• Overview
  • Reviews (1)
  • Comments (4)
  • What's new

The Grid Inside

5

The Grid Inside works on a counter trend mode, automatically opens a new order when it hits the price target due to the Fibonacci levels at 23.6 and 73.6.

If the price goes the wrong way it opens another order with a calculated lot and position.

All the positions are closed when it reaches the target profit defined on settings.

As TGI does not use stop loss, I don't recommend you put on your account more than you can afford to lose, the higher the timeframe safer it gets.

Once an order is triggered the EA works its best to close on profit, you can adjust your target due to the margin level with the marginTarget parameter.

You can set the margin limit when to close at the margin profit target to close all orders.

I recommend use a VPS, and H1 timeframe with a pipStep around 40 or higher, the best amount to begin is 1200 USD or higher for each minimum lot of 0.01.

Choose any currency with lower spred, about 15 maximum.


Input parameters

  • useMM - relative to your deposit load, it multiplies the initial lot according to the amount of your account.
  • fixedLot - the first lot will be fixed at this value.
  • moneyTarget - the exact number of points reached to close all the trades, works like a virtual take profit.
  • depositLoad - to use with useMM, means 1 deposit load for each initial lot value (eg. for 2000 -> initial lot 0.01, 4000 -> initial lot 0.02).
  • maxMarginLimit - determine the limit of margin to use the moneyTarget, if it gets to risky it closes with a marginTarget.
  • marginTarget - like moneyTarget it closes with a value you define here.
  • displayInfo - if you want the info to be displayed.
  • lotFactor - the multiplying factor of your lots of next trade.
  • channelBars - the numbers of bars needed to calculate the highest and lowest price of the candles.
  • Monday - if you want to trade on Mondays.
  • Tuesday - if you want to trade on Tuesdays.
  • Wednesday - if you want to trade on Wednesdays.
  • Thursday - if you want to trade on Thursdays.
  • Friday - if you want to trade on Fridays.


Reviews 1
Serafin Perez
3405
Serafin Perez 2017.05.23 15:53 
 

Estoy usandolo desde que salió y me gusta mucho este EA. Tienen un beneficio muy pequeño pero constante y en el tiempo se traduce en ganancias continuas. El autor está en contacto permanente con el cliente. Es una buena inversión a largo plazo.

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Forex EA Trading Channel on MQL5:  Join my MQL5 channel to update the latest news from me.  My community of over 14,000 members on MQL5 . ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. EA will be sold in limited quantities to ensure the rights of all customers who have purchased. - REAL SIGNAL  Low Risk:  https://www.mql5.com/en/signals/2302784 IC Markets - High Risk:   https://www.mql5.com/en/signals/2310008 AI Gold Sniper applies the latest GPT-4o mod
BeiDou Trend
Xian Qin Ceng
5 (1)
Beidou Trend EA is a trend EA with a large profit-loss ratio. Breakout trading is a very old method. It has been widely used since Livermore in the 1900s. It has been more than 120 years. This method is always effective, especially for XAUUSD and Gold with high volatility. I have been using the breakout method to make profits on XAUUSD since the beginning of my investment career. I am familiar with this method. It is old, simple and effective. Beidou Trend EA is improved based on Rising Sun Gold
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Serafin Perez
3405
Serafin Perez 2017.05.23 15:53 
 

Estoy usandolo desde que salió y me gusta mucho este EA. Tienen un beneficio muy pequeño pero constante y en el tiempo se traduce en ganancias continuas. El autor está en contacto permanente con el cliente. Es una buena inversión a largo plazo.

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Version 2.1 2019.01.02
Corrected margin limit for buy orders.
Version 2.0 2018.12.20
Stop Loss you can chooose with MAX % LOSS
Fibo Orders - You choose how many orders per cycle, you choose as much as you want.
Stochastics and ADX choose to use or not.
Version 1.5 2017.06.19
Fixed magic Number bug - The Take profit was working only with one magic number.
Version 1.4 2017.06.14
- little fix on checking number of opened orders by magic number.
- Included take profit.
Version 1.2 2017.05.15
removed stopout parameter
included CCI indicator to open new trades
included pipstepExpo so to increase the distance to open new orders.
adjusted graphic display rectangle
Version 1.1 2017.04.24
Fixed errors
Improved data displaying
Added checks for history