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Elastic Grid MT5

75 USD

Demo downloaded: 431

Published: 16 February 2022

Current version: 3.1

Elastic Grid MT5

Experts
Aliaksandr Charkes
Version: 3.1
Updated: 2 February 2024
Activations: 10

Elastic Grid MT5 is a multifunctional grid Expert Advisor designed to fully or partially automate various ideas related to grid trading (on a hedging account). The Expert Advisor can trade on any timeframe, on any currency pair, on several currency pairs, on any number of signs. It does not interfere with manual trading, trading of other Expert Advisors, or the operation of any indicators.

It allows you to adjust your settings on the fly, works only with your own positions and orders, and for some situations it can be configured to control any other positions and orders. It has a powerful information system with which a trader can control not only his actions, but also the overall trading situation for the entire account.

Elastic Grid MT5 supports several different types of trading
Below is a list of links to basic descriptions of the main features:

1. Reopening of closed Grid positions... >>

2. Trading with a Time Tracking... >>

3. Trading with Profit and Loss Tracking... >>

Any of these types of trading can be run both separately and simultaneously with each other.

Additional Information:

The Expert Advisor can be run simultaneously on any currency pairs or even on the same one with different settings. Each of its orders and positions are marked with an individual comment in which there is both the price of his opening and the name of its instrument. At the same time, you can add a trader's personal mark to the comment.

The advisor is not afraid of any interruptions in work. With each new launch and unchanged settings, it picks up all of its orders and gives a report on what happened to them during its inactivity.

The informational (and some trading) capabilities of the EA can be used in normal manual trading. At the same time, most of the information panels, buttons and notifications can be freely moved around the chart, some of them can be minimized and scaled, and for some they can be changed colors.

Answers to the most popular questions... >>

Detailed description of the settings... >>

p.s. Additional video here... >>

more...

Otto Brehme 2023.02.27 14:35 #

Its a "Must Have" tool for Grid Traders ! Complete in every aspect with efficient support from Developer

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medwards4421 2022.08.02 09:50 #

Excellent EA so far. No bugs or issues. Successful outcome very much depends on the user and settings but I am hoping the fellow users and the author may share some tips and experience learnt so far before i bought the product

Mohan 2022.07.06 01:32 #

A good Double grid EA and got a quick response from the developer.thanks

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Filter:

Otto Brehme 2023.02.27 14:35 #

Its a "Must Have" tool for Grid Traders ! Complete in every aspect with efficient support from Developer

2021127 2022.08.23 09:21 #

Hello friend , Coud you please tell me How to use trail stoploss in Elastic Grid. I am using Exness Broker: There have 3 Digits in SYMBOL : XAUUSD Eaxmple: 1800.500 I want to use trail stoploss... Please guide me its urgent

13147

Reply from developer Aliaksandr Charkes 2022.08.23 09:53 #

Here is a place for product reviews, post your question in the comments. Trailing in the settings of Elastic Grid works with the profit value, not the price. Trailing for each individual order only works until the timeframe is switched.

799

medwards4421 2022.08.02 09:50 #

Mohan 2022.07.06 01:32 #

A good Double grid EA and got a quick response from the developer.thanks

Version 3.1 2024.02.02

Improved grid levels control system
The update is only valid for new grids!

Version 3.0 2023.05.29

Two new settings have been added that allow you to automatically shift the initial prices from the market prices by the specified distance.

The value is expressed in points. You can set both positive and negative values. This can be useful, for example, when trading on the news or in any other situations.

Version 2.9 2023.04.26

Fixed some bugs related to grid rebuilding (pending orders that became out-of-grid were not deleted).

p.s. Please feel free to let me know about potential bugs (if you think something is not working correctly). These things can unfortunately happen during code optimisation or when adding new functionality.

Version 2.8 2023.04.03

The system of controlling Take-Profit and Stop-Loss for active pending orders and market positions has been improved.
Added separate settings allowing to disable this control, which gives additional tactical possibilities:

-- you can manually drag and drop Take-Profits and Stop-Losses for already placed orders and positions

- you can set a trailing stop for a selected order or position

The modified values will be saved while the order or position remains active.
New orders are placed according to the specified settings.

Version 2.7 2023.03.07

Implemented the ability to instantly change the lot size for each grid pending order
(by automatically replacing them with new ones with new settings)

Version 2.6 2023.02.10

Optimization

Version 2.5 2023.01.23

Improved trailing-stop calculation logic for trading mode with profit limit
+ added one more type of trailing-stop (based on net profit)

Version 2.4 2023.01.20

Correction of some calculations for the trading mode with a profit limit

Version 2.3 2023.01.09

Added the ability to disable stop-loss control so that you can use a trailing-stop for each individual order or position.

Version 2.2 2023.01.08

Optimization

Version 2.1 2023.01.08

Significantly increased the speed of the EA in the strategy tester

Version 2.0 2022.12.01

Optimization

Version 1.9 2022.10.28

Optimization

Version 1.8 2022.08.18

Improvement of the order renewal mechanism for some selected situations

Version 1.7 2022.08.10

Minor improvements for Limiting Trading By PROFIT

Version 1.6 2022.07.15

Improving the settlement mechanism for limit trading

Version 1.4 2022.06.19

Optimization