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SG Opposit Grid MT4

The “SG Opposit Grid” EA works with Virtual TakeProfit(or real) - at the trader's choice.

The EA looks for signals to enter the market along the trend on D1 and H1. If the signals coincide, the EA on the working period (М1-М30 depends on the trader's choice) looks for a confirming pattern and opens a position in the direction of the trend. If, after opening a position, the price moves in a profitable direction, the position is closed upon reaching the virtual TProfit with a profit.

If the signals and the pattern coincided, and a position was opened, for example, to buy (Buy), but the price reversed in a direction that is unprofitable for us, i.e. in (Sell) - the EA opens additional positions in (Buy) against a new trend with an increase in the step between positions (the step size is set in the properties of the EA ), an increase in the lot of the next position (types of lot size selection are set in the properties of the EA ) and averaging the total take profit, thus building a network of positions, so that when a correction or rollback occurs, all positions are closed at the general take profit with a profit. After opening the 2nd position, the EA draws a virtual (invisible for DC) level of Breakeven on the chart. If the trader wishes, the EA can close the network of positions at the Breakeven level (this option is set in the properties of the EA ).

If the signals do not coincide on the D1 and H1 periods, positions on the working period will not be opened.

Expert Advisor Trading Mode  -  the advisor's mode of operation.

  • Switched  Off - on/off Expert Advisor;
  • Long and Short - incl. to buy and sell;
  • only Long -  incl. for buy only;
  • only Short - incl. for sell only.

TakeProfit - position closing price with profit.

Hide Real TakeProfit - “Hide” or “Show” your real TProfit;

Starting Lot Volume - the lot with which the advisor opens the first order.

Starting Distance between position - starting distance between positions.

Step Increasing Distance between position - step of increasing the distance between positions.

Trade only on NEW BAR - on/off trading on the NewBar.

Max.number of BUY position - the max.number of buy positions.

Max.number of SELL position - the max.number of sell positions.

Spread is not higher - limitation of work by the size of the spread.

Increase Lots Method - type of increasing the lot of the next position.

  • Start Lot - The lot in the grid for each position is constant and equal to the starting lot, i.e. (1, 1, 1, 1, 1 ...);
  • Arithmetic - the increase in the lot in the grid of positions will be equal to the amount of the starting lot (1, 2, 3, 4, 5 ...);
  • Geometric - the increase in the lot in the position grid will be equal to the derivative of the stratum lot by the multiplier, (1, 2, 4, 8, 16 ...);

Geometric Lot Multiplier - multiplier of the geometric lot.

Open Opposite Grid - on/off opening of the opposit grid.

After which position to open the oncoming grid - from what position in the grid to open an opposite position.

Closing position - position closing selection mode.

  • only by TP - positions will be closed only upon reaching the TProfit level;
  • by Breakeven or TP - positions will be closed either by the virtual level of Breakeven, or by TProfit.

Virtual Levels Color BUY by "TP" or "Breakeven" - color of TProfit and Breakeven lines for buy positions.

Virtual Levels Color SELL by "TP" or "Breakeven" - color of TProfit and Breakeven lines for sell positions.

Trading mode by - calculation of the starting lot.

  • Starting Lot - by Starting Lot;
  • % Risk - by % risk of Free Funds.

Percentage (%) of Free Funds - percentage of risk from which the Lot of Free Funds will be calculated.

Filter for opening orders by Two MA (M5-M30) - on/off additional entry filter on the working timeframe.

Fast line period - fast line period for additional filter.

Slow line period - slow line period for additional filter.

Working hours of advisor - on/off the time limit for the advisor, which can be set in the "hh:mm" format.

Color modifier of "TP" and "Breakeven" for BUY - color of the label-modifier for TakeProfit and Breakeven levels for buy positions.

Color modifier of "TP" and "Breakeven" for SELL -  color of the label-modifier for TakeProfit and Breakeven levels for sell positions.

Comments in Тester (On/Off) – on/off displays a window with comments.

Slippage - the maximum allowable price deviation for market positions.

Magic Advisor Number - magic number of the advisor.

ATTENTION! After loading the Expert Advisor on the chart, change the *set-files or select your own, optimizing them in the strategy tester.

Detailed settings, recommendations and descriptions of the EA parameters are located on the "Discussion" tab, Comment #5.


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Ugochukwu Mobi
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4 (8)
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Altri dall’autore
SG InfoBox MT5
Hleb Smoliar
5 (1)
The   "InfoBox"   utility is designed to display the presence of open orders, the number of lots, current profit and much more in one window. The version for the MT4 platform is here . You've probably encountered a situation where you have an advisor that works on a currency pair, but information about its operation: - orders and their number, the size of the spread for the instrument, the volume of lots on the market, drawdown and much more - are scattered in different places of the terminal an
FREE
SG InfoBox
Hleb Smoliar
The "InfoBox" utility is designed to display the presence of open orders, the number of lots, current profit and much more in one window. The version for the MT5 platform   is here . You've probably encountered a situation where you have an advisor that works on a currency pair, but information about its operation: - orders and their number, the size of the spread for the instrument, the volume of lots on the market, drawdown and much more - are scattered in different places of the terminal an
FREE
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Versione 24.610 2024.06.11
The "SG Opposit Grid MT4" advisor has been updated to version 24.610, in this version:
- accounting for Swap and Commission in the calculations of Take Profit and Breakeven when moving open positions (orders) to the next trading day has been corrected.
Versione 22.123 2022.12.23
The "SG Opposit Grid MT4" Expert Advisor has been updated to version 22.123.
In this version:
1 - corrected the calculation and correct opening of the opposite grid of positions if the trader has limited their maximum number in the Expert Advisor settings: "Max.number of BUY position" and "Max.number of SELL position".
2 - To reduce the load on the processor, the lines of virtual Take Profit and virtual Breakeven are now displayed not as lines for the entire width of the screen, but as line segments.
3 - Other minor fixes.
Versione 22.121 2022.12.21
"SG Opposit Grid MT4" Expert Advisor has been updated to version 22.121, in this version:
- fixed calculation and correct operation of the additional filter for opening the first position on the working timeframe (M5-M30).
Versione 21.721 2021.07.21
21.07.2021.

- For the virtual levels of Take Profit and Breakeven, a modifier label has been added for both sell and buy levels.
These labels are intended for visual perception by the trader of the last location of the Take Profit and Breakeven price levels after they are closed.
Now the virtual Take, at first glance, has all the signs of a real one (except for the display of the real price in the "T / P" column on the "Terminal" tab).
In addition, the trader can set the desired color for the modifier mark, depending on the color of the Template on the chart.

Moreover:
- On the Information panel, the response of buttons to pressing is accelerated;
- Reprogrammed warnings (Allert) about checking for "Permission for Automatic Trading in the Terminal" and for "Permission for Trading in the Expert Advisor";
- The pattern for opening the first position is programmed more rigidly.
Versione 21.701 2021.07.01
01.07.2021.

Fixed display of the current version of the Expert Advisor in the separately opened "Additional Information" window.
A video instruction with the settings of the Expert Advisor parameters has been added to the "Review" tab on the Expert Advisor page on the MQL5 website.
Versione 21.627 2021.06.27
27.06.2021.
- In this version, a virtual Take Profit level has been added to the Expert Advisor. Now, in the settings of the Expert Advisor parameters, the trader can make a choice - whether to show the DC the real Take Profit of his account.
- For the convenience of the trader, the lines of the virtual Take Profit levels are displayed on the working chart if the trader has selected this parameter in the Expert Advisor settings.
- The trader has the ability to set the color for the levels of the virtual Take Profit and Breakeven.
- The information panel visually displays additional information about some of the internal parameters of the Expert Advisor.
- Optimization of the code of the Expert Advisor.
- Updated instructions and description of the EA parameters.
Versione 21.602 2021.06.03
02.06.2021.
Исправлен рассчёт и отображение линий виртуального уровня Безубытка, как для закрытия позиций по Тейкпрофиту, так и по Безубытку.
Обновлена инструкция и описание параметров советника. Рекомендовано к ознакомлению!