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If you are looking for a Best Grid EA. DON’T MISS IT!

The King EA combine 2 Strategy, which strategy in all top Grid EA Include in The King EA.

With only 1 EA, you can change setting to use many Strategy you want to get good result.

It good to combo with Trend arrow Indicator to follow Trend and Sellect Buy Only/Sell Only for EA work Semi-Automatic.

⚡ Recommend ECN broker with LOW SPREAD: ICMarket , Rakuten , NordFX , FXPRIMUS , BDSwiss , Tickmill 

MT5 Version: 

Strategy 1:

A professional Grid advisor works according to RSI ( Relative Strength Index ) indicators. And has the function of Reducing the Drawdown on the account by overlapping unprofitable orders. The chart displays information about the profit.

  • RSI_PERIOD – period for calculating the relative strength index;
  • UP_LEVEL – upper bound;
  • DN_LEVEL – lower bound;
  • RSI_TIMEFRAME – timeframe for calculation;
  • START_LOT – initial lot;
  • LOT_MULTIPLIER – lot multiplier in the order grid;
  • MAX_LOT – maximum lot;
  • STEP_ORDERS – order grid step;
  • STEP_MULTIPLIER – order step multiplication factor, if = -1 then it is not used;
  • MAX_STEP – maximum order grid step;
  • OVERLAP_ORDERS – from which order to enable the order overlap function;
  • OVERLAP_PIPS – minimum profit in pips for closing unprofitable orders;
  • STOPLOSS, TAKEPROFIT – stop loss and take profit in pips, if = -1 is not used;
  • BREAKEVEN_STOP, BREAKEVEN_STEP – level and step of breakeven, if = -1 is not used;
  • TRAILING_STOP, TRAILING_STEP – trailing stop level and step, if = -1 is not used;
  • MAGIC_NUMBER, ORDERS_COMMENT – magic order number and comment;
  • START_TIME, END_TIME – time at which it is allowed to open orders. if = “00:00”, then not used;

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Strategy 2:

The utility for Semi-Automatic trading, order management, can also be used to restore losing positions on the account. Has the function of Reducing the Drawdown on the account by overlapping unprofitable orders. It can work with manual orders, orders opened from the panel or orders opened by another EA. It has a minimum of parameters, is easy to configure, and works with any number of orders. For testing, use the visual mode in the strategy tester.

  • START_LOT – initial lot;
  • LOT_MULTIPLIER – lot multiplier in the order grid;
  • MAX_LOT – maximum lot;
  • STEP_ORDERS – order grid step;
  • STEP_MULTIPLIER – order step multiplication factor, if = -1 then it is not used;
  • MAX_STEP – maximum order grid step;
  • OVERLAP_ORDERS – from which order to enable the order overlap function;
  • OVERLAP_PIPS – minimum profit in pips for closing unprofitable orders;
  • STOPLOSS, TAKEPROFIT – stop loss and take profit in pips, if = -1 is not used;
  • BREAKEVEN_STOP, BREAKEVEN_STEP – level and step of breakeven , if = -1 is not used;
  • TRAILING_STOP, TRAILING_STEP – trailing stop level and step , if = -1 is not used;
  • MAGIC_NUMBER, ORDERS_COMMENT – magic order number and comment;
  • START_TIME, END_TIME – time at which it is allowed to open orders. if = “00:00”, then not used;
  • CLOSE_ALL_ON_FRIDAY – closing all orders on Friday. If = “00:00” then not used;
  • EQUITY_TAKEPROFIT , EQUITY_STOPLOSS – the function of closing all orders upon reaching the specified profit / loss on the account. If = -1, then not used;
  • RE_START – restart the EA after closing orders;

Note: You shoud demo and Cent account First. When you know how EA work and finding the DD you can accept then you will Live Account.

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