ZigzagGridMartinEA

This EA builds a symmetric grid of market orders and toggles Buy/Sell modules based on ZigZag direction. It can grow lots with martingale, and it resets on equity profit/loss, ZigZag direction change, Close All, or Flip. You can change every parameter live from the panel.

How it works

1. Read ZigZag direction (in AutoZZ mode).

   • up → only Buy module active

   • down → only Sell module active

2. If the module is active and the distance to the nearest open in that module ≥ GridStep, the EA opens a new market order.

3. Optional: assign per-position TP/SL.

4. If Martingale is on, each new order in the same module uses
   lot = base_lot × (Multiplier ^ open_count_in_module) .

5. When equity change hits Global Profit % or Global Loss %, the EA resets: closes positions (scope depends on your setting) and restarts the initial routine.

6. On ZigZag direction change, the EA resets if KeepPositionsOnDirChange = false .

Panel shortcuts

• Start / Stop – run/pause the EA.

• Close All – close positions (either account-wide or just this EA, per your setting).

• Flip – invert the active side (works in AutoZZ/BuyOnly/SellOnly).

• Info lines – Balance/Equity/Margin, P/L, trade count & volume, equity %, current martingale multipliers.

Parameters that matter (and what to watch)

1) General

• TradeMode: AutoZZ , BuyOnly , SellOnly , Both

  • AutoZZ is safer: only one side trades with trend bias from ZigZag.

  • Both opens both sides (higher exposure and margin use).

• GlobalProfit% / GlobalLoss% – equity basket levels that trigger a reset.

• CloseAllPositionsOnReset

  • true : close all account positions.

  • false : close only this symbol & this EA’s magic numbers.

• KeepPositionsOnDirChange

  • false (recommended): reset on ZigZag flips to avoid fighting the new trend.

2) ZigZag (Depth / Deviation / Backstep)

• Larger values = less noise, fewer direction flips.

• Too small = frequent flips/resets and overtrading.

3) Grid & TP/SL (Buy & Sell modules)

• GridStepPoints – spacing in points from the nearest open in that module.

  • On 5-digit FX: 1 pip = 10 points (e.g., 50 points = 5 pips).

• Per-Position TP/SL – TP/SL applied to each order.

  • If TP/SL is very tight, spread/slippage can cause missed or premature closes.

4) Martingale

• Enable with UseMartingale and set Multiplier > 1.00.

• If ≤ 1.00, the EA warns and won’t scale up lots.

• Risk: in strong trends, position size grows fast. Pair it with a sensible GlobalLoss%.

5) Lot type

• Fixed – constant base lot.

• Auto – base_lot = (Equity / 10,000) × AutoLot

  • Example: Equity $3,000, AutoLot = 0.02 → 0.006 lot.

  • AutoLot is not a percent; think “lots per 10k equity.”

6) Magic numbers

• InpMagicBuy / InpMagicSell – avoid clashes with other EAs.

7) Dependencies

• ZigZag indicator must be compiled at Indicators\Examples\ZigZag .

  • If missing, AutoZZ won’t trade (the EA pauses that mode and warns).

Safe starting presets (majors on M15–H1)

Cautious (demo / first run)

• TradeMode: AutoZZ

• GlobalProfit% / GlobalLoss%: 1.0–2.0 / 2.0–3.0

• KeepPositionsOnDirChange: false

• GridStepPoints: 80–120 (8–12 pips)

• Per-TP/SL: Off (observe first)

• UseMartingale: Off

• Lot: Fixed 0.01, or AutoLot 0.01 (≈ 0.01 per 10k equity)

Balanced

• TradeMode: AutoZZ

• GlobalProfit% / GlobalLoss%: 2–3 / 3–4

• GridStepPoints: 60–90 (6–9 pips)

• Per-TP: On, TP = 100–150 pts (10–15 pips)

• UseMartingale: On, Multiplier = 1.3–1.5

• AutoLot: 0.02 (≈ 0.02 per 10k equity)

Aggressive (testing only / experienced)

• TradeMode: Both or AutoZZ

• GlobalProfit% / GlobalLoss%: 4–6 / 5–7

• GridStepPoints: 40–60 (4–6 pips)

• Per-TP/SL: On, TP = 80–120, SL = 150–250 pts

• UseMartingale: 1.7–2.0 (high risk)

• AutoLot: 0.03–0.05

Note: On crypto/commodities or high-volatility symbols, increase GridStep, widen TP/SL. Always confirm the symbol’s point/pip format before setting numbers.

Practical tips

• ZigZag tuning: Higher Depth/Deviation reduces “fake” flips and lowers reset frequency.

• Spread/Slippage: The EA uses trade.SetDeviationInPoints(3) . Don’t set ultra-tight TP/SL during wide-spread hours.

• Timeframe: On H1, wider GridStep and TP are usually healthier.

• No hard max positions: There’s no built-in cap. Your real safety valves are GlobalLoss% and a modest Multiplier.

• Flip button: Handy to manually switch bias at turns; not used in Both mode.

• Reset scope: If you run other EAs, keep CloseAllPositionsOnReset = false so you only close this EA’s trades.

• Uptime: Use a VPS to avoid missing resets or panel actions.

• Testing path: Backtest → demo → small live. Scale slowly.

Pre-trade checklist

1. ZigZag indicator present, compiled, and loaded?

2. Symbol specs (point size, min/max/step) match your lot/point settings?

3. TradeMode set correctly (AutoZZ recommended)?

4. GlobalProfit% / GlobalLoss% realistic for your risk?

5. GridStep sized to volatility?

6. If using martingale, start with Multiplier ≤ 1.5.

7. Magic numbers don’t collide with other EAs?

8. Pressed Start and checked the log for warnings/errors?

Disclaimer

Grid + martingale is high risk. Test gradually, always set equity-based protection (GlobalLoss%), and start with one symbol. This is not investment advice; you are responsible for the outcome.