Multi Grid EA

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.

Source Code Available: If you would like the source code of this to make your own modifications or for other reasons, please email support@mql-programming.com for the fee.



Linkback: https://www.forex.zone/mt4-mt5-eas/7/multi-grid-ea/35/

Thanks for sharing. I like grid EAs.

Looks very good. What are the terms of the trial?

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.

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

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.