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Magic Grid

Magic Grid is a grid Expert Advisor using no indicators. The strategy is based on automatic re-opening of profitable orders placed with a certain step from the very beginning of the EA operation. The robot trades on any timeframe and symbol. It can also trade several symbols with any amount of decimal places. It does not interfere with manual trading and other EAs' operation. The robot works only with its own orders displaying all necessary data on them when needed.

The Magic Grid info panel provides effective control over the EA's entire trading process in conjunction with notification system. The panel allows you to check the claimed amount of orders relative to their real market number. Depending on the situation, the EA provides a variety of reports on critical changes in its operation and errors. For example, it notifies of the number of restored orders in case some of them were triggered when the terminal was closed. It also alerts on exceeding the limit of maximum allowed orders, as well as on the fact that a pending order was not placed because of a price being too close, etc.

Besides, it often provides tips about what to do in a particular case.

The EA is not resource-consuming. All recalculations are performed only in the following cases:

  • the EA has been restarted
  • the EA settings have been changed
  • symbol change
  • timeframe change
  • an order has been closed or a new one has appeared

Switching between timeframes can be used as a forced recalculation in case you have any doubts in the EA operation efficiency or you need to speed up any process, for example, if one of the pending orders is not placed at the very beginning because of a price being too close.


Settings

At first glance, the settings seem to be too numerous. However, they are quite simple and allow you to configure a grid with a required degree of flexibility.

  • Buy First - initial price for buying (any value selected by a trader)
  • Sell First - initial price for selling (any value selected by a trader)
  • Quantity BuyUP from Buy First - number of Buy orders up from the initial price (can be zero)
  • Quantity BuyDOWN from Buy First - number of Buy orders down from the initial price (can be zero)
  • Quantity SellUP from Sell First - number of Sell orders up from the initial price (can be zero)
  • Quantity SellDOWN from Sell First - number of Sell orders down from the initial price (can be zero)
  • Step - grid step between same-type orders (in points of a selected pair)
  • Take profit - take profit for each order of the EA (can be zero)
  • Stop loss - stop loss for each order of the EA (can be zero)
  • Lot - lot size for each order of the EA
  • Magic number - any figures allowing the EA to distinguish its own orders (should be changed if the EA is used on several pairs)
  • Language - switching the EA language (English/Russian)
  • Expert's comment - user comment for each order
  • Dashboard -- display the info panel managing the amount of EA orders on the market
  • Transparency of the dashboard - Dashboard transparency (better to disable if "Chart on foreground" is selected in the chart settings)
  • Debugging - required for more detailed error report in the EA operation when necessary


Testing

When testing the EA in the strategy tester, consider the maximum number of orders allowed by a certain broker. If the value is exceeded, not a single order is placed!

All missed ticks reduce the EA efficiency, since its operation is based on volatility. The lower the volatility, the lesser the probability to fix a potential profit.

Comentários 1
Jonah3000
267
Jonah3000 2020.09.20 11:30 
 

Very useful EA. Best if you know direction of market, or when market will consolidate.

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⭐   ⭐   ⭐   ⭐   ⭐  LAST WEEK PROMO PRICE!!! 🏃   🏃   🏃 Buy this EA gives you the right to get the second EA for free:     https://www.mql5.com/en/blogs/post/740436 Only 10 copies for $98 (next price --> $149  --> $199) This is a grid EA based on the signals of the   Trend Line PRO   indicator:   https://www.mql5.com/en/market/product/42399 The User's manual:   here   📢   Telegram:   https://t.me/   INFINITY_PRO_ED   📈  Real account signals:     here 🔥🔥🔥   Promo "Buy one Get one free  
63 USD
Falcon Scalper Pro
Michela Russo
Super   Black Friday   Discount   Only Today, 50% OFF! Falcon Scalper Pro is a trading robot  for the trading on forex. This is a Trend Following system that trades in all session.   Backtest Now! Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Bee Crazy Pro ! (All future updates included) -> To Receive it,
145 USD
Spider Crazy Pro
Michela Russo
Super   Black Friday   Discount   Only Today, 50% OFF! Spider Crazy Pro is a trading robot  for the trading on forex. This is a complete system with   11 Strategy in 1 EA . This Robot opens a   large number of orders .  Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of  Snake Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 or email !   This Expert advisor not use arbitrage or breakout, the
145 USD
Stenvall Invest
Gennady Sergienko
default settings:     EURUSD M5 email:                    lleonea.com@gmail.com telegram for pm:    @leontolstoy This is a fully automatic trading robot that does not require the intervention of a trader is divided into control blocks that contain more than 70 smart functions for controlling the trading process. ✔ How is Stenvall Invest better than others ? ☑ We do not use a beautiful word with pictures, Stenvall Invest is really a technological robot that has a complex code. Read about
1 199 USD
GerFX Density Scalper
Exler Consulting GmbH
BLACK FRIDAY PROMOTION  IMPORTANT: Please contact me after buying or renting for the correct key paramter.  Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading. 3) Any mean reversion can get caught on the wrong side of a fast movemen
1 700 USD
Billion Idea
Dhanaraj
  💎 💎 💎 💎 💎 Welcome To Billion Idea (BI) Expert Advisor (Trading Robot) 💎 💎 💎 💎 💎 HOLIDAYS OFFER PRICE $ 99 (ONLY 4 COPIES LEFT)  Billion Idea (BI)  EA is a Safe Scalper System   for Trading on Forex. Exclusively developed for GBPUSD Pair . BackTest Now !   The EA enters the market with certain unique conditions. The EA is based on Unique Strategies, and NOT Uses MARTINGALE, GRID and other Dangerous Strategies . All Deals are covered with Tight Stop Loss and Optimized Take Profit leve
99 USD
Immortality
Nguyen Hang Hai Ha
BLACK FRIDAY ! SALE OFF 30% FOR 10 BUYERS AT $ 48 ! Only 4 purchases left ! Next price $ 68 Expert Advisor  Immortality  uses unique entry and exit strategies to trade with high probability and low risk. EA is designed to be easy to use, it has 5 settings for 5 currency pairs (EURUSD, AUDUSD, AUDJPY, EURJPY, USDJPY) and the Manual Settings option. Monitoring : https://www.mql5.com/en/signals/798736 If you do not have much experience in EA, use the 5 available settings for 5 currency pairs. " Se
48 USD
Turtle Scalper Pro
Michela Russo
Super   Black Friday   Discount   Only Today, 50% OFF! Turtle Scalper Pro is a trading robot  for the trading on forex. This is a mix of Trend Following and Counter Trend system.   Backtest Now! This Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss and TakeProfit . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Gold Butterfly Scalper Pro ! (All future upda
145 USD
Filtro:
Jonah3000
267
Jonah3000 2020.09.20 11:30 
 

Very useful EA. Best if you know direction of market, or when market will consolidate.

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Versão 3.64 2018.07.20
Added the ability to define separate setting for BUY and SELL orders.

Fixed some bugs.