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Flex Grid EA

The Flex Grid EA is a fully automated Expert Advisor that trades based on RSI. The EA trades using market orders with inivisible take profit and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD, USDJPY, EURUSD, USDCAD & GBPUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings.

Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate on Custom EA. If you wish to use this EA it will need optimising, and if you feel like sharing your settings please do so in the comments.
View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1
Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain

Features

  • Fully automated
  • Not sensitive to spread
  • Always a stop loss in place
  • Invisible take profit
  • Hedge accounts only
  • All you need is a VPS

Input Settings

Order Settings

  • MagicOrderNumber - Unique number for the EA to identify its trades. Any integer.
  • Lots - Number of lots for the first trade in a group. Values from 0.01 to 50.0.
  • Slippage - Slippage in pips. Values from 1 to 10.
  • StartLotBasedOnBalance - If enabled lots are increased based on the account balance, true/false.
  • StartLotBalance - Account balance per lot increase. Values 200 to 2000.
  • AllowNewTrades - Turn this of to disable new trade groups, true/false.
  • PositionComment - Allows you to set the position comment.
  • CloseAllButtons - If enabled displays buttons on the chart to close all buy/sell positions, true/false.

Entry Settings

  • TimeFrame - Timeframe drop-down selection to lock EA to a timeframe so that selection of the chart timeframe doesn't affect the EA. When testing ensure the tester timeframe is set to the same value.
  • MaxSpread - Maximum spread in pips that the EA will trade. Values from 1.0 to 10.0.
  • TakeProfit - The invisible take profit. Values from 2 to 20 depending on the pair being traded.
  • StopLoss - The fixed stop loss - Values 25 to 200 depending on the pair being traded.
  • RSIPeriod - The RSI period used as entry signal - Values 1 to 40.
  • MAPeriod - The RSI Average period used as entry signal - Values 1 to 200.
  • AveragingGap -  The negative move in pips against the current trade group to trigger the next averaging trade. Values 5 to 100.
  • AveragingLotMultiplier - The lot multiplier when opening a new position in the basket, setting to 1.0 disables. Values 1.0 to 2.0.
  • AveragingLotAddition - The lot addition when opening a new position in the basket, setting to 0.0 disables. Values 0.0 to 1.0.
  • TakeProfitStaging - If enabled take profit is reduced depending on the number of positions open, true/false.
  • TakeProfitStaging1PositionCnt - Number of positions before stage 1 take profit is used. Values 1 to 20.
  • TakeProfitStaging1TakeProfit - Take profit in pips for stage 1. Values 0 to 100.
  • TakeProfitStaging2PositionCnt - Number of positions before stage 2 take profit is used. Values 1 to 20.
  • TakeProfitStaging2TakeProfit - Take profit in pips for stage 2. Values 0 to 100.
  • TakeProfitStaging3PositionCnt - Number of positions before stage 3 take profit is used. Values 1 to 20.
  • TakeProfitStaging3TakeProfit - Take profit in pips for stage 3. Values 0 to 100.
  • BreakEvenExit - If enabled performs a break even after position count reaches BreakEvenExitPositionCnt, true/false.
  • BreakEvenExitPositionCnt - Number of positions before breakeven is performed. Values 1 to 20.

Optimization & Defaults

Default input values are for EURUSD M5. If optimizing, optimization of RSIPeriod, MAPeriod, TakeProfit, StopLoss and AveragingGap are needed to find the best results.

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Ren Cheng Yao
5 (1)
Experts
Aureus Quantum Surge-H1: Unlock the Potential of Gold Automated Trading Limited Time Offer: Special Offer: Current Price $799 (Limited Time)! Next price: $899 Real Account Signal:   https://www.mql5.com/en/signals/2297864?source=Site+Profile+Seller Overview Aureus Quantum Surge-H1 is a state-of-the-art Expert Advisor designed for trading XAUUSD (Gold) on the H1 timeframe.   It integrates multiple technical indicators with robust risk management techniques to deliver consistent performance in th
AW Recovery EA
AW Trading Software Limited
4.35 (82)
Experts
The Expert Advisor is a system designed to recover unprofitable positions. The author's algorithm locks a losing position, splits it into many separate parts, and closes each of them separately. Easy setup, delayed launch in case of drawdown, locking, disabling other Expert Advisors, averaging with trend filtering and partial closing of a losing position are built into one tool. It is the use of closing losses in parts that allows you to reduce losses with a lower deposit load, which ensures saf
Aurum AI mt4
Leonid Arkhipov
4.92 (26)
Experts
Aurum AI – The Power of Artificial Intelligence for Gold Trading (XAU/USD) Experience the full potential of technology in trading! Aurum AI is a groundbreaking expert advisor designed for stable and secure performance in the gold market. It combines the power of artificial intelligence, precise trend analysis, and strict risk control to make every trade as effective as possible. Promotion Discount - 50%. 1 copies available at a price of $225 Live signal with high risk (maximum drawdown up to 20
BTC bot mt4
Ramil Minniakhmetov
5 (15)
Experts
BITCOIN BOT Btc Bot uses the Stochastic tape Indicator and is specifically designed for trading bitcoin, however, you can trade other currency pairs also if you want.   When the tape crosses from red to green, the EA will start to buy and when it crosses from green to red the EA will start to sell.   Trades will be controlled in a martingale/grid style until it hits take profit.   The EA has a build in news filter which will stop the entering of new positions at a certain time before the news a
Sequoia v4
Yvan Musatov
Experts
The Sequoia Expert Advisor is a professional market analyst working using a specialized algorithm. Based on the analysis of prices over a specific time interval, it reveals the strength and amplitude of prices using a unique indication system based on real data. When the strength of the trend and its direction changes, the expert closes the current position and opens a new one. The bot's algorithms include signals about overbought and oversold markets. A purchase occurs if the signal falls belo
FX EurUsd Robot MT4
Marzena Maria Szmit
5 (13)
Experts
The EUR/USD Multi-Strategy Trading Robot MT4 is an advanced tool designed to optimize trading by combining 3 key systems:   daily trading, volume analysis, and Fibonacci   retracement levels. This robot works by integrating these different approaches to create a more dynamic and adaptable strategy for trading the   EUR/USD pair . EA adapts to different market conditions, this makes it an ideal solution for traders looking to enhance their trading strategy with a powerful, multi-faceted approach.
AW Classic MACD EA
AW Trading Software Limited
3.67 (3)
Experts
Fully automated trading system. A classic indicator is used as signals   MACD , which combines a trend indicator with an oscillator to detect entry points. Uses averaging, the function of closing the first and last basket orders and the function of automatic lot calculation. Has an advanced dashboard and three types of notifications. Problem solving ->   HERE  / MT5 version ->  HERE   /   Instruction  ->   HERE   Benefits: Fully automated trading system Easy setup and intuitive panel interface
Cross Hedge EA
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4.33 (6)
Experts
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Robots4Forex Ltd
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Indicators
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Robots4Forex Ltd
Experts
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Robots4Forex Ltd
Experts
The Night Scalper EA is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and uses time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe, but will also work on AUDUSD, GBPUSD, NZDUSD, USDCAD, USDCHF and likely many more. A VPS is advisable when trading this system and a low spread and commission based broker is best. Check the comments for back test results and optimized settings. View More
Custom EA MT5
Robots4Forex Ltd
Experts
Custom EA – Fully Automated, Highly Customisable Trading Solution Custom EA is a powerful expert advisor (EA) designed for traders who want full control over their trading strategies. It offers extensive customisation options, seamless third-party indicator integration, and multiple entry and exit strategies. Whether you are automating trades, using neural networks for decision-making, or managing multiple accounts, Custom EA provides the flexibility and precision needed for both beginners and e
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Version 1.6 2020.01.06
Added CloseAllButtons, VisibleTakeProfit & StopLossType options.
Version 1.5 2019.07.09
Fixed lower account balance than StartLotBalance causing AveragingMultiplier not to function.
Version 1.4 2019.07.08
Added initialisation for new start lot balance calculations.
Version 1.3 2019.07.07
Improved StartLotBalance calculations.
Version 1.2 2019.02.08
Added AveragingLotMultiplier & AveragingLotAddition options.