Market / MetaTrader 4 / Experts /

Power Grid Bot

499 USD

Demo downloaded: 853

Published: 5 July 2018

Current version: 8.0

Power Grid Bot

Experts
Stefan Kueffner
Version: 8.0
Updated: 1 February 2021
Activations: 10

AUDCAD M15, EURUSD M15 and GBPUSD M15. This professional trading robot trades using the best proven strategies. In addition to excellent entries it uses a dynamic grid system that adapts to volatility and manages positions. It was developed and tested using in-sample statistical data of several Forex brokers for verification. The data sample was big enough to include all kinds of market sentiments. The strategy was then tested on out-of-sample data to verify the in-sample performance. The EA has a high win rate of over 80%. Should a position go into the drawdown despite the good entry, the intelligent gridsystem manages the trade in order to still make a profit in the end. Low spread of around 10 points (1 pip) and high leverage of 1:500 are recommended. Backtest using Tickdata.

Inputs

EnableHedging - true/false
Balance Stopp Loss for each pair in percent of balance- If more than one pair is traded at the same time
Initial Lotsize - lot size of first trade (will increase automatically if balance increases)
Balance - Your account Balance (recommend min 2000 in currency)
Balance Step Lots - put the same value here as Balance
Lot addition - lot increase per position (will increase automatically if balance increases)
Maximum Lotsize - maximum Lotsize (based on balance, will increase automatically if balance increases)
Maximum open positions - maximum number of trades
Grid Distance (minimum in pips) - minimum distance of a grid order (recommend leave 25)
Magic Number- for trade identification (EURUSD and GBPUSD, don't change)
Maximum Spread (in points)- protective filter against high spreads
FIFO (for US brokers) - apply FIFO rule true or false
Trade Comment - for trade identification purposes
Profit Target (in pips) - Take profit (in pips), 5 pips gives best longterm results
Trailingstop- set to false by default, best for longterm results
Trailing Step (in pips) - Trailes by this value, leave at 5 for best longterm performance
Stop Loss all Trades in percent of balance - Percentage stop loss based on account size
December Filter - true/false , if true: no trades from December 22nd till January 5th
GMT offset (Wintertime) - your broker winter GMT offset
US DST - true/false: if true automatic change wintertime to summertime and back (according to US DST)

GMT offset and US DST (depends on your broker)

more...

351

Vincent Delmas 2020.08.10 01:52 #

i have bought this EA a few weeks ago and run it live.So far only good trades ,the strategy is solid .Stefan is a nice guy ,very responsive and available ,he answers and explains all you can ask for.Really great product. Deserves 5 stars,for sure

1803

Khoa Le 2019.02.13 10:04 #

I ran this EA on my ICM account and so far it's great. Even though the backtest is good but you will need to take precaution and stop EA before the critical events like Brexit vote... 5* for now.

2048

Pankom Sriboonlue 2018.11.27 05:06 #

BT look amazing

Go Live since 24 jan 2019

So,far so good..

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499 USD

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Alesamo 2023.11.28 20:17 #

Tested this bot with 2023 data, see comment #88... No reply from the developper, obviously he lost interest in this project, therefore I cannot recommend it...

351

Vincent Delmas 2020.08.10 01:52 #

1803

Khoa Le 2019.02.13 10:04 #

I ran this EA on my ICM account and so far it's great. Even though the backtest is good but you will need to take precaution and stop EA before the critical events like Brexit vote... 5* for now.

2048

Pankom Sriboonlue 2018.11.27 05:06 #

BT look amazing

Go Live since 24 jan 2019

So,far so good..

Version 8.0 2021.02.01

-Changed default settings

Version 7.8 2020.11.21

- fixed minor bug

Version 7.7 2020.11.19

- added risk perent and Lot multiplication

Version 7.6 2020.10.24

- added pair audcad

Version 7.5 2020.09.17

-changed default settings and internal parameters

Version 7.4 2020.09.15

-removed USDCAD as recommended currency pair

Version 7.3 2020.09.13

- added currency pair USDCAD M15
- added equity Stop Loss

Version 7.2 2020.07.14

- modified some code

Version 7.1 2020.07.10

- Removed News Filter

Version 7.0 2020.07.10

- added " eneable hedging function"

Version 6.6 2020.02.08

-added info panel
-set more conservative by default

Version 6.5 2020.01.06

-some changes in code

Version 6.4 2019.09.01

- changed default settings

Version 6.3 2019.07.07

- restructured code

Version 6.2 2019.07.06

- New code structure for newer MT4 build

Version 6.1 2019.02.13

- set Trailingstop to false by default
- changed MaxSpread default to 30 points

Version 6.0 2018.12.18

- added 2 new pairs EURUSD and USDCAD

Version 5.4 2018.12.02

- added description
- modified default settings

Version 5.3 2018.11.25

- adjusted settings to fit a smaller account balance
- changed default settings

Version 5.2 2018.11.04

- Default initial lotsize changed to 0.03

Version 5.1 2018.10.17

- added minimum Grid Distance input
- reduced drawdown for default settings

Version 5.0 2018.10.12

- More setups that were added as entries
- Modified Inputs tab to be more adjustable

Version 4.0 2018.09.23

- added more entry signals
- simplified inputs tab

Version 3.7 2018.09.10

- minor change in default settings

Version 3.6 2018.09.08

- Adjusted Inputs Tab

Version 3.5 2018.09.06

- restructured inputs tab

Version 3.4 2018.09.06

Start Balance and Balance Step set to 3000 fixed

Version 3.2 2018.09.03

- changed default ssettings

Version 3.1 2018.09.02

- made Lot size of initial trade adjustable

Version 3.0 2018.09.02

- Function Lot addition / LotPlus recoded and improved for all account sizes
- Parameters Start Balance and Balance Step added
- Parameter Magic Number added
- Parameter Trade Comment added
- Lotsize of initial trade linked to account balance and balance step
- Lot addition linked to account balance and balance step
- Maximum Lotsize linked to account balance and balance step
- Disable Monday trading parameter added
- Disable Friday trading parameter added
- set GMT offset to +2 by default
- automated DST change (US)
- Parameters renamed for easier understanding
- new inputs tab layout
- Removed LotMultiplier parameter
- Removed Trend Filter parameter, Trendfilter timeframe and Trend moving averages
- Removed RiskBalancePercent parameter
- Removed EquityTP parameter

Version 2.5 2018.08.24

- Minor changes in code
- Changed default settings

Version 2.4 2018.08.23

- Changed default settings to make them robust
- Added December Filter

Version 2.3 2018.08.07

- Fixed minor bug in LotMultiplier function

Version 2.2 2018.07.26

- Further improved entry logic through advanced filtering process

Version 2.1 2018.07.23

Version 2.1

- Changed recommended timeframe to M15
- Modified entry signals to be less broker dependent

Version 2.0 2018.07.17

Features Version 2.0

1. Reduced recommended minimum deposit
2. Advanced safety features
3. Multi -timeframe trendfilter
4. New trailing stop version
5. Works on ECN and non-ECN Brokers
6. Fully customizable