Trading Robots for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
Grid EX is an Expert Advisor base on grid，It will also open two-way trading, which is suitable for volatile non-delivery currency pairs.
Features:
- Easy to set up;
- Suitable for any timeframe;
- Use average price to calculate take profit and trail stop;
- Dynamic grid (the larger the level, the larger the grid);
- Balance management (maximum level and maximum lot can be set).
The trading model of Grid EX:
When the price rises, open an bid order of larger lots at higher price to pull the average price higher, and when the rise is weak and starts to fall, you can quickly return to profit and profit;
And when the price falls, it's the same situation.
Grid EX is suitable for volatile non-delivery currency pairs.
Paramters :
Long order settings :
- max level of long order : Limit the maximum number of orders in a certain direction, 0 is unlimited.
- max lots of long order : maximum lots of order in a certain direction, 0 is unlimited.
- Open long orders with trend : when current price is higher than trend line, it will open buy orders without MA signal, same as the oppsite.
- Open long orders with MA signal after level : open long orders with MA signal after specified level, 0 is unlimited.
- Fast line of MA signal for open orders : fast line of MA signal for open orders.
- Slow line of MA signal for open orders : slow line of MA signal for open orders.
- Long orders lots increase type :
no increase : lots never increased, like: (0.01, 0.01, 0.01, 0.01, ...);
fix increase : lots per level is base lots * level, like (0.01, 0.02, 0.03, 0.04, ...);
fibo increase : lots per level is the value in the Fibonacci sequence, like (0.01, 0.02, 0.03, 0.05, 0.08, ...);
power increase : lots per level is the power of 2，line(0.01, 0.02, 0.04, 0.08, 0.16, ...).
- Long orders base lots : base lots of long lots.
- Long orders scale grid by trend : scale grid by trend.
- Long orders grid step increase type :
no increase : fixed step, like (100, 100, 100, ...);
fix increase : step per level is mim grid * level, like (100, 200, 300, 400, ...);
fibo increase : step per level is the value in the Fibonacci sequence, like (100, 200, 300, 500, 800, ...);
power increase : step per level is the power of 2, like (100, 200, 400, 800, 1600, ...).
- Long orders minimum grid step size, (Point) : minimum grid size of long orders.
- Long orders use dynamic takeprofit by trend : calculate takeprofit buy trend of long orders.
- Long orders minimum take profit, (Point) : take profit of long orders.
- Long orders use dynamic trailing stop by trend : calculate trailing stop by trend of long orders.
- Long orders trailing stop, (Point) : trailing stop of long orders.
Trend order settings :
- Enalbe trend orders after level : enalbe trend orders after specified level.
- Trend orders base lots : base lots of trend lots.
- Trend orders grid step size, (Point) : grid size of trend orders.
- Trend orders trailing stop for all orders in long orders mode, (Point) : trailing stop of all orders when imaking trend orders.
Trend settings :
- Trend time frame : calculate trend time frame.
- Trend line of MA making long orders : the period of MA for calculate trend line.
- Trend period for adx : the period of ADX Indicator.
- Trend plus for adx : the divisor for calculate trend.
- Slippage : the slippage。
- Show account info : information such as the number of buy and sell order lots.
- show average price line : show the average open orders price line, take profit line, trailing stop line.
- Stop trading at : time input format is (hh:mm:ss), such as 03:00:00, that is, stopped trading after 3 o'clock.
- Start trading at : time input format is (hh:mm:ss).
- Close all orders after stop trading : close orders in trading stop time.
- Order type :
buy and sell;
buy only;
sell only;
stop orders.
Please notice when you are using Grid EX：
- This trading system does not guarantee profitability forever；
- Please test EA on a demo account for at least one month before using it for real trading；
- It is recommended to use VPS service to improve test quality；
- Don't give yourself too much risk；
- Different brokers may need to use different settings, tested in the strategy tester；
- The test effect of the strategy tester is not equal to the effect of the real；
- As much as possible to watch the operation of the trading program, to ensure that it does not bring too much risk to yourself, please adjust the settings when necessary。
