MT5-Super Smart Grid MT5

Super Smart Grid is a complete package with multitude of strategies built-in, yet simple to use.

Advantages of Super Smart Grid EA:

• Easy to setup
• Suitable for all levels of traders
• Any timeframe on any chart
• Built-in configurable Averaging function
• Grid distance coefficient
• Grid Lot coefficient
• News Filters
• Time Filters

Recommendations:

• For controlled risk, use on M5, M15 or higher timeframe
• Test on demo accounts for at least 2-4 weeks before going live
• ECN broker is always recommended.
• A low latency VPS is always recommended.

Parameters Explained:

EA General Settings

• IsDashboardCommentOn: if true, Turn on Dashboard Comments
• MagicNumber: Magic Number for this EA on this chart
• Slippage: Max Slippage permitted for trade orders
• Comment: Default "SSG". User can put whatever text s/he wants to display in Comments
• Comment X Position: X co-ordinates to display comments
• Comment Y Position: Y co-ordinates to display comments

Position Sizing Settings

• Lots: Default 0.01. User can set Starting Lot
• MaxLotSizePermitted: Dafault 0.10 for Max Lotsize Permitted. User will never have a bigger LotSize than specified here
• Position Sizing Method: Select One. [Lot Step/Grid Lotsize Coefficient/Martingale/Lots Sum]
• Lot Step: Default 0.01 for Lot Step Selection
• GridLotSizeCoefficient: Default 1.05 for Grid Lotsize Coefficient. A value above 1 will increase LotSize for every new level and vice-versa

Risk Control Settings

• Position Count to Start Risk Control: Dafault 8 Positions Count to Start Risk Control. After 8 (By OR Sell individually)positions, EA will try to close the First position using profit of the last positions combined.
• Position Count to Activate BreakEven: Default 20 Positions Count to Activate BreakEven. EA will try to close all positions at breakeven after 20 trades.
• Minimal Profit Amount to close Risk Positions: Default 1 dollar/Euro etc. Minimal profit amount to close Risk Positions(Averaging/Breakeven)
• Max Positions Allowed: Default 30 Max Positions Allowed to Open in each directions (For Example: 30Buys/30Sells)
• Use Signals For First Trade Only: Default false. If True, any additional grid will only open if Min distance and Signals are positive
• Enable Trade Only Once Per Bar: Default true. Default current chart timeframe. Enable Trade Only Once Per Bar on selected timeframe
• Stop Opening New Positions: Default false. When User Set it to True, EA will Stop Opening anymore New Positions.

TP & SL Settings

• Enable StopLoss At Max Positions: Default false; If true, EA will start closing First position when Total Trades reach a count of Max Positions specified in above settings.
• Units for Calculating MinDistance, TP: Select from Pips/Points
• Min Distance: Default 50. Min Distance between Grids
• Grid Distance Coefficient: Default 1.1 for Grid Distance Coefficient. A value above 1 will increase distance for every new level and vice-versa
• Take Target: Default 55. Take Target for Profit

News Filter Settings

For News Filter to work, Go to "Tools"->"Options"->"Expert Advisors"->"Allow WebRequest for listed URL", Add this url: http://ec.forexprostools.com

• News High Impact: Default false; Enable High Impact News
• News Medium Impact: Default false; Enable Medium Impact News
• News Low Impact: Default false; Enable Low Impact News
• Stop Before News (In Minutes): Default 15 Mins; Stop trading Before News (In Minutes)
• Stop After News (In Minutes): Default 15 Mins; Stop trading After News (In Minutes)

Day/Time Filter Settings

• Allowed Days: Default "MON, TUE, WED, THU, FRI, SAT, SUN"; Allowed days(Comma separated and First three letters)
• Start Time: "0:00"; Start Time(HH:MM, 24HRS Format, 00:00 to 23:59)
• End Time: "23:59"; End Time(HH:MM, 24HRS Format, 00:00 to 23:59)
• Holiday Period: "2019/07/14-2019/07/16" In Format (YYYY/MM/DD - YYYY/MM/DD). Set past period to ignore

Rest of the settings are common indicators. If user want to use it, they can enable it.

We have a discussion (Share 'n Care) group on Telegram. To become part of it, just ping/message me.

The program is distributed on an “as is” basis.

All modifications and updates are made at the discretion of the author.

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