Grid Deriv

Grid Deriv is an automatic grid-based system designed to exploit extreme price movements. It uses an initial entry based on Bollinger Bands and a stepped logic of counter entries to capture deep pullbacks, based on a mean reversion approach after volatility expansion.

Main features:

• Initial entry after Bollinger Band breakout.
• Subsequent entries in the opposite direction of the initial move.
• Automatic closure based on global Profit or Loss.
• Lot scaling modes: Fixed, Linear or X2 (geometric).
• Time filters and Bollinger Band configuration.

Key parameters:

• Initial lot size (0 = minimum lot): volume used for the first trade in the grid (0 uses symbol minimum).
• Lot mode: lot scaling mode for each new trade (Fixed, Linear, or Power of 2).
• Max orders per grid: maximum number of trades allowed simultaneously within a grid.
• Global TP / SL: closes all trades when the total profit or loss threshold is reached.
• Close at middle band: if enabled, the grid closes when price crosses the middle band.

Strategy:

The system waits for a breakout above or below the Bollinger Bands to trigger the first entry. Then, if price continues against the trade, it opens a sequence of grid entries in the opposite direction, as long as the required distance is met (based on volatility).

Recommendations:

• Use a conservative lot setup for small accounts.
• Enable autoLotScaling for progressive growth.
• Adjust Grid spacing factor if too many entries are triggered.
• Tweak Bollinger period and Bollinger deviation based on the asset.

It is recommended to test on a demo account before trading with real money.

This EA does not guarantee future results or profits. All trading involves risk, including the potential loss of all capital. Past performance does not ensure future results.