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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 and demo version here.

Reviews 2
trajche.shoposki
109
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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trajche.shoposki
109
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
14773
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.