Grid Turpo
- Experts
- Horst Udo Lippert
- Version: 1.0
- Activations: 7
Major Features
Works on multiple pairs
Multiple Entry Control Features (432 entry types)
BUY/SELL trade entries or STOP/LIMIT trade entries
Grid Trading Strategy with many control features
feature, stops Grid Turpo trading after basket close
Emergency Close All Feature
Holiday Shut Down Feature
Order Management/Checking Conditions
Email Management – Grid Turpo talks back to you
Grid Array Generation based on user input
Take Profit Trader
Stealth TP trader – no TP sent to broker
Stealth SL feature – no SL sent to broker
Profit Trailing Stop Feature for extra profit
Close old trades feature, draw down reducer
Exit trades early feature
Current or Correlated pair Hedging capabilities
Recoup loss function
Recoup broker commission and swap function
Additional trades added to "basket" incrementally
Power Out Stop Loss Features – SL is sent to broker
Portion control feature
Manual account type selection
Stop Trade Balance Protection
Equity Stop Loss Protection
Automatic broker decimal selection
Chart overlays to monitor trades and account
Manual or automatic money management features
Broker spreads are not an issue
Manual or Automatic trade magic number selection
Grid Turbo is a Grid Trader. Its basic design is to use MA to determine market conditions and bracket the current price with a
STOP and LIMIT to profit in that direction. You may now select/change the capability of Grid Turbo to place just a BUY trade or a SELL
trade instead of STOP and LIMIT trades to start its trading routine. If the direction is long, BUYS are used to take profits. If the
trend reverses, BUY LIMITS are hit and profits taken on the reversal. If the direction is short, SELLS are used to take profits. If
the trend reverses, SELL LIMITS are hit and profits taken on the reversal.
You now have the capability to reverse the grid. Instead of place a BUY STOP/LIMIT if the market is long, you can force Grid
Turbo to place a SELL STOP/LIMIT. This reverse feature is user selectable via the menu set item. Once the direction is determined
and trading is started,
Grid Turbo uses LIMIT trading to add to the basket of trades. Grid Turbo starts placing trades by bracketing the
current price with STOP/LIMIT trades in a proprietary fashion. This proprietary fashion using the MathMod function sets the
STOP/LIMIT trades around the current price at distance of approximately ½ the pips defined by the first grid value, 25 in this case.
A user has the ability to adjust the MathMod feature of Grid Turbo using the Entry Offset parameter.
Once either the STOP or LIMIT is hit creating the first trade, subsequent trades are placed a fixed distance of 25 pips
either side of the current price. Each LIMIT trade added is placed 25 pips above/below the last trade. The 25 pip amount is used until
4 open trades are out. If the user selectable feature of Zeus3Traditional is set to false, then the grid is started using a BUY or
SELL. The Entry Offset has no effect if this feature is used. The fifth trade (LIMIT trade) is placed 50 pips above/below the fourth
outstanding trade. This 50 pip amount is used until 8 total trades are open. The ninth trade (LIMIT trade) is placed 100 pips
above/below the 8th trade. This 100 pip amount is used for all remaining trades placed.
For this strategy, each LIMIT trade added is called a "level". The number of trades at the 25 pip difference is user
selectable and the number of trades at the 50 pip difference is user selectable. Remaining trades (9th level and beyond) placed at
the 100 pip range is user selectable also. 25/50/100 remains Zeus3 set grid but the grid can be squished or auto calculated
(discussed later) without changing individual numbers listed in the menu. The Take Profit values are just double the grid values.
50/100/200 pips are the Take Profits that are coded into Grid Turbo and can be modified via the menu. All these values are placed in an
array defined by the user. The array is a uniquely new feature to Grid Turbo and can be manipulated in any way by the user.
