Wolf Grid EA is an expert advisor using customized indicators to identify trend reversals. The entries are usually accurate and in case if the trend reverse with a delay the positions will be managed by a smart grid system.
This system uses a grid of orders which increases lot size after the stop loss is reached. The grid size is limited for more safety.
In order to get better profit an automatic trailing stop has been implemented to assess the best trailing stop value based on the volatility of prices.
It includes a security filter which prevent the possibility of getting into an unexpected trend without rollback caused by a new release.
Signal monitoring and my other products: https://www.mql5.com/en/users/dorian75/seller
- Optimized to work with EURUSD for timeframe M15.
- Minimum recommended deposit is $1000 for initial lot set to 0.05.
- ECN broker with low spread is recommended to get better results.
- Compatible with 4 and 5 digits accounts.
- Compatible with all brokers including US broker using FIFO rule
Support and Set Files
- Help with the installation and configuration of Expert Advisors. Feel free to send me a message
- FAQ and set files are available on the following link: https://www.mql5.com/en/blogs/post/717532
- Money Management (MM) Method - method to calculate lot sizing and stop loss.
- Fixed Lot Size - initial lot (used when MM is "Fixed Lot").
- Lot based on % balance - initial lot calculated based on % of the balance (used when MM is "Percentage Balance").
- Fixed Stop Loss - stop loss in account currency (used when MM is "Fixed Lot").
- Stop Loss based on % balance - stop loss calculated based on % of the balance (used when MM is "Percentage Balance").
- Max Lot - maximum lot for the EA operation.
- Lot Factor - lot factor for the second and subsequent orders.
- Take Profit - take profit.
- Grid Stop Loss - size of stop loss.
- Max Grid Size - number of orders max to open at the same time.
- Auto Trail - true if you want to activate the automatic mechanism of trailing stop. Otherwise false.
- Trail Distance - trailing stop distance (only for non automatic trailing stop).
- Max Spread - maximum spread allowed before a pending order triggers.
- Magic Number - magic number to distinguish orders from others EA.
I have worked hard to ensure that everything I do puts my users interests first. Asking for feedback and ratings should especially be a net positive user experience. It will help me to improve my trading strategy.
- Updated default parameters
- Entry signals have been optimized
- Add auto lot calculation method based on a percentage of the balance
- Default parameters updated
- Grid system has been improved
- Stop Loss parameter has been added
- Code optimization to improve backtesting speed
- Fix a bug showing multiple times same output message
- Fix a bug which close trades before TP is reached
- Default parameters updated
- Improvement to Buy/Sell signals