Grid EA with Smart mode

The Grid EA (with smart mode) is based on a strategy with a dynamic grid channel that can withstand long absence of rollback. The robot can be used for trading any instruments after a proper optimization. With default parameters, it is recommended for: EURUSD, EURJPY, CADJPY, GBPUSD NZDUSD.

Monitoring of EA trading: https://www.mql5.com/ru/signals/538873


Key Features

  1. Fully automated trading
  2. Customizable deposit protection
  3. Forced order closing and planned trade pauses
  4. Virtual Take profit and Stop loss levels
  5. Timeframe: any


Description of EA Parameters

  • AllowBuy – enabling/disabling Buy orders
  • AllowSell – enabling/disabling Sell orders
  • LotsBuy – initial lot value for Buy trades
  • LotsSell – initial lot value for Sell trades
  • StepForBuy – step for the grid of Buy orders
  • StepForSell – step for the grid Sell orders
  • EnExtGrid – enable increase of the grid step by the specified StepPlus value for each new orders, calculated by the formula StepPlus*N, where N is the grid step number
  • StepPlus – the number of points to increase the grid step
  • StepMinus – if the parameter is set to zero, the Take Profit level of a series of orders will be set at the level of the last but one order. Otherwise, the parameter value determines the number of the grid step from which the Take Profit level is shifted by the spread size of the traded instrument towards a decrease in profit. It is recommended to find the optimal parameter value in the MT4 terminal strategy tester for a specific broker
  • MaxOrd – maximum number of orders in one grid
  • MinBal – the minimum account balance Ef during robot launch the account balance is less than the specified value, a notification will be shown and the EA will be automatically unloaded from the chart. If during trading, the current balance falls below the specified value, all open positions will be closed, and trading will be completely stopped
  • MDD – the maximum size of the total drawdown on the instrument. If the value is reached, all open positions on this symbol will be closed. The EA operation will automatically resume after the number of hours specified in the Pause parameter
  • Pause – the number of hours to stop trading after the trigger of MDD
  • APT – enable/disable the smooth end of trading. After the specified time (D_close and Begin_h), the EA will continue trading its existing grids, but new grids will not be opened. Trade resuming day is set in D_open
  • PZT – enable/disable forced closing of positions if there are any after the end of APT. After the specified time ( End_h), all open symbol orders will be closed
  • D_close – the day of the week when the APT function starts working
  • D_open – the day of the week on which trading is resumed after a pause
  • Begin_h – the start hour of the APT function operation
  • End_h – PZT trigger hour
  • Infor_color – set the font color
  • Infor_font_size – setting the font size for the information text
  • X1 – horizontal shift of the indication block


Attention

  • Magic Number is set automatically.
  • When preset risk % is reached, all deals are closed, trading is stopped!
  • Requirements for the trading conditions:
    • Any broker, account types: ECN, MTF, DMA, NDD, market execution and minimum spread
    • Recommended leverage: 1:500 and more
    • Recommended deposit: $120 and more (for cent accounts).


Author

IPA Investments LTD specializes in innovations of software in the sphere of trading both for own requirements and for implementation of tasks of corporate clients.

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Stuart James Winter
Experts
Tailored specifically for prop firm challenges and  live prop firm accounts, the Algo Gold Premium Expert Advisor functions as a scalping robot, employing an innovative low-risk strategy. When equipped with a chosen setfile, this expert advisor efficiently completes a prop firm challenge within a week, enabling swift acquisition of a funded account. With a robust risk management system in place, the EA automatically halts trading once the profit target set by your prop firm is achieved. Shou
Big Forex Players MT4
MQL TOOLS SL
4.73 (44)
Experts
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
Quantum Emperor MT4
Bogdan Ion Puscasu
4.85 (172)
Experts
Introducing   Quantum Emperor EA , the groundbreaking MQL5 expert advisor that's transforming the way you trade the prestigious GBPUSD pair! Developed by a team of experienced traders with trading experience of over 13 years. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Buy Quantum Emperor EA and you could get Quantum StarMan for free !*** Ask in private for more details Verified Signal:   Click Here MT5 Versi
Pattie Breakout ORB EA
Patrick Jeannot
4.75 (4)
Experts
Pattie Opening Range Breakout (ORB) is a range of price variation, which for each session, it generates a combination of support and resistance levels, positioning itself in favor of breaking out of the bands, when it is exceeded on the upside is a signal to buy or enter long and when it is exceeded on the downside it is a signal to sell or enter short. Pattie Break Out  EA  is a specialized trading tool designed to automate  time session-based breakouts . The EA operates by drawing a price rang
Quantum Dark Gold
Nguyen Hang Hai Ha
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Experts
Quantum strategy is a combination of quantum superposition and trading signal model. EA Quantum Dark Gold determines Buy and Sell positions simultaneously for each signal and simultaneously places 2 orders Buy Stop and Sell Stop. Then the momentum determines which order position is executed and cancels the remaining pending order. This interesting idea forms the Quantum Dark Gold with a unique entry method. Open positions are then managed by Trailing, Stop Loss and position balancing strategies
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Indicators
The  Trade by levels  indicator is designed to automatically determine the formation of a model for entering the market on the chart of the selected instrument. Definitions:           ⦁ BFl is the bar that formed the level.          ⦁ BCL1 and BCL2 bars, confirming the level.  The graphical model:         ⦁ levels high\low the bars BFL and BCL1 must match the accuracy to the point         ⦁ there can be any number of bars between BFL and BCL1.         ⦁ between BCL1 and BCL2 intermediate bars
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