Technical Indicators for MetaTrader 4

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MetaTrader 4

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GridTeam EA

gridteam-ea-logo-200x200-6821
149 $112 $

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Information

Experts
MetaTrader 5
Huseyin Furkan Ozturk
2.50
5

Overview

GridTeam EA - Create your own grid robot

[ Set File ] [ My Channel ] 

All indicators in a single EA — choose what you want, optimize and run on multiple pairs simultaneously. Take full control. Set up your risk management yourself.

As default values, RSI indicator is used and was adjusted according to optimization results. It is not the best value. I believe you can find a better one.

One of the features that makes this EA beautiful is that when equity drawdown falls, it recovers within 1 month.

Another user-friendly feature has been added. You don't need to wait months to make withdrawals. To avoid constantly checking the screen while waiting for equity drawdown to improve to make withdrawals, it sends you notifications. For example, when equity drawdown rises up to 30% and you can't withdraw, when it falls back below 10%, it will send a notification recommending that you can make the withdrawal.

Indicator List

  • 0 - Custom Indicator (You will need to enter the Path)
  • 1 - RSI
  • 2 - Bollinger
  • 3 - MACD
  • 4 - Moving Average
  • 5 - Stochastic
  • 6 - CCI
  • 7 - Williams %R

Backtest Suggestion

Try to do long-term tests to understand the performance and reliability of the EA. You can test with a 1600$ balance in the default settings.

Custom Indicator - (It Will Be Your Special Robot)

Do you have an indicator that you use with pleasure? Then you can use it in this robot. Do you want to try something new? Then start looking for a useful new indicator in the market.
After downloading an indicator from the market, select "Custom Indicator" in the robot's inputs section. Write "Market/IndicatorName" in the Path section. When you don't enter it correctly and the indicator is not found, it will give you a warning on the chart. After selecting your indicator;

You need to select the Buffer Index. The buffer index generally when you add the indicator to the chart, starts showing new information in the "Data Window" window. In this section, the first data index belonging to the newly added indicator starts as 0, the following data goes as 1,2,3. However, in some indicators this buffer index may not start from 0. You should contact the indicator owner to confirm.

  • For buy and sell signals you must choose one of these. {IF NOT_EMPTY - IF LOWER_THAN - IF HIGHER_THAN - IF EQUAL}
  • You must choose the comparison method. {Current Bid price - Fixed Threshold}

For example:
In indicators like moving average you can choose Current Bid price. In indicators like RSI you can choose Fixed Threshold to give a fixed value.
For buy signal IF LOWER_THAN =>  if Current Bid price is selected, if the indicator's value falls below the pair's current value, this condition is met for the Buy operation.


Multi Pair or Single Pair - (We made Backtest easier)

For ease during testing, the option to test on a single chart "Current Chart" was added. If you want, you can also put it into operation on a single pair in live account. After using your own Indicator and testing it on all suitable instruments, you can test it on all instruments at the same time and put it into live operation. "Multi Chart" When the option is selected, the values in the Multi Chart tab should be used.
You can add 6 Instruments to use simultaneously and customize them

  • Symbol 1  (can be activated and deactivated with true - false)
  • Symbol 2  (true - false)
  • Symbol 3  (true - false)
  • Symbol 4  (true - false)
  • Symbol 5  (true - false)
  • Symbol 6  (true - false)

Make sure the symbols are the same as the symbols supported by your broker!


Volume Multiplier

If you want the LotSize of opened trades to grow as your balance grows, set "volume multiplier" to true. For the trades to double when your balance doubles, set your balance and the initialBalance parameter to the same value. It would be more logical for you to choose Based on Balance, so "Balance" will be selected by default. If you choose Equity, your current balance will appear lower due to open trades, so the lotsize harmony between trades may be affected.


About the Developer

He completed 10 years in his software development career. Finance and Mathematics enthusiast, that's why he has the passion to develop algorithmic-based trading robots for over 2 years. He developed believing that he is the architect of many algorithms and strategies he has developed. However, although he was disappointed to encounter similar algorithms in the financial market, he continues to develop with pride for having this ability. He believes that offering the robots he develops for free instead of selling them directly will contribute more to their development.

If you liked my robots and want to be informed about their new features, join my channel: Furkan's Robots

If you want to get set files for optimized instruments, send a private message.

Click to review my other products



30-Day Money Back Guarantee

If for any reason you do not like the purchased program, you can request a refund within 30 days from the date of purchase. You can also make an exchange for any other product at an equal cost or by paying the difference.
Simply send a request for refund or exchange with your order number by email: support@fx-market.pro.
Refund requests received more than 30 days after purchase will be rejected.

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