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PZ Grid Trading EA MT5

0.00

[ Manual
consumer
| Manual
setup instructions
| Manual
by update
| Elimination
problems
| FAQ
| these
goods
]

benefits

  • easy to setup and control
  • It doesn’t depend on time
  • No indicators or careful analysis is required
  • Trading price ranges, not trading settings
  • Requires little forecasting of the market
  • Regularly extracts money from the market

Features

  • It can trade long, short, or bidirectional
  • It can trade many simultaneous symbols
  • Grids can be closed or suspended at the trader’s discretion
  • Implements directional and bi-directional target profit
  • Does not trade open grids, exposure is limited
  • The grid configuration can be changed on the fly
  • Risk and exposure are pre-calculated and displayed
  • It implements three different behaviors
  • Works on Forex, CFDs and futures

This is probably the most flexible Grid Trading Expert Advisor you will ever find, and it can be used in many different ways
ways.

Where to start

  1. Upload the Expert Advisor to any chart and timeframe
  2. Choose the direction of trade (buy, sell or bidirectional)
  3. Edit the interval and number of trades until the risk is acceptable
  4. Start the grid

Usage Tips

  • If the market is cheap, trade only for a long time
  • If the market is overvalued, only trade short positions
  • I don’t feel obligated to do bidirectional trading
  • Do not load the EA twice on the same symbol
  • Avoid the trade in the direction from the high cost of the swap
  • Like to trade in the direction of positive swaps (earn swaps)
  • Trade with a VPS or leave your trading computer turned on 24/5
  • Do not unload the Expert Advisor to ensure the atomicity of the process
  • There is no need to change the magic number from character to character
  • Use the phase (money multiplier) of each grid to compensate for the floating point
  • Set a price limit for each grid on the inputs to increase profitability
  • Use profit targets to reset the grid regularly

Technical information

  • The EA evaluates the closing of the M1 bar
  • The swap price is displayed on the chart
  • There are no stop-loss or take-profit orders in trading
  • The EA uses market orders, the spread is not a problem
  • The EA will not trade live if there is a risk of a margin call with the current settings

Input parameters

  • Trade direction: it can be long, short, or bidirectional.
  • Bidirectional profit target: A combined profit target for a bidirectional grid.
  • For each direction of trade:
    • Behavior
      – Normal: the Mesh is working fine, adding and closing of the transaction.
      – Pause: sitting without
      affairs. Trades are not placed and are not closed.

      – Averaging: Tries to exit the grid at the average price of all trades.

    • Trades: The number of trades in the grid. More trades means more risk.
    • Interval: the distance in pips between trades. More distance means more risk
    • Lotsize: The lot size of each grid trade. The larger the lot size, the greater the risk.
    • Phase: Multiplier on trades. Use this to increase your profits.
    • Take profit: the profit target for resetting the grid. Use it when you want to collapse the grid.
    • Limit price: the price at which you do not want the EA to continue trading (zero = not used)
    • Anchor price: the reference price for the grid at which the EA also stops trading (zero = not used)
  • Colors and sizes: this group of parameters contains the parameters associated with the visual design.
  • Magic Number: The Expert Advisor uses a magic number to determine its trades
  • Custom Comment: Enter your custom comment for trades

author

Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solution.

[spoiler title=”Read More…”]

[ Manual
consumer
| Manual
setup instructions
| Manual
by update
| Elimination
problems
| FAQ
| these
goods
]

benefits

  • easy to setup and control
  • It doesn’t depend on time
  • No indicators or careful analysis is required
  • Trading price ranges, not trading settings
  • Requires little forecasting of the market
  • Regularly extracts money from the market

Features

  • It can trade long, short, or bidirectional
  • It can trade many simultaneous symbols
  • Grids can be closed or suspended at the trader’s discretion
  • Implements directional and bi-directional target profit
  • Does not trade open grids, exposure is limited
  • The grid configuration can be changed on the fly
  • Risk and exposure are pre-calculated and displayed
  • It implements three different behaviors
  • Works on Forex, CFDs and futures

This is probably the most flexible Grid Trading Expert Advisor you will ever find, and it can be used in many different ways
ways.

Where to start

  1. Upload the Expert Advisor to any chart and timeframe
  2. Choose the direction of trade (buy, sell or bidirectional)
  3. Edit the interval and number of trades until the risk is acceptable
  4. Start the grid

Usage Tips

  • If the market is cheap, trade only for a long time
  • If the market is overvalued, only trade short positions
  • I don’t feel obligated to do bidirectional trading
  • Do not load the EA twice on the same symbol
  • Avoid the trade in the direction from the high cost of the swap
  • Like to trade in the direction of positive swaps (earn swaps)
  • Trade with a VPS or leave your trading computer turned on 24/5
  • Do not unload the Expert Advisor to ensure the atomicity of the process
  • There is no need to change the magic number from character to character
  • Use the phase (money multiplier) of each grid to compensate for the floating point
  • Set a price limit for each grid on the inputs to increase profitability
  • Use profit targets to reset the grid regularly

  • easy to setup and control
  • It doesn’t depend on time
  • No indicators or careful analysis is required
  • Trading price ranges, not trading settings
  • Requires little forecasting of the market
  • Regularly extracts money from the market
  • It can trade long, short, or bidirectional
  • It can trade many simultaneous symbols
  • Grids can be closed or suspended at the trader’s discretion
  • Implements directional and bi-directional target profit
  • Does not trade open grids, exposure is limited
  • The grid configuration can be changed on the fly
  • Risk and exposure are pre-calculated and displayed
  • It implements three different behaviors
  • Works on Forex, CFDs and futures

This is probably the most flexible Grid Trading Expert Advisor you will ever find, and it can be used in many different ways
ways.

Usage Tips

  • If the market is cheap, trade only for a long time
  • If the market is overvalued, only trade short positions
  • I don’t feel obligated to do bidirectional trading
  • Do not load the EA twice on the same symbol
  • Avoid the trade in the direction from the high cost of the swap
  • Like to trade in the direction of positive swaps (earn swaps)
  • Trade with a VPS or leave your trading computer turned on 24/5
  • Do not unload the Expert Advisor to ensure the atomicity of the process
  • There is no need to change the magic number from character to character
  • Use the phase (money multiplier) of each grid to compensate for the floating point
  • Set a price limit for each grid on the inputs to increase profitability
  • Use profit targets to reset the grid regularly
  • If the market is cheap, trade only for a long time
  • If the market is overvalued, only trade short positions
  • I don’t feel obligated to do bidirectional trading
  • Do not load the EA twice on the same symbol
  • Avoid the trade in the direction from the high cost of the swap
  • Like to trade in the direction of positive swaps (earn swaps)
  • Trade with a VPS or leave your trading computer turned on 24/5
  • Do not unload the Expert Advisor to ensure the atomicity of the process
  • There is no need to change the magic number from character to character
  • Use the phase (money multiplier) of each grid to compensate for the floating point
  • Set a price limit for each grid on the inputs to increase profitability
  • Use profit targets to reset the grid regularly
  • The EA evaluates the closing of the M1 bar
  • The swap price is displayed on the chart
  • There are no stop-loss or take-profit orders in trading
  • The EA uses market orders, the spread is not a problem
  • The EA will not trade live if there is a risk of a margin call with the current settings

Input parameters

  • Trade direction: it can be long, short, or bidirectional.
  • Bidirectional profit target: A combined profit target for a bidirectional grid.
  • For each direction of trade:
    • Behavior
      – Normal: the Mesh is working fine, adding and closing of the transaction.
      – Pause: sitting without
      affairs. Trades are not placed and are not closed.

      – Averaging: Tries to exit the grid at the average price of all trades.

    • Trades: The number of trades in the grid. More trades means more risk.
    • Interval: the distance in pips between trades. More distance means more risk
    • Lotsize: The lot size of each grid trade. The larger the lot size, the greater the risk.
    • Phase: Multiplier on trades. Use this to increase your profits.
    • Take profit: the profit target for resetting the grid. Use it when you want to collapse the grid.
    • Limit price: the price at which you do not want the EA to continue trading (zero = not used)
    • Anchor price: the reference price for the grid at which the EA also stops trading (zero = not used)
  • Colors and sizes: this group of parameters contains the parameters associated with the visual design.
  • Magic Number: The Expert Advisor uses a magic number to determine its trades
  • Custom Comment: Enter your custom comment for trades

author

Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solution.

  • Trade direction: it can be long, short, or bidirectional.
  • Bidirectional profit target: A combined profit target for a bidirectional grid.
  • For each direction of trade:
    • Behavior
      – Normal: the Mesh is working fine, adding and closing of the transaction.
      – Pause: sitting without
      affairs. Trades are not placed and are not closed.

      – Averaging: Tries to exit the grid at the average price of all trades.

    • Trades: The number of trades in the grid. More trades means more risk.
    • Interval: the distance in pips between trades. More distance means more risk
    • Lotsize: The lot size of each grid trade. The larger the lot size, the greater the risk.
    • Phase: Multiplier on trades. Use this to increase your profits.
    • Take profit: the profit target for resetting the grid. Use it when you want to collapse the grid.
    • Limit price: the price at which you do not want the EA to continue trading (zero = not used)
    • Anchor price: the reference price for the grid at which the EA also stops trading (zero = not used)
  • Behavior
    – Normal: the Mesh is working fine, adding and closing of the transaction.
    – Pause: sitting without
    affairs. Trades are not placed and are not closed.

    – Averaging: Tries to exit the grid at the average price of all trades.

  • Trades: The number of trades in the grid. More trades means more risk.
  • Interval: the distance in pips between trades. More distance means more risk
  • Lotsize: The lot size of each grid trade. The larger the lot size, the greater the risk.
  • Phase: Multiplier on trades. Use this to increase your profits.
  • Take profit: the profit target for resetting the grid. Use it when you want to collapse the grid.
  • Limit price: the price at which you do not want the EA to continue trading (zero = not used)
  • Anchor price: the reference price for the grid at which the EA also stops trading (zero = not used)
  • Colors and sizes: this group of parameters contains the parameters associated with the visual design.
  • Magic Number: The Expert Advisor uses a magic number to determine its trades
  • Custom Comment: Enter your custom comment for trades

author

Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solution.

[/spoiler]

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