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Magic Grid

4.46

Magic Grid is an indicator-free advisor that uses a grid strategy. The strategy is based on automatic reopening of grid pending orders, after closing their market positions (by Take-Profit, Stop-Loss or manually). Pending orders are placed with a specified step from the initial prices, which can be entered manually or generated automatically (one time at the beginning of the trade). The robot can trade on any time frame, on any currency pair, on several currency pairs, and on any number of digits. It does not interfere with manual trading or the trading of other advisors. It only works with its own orders and provides all the necessary information about them as needed.

The Magic Grid information panel, together with the system of various alerts, provides reliable control over the advisor's entire trading. With the help of the panel, you can always check the declared number of orders and positions in relation to their actual market number. Depending on the situation, the advisor issues various reports on any important changes in its work or any errors that have occurred. For example, alerts are issued about the number of restored orders if any positions were closed during the time the terminal was turned off, exceeding the maximum allowed number of orders, a pending order not being placed due to a price being too close, and so on...
Settings
  • Initial price for BUY orders - Initial price for creating a grid with BUY orders              
    If the value is equal to 0, this price will be automatically selected. In this case, this price will be considered the starting price until the trade is finished or a value is manually set for it. The automatic selection is based on the values of the minimum allowed deviations (from the current market prices) for pending orders (at the start of trading).
  • Quantity of BuyUP price levels from Initial Price - number of Buy orders up from the initial price (can be zero)
  • Quantity of BuyDOWN price levels from Initial Price - number of Buy orders down from the initial price (can be zero)
  • Grid Step for BUY orders - grid step between Buy orders for the current grid (calculated in points of the selected pair)
  • Take-Profit for each BUY order - Take-Profit value for each Buy order of the current grid (calculated in points, can be zero)
  • Stop-Loss for each BUY order - Stop-Loss value for each Buy order of the current grid (calculated in points, can be zero)
  • Lot size for each BUY order - lot size for each pending BUY order of the current grid 
  • The settings for the Sell Grid are identical to the settings for the Buy Grid
  • Enable Top Panel - turning on the top information panel
  • Top Panel scale - top panel scale
  • Text color - top panel text color
  • Background color - top panel background
  • Magic number for all expert's orders - any group of numbers (no more than 9)
    The magic number is used to separate EA orders from any other orders. It is also important to change this number when using the advisor on different currency pairs simultaneously, or on the same currency pair, but with different settings.
  • Comments for EA orders - user comment for each order of the Expert Advisor (not more than 5 characters)
  • Language - EA language switch (mostly English is used)
Testing
When testing an Expert Advisor in the Strategy Tester, you should take into account the limitation on the maximum number of orders for the selected broker. If it is exceeded, the EA will not place a single order!

All missed ticks only reduce the effectiveness of the advisor, because its work is based on volatility, and the lower it is, the less likely it is to fix possible profit.

Reviews 20
Brgy
69
Brgy 2024.08.16 13:29 
 

tested on btcusd its really a gem good app

Bi Zhou
1110
Bi Zhou 2024.03.20 15:47 
 

very useful EA! and hope more function for this EA so it can be more affective, I've already written for you

MattyTrading
2313
MattyTrading 2024.02.17 07:49 
 

Buen ROBOT ,MUY AGRESIVO , minima inversion 10,000 dolares ,GANA , GANA Y GANA .GRACIAS

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User Grid   MT5  is a multifunctional grid Expert Advisor designed to fully or partially automate various ideas related to grid trading (on a hedging account) . The Expert Advisor can trade on any timeframe, on any currency pair, on several currency pairs, on any number of signs. It does not interfere with manual trading, trading of other Expert Advisors, or the operation of any indicators. It allows you to adjust your settings on the fly, works only with your own positions and orders. It has a
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Katumu81
14
Katumu81 2024.09.09 21:44 
 

Great EA, great potential only 1 problem. No risk management. on a strong 200-300 pip trend, you could blow your account.

Ive just seen your response, no need to get offended, I asked you privately to show me the EA with risk management and explain clearly what exact risk managements in place, but I still dont have any clear answers from you. Just links and general statements. Show me your EA with good risk management and explain it properly and ill buy it

Aliaksandr Charkes
15106
Reply from developer Aliaksandr Charkes 2024.09.12 22:09
You should not demand anything special from a free product. If you feel sorry for the money or don't have the opportunity to buy more advanced versions, you need to learn to use what you have and turn on the head when necessary. Asking questions about risk management in private after writing a review with the assertion that it is nowhere to be found is at the very least ugly and I didn't think it was necessary to answer this. p.s. it's a pity that it is not possible to post the correspondence you are talking about here
Brgy
69
Brgy 2024.08.16 13:29 
 

tested on btcusd its really a gem good app

Bai Han Wu
155
Bai Han Wu 2024.05.17 04:06 
 

can it reversecopy ?

Bi Zhou
1110
Bi Zhou 2024.03.20 15:47 
 

very useful EA! and hope more function for this EA so it can be more affective, I've already written for you

agrushev777
2328
agrushev777 2024.02.17 17:24 
 

User didn't leave any comment to the rating

MattyTrading
2313
MattyTrading 2024.02.17 07:49 
 

Buen ROBOT ,MUY AGRESIVO , minima inversion 10,000 dolares ,GANA , GANA Y GANA .GRACIAS

121887704
357
121887704 2024.02.03 10:36 
 

Lavora bene.. provatelo in demo... lo consiglio

igpearse
14
igpearse 2023.10.17 15:53 
 

Wow! This is the best of all the robots I have ever used. Please what is the best VPS that can be use with this Robot Thanks a million and God bless u boss.

SafaaLegend
45
SafaaLegend 2023.09.20 22:12 
 

great for semi ea operation

amin.adel.gorgani
14
amin.adel.gorgani 2023.08.25 08:50 
 

when I close some size of a position (but not completely) it reopens the pending position again. if you could just fix this problem it will be really great. thank you.

Aliaksandr Charkes
15106
Reply from developer Aliaksandr Charkes 2023.08.25 15:51
I didn't find any problems with partial market position closing. Please describe the issue in more detail here:
https://www.mql5.com/en/market/product/15791?source=Site+Messages#!tab=comments
Quick Facts
28
Quick Facts 2023.08.04 20:58 
 

so well thought trough! Just Magical

96952817
44
96952817 2023.02.20 17:02 
 

GOOD VERY GOOD.

Muhammad Ramzan
23
Muhammad Ramzan 2023.01.18 12:06 
 

HELLO SIR CAN YOU GIVE ME ITS MQL4 FILE?

Aliaksandr Charkes
15106
Reply from developer Aliaksandr Charkes 2023.01.18 14:39
Source code is not sold or donated
Webster Traille
129
Webster Traille 2023.01.17 10:39 
 

This is pure nonsense.

Aliaksandr Charkes
15106
Reply from developer Aliaksandr Charkes 2023.01.17 11:41
Learn to use the tester and choose the right settings for the forecast period
Luc Tran
110
Luc Tran 2022.12.24 04:45 
 

Tested, It's best EA, good trade with some ID is double amount within 1 day, Lot 0.02, EUR/USD 200TP/day :). But i need set.file, could you help me?

Aliaksandr Charkes
15106
Reply from developer Aliaksandr Charkes 2022.12.24 10:45
Hello, this EA is for people who already have their own grid strategy and it allows you to fully or partially automate it. The settings depend on the current state of the market and you should already understand this. There can be no ready-made sets here.
Cristian Mihail Pauna
13063
Cristian Mihail Pauna 2022.09.29 05:20 
 

User didn't leave any comment to the rating

Aliaksandr Charkes
15106
Reply from developer Aliaksandr Charkes 2022.09.29 10:19
I haven't received any messages from you
Luis Neto
350
Luis Neto 2022.07.29 20:56 
 

User didn't leave any comment to the rating

denis1 Doc
25
denis1 Doc 2022.06.30 23:06 
 

Здравствуйте скажете пожалуйста на каком Тайфренде торговать ваши роботам? И с какой минимальной суммы можно зайди??

Amos Tsopotsa
8095
Amos Tsopotsa 2022.06.28 21:03 
 

This EA works very good do you have a version for MT5 thanks

Aliaksandr Charkes
15106
Reply from developer Aliaksandr Charkes 2022.06.29 12:14
354310
19
354310 2022.06.16 06:12 
 

be careful, it trades both ways at the same time, and always your loss money is more than your profit. Do not recommend it.

Aliaksandr Charkes
15106
Reply from developer Aliaksandr Charkes 2022.06.19 08:09
How you set it up is how you go. If you failed to correctly set up an EA for two-way trading, what stopped you from trading one way?
12
Reply to review
Version 4.4 2024.10.17
Changes to the system of automatic generation of initial grid prices
Version 4.3 2024.08.23
Optimization
Version 4.2 2024.01.29
Improved control of grid levels.
The update is only suitable for new grids!
Version 4.1 2023.03.14
Improved error control system and system of various checks
Version 4.0 2022.06.28
Lots of small improvements
Only for new grids!
Version 3.64 2018.07.20
Added the ability to define separate setting for BUY and SELL orders.

Fixed some bugs.