Market / MetaTrader 4 / Experts /

Flexible Grid

200 USD

Demo downloaded: 1 703

Published: 29 August 2018

Current version: 2.1

Flexible Grid

Name: Flexible Grid
Price: 200.00 USD
Rating: 5 (8 reviews)
Author: Dmitriy Sheykin

Experts
Dmitriy Sheykin
Dmitriy Sheykin
Russia

2318
5 (31)
3 products
Version: 2.1
Updated: 22 March 2021
Activations: 7

MT5 version here

The Flexible Grid EA uses the RSI indicator to enter the trade. To enter BUY, the RSI must cross the bottom up the value specified in the EA parameters (for the sales, on the contrary, cross from top to bottom).

In case of a successful entry, the transaction closes either according to Take Profit, or Trailing Stop is used.

If the market goes in opposite direction, the order grid opens at a specified distance from the average price of the grid. Also, newly opened orders can be filtered using Bollinger Bands indicators (for example, Sell opens only if the price has closed above the upper Bollinger Bands limit) and Moving Average (for example, Buy opens only if the price has closed below Moving Average).

The EA separately follows the differently directed warrants. The EA works with explicit control over the opening of the candles, so when optimizing, you can use the mode at price open.

Requirements

The default parameters are optimized for the conservative variant of trading with EURUSD on the H1 timeframe
The minimum recommended deposit is $ 1000 with the initial lot 0.01 when using one currency pair ($2000-3000 when using more pairs)
Support for 4- and 5-digit quotes

The EA can work on various trading instruments and with varying degrees of risk. Setting files for different currency pairs at comment #71

Input parameters

General settings

Comment - comment to the orders
Magic Number - the magic number for orders of the adviser
Slippage - slippage size

Money management settings

Lot size - lot size
Use Money Management - use MM
Balance for Lot size - the amount of balance for using lot size Lot Size (when using the money management lot size will be calculated by the formula: AccountBalance / BalanceForLotSize * LotSize)
Trailing Stop for Buy/Sell - the size of Trailing Stop in pips (if equal to 0 - trailing is not used and the grid is closed when the profit is reached Grid minimum step)
Trailing Stop Step - the step of changing Trailing Stop in pips

Capital protection settings

Type of protection: NoControl - no control, FixedMoney - a specific amount in the account currency, BalancePercent - a percentage of the balance
Maximum drawdown (in currency of account) - the maximum amount of drawdown
Maximum balance DD percent - maximum drawdown as a percentage of the balance

Signal settings

Period RSI for Buy/Sell - period of the RSI indicator
Buy Signal - RSI value for Buy
Sell Signal - RSI value for Sale

Grid settings

Grid minimum step for buy/sell - the minimum distance from the current price to the average price of the grid for opening an order
Filter Type for Buy/Sell - the type of filter to open the orders of the grid: None - the filter is not used, Bollinger Bands - used by Bollinger Bands, Moving Average - used Moving Average)
Bollinger Bands period - the period of the Bollinger Bands indicator
Bollinger Bands deviation - deviation of the Bollinger Bands indicator
Moving Average period - the period of the indicator Moving Average

Settings for optimization (not used in the work of the Expert Advisor)

Use DD restriction via optimization - use the equity drawdown constraint
Maximum DD - maximum drawdown as a percentage of initial capital
Minimum number of trades - the minimum number of orders

When optimizing, specify the optimized parameter to Custom

more...

270

Top Forex 2019.02.15 11:13 #

One of the best programmers here on MQL5.

He has checked that FLEXGRID worked well on my account and we also exchanged opinions on other systems. Absolutely recommended!!!

521

Azamat Sarsembaev 2018.12.04 21:25 #

все четко работает) и главное Дмитрий всегда поможет настроить, быстро и качественно 5 звезд ставлю) будем ждать если обновления или же новые проекты от Дмитрия!

597

Xianwei Li 2018.12.01 02:26 #

This EA low risk and have smart entry and have profit exit, at moment, it always get profit, keep going. 5 rate

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1873

Moreno Dainese 2019.05.17 16:41 #

In tutti i miei backtest dal 2010 questa griglia ha fatto saltare il deposito sul conto cent ho un grande dd dovuto ad audusd sul conto normale uso solo usdcad l’unica valuta che ha superato i backtest

270

Top Forex 2019.02.15 11:13 #

One of the best programmers here on MQL5.

He has checked that FLEXGRID worked well on my account and we also exchanged opinions on other systems. Absolutely recommended!!!

2802

RK99 2019.02.08 09:50 #

User didn't leave any comment to the rating

301

Salvatore Micucci 2019.01.24 11:12 #

User didn't leave any comment to the rating

521

Azamat Sarsembaev 2018.12.04 21:25 #

597

Xianwei Li 2018.12.01 02:26 #

This EA low risk and have smart entry and have profit exit, at moment, it always get profit, keep going. 5 rate

585

Vhug84 2018.11.14 22:17 #

good results, at the moment 5 stars

978

Wei Lung Wu 2018.10.16 10:16 #

perfect...great...excellent...very good EA....

New version take more profit than old version.Strong support.Dmitriy Sheykin always cares about customers' condition.

936

BlueDot 2018.10.11 17:37 #

So far so good

I will update

2018 10 19

My real money account grow steady and demo account (auto lot on) made 10% profit per week.

5 STARS !!!!

2018 10 27

Still making money with very low DD

I am using only 4 pairs now EURUSD GBPUSD AUDUSD NZDUSD but increased lot size.

Because my broker has 200 open position limit.

587

Sevgi Simsek 2018.10.03 14:27 #

Great product. It really works as it appears. The author is great. Very good support. A winning EA.

- He keeps doing good. 13.10.2018

587

Chihteng Lin 2018.09.07 16:01 #

Through backtesting, I understand that this is a special grid strategy EA

It’s the same as backtesting so far, I’m looking forward to it.

The author is friendly and offers a good SUPPORT

No doubt five stars recommended !