Grid Wizard EA

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https://www.mql5.com/en/users/zakri/seller


Grid Wizard EA has 4 built-in strategies that are really powerful.

This EA is a winner EA.

It can work on every symbol and timeframe, preferably H1.

Tests show it was profitable since 2010.


Entry Mode:

  • Both Directions, Same Basket - This strategy opens buy and sell trades at the same time, they are closed together.
  • Both Directions, Separate Baskets - This strategy opens buy and sell trades at the same time, but they are two separate baskets that are managed separately.
  • One Direction, Reversal - This strategy opens only a buy or sell basket based on reversal method.
  • One Direction, Trend- This strategy opens only a buy or sell basket based on trend method.

First Lot Settings:

  • Fixed Lot Size - Orders will have fixed defined lot size.
  • Lots Per 100,000$ - If you set it to 0.1, this means when your balance is 100,000 it will open 0.1 lot trades. So when balance is 10,000$ it will open 0.01 lot trades.

    Level Settings:

    • Maximum Levels - You can define maximum number of grids you want to trade, enter 0 for unlimited.
    • Levels Distance - This determines the distance between grids.
    • TP Distance - You can define take profit distance too.
    • Exit on Previous Level - as a last resort, EA can close the basket when price reaches previously opened trade level.


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