Expert Advisors • Indicators • Scripts • Libraries

MQL.RobotFX.org is the biggest collection of MetaTrader expert advisors (MT5 & MT4), indicators, scripts and libraries that can be used to improve trading results, minimize risks or simply automate trading tasks

MetaTrader 5 Expert Advisor | Tarantella

MetaTrader Experts, Indicators, Scripts and Libraries

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.


62713

Best MetaTrader Indicators + Profitable Expert Advisors