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Grid 4 you

5

Safe Grid E.A .  Metatrader 4. For EURUSD. Timeframe M5.

Safe deposit 2500 $. Leverage: 1 : 500 .

New Set Files in Comment # 33   [ click here ]
use for current version: 6.10

Automatic Expert, also you can manually trade with guide of (Buy/Sell) strength signals.

Algorithm depends on 4 Quantum that detect the strong signals to open orders.

In case the price goes against the opening price, the grid will start to open orders according to the grid step.

Please read my topic the Grid trading strategy.

Recommendations:

- Metatrader 4  &  Fast VPS 24 hour.

- For EURUSD,  Timeframe M5,  Leverage: 1 : 500 .

- Safe deposit is 2500 $.

- Low Mode = true   is (Recommended),  it is more safe.

- By increasing the deposit, you will get less risk and less Relative drawdown %.

- The currency pair history should be downloaded to the MT4 terminal every month.

- Use first on Demo  account of your broker for at least one month, before using on Live account.

- Be sure  first that the performance of the Expert is good at your Broker.  

- Change the Set Files parameters according to your convenience and performance of the Expert on your broker.

- Please remember that constant low profit is much better, than big profit with high risk and possibility of deposit loss.


For using manual trading:

- you can trade manually at the same time with automatic trading.

- but if  you want to stop automatic trading, and trade manually only, select the input ( Stop New Cycle = true )

- Buy when signal shows ( Strong Buy ) & Sell when shows ( Strong Sell ).

- you should have enough deposit in your account (2500 $), for unexpected bad market condition.

- In manual trading no need to put TP or SL, the Grid will manage, until it will hit TP.  

- In manual trading you can use ( Hedge ), if you wish.

- Test on Demo account for enough time.


Note: Low Mode Selection:

      In the Inputs parameters after Magic number, you will find the following input:

     ( Low Mode Selection ), there are 2 selections:

1- Low Mode = true    (Recommended)  more safe

If you select true,  deposit 2500 $ for EURUSD, the number of trades is little, the profit is low and the risk is low or according to the set you are using.

2- Low Mode = false 

If you select false,  deposit 2500 $ for EURUSD, the number of trades is big, the profit is high, and the risk is higher than the first selection.   


Advantage:

- Very simple inputs parameters, make it easy for use by any trader without the confusion of many parameters.

- Set files is available for EURUSD.

- No Martingale that can increase the risk and the drawdown %.

- Small risk & Relative drawdown %, with safe deposit 2500 $.

- Facility of the Low Mode Selection,  please read   ( mentioned above).

- Money Management selection :

  ( false for Fixed Lot Size & true for Risk Percent% ).

- Facility to increase the number of trades ( Open More Trades = true) with little increase in Relative drawdown %.

- Buy & Sell buttons for manual trading (work during strategy tester).

- Buy & Sell strength Signals  show: (Strong Buy or Strong Sell or Weak Buy or Weak Sell or  Wait.Buy or Wait. Sell) to guide the trader during manual trading.

- Close Buy & Close Sell buttons  that display the Buy profit & Sell profit  (work during strategy tester).

- Spread filter protects against bad market conditions.

- Trader can set the time for start hour and end hour of trading ( Time Filter = true).

- No hedging during automatic trading.

- No need to turn off during News.

- The rent price is low  to allow trader to test the expert enough on Demo account of his broker, before using on Live account.

- Free Version Grid 4 you Free is available, this can help in testing.

Thank you in advance, for your testing, renting or purchase ..
And thank you very much for your positive review and rating ..

 

Disclaimer: Trading Futures, Forex, CFDs and Stocks involves a risk of loss. Trade only with money you are ready to lose.

  Ahmed



Reviews 3
Andreas Franz
349
Andreas Franz 2020.02.11 12:32 
 

Well done, really love the set files catering to different risk levels

Logical and very practical layout on the chart

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Automatic Expert.  Metatrader 4. For EURUSD. Timeframe M5. Deposit 3000 $. Leverage: 1 : 500 . New Set Files in Comment # 1   [ click here ] use for current version: 4.10 Algorithm, puts Buy & Sell limit pending orders. If price goes up it will hit the sell limit, then comes back down to take profit. If price goes down it will hit the buy limit, then comes back up to take profit. In case price doesn't go as we wish, algorithm opens multiple orders according to the grid step, until price return
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Andreas Franz
349
Andreas Franz 2020.02.11 12:32 
 

Well done, really love the set files catering to different risk levels

Logical and very practical layout on the chart

Fahad_201
19
Fahad_201 2019.12.26 13:30 
 

User didn't leave any comment to the rating

Asael90
19
Asael90 2019.12.24 04:27 
 

User didn't leave any comment to the rating

Reply to review
Version 6.10 2021.01.11
- Strategy Modification.
- Other Minor Improvement.
Version 5.90 2020.03.15
- minor improvement changes.
Version 5.80 2020.02.19
- major strategy changes.
- removal of deposit selection mode.
- new low mode selection.
Version 5.70 2020.02.06
- changes to increase testing speed.
- changes to decrease the drawdown.
Version 5.60 2020.02.01
Code changes to decrease the drawdown
This is applied to Deposit Selection Mode ( Use Deposit ( 1000 $ ) = false )
Version 5.50 2020.01.29
delete all pending orders after removal of the expert
Version 5.40 2020.01.27
Changes in strategy, to increase profit and decrease draw down.
Explanation in comment tab.
Version 5.30 2020.01.21
- Changes in the strategy.
- Changes of ( Buy / Sell ) entries.
- Add ( Trailing Factor ) input.
- Other code changes.
Version 5.20 2020.01.16
- buttons location in the chart changed from upper to lower place
Version 5.10 2020.01.15
- buttons is working during strategy tester.
- some buttons and comment texts changes.
- other code changes.
Version 4.10 2020.01.08
- Buttons changes
- Strength signal changes.
- Other Code changes.
Version 3.10 2020.01.07
- ( Close Buy ) button added.
- ( Close Sell ) button added.
- Text Buy Profit added.
- Text Sell Profit added.
- Other Code changes.
Version 2.1 2020.01.02
- Facility of the Deposit mode selection is added ( please read in Recommendations ).
- Removal of (Show Comment & Show Buttons ) from Inputs parameters.
- Removal of Arrows Up or Down with ( Buy or Sell ) orders.
- Removal of Unnecessary Comment Texts.
- Other Code changes.