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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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Introducing our MT5 EA: Designed with advanced algorithms and utilizing deep learning technology, our Expert Advisor (EA) is crafted to assist you in the intricate world of forex trading. The system analyzes market behaviors and conducts transactions based on specific criteria, empowering you to engage with market trends more effectively. With the backing of nearly a decade of data, the EA employs deep learning to examine past market conditions, aiming to provide enhanced decision-making. Recom
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Fanur Galamov
5 (9)
Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
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Barbaros Bulent Kortarla
5 (48)
Smart Funded EA est un conseiller expert conçu pour réussir les défis HFT des sociétés de prop trading qui autorisent son utilisation. Quelles sociétés de prop trading HFT puis-je utiliser ? Il a été testé sur presque tous les défis de sociétés de prop trading HFT avec un taux de succès de 100 %, tels que Kortana Fx, Nova Funding, Fast Forex Funds, Infinity Forex Funds, Quantec Trading Capital, Next Step Funded, Msolutionff, Genesis Forex Funds, The Talented Traders, Only Funds, Tradicave et
Ai Hybrid Robot MT4
Mansour Babasafary
71% discount for the next 5 buyers (original price $9000): 3 person left Get a 50% bonus by buying (or even renting) any of our products. After buying (or renting), send a message for more information. Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in t
Boring Pips MT4
Thi Thu Ha Hoang
5 (12)
Vous êtes-vous déjà demandé pourquoi la plupart des conseillers experts ne sont pas efficaces dans le trading en direct, malgré leurs performances parfaites en backtest ? La réponse la plus probable est le surajustement. De nombreux EAs sont créés pour "apprendre" et s'adapter parfaitement aux données historiques disponibles, mais ils échouent à prédire l'avenir en raison d'un manque de généralisabilité dans le modèle construit. Certains développeurs ne connaissent tout simplement pas l'existenc
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Profalgo Limited
5 (6)
Promotion de lancement : Nombre limité d'exemplaires disponibles au prix actuel Prix ​​final : 990$ NOUVEAU : obtenez 1 EA gratuitement !   (pour 2 comptes commerciaux) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Bienvenue sur DayTrade Pro Algo !   Après des années d'étude des marchés et de programmation de différentes stratégies, j'ai trouvé un algorithme qui a tout ce dont un bon système de trading
Candle EA MT4
Mansour Babasafary
4.58 (38)
This expert is based on patterns The main patterns of this specialist are candlestick patterns Detects trends with candlestick patterns It has a profit limit and a loss limit, so it has a low risk The best time frame to use this expert is M30 time frame The best currency pairs to use with this expert is the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs The price will increase by 100$ after every 10 purchases! Final price 2450$ Get a 50% bonus by buying (or even renting) any of our product
Price reduced for 7 days to $147 Then the price will be $230 PowerFul 1 Min Scalping System - Automatic Robot Scalper for Trade on the XAUUSD currency pair (the robot trades in other currency pairs, but gets the best results in gold). Recommended time periods M5 . The minimum initial balance is from $ 500. This robot automatically determines the points of price turning and sets several deferred orders in the likely future direction of the trend. If the price does not unfold in the right directi
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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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