Foyda Smart Grid EA

Foyda Smart Grid EA

Foyda Smart Grid EA is an automated trading advisor based on a grid strategy with trend filtering and adaptive risk management. The EA analyzes the market trend using an EMA indicator and opens positions only in the direction of the prevailing trend, avoiding simultaneous opposing trades that increase risk without benefit.

When the price moves against an open position, the EA opens additional grid levels with a controlled lot multiplier, allowing the average entry price to improve and the overall position to recover more efficiently. Grid spacing can be fixed or dynamically adjusted based on current market volatility using the ATR indicator, helping the system adapt to different market conditions.

The EA includes multiple layers of protection: a maximum drawdown limit that closes all positions if equity falls too far below balance, a spread filter to avoid trading during high-spread conditions, and a trading time filter to restrict activity to specific hours and avoid weekends. A trailing stop and breakeven mechanism help lock in profits once a target floating profit is reached, while a take-profit target based on a percentage of account balance ensures consistent profit-taking.

Total lot exposure is capped through a maximum total lot setting, and the number of trades opened per day is limited to prevent overtrading. All trading logic is fully automated and requires no manual intervention once configured.

Key features:

Trend-based entry filter using EMA to determine trade direction
Adaptive grid spacing based on ATR volatility
Configurable lot multiplier for grid recovery levels
Maximum drawdown protection with automatic position closure
Trailing stop and breakeven profit protection
Percentage-based take profit target
Spread filter and trading time filter
Daily trade limit and maximum total lot size control
Magic number support for safe operation alongside other EAs

Recommended usage: Test on a demo account first to find the optimal settings for your broker, spread conditions, and account size before switching to a live account. As with any grid-based strategy, proper risk management and adequate account capitalization are essential.