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PS MasterGrid

Grid trading is an efficient mechanical trading strategy which has no reliance on direction, profits from volatility and uses the intrinsic wavy nature of the market. Grid trading refers to the trading approach which uses fixed price levels to enter and exit trades in one or both directions. Grid trading has several advantages.


Advantages

  • Easy to set up and supervise.
  • No indicators or hard analysis needed.
  • Grid trading is time-frame independent.
  • Requires little forecasting of the market.
  • You decide which direction to trade: long, short or both.
  • The EA can manage buy and sell grids simultaneously.
  • Grids can be optionally reset at certain profit levels.
  • Grids can be closed or paused at the trader's discretion.
  • The grid configuration can be changed on the fly.
  • Grids can operate using different behaviors.
  • It works for Forex, CFDs and futures.


Parameters

  • Lots.
  • Magic number.
  • Slippage.
  • Type orders: Buy, Sell or Buy & Sell.
  • Lots type: Fixed or Increasing.
  • Can restart after win: True or false.
  • Minimal profit [$] close loss deals.
  • Minimal profit [$] close all deals.
  • Step order: Distance between operations.
  • Add minimal step: Minimum distance between operations with profits.
  • Decrease all lots after close: True or false.
  • Close by ratio.
  • Profit [$] if use Buy or Sell only.


Author

Miguel Angel Vico Alba. IT Engineer and Freelance Trader. CEO at Pathfinder Systems. Developer of Technical Indicators and Expert Advisors for MetaTrader.‌

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