Welcome to Our Community

Want to join the rest of our members? Feel free to register today. You will get the opportunity to participate in themes and joint purchases of products at the lowest prices. You have a great opportunity to buy products together with other members in the best international online service AliEbay. The more participants in the topic, the lower the cost of the joint purchase fee. In the Resources category, you can immediately buy a product at a low price. Register today! The words Joint purchases are translated differently in different countries. Here is the translation of these words: Compras conjuntas, Ortak alımlar, Gemeinsame Einkäufe, Achats en commun, Совместные покупки, 聯合外匯購買, مشتريات الفوركس المشتركة, Acquisti congiunti, 共同外国為替購入. There are a lot of the best and almost free products in the following categories: Forex, Binary Options, Vps, Cryptocurrency, Business, Marketing, Sports, Health, Music and other categories. After registration, you will be sent an email to confirm registration. Perhaps the email will end up in a spam box, please check and confirm registration.


Discussion in 'Forex Market MQL5' started by James Goldman, Sep 29, 2020.

Recruitment of participants
49.00 USD
0 of 5
Is absent
  1. James Goldman

    James Goldman Moderator
    Staff Member Organizer

    Jun 15, 2020
    Likes Received:
    You are not allowed to view links. Register or Login


    Trading Strategy
    Expert Advisor is a trend following grid trading system. It uses martingale as an option in the money management.

    You may notice that "martingale" and "grid" are infamous words to many traders. Because it may wipe the entire account when the trading is against a strong trend and the trade volume is too big.

    On the other hand, many traders like it because we can win in every order (or batch of orders). Actually, there are many signal services are using the technique too.

    To survive in the market when using martingale, the precondition is:

    • Do not trade with too high volumes, we need to limit the trading lots.
    • Do not add orders to the losing positions when the trading direction is against a strong trend.
    • Do not use a very tight grid space.
    • Do not put all the money to the martingale system. We should not put all the eggs in one basket.
    EasyGrid Expert Advisor offers some parameters that let you configure the system to limit the risk and keep it efficient.

    Parameters in the EA
    ** General Parameters

    • EA Magic Number - Magic number used in the EA's trading.
    • Grid Space - The minimum number of points between orders in the same direction.
    • Take Profit Points - If it is set to 0, the TP is same with "Grid Space".
    ** Risk Management Parameters

    • Start Lots - Trading start volume.
    • Martingale Factor - Multiplier between the trade volume of each order.
    • Max One Direction Orders - Maximum number of orders in the same direction (short or long).
    • Max Order Size - Maximum volume of one order, if after calculation of "Start Lots" and "Martingale Factor", the trade volume is bigger than the setting, the EA won't send the order.
    • Max Drawdown (%) - Maximum drawdown. When the overall drawdown is bigger than the setting. All orders will be closed to limit the loss. If you don't want to use this feature, you may set it to 0.
    ** Trend related parameters:

    The EasyGrid EA uses Moving average (MA) to determine the trend. If you enable this option, the EA won't perform the trade that against the direction of MA.

    • Short Order Only - If it is set to "true", the EA only perform short trading.
    • Long Order Only - If it is set to "true", the EA only perform long trading.
    • Check MA - Check MA or not.
    • MA Periods - Number of periods of MA.
    • MA Method - Can be SMA, EMA, etc.
    • MA Price - Price type. Can be HOLC, etc.
    • MA Time Frame - Time frame of the MA. D1, H4 are recommended.
    • No MA Check Price Start - If sometimes you are pretty sure that the price would stay in a range. You can specify a price range that the EA doesn't check trend by MA. This parameter is the range start price.
    • No MA Check Price End - Price of the end of range that doesn't perform the MA check.
    Best Practice
    • Martingale is dangerous. However, it's still widely used. To lower the risk, we need to keep the trade volume low and don't set the grid space too tight.
    • Choose the currency pair that stay in a range or in a long term trend.
    • Although EA can trade automatically, you still need to monitor it, adjust the parameters if necessary.
    • I have some signals based on this EA, such as: You are not allowed to view links. Register or Login

    easygrid-screen-3226.png easygrid-screen-9948.png easygrid-screen-3819.png easygrid-screen-8939.png


Share This Page

QR code

  • Subscribe to email with new topics

  • Best international online service AliEbay

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Dismiss Notice