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REGISTER PARTICIPANTS Expert Trend Grid Mt4

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

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  1. James Goldman

    James Goldman Moderator
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    #trendgrid

    smart-profit-ea-logo-200x200-8883.png

    Trend Grid EA is Auto Grid System

    Strategy: Using some indicators to determine the trend then waiting market roll-backs to open the trade, if Profit = Smart Profit (10 pips): Close a trade.

    If market continues to roll-back, using Grid (Distance of 2 orders: 50 pips) to trade following the trend, when all profit = Smart Profit (10 pips): Close all trades. If the trend is changed and Loss=Maxdrawdown (30%): Close all trades.

    The EA is most efficient with 3 pairs: EURUSD, GBPUSD, USDJPY.

    Recommend: Fixed lot: 0.01 with $5 000 balance, run with 3 pairs at the same time.

    The EA using Max Drawdown and SmartProfit to close and no need StopLoss and TakeProfit. (hide SL and TP)

    Parameters
    • Profit, StopLoss in points
    • TrailingStop - TrailingStop is active when Profit (In Points)=TrailingStop + Grid and SmartCloseOrders > 1;
    • MaxTrades - 1-100 belongs to balance and traders' taste of risk
    • Grid - Distance between two trades (at least in points)
    • Lots - fixed lot
    • Multi - Lots of next trade = current Lots x Multi
    • SmartCloseOrders - ordinal number of orders, from this order the SmartProfit is activated
    • SmartProfit - When Profit =SmartProfit: Close all trades
    • Drawdown - When loss = Drawdown x balance: Close all trades
    • MaxSpread - When Spread > MaxSpread: Do not open trade.
    • StartHour, EndHour - Trading time
    You can change parameters: TrailingStop, Multi, SmartCloseOrders, SmartProfit, Grid, and Drawdown you will have many different results,

    Happy trading!

    trend-grid-screen-6623.jpg trend-grid-screen-4772.jpg trend-grid-screen-2637.jpg trend-grid-screen-9501.jpg trend-grid-screen-3814.jpg

     

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