MetaTrader 4 β€£ MT4 Expert Advisors β€£ Grid Trading Algo – EA MetaTrader 4

Grid Trading Algo – EA MetaTrader 4

This strategy is based on some very interesting enter criterias and usefull funtcions are included which I used to create this trading bot. It has shown very good potential in the markets lately, but some changes have to be made in order to test it with a demo account/real money. The backtest is with 30 Leverage.

There are 4 inputs:Β 

  • Tp : Take Profit: the multiplier of the total money invested, for example if you invested 1000 dollars and the tp is 0.05, the ea will close when the trades reach 50 dollar profit.
  • Multiplier: This is the volume multiplier in the grid.Β 
  • MaPeriod: The period of the moving average in the bollinger bands
Alternative:   Four_MA_Strength - indicator MetaTrader 5

The StopLoss is 10 times the takeprofit.

Hope I could help.

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