Recruitment of participants Grid Trading System MT5

Grid Trading System MT5

The semi-automated grid trading system. This EA is able to place a bunch of stop/limit pending orders in your desired way. You're able to manage opening time, buy/sell only, lot size, stop loss pips, take profit pips, grid levels, and grid size pips. The idea is to select the order placement time, select other settings, and leave it. Orders will be opened at the selected time. This strategy may be used in many ways. This EA does the most difficult job for you; placing 20 orders manually is a nightmare.

These things have been added to the v2 version.
Monday-Sunday trading time filter
Allow grid if a buy/sell trade filter is open.
Break even
Trailing stop
Pending order expiration in days/hours/minutes

Stop orders example.


Limit orders example.


Inputs menu of the Grid Trading System V2 MT5.



Settings:
Order opening time - select time for opening your grid pending orders, in this way you can set and leave.
Lot size - select your desirable trading lot per trade.
Stop loss pips - select your stop loss pips per trade.
Take profit pips - select your take profit pips per trade.
Grid levels - select how many grid levels you want to place per direction.
Starting price pips offset - this setting controls the distance between current price.
Grid size pips - the most important setting which controls the distance between each grid level. You're able to use stop pending orders or limit pending orders. Use a positive number like 30 for stop pending orders. Use a negative number like -30 to limit pending orders.

Break even
Pips on profit to enable - once reached, break even is applied.
Offset pips from open price - the distance from the open, in this way you can avoid spread size by adding extra 2 pips for example.

Trailing stop
Trailing start pips - once the trade has this amount of profit, trailing stop is activated.
Trailing stop pips - trailing stop distance from the stop loss to the current price.
One trailing step - it's basically how often do you want to refresh the trailing stop.

Unlimited

 

no dll