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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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AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
Convierta cualquier estrategia comercial en una estrategia de negociación de posiciones o opere con las probadas estrategias de negociación de posiciones basadas en RSI y ADR, incluido el sistema de control de reducción automatizado para posiciones que se mueven en su contra. Este EA es una evolución y una simplificación del EA MRA que se ha utilizado para las estrategias de negociación de posiciones que se enseñan en el sitio web de Market Structure Trader durante muchos años. Consulte mi perf
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5 (1)
Live Signal available here:  https://www.mql5.com/en/signals/2223440   (high risk 7.5%) Estimados Traders, Me complace presentarles nuestro revolucionario nuevo asesor experto, "Trade Fusion", una solución de vanguardia que está preparada para transformar el mundo del trading automatizado. Trade Fusion es el resultado de meses de investigación intensiva, desarrollo y pruebas rigurosas, que combina tecnología de última generación con las estrategias de trading más sofisticadas para ofrecer una e
PowerFul 1 Min Scalping System : escalador de robot automático para el comercio en el par de divisas XAUUSD (el robot cotiza en otros pares de divisas, pero obtiene los mejores resultados en oro). Períodos de tiempo recomendados  M5 . El saldo inicial mínimo es de $ 500. Este robot determina automáticamente los puntos de giro de precios y establece varios pedidos diferidos en la probable dirección futura de la tendencia. Si el precio no se desarrolla en la dirección correcta, el robot elimina l
ONLY 3 COPIES OUT OF 10 LEFT AT $99! After that, the price will be raised to $199. HFT  Propfirm Challenge Performance Monitor(Starting from $200) Account Number:  66668979 Server: ICmarketsSC-Demo06 Password: quantumhft888 You will get BONUS  worth $399 after you pass the HFT Prop Firm challenge round Quantum HFT Prop Firm is the EA is designed to pass the competition of HFT Prop Firms.  Please be aware that this Expert Advisor (EA) should not be used with a real account. Its sole p
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agrushev777
2329
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.