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.
The EA is supposed to be convenient and easy to use in trading the grid system. When I built the EA, I made the code simple and direct. I built it to trade with my own money before I share it with others, to make sure that it is safe and profitable.
? You can try this EA with any of my other products, here:
? You can try this EA with any of my other products, here:
✔️ The EA has a stop loss mechanism to protect the traded capital from unexpected results.
✔️ The default parameters are optimized for scalping with good profits.
✔️ 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. ( ? You can send me a private message if you want a free VPS).
✔️ FREE telegram group:
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.
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- 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.
- Use Stop Loss. Default is true.
Note. The stop loss of each order equals the [Grid Steps in points x Maximum Number of Trades]
- Use Stop Loss. Default is true.
2) Style Settings
- Show Breakeven