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GridEX Lite

Grid EX is an Expert Advisor developed for MT4 base on grid,It will also open two-way trading, which is suitable for volatile non-delivery currency pairs.

Features:

  • Easy to set up;
  • Suitable for any timeframe;
  • Use average price to calculate take profit and trail stop;
  • Dynamic grid (the larger the level, the larger the grid);
  • Balance management (maximum level and maximum lot can be set).

The trading model of Grid EX:

When the price rises, open an bid order of larger lots at higher price to pull the average price higher, and when the rise is weak and starts to fall, you can quickly return to profit and profit;

And when the price falls, it's the same situation.

Grid EX is suitable for volatile non-delivery currency pairs.


Paramters : 

  • order type :

buy and sell: two-way orders;

buy only: buy orders only;

sell only: sell orders only.

  • max level of order : Limit the maximum number of orders in a certain direction, 0 is unlimited.
  • max lots of order : maximum lots of order in a certain direction, 0 is unlimited.
  • calculate trend time frame : calculate trend time frame.
  • calculate trend period for ADX : the period of ADX Indicator.
  • calculate trend divisor : the divisor for calculate trend.
  • open long orders with MA signal after level : open long orders with MA signal after specified level.
  • fast line of MA signal for open orders : fast line of MA signal for open orders.
  • slow line of MA signal for open orders : slow line of MA signal for open orders.
  • lots increase type :

no increase : order lots never increased, like: (0.01, 0.01, 0.01, 0.01, ...);

fix increase : the number of lots per level is base lots * level, like (0.01, 0.02, 0.03, 0.04, ...);

fibo increase : the number of lots per level is the value in the Fibonacci sequence, like (0.01, 0.02, 0.03, 0.05, 0.08, ...);

power increase : the number of lots per level is the power of 2,line(0.01, 0.02, 0.04, 0.08, 0.16, ...).

  • base lots : minimum of lots。
  • scale grid by trend : scale grid by trend.
  • grid step increase type : 

no increase : fixed grid step, like (100, 100, 100, ...);

fix increase : the grid step per level is mim grid * level, like (100, 200, 300, 400, ...);

fibo increase : the grid step per level is the value in the Fibonacci sequence, like (100, 200, 300, 500, 800, ...);

power increase : the grid step per level is the power of 2, like (100, 200, 400, 800, 1600, ...).

  • Minimum grid size :minimum grid size.
  • use dynamic takeprofit by trend : use dynamic takeprofit by trend.
  • Minimum take profit :minimum take profit.
  • use dynamic trailing stop by trend : use dynamic trailing stop by trend.
  • trailing stop : trailing stop points.
  • enalbe trend orders after level : enalbe trend orders after specified level.
  • trend orders factor : trend orders factor.

  • magic number : the same MAGIC Number can be set for different pairs.
  • slippage : the slippage。
  • show account info : Whether to display account information, including information such as the number of buy and sell order lots. 
  • show average price line : show the average open orders price line.
  • font : Font for displaying account information.
  • font size : font size.
  • stop trading at : The time input format is (hh:mm:ss), such as 03:00:00, that is, stopped trading after 3 o'clock.
  • start trading at : The time input format is (hh:mm:ss), such as 03:00:00, that is, begin trading after 3 o'clock.


Please notice when you are using Grid EX:

  • This trading system does not guarantee profitability forever;
  • Please test EA on a demo account for at least one month before using it for real trading;
  • It is recommended to use VPS service to improve test quality;
  • Don't give yourself too much risk;
  • Different brokers may need to use different settings, tested in the strategy tester;
  • The test effect of the strategy tester is not equal to the effect of the real;
  • As much as possible to watch the operation of the trading program, to ensure that it does not bring too much risk to yourself, please adjust the settings when necessary。


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    Version 1.1 2020.06.26
    More dynamic settings for EA.