EA GRID for Garik Petrosyan

MQL4 Experts

Trabalho concluído

Tempo de execução 6 dias

Termos de Referência

GRID for Garik Petrosyan 

I provide an example to modify and add the new features 

 
 
-  level grid (5 by default)

- takeprofit (0.1  by default) 

- OrderMultiplier (2.1 by default) 

 - TakeProfitAtLevel (true by default)
 
 - breakeven (5 pips by default)

 
The Grid is based on the symmetry. The symmetry grid is a system based on limit order style.

the EA buys and sells simultaneously (no need to put stoploss neither takeprofit), closing winning positions at grid levels and averaging breakeven points of losing positions by an order quantity multiplier. The center of the grid moves as new orders execute. 

The EA will plot a channel above and below the last executed order with the center on the last order price. The center of the grid will move as new orders are being executed. It will buy and sell at the same time.

If price move down the EA, will open long positions multiplying the last long quantity by OrderMultiplier parameter keeping the short position if TakeProfitAtLevel=false.

If price moves up, it will sell by multiplying the last sell quantity and keeping the buy position if TakeProfitAtLevel=false. Target is the first pullback to a grid level.

If TakeProfitAtLevel=true, the EA will close buy wining positions at grid levels above price, and sell positions below price. 

 if Takeprofit = 0, the EA checks the TakeProfitAtLevel 
 
 regarding breakeven, if  buy 1 at 80 and price go to 60, buy 2 at 60. 
The breakeven point now is at 60*2 + 80*1 / 3 = 66.67. 
66.67 is now the breakeven value, instead of 80, anything above 66.67 will be profit.

so, if Takeprofit is increasing and bypassing the breakeven level (5 pips), if takeprofit is suddenly decreasing, the trades are closed for raking profit

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60 USD
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Total: 72 - 72 USD
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de 3 para 7 dias