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Grid Manual MT5

5

Grid Manual is a trading panel for working with grid strategies. The utility is universal, has flexible settings and an intuitive interface. It works with a grid of orders not only in the direction of averaging losses, but also in the direction of increasing profits. The trader does not need to create and maintain a grid of orders, the utility will do it. It is enough to open an order and the "Grid manual" will automatically create a grid of orders for it and will accompany it until the close.

The main features and capabilities of the utility:

  • Accompanies orders opened in any way, including from a mobile terminal.
  • Works with two types of grids: limit and stop.
  • Works with two methods for calculating the grid spacing: fixed and dynamic (based on the ATR indicator).
  • Allows you to change the settings of the open grid, including changing the lot of each level and its location (the level can be rearranged only in the fixed step mode).
  • Displays the breakeven level of each grid on the chart.
  • Shows the profit margin for each grid.
  • Allows you to close profitable grid orders with one click.
  • Allows you to close each grid of orders with one click.
  • Has a trailing stop function.
  • Has the function of transferring the stop loss of the order grid to breakeven.
  • Automatically rearranges take profit relative to the breakeven level of the order grid (only in the limit grid mode, the distance depends on the selected type of calculation: Conservative or Aggressive).
  • Saves the settings; after restarting the terminal, restores them.
  • Maintains up to 20 grids with up to 100 orders.

Before trading on a real account, familiarize yourself with the product in the strategy tester. When calculating the initial lot, consider the size of the deposit, do not overload the deposit with large lots.

Full instructions here.

Reviews 1
coronablobwork
81
coronablobwork 2021.08.02 06:34 
 

Hey just one thing, when i create a grid the second pending order jump to the next level and when the second level will get reached it jump again to the third level why?

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We are a group of supply and demand traders. We decided to offer our tool SupplyDemandManager for sale because we got several requests. Supply and Demand is a great system to trade Forex, CFDs or any other instruments with low risk. Search on Google to learn and practice the trading system. Supply and demand trading in one sentence Big institutions leave footprints in price. We find demand (buy) and supply (sell) zones on the chart. We do this in either Weekly-Monthly-Daily chart sequence or M
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The product combines a manual trade panel with the ability to perform actions automatically in a highly configurable way. Actions include capturing indicator values and then based on those values raising alerts, open/close or partially close trades, scale-in, setting up pending orders, adjusting stop loss, take profit and more. On-chart controls can be configured, such as tick boxes and buttons, so can be fully interactive. The EA also handles money management, news events, hidden stop loss, tak
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coronablobwork
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coronablobwork 2021.08.02 06:34 
 

Hey just one thing, when i create a grid the second pending order jump to the next level and when the second level will get reached it jump again to the third level why?

Alfiya Fazylova
10873
Reply from developer Alfiya Fazylova 2021.08.02 06:51
Thank you for your feedback! the answer to your question is in the comments https://www.mql5.com/ru/market/product/69021#!tab=comments&page=1&comment=23772971
Reply to review
Version 2.5 2021.10.06
Fixed a bug that occurred when setting take profit.
Version 2.4 2021.10.06
- Added TP type = Off parameter, in which the utility will not control take profit orders.
- Added a label with a line for rearranging the take profit of all orders to a user-selected level. This function only works when TP type = Off.
Version 2.3 2021.09.19
The function of moving the panel on the chart using the mouse has been improved.
Version 2.2 2021.09.09
Optimization of the code.