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PZ Grid Trading EA

Grid trading is an efficient mechanical trading strategy which has no reliance on direction, profits from volatility and uses the intrinsic wavy nature of the market. Grid trading refers to the trading approach which uses fixed price levels to enter and exit trades in one or both directions. Such trades, generally spaced at 20-200 pip intervals, create a trading grid. Grid trading has several advantages.

  • Easy to set up and supervise
  • No indicators or hard analysis needed
  • Grid trading is time-frame independent
  • Requires little forecasting of the market
  • Extracts money out of the market regularly

PZ Grid Trading EA has a set of unique features:

  • You decide which direction to trade: long, short or both
  • The EA can manage buy and sell grids simultaneously
  • Grids can be optionally resetted at certain profit levels
  • Grids can be closed or paused at the trader's discretion
  • It doesn't trade open ended grids, exposure is limited
  • The grid configuration can be changed on the fly
  • No pending orders are placed: only market orders
  • Risk and exposure are pre-calculated and displayed
  • Grids can operate using different behaviors
  • It works for forex, CFDs and futures


Grid trading is a powerful tool, but...

  • It can appear complex and illogical initially
  • Like most powerful tools, it is also dangerous
  • Poorly managed grids can cause big drawdowns
  • It requires more patience than regular trading
  • It may require traders to make a paradigm shift


What is grid trading?

Grid trading has become very popular amongst traders because it does not use stops, is highly mechanical, has no reliance on direction, uses the intrinsic wavy nature of the market, does not require indicators or charts to trade and can be easily automated. Grid trading refers to the trading approach which uses fixed price levels to enter and exit trades. A grid is nothing more than a single deal or position segmented into several trades, which are cashed-out independently from each other at regular intervals.


Download the user guide

To learn how to trade grids and use this EA, kindly download the user guide.


Input Parameters

For a full description of each input parameter, please read the user guide.


Author

Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

bela varga
23
2014.11.13 20:42 
 

I bought the Grid Traing EA and my first impressions are great because:

- backtestst are performed fast and stable. this is the fastet Grid EA i have tried so far!

- the provided settings by Mr. Lopez were tested in demo and are a useful orientation to build your own one

- if you know what you do, this grid EA works as designed without exeptions!

The support provided by Mr. Lopez is quite exceptional. The replies are always fast and helpful and after a purchase you are not left alone.

Version 13.0 - 2016.11.24
- Bug fix regarding duplicated starting orders
Version 12.0 - 2016.11.04
- Important bug fix regarding anchors and limits
Version 10.2 - 2016.09.14
- Added ability to trade a grid from a range, with auto-calculated spacing
- Added different grid behaviors (Averaging, Classic, Dynamic, Paused, Strict)
- Added phase, a cash-in multiplier for the grid
- Added a combined profit target for bidirectional grids
- Added chart interface with stats about each grid
- Added chart buttons to close the grids
Version 5.0 - 2016.07.05
- Improved inputs
Version 4.0 - 2016.06.24
- Improved risk calculations and display
- Added risk safety checks before trading
Version 2.5 - 2016.01.05
- Added risk calcuation
The EA pre-calculates and displays the equity risk of the selected grid range. This value can be used by a trader to evaluate the impact of the grid settings and change it before starting the grid.
Version 2.0 - 2015.08.04
- Important bug fixes
- Simplification of inputs
Version 1.2 - 2015.01.19
- Major improvements in inputs
- Average deal price displayed
- Next order level displayed
Version 1.1 - 2014.08.11
- Changed the value of 1PIP for 3-digit instruments