MT4 BuildYourGridEA
- Experts
- Nikolaos Pantzos
- Version: 1.8
- Updated: 30 November 2023
BUILD YOUR GRID
The expert is a system to help any trader to make a grid of orders (without martingale, lite martingale, or full martingale) easy and simple.
Please make your test to find your settings.
Default settings are just to take an idea of how the expert works.
The expert can make according or contrary grid of orders.
You can set the expert to work in hedge mode if the losses are huge.
The system uses a high-risk strategy. It's better to test it first in a demo account.
Version for MT5: https://www.mql5.com/en/market/product/60399?source=Site
This EA is excellent but needs to be used with caution. Like every bot you can't just set up an EA 24/7 and expect it to earn you money, that's not how these things work. You have to judge whether you think the market is trending or ranging and adjust the step levels for your chosen instrument accordingly, then decide when to execute the bot for a chosen period. This bot has very easy to understand parameters that you can amend on the fly after your market analysis. It's very similar to the manual way I was trading but this is much quicker to execute orders in fast moving markets. All in all, excellent work by Nikolaos.