Expert Advisor FU Grid

Test monitoring:

www.myfxbook.com/strategies/fu-grid/177828

Features / Requirements:

System Type: Grid
Timeframe: M5
Minimum balance: 5000
Number of characters: 5 (0.xxxxxx)
Currency pair: EURUSD
Expected Profit / Loss Ratio: 4.6 / 1

Installation:

There are no special requirements or comments. It is installed as a regular adviser for a pair of EURUSD M5 timeframes.

Description of the algorithm:

EA is looking for an entry point based on the last two bars.
If the initial orders do not bring profit, EA opens additional orders in the same direction in the form of a grid.
Exit when you reach TakeProfit or StopMinus.

Description of parameters:

Risk …………………………………………….Percent risk
MaxRisk ………………………………………………….Maximum risk as a percentage
TakeProfit …………………………………………….Take Profit
StopMinus …………………………………………….Maximum loss in percent
UpLot ………………………………………………….The degree of lot increase
Step …………………………………………….Grid step
MaxOrders ………………………………………………….Maximum number of orders in the grid
TimeStart …………………………………………….Trade Start Time
TimeEnd …………………………………………….Trade End Time
Magic …………………………………………….Order marker

For open source .mq4, contact:

 Phone: +380963149190
 E-Mail: forexforua@gmail.com 
 Skype: FOREXforUA
 Telegram: @forexforua

Leave a comment