Double grid
Replenishment date: 17.02.2016
Content: DoubleGrid2.ex4 (113.96 KB)
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Seller discounts
for all goods
for all goods
The goods are given a discount for regular customers.
If the total amount of purchases from the EAPrognoz seller is more than:
If the total amount of purchases from the EAPrognoz seller is more than:
the discount is: 3%
Description
The Expert Advisor was built for scalping trading and combined trend and grid trading. The Expert Advisor places an order upon a signal from the trend detection module. In cases of a false signal or a trend reversal, the advisor places grid orders. The grid closes at the total profit.
At the same time, the advisor can conduct two bidirectional grids of orders on one instrument. Exit from a position is possible both upon reaching a predetermined profit level and using a trailing stop.
The EA has a two-level trailing stop:
1.In general for the grid.
2. For individual orders.
The first trailing stop follows orders after crossing the grid break-even point. The second one is designed to take profit when the market goes flat "below" the breakeven point (profitable orders are closed and reopened when the price rolls back to the corresponding grid level).
To reduce the risk of losing a deposit, it is envisaged to close the unprofitable grid upon reaching a specified level of losses as a percentage of the account balance.
The EA provides a wide range of settings both for forming a grid of orders and for managing a position (built-in money management).
Expert advisor parameters
◾Fixed Lot - fixed lot size for the 1st order in the grid.
◾Balance Risk,% (0 - use Fixed lot) - risk level as a percentage of the deposit for the first order in the grid when using automatic lot calculation. To use a fixed lot, specify "0".
◾Maximum Initial Lot - the maximum possible volume of the first order when using automatic lot calculation.
◾Lot Multiplier - a multiplier for calculating the volume of the next order in the grid. For unchanged volume, indicate "1".
◾Maximum number of positions - the maximum number of orders in one grid.
◾Maximum Lot in Grid - The maximum possible order volume in the grid.
◾Pips Auto correction - Selects the correction mode for input values depending on the number of symbols of the instrument. Possible options: ◾Not_Use - not used.
◾Set_to_4_digits - all parameters are set for 4-digit instruments (when set to 5-digit parameters, specified in paragraphs are multiplied by 10).
◾Set_to_5_digits - all parameters are set for 5-digit instruments (when set to 4-digit parameters, specified in paragraphs are divided by 10).
◾Grid Step, pips - initial grid level, specified in points according to the previous parameter.
◾Step Multiplier (1 - use fixed step) - multiplier for calculating subsequent levels of the grid.
◾Slippage, pips - slippage, points. Specified according to the Pips Auto correction parameter.
◾TakeProfit, pips - take profit level in points. Specified according to the Pips Auto correction parameter.
◾TakeProfit 2, pips - take profit level 2 in points, used if the grid is larger than the number of orders specified below. Specified according to the Pips Auto correction parameter.
◾First Order with TakeProfit 2 - the first order to use TakeProfit 2.
◾Use Grid Trailing stop - use trailing stop for the grid of true / false orders.
◾Stop Loss,% of balance (0 - not used) - maximum allowable loss level for the order network. Indicated as a percentage of the balance. To disable, specify "0".
◾TrailingStop, pips - trailing stop level in points. Specified according to the Pips Auto correction parameter.
◾Profit for TS activation, pips - profit level in points for activating trailing stop. Specified according to the Pips Auto correction parameter.
◾Trailing stop step, pips - trailing stop step in points. Specified according to the Pips Auto correction parameter.
◾Use orders´ Trailing stop - use individual trailing stop for true / false orders.
◾Magic Number - Magic number for the advisor's order label.
At the same time, the advisor can conduct two bidirectional grids of orders on one instrument. Exit from a position is possible both upon reaching a predetermined profit level and using a trailing stop.
The EA has a two-level trailing stop:
1.In general for the grid.
2. For individual orders.
The first trailing stop follows orders after crossing the grid break-even point. The second one is designed to take profit when the market goes flat "below" the breakeven point (profitable orders are closed and reopened when the price rolls back to the corresponding grid level).
To reduce the risk of losing a deposit, it is envisaged to close the unprofitable grid upon reaching a specified level of losses as a percentage of the account balance.
The EA provides a wide range of settings both for forming a grid of orders and for managing a position (built-in money management).
Expert advisor parameters
◾Fixed Lot - fixed lot size for the 1st order in the grid.
◾Balance Risk,% (0 - use Fixed lot) - risk level as a percentage of the deposit for the first order in the grid when using automatic lot calculation. To use a fixed lot, specify "0".
◾Maximum Initial Lot - the maximum possible volume of the first order when using automatic lot calculation.
◾Lot Multiplier - a multiplier for calculating the volume of the next order in the grid. For unchanged volume, indicate "1".
◾Maximum number of positions - the maximum number of orders in one grid.
◾Maximum Lot in Grid - The maximum possible order volume in the grid.
◾Pips Auto correction - Selects the correction mode for input values depending on the number of symbols of the instrument. Possible options: ◾Not_Use - not used.
◾Set_to_4_digits - all parameters are set for 4-digit instruments (when set to 5-digit parameters, specified in paragraphs are multiplied by 10).
◾Set_to_5_digits - all parameters are set for 5-digit instruments (when set to 4-digit parameters, specified in paragraphs are divided by 10).
◾Grid Step, pips - initial grid level, specified in points according to the previous parameter.
◾Step Multiplier (1 - use fixed step) - multiplier for calculating subsequent levels of the grid.
◾Slippage, pips - slippage, points. Specified according to the Pips Auto correction parameter.
◾TakeProfit, pips - take profit level in points. Specified according to the Pips Auto correction parameter.
◾TakeProfit 2, pips - take profit level 2 in points, used if the grid is larger than the number of orders specified below. Specified according to the Pips Auto correction parameter.
◾First Order with TakeProfit 2 - the first order to use TakeProfit 2.
◾Use Grid Trailing stop - use trailing stop for the grid of true / false orders.
◾Stop Loss,% of balance (0 - not used) - maximum allowable loss level for the order network. Indicated as a percentage of the balance. To disable, specify "0".
◾TrailingStop, pips - trailing stop level in points. Specified according to the Pips Auto correction parameter.
◾Profit for TS activation, pips - profit level in points for activating trailing stop. Specified according to the Pips Auto correction parameter.
◾Trailing stop step, pips - trailing stop step in points. Specified according to the Pips Auto correction parameter.
◾Use orders´ Trailing stop - use individual trailing stop for true / false orders.
◾Magic Number - Magic number for the advisor's order label.