Grid MT4

The utility for semi-automatic trading, order management, can also be used to restore losing positions on the account. Has the function of reducing the drawdown on the account by overlapping unprofitable orders. It can work with manual orders, orders opened from the panel or orders opened by another EA. It has a minimum of parameters, is easy to configure, and works with any number of orders. For testing, use the visual mode in the strategy tester.

MT5 version https://www.mql5.com/en/market/product/56493

OPTIONS:

• START_LOT - initial lot;
• LOT_MULTIPLIER - lot multiplier in the order grid;
• MAX_LOT - maximum lot;
• STEP_ORDERS - order grid step;
• STEP_MULTIPLIER - order step multiplication factor, if = -1 then it is not used;
• MAX_STEP - maximum order grid step;
• OVERLAP_ORDERS - from which order to enable the order overlap function;
• OVERLAP_PIPS - minimum profit in pips for closing unprofitable orders;
• STOPLOSS, TAKEPROFIT - stop loss and take profit in pips, if = -1 is not used;
• BREAKEVEN_STOP, BREAKEVEN_STEP - level and step of breakeven , if = -1 is not used;
• TRAILING_STOP, TRAILING_STEP - trailing stop level and step , if = -1 is not used;
• MAGIC_NUMBER, ORDERS_COMMENT - magic order number and comment;
• START_TIME, END_TIME - time at which it is allowed to open orders. if = "00:00", then not used;