SetkaRangeEA
- Experts
-
Ilya Putintsev
I'm a simple Russian guy who started working on Iskra computers with 5.25" floppy disks, back when there were no 3.5" floppy disks. I remember when the game Doom was released, and I played StarCraft before I started programming, first in Basic and then in Pascal. In high school and later in college - Versione: 5.500
- Aggiornato: 2 giugno 2026
- Attivazioni: 10
SetkaRangeEA Multi-Wave Grid Trading Robot for MetaTrader 4. The tests were conducted on the EURUSD 15M pair from January 1, 2025, to May 31, 2026.
Overview
SetkaRangeEA is a fully automated grid trading Expert Advisor for MT4. It uses a multi-wave averaging system (Wave 1 + Wave 2 + Wave 3) to enter the market on technical signals and systematically manage positions through a structured grid.
Key Features
- Three-wave grid averaging system
- Signal engine based on RSI, Stochastic, ATR, and Daily Range filter
- Dynamic lot sizing based on account balance
- Trailing Take-Profit and Trailing Stop-Loss
- Automatic Break-Even protection
- Advanced risk management (max drawdown + daily loss limit)
- User-friendly interactive GUI panel
How the Grid Works
- Wave 1 — Main grid (default step 60 pips)
- Wave 2 — First additional averaging layer (activates on deeper drawdown)
- Wave 3 — Final deep averaging layer (last line of defense)
Each wave has independent step size and lot settings.
Entry Signals
The robot opens trades when the following conditions align:
- RSI in oversold/overbought zone
- Stochastic shows momentum reversal
- Sufficient market volatility (ATR filter)
- Price is in the extreme 25% of the daily range (optional)
Profit Management
- Global TP — closes entire grid when total profit reaches target in USD
- Trailing Take-Profit — smart profit locking
- Trailing Stop-Loss — protects earned profit
- Break-Even — moves individual orders to breakeven
Risk Management
- Maximum account drawdown protection
- Daily loss limit
- Per-grid drawdown protection
GUI Control Panel
- Switch between Auto and Manual mode
- Enable/disable any filter directly on chart
- Choose trading direction (Buy only / Sell only / Both)
- One-click emergency close of all orders
Recommended Settings
- Conservative — smaller lot, fewer orders, wider grid step
- Aggressive — larger lot, more orders, tighter grid step
Best suited for liquid major pairs: EURUSD, GBPUSD, AUDUSD, USDJPY, etc.

