• Overview
  • Reviews (5)
  • Comments (61)
  • What's new

PZ Grid Trading Lite

Grid trading is a highly efficient and mechanical trading strategy which has no reliance on direction, profits from volatility and uses the intrinsic wavy nature of the market.

  • Easy to set up and supervise
  • No indicators or hard analysis needed
  • Grid trading is time-frame independent
  • Requires little forecasting of the market
  • Extracts money out of the market regularly

PZ Grid Trading Lite EA implements basic features:

  • Grids can be closed at the trader's discretion
  • It doesn't trade open ended grids, exposure is limited
  • The EA can manage buy and sell grids simultaneously
  • No pending orders are placed: only market orders
  • The grid is liquidated completely when it goes off-range

There are other versions of the Grid Trading EA you might want to consider.

Feature Lite Version Standard Version
Maximum trades in the grid 20 Unlimited
Maximum lot size per trade 0.10 Unlimited
Total risk displayed on the chart Yes Yes
Take Profit for the grid (bidirectional or single directional) No Yes
The grid can be paused or averaged down No Yes
Different grid behaviors (Classic, Dynamic, Strict) No Yes
Customizable phase of the grid (cash-in multiplier) No Yes
Auto-calculation of grid spacing from desired range and risk No Yes
Maximum trades per day feature, for safety No Yes
Manual override of the current grid lot size No Yes
Price and download link 10$ 299$


Grid trading is a powerful tool, but...

  • It can appear complex and illogical initially
  • Like most powerful tools, it is also dangerous
  • Poorly managed grids can cause big drawdowns
  • It requires more patience than regular trading
  • It may require traders to make a paradigm shift


What is grid trading?

Grid trading has become very popular amongst traders because it does not use stops, is highly mechanical, has no reliance on direction, uses the intrinsic wavy nature of the market, does not require indicators or charts to trade and can be easily automated. Grid trading refers to the trading approach which uses fixed price levels to enter and exit trades. A grid is nothing more than a single deal or position segmented into several trades, which are cashed-out independently from each other at regular intervals.


Download the user guide

To learn how to trade grids and use this EA, kindly download the user guide.


Input Parameters

For a full description of each input parameter, please read the user guide.


Author

Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

Istvan Hideg
320
2015.04.20 21:58 
 

Works great, just as described. Before start trading with this EA man should be aware of daily trend to set the proper direction.

Thanks Arturo !

Mujeeb Abdul
1112
2015.04.09 22:46 
 

Great EA better to buy one which take care of buy and sell direction no need to manually change the setting

seyedmajid masharian
799
2015.03.18 09:21   

if trend changes or you can not find trend direction it will blown your ccount

Shimon Friedman
200
2015.01.26 12:49   

it works great. just need to chose the trend of the market. recently, if set "short only" would be profitable on eur, aud, nzd.

Stuart Browne
5532
2015.01.17 03:24 
 

Great work as usual from Arturo/PZ and you certainly can't complain about the price! Great introduction for people new to Grids.

Version 6.0 - 2016.11.10
- Bug fix regarding the initial trade (duplicated some times)
Version 5.2 - 2016.09.14
- EA made bidirectional
- The grid is closed when it goes off-range
- Added chart interface with stats about each grid
- Added chart buttons to close the grids
Version 2.0 - 2015.07.22
- Important bug fixed. Please update.
Version 1.4 - 2015.01.30
- Usage and inputs simplified.
Version 1.3 - 2015.01.23
- Improved inputs for trading direction
Version 1.2 - 2015.01.19
- Updated lotsize to a combobox
Version 1.1 - 2015.01.16
- Updated inputs to comboboxes
- Updated diagnostic information