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A professional Grid advisor works according to RSI ( Relative Strength Index ) indicators. And has the function of Reducing the Drawdown on the account by overlapping unprofitable orders. The chart displays information about the profit. It can be a very useful tool, For manual trading.
⚡ Recommend ECN broker with LOW SPREAD: IC Market , Exness, NordFX , FXPRIMUS , Alpari , FXTM
⚡ Pls try this EA with Demo account or Cent account! SETTING #44 for EU H4, GU/ GJ M30/H1, GoldM1/M15
⚡ Try Paid version for more function : Grid EA Pro RSI MT4
⚡ It good to combo with Buy Sell Signals to follow Trend and Sellect Buy Only/Sell Only for EA work Semi-Automatic.
OPTIONS:
- RSI_PERIOD – period for calculating the relative strength index;
- UP_LEVEL – upper bound;
- DN_LEVEL – lower bound;
- RSI_TIMEFRAME – timeframe for calculation;
- START_LOT – initial lot;
- LOT_MULTIPLIER – lot multiplier in the order grid;
- MAX_LOT – maximum lot;
- STEP_ORDERS – order grid step;
- STEP_MULTIPLIER – order step multiplication factor, if = -1 then it is not used;
- MAX_STEP – maximum order grid step;
- OVERLAP_ORDERS – from which order to enable the order overlap function;
- OVERLAP_PIPS – minimum profit in pips for closing unprofitable orders;
- STOPLOSS, TAKEPROFIT – stop loss and take profit in pips, if = -1 is not used;
- BREAKEVEN_STOP, BREAKEVEN_STEP – level and step of breakeven, if = -1 is not used;
- TRAILING_STOP, TRAILING_STEP – trailing stop level and step, if = -1 is not used;
- MAGIC_NUMBER, ORDERS_COMMENT – magic order number and comment;
- START_TIME, END_TIME – time at which it is allowed to open orders. if = “00:00”, then not used
