA that has this functionality. So for every symbol I trade I have to have two charts open. Not ideal. I wish so much that this feature would be implemented. Even if they are just two numbers for tp level and sl level. If you do Aliaksandr, I will buy another license and give this 5*. (As a matter of fact this EA has already earned 5* in my heart.)

Alexandre Jean Besnard
252
Alexandre Jean Besnard 2020.02.02 01:25 
 

Alex Is very talented developper and made an update of the grid on my demand , so I really appreciate .

the elastic grid is a profit creator for the one who knows how to use it , five stars deserved !

Reply to review
Version 6.8 2024.01.31
Improved control of grid levels.
The update is only suitable for new grids!
Version 6.7 2023.12.13
Improved system for monitoring the connection to the trading server.
Version 6.6 2023.05.29
Two new settings have been added that allow you to automatically shift the initial prices from the market prices by the specified distance.

The value is expressed in points. You can set both positive and negative values. This can be useful, for example, when trading on the news or in any other situations.
Version 6.5 2023.04.04
Added the system of controlling Take-Profits and Stop-Losses for active pending orders and market positions.
Separate settings have been added to disable this control, which gives additional tactical possibilities:

-- you can manually drag and drop Take-Profits and Stop-Losses for already placed orders and positions

- you can set a trailing stop for a selected order or position

The modified values will be saved while the order or position remains active.
New orders are placed according to the specified settings.
Version 6.4 2023.03.14
Improved error control system and system of various checks
Version 6.3 2023.03.08
Implemented the ability to instantly change the lot size for each network pending order
(by automatically replacing it with a new one with new settings)
Version 6.2 2023.02.10
Optimization
Version 6.1 2022.08.05
Minor improvements
Version 6.0 2022.06.29
Optimization
Version 5.9 2022.06.27

Lots of small improvements
Only for new grids!
Version 5.6 2021.12.23

Сorrection of an error, related to the start of trading at a given time
Version 5.5 2021.12.21
Fixed some bugs
Version 5.4 2021.05.31

+ Added several Trailing Stop modes for trading with a profit limit

+ Many different small improvements

+ Correction of minor bugs
Version 5.3 2021.02.18

+ Panels and buttons can be dragged with the mouse

+ Extended capabilities of the main dashboard

+ Improved time limit trading mechanism

+ Added a new type of limit trading with a profit limit

+ The possibilities of any limit trading can be used for any orders

+ Added setting when the advisor can stop its work after restarting the terminal

+ Fixed some minor bugs
Version 4.1 2020.04.27
The mechanism for displaying market information has been improved:

- Dashboards no longer disappear and are active during any operations

- Significantly simplified panel scaling

- Has been developed a mechanism for color indication and digital accompaniment of market operations for better control of current events
Version 4.0 2020.03.26
Added ability to control expert trading time.

Now the expert can be configured to work only in a given time range or only outside this range.

Additionally, you can configure whether to remove expert orders at the end of the trade ... or within the range when trading outside it.

Also, if you use the adviser on different charts, but on the same currency pair (with different magic numbers), you can configure its work not only with any schedule, but also with different settings.

These features can especially help with the automation of any grid strategy when trading in flat.

Details in discussions ...
Version 3.67 2019.05.09
Усовершенствование режима автовосстановления ордеров.
Version 3.65 2019.04.06
Небольшая модификация пересчёта ордеров для режима Market Execution.
Version 3.64 2019.04.06
Эволюционное усовершенствование механизма обработки ордеров.
Version 3.1 2017.01.25
The EA has been adapted to work in Market Execution mode - corrected recalculation errors, which occurred when placing market orders at prices different from the specified.
Version 3.0 2017.01.10
Fixed a small issue when placing Sell orders
Reorganized output of the warning messages for zero initial prices.