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MetaTrader 4 Expert Advisor | Grid Trading Algo

MetaTrader Experts, Indicators, Scripts and Libraries

This strategy is based on some very interesting enter criterias and usefull funtcions are included which I used to create this trading bot. It has shown very good potential in the markets lately, but some changes have to be made in order to test it with a demo account/real money. The backtest is with 30 Leverage.

There are 4 inputs: 

  • Tp : Take Profit: the multiplier of the total money invested, for example if you invested 1000 dollars and the tp is 0.05, the ea will close when the trades reach 50 dollar profit.
  • Multiplier: This is the volume multiplier in the grid. 
  • MaPeriod: The period of the moving average in the bollinger bands

The StopLoss is 10 times the takeprofit.

Hope I could help.

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