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MetaTrader 4 Expert Advisor | Grid EA Pro

MetaTrader Experts, Indicators, Scripts and Libraries

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. It can be a very useful tool, For manual trading. 

⚡ Recommend ECN broker with LOW SPREAD: IC Market , Exness, NordFX , FXPRIMUS , Alpari , FXTM

⚡ Pls try this EA with Demo account account! 

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


OPTIONS:

  • 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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