Expert Advisors and Indicators for MetaTrader 5

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MetaTrader 5

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Super Smart Grid MT5

super-smart-grid-mt5-logo-200x200-1865
300.00 USD213.00 USD

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Information

Experts
MetaTrader 5
Manuraj Dhanda
2.6
5

Overview

Super Smart Grid is a complete package with multitude of strategies built-in, yet simple to use.

Advantages of Super Smart Grid EA:

  • Easy to setup
  • Suitable for all levels of traders
  • Any timeframe on any chart
  • Built-in configurable Averaging function
  • Grid distance coefficient
  • Grid Lot coefficient
  • News Filters
  • Time Filters
Recommendations:

  • For controlled risk, use on M5, M15 or higher timeframe
  • Test on demo accounts for at least 2-4 weeks before going live
  • ECN broker is always recommended.
  • A low latency VPS is always recommended.

Parameters Explained:

EA General Settings
  • IsDashboardCommentOn: if true, Turn on Dashboard Comments
  • MagicNumber: Magic Number for this EA on this chart
  • Slippage: Max Slippage permitted for trade orders
  • Comment: Default "SSG". User can put whatever text s/he wants to display in Comments
  • Comment X Position: X co-ordinates to display comments
  • Comment Y Position: Y co-ordinates to display comments

Position Sizing Settings
  • Lots: Default 0.01. User can set Starting Lot
  • MaxLotSizePermitted: Dafault 0.10 for Max Lotsize Permitted. User will never have a bigger LotSize than specified here
  • Position Sizing Method: Select One. [Lot Step/Grid Lotsize Coefficient/Martingale/Lots Sum]
  • Lot Step: Default 0.01 for Lot Step Selection
  • GridLotSizeCoefficient: Default 1.05 for Grid Lotsize Coefficient. A value above 1 will increase LotSize for every new level and vice-versa

Risk Control Settings
  • Position Count to Start Risk Control: Dafault 8 Positions Count to Start Risk Control. After 8 (By OR Sell individually)positions, EA will try to close the First position using profit of the last positions combined.
  • Position Count to Activate BreakEven: Default 20 Positions Count to Activate BreakEven. EA will try to close all positions at breakeven after 20 trades.
  • Minimal Profit Amount to close Risk Positions: Default 1 dollar/Euro etc. Minimal profit amount to close Risk Positions(Averaging/Breakeven)
  • Max Positions Allowed: Default 30 Max Positions Allowed to Open in each directions (For Example: 30Buys/30Sells)
  • Use Signals For First Trade Only: Default false. If True, any additional grid will only open if Min distance and Signals are positive
  • Enable Trade Only Once Per Bar: Default true. Default current chart timeframe. Enable Trade Only Once Per Bar on selected timeframe
  • Stop Opening New Positions: Default false. When User Set it to True, EA will Stop Opening anymore New Positions.

TP & SL Settings
  • Enable StopLoss At Max Positions: Default false; If true, EA will start closing First position when Total Trades reach a count of Max Positions specified in above settings.
  • Units for Calculating MinDistance, TP: Select from Pips/Points
  • Min Distance: Default 50. Min Distance between Grids
  • Grid Distance Coefficient: Default 1.1 for Grid Distance Coefficient. A value above 1 will increase distance for every new level and vice-versa
  • Take Target: Default 55. Take Target for Profit

News Filter Settings

For News Filter to work, Go to "Tools"->"Options"->"Expert Advisors"->"Allow WebRequest for listed URL", Add this url: http://ec.forexprostools.com

  • News High Impact: Default false; Enable High Impact News
  • News Medium Impact: Default false; Enable Medium Impact News
  • News Low Impact: Default false; Enable Low Impact News
  • Stop Before News (In Minutes): Default 15 Mins; Stop trading Before News (In Minutes)
  • Stop After News (In Minutes): Default 15 Mins; Stop trading After News (In Minutes)

Day/Time Filter Settings
  • Allowed Days: Default "MON, TUE, WED, THU, FRI, SAT, SUN"; Allowed days(Comma separated and First three letters)
  • Start Time: "0:00"; Start Time(HH:MM, 24HRS Format, 00:00 to 23:59)
  • End Time: "23:59"; End Time(HH:MM, 24HRS Format, 00:00 to 23:59)
  • Holiday Period: "2019/07/14-2019/07/16" In Format (YYYY/MM/DD - YYYY/MM/DD). Set past period to ignore

Rest of the settings are common indicators. If user want to use it, they can enable it.

We have a discussion (Share 'n Care) group on Telegram. To become part of it, just ping/message me.

The program is distributed on an “as is” basis.

All modifications and updates are made at the discretion of the author.



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