Grid Balance of Power EA
- 专家
- 版本: 3.20
- 激活: 5
Built for patient grid traders. One job: start a grid only when buyers or sellers have truly taken the candle. Mechanism: a smoothed Balance of Power zero cross, confirmed by range and trend, then an ATR-spaced grid that banks small closures.
Try it free first: load Grid Balance of Power EA in the MetaTrader 5 Strategy Tester with visual mode on, default inputs, EURUSD H1. You will see every crossing it accepts (arrow) and every one a guard refuses.
The trade lifecycle in four verbs. It reads who won each finished candle, waits until the smoothed balance flips sides with the trend behind it, opens the first level and spaces the next ones by ATR, and banks groups of orders as soon as their joint result clears the target.
Plain risk up front. This IS a grid. It adds to losing positions and uses no stop loss by default. Defaults: 0.01 first lot, additive steps of 0.01, ATR spacing with a 50 point floor, hedge cycle off, margin-level safety off. Limits stop new levels; they never force-close the book.
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WHO WON THE CANDLE?
Balance of Power asks one simple question of every bar: of the whole high-to-low range, how much did the close travel away from the open? (Close - Open) / (High - Low) gives +1 when buyers took the bar from bottom to top, -1 when sellers did the reverse, and something near zero for a tug of war. One bar is noisy, so the EA averages the last 14 bars (simple or exponential, your choice). When that average crosses zero, control has changed hands. The value is always between -1 and +1, on any symbol and at any price, so one setting travels from a currency pair to gold.
Five things to know first
• Entry: the smoothed Balance of Power crosses above zero (BUY) or below zero (SELL) on a closed bar. Accepted signals do not repaint.
• Calculated inside the EA from open, high, low and close. No indicator file, no DLL, no web request.
• A Range Guard skips quiet boxes and an EMA 200 filter keeps entries on the side of the main trend. A level mode (return from an extreme band) is included for mean-reversion style entries.
• New in this product: the Body Guard, which can refuse a cross printed by a candle that itself closed the wrong way. It ships switched off, and the measured reason is printed below.
• No stop loss and no forced close-all. Limits stop new levels; the open book stays under management.
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Start here (5 minutes)
1. Attach it to EURUSD H1 and leave every input at its default.
2. Set RunMode to Scan only for the first session. The panel shows each plan; no order is sent.
3. Look at the arrows and grey dots on the chart: they show which past crossings the guards would have taken or refused.
4. When the plans make sense to you, press ARMED on the panel.
5. Repeat the tester runs below on your own broker's data before any real money; spread, swap and commission all move the result. More than one chart? Give each copy its own EAMagicNumber and HedgeMagicNumber.
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Reproduce our numbers
Strategy Tester, default inputs, 1 minute OHLC, leverage 1:100, 2025.01.01 to 2026.09.30, one broker's demo data. Same settings, same period, and you should land close to these:
• EURUSD H1, $10,000: net +1,667.94, maximal equity drawdown 804.04 (8.00%), 556 trades. No stop-out, no margin refusal.
• EURUSD H1, $1,000,000: net +1,667.94, maximal equity drawdown 804.04 (0.08%), 556 trades. No stop-out, no margin refusal.
• XAUUSD D1, $10,000: net +22.69, maximal equity drawdown 32.01 (0.32%), 7 trades. No stop-out, no margin refusal.
• XAUUSD D1, $1,000,000: net +22.69, maximal equity drawdown 32.01 (0.00%), 7 trades. No stop-out, no margin refusal.
Read these as one past stretch, not a forecast. Money drawdown is the same at both deposits because lots do not grow with the balance, so it is a far bigger share of a small account; deposits below $10,000 were not tested. Defaults were set once by judgement on this same period, which flatters them. Seven gold trades in 21 months is far too few to judge gold, and an 8% drawdown on $10,000 is the figure to size your lots against. Netting accounts were not verified.
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The Body Guard and why it ships off
The idea: a 14 bar average can tip over zero on a bar that itself closed against the new side, so the event candle could be required to show its own raw Balance of Power of at least InpBOPBodyMin on the trade side. We tested it at 0.3 with everything else at default. EURUSD H1, $10,000: on, net +1,584.73, drawdown 804.04 (8.00%), 500 trades; off, net +1,667.94, the same 804.04 drawdown, 556 trades. XAUUSD D1, $10,000: identical on and off (+22.69, 7 trades). It removed 56 trades and 83.21 of profit without lowering the worst drawdown at all, so it was not safer, only quieter, and it ships off (0). Try it on your own symbol; values from 0.2 to 0.5 are a sensible range.
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Why Balance of Power
A grid needs one clean starting gun, then it needs the engine to work. Balance of Power is a good gun for three reasons. It measures who controlled the bar rather than how far price moved, so a long-wicked spike that closes where it opened scores near zero and does not fire. It is bounded between -1 and +1, so thresholds keep their meaning on any symbol and at any price. And the zero cross of its average is a single, unambiguous event on a closed bar. The honest costs: an average of past bars arrives after control has already shifted, and in a flat market the average can hover around zero. The Range Guard, the trend filter and the signal gap are there for exactly that.
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One cycle, step by step
1. Read. Each new bar recomputes raw Balance of Power on finished bars and its 14 bar average.
2. Cross. In the default mode the average must cross zero, upward for a BUY, downward for a SELL. In level mode it must come back inside the band from beyond it.
3. Body Guard, optional. The event candle's own raw value must be at least InpBOPBodyMin on the trade side.
4. Range Guard. The last 20 bars must span at least 5 ATR, so tight boxes are skipped.
5. Trend filter. By default the close must be on the matching side of the EMA 200. It can also fade that side, or be switched off.
6. Timing. Accepted signals are kept apart by a gap of bars, and a signal may wait a few bars if the level cannot be placed at once.
7. Ladder. Levels follow ATR or fixed points, with a floor, a ceiling and an optional freeze. BUY and SELL grids can run together or alone.
8. Banking. Groups of oldest and newest orders close when their joint result, after swap and commission, clears the target. If the oldest order is too heavy, a slice of it is closed instead.
9. Safety checks. A closure that would reopen a level at once is blocked, each leg is confirmed in deal history, failed legs are retried, and a plan is dropped if the book changed before sending.
10. Hedge cycle, optional. Off by default and not exercised in our tests. When on, it holds a balanced pair on a chosen symbol and retires it in equal slices, paid by a small surcharge on closures the grid already makes.
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The panel
The panel sits on the left, so the right side and the price scale stay clear. It lists symbol, magic number, a status pill, grid mode, lot step, spacing, banked result, the book, each side's closing plan and the order table. The BOP PULSE row shows the smoothing length and type, the smoothed value and the raw value of the last closed bar, whether the average is rising (UP) or falling (DN), and the bars since the last crossing. The BODY GUARD row shows the side the average favours, the mode, the candle's own value with OPEN, HOLD or off, the Range Guard width in ATR with its state, and the EMA side. On the live chart every crossing of the last 150 bars is marked: a small arrow when accepted, a grey dot when a guard refused it. Buttons switch Armed / Scan only, Pause / Resume, chart marks and slicing. The Hedge Vault card docks under the main panel; with the hedge off it stays hidden. Nothing is drawn in a non-visual backtest.
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Limits you control
No setting closes the book for you; limits only stop new levels.
Each order passes a free margin check with a safety buffer before it is sent.
Caps on levels per grid, orders per side and lot per order keep the ladder finite. MinMarginLevelPercent and MaxAccountRiskPercent start at off; set them for your own account.
An optional margin-level timeframe safety moves the signal and spacing to a higher timeframe as margin falls. It is off by default and was not exercised in our tests.
Copies are kept apart by symbol and magic number.
Scan only shows every decision without sending a single order.
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Who this is for
Traders who want a grid that starts when control of the candles changes hands, not on a single spike; who are happy with many small closures; who want one bounded signal that reads the same on a currency pair and on gold; and who will size lots to their balance.
Who this is NOT for
• Anyone who needs a stop loss on every order. This grid has none by design.
• Anyone expecting a fixed monthly return or a fast doubling. The tested result above is modest, and it is the honest one.
• Small accounts running large lots unattended. A long one-way trend can hold the book open for weeks.
• Traders who want to trade every candle. The filters keep it quiet on purpose, and on daily gold it may sit idle for months.
• Traders who will not test first. If you skip the Strategy Tester on your own broker, this is not the right tool for you.
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Common questions
Does it repaint? Accepted signals, chart marks and both panel rows use finished bars only.
Is it the classic Balance of Power? Yes: (Close - Open) / (High - Low), with a bar of zero range counted as 0, then a 14 bar average. Some platforms default to other lengths; set InpBOPSmooth to match.
Simple or exponential average? Simple (default) weighs the 14 bars equally and turns more calmly; exponential reacts sooner to the latest candles. Test both on your symbol.
Which markets were tested? EURUSD H1 and XAUUSD D1. Everything else is for you to test.
What should I change first? InpBOPRangeMinATR, then InpBOPSmooth. One change at a time, and look at drawdown next to net result.
Zero or level mode? Zero mode follows the side that took control. Level mode waits for an extreme reading to fade back and is closer to mean reversion.
Netting accounts? A separate margin cap exists for them, but netting behaviour is unverified.
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All inputs
Grid levels
TradeMode - two grids, BUY and SELL, by default, or one direction only.
GridSpacePoints - level distance in fixed spacing mode (25).
GridSpaceMultiplier - above 1.0 widens deeper levels (1.0 = even).
MaxGridLevels - most levels in one grid (1000).
UpDirectionIsBuy - which side an up move arms.
EAMagicNumber - number on grid orders (9769260).
GridOrderComment - text on grid orders (GBOP).
OneOrderPerBar - at most one new level per bar.
Lots
InitialLotSize - volume of the first level (0.01).
LotSizingMode - additive by default, multiply as the alternative.
LotMultiplier - factor per level in multiply mode (1.25).
LotAddStep - step per level in additive mode (0.01; 0 uses the starting lot).
MaxOrderVolume - largest single order (1.0).
UseAutoLot - links the starting lot to balance (off).
AutoLotBaseBalance - balance that matches the starting lot (1000).
AutoLotAllowDecrease - lets auto lot go below the starting lot (off).
ATR spacing
GridSpacingMode - ATR by default, fixed points as the alternative.
ATRTimeframe - ATR timeframe (current chart).
ATRPeriod - ATR length (14).
ATRSpacingFactor - spacing as a multiple of ATR (1.0).
ATRBarShift - ATR bar; 1 is the last finished bar.
ATRMinSpacingPts - lowest spacing in points (50; 0 none).
ATRMaxSpacingPts - highest spacing in points (5000; 0 none).
ATRFreezeOnStart - keeps one spacing for the whole cycle (off).
Profit target
DesiredProfitPerClosure - base target in account currency (2.0).
ProfitMultiplier - final scale, 1.00 to 2.00.
ProfitTargetMode - scaled by default: bigger, deeper books aim higher.
ProfitVolumePower - how closing volume lifts the target (1.0; 0 off).
ProfitDepthBonus - extra target per additional open level (0.10).
ProfitMaxMultiple - scaled target ceiling in multiples of the base (50).
ProfitMaxReachFraction - keeps the target inside this share of one grid step (0.50).
Fragment scanner
UseMultiLegScan - checks multi-order groups before the plain pair (on).
MaxOldestLegs - most old orders in one closure (3).
MaxNewestLegs - most new orders in one closure (6).
ScanPriority - ranking of qualifying groups; largest group first by default.
NeverBankLessThanPair - a group must also beat the pair target (on).
RequireCloseVolumeExceedsTarget - newest volume must be above oldest volume (on).
MinCloseVolumeRatio - required ratio of those volumes (1.5).
Target slicing
EnableTargetSlicing - allows part-closing the oldest order (on).
FragProfitWeightPower - profit weight per closing lot (1.5).
FragMinSlicePercent - smallest slice, percent of the target order (20).
FragAllowMultiCloser - several new orders may fund one slice (on).
FragPreferFullClosure - a full closure wins when both are possible (on).
Reopen guard
ReopenGuard - blocks closures that would reopen a level at once (step based).
ReopenGuardCushion - safe distance as a share of one step (0.90).
Account protection
MinMarginLevelPercent - no new levels below this margin level (0 off).
MaxAccountRiskPercent - no new levels beyond this floating loss, percent of balance (0 off).
NetMaxMarginPercent - netting only: cap on net position margin, percent of equity (5.0).
MaxTotalOrders - absolute order cap per side (1000).
Execution and checks
RunMode - Armed or Scan only.
CloseSequence - order in which legs are sent; oldest first by default.
MaxSlippagePoints - allowed slippage (30).
MaxSpreadPoints - no trading above this spread (7500).
MinSecondsBetweenClosures - pause between closures per side (5).
CloseAttemptsPerLeg - attempts before the retry queue (3).
VerifyTimeoutSeconds - how long a stuck leg is followed (90).
DeferWhenMarketClosed - waits for the session instead of halting (on).
MarketClosedRetrySeconds - retry spacing while orders are refused (30).
AutoResumeAfterSeconds - a halt clears itself after this many seconds (300; 0 waits for you).
NoPartialRetryMinutes - partial closes tried again this many minutes after a broker refusal (15; 0 never).
AbortIfBookChanged - drops a plan if a leg changed (on).
UseFullCommission - counts commission on both sides (on).
CommissionPerLot - fallback figure (0 reads history).
CloseOrderComment - text on closing deals.
Hedge cycle
EnableHedgeCycle - main switch (off).
HedgeSymbols - comma list; repeat a symbol for more turns (XAGUSD).
HedgeSymbolRotation - how the next symbol is picked (per cycle).
HedgeMaxSymbolsInTester - rotation cap in the tester only (2; 0 none).
HedgeCycleLots - lots on each side of the pair (0.01).
HedgeSliceLots - lots retired per side each slice (0.01).
HedgeFragmentBonus - bonus over the slice cost (100).
HedgeBonusIsPercent - bonus is a percent; false means money (on).
HedgeMaxSurcharge - money cap per closure (0 none).
HedgeMaxSurchargePercent - largest rise of any closure target, percent (50).
HedgeMagicNumber - number on hedge legs, must differ from the grid (9769261).
HedgeReopenOnFinish - opens a new cycle when one ends (on).
HedgeStartRequiresTrade - first cycle waits for a grid order (on).
HedgeIntegritySeconds - leg balance check interval (5).
HedgeAutoRepair - repairs a lone leg automatically (on).
HedgeNakedAction - what to do with a lone leg; re-hedge by default.
HedgeMaxSpreadPoints - hedge spread limit (0 off).
HedgeSlippagePoints - hedge slippage allowance (30).
HedgeAttemptsPerLeg - attempts per hedge leg (3).
HedgeVerifyTimeout - follow time for a stuck hedge leg (90).
HedgeCommissionPerLot - fallback hedge commission (0 reads history).
HedgeOrderComment - text on hedge deals.
Weekly cash day
WeeklyCashDay - pauses new cycles and slices around withdrawals (off).
CashDayOfWeek - 0 Sunday, 1 Monday and so on (1).
CashCutoffHour - server hour after which no new slice fires (21).
Panel and chart
ShowPanel - panel on or off.
PanelX and PanelY - distance from the chart edge (12, 15).
PanelFontSize - base text size (9).
ShowArabic - second language line (on).
ShowChartMarks - plans and levels drawn on the chart (on).
MaxTableRows - order rows per grid (13).
PanelCorner - corner the panel is anchored to.
Entry trigger
EntryTriggerMode - the Balance of Power strategy by default.
SignalBarShift - 1 is the last finished bar.
SignalBarsDelay - bars between accepted signals (30; 0 every).
SignalValidBars - bars a signal stays usable (3).
SignalAllowBuy and SignalAllowSell - switch each side.
SignalReverse - turns the direction around (off).
Balance of Power
InpBOPSmooth - how many bars of raw Balance of Power are averaged; 1 uses the raw value (14).
InpBOPMAType - 0 simple average, 1 exponential average (0).
InpBOPMode - 0 the smoothed line crosses zero, 1 the smoothed line comes back from beyond the level band (0).
InpBOPLevel - the band for mode 1, in BOP units from 0 to 1 (0.15).
InpBOPBodyMin - Body Guard: the event candle's own raw BOP must be at least this on the trade side (0 off; see the test above).
InpBOPRangeMinATR - Range Guard: least window width in ATR (5; 0 off).
InpBOPRangeBars - Range Guard: window length in bars (20).
InpBOPATRPeriod - ATR length for the Range Guard (14).
InpBOPTrendFilter - 1 with the EMA side, 2 against it, 0 off (1).
InpBOPTrendMAPeriod - trend EMA length (200).
InpShowSignalArrows - arrow where a cycle armed (on).
InpShowBOPOnChart - past crossings on the live chart, arrow or grey dot (on).
Debug
DebugMode - extra journal detail (off).
Margin timeframe safety
UseMarginTFSafety - main switch (off).
Level1MarginPct and Level1TF - at 6000 percent the work moves to M15.
Level2MarginPct and Level2TF - at 5000 percent the work moves to H1.
MarginTFHysteresisPct - recovery needed before stepping back (500).
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Risk, plainly
Grid trading is risky. It adds to losing positions, uses no stop loss, and a long trend can keep the book open for a long time or, with lots too big for the balance, end in a stop-out and a heavy loss. Balance of Power is built from past candles and cannot see the next bar. No profit is promised. Pick lots that survive a bad run, test on your own broker, and only risk money you can afford to lose. No DLLs or extra files are needed.
If you use it, please leave an honest review of how it behaved for you, good or bad; it helps the next trader decide.
