Monday, December 11, 2017

PipTick Grid Trader MT4

PipTick Grid Trader MT4


PipTick Grid Trader Expert Advisor allows you to earn on to the flat market. Robot trades up and down and creates two separate screen in accordance with the settings. In both cases, a separate account and a virtual take-profit in money. Advisor uses a virtual stop-loss as a percentage of the bill. Traders can work with the classic grid with a fixed distance between the orders, or choose a more "adaptive" dynamic grid with warrants based on the ATR.


EA does not work on a "set and forget". It is designed for semi-automatic wire trade. It offers traders the opportunity to develop their own "know-how" and procedures. For example, you can decide whether to use the martingale or hedging functions to set different revenues for the long and short side, use different distances and more.




recommendations



  • First test the demo account. You should always be familiar with your advisor before real trading.

  • Spend a few tests on history. It is always useful to know what settings work for a particular market.

  • Never use too little distance between orders. The vast majority of network strategies fail due to an incorrect distance between the orders. Statistics tells us that you are likely to succeed if you use a large enough distance between orders. We recommend a minimum of 40 pips.

  • Never trade in only one market. Work at the same time for at least five unrelated together markets. This significantly reduces the risk. Trading portfolio - the best way to avoid a large drawdown. In this case, you do not need a huge trading account for the formation of the portfolio. As you will see on your demo account, the portfolio price may be 1000 USD.

  • Never trade before the release of important news. We will never know how to react to them market. Remember, the grid strategy is designed primarily for the flat.

  • Close all the grid ahead of the weekend. No one knows where the market opens on Monday. If the gap is formed, some orders may not work. For grid strategy is critical to operation of all established orders.

  • Avoid strong trends. When properly configured, the adviser can even be used in trending markets. However, strong trends should be avoided.




Input parameters



  • Grid_Type - classical or dynamic mesh

  • Grid_Direction - direction of trade. BUY (buy), SELL (sell) or BUY & SELL (both)

  • Magic_Number - advisor ID. If you use more than one adviser, the identifier must be unique

  • Initial_BUY_Lotsize - first lot size buy orders in the grid

  • Initial_SELL_Lotsize - lot size of the first sell orders in the grid

  • BUY_Order_Multiple - the size of the next orders for the purchase of the lot

  • SELL_Order_Multiple - lot size later sell orders

  • BUY_Depth - the total number of warrants to purchase the grid

  • SELL_Depth - the total number of sell orders in the grid

  • BUY_Distance - fixed distance between orders to buy

  • SELL_Distance - fixed distance between sell orders

  • BUY_Distance_Multiple - the distance between the buy orders on the basis of the values ​​of ATR

  • SELL_Distance_Multiple - the distance between the sell orders based on the value ATR

  • BUY_Profit - total profit for purchases in the currency of the account. This distance must always be greater than the distance between the first two orders for the purchase of money

  • SELL_Profit - total profit to sales in foreign currency accounts. This distance must always be greater than the distance between the first two orders for sale of money

  • BUY_Profit_Multiple - total profit for purchases in accordance with the value of the ATR. This value must always exceed BUY_Distance_Multiple

  • SELL_Profit_Multiple - total profit for sales in accordance with the value of the ATR. This value must always exceed SELL_Distance_Multiple

  • ATR_Period - calculation period ATR

  • Risk_% - the maximum risk of the entire grid. Calculated as a% of the trading account

  • Restart - whether or not to restart the advisor to the maximum risk

  • Text_Size - size of the text on the chart


PipTick Grid Trader MT4

Video



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