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PlaceGridTrades

PlaceGridTrades – Version 1.04

Welcome.

Have you ever wanted an easy way to open 1, 2, 3, n trades in a grid fashion in one go, each with its own  take profit, with a configurable distance been each trade?

Did you ever want the flexibility to open either STOP or LIMIT trades?

Did you even want an additional flexibility to open trades with a unique magic number and trade comment so that you can put all your trades into one unique basket?

If you did then you have come to the right place.

PlaceGridTrades does exactly that. This was a tool created by me to help me in my trade placement. It has evolved with time and will continue to evolve based on your feedback and suggestions.

Look at the main features described below:

Ability to open 1 to many trades based on the following criteria.

  • Open SellOnly and BuyOnly trades (Stop and Limit Grid)
  • Open StopOnly and LimitOnly trades (Buy and Sell)
  • Open SellStop, SellLimit, BuyStop, BuyLimit trades.
  • Open all types of trades (EA will open both Buy, Sell, Limit and Stop trades) based on the distance specified.

Here are the main parameters:

  • TradeCountInEachSegment (integer), 1 to any number.
  • DistanceInPips (Integer) any number. Distance between each trade in the Grid of the same TradeType.
  • TakeProfitInPips (Integer) any number. Take profit for each trade regardless of the TradeType.
  • MagicNumber (Integer) any number. Unique magic number for all trades open in one iteration. If this is left unchanged all basket of trades will have the same unique number.
  • TradeComment (String). Comment set for each trade in one iteration. If this is left unchanged all basket of trades will have the same comment. The trade number in the grid will be appended to the comment.
  • Lots (Double). Lots for each trade in the grid.
  • Slippage (Integer). Maximum pips in slippage.
  • TradeType (enum). Can be any of the following values:
    • SellOnly
    • BuyOnly
    • StopOnly
    • LimitOnly
    • SellStop
    • SellLimit
    • BuyStop
    • BuyLimit
    • AllTypes

Below please find a few practical examples and corresponding settings.

TradeType – BuyStop

DistanceInPips – 20

TradeCountInEachSegment – 3

TakeProfitInPips - 30

3 BuyStop orders will be open 20, 40 and 60 pips in distance from the ASK with a take profit set at 30 pips for each trade. Say current market is at 1.0000. The following 3 BuyStop Trades will be open:


BuyStop at 1.0020 with TP at 1.0050

BuyStop at 1.0040 with TP at 1.0070

BuyStop at 1.0060 with TP at 1.0090

TradeType – StopOnly

DistanceInPips – 20

TradeCountInEachSegment – 2

TakeProfitInPips - 30

2 BuyStop and 2 SellStop orders will be open 20 and 40 pips distance from the ASK (for Buy) and BID (for Sell) with a take profit of 30 pips for each trade.

For the purpose of this example assume that both the BID and ASK is at 1.0000. The following trades will be open:

 

BuyStop at 1.0020 with TP at 1.0050

BuyStop at 1.0040 with TP at 1.0070

SellStop at 0.9980 with TP at 0.9950

SellStop at 0.9960 with TP at 0.9930

TradeType – AllTypes

DistanceInPips – 20

TradeCountInEachSegment – 1

TakeProfitInPips - 30

1 BuyStop, 1 BuyLimit, 1 SellStop and 1 SellLimit will be open 20 pips apart from the current market.

For the purpose of this example assume that both the BID and ASK is at 1.0000. The following trades will be open:

 

BuyStop at 1.0020 with TP at 1.0050

SellStop at 0.9980 with TP at 0.9950

BuyLimit at 0.9980 with TP at 1.0010

SellLimit at 1.0020 with TP at 0.9990


  • All trades will have the MagicNumber and TradeComment placed with the trades.
  • The lot size will be as set with the Lots parameter.
  • The EA will automatically adjust for 4- and 5-digit brokers. You do not have to change the pip variables to cater to this.
  • The EA must be removed once the trades are placed. It won’t repeat the cycles of placing trades UNLESS the time frame is changed or MetaTrader 4 is closed and reopened in which case the EA will reset and replace the trades based on the current market position. So it is always a good idea to remove the EA once the iteration is complete.






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Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market trends . T
AI Gen XII MT4
Denis Kurnev
3.56 (45)
The   AI Gen ProX   Expert Advisor is a powerful solution based on advanced market analysis and data processing technologies. Utilizing cutting-edge algorithms for time series analysis and complex mathematical models, it ensures high accuracy in forecasts and automates trading processes. The EA is designed to combine performance and reliability, making it an effective tool for trading.   Real Time Signal GEN PRoX:  https://www.mql5.com/ru/signals/2283186 The price of the advisor will increase si
Aurum AI mt4
Leonid Arkhipov
4.63 (27)
Aurum AI – El Poder de la Inteligencia Artificial para el Comercio de Oro (XAU/USD) ¡Descubre todo el potencial de la tecnología en el comercio! Aurum AI es un asesor experto revolucionario diseñado para un rendimiento estable y seguro en el mercado del oro. Combina el poder de la inteligencia artificial, un análisis preciso de tendencias y un control estricto de riesgos para que cada operación sea lo más efectiva posible. Promoción Discount - 50%. 3 copies available at a price of $225 Señal en
EvoTrade EA MT4
Dolores Martin Munoz
5 (1)
EvoTrade: El Primer Sistema de Trading Autoaprendizaje en el Mercado Permítame presentarle EvoTrade, un asesor experto único desarrollado con tecnologías de vanguardia en visión por computadora y análisis de datos. Es el primer sistema de trading autoaprendizaje en el mercado, operando en tiempo real. EvoTrade analiza las condiciones del mercado, adapta estrategias y se ajusta dinámicamente a los cambios, ofreciendo una precisión excepcional en cualquier entorno. EvoTrade utiliza redes neuronale
Alpha Flow EA: Eleva tu Trading a Nuevas Alturas Presentamos   Alpha Flow EA , un asesor experto de trading de última generación diseñado para transformar tu experiencia de trading mediante la precisión estratégica, la adaptabilidad y un análisis de mercado avanzado. Desarrollado con algoritmos de trading patentados y profundos conocimientos del mercado,   Alpha Flow EA   ofrece un rendimiento excepcional en diversos entornos comerciales, ayudándote a mantenerte siempre un paso adelante en las t
FX EurUsd Robot MT4
Marzena Maria Szmit
5 (13)
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.
Stock Indexes EA MT4
Marzena Maria Szmit
5 (1)
Stock Indexes EA is a sophisticated trading robot meticulously engineered to capitalize on the dynamics of the US30 . This expert advisor employs advanced algorithms and technical indicators to analyze market trends, identify potential entry and exit points, and execute trades with precision. A news filter has also been added to the robot, which prevents it from opening a position during important economic news , minimizing the risk. In robot, you can also specify the days and hours when the EA
Exp4 AI Sniper for MT4
Vladislav Andruschenko
5 (2)
Nuestro equipo está encantado de presentar Trading Robot, el asesor experto en comercio inteligente de última generación para el terminal MetaTrader. AI Sniper   es un robot comercial inteligente y autooptimizado diseñado para terminales   MT4   . Utilizando un algoritmo sofisticado y metodologías comerciales de vanguardia,   AI Sniper   personifica la excelencia en la optimización comercial. Con más de 15 años de amplia experiencia tanto en el mercado bursátil como en el mercado bursátil, nues
Quantum Gold Emperor MT4
Bogdan Ion Puscasu
4.82 (11)
Introduciendo       Quantum Gold Emperor EA   , el innovador asesor experto de MQL5 que está transformando la forma en que opera con el prestigioso par XAUUSD (GOLD). Desarrollado por un equipo de comerciantes experimentados con experiencia comercial de más de 13 años. ¡IMPORTANTE! Después de la compra por favor envíame un mensaje privado para recibir el manual de instalación y las instrucciones de configuración. *** ¡Compre Quantum Gold Emperor EA y podrá obtener Quantum Trade EA gratis! *** P
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