Vino EA

Vino EA is a grid expert advisor using mainly customized oscillators to analyze the market prices and volatility in order to identify trend reversals. It uses a grid of orders which increases the lot size only after the stop loss is reached. Grid size can be limited for more safety.

Requirements

• Default parameters has been optimized for EURUSD with timeframe M15
• Minimum recommended deposit is $1000 for initial lot set to 0.1
• 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
• Can be used in combination with Wolfgrid since both EA use differents Buy/Sell signals (https://www.mql5.com/en/market/product/24726)

Inputs

• Money Management

  • 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;

• Grid

  • 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;

• Other parameters

  • 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;
  • Start Trading Hour (broker time) - Broker hour where trading operation starts;
  • StopTrading Hour (broker time) - Broker hour where trading operation ends;