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ofsahk  

You are an intelligent coder who understands trading.

The major problem for grid trading (not martingale traders) is that you can't find brokers who offer fixed price commissions. All of them use spreads to charge commission. So unless you use big range trades, you really can't use the grids for scalping. MT5 futures (not CFD) brokers can easily be used for scalping using grid. 

I coach retirees free of cost and they have participated in a demo-testing 15-months period using Manual trade planning and mql4 EA. 

Regular income of 2% can be made daily basis from non-directional trading of grids (scalping) if futures are used.

As their coach I could not find a simple MT5 EA, so I used Interactive Brokers ScaleTrader which has grid algo as an execution tool. 

I can confirm from my own real trading experience that indeed 5% to 8% weekly income can be generated by manually locating Sideways zones and using ScaleTrader for the execution of trades faster.

It also generates buy or sell limit order (any one) trades activated by time. I have set up 10 grids with different start and end prices covering a maximum range of 200 pips for indice futures. It covers both buys and sells so there is no need to trade both buy and sell at a time. You can buy from one location and sell from another location. 

richieblake9  

when i am applying the ea on any chart the info displayed is "The trading Terminal of Experts do not run" and also "Turn on Ea Please"

But Autotrading is ON also there is a smiley face on EA and settings are also correct.....

Nikolaos Pantzos  
richieblake9 #:

when i am applying the ea on any chart the info displayed is "The trading Terminal of Experts do not run" and also "Turn on Ea Please"

But Autotrading is ON also there is a smiley face on EA and settings are also correct.....

Connect on your account with trade password, not investoer!

richieblake9  
Nikolaos Pantzos #:

Connect on your account with trade password, not investoer!

I am connected on Mt4 with Pwd not with investor.. And Today its not showing those error msgs. But still No trades. i have put ea on 3 4 charts

Files:
ea1.png  14 kb
Zeiad Elezaby  

This is a very outstanding ea if u know how to deal with it thanks for u...

i have a small problem i observed the parameter "pips close in profit" seems no to be working i tried to change it multiple times but every time the grid close in profit exactly in the same price

Bleggi  

Buongiorno, chiedevo gentilmente se è normale che per le posizioni in SELL non funziona lo Stop loss."close in loss parameter" in "close_all_order".

Grazie attendo risposta.

Nikolaos Pantzos  
bleggi #:

Buongiorno, chiedevo gentilmente se è normale che per le posizioni in SELL non funziona lo Stop loss."close in loss parameter" in "close_all_order".

Grazie attendo risposta.

Hello,

there are two options to close in loss.

Close_First_Order = Expert close only first orders (buy or sell) and wait until it touches the loss level again to close the first position (of remained orders) again.

Close_All_Orders = Expert close all orders (buy and sell) if losses touches the loss level.

Bleggi  

Buongiorno, chiedevo gentilmente come interpretare  la voce -Min second order-.

Grazie

Nikolaos Pantzos  
bleggi #:

Buongiorno, chiedevo gentilmente come interpretare  la voce -Min second order-.

Grazie

'time in seconds between last and next order.

Bleggi  

Chiedo scusa se insisto ma le posizioni in sell non chiudono in Stoploss con-close_all_oder- sia in Demo che ,sia con testr.

E' possibile correggere?  Grazie molto gentile.

Bleggi  

Buongiorno ,chiedo gentilmente perchè lo stop loss nelle posizioni Sell non funziona. le posizioni sell rimangono in carico per sempre asciugando il conto.

Grazie attendo risposta.

Nikolaos Pantzos  
bleggi #:

Buongiorno ,chiedo gentilmente perchè lo stop loss nelle posizioni Sell non funziona. le posizioni sell rimangono in carico per sempre asciugando il conto.

Grazie attendo risposta.

Hello,

you're right.

I found an error in the code.  I fixed it.

Please download version 1.5

Bleggi  
Grazie mille, ora il programma funziona perfettamente congratulazioni e grazie per la risposta .
Vita  

Hello

Is timeframe of this EA M1?

Nikolaos Pantzos  
Vita #:

Hello

Is timeframe of this EA M1?

Hello,

it's a tool to make your strategy. Make your choise of all parameters, pair, timeframe....

Nikolaos Pantzos  
samorai #:

hi

i dont know what is wrong but gbpusd m1 last month


Hello,

please read only the first line of overview ' It is a system with many options to help each user find their own settings.'

norman74  
Does EA only run for 2 weeks ?
pvtfrag13  
Bonjour peut on mettre un maximum de cycle de trade ?
Nikolaos Pantzos  
pvtfrag13 #:
Bonjour peut on mettre un maximum de cycle de trade ?

There is a parameter for this, called 'Max Opened Orders (0=No Limit)'

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12