Bermaui Manual EA

This is a semi-automatic expert advisor that trades the grid system. The idea is to gradually take different positions in the market, then to calculate the break-even level for them. When the prices pass this break-even by a predetermined distance all opened orders are closed.

Important Features

The EA has a stop loss mechanism to protect the traded capital from unexpected results.

You can trade any MT4 symbol like EURUSD - XAUUSD - Oil - Bitcoin.

You can trade any MT4 time-frame.

I recommend running the EA from a VPS.

Parameters and default settings

1) MONEY MANAGEMENT SETTINGS

  Start Lot.Recommended with the default settings to be 0.01 for each 500$ with a leverage 1:400 or more.

  Lot Exponent.The multiplying size for the next order. As example, if the Start Lot is 0.01 and the lot exponent is 2 then, the lot size of the grid will go like this: 0.01 – 0.02 – 0.04 – 0.08…etc.

  Take Profits in points.The profit distance after break-even measured in points. Default is 50 points (or 5 pips).

  Grid Steps in points.The distance before opening a new order in the grid measured in points. Default is 50 points (or 5 pips).

  Maximum Number of Trades.Default is 30 order.

2) STYLE SETTINGS

  Show Breakeven & Target.This option is good in visual mode.

  Buy Breakeven Color.Default is Lime Green.

  Sell Breakeven Color.Default is Coral.

  Order's Alert Sound.This is the option to play a sound when a new order is triggered or closed.

Remember to risk what you afford to lose.

If you have any questions then please, contact me via a private message or, write them in the comment section.
Muhammad Al Bermaui, CMT