One parameter that I like to use with caution is the grid-martingale systems.

So I made some changes to the code, and now it's working like it should, plus some other changes.

Why don't you add that option with order management for the "risky" users?

All you need to explain your portfolio usually with strategies made with a stop of 500 and take of 25 and then add the parts of the code contained in that source code

Hugs to all grid lovers

Thanks for sharing.

I tried to test it on MT5. It does not place trades both in a demo and in strategy tester.
Please check.

Thank you.

First I'm sorry it seems I cant attend the event due to my work, but I'd like to share my grid trading strategy here

The main problem I get from many grid EAs is they keep opening new grid trades against the trend that result to blown accounts, or at least big loss if they apply maximum drawdown limit.

The main diffrence from typical grid is, my strategy uses a combination of entry logic and minimum grid range as a trigger for new grid trades, while the typical grid strategy only use grid range to open new grid trades, ignoring the trend has reversed or changed.

Basic strategy parameter
1. First lets choose the entry logic for buy or sell signal, it can be as simple as moving average crossover or oversold RSI
2. Second we choose the intial lot size and minimum grid range, lets say initial lot is 0.01 and minimun grid range is 100 to 199 pips
3. Grid range and initial lot size work like this for next orders
Minimum grid range = 100 pips ,means 100 to (2x grid range) -1, so it's 100 to 199,
Minimum grid range 50 pips means 50 to 99 pips,
and minimum grid range 25 pips means 25 to 49
Example :
Grid range 100 pips
Price minus 100-199 pips away from the last open buy (not the first open order), 2× initial lot
Minus 200-299 pips away from last open buy, 3x initial lot
Minus 300-399 pips away from last open buy, 4x initial lot
Minus 400-499 pips away from last open buy, 5x initial lot
And so on

The EA will only open a new grid trade if a buy signal appears on those ranges, otherwise trades are skipped

Trading example :
1. When the buy signal appears, EA will open the first trade for that direction.
2. When the buy signal appears again and position is floating, lets say minus 50 pips from the last open buy (not the first open order), the EA won't open any trade because it's below grid range which is 100-199 pips.
3. Buy signal appear again, this time it's minus 110 pips from the last open buy so it will open a new buy trade with 0.02 lot (2x the initial lot)
4. Buy signal appear again, minus 210 from the last open buy, a new buy trade 0.03 lot (3x initial lot)
5. Buy signal appear again, minus 150 pips from the last open buy, a new buy trade 0.02 lot (2x initial lot)
6. When total open buy orders are positive, the EA will close all buy orders in basket
7. EA should be able open buy and sell simultaneously but manage each direction separately.

The advantanges
1. The EA only open new grid trades within trend direction, because it need buy/sell signal within minimum grid range as trigger
2. The lot size management in my opinion is more efficient compared to flat lot grid strategy and safer than typical martingale grid strategy

Here's the picture for comparison

Sorry if my english is not perfect I hope you can understand what I mean

Best regards.

I don't know how to send an image here in the post but the growth graph is beautiful and I already have results in real accounts

Edit: 2024-04-25 - Grid Explorer (Hedging) v1.2 attached

I started working on a Grid trading robot called "Grid Explorer (Hedge)".

* 2024-03-16 - Grid Explorer (Hedge) v1.0 - First public release.

This robot trades only at Grid levels.
It opens Long and Short positions at every Grid level (Hedge).
The robot closes the positions at a profit and keeps the losing ones open.

This Robot uses Martingale.

I already have a prototype that can be tested using the MetaTrader 5 tester and run on a demo account.

The results are very promising because the robot shows a profit on the MetaTrader Tester in almost all markets.

This is a EURUSD screenshot:

Balance chart:

Backtest stats:

Free Grid Robot: How do Grid systems work and what are the risks?

.

I started working on a new project named Grid Explorer.

Purposes:
- Explore different Grid trading algorithms
- Explore the effect of the Grid size parameter
- Explore the effect of using Martingale money management

Applications:
- Developing a Grid Robot for testing in MetaTrader Tester and Live trading
- Develop an analytical application for generating, optimizing, and analysing the parameters of the Grid systems.

Goals:
- Find the best Grid algorithms for real trading
- Establish recommendations for backtest performance parameters (Profit, Drawdown, Account load, ...)
- Find the best markets for trading Grid systems
- Find the best brokers for trading Grid systems

Please share your experience with the Grid systems and participate actively in the development discussions.

Trade Safe