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Wise Grid MT5

The Wise Grid Expert Advisor is a Professional EURUSD Grid Trading System.

Money management is the key of this grid strategy success. Opening and closing times of the London Markets are the most important parameter for this system. 

It has a smart algorithm which detects the trend, filters out market noise. The expert creates orders on trend direction.

The Expert was tested in 20 years of EURUSD historical data. Please download it and test it yourself. The Wise Grid aims to keep the trade results stable.

Live Performance    Wise Grid MT4 ECN   >>>   https://www.mql5.com/en/signals/538856

       Wise Grid MT5 >>> https://www.mql5.com/en/signals/540829


Features

  • It is fully automated expert, you just need to let it run on a server
  • You do not need configuration or optimization work
  • Tested (Period: 1999-2018)
  • Spread Filter has added
  • Alerts are pop-up, push notification and sound alerts
  • Fully compatible with other Expert Advisors and manuel trading
  • Easy-to-use trading system for beginners, advanced and professional traders


My other products can be found here -----> https://www.mql5.com/en/users/ozkankara27/seller#products


How to Set 

Symbol & TimeFrame
  • Symbol: EURUSD
  • TimeFrame: You may choose every TimeFrame. I recommend H1
  • This expert is optimized for EURUSD. Every pair has their own characteristic. 

Risk

    • Risk Levels: Low, Medium, High
    • Important for beginners: If you aren't familiar with grid systems, please select Low Risk Level.

Winter TimeZone & Daylight Saving Time(DST)

  • It is important to set right TimeZone and Daylight Saving Time to your broker time.
  • You need to know your Broker's Winter GMT Offset and Daylight Saving Time active or not.
  • If you are not sure about this settings please ask to your brokerage firm.
Broker
  • Please choose ECN/STP brokers or low spread brokers
  • Low spread is everytime good for all systems. Please ask for low spread and commission from your broker.
  • 0.01 Micro lot must be available to trade
  • Some lot parameters are needed. Minimum Lot: 0.01 & Lot Increment: 0.01
Minimum Deposit
  • I don't recommend to run this expert, if your broker's leverage is lower than 100.
  • Minimum deposit is always shown on chart. Minimum deposit list below (Calculated by brokers leverage)
LeverageMinimum Deposit Recommended
1:5006000 Yes
1:4007000 Yes
1:3007000 Yes
1:2008000 Yes
1:10010000 Yes
1:5015000 No
1:3320000 No
1:2525000 No
1:2030000 No
1:1055000 No

Input Parameters

  • Broker's Winter GMT Offset: Your broker's timezone in winter (Default +2)
  • Daylight Saving Time: If your broker's time is observed DST, choose true.
! IMPORTANT TO SET THESE PARAMETERS         * Broker's Winter GMT Offset          * Daylight Saving Time
  • Risk Level: Low, Medium, High (Default: Low)

Lot start and Lot increment values are calculated by your account free margin, risk level and deposit.

  • Max Orders: It shows maximum orders at the same time. (Default: 30)
  • Order Magic Number: Magic number for this expert's orders
  • Max Slippage (in points): Maximum deviation from quoted price (its just for instant execution type brokers)
  • Order Comment: You may add a comment to your trades
  • Enable Spread Filter: If this is true, spread is checked everytime before enter any order. 
  • Max Spread (in points): Maximum spread which is allowed
  • Push Notification Alerts: If this is true, it will send notifications to your phone
  • Pop-Up Alerts: If this is true, it will show a message to your computer screen
  • Play Sound Alerts: If this is true, it will play sound file when a signal is produced
  • Sound File: If 'Play Sound Alerts' parameter is true, the expert plays this sound file on opening or closing orders
  • Show Informations On Chart: If this is true, real time informations are shown on main chart


About Author

Hello, My name is Ozkan. I am a Quant Trader (Algorithmic Trading Software Developer).
I have been developing Algorithmic Trading Systems since 2008. I usually work on major currencies, CFD and Futures.
I am interested in Statistical Arbitrage and Signal Processing on any market’s data. My main goals are developing and selling new strategies for the financial markets.
Do you like Wise Grid? Please write a review.
If you require any further information, feel free to contact me

Best Regards, Ozkan



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版本 1.1 2019.02.14
- Trade Server Errors modified