Grid MT4 Expert advisor ™ TheForexKings

SKU 00215
€74.90
In stock
1
Product Details

Grid MT4 Expert Advisor by TheForexKings

Grid is a distinct trading methodology often labeled as mechanical trading. Unlike standard approach, typical grid involves very little prediction. It takes advantage of market volatility to be able to extract money from the market. Due to extreme price volatility, Forex is especially suitable for this type of trading.

Grid MT4 EA by TFK allows building custom grid in any currency pair and involves multiple factors that allow creating of versatile grid for any market conditions. Grid MT4 EA by TFK, allows operating multiple grid based forex strategies.

How does it work

Trader choses parameter and direction of the grid. He can also chose to plot the grid simultaneously in both directions. Build in EMA filter can be also used to follow the the trend with the grid and close it when it reverses.

Trend following grid is suitable for clearly trending market. Bidirectional grid works best in ranging conditions. Trader that chooses to use grid for his trading should have the ability to calculate and manage the risk that grid trading involves. Poorly managed grid can lead to destruction of account. In other hand, intelligently plotted grid is just as secure as any other conservative trading system.

Performance

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  • Grid: Mechanical trading that extracts money out of the market
  • Volatility factor: Take advantage of price volatility and low trading costs in forex.
  • Time is a friend: Longer the grid operates, the more profit will it be able to accumulate. This is especially true when using it in the direction with positive swaps.
  • No exact predictions necessary: Trader just cant be completely wrong (plotting short grid in raging uptrend).
  • Traders discretion: Trader can place long grid, short grid or bidirectional grid and close all existing trades at will.
  • No trend: In market moving to the side, grid can trades in both directions taking advantage of market volatility.
  • Trend: Grid by The Forex Kings can also trade only in the direction of trend by applying EMA filter or solely on traders discretion.
  • Closing of trades: All trades can be closed on EMA defined trend reversal, by hitting maximum defined loss or manually.
  • Any timeframe: Grid can be plotted and adapted for any timeframe.
  • Grid MT4 EA by TFK places only market orders, not pending orders.

Get FREE Demo of Grid MT4 Expert advisor

Inputs

  • Allow EMA filter: True settings will allow opening grid trades only in the direction of EMA defined trend (EMA slow above EMA fast - short only, EMA slow below EMA fast - long only). True setting should be always used with closing of trades on trend reversal.
  • EMA fast period: Calculation period for EMA fast part of the trend filter.
  • EMA slow period: Calculation period for EMA slow part of the trend filter (must be larger than fast).
  • Close Buy on EMA reversal: True input will close all existing long trades on EMA trend reversal (to be always used with EMA filter).
  • Close Sell on EMA reversal: True input will close all existing short trades on EMA trend reversal (to be always used with EMA filter).
  • Close all trades: Manually setting input to True will close all existing trades on the grid.
  • Allow long GRID: True input will allow long grid (buy trades).
  • Allow short GRID: True input will allow short grid (sell trades).
  • Max number trades: Maximum number of trades per one side of the grid.

  • Grid interval points: Distance in points between trades of the grid. Calculated according to first trade of the grid (long/short).
  • Max loss points: Max loss in points. When reached all existing trades will be closed. Calculated according to the first trade of the grid (long/short biggest loser).

  • Take profit points: Take profit points for individual trades of the gird.
  • Stop loss points: Stop loss points for individual trades of the gird. When trader decides to use max loss points to close whole grid, this input should be set to ultra high value (to avoid stopping individual trades).
  • Magic number buy/sell: Modify both numbers when using EA on multiple currency pair per account.
  • Lot Size: Lot size for each trade (should be set to least possible amount due to the character of the grid and necessity to open many trades per side).
  • Spread filter: define max allowed spread to enter the trade.
  • MAX slippage: Modify maximum acceptable slippage for expert advisor to enter the trade.
  • Spread filter: Define maximum acceptable spread for expert advisor to enter the trade.

Rules of the expert advisor:

EA will create the grid according to traders specification. Grid trading can be risky and must be set up responsibly. Risk must be calculated in advance. Trader must make sure that the risk is tolerable.

Setting up the GRID

Pick the trading direction for grid, or use EMA filter to trade in the direction of current EMA defined trend. You can also plot bidirectional grid to trade in both directions simultaneously (best for sideways moving market).

Adjust inputs according to market conditions (uptrend -long grid, downtrend - short grid, range - bidirectional grid) and desired risk.

Adjust grid points (spacing of the grid), max number of trades, lot size, take profit and max loss in points.

Sell grid


Downtrend or strong resistances above the current price. Short grid: TRUE. Long grid: FALSE. Adjust inputs according to market conditions (grid interval points, number of trades, take profit and max loss).

Buy grid


Uptrend or strong supports below the current price. Short grid: FALSE. Long grid: TRUE. Adjust inputs according to market conditions (grid interval points, number of trades, take profit and max loss).


Bidirectional grid


Market moving in range strong supports below the price, strong resistances above the price. Short grid: TRUE. Long grid: TRUE. Adjust inputs according to market conditions (grid interval points, number of trades, take profit and max loss).

Market moving in range strong supports below the price, strong resistances above the price. Short grid: TRUE. Long grid: TRUE. Adjust inputs according to market conditions (grid interval points, number of trades, take profit and max loss).

Expert advisor is based on transparent and fully tested forex strategy.

Original and transparent MT4 expert advisor. Developed and created by professional FOREX traders at www.theforexkings.com . Tested for profitability on EURUSD tick data since 2003. Thousands of viable input combinations available for EURUSD alone. Works with any timeframe and any FX pair.

Main features of this expert advisor:

  • Tested on high quality tick data: High accuracy testing on EURUSD tick data (1H). 100+ Viable inputs combinations for EURUSD pair alone.
  • All inputs unlocked: You can adjust and modify your expert inputs. It can be then applied on any time frame and any currency pair. You can modify the settings at will to achieve the best possible results and make the expert suit your needs.
  • Transparent expert advisor: No smoke and mirrors. Rules are clearly stated and functionality can be easily verified by manual charting on forward or historical data.
  • Works with most of the MT4 Forex brokers: Our expert advisors were adjusted to work with almost any MT4 FOREX broker.
  • Works with any time frame: Simply drag and drop the expert on time frames you would like to use.
  • Works on any currency pair
  • Expert advisor will not draw any indicators in your chart.

Disclaimer and user agreement:

Expert advisor was tested for profitability on historical data. All screen shots provided are displaying real results of the test. However past data will never guarantee future success. Every expert advisor needs to be tested properly on demo account. LIVE use only on your own risk. Read full disclaimer. TheForexKings Team does not give any financial advice. TheForexKings does not take any responsibility for any user’s investments and investment decisions. All rights reserved. Strictly for personal use.

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MT4 Expert advisor will work according to the description.You Backtest will match results of our backtest (using same test and inputs ). Expert advisor will work with your broker.

30 day money back guarantee.If expert doesnt closely match our test results, run the same test (timeframe, inputs, type).Send us the report. Allow few days to analyze and refund.

One time payment secured by PayPal. Lifetime license. FREE updates and support. You will recieve link for EX4 file immediately after the purchase. Download link will be also send to your email.

Easy, drag and drop installation.

 You will recieve EX4 file is ready to use. Copy the file into your MT4 Expert advisors folder and restart the platform.

ABOUT US

THEFOREXKINGS

“Trading FOREX since 2006. Full time trader and web developer since 2013. My two biggest hobbies are trading and web development. In TheForexKings I managed to connect both of them. Even after 12 years of trading I still have the same passion for the market as at the beginning. The aspect I enjoy the most : development and testing of new ideas.” 

 

Only in 2016 - 2017 we have created more than 400 forex strategies. During this period we have also developed and published +200 MT4 Expert advisors based on those strategies. We are dedicated to provide you with viable and complete trading systems that have thrived in extensive historical testing. We want to give you complete and transparent trading solutions, that once mastered ,will set you financially free. We want to give you a fighting and winning chance in the market. ” 

—  Marian, Proprietor of TheForexkings.com

DEVELOPED BY PROFESSIONALS

We are experienced Forex traders and developers, trading consistently since 2006. We have developed hundreds expert advisors both for ourselves and our clients.  We know what works and what doesn't in the FOREX . 

TRANSPARENCY

OF RULES

Each system is published with total transparency. Rules are stated in full. Each trader can verify system results by simply applying the rules on his chart. No smoke and mirrors, no overpriced secrets.

TESTED WITH

HIGH ACCURACY

Each of our systems is tested on more than a decade of high quality historical data. Each system must be robust enough, to have at least 100+ profitable inputs combinations. We use very robust candle based testing model (results are not dependent on unstable tick data).

200+ MT4 Expert Advisors

Only during 2016 - 2017 we have created (and published), more than 200 unique expert advisors. To be able to create 200 historically profitable EAs we had to create upwards to 400 other trading robots that failed our tests.This makes us one of the most prolific developer of trading systems in the world.

WIDE VARIETY

OF SYSTEMS

We do not discriminate. We test and produce all types of systems believing that there are countless ways to profit in the forex market. From ultra aggressive systems to conservative systems that will open a trade only once or twice per year. 

WHAT TRADERS SAY