Tarantella EA: Advanced Adaptive Grid Trading System
Tarantella is a sophisticated grid trading Expert Advisor that combines traditional grid strategies with innovative risk management techniques. At its core, the EA places buy/sell orders in expanding Fibonacci-based intervals, dynamically adjusting position sizes and grid spacing based on market conditions.
Key Features:
Market Profile Integration: Restricts trading to high-probability Value Areas (70% typical) while avoiding Point of Control zones
Multi-Layer Trend Filtering: Combines ADX trend strength detection with MA/MACD directional confirmation across timeframes
Intelligent Hedging System: Activates counter-trades at user-defined intervals with partial close options
Adaptive Grid Management: Uses Fibonacci ratios (1.0, 1.618, 2.618...) for dynamic grid spacing and lot scaling
Advanced Entry Conditions: Requires consecutive bars + volume filters + optional ATR/RSI confirmation
Comprehensive Risk Management:
Trailing stops & breakeven triggers
Position limits with oldest-trade closure
Equity-based full/partial closure rules
Stop-loss buffers respecting broker constraints
Strategic Advantages:
Trades only during confirmed trends (ADX > 25 + MA/MACD alignment)
Avoids low-probability zones using Market Profile analysis
Mitigates drawdown through proactive hedging
Adapts to volatility via Fibonacci grid expansion
Implements 4-layer risk protection (position limits, equity stops, trailing mechanisms, and hedge coverage)
Ideal For: EURUSD, GBPUSD, XAUUSD and other liquid pairs on M15-H1 timeframes. Requires medium-high volatility environments.
Package Includes: Fully commented code, preset files for major pairs, and detailed risk management guide.