KJ Grid MT4

KJ Grid MT 4 is a trading expert advisor (EA) designed for grid trading, where positions are opened in a grid pattern. This means the first trade in the cycle is opened, and more trades are opened at price gap intervals if price moves in that direction. These positions will be closed according to the closing option chosen, generally in profit. The number of positions, their lot sizes, and the distance in points between positions are chosen in the EA settings. The most important setting is the closing option, explained below:

There are currently 3 options available for closing trades: Average, All VTP, and Partial Close.

Average: Positions will be closed when the average prices of all open trades, plus a minimum profit level in points is reached.

All VTP: “VTP” means “Virtual take profit.” This option closes all positions when the combined profit of open trades reaches the amount specified in the “Min Profit for AllVTP” input is reached. For example, if the AllVTP profit is set at $100, all orders will be closed when the combined profit is $100 or greater. I recommend this closing option.

Partial Close: The first order of the grid is partially closed. The lot size specified in the iStartlots input is closed in profit.

Other input settings are explained with a brief description below:

Lot settings:

iStartlots:                         Starting lot size

iMaximallots:                   Max. lot size

iLotFactor:                        Factor to multiply lot size

 

SL / TP settings:

iCloseOrder:                    Close orders option

iTakeProfit :                     Take Profit amount (in points)

iMinimalProfit:                Min. Profit for Averaging calculations

iAllVTPMinProfit             Min. Profit for AllVTP Close Order option

UseTS:                               Use Trailing Stop?

iTSAmount:                      Trailing Stop amount (in points)

iTSStart:                            Trailing Stop start level, in points, from order price

 

Other Trade settings:

BuyRange:                                  No buy trades open above this price

SellRange:                                   No sell trades open below this price

BuyPointStep:                           Gap between Buy orders (in points)

SellPointStep:                           Gap between Sell orders (in points)

iMagicNumber:                       Magic Number

MaxBuys :                             Max. number of Buy trades

MaxSells:                              Max. number of Sell trades

iSlippage:                            Slippage (in points)

TradeBuy:                           Allow Buy trades?

TradeSell:                          Allow Sell trades?

 

Loss Limit settings:

LimitLoss:                          Limit losses?

iLossClose:                        Close all trades at loss amount, in currency

ResumeLoss:                    Resume trading after loss limit reached?

Moving Average settings:

UseMA:                             Use Moving Average for trading?

MA_Method:                   Moving Average method

iMAP                                 Period used to calculate moving average

Timing settings:

UseTiming:                       Only open trades between certain times?

TimeStart:                        Time to start opening new trades

TimeStop:                         Time to stop opening new trades

Display Panel settings:

UsePanel :                        Show info panel?

Label_color:                     Panel Label color

Background_color:         Panel Background color

 

KJ Grid features:

KJ Grid can trade in any market.

KJ Grid can trade in any timeframe.

Simple, quick setup.

Suitable for beginners.

Upper / Lower trading range: Option to restrict opening orders to between chosen prices.

Separate Buy and Sell distances: option to have different price gaps between buy or sell trades.

Info Panel: Panel shows magic number, largest / max lot size, profit, and Order Closing type.

Note: Panel is moveable, and can be minimized.

 

Notes / Advice:  

Remember, KJ Grid is a grid trading EA. Please be aware of how grid trading works, and avoid excessive risks.

While KJ Grid can trade in any market, it was tested with Gold and NASDAQ (US100). I recommend using it with these instruments.

Settings files used for the backtests are available for GOLD and NASDAQ, but I recommend optimizing instead.

Optimize with your broker to find ideal settings for your trading conditions.

Demo: Test with demo accounts.

Use KJ Grid with a VPS.

Updates: KJ Grid will be updated to add features and fix bugs.

Contact: Message me via comments / PM for help, bug reports, or feature requests.

KJ Grid is also available for MetaTrader 5, on the MQL5 marketplace:

https://www.mql5.com/en/market/product/106150

Thank you for using KJ Grid. Enjoy your trading!

 

 


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Bogdan Ion Puscasu
5 (6)
Quantum King EA — La puissance intelligente, optimisée pour chaque trader IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. Prix de lancement spécial Signal en direct :       CLIQUEZ ICI Version MT5 :   CLIQUEZ ICI Chaîne Quantum King :       Cliquez ici ***Achetez Quantum King MT4 et vous pourriez obtenir gratuitement Quantum Queen X, Quantum Athena X, Quantum Commander, Quantum Emperor, Quantum Baron, Quantum Omni
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Lachezar Krastev
5 (2)
BLACK FRIDAY SPECIAL: 70% OFF + FREE GIFT! Massive savings on our top automated systems: Buy WallStreet Recovery PRO: Only $157 (Save 70% — Regular price: $497) BONUS EA: Get Crypto Master EA 100% FREE (Regular price: $497) Total Value: $994 — Yours today for just $157! How to claim: Once you complete your purchase, simply contact us, and we’ll deliver your free Crypto Master EA license! Full offer details & live performance stats: https://www.mql5.com/en/blogs/post/778315 Live Results:   https
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Marco Solito
4.69 (91)
Dark Gold  is a fully automatic Expert Advisor for  Scalping   Trading on Gold , Bitcoin , Eurusd and Gbpusd. This Expert Advisor needs attention, in fact presents highly customizable. Dark Gold is based on   Dark Support Resistance indicator   (owning it is not necessary) , these Trades can be manage with some strategies. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get Dark Support Resistance indicator for Free , for More info contact me The basic strategy st
Gold Challenger EA,   a new EA based on BeiDou Trend EA, has been launched. It is suitable for high volatility products such as XAUUSD. Gold Challenger EA still uses the breakout method.   Breakout trading is a very old method. Since the 1900s, since Livermore, this method has been widely used. It has been more than 120 years. This method is always effective, especially for XAUUSD and Gold with high volatility.   I have been using the breakout method to make profits on XAUUSD in the early stage
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Stefano Frisetti
3.67 (3)
DESCRIPTION With the CHAOS ALGO TRADING EA, You dont need anymore to guess prices direction, You can profit when prices move either in mark up or in mark down from the moment You activate the EA in Your trading account. The ALGO TRADING EA was created to fully automate the TRADING STRATEGY OF CHAOS, leaving the single TRADE OPEN and TRADE CLOSE to the EA, and keeping for the TRADER only the decision when to activate it or close it. The EA is best used in loops; so if USER activate it, and then
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3 (2)
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KJ Grid
Kevin James Van Driesten
KJ Grid is a trading expert advisor (EA) designed for grid trading, where positions are opened in a grid pattern. This means the first trade in the cycle is opened, and more trades are opened at price gap intervals if price moves in that direction. These positions will be closed according to the closing option chosen, generally in profit. The number of positions, their lot sizes, and the distance in points between positions are chosen in the EA settings. With good settings, KJ Grid can earn cons
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