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KJ Grid

KJ Grid is a trading expert advisor (EA) designed for grid trading, where positions are opened in a grid pattern. This means the first trade in the cycle is opened, and more trades are opened at price gap intervals if price moves in that direction. These positions will be closed according to the closing option chosen, generally in profit. The number of positions, their lot sizes, and the distance in points between positions are chosen in the EA settings.

With good settings, KJ Grid can earn consistent and easy profits. The most important setting is the closing option, explained below:

           There are currently 3 options available for closing trades: Average, All VTP, and Partial Close.

Average: Positions will be closed when the average prices of all open trades, plus a minimum profit level in points is reached.

All VTP: “VTP” means “Virtual take profit.” This option closes all positions when the combined profit of open trades reaches the amount specified in the “Min Profit for AllVTP” input is reached. For example, if the AllVTP profit is set at $100, all orders will be closed when the combined profit is $100 or greater. I recommend this closing option.

Partial Close: The first order of the grid is partially closed. The lot size specified in the iStartlots input is closed in profit.

Other input settings are explained with a brief description below:

Lot settings:

iStartlots:                         Starting lot size

iMaximallots:                   Max. lot size

iLotFactor:                        Factor to multiply lot size

 

SL / TP settings:

iCloseOrder:                    Close orders option

iTakeProfit :                     Take Profit amount (in points)

iMinimalProfit:                Min. Profit for Averaging calculations

iAllVTPMinProfit             Min. Profit for AllVTP Close Order option

UseTS:                               Use Trailing Stop?

iTSAmount:                      Trailing Stop amount (in points)

iTSStart:                            Trailing Stop start level, in points, from order price

 

Other Trade settings:

BuyRange:                                  No buy trades open above this price

SellRange:                                   No sell trades open below this price

BuyPointStep:                           Gap between Buy orders (in points)

SellPointStep:                           Gap between Sell orders (in points)

iMagicNumber:                       Magic Number

MaxBuys :                             Max. number of Buy trades

MaxSells:                              Max. number of Sell trades

iSlippage:                            Slippage (in points)

TradeBuy:                           Allow Buy trades?

TradeSell:                          Allow Sell trades?

 

Loss Limit settings:

LimitLoss:                          Limit losses?

iLossClose:                        Close all trades at loss amount, in currency

ResumeLoss:                    Resume trading after loss limit reached?

Moving Average settings:

UseMA:                             Use Moving Average for trading?

MA_Method:                   Moving Average method

iMAP                                 Period used to calculate moving average

Timing settings:

UseTiming:                       Only open trades between certain times?

TimeStart:                        Time to start opening new trades

TimeStop:                         Time to stop opening new trades

Display Panel settings:

UsePanel :                        Show info panel?

Label_color:                     Panel Label color

Background_color:         Panel Background color

 

KJ Grid features:

KJ Grid can trade in any market.

KJ Grid can trade in any timeframe.

Simple, quick setup.

Suitable for beginners.

Upper / Lower trading range: Option to restrict opening orders to between chosen prices.

Separate Buy and Sell distances: option to have different price gaps between buy or sell trades.

Info Panel: Panel shows magic number, largest / max lot size, profit, and Order Closing type.

Note: Panel is movable, and can be minimized.

 

Notes / Advice:  

Remember, KJ Grid is a grid trading EA. Please be aware of how grid trading works, and avoid excessive risks.

While KJ Grid can trade in any market, it was tested with Gold and NASDAQ (US100). I recommend using it with these instruments.

Settings files used for the backtests are available for GOLD and NASDAQ, but I recommend optimizing instead.

Optimize with your broker to find ideal settings for your trading conditions.

Leverage: I recommend having leverage of at least 30:1 to use KJ Grid.

Demo: Test with demo accounts.

Use KJ Grid with a VPS.

Updates: KJ Grid will be updated to add features and fix bugs.

Contact: Message me via comments / PM for help, bug reports, or feature requests.

Thank you for using KJ Grid. Enjoy your trading!

 

 


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4.47 (72)
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Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
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Lo Thi Mai Loan
5 (10)
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Siti Hadijah Lena
Only  1 copies left at current   price!,   Next Price 599 USD.   So   Come on Hurry up!    Parrots   Breaker   MT5  EA is an Expert Advisor that is smart, powerful and accurate in determining entries. Parrots   Breaker   MT5  EA works based on the concept of trend following  combined  with   Break of Internal Structure and   trading levels. Live Signal Parrots   Breaker   MT5  EA is an Expert Advisor that is safe and focuses on long-term use. Backtest   Result is Fantastic. This EA does not use
Big Forex Players MT5
Marzena Maria Szmit
4.8 (40)
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
Eternal Engine EA é um Expert Advisor avançado que utiliza vários indicadores e estratégias, fornecendo aos comerciantes uma ferramenta de negociação automatizada abrangente. Ele oferece inúmeras oportunidades de negociação, não é sensível a spreads e emprega pontos de entrada rigorosos para iniciar com precisão cada negociação. A estratégia provou-se no mercado real, com um sinal em tempo real de um ano de DD baixo.Se você é um iniciante ou um comerciante experiente, o Eternal Engine EA oferec
Daytrade Pro Algo MT5
Profalgo Limited
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Introducing the FT Gold Robot MT5, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with XAUUSD pairs . With its advanced analytical capabilities, FT Gold Robot constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every day (you
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