Pyrogrid

Overview

Pyrogrid - Advisor, which can be used for fully automated trading, and to work with existing transactions (market and pending orders), open hand or another expert. Advisor uses a pyramid strategy in cases when the market is in a favorable direction, as well as applying the grid when the market goes against you. If the auto trade option auto-trading is set to true, the adviser opens trades against the trend when the market reaches its extremes (defined by RSI).

Pyramid

If the market moves in the direction of your first transaction, an expert Pyrogrid EA open additional transaction (using stop orders), to increase profits.

After the opening of the three transactions expert move the stop-loss level of all transactions in the last open transaction. Thus the three deals will come to the level of bezubytka and pyramid will grow by opening more sales.

Grid

If the market moves against you, Pyrogrid will continue to open the transaction (using limit orders), the size of each transaction larger than the previous.

All trades will be closed at a time when the total return or when the average number of pips to reach a certain level

Graphic arts

• Blue line: Shows the average opening price of all deals


• Red line: Shows the stop-loss of all trades


• Yellow line: Shows take profit trades

expert advisor

Manual transactions (market and pending orders)

It is recommended to use a counselor this way

• Start the expert charting tool that you are going to trade.


• Adjust the grid and pyramid


• Install use_external_manual_trade parameter to true


• Do not run on the same currency more than once if you are going to use the deal, open hand

With other experts:

• Place both the adviser on the instrument graphics, which are going to trade


• Adjust the grid and pyramid


• Install use_external_manual_trade parameter to true


• Make sure that both advisors use the same magic number


• The external examiner should not open additional transaction, closing of the transaction, modify the stop loss / take profit

Auto mode:

• Start the expert charting tool that you are going to trade.


• Adjust the grid and pyramid


• Install auto_trading parameter to true.


• Advisor to open the transaction, the opposite trend when the market is at peak.

(On a purchase at a peroid RSI closure 14 and below 30 produzhe if RSI with a period of 14 closes above 70)

notes

• You can place several pending orders with a magic number. They will be removed as soon as the work is the first transaction.


• One tool can run multiple instances of the expert with different magic numbers. It does not work in this mode with transactions manually open.


• Experiment settings mesh / pyramid using various settings according to the tool market state, goals, strategies yield.


• Exercise caution when using this expert, as the grid strategy may be risky

expert settings

• pyramid_trades_gap: the distance between the pyramid trades


• max_pyramid_trades: the number of additional transactions in the pyramid.


• grid_trade_gap: distance between transactions in the grid


• multiplier: multiplier for transactions in the grid


• minutes_between_trades: pause between transactions in the grid


• profit_calculation: method of calculating the total profit for the transaction in the grid. 0: average points 1: the exact amount


• net_take_profit_pips: if the method of calculation of profit 0, the transaction will be closed to achieve the specified average number of points.


• net_take_profit_amount: if the method 1, the transaction will be closed during this amount of profit.


• Max_Orders: the maximum number of deals


• enable_max_loss: close the deal when the maximum floating loss


• max_loss_percent: loss-making percentage of balance, in which all transactions will be closed


• fixed_spread: if true, the fixed spread


• spread: Spread in pips if fixed_spread = true


• commission_in_pips: broker commission pips


• use_external_ea: true if the advisor has to work with transactions, opened by other experts.


• use_external_manual_trade: true if the advisor has to work with transactions manually open.


• auto_trading: if true, the transaction advisor to open automatically on RSI


• Lot : The lot size of the first transaction


• Auto_Lot: if true, the lot size will be calculated as a percentage of the balance


• Lot_Percents: a percentage of the balance sheet, if the Auto Lot = true


• Magic: Advisor magic number