MQLSquare Grid Scalper MT4

Introducing a powerful and user-friendly trading tool designed to supercharge your trading capabilities through a grid strategy.


Crafted for dedicated traders seeking a high-quality tool to execute their trades, this EA offers a range of features and options to enhance your trading experience.


Here's a breakdown of the key inputs and functionalities:


1. **Starting Lot Size:** Define your initial lot size to kickstart your trading cycle.


2. **Multiplier:** Tailor your lot size for each grid. For a fixed lot size, simply set the multiplier to 1. It's advisable not to exceed a multiplier of 1.5.


3. **Increasing Period:** This parameter allows you to control the rate at which your lot size increases within the grid. It's particularly useful for those employing martingale strategies to expedite profit generation.


4. **Profit in Dollars:** Specify the target profit in dollars to signal the end of your trading cycle. Ensure this value aligns with your lot size for optimal performance.


5. **Remove Expert After First Cycle:** Activate this feature to automatically remove the expert from the chart after it completes its initial profit cycle, providing added convenience.


6. **Maximum Lot Size:** When using a multiplier greater than 1, this setting caps the lot size once it reaches the maximum limit. It remains locked at the maximum lot size until the cycle concludes.


7. **Maximum Open Positions:** Control the number of open positions. If set to a specific limit, the expert won't enter new trades beyond this threshold.


8. **Allowable Drawdown (% of Equity):** Define the acceptable drawdown as a percentage of your account equity. If this threshold is breached, the expert can close all positions. The "Remove expert after first cycle" setting determines whether it should initiate a new cycle or remove itself from the chart.


9. **Grid Size in Symbol's Pips:** This parameter determines the distance between each grid based on the symbol's pips. It's essential to optimize this value to align with your chosen symbol and trading style.


10. **EA Identifier:** Use this to set an identifier for the EA, ensuring uniqueness if you're using it on multiple charts within the same account.


11. **AI Mode:** In grid strategies, ranging markets offer ideal conditions. By enabling AI mode, the expert will analyze ATR, VOLUME, MFI, and other indicators to detect ranging markets and initiate the cycle accordingly.


12. **TimeFrame:** Define the timeframe used for AI analysis to detect ranging markets.


13. **Period of Indicators:** Specify the period for the indicators used in AI analysis to detect ranging markets.


14. **Once a Day:** The EA can start at a specific hour and minute each day, with a new cycle beginning after the previous one ends.


15. **Filter Day of the Week:** Tailor your trading cycles by enabling or disabling specific days of the week.


16. **Telegram Messaging:** Activate this feature to receive real-time notifications on cycle start, new grids, and profit target achievements through Telegram. Simply message our Telegram bot to grant it the necessary permissions for messaging you.


This EA is a comprehensive trading companion for grid strategy enthusiasts, with a range of customizable features to meet your specific trading needs. Whether you're a seasoned trader or just starting, this tool is designed to elevate your trading capabilities.

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Valeriia Mishchenko
No losing months since August 2019, with a 2.04% monthly gain: Live performance MT 5 version can be found here Sentinel AI is fully automated trading system is built for major forex pairs such as EURUSD and GBPUSD on the M5 timeframe. By combining price action and mean reversion principles with advanced AI-driven analytics, it is designed to identify potential trend reversals and exploit market inefficiencies with greater accuracy and efficiency. Supported currency pairs: EURUSD, GBPUSD Timefram
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Burak Baltaci
3 (2)
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Michela Russo
5 (8)
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MQL TOOLS SL
5 (4)
AI Prop Firms - Intelligent Automation Built for   Prop Trading Firms . AI Prop Firms is an advanced fully automated Forex trading system powered by   Artificial Intelligence , developed specifically to operate within the strict rules and evaluation models of prop trading firms. The system is designed to trade under controlled risk conditions while   maintaining consistency , stability, and compliance with prop firm requirements. AI Prop Firms uses intelligent market analysis logic that continu
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2.5 (2)
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TW Sniper EA – Expert Advisor de Scalping de Ouro para Trading de Tendência XAUUSD TW Sniper EA MT4 é um avançado Expert Advisor de Forex para negociação de ouro, construído com lógica precisa baseada em tendências para entregar desempenho estável mesmo em condições de mercado altamente voláteis. Este poderoso robô de scalping de ouro foca em operar XAUUSD durante sessões-chave, garantindo crescimento consistente enquanto mantém rigoroso controle de risco e gestão profissional de capital. Com s
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Vasiliy Strukov
5 (1)
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Hello All, good news, the very famous Bitcoin Wizard version 1.6 is now available on the mql5 website which works very smoothly. Bitcoin Wizard – Automated Bitcoin Trading System Bitcoin Wizard is an advanced automated trading system designed specifically for Bitcoin trading . It identifies strong market momentum by analyzing high–low price levels within specific periods and executes pending orders to capture breakout opportunities. Built for traders who want a fully automated solution , Bitcoin
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DMITRII GRIDASOV
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Josh kings
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Josh kings 2023.10.27 22:43 
 

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