Grid Machine MT5
- Experts
- Ivan Grachev
- Version: 1.3
- Updated: 29 November 2020
EA finds the largest volume in the market and determines the level for entry. After crossing the level towards the breakdown, a market order is opened.The EA builds a two-sided grid of orders, adapting to the market. Each direction of orders works separately and has its own take-profit. Thus, the adviser covers the whole trend, starting from its start, while the adviser perfectly passes the flat market condition, trading both directions.
Please see all my products: https://www.mql5.com/en/users/en_coding/seller
Advisor Advantages:
- high profitability due to constant presence in the market;
- algorithm for finding the maximum volume in a market area, giving grounds for entering in a certain direction;
- minimum number of settings and flexible distributed volume system;
- maximum quality optimization and ready-made sets for trading.
Trading recommendations:
- Minimum deposit: 1000 deposit units per 0.01 volume. Based on testing and optimization of a particular set, the minimum deposit may be lower;
- Currency pair: any, according to the loaded set;
- Traded timeframe: H1;
- Type of account: any.
By default, the adviser has settings for the EURUSD currency pair. TF - H1.
Main parameters:
| SetsEA | - | the name of the set |
| Lot | - | initial volume of orders |
| mLot | - | multiplication of the previous volume of an open or pending order |
| MaxLot | - | maximum volume of next order |
| TakeProfit | - | take profit of the entire grid in the direction |
| Delta | - | minimum delta between orders in each direction |
| MaxOrders | - | maximum number of orders for each BUY/SELL direction |
| ModeDD | - | selection of the close option by the maximum drawdown, can be disabled |
| MaxDD | - | maximum drawdown in the deposit currency, after reaching which the orders are closed |
| MagicNumber | - | unique number of opened orders |
| Comm | - | comments on orders |
| GridPanel | - | advisor visual panel |
All parameters in points are indicated in a 4-digit format, with a 5-character translation is carried out automatically.
Important: when calculating your risks when installing on a real account, be sure to pay attention to the maximum drawdown and initial deposit in these tests.
After two months of testing on demo account, the result looks promising.