vr smart grid lite

Related: moving average grid ea - another powerful expert for MetaTrader 4 traders.

work logic
if the last candle was bullish, the ea will enter the market with a buy order. if the last candle is bearish, then the ea will enter the market with a sell order. in this case, the signal acts not only on the first order in the network, but also on all subsequent ones. this approach eliminates the opening of the network only after a specified distance. it turns out that the ea takes into account not only the distance set by the trader, but also the signal from the candles. in the case of a sharp price movement without a signal from the candles, no trade will be made. it is important to note that if there is a strong movement on the instrument (all candles are bearish), then the trade will be made on a bullish candle.

Also recommended: 204060 Program AI Grid System - similar expert with strong performance on MetaTrader 4.

recommendations

do not use on real account without a clear understanding of the risks and consequences

integrate your strategy into the code

before using the ea in real conditions, test on demo accounts for at least 4 working weeks. advantages

ea works on any timeframe

ea works with any instruments (forex, metalls, stock, cryptocurrencies, etc)

simple open source code

ea has is able to integrate any trading strategy

detailed description of the code is provided in the video material

ea works in the strategy tester, on demo and in real life (observe and take the risks into account)

automatically picks up your orders when you restart. settings

take profit (in pips) - take profit in pips;

start lot - start lot size;

type close orders - closing orders by total take profit (average) or partial closing of orders (part close)

point order step (in pips) - step between orders;

minimum profit for close grid (in pips) - minimum profit when closing a series of orders;

magic number - serial number of orders by which the ea distinguishes its orders;

slippage (in pips) - slippage size.
added:

setting that allows you to choose to close orders by total take profit (average) or select partial closing of orders (part close) was added
optimized:

maximum lot limiting setting is optimized. now to disable the use of the maximum lot limit it is enough to set the value of maximum lots to 0 links

vr smart grid mt4 -

vr smart grid lite mt4 -

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vr smart grid lite mt5 -

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You may also like: SmartAssTrade Expert Advisor - excellent alternative for expert users on MetaTrader 4.

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• 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.