AW Grids Maker

4.33

AW Grids Maker is used to build grids from pending orders. The utility is universal, has flexible settings and an intuitive panel interface. The program builds networks from STOP and LIMIT orders with the necessary step, uses the position volume multiplier.

MT5 version -> HERE / Problem solving -> HERE
Advantages:

  • Uses pending orders of all types.
  • Simple and flexible configuration.
  • A well-designed and multifunctional utility panel.
  • A well-thought-out information module
Features of work:

  • Suitable for pyramiding, classic averaging or martingale.
  • Automates grid opening, order tracking and closing.
  • It can be an integral part of a trading system or an independent strategy.
  • Building networks of orders of all types with adjustable distance and transaction volume increase coefficient.

Detailed description of the panel:

  1. A trader can open pending Buy Limit and Buy Stop orders using the "Open Buy" button.
  2. To open pending Sell Stop and Sell Limit orders, use the "Open Sell" button.
    1. A Buy Limit order is placed below the current price, while a Sell Limit order is placed above the current market price. These orders are used when a trader expects a reversal from a certain price level. When the specified pending limit order is reached, the trade will be executed at a price no worse than the requested one.
    2. A Buy Stop order is placed above the current price, while a Sell Stop order is placed below the current market price. It's most often used in breakout trading strategies. When the price reaches the specified price, the pending Stop order automatically converts to a market order.
  3. Using the ON/OFF switches you can disable or enable automatic opening of Stop or Limit orders when pressing the buttons.   "Open Buy"  or  "Open Sell" .
  4. Pending Order Adjustment Block. This block is presented as input fields where you can enter the desired volume or quantity. You can also change the data using the increase and decrease buttons.  
    1. Adjusting the trading volume in the "Lots" input field.
    2. Similarly, you can change the multiplier between pending orders in the "Multiplier" input field. The multiplier between orders is applied when the number of pending orders is greater than one.
    3. Use the "Step" input field to adjust the distance between pending orders of the same type. This variable also works if there is more than one pending order of the same type.
    4. The number of orders in one pending order basket is adjusted in the "Number" input field.
  5. The bottom section of this panel is represented by a "Close Buttons" block. In this block, traders can delete all pending orders or delete individual pending orders of the "Buy" or "Sell" type.

Input parameters:

Size of the first order – the size of the first order in a basket of orders of the same type. If the " Multiplier for size of orders " variable is set to "1," the size of all orders in the basket will be equal to the specified value.

Order Magic Number – the utility's primary order identifier. It is used primarily for order identification;

Comments of the EA's orders - comments for orders opened by the utility;

Number of pending orders in grids – the number of orders of each type (separately BUY limit, BUY Stop, SELL limit, SELL stop) for each basket;

Maximum slippage in points - the maximum allowable slippage in points for opening and closing orders;

Multiplier for size of orders - volume multiplier for pending orders, each subsequent open order in the order grid will be larger than the previous one by this coefficient;

Step for grids – a variable that regulates the step between orders in the grid, measured in points;

Virtual TakeProfit Size (In Points) – the take-profit size in points. Calculated for the current order group based on the breakeven price;

Font size in panels - font size on the panel.


Reviews 3
Haikal Bin Mohd Hanafiah
408
Haikal Bin Mohd Hanafiah 2023.09.22 09:07 

Great UI

Patrick Jeannot
1566
Patrick Jeannot 2021.04.13 12:56 

Awesome EA

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DrawDown Limiter v5.0 — Advanced Account Protection Controller DrawDown Limiter v5.0 is a client-side account protection controller designed to supervise your trading account and automatically react when configured risk, profit, news, schedule, rollover, or position limits are reached. It can monitor manual trades, automated strategies, multiple Expert Advisors, pending orders and floating positions from one dedicated chart. It can protect the complete account or be configured to supervise a spe
Risk manager Risk manager - it will simplify the tracking of drawdown and will notify you (alert) when the specified risk is reached, and close/lock orders when the critical DD risk level is reached. If the specified drawdown is exceeded, you can choose two options for actions: All orders will be closed that mean loss will be fixed on depo. The terminal also closes. Instead of fixing the loss on depo, the opposite order will be opened - orders locking will occure. Not a single order will be c
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Trendline PRO MT4 Trendline PRO MT4 is a semi-automated Expert Advisor for MetaTrader 4 that executes trades, manages orders, or sends alerts from trendlines and chart levels created by the user. The Expert Advisor does not generate trading signals and does not include a built-in trading strategy. All entries, exits, risk settings, and management rules are defined by the user on the chart. The product is designed for traders who already use trendlines, breakout levels, support and resistance, ch
Close by percentage MT4
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Hello friends. I wrote this utility specifically for use in my profile with a large number of Expert Advisors and sets ("Joint_profiles_from_grid_sets" https://www.mql5.com/en/blogs/post/747929 ). Now, in order to limit losses on the account, there is no need to change the "Close_positions_at_percentage_of_loss" parameter on each chart. Just open one additional chart, attach this utility and set the desired percentage for closing all trades on the account. The utility has the following function
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Haikal Bin Mohd Hanafiah
408
Haikal Bin Mohd Hanafiah 2023.09.22 09:07 

Great UI

Patrick Jeannot
1566
Patrick Jeannot 2021.04.13 12:56 

Awesome EA

moke357
84
moke357 2021.02.23 14:37 

Spread filter is not equipped. Therefore, if the spread widens, it will result in a negative settlement. For purchases, payment will be made when the ASK rate reaches the TAKE PROFIT line. (Not BID rate)

Care should be taken to turn off the EA when announcing important indicators.

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