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Flex Grid EA

5

The Flex Grid EA is a fully automated Expert Advisor that trades based on RSI. The EA trades using market orders with inivisible take profit and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD, USDJPY, EURUSD, USDCAD & GBPUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings.

Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate on Custom EA. If you wish to use this EA it will need optimising, and if you feel like sharing your settings please do so in the comments.
View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1
Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain

Features

  • Fully automated
  • Not sensitive to spread
  • Always a stop loss in place
  • Invisible take profit
  • Hedge accounts only
  • All you need is a VPS

Input Settings

Order Settings

  • MagicOrderNumber - Unique number for the EA to identify its trades. Any integer.
  • Lots - Number of lots for the first trade in a group. Values from 0.01 to 50.0.
  • Slippage - Slippage in pips. Values from 1 to 10.
  • StartLotBasedOnBalance - If enabled lots are increased based on the account balance, true/false.
  • StartLotBalance - Account balance per lot increase. Values 200 to 2000.
  • AllowNewTrades - Turn this of to disable new trade groups, true/false.
  • PositionComment - Allows you to set the position comment.
  • CloseAllButtons - If enabled displays buttons on the chart to close all buy/sell positions, true/false.

Entry Settings

  • TimeFrame - Timeframe drop-down selection to lock EA to a timeframe so that selection of the chart timeframe doesn't affect the EA. When testing ensure the tester timeframe is set to the same value.
  • MaxSpread - Maximum spread in pips that the EA will trade. Values from 1.0 to 10.0.
  • TakeProfit - The invisible take profit. Values from 2 to 20 depending on the pair being traded.
  • StopLoss - The fixed stop loss - Values 25 to 200 depending on the pair being traded.
  • RSIPeriod - The RSI period used as entry signal - Values 1 to 40.
  • MAPeriod - The RSI Average period used as entry signal - Values 1 to 200.
  • AveragingGap -  The negative move in pips against the current trade group to trigger the next averaging trade. Values 5 to 100.
  • AveragingLotMultiplier - The lot multiplier when opening a new position in the basket, setting to 1.0 disables. Values 1.0 to 2.0.
  • AveragingLotAddition - The lot addition when opening a new position in the basket, setting to 0.0 disables. Values 0.0 to 1.0.
  • TakeProfitStaging - If enabled take profit is reduced depending on the number of positions open, true/false.
  • TakeProfitStaging1PositionCnt - Number of positions before stage 1 take profit is used. Values 1 to 20.
  • TakeProfitStaging1TakeProfit - Take profit in pips for stage 1. Values 0 to 100.
  • TakeProfitStaging2PositionCnt - Number of positions before stage 2 take profit is used. Values 1 to 20.
  • TakeProfitStaging2TakeProfit - Take profit in pips for stage 2. Values 0 to 100.
  • TakeProfitStaging3PositionCnt - Number of positions before stage 3 take profit is used. Values 1 to 20.
  • TakeProfitStaging3TakeProfit - Take profit in pips for stage 3. Values 0 to 100.
  • BreakEvenExit - If enabled performs a break even after position count reaches BreakEvenExitPositionCnt, true/false.
  • BreakEvenExitPositionCnt - Number of positions before breakeven is performed. Values 1 to 20.

Optimization & Defaults

Default input values are for EURUSD M5. If optimizing, optimization of RSIPeriod, MAPeriod, TakeProfit, StopLoss and AveragingGap are needed to find the best results.

Comentarios 2
m1k3w0
19
m1k3w0 2023.06.04 12:10 
 

Very nice

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Asesores Expertos
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Asesores Expertos
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Asesores Expertos
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Asesores Expertos
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Asesores Expertos
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Asesores Expertos
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Asesores Expertos
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Asesores Expertos
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5 (6)
Asesores Expertos
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Indicadores
The Currency Strength Breakout indicator monitors eight currencies across M1, M5, M15, M30 & H1 time frames all in the same window. Trade the strongest currency against the weakest with alerts for pullbacks giving you the opertunity to enter the trend. Please note: I have made the decision to give this Indicator away and many more for free with limited support so that I can concentrate on Custom EA. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring
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The Night Lottery EA is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and uses time averaging to improve performance. This EA works best on EURUSD, AUDNZD and USDCHF using the M5 timeframe, defaults are for EURUSD. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Any questions message me - https://www.mql5.com/en/users/robots4forex View More Products - https://w
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Robots4Forex Ltd
Asesores Expertos
The Extreme Breakout EA is a fully automated multi currency Expert Advisor that trades time based breakouts and has various options to improve performance. The Extreme Breakout EA trades using pending orders and has the option to enter using market orders if required. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain Designed for USDJPY. Features Fully automated Not sensitive
Night Lottery EA
Robots4Forex Ltd
Asesores Expertos
The Night Lottery EA is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and uses time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/r
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Robots4Forex Ltd
Asesores Expertos
The Night Scalper EA is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and uses time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe, but will also work on AUDUSD, GBPUSD, NZDUSD, USDCAD, USDCHF and likely many more. A VPS is advisable when trading this system and a low spread and commission based broker is best. Check the comments for back test results and optimized settings. View More
Custom EA MT5
Robots4Forex Ltd
Asesores Expertos
Automated trading system designed to be customized to specification to create unique trading strategies. Custom EA is suitable for beginners to experienced traders, start trading using built in preset strategies or start creating your own. Updates and optimizations will be made on an ongoing basis and will be available to the buyer. Any questions or support required please message me. Limited time special offer, review Custom EA and get an EvoAI 1 year licence! FEATURES Fully automated Fully
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agrushev777
2328
agrushev777 2024.02.17 18:04 
 

El usuario no ha dejado ningún comentario para su valoración

m1k3w0
19
m1k3w0 2023.06.04 12:10 
 

Very nice

Respuesta al comentario
Versión 1.6 2020.01.06
Added CloseAllButtons, VisibleTakeProfit & StopLossType options.
Versión 1.5 2019.07.09
Fixed lower account balance than StartLotBalance causing AveragingMultiplier not to function.
Versión 1.4 2019.07.08
Added initialisation for new start lot balance calculations.
Versión 1.3 2019.07.07
Improved StartLotBalance calculations.
Versión 1.2 2019.02.08
Added AveragingLotMultiplier & AveragingLotAddition options.