gridder ea
Info
The gridder ea is a Expert Advisor for MetaTrader 4 that it's a multi-currency grid and martingale system that can trade all input pairs from one chart. the expert will close all orders for each pair using a profit level.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Experts folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use gridder ea
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
it's a multi-currency grid and martingale system that can trade all input pairs from one chart.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 4. Place the file in the MQL4/Experts folder and restart the terminal.
Description & Settings
Related: bad orders expert advisor for metatrader - another powerful expert for MetaTrader 4 traders.
it's a multi-currency grid and martingale system that can trade all input pairs from one chart.
Also recommended: read news from forex factory website by web request - similar expert with strong performance on MetaTrader 4.
the expert will close all orders for each pair using a profit level.the expert has the possibility to trade up to 100 pairs.
information
chose a broker with fast execution and low spreads for effective results.
please make some tests on a demo account to see how the expert works before using it on a real account.
for 0.01 lot size and leverage 1:500, you need an initial balance of at least 10,000 for each pair to work safely.
please keep in your mind this is a grid system. it means, the expert can open for each pair 10 or more orders.
if you use more than one pair to trade, make sure your broker can accept to open proportionate orders at the same time.
expert auto select chart and time frame to run. for backtesting set h1 time frame!!!
You may also like: dealers trade v 7. 74 ma c d - excellent alternative for expert users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.80"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property strict
enum oper{stand_by_mode,normal_operation,close_in_profit_and_stop,close_immediately_all_orders};
enum progro{statical_step, geometrical_step, exponential_step};
enum progrl{statical_lot, geometrical_lot, exponential_lot};.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.