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GRID Manual v02

Grid robot that maintains every open position opened by the trader.

The buttons on the screen are used for opening the initial trade.

The yellow labels display the price of total breakeven for each grid.

The light blue labels display the level of total take profit for orders of each grid. The take profit is virtual.

With each subsequent opened order the take profit of the grid is adjusted to get the total profit in the sum of the profit of the initial order, regardless of the size of all lots in the grid. This ensures the quickest way out of a possible drawdown.

The robot allows to open multiple grids on the same instrument in different directions, and processes them correctly.


Parameters

  • First lots on series - the lot of the first order in each grid.
  • Lots exponent - the multiplier to increase the lot of the next order in the grid.
  • Grid distance - the distance between the orders in each grid.
  • Maximum orders on series - the maximum number of orders in each grid.
  • TP first order on series - take profit of the first order in the grid.
  • Trail start function (pips profit) - the profit distance to activate the stop loss tailing function.
  • Trail distance (pips) - the distance from the current price to the stop loss during trailing.
  • MagicNumber: 0...65535 (no greater than 65535).


    Notes

    The calculation of the initial lot in the series must be performed with the consideration of the deposit size, leaving a substantial margin for increasing the lots. It is recommended to start trading from the minimal allowed lot for the instrument.

    For a stable and reliable profitable operation, it is recommended to use the accounts with small leverage value.

    It is not recommended to overload the deposit with a large number of simultaneously opened grids.


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    InvestSoft
    4.98 (367)
    实用工具
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    Alfiya Fazylova
    4.91 (87)
    实用工具
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    Trinh Dat
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    Vladislav Andruschenko
    4.66 (67)
    实用工具
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    DaneTrades Ltd
    4.4 (10)
    实用工具
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    Vladislav Andruschenko
    4.88 (60)
    实用工具
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    MEETALGO LLC
    4.82 (28)
    实用工具
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    Vu Trung Kien
    4 (8)
    实用工具
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    Igor Zizek
    5 (38)
    实用工具
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    Vyacheslav Izvarin
    实用工具
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    Omar Alkassar
    实用工具
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    Haidar, Lionel Haj Ali
    5 (9)
    实用工具
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    DaneTrades Ltd
    5 (2)
    实用工具
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    Discord To MT4 Copier
    Trinh Dat
    5 (2)
    实用工具
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    Eric Emmrich
    5 (27)
    实用工具
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    Mentfx Mmanage
    Anton Jere Calmes
    5 (16)
    实用工具
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    Nguyen Van Anh
    4.5 (4)
    实用工具
    MT4 Alert Signal Trader  is an EA that helps you trade MT4 Alert popup. Some indicators can provide signals by showing an alert popup containing signal texts. This EA will read and trade these signal texts. The alert texts should contain at least 2 elements:  (1) a symbol text   (ex: "EURUSD") and  (2) a command type   (ex: "Buy", "Sell", "Close") that trigger EA's trading activities. Some other contents that may have or not are open price, stop loss, take profit values... The EA needs an aweso
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    Trinh Dat
    4.73 (11)
    实用工具
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    BLAKE STEVEN RODGER
    4.33 (15)
    实用工具
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    Hispraise Chinedum Abraham
    5 (2)
    实用工具
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    Trinh Dat
    4.29 (7)
    实用工具
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    Rui Manh Tien
    4.75 (12)
    实用工具
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    Eric John Pajarillaga Aldana
    5 (4)
    实用工具
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    Mohamed Elsayed
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    实用工具
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    5 (2)
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    Leolouiski Gan
    5 (17)
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    Clim Fandeev
    专家
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    Clim Fandeev
    指标
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    Clim Fandeev
    专家
    This Expert Advisor is based on the famous Morning channel breakout strategy. At the appointed hour, the EA plots a channel using High and Low of the specified number of candles of the selected Timeframe . Filtering is performed by the size of the channel range. The BuyStop and SellStop orders with the initial lot are placed at the channel boundaries. If one of the pending orders triggers, the other one is deleted. The EA marks the Breakeven price on the chart with yellow icons. If the price pas
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    Clim Fandeev
    专家
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