The trading algorithm of the Expert Advisor works in three modes - two types of automatic grid trading and a manual trading mode. Calculations and tracking of orders are performed for buys and sells separately. There is an ability to send emails and mobile notifications of order closing and the current account status. The indicator has two trading and data panels allowing you to close order groups or add new ones manually. It also has a news filter, trade timing, several types of Take Profit, Trailing Stop and Stop Loss.
The SmartGrids trading platform includes three trading modes:
- ManualSmart_Mode - manual trading using the built-in trading panel (can be tested in the strategy tester), open orders are accompanied by the grid from the The_SmartGrids algorithm. This mode can also be used for manual tuning of groups of orders opened by other modes or other EAs;
- Grids_Mode - auto trading by trend strategy signals with subsequent arrangement of grids of limit type pending orders;
- The_SmartGrids - auto trading by trend strategy signals with subsequent work of the grid made of market orders. Grid orders are opened only after an entry signal appears from the indicator group.
- TypeOfWork - select trading strategy.
- UseStartBoth - when enabling this function, two oppositely directed orders are opened in the selected symbol window when using Grids_Mode or The_SmartGrids mode and closing all market orders.
- UseStopOut - enable/disable forced closing of all EA orders when reaching a certain loss.
- Lots - volume of the first trade in the group of orders, in lots.
- Magic - magic number.
- Slippage - allowable slippage in points.
- Step - step for the order grid in points.
- MaximumSpread - maximum allowable spread for opening orders.
- Order_Comment - comments to orders.
- Multiplier_Type - multiplier type for order grids.
- Add_Lots - lot increase in the Add_to_lots mode.
- Multiplier - lot multiplier in the Multiplier_lots mode.
- TakeProfit_Type - take profit or trailing type.
- TakeProfit_money - take profit value in money.
- TrailingStep_money - step of the trailing in the deposit currency.
- TrailingStart_money - start of the trailing in the deposit currency.
- StopLoss_Type - type of stop loss.
- StopLoss_money - stop loss value in money.
- StopOutValue - StopOut value in money.
- Use_TimeOuts - enable operation during the specified time.
- Start1 - beginning of the first time interval, when operation is allowed.
- Stop1 - end of the first time interval, when operation is allowed.
- Start2 - beginning of the second time interval, when operation is allowed.
- Stop2 - end of the second time interval, when operation is allowed.
- UseNewsFilter - enable news filter.
- SourceNews - select the news source.
- LowNews - use pauses during low-impact news.
- LowIndentBefore - pause before the news release in minutes.
- LowIndentAfter - pause after the news release in minutes.
- MidleNews - use pauses during medium-impact news.
- MidleIndentBefore - pause before the news release in minutes.
- MidleIndentAfter - pause after the news release in minutes.
- HighNews - use pauses during high-impact news.
- HighIndentBefore - pause before the news release in minutes.
- HighIndentAfter - pause after the news release in minutes.
- NFPNews - enable the Non-farm Payrolls release.
- NFPIndentBefore - pause before the Non-farm Payrolls release in minutes.
- NFPIndentAfter - pause after the Non-farm Payrolls release in minutes.
Important! For working with the news filter, it is necessary to add following links to be added to trusted URLs: http://www.dailyfx.com/ and http://ec.forexprostools.com/
- Added custom comments for the EA's orders.
- Added three order multiplier types (multiplier, increase by a fixed value, fixed lot size)
- Added Take Profit in money.
- Added Stop Loss in money.
- Added trading time settings.
- Added news filter.