REGISTER PARTICIPANTS Expert Grid Open Level Mt4

#gridopenlevel



This is a grid Expert Advisor which works with market orders using Martingale. The first trade is opened when the price touches a horizontal line placed at a trader's discretion.

The EA has pretty flexible settings — trading lot and step for opening new orders can be fixed or dynamic.

To start using the EA, set horizontal or trend lines and name them according to BUY_Line and SELL_Line parameters.

Default names of these lines are BUY_Line = BUY and SELL_Line = SELL. In other words, when placing a horizontal line or a trend line on the chart, it should be named SELL or BUY.

You do not have to use both lines simultaneously. The EA can work with only one of them.

CAUTION. To test the EA in the strategy tester, enable the visual mode, place at least one trend or horizontal line and name it as aforesaid.

Parameters

• BUY_Line — line name;
• SELL_Line — line name;
• MM — enable/disable calculation of the trading lot basing on risk for the first trade;
• RiskPerTrade — trading lot is calculated based on risk for the first trade;
• StartLots — fixed trading lot, if BalanceRisk = 0;
• TakeProfit — take profit in points;
• Com—a comment to orders;
• Magic—magic number;
• LotsMultiplier—lot multiplier, if = 1, then lot is fixed;
• FirstStepOrders — step for opening new orders in points;
• StepMultiplier — step multiplier for opening orders; if 1, the step is fixed;
• TrailingStop — trailing stop step for setting position closing levels;
• TrailingStep — trailing stop step for free price movement;
• StartHour — EA operation start hours;
• StartMinute — EA operation start minutes;
• EndHour — EA operation end hours;
• EndMinute — EA operation end minutes;
• ShowInfo — display/hide information on the trading;
• Languages — language of the displayed trading data;
• TextColor — displayed data color.