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Grid Manual MT5

4.75

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 and demo version here.

Reviews 4
Efrain Romero
501
Efrain Romero 2022.08.21 02:50 
 

Excellent tool for semi-automatic strategies! Amazing job

trajche.shoposki
99
trajche.shoposki 2022.03.27 15:39 
 

This tool is exactly what I was looking for. Great job, thank you.

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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Jesús González
89
Jesús González 2022.11.03 14:37 
 

Hello, I have bought Grid Manual MT5, I want to comment that already the first day I had recovered the investment, I have been happy with this. I want to congratulate the author for the instruction manual, it is very well prepared and perfectly explains the operation of the EA, it is one of the best I have seen so far.

However, in the evaluation of the product I have given it 3.5 stars, due to some not so good aspects that I have discovered with the EA in real account, this EA needs to improve the performance of the operations and to correct some strange bugs:

1.- The EA has a performance problem if you work in MT5 on a MAC pc, and if you use it in MT5 on windows, it works a little better, but it is still slow. This affects operations that need to be done quickly such as opening a new BUY / SELL after having reached the TP in a previous operation, the EA takes a long time to close the "Limit" or "Stop" operations that have been left open and in clearing the lines of the grid that are shown on the screen, during this time it is not possible to carry out a new BUY or SELL and the opportunity to open a new operation in the same direction of the market is lost. It also affects the time it takes to open a new "Limit" or "Stop" trade when the candle reaches one of the GRID levels, if the candle goes relatively fast it can go above the next level and the EA has not yet cast the "Limit or Stop" Order from there the problems begin, since it is left trying to place the order at the price that corresponds to it and cannot do so since the price has already been exceeded. The part that I have seen the most performance problems is when you want to redistribute the Grid levels to a new position and redistribute them properly, it takes a long time to do this and save each change (in point 3 I include some suggestions).

2.- Another aspect that worried me a lot is that the "Stop Lost" sometimes moves from its initial position (which must go to the end of the last level of the GRID) and is positioned several previous levels, this has made me lose some operations by closing them before reaching the last level of the GRID and I did not like it very much, it seems that at some point in EA I recalculate the positions of the GRID and there must be some Bugs when performing the calculation, many times I have been able to move the Stop Lost manually so that It does not affect, but, another time I have left the EA unattended and it has caused me unnecessary losses. Attached Images that I have captured when the "Stop Lost" repositioning Bugs occurs.

3.- I miss a third option of the "Step Type" parameter (now it only allows Fixed or ATR) and I think that developing this option would not cost much, this option could be called "Incremental Factor" or "% Factor", where it is indicated the initial distance of the Grid (like now) and an additional parameter or incremental factor like: 1.2 or 1.5 etc. (I add an example image of how it would work). the first level of the Grid would be at the initial distance indicated (as when the fixed option is used) and from there the following levels are increased by the %Factor indicated, if the fixed distance indicated is 300 (points) and the incremental factor is 1.2 (ie) the first level of the Grid would be at a distance of 300, the second at 360 points from the first, the third at 432 points from the second and so on.

Thank you for your Job.

Alfiya Fazylova
16264
Reply from developer Alfiya Fazylova 2022.11.04 11:35
Efrain Romero
501
Efrain Romero 2022.08.21 02:50 
 

Excellent tool for semi-automatic strategies! Amazing job

trajche.shoposki
99
trajche.shoposki 2022.03.27 15:39 
 

This tool is exactly what I was looking for. Great job, thank you.

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?

Alfiya Fazylova
16264
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 2.70 2022.03.26
Improved stability of work with the order grid.
Version 2.60 2022.03.16
Improved stability of work with the order grid.
Version 2.53 2022.02.26
Added check for account type.
Version 2.52 2022.01.14
Code optimization for terminal build 3144 January 10, 2022
Version 2.51 2021.12.26
Added the ability to enlarge the panel.
Added a function to close orders when a specified profit and loss is reached.
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.