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  • Reviews (12)
  • Comments (97)
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Grid Manual MT5

4.83

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.

#Tags: Trading panel, Trade manager, Trading assistant, Order grid, Order grid management, Grid trading, Position averaging, Risk management, Order management, Trailing stop, Breakeven, Partial close, Manual trading.

Reviews 12
Enza2363
77
Enza2363 2024.02.05 08:12 
 

Great software and support, well done !!!

Benny Wong
282
Benny Wong 2023.10.17 06:34 
 

Excellent tools! I like it very much! It's been very helpful to use it to execute my strategy. Thank you for creating this tool! And I have one suggestion for your consideration for future update, add the choice to open grid with both Stop orders and Limit orders at the same time. E.g. for buy order, it will open X number of limited orders below and Y number of stop order above at the same time. The ultimate stoploss will be input point below the lowest level grid level (as current setup) and the take profit will be input point above highest grid level of the stop orders (as current setup). While all other trailing and breakeven functions remain the same. Thanks for your consideration.

DNkRockzzzzZ
326
DNkRockzzzzZ 2023.08.15 14:11 
 

It´s a good tool but I think it is time to make it a little bit nicer and user-friendly. A dashboard for example where you can see all the stats like how many active grids, a button for move stoploss to break even, showing on the dashboard if you are long or short and the possibility to move the grids on the chart and not only by entering the number into the ea. You have to put more love into the ea. A Bug is that the ea freezes sometimes when you are moving the grids manually in my case on pair XAUUSD.

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Filter:
Enza2363
77
Enza2363 2024.02.05 08:12 
 

Great software and support, well done !!!

Benny Wong
282
Benny Wong 2023.10.17 06:34 
 

Excellent tools! I like it very much! It's been very helpful to use it to execute my strategy. Thank you for creating this tool! And I have one suggestion for your consideration for future update, add the choice to open grid with both Stop orders and Limit orders at the same time. E.g. for buy order, it will open X number of limited orders below and Y number of stop order above at the same time. The ultimate stoploss will be input point below the lowest level grid level (as current setup) and the take profit will be input point above highest grid level of the stop orders (as current setup). While all other trailing and breakeven functions remain the same. Thanks for your consideration.

Alfiya Fazylova
29418
Reply from developer Alfiya Fazylova 2023.10.17 06:36
Thanks for the review, I'll think about your suggestion.
DNkRockzzzzZ
326
DNkRockzzzzZ 2023.08.15 14:11 
 

It´s a good tool but I think it is time to make it a little bit nicer and user-friendly. A dashboard for example where you can see all the stats like how many active grids, a button for move stoploss to break even, showing on the dashboard if you are long or short and the possibility to move the grids on the chart and not only by entering the number into the ea. You have to put more love into the ea. A Bug is that the ea freezes sometimes when you are moving the grids manually in my case on pair XAUUSD.

Alfiya Fazylova
29418
zbairen985
440
zbairen985 2023.05.11 17:56 
 

This program is designed very well and I really like it. I have been using it since I purchased it. Thank you very much for sharing with the author. But I have a problem, which is that the color of the hanging order line always displays pure blue. I hope the user can customize the color of this line. I really hope to add this feature in future version updates.

Diego Richardi
189
Diego Richardi 2023.05.06 15:46 
 

Good Job, help me a lot with my strategy.

Hisham Ghoneim
296
Hisham Ghoneim 2023.04.08 09:34 
 

exceed expectations, great tool, and helpful it was exactly what I search for, thank you

Dangeras Davainis
200
Dangeras Davainis 2023.03.05 13:16 
 

Excellent tool, I like it. Great prog, Thank You

DaJenks Jenks
323
DaJenks Jenks 2023.01.08 22:15 
 

Love it

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
29418
Reply from developer Alfiya Fazylova 2022.11.04 11:35
Efrain Romero
729
Efrain Romero 2022.08.21 02:50 
 

Excellent tool for semi-automatic strategies! Amazing job

trajche.shoposki
174
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
29418
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 2.76 2023.06.24
Code optimization.
Version 2.75 2023.03.09
Removed generation of erroneous alert "Failed to open...."
Version 2.74 2023.02.23
Fixed a bug in the function of setting take profit in the "Off" mode.
Version 2.73 2023.02.06
Optimization of the step calculation function using the ATR indicator.
Version 2.72 2023.01.31
Fixed a bug in the buttons to increase and decrease the value of the ATR coefficient.
Version 2.71 2023.01.31
Fixed an error that occurred when editing the parameters of an open order grid.
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.