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EZ Volchok is a fully automatic grid trading advisor that enters a trade at the moment of a trend reversal. The basis is the author’s indicators based on Bollinger bands and moving averages. If the price moves in the direction opposite to the direction of the transaction, the grid system will control the trade.

 Advantages and features

  • It is fully automated and does not require extra attention
  • Suitable for working with any brokers
  • The minimum recommended deposit is from$1000
  • There is a function of automatic calculation of the volume based on the size of the deposit
  • A simple mechanism for manipulating risk by changing the volume calculation parameters
  • Uses virtualStop Loss and Take Profit, which your broker will not be able to see
  • Take Profit and Grid parametersStep is specified for 5 decimal places, if necessary, the Expert Advisor will recalculate for other cases
  • For smooth operation, we recommend using a VPS
  • Optimized to work on EURUSD M5. It is recommended to use the default settings

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I will be happy to answer any questions about the work and configuration of the adviser!

Input Parameters

Parameters of Indicators

  • Indicator 1 Period – The number of bars to calculate the first indicator.
  • Indicator 2 Period – The number of bars to calculate the second indicator.
  • Indicator Deviation – The deviation rate of the indicator.

  Grid Parameters

  • Take Profit – The distance through which the profit is fixed.
  • Grid Step – The distance that the price must pass to open the next order in the grid.
  • Number of Trades in Grid – The number of transactions in the grid.
  • Grid Multiplier  The multiplier of the volume of the next transaction in the grid.
  • Gap Recognition-Enabling the gap recognition module( price gaps), in case of strong gaps, the volume of the next transaction in the grid will be recalculated to completely cover the losses from the previous ones. (The recommended value is true)

  Volume Parameters

  • Autolot-The switch for Automatically determining the volume of transactions, if True, the volume will be calculated automatically.
  • Autolot Parameter – (if Autolot=true) Parameter for automatic calculation of the transaction volume (Calculated using the formula Lot =Balance*Parameter/100000) For example, with parameter 1 and deposit 10000, the volume will be 0.1 lots. With the parameter 5 and a deposit of 5000, the volume will be 0.25 lots.
  • Fix Lot – A fixed volume in lots.
  • Magic Number – The magic number of the Expert Advisor.

      Stop Loss in points (ticks) will be equal to: Number of Trades in Grid* Grid Step.

     

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