Grid Template EA – expert for MetaTrader 4

Grid Template EA places a grid with pending stop orders at each side of price. Rule for placing new grid – As
soon as expiration hours exceeded and all remaining positions that were not triggered.

Does not use rule for ‘new bar’ detection and therefor new grid’s placed any time as soon as there are no existing positions.

This template you can use for further development adding what ever you like…for example trailing stop, entry signals, other rules and such

Complete with all necessary settings including money management

Have fun;)

adviser settings

grid_template_settings

grid_template_onchart

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  • Platform: Metatrader4
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • 1. Open the MT4 trading software – “File” – “Open Data Folder” in the upper right corner
  • 2, find the “MQL4” folder – “Experts”, put the EA in this folder
  • 3, need to refresh or restart the trading software to display EA, find “EA” in “Navigation” – “EA Trading”
  • 4, find the EA you need to use, right click the mouse, select “attach to the chart” (additional chart: EA uses the currency to be linked, if you need to hang Europe and America, please attach to the AUDUSD chart)
  • 5. After adding the chart, set the EA parameter. In the “Common” option, select “Multi-empty position” and check the box in front of “Allow real-time automatic trading”
  • 6, in the “input parameters”, set the relevant parameters, generally modify the number of single hand, jiacang distance, loss ratio, 10,000 US dollars according to the minimum parameter settings, after setting “confirm
  • 7. After setting the EA parameters, start the EA. In the “Tools” – “Options” – “EA” – check “Allow DLL import” to confirm