Market / MetaTrader 5 / Utilities /

Grid Builder 5

40 USD

Published: 5 November 2021

Current version: 1.32

Grid Builder 5

Utilities
Oleg Remizov
Version: 1.32
Updated: 13 May 2024
Activations: 5

The Grid Builder MT5 utility is designed for placing a grid of pending orders of any complexity and will be an excellent tool in the hands of a trader who trades grid trading strategies.

The tool has numerous settings that allow you to quickly and easily build a grid of orders with the specified parameters.

All types of pending orders are supported:

Buy Stop;
Buy Limit;
Sell Stop;
Sell Limit.

The script also allows you to delete a previously placed grid of orders in one click.

If the "Delete pending orders" parameter is set to true and/or the "Close market orders" parameter is set to true, the script works in grid deletion mode.

Input parameters:

======= General parameters =======
Magic Number
Slippage
ECN Account (true / false)
======= Close Market orders =======
X BUY
X SELL
X ALL MARKET
======= Delete Pending orders =======
X BUY STOP
X BUY LIMIT
X SELL STOP
X SELL LIMIT
X ALL PENDING
======= Upper grid parameters =======
Build grid of orders upper current price (true / false)
Distance to first order
Distance between orders
Distance between orders multiplicator
Orders type (Buy Stop / Sell Limit)
Orders count
Orders lot
Lot multiplicator
Take profit
Stop loss
======= Lower grid parameters =======
Build grid of orders lower current price (true / false)
Distance to first order
Distance between orders
Distance between orders multiplicator
Orders type (Sell Stop / Buy Limit)
Orders count
Orders lot
Lot multiplicator
Take profit
Stop loss

Version for MetaTrader 4: https://www.mql5.com/en/market/product/12197

Version for MetaTrader 5: https://www.mql5.com/en/market/product/73979

more...

604

Alex Vieira 2022.10.18 15:21 #

Hi Oleg! It is a great tool to help in trading. I give 4 stars because there is no option to lunch Buy Stop/Sell Limit simultaneously. We have to choose one order at a time. Also for Sell Stop/Sell limit is the same. Can you add the feature of Buy Stop/Sell Limit order to be lunched simultaneously at the same price and also Sell Stop/Sell Limit the same. Then, I will update the review to 5 stars.

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Auto SLTP Maker MT4 is an assistant for all those who forget to set StopLoss and/or TakeProfit in deal parameters, or trade on a very fast market and fail to place them in time. This tool automatically tracks trades without StopLoss and/or TakeProfit and checks what level should be set in accordance with the settings. The tool works both with market and pending orders. The type of orders to work with can be set in the parameters. It can track either trades for the instrument it runs on, or all

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The Profit Loss Control Panel is a tool designed to control loss and profit in trading. It allows to close deals if profit and/or loss of positions opened on the account reaches a certain limit. Limit types Percentage of balance Number of points Deposit currency Thus covering the most popular list of reasons to close the deal. The panel allows to combine limits of various types, for example, limit loss as a percentage of the deposit and limit profit in deposit currency. Limits as a percentage

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The Parabolic SAR Trailing is a utility that provides a trailing stop based on the Parabolic SAR indicator. Moving the stop loss order according to the values of this indicator is considered to be the most popular solutions for trailing, as this trend indicator follows the price. The utility can work with deals on all trading instruments or on the selected instrument. Thanks to the Magic parameter, it is possible to provide joint operation with other experts and management of the stop loss order

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50 USD

Fractals Trailing Stop is a tool that implements trailing of the stop loss order after the price based on the Fractals by Bill Williams. The utility provides all the necessary parameters for customization, which allows to select the optimal configuration for any user. The EA allows to choose the trailing line depending on the type of the trade. For example, buy trades can be trailed based on the downward fractals, and sell trades can be trailed based on the upwards fractals. The Magic parameter

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The OHLC Trailing Stop utility trails stop loss based on control prices of the specified bar: Open , High , Low , Close . In the utility settings, you can choose the bar number, which prices will be used for the trailing stop function. A control price for trailing can be specified separately for buy and sell trades. The Magic parameter allows using the utility together with other Expert Advisors. Input parameters Magic - magic number: 0 - trailing of all trades, 1>= - trailing of trades with t

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Impulse EA MT5 Expert Advisor is based on the author's trading strategy. The EA algorithm does not use martingale, averaging and any other risky money management systems. It is based on candlestick analysis. The EA analyzes several time frames and determines the dominant price direction. Entering the market takes place in moments of a surge of volatility. Each trade of the EA is accompanied by stop Loss and Take Profit orders. The size of Stop Loss and Take Profit is determined by market volati

50 USD

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Alex Vieira 2022.10.18 15:21 #

Version 1.32 2024.05.13

Version 1.32

A parameter has appeared in the settings that allows you to select the method for placing the first order - First order place method(Certain price/Distance to first order).
There are now 2 methods for placing the first order:
1) By indicating the distance in points from the current market price to the first order.
2) By specifying the specific price at which the first order must be placed.

Also now the script will be able to immediately open a market position with the first order if the distance to the first order is zero,
OR if the price for placing the first order is already in the trigger zone.

Dear users, please leave your feedback and impressions of updates.
Let me know if you find any errors in the product. This will help to eliminate them quickly.

Version 1.31 2023.11.17

- Several functions have been rewritten;
- Compilation in the newest version of the terminal.