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BF Grid Master EA

Please, check my other products in MQL5 Market:

WARNING: BF Grid Master EA is a grid based trading strategy. You should not use it, if you are not aware of the risks associated with this type of trading. Do not risk money you cannot afford to lose!

BF Grid Master EA is an efficient trading strategy developed especially for GBPUSD. However, if it is used wisely it can be adapted and applied for almost any trading instrument.

The grid based trading techniques are a very controversial topic in the trader’s community. The reason for this is the following - used properly with proper risk and settings, they can generate consistent gains relatively safe with performance incomparable with any other trading strategy. On the other hand in certain circumstances they fail dramatically. The key elements for the success of any grid based trading are the applied risk and the right entry and exit trading logic.

BF Grid Master EA is designed to pick up the right moment for the initial market entry and for the following additional grid based recovery trades. The second safety line of additional trades is a unique feature, which is not present in any other grid EA on the market. This feature allows a safe “high frequency” scalping, when the price is in a narrow range and as well a second line of distant drawdown compensating trades in case the market price breaks in the wrong direction. The second line of drawdown compensating trades is initiated only in extremely stretched in the “wrong” direction market, only after a very strong market reversal pattern is detected.

Please, backtest on GBPUSD after 2009, using the “M1 open price only” method, with start balance at least $3000!


BF Grid Master EA features

  • overbought-oversold trend filter
  • additional time filter
  • long only and short only option
  • add on reverse option
  • second line of recovery option


Important notes

  • The minimum starting capital is $1000
  • The advised starting capital is $3000
  • For accounts from significant importance, AutoMM greater than 0.1 is not recommended. This is the equivalent of 0.01 lots initial trade on $10k account equity. In this case, the annual ROI (Return of Investment) can be expected in the 15-30% range
  • The default settings are only for GBPUSD
  • M15 timeframe
  • The default settings can be classified as reasonably aggressive. Please, perform your own backtests and examine the way the EA works! If these settings are too aggressive for you, then you can try the conservative settings from here


Settings

  • M1_Execution - enable/disable the execution of the trading logic on M1 bar open
  • BetterPricePips – min allowed distance between any of the additional trades and the previews trade in pips
  • MaxNegAdds - max allowed number of the first line additional trades
  • AddOnReverse - activates a mode, in which additional trades are allowed only after a reversal bar is detected
  • ReverseBarTF - timeframe of the reversal bar for the AddOnReverse feature
  • ForceProfit - market exit profit in pips
  • ForceLoss - market exit loss in pips
  • FixedTakeProfit - fixed take profit in pips
  • FixedStopLoss - fixed stop loss in pips
  • OscPer - oscillator period on M15
  • OscLev - entry overbought and oversold level on M15
  • OscPerHiTF - oscillator period on H1 and H4
  • OscLevHiTF - entry overbought and oversold level on H1 and H4
  • TrendFilterON - enable/disable MA based trend filtration
  • MA1_Per – period of the first moving average
  • MA2_Per – period of the second moving average
  • Trade_StartHour - start trading hour
  • Trade_EndHour - end trading hour
  • K_Mart - lot size multiplier for the first line additional trades
  • RecoveryProfit – exit profit in pips in case a recovery trade is opened
  • RecoveryAfter – min distance in pips between the first recovery trade and the previews additional trade
  • RecoveryTrades – max allowed number of recovery trades
  • RecoveryTradesDistance – min distance in pips between recovery trades
  • RecoveryRiskMultiplier - lot size multiplier for recovery trades

For more info and complete list of settings, visit the blog!

If you like my product, please write a review! I will be very grateful!

If you want to be notified of my new products, please add me as a friend!


MANUEL CABEZA
60
MANUEL CABEZA 2018.12.04 13:09 
 

llevo utilizando Grid Master desde 3 meses. Beneficios constantes, riesgo 1% con 2.000 € en cta real. Solo estar atento a las noticias y si el EA se descontrola. Para eso estan los traders, saber cortar cuando la tendencia va claramente en contra. Hasta ahora ningun susto ni contratiempo. Felicidades para Lachezar que ha echo un buen trabajo. De paso recomiendo el Smart Scalper PRO que funciona muy bien. Animo Lachezar y sigue con tu buen trabajo. :-)))

Mohammad Oladi
1989
Mohammad Oladi 2018.12.01 14:12 
 

Thanks for this EA

I would like test it now and make a review later...

Mehdi Faraz Fard
593
Mehdi Faraz Fard 2018.11.21 14:44 
 

El usuario no ha dejado ningún comentario para su valoración

Gilmar Dela Justina
411
Gilmar Dela Justina 2018.11.12 22:04 
 

USD-JPY H1 é muito bom, porem não consigo usar na conta real, apenas do backtest, como coloco h1?

sunnychow
3073
sunnychow 2018.11.09 17:53 
 

Good EA,

Giordan Costa
374
Giordan Costa 2018.11.04 15:17 
 

Work well if you know what you do i try it too eurusd and usdjpy with good result on demo for now,default setting is for gpbusd that i use on real account.

Jonathan Moss
224
Jonathan Moss 2018.10.19 10:57 
 

This is a great EA. Works well and makes consistent profit. Grid trading is safe if you know what you are doing, and this ea does.

Warren Li
109
Warren Li 2018.10.13 17:57 
 

Very nice EA, works much better than others! Hope there can be more features added

Francisco Jose Verdu Alemany
93
Francisco Jose Verdu Alemany 2018.09.27 06:31 
 

Muy buen EA. Se necesita paciencia

philippe germain
757
philippe germain 2018.09.24 17:07 
 

Dangerous because it's a grid!

halvarado89
30
halvarado89 2018.09.20 01:45 
 

Great EA!

Tran Nam
77
Tran Nam 2018.09.19 04:05 
 

ea works very well

James Edward
119
James Edward 2018.09.13 09:34 
 

Definitely, one of the best free forex robots. Using such great EA for free is great chance. I will definitely recommend it to my friends. The same grid systems can cost an arm and leg... Thank you soooo much!!!

dimitror
540
dimitror 2018.08.20 22:55 
 

Excellent grind EA.Thank you.

Walter Leidenfrost
25
Walter Leidenfrost 2018.08.08 18:52   

Can anyone explain why the min starting cap. is 1000$ ?

for 0.01 start lot it seems safe for lower start caps also.

however it works in demo acc. for lower startcap.

Should entries be only from 5pm to 10am (night?) per default ?

It isn't in simulation mode.

Nikolay Shabanov
184
Nikolay Shabanov 2018.08.03 22:10 
 

Хорошая сова, чувствуется грамотный подход.

Dr Waleed Mahdy
1873
Dr Waleed Mahdy 2018.07.28 21:14 
 

Excellent work

cosmos
32
cosmos 2018.07.12 23:45 
 

So far, it works well. I am very pleased with the performance one week in and with the back testing as well.

pauloescalad
38
pauloescalad 2018.07.12 10:27 
 

Best free grid

Rome
33
Rome 2018.07.04 10:43 
 

I started using this EA yesterday on both GBPUSD and USDJPY charts and following day I reaped some good profits. Excellent work from the creator. Love it!!!

Alik
180
Alik 2018.07.02 20:55 
 

хорош

danichirri66
356
danichirri66 2018.07.02 19:42 
 

lo mejor que he visto en GRID ,cuidado con el riesgo pero se ve fenomenal ,como todas las de Lachezar ,la pondré en mi cuenta centavo junto BF Smart Scalper.

hay set para mas pares????

Versión 1.2 2018.11.02
Minor bug is fixed in this new version 1.2 of BF Grid Master EA.
Versión 1.1 2018.07.23
Only a small bug related to Lots calculation was fixed in this version 1.1 of BF Grid Master EA.