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Multi Grid EA

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The Multi Grid EA is an EA that can run on any chart and time frame. It uses no indicators. It just trades with price action at certain grid levels. The idea behind this EA is that it places subsequent trades as the market continues to move against the last trade. Each new trade will be on a grid level. And with each new trade, it will be entering at a better price since with each new trade it is even more likely that the market will reverse. The EA has the ability to trade a single set grid or multiple flexible grids. The inputs are in condensed format to save space, which is helpful if using multiple grids. It can run in a fully automatic way or in a semi-automatic way, too. It depends on the inputs that are set. This EA hedges by default so it should not be used on a broker that prohibits hedging.

The Multi Grid EA works on any standard MT4 chart and it works on any broker's MT4 platform. It is available free with no restrictions.

The 'Allow DLL imports' must be enabled for this EA to work.

Here is complete information about the Multi Grid EA.



Feel free to post your comments, questions, concerns, and bug reports in this forum section.


Linkback: https://www.forex.zone/mt4-mt5-eas/7/multi-grid-ea/35/
#1 - June 07, 2018, 05:02:06 PM
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« Last Edit: January 07, 2024, 02:42:43 PM by Admin »

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This is not the first EA on this forum that shows a good result on the tester. Of course, this algorithm does not exclude the killing of the deposit. But it seems like a working idea, just need to pick up parameters.




Thank you for sharing.
#2 - June 07, 2018, 07:47:56 PM
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« Last Edit: June 07, 2018, 08:17:13 PM by CrazyProg »

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Thanks for sharing. I like grid EAs.
#3 - June 08, 2018, 01:26:52 PM

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Here is a back test made on EURUSD H1 for 2017. Default settings were used. It produced stable and profitable results. This is a price action EA and results will depend on settings used and market conditions. This is an example of what to expect.
#4 - June 08, 2018, 05:26:20 PM
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Looks very good. What are the terms of the trial?
#5 - August 04, 2018, 12:16:06 AM

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Looks very good. What are the terms of the trial?
The trial version only works in the back tester. Other than that, there are no restrictions. It is meant to give you a good idea of what to expect and how it works.
#6 - August 04, 2018, 01:34:35 AM

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Hi
When the market moves up, the EA enters a new short. Right? So each level higher a new trade is entered, let's say 10 pip grid with 10 pip TP. Let's assume the market then turns and goes down, when each trade hits TP is a new long entered?
I need a Grid EA where there is always a limit order either side of the market. Too many Grid EAs set a grid and then you have to re-set it once the levels have been hit
#7 - February 24, 2019, 09:53:18 PM

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Hi
When the market moves up, the EA enters a new short. Right? So each level higher a new trade is entered, let's say 10 pip grid with 10 pip TP. Let's assume the market then turns and goes down, when each trade hits TP is a new long entered?
I need a Grid EA where there is always a limit order either side of the market. Too many Grid EAs set a grid and then you have to re-set it once the levels have been hit
Just back test the demo version and you will see how it works. This ea closes trades out in a group all together.
#8 - February 24, 2019, 10:00:23 PM

paidto

Just back test the demo version and you will see how it works. This ea closes trades out in a group all together.
this system seems to have difficulty in determining the end of the trade being run because it always makes orders from every grid that it wants, like that if in my view about this system
#9 - February 25, 2019, 04:08:08 AM

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this system seems to have difficulty in determining the end of the trade being run because it always makes orders from every grid that it wants, like that if in my view about this system
I dont know what you're talking about. It seems to work as described. There are many grid trading eas out there. It seems like you want a grid ea to work according to your strategy, even if it wasnt intended to work that way.
#10 - February 25, 2019, 04:21:09 AM

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Master4x thanks, I'm looking for something that closes each trade individually and fills in new limit orders behind as it goes. If this one closes all at once it's not for me and I'll keep searching or have someone code something for me. Thanks again.
#11 - February 25, 2019, 09:48:25 AM

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The Multi Grid EA is now free with no restrictions. It can be downloaded from the 1st post instantly.
#12 - December 24, 2022, 02:37:08 AM

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