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Gridingale MT5

4.75

Gridingale is a new complex Expert Advisor that combines grid and martingale. It will create an order grid according to the settings but also add a martingale on it. So it will take profits on little and big movements

A loss covering system is integrated to allow the recovery of orders that are too distant from the current price. It is possible to filter the opening of a new cycle with an indicator.

It can work on both sides at the same time, but it is interesting to have it work on markets that have a rebate to maximize profits over the long term.

Results are good on EUR/USD but you can use it everywhere by adjusting the settings. Timeframe H1.

Live signal: https://myx.gg/mql5

Share your best configuration set or find help on the discord: https://myx.gg/discord

MT4: https://www.mql5.com/en/market/product/42499

Recommended BrokerICMarkets (4.8/5⭐ on Trustpilot for 10k+ reviews) 

Inputs:

  • Buy enabled - Allow the EA to Buy.
  • Sell enabled - Allow the EA to Sell.
  • Rebate mode - Allow the EA to Buy or Sell only if there is a positive swap.
  • Maximum orders - Maximum order the EA can take simultaneously.
  • Start new cycle - Tell the EA to start a new cycle at the end of the current one.
  • Use indicator to start a new cycle -  Only start a new cycle if the indicator is overbought (for sell) or oversold (for buy) in the selected timeframe & period.
  • Indicator - Indicator to use (RSI, MFI or Stochastic).
  • Indicator Timeframe - Timeframe for the indicator.
  • Indicator Period - Period for the indicator.
  • Lot multiplier for martingale - Lot multiplier for martingale.
  • Initial martingale lot - Initial lot for martingale.
  • Initial martingale lot per balance - Balance per initial lot. (Ex: if Initial martingale lot = 0.01 & Initial martingale lot per balance 1000, lot will be 0.01 at 1000, 0.02 at 2000, 0.1 at 10000)
  • Grid lot - Lot for grid orders.
  • Grid lot per balance - Balance per initial lot. (Ex: if Grid lot = 0.01 & Grid lot per balance = 1000, lot will be 0.01 at 1000, 0.02 at 2000, 0.1 at 10000)
  • Maximum lot - Maximum lot the EA can use for an order.
  • Global TakeProfit - TakeProfit for the martingale. (It will also close grid orders)
  • Global StopLoss - StopLoss for the martingale. (It will also close grid orders)
  • Grid TakeProfit - TakeProfit for grid orders. 
  • Grid StopLoss - StopLoss for grid orders.
  • Distance between grid orders - Distance between two grid orders.
  • Distance between martingale orders - Distance between two martingale orders.
  • Distance added every new martingale order. Distance added every new martingale order from last.
  • Order number for loss covering. Must be >= 2 - Number of martigale orders that need to be open for activate the loss covering system.
  • Loss covering TakeProfit - Loss covering TP
  • Magic number - The magic number.
  • Show buttons and informations - Display buttons and informations box in the chart.

Recommended balance: low risk: +10,000$, medium risk: +3,000$, high risk: ±500$.

WARNING: I sell all my products only on the official MQL5 website. If you see it somewhere else, it's a scam.



Reviews 8
geenstijl78
255
geenstijl78 2022.02.13 11:41 
 

i'm using it for couple days now on real and have tested it 1 month on demo its working great.

Reisinho
157
Reisinho 2020.01.10 15:51 
 

I use 5 different currency pairs with different setups and they work very well. You should only pay attention to the long-term trend and if necessary change the setup then you can also get through volatile markets. I think Arthur did a good job here.

noshali
558
noshali 2019.10.15 15:18 
 

Great potential...for the price it is a steal..author is very very helpful.

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Filter:
geenstijl78
255
geenstijl78 2022.02.13 11:41 
 

i'm using it for couple days now on real and have tested it 1 month on demo its working great.

samad qorbani
129
samad qorbani 2020.07.07 12:44 
 

User didn't leave any comment to the rating

Hafizul Hamdi
416
Hafizul Hamdi 2020.05.12 11:29 
 

User didn't leave any comment to the rating

crifalo
646
crifalo 2020.02.19 23:55 
 

User didn't leave any comment to the rating

Aristide
151
Aristide 2020.01.31 13:34 
 

User didn't leave any comment to the rating

RDI
1482
RDI 2020.01.13 11:37 
 

Thanks for your great Work. For the Moment **** by me . Update follows

Reisinho
157
Reisinho 2020.01.10 15:51 
 

I use 5 different currency pairs with different setups and they work very well. You should only pay attention to the long-term trend and if necessary change the setup then you can also get through volatile markets. I think Arthur did a good job here.

noshali
558
noshali 2019.10.15 15:18 
 

Great potential...for the price it is a steal..author is very very helpful.

Reply to review
Version 5.1 2020.06.09
- Fixing MQL5 build error
Version 5.0 2020.06.02
- updating core
- minor bug fix
- new default settings
Version 4.0 2020.04.23
- updating core.
- adding new indicators (MFI and Stochastic) and the possibility to set the period.
Version 3.0 2020.02.05
- New option to filter the opening of a new cycle with the RSI
Version 2.1 2019.10.23
- Fix buttons
Version 2.0 2019.10.20
-Adding an information box.
-Adding buttons to close orders.
-Adding auto lot for martingale & grid.
-Adding a new cycle option to stop the EA at the end of the current cycle.
-Upgrading Loss covering system.

Warning: This will not work with versions 1.5 & older. You should only use it on an empty chart because old orders will not be taken into consideration.
Version 1.6 2019.10.02
-Optional update: Changing orders comment.

Warning: This will not work with older versions. You should only use it on an empty chart because old orders will not be taken in consideration.
Version 1.5 2019.10.01
-Bug fix
-Adding comment
Version 1.3 2019.10.01
-Adding Alerts
Version 1.2 2019.09.30
-Bug fix
Version 1.1 2019.09.30
-Code optimization