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Grid Averaging Pro MT5

324 USD

Demo downloaded: 85

Published: 28 April 2023

Current version: 1.2

Grid Averaging Pro MT5

Experts
Mean Pichponreay
Version: 1.2
Updated: 6 June 2023
Activations: 5

Grid Averaging Pro is a combination of Grid Trading and Cost Averaging with sophisticated algorithm and build-in Hedging to protect your account drawdown. Once your initial trade moves into negative territory, the recovery mechanism will kick in and place consecutive market orders in the same direction, all of which will be closed with a combined profit or approximately break even.

Product Links

Fully Description in English : [USER GUIDE ENGLISH] - GRID AVERAGING PRO (MT4/MT5)
Fully Description in Khmer : [USER GUIDE KHMER] - GRID AVERAGING PRO (MT4/MT5)
For MetaTrader 4 Experts : https://www.mql5.com/en/market/product/26131
For MetaTrader 5 Experts : https://www.mql5.com/en/market/product/96384

Features

✔️ You can skip trading during data release by predefined period of Indentation
✔️ You can filter Economic Calendar by 18 countries
✔️ You have 2 Initial Lot Size Method to calculate lot size for initial trade
✔️ You have 7 Initial Entry Method to start initial trade
✔️ You can limit the Upper Border Price and Lower Border Price for long trades or short trades separately
✔️ EA can automatically adjust the Upper Border Price and Lower Border Price for long trades and short trades
✔️ You can set EA to trade only the Better Price New Order or only the Worse Price New Order
✔️ You can limit Maximal Short Trades or limit Maximal Long Trades
✔️ You can prohibited EA to Open Initial Short Trade or Open Initial Long Trade after the bucket of trades finish
✔️ You can prohibited EA to Open Sequence Short Trades or Open Sequence Long Trades for the bucket of trades
✔️ You have 7 Sequence Entry Method for the bucket of trades
✔️ You have 3 Spacing Distance to predefine the gap between each trades
✔️ You can avoid trading during the volatility by predefine Volatility Protection Distance
✔️ You can open trades by predefine Pending Order Distance to reduce the bucket of trades
✔️ You have 5 Lot Size Method to calculate lot size for the bucket of trades
✔️ You have 9 Recovery Strategy to exit the bucket of trades
✔️ You can predefined Temporary Second Phase to switch for temporary from First Recovery Phase to be Second Recovery Phase
✔️ You have 3 Permanent Second Phase to switch for permanent from First Recovery Phase to be Second Recovery Phase
✔️ You have 2 Third Phase Method for hedging the bucket of trades to prevent drawdown
✔️ You can reduce your hedging trades to follow the market direction
✔️ You can set EA to check the last trade how old it is before open the new trade
✔️ You can limit what days or period in the day to open the new trade
✔️ You can limit Maximal Lot Size Per Trade
✔️ You can set Drawdown Percentage to Lock Account
✔️ You can change Font Size and Line Color
✔️ You can limit Maximal Spread and limit Maximal Slippage

Grid Averaging Pro is the most powerful Expert Advisor for your grid trading strategy to trade like a professional trader.

How to Get Started

Make sure you are using the latest version update
Load the EA to any chart and timeframe
Select Economic Calendar on parameter [1]
Predefine news Indentation Period on parameter [4] [5] [8] [9] [12] [13]
Select Initial Lot Size Method on parameter [14]
Select Initial Entry Method on parameter [17]
Enable Better Price New Order on parameter [33]
Enable Worse Price New Order on parameter [34]
Limit Maximal Trades on parameter [35] [40]
Enable Open Initial Trade on parameter [36] [41]
Enable Open Sequence Trades on parameter [37] [42]
Limit Upper Border Price on parameter [38] [43]
Limit Lower Border Price on parameter [39] [44]
Select Sequence Entry Method on parameter [45] [73]
Select Spacing Distance on parameter [46] [74]
Predefine Volatility Protection Distance on parameter [52] [80]
Predefine Pending Order Distance on parameter [54] [82]
Select Lot Size Method on parameter [55] [83]
Select Recovery Strategy on parameter [58] [86]
Let the EA handle the trades and book a profit for you
Repeat!

The recovery will succeed in most cases and fail in a minority of cases. A strong trend against your trade will cause the EA to take losses.

Usage Tips

Load the EA and trade using the chart buttons
Don't trade any other EA in the same symbol
Take only one initial trade per symbol - never two or more
The EA can trade many symbols independently at the same time
But be careful: never, ever, load the EA twice on the same symbol
There is no need to set a different Magic Number to trade different symbols
Trade from a VPS or leave your trading computer turned on 24/5
Try to never unload the EA to assure the atomicity of the process
Great to trade overbought or oversold situations
Avoid trading against the trend

The purpose of this EA is not to be profitable by itself, but to avoid preventable losses within the limits of the account free margin.

Technical Information

The automated entries of the EA are evaluated at every tick
The EA uses market orders, pending order, variable spreads or fixed spreads
Economic Calendar data release should not be an issue
The EA will trade in any settings, regardless of risk
The Trading Datetime are implemented in Server time
Trades have no individual SL or TP because they are managed as a basket (a single deal)
During a recovery, the EA can have many trades opened at the same time in the same direction

Support and Questions

For questions or timely support. Send a message to me directly : https://www.mql5.com/en/users/cheaponreay01

Good Luck & Happy Trading,

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Welcome to Indicement! PROP FIRM READY! -> download set files here LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ NEW: Choose 1 EA for FREE! (limited to 2 trading account numbers) Ultimate Combo Deal -> click here JOIN PUBLIC GROUP: Click here LIVE SIGNAL INDICEMENT brings my 15 years of experience in creating professional trading algorithms to the Index markets. The EA uses a very well thought out algorithm to find the best entry price and runs multiple strat

399 USD

The King Advisor is a highly advanced neural network algorithm. Its strategy is based on the identification of support levels, resistance and trend lines through a sophisticated self-learning system and a trading system devised with years of experience and work. Developed by a team of experienced traders. PLEASE NOTE THAT THERE WILL BE A LIMIT OF 200 EXEMPLARS --> Total copies sold updated: 195 We have a promotion offering our next EA. Please contact us after purchase to receive it. This is a li

499 USD

News Hedging Pro is a unique robot that allows you to trade during the most critical news announcement periods by your predefined strategy. You can preset the strategy to trade, and then it will trade that news automatically when the news comes. News release gives opportunity to have pips since the price usually has big move at that time. Now with this tool, trading news become easier, more flexible and more exciting than ever. No waiting, no confusing anymore. Product Links Fully Descripti

324 USD

Grid Averaging Pro is a combination of Grid Trading and Cost Averaging with sophisticated algorithm and build-in Hedging to protect your account drawdown. Once your initial trade moves into negative territory, the recovery mechanism will kick in and place consecutive market orders in the same direction, all of which will be closed with a combined profit or approximately break even. Product Links Fully Description in English : [USER GUIDE ENGLISH] - GRID AVERAGING PRO (MT4/MT5) Fully Des

324 USD

Trader Assistant Pro is an automatic trading EA that helps you to manage risk and control orders and maximize your profit in multi-protection or trailing-stop rules. This EA is very useful for both scalpers and trend followers. It not only calculates the trade risk in line with your parameters, but also can assist in protecting and maximizing your potential profits, or minimizing losses, in real-time. With this EA, the only thing you have to do is to enter trades by your own strategy. Product

324 USD

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Version 1.2 2023.06.06

1. Improve Strategies
2. Speedup the Codes

Version 1.1 2023.05.08

1. Add "Follow the Trend" to "Initial Entry Method" and "Sequence Entry Method"
2. Speedup the Code to be more Faster