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A multi-currency grid Expert Advisor, in most cases, receives fairly accurate inputs. If the entry is not accurate enough, the positions are
managed using a carefully thought-out martingale strategy.

Working on a real account: 

The entry is made according to the signals of the RSI and Stochastic indicators, in the overbought/oversold zones, plus an additional
entry condition according to the author’s algorithm.

Recommended timeframe – M15

Input parameters

  • setName – the name of the current settings
  • MagicNumber – MagicNumber, an identification number for a pair.
  • slip – slip
  • Lots – lot size
  • DepoPer001Lot-automatic lot calculation (specify the number per unit of 0.01 lot) (if 0, the lot value from
    the Lots parameter is used)
  • LotExponent – The value by which the lot of the current open order will be multiplied.
  • BaseLotLevelCount – The number of knees that will be opened sequentially with the base lot
  • PipStep – Minimum allowed distance between grid orders
  • GridAvgComissionSwap-Take into account the commission and swap when calculating the breakeven of the grid
  • MaxTrades – Maximum number of averaging knees
  • TakeProfit-Basic Take Profit
  • Lvl1 – № The order (knee) starting from which the TakeProfit will be equal to TPS1
  • TPS1-Take after opening Lvl1 knee
  • Lvl2 – № The order (knee) starting from which the TakeProfit will be equal to TPS2
  • TPS2-Take after opening the Lvl2 knee
  • UpdateSecond-Frequency of checking current levels
  • TrailStart – After how many points the trailing stop starts
  • TrailStop – The distance from the current course (points) at which the stop moves after the start of the trailing (TrailStop=0
    disabled)
  • TrailLvl1, TrailStart1, TrailStop1, TrailLvl2, TrailStart2, TrailStop2-Changing the trailing depending on
    the number of orders, similar to Lvl1, TPS1, Lvl2, TPS2

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Login Settings

  • PeriodRSI – The period of the RSI indicator
  • RsiChannel-The width of the channel at the exit for which the entry conditions will be checked, at 20 it is 70/30 (50 20/50-20)
  • KPeriod – Period (number of bars) for calculating the % K stochastic line
  • dPERIOD – The averaging period for calculating the % D stochastic line
  • Slowing – The value of the stochastic deceleration
  • StochChannel – The width of the channel at the exit for which the entry conditions will be checked, similar to the RSI

Lock Settings

  • LockAfterSeriesCount – № Order (knee), starting from which the locking order will be opened
  • LockGridPercent – Which part of the grid will be covered by the locking order

Other settings

  • SMaxDrawdownPercent – The drawdown level in percent, after which the averaging orders will stop opening
  • MaxSpread – Maximum Spread
  • VisualDebug-Displaying additional information on the chart

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