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Grid Master PRO
Grid Master PRO
$24.99
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Product Description
Grid Master PRO
- Experts
- Lachezar Krastev
- Version: 1.1
- Updated: 22 May 2023
- Activations: 5
SHOCK SALE!!! BUY NOW Grid Master PRO with 50% DISCOUNT and GET a GIFT EA by your choice! – after purchase contact me to get your gift EA!
NOTE: Grid Master PRO Current price: $187 (The next price $367) – The offer is for limited period of time!
Grid Master PRO Signal Account: https://www.mql5.com/en/signals/1899643
Grid Master PRO is a fully automated trading system, which takes much of the work out of trading, leaving you free to do other things.
Grid Master PRO is the professional version of my very popular EA – BF Grid Master EA. I have implemented a lot of new additional features and systems in this PRO version in order to improve its overall performance. I have added 3 additional trading strategies in the Grid Master PRO which increase the total profit. I have added Advanced Time Management system, Notification System, Friday Exit System, Advanced News Filter and i have added additional parameters for making Grid Master PRO more flexible.
Grid Master PRO is an efficient trading strategy developed especially for GBPUSD. However, if it is used wisely it can be adapted and applied for almost any trading instrument.
Grid Master PRO also support NZDCAD, AUDCAD and EURJPY currency pairs. Official set files can be found in the blog! In order to trade successfully on EURJPY pair you need to have at least the version 1.6 of Grid Master PRO!
There is a MT5 version too! Click here to check it!
The grid based trading techniques are a very controversial topic in the trader’s community. The reason for this is the following – used properly with proper risk and settings, they can generate consistent gains relatively safe with performance incomparable with any other trading strategy. On the other hand in certain circumstances they fail dramatically. The key elements for the success of any grid based trading are the applied risk and the right entry and exit trading logic.
Grid Master PRO is designed to pick up the right moment for the initial market entry and for the following additional grid based recovery trades. The second safety line of additional trades is a unique feature, which is not present in any other grid EA on the market. This feature allows a safe “high frequency” scalping, when the price is in a narrow range and as well a second line of distant drawdown compensating trades in case the market price breaks in the wrong direction. The second line of drawdown compensating trades is initiated only in extremely stretched in the “wrong” direction market, only after a very strong market reversal pattern is detected.
Please, backtest on GBPUSD after 2009, using the “M1 open price only” method, with start balance at least $3000!
Using risk level equivalent on 0.01 lots on $3000 account balance, or lower, is essential for long-term success with Grid Master PRO!
Grid Master PRO features
- Overbought-oversold trend filter
- Long only and short only option
- Add on reverse option
- Second line of recovery option
- Advanced News Filter
- New, improved, highly effective trading logic
- Email and Push Notification system
- Advanced Time Management system
- Friday Exit System
Important notes
- The minimum starting capital is $1000
- The advised starting capital is $3000
- For accounts from significant importance, AutoMM greater than 0.1 is not recommended. This is the equivalent of 0.01 lots initial trade on $10k account equity. In this case, the annual ROI (Return of Investment) can be expected in the 15-30% range
- The default settings are only for GBPUSD
- There are .set files for NZDCAD, AUDCAD and EURJPY in the blog. In order to trade successfully on EURJPY pair you need to have at least the version 1.6 of Grid Master PRO!
- Recommended time frame M15
- The default settings can be classified as reasonably aggressive. Please, perform your own backtests and examine the way the EA works! If these settings are too aggressive for you, then you can try the conservative settings.
- Recommended backtest method: M15 by every tick
- Fast backtest method: M1 open price
Settings
- Signal_1 – true/false
- Signal_2 – true/false
- Signal_3 – true/false
- Signal_4 – true/false
- Magic – magic number
- EA_Coment – text which will be added as a comment to each trade opened by Grid Master PRO.
- MaxSpread – maximal allowed spread for position opening.
- ….
If you like my product, please write a review! I will be very grateful!
You can check out my other products in my profile!
If you want to be notified of my new products, please add me as a friend!
MQL5 channel. For news and discount here -> https://www.mql5.com/en/channels/fxautomater
Telegram channel -> https://t.me/fxautomater_official
Please, check my other products in MQL5 Market:
- BF Scalper PRO: MT4 version | MT5 version
- Smart Scalper PRO: MT4 version | MT5 version
- News Scope EA PRO: MT4 version
- GOLD Scalper PRO: MT4 version | MT5 version
- Omega Trend EA: MT4 version
- Grid Master PRO: MT4 version | MT5 version
- Forex Gold Investor: MT4 version | MT5 version
- Forex Trend Detector: MT4 version | MT5 version
- Forex Combo System 4 in 1: MT4 version
Grid Master PRO is the professional version of my very popular free EA – BF Grid Master EA. I have implemented a lot of new additional features and systems in this PRO version in order to improve its overall performance. I have added 3 additional trading strategies in the Grid Master PRO which increase the total profit. I have added Advanced Time Management system, Notification System, Friday Exit System, Advanced News Filter and i have added additional parameters for making Grid Master PRO more flexible.
Grid Master PRO is a very effective and profitable trading strategy developed especially for the GBPUSD currency pair. However, if it is used wisely it can be adapted and applied for almost any trading instrument.
Grid Master PRO also supports NZDCAD, AUDCAD and EURJPY currency pairs. Official .set files can be found at the bottom of this post! In order to trade successfully on EURJPY pair you need to have at least the version 1.6 of Grid Master PRO!
The grid based trading techniques are a very controversial topic in the trader’s community. The reason for this is the following – used properly with proper risk and settings, they can generate consistent gains relatively safe with performance incomparable with any other trading strategy. On the other hand in certain circumstances they fail dramatically. The key elements for the success of any grid based trading are the applied risk and the right entry and exit trading logic.
Grid Master PRO is designed to pick up the right moment for the initial market entry and for the following additional grid based recovery trades. The second safety line of additional trades is an unique feature, which is not present in any other grid EA on the market. This feature allows a safe “high frequency” scalping, when the price is in narrow range and as well a second line of distant drawdown compensating trades in case the market price breaks in the wrong direction. The second line of drawdown compensating trades is initiated only in extremely stretched in the “wrong” direction market, only after a very strong market reversal pattern is detected.
Probably, the safest way of using grid based trading strategies is to determine wisely the most probable trading direction and allow trading only in this direction.
The Difference between Grid Master PRO and BF Grid Master EA (free version)
WARNING: Grid Master PRO is a grid based trading strategy. You should not use it, if you are not aware of the risks associated with this type of trading. Do not risk money, you cannot afford to lose!
Grid Master PRO Features:
- Overbought-oversold trend filter
- Long only and short only option
- Add on reverse option
- Second line of recovery option
- Advanced News Filter
- New, improved, highly effective trading logic
- Email and Push Notification system
- Advanced Time Management system
- Friday Exit System
Important Notes
- The minimum starting capital is $1000
- The advised starting capital is $3000
- For accounts from significant importance, AutoMM greater than 0.1 is not recommended. This is the equivalent of 0.01 lots initial trade on $10k account equity. In this case, the annual ROI (Return of Investment) can be expected in the 15-30% range
- The default settings are only for GBPUSD
- There are .set files for NZDCAD, AUDCAD and EURJPY at the bottom of this post. In order to trade successfully on EURJPY pair you need to have at least the version 1.6 of Grid Master PRO!
- Recommended time frame M15
- The default settings can be classified as reasonably aggressive. Please, perform your own backtests and examine the way the EA works! If these settings are too aggressive for you, then you can try the conservative settings from here
- Recommended backtest method: M15 by every tick
- Fast backtest method: M1 open price
IMPORTANT: Please, pay attention to the parameters MondayTradingHours, TuesdayTradingHours, WednesdayTradingHours, ThursdayTradingHours and FridayTradingHours! In order to get proper results, you have to set them correctly according to your broker GMT Offset. Read carefully the parameters explanation below!
Money Management
Grid Master PRO comes with Money Management System. You can set a risk in percent and the robot will automatically calculate the lots according the risk and your account free margin.
Advanced News Filter
Grid Master PRO is equipped with Advanced News Filter. Thanks to this filter you can avoid trading during most important news and events. The news filter can increase the profit factor of the system and reduce the drawdown. It is disabled by default and you can configure it precisely.
Configure MT4 terminal to allow WEB Requests to the following url: http://www.fxautomater.com You can find it in: MT4 terminal -> Tools -> Options -> Expert Advisors -> Allow WebRequests for listed URL (check the image below):
This is very important! This is the only way the News Filter to work properly. The information for the coming News and Events is on my website and you have to give a permission to the MT4 terminal to allow connections to my website.
Advanced Time Management System
With the Time Management System you can precisely configure the robot to trade only during specific hours. You can also configure the robot to trade or not on individual week days. This is a very powerful option which will let you avoid the most dangerous periods and to trade the best periods when the robot shows best results.
Friday Exit System
We all know that sometimes it could be risky to trade on Friday because the trades may remain during the weekend and may be closed on big loss due to Monday gaps. Grid Master PRO has a Friday Exit system and you can configure the robot to close all trades on Friday evening at a desired time and to stop trading after this time.
E-mail and Push Notification System
Grid Master PRO will inform you about all actions performed in your account. It easy to set-up your terminal to receive these notifications. Grid Master PRO can send email and push notifications to your mobile phone and inform you about its trades. By default these options are disabled. Please read below Grid Master PRO Settings to learn how to enable Email and Push notifications.
Advanced Recovery System
Grid Master PRO is equipped with advanced recovery system which open additional recovery trades with high risk to compensate the initial losing trades. Check the below image:
Video Tutorials
Grid Master PRO Settings
==== Available Signals ====
- Signal_1 – true/false to enable/disable Signal 1
- Signal_2 – true/false to enable/disable Signal 2
- Signal_3 – true/false to enable/disable Signal 3
- Signal_4 – true/false to enable/disable Signal 4
==== Risk Management ====
- FixedLots – fixed trading volume (works if AutoMM=0).
- AutoMM – with values greater than zero activates the proportional automatic money management function – as an example the default value AutoMM=0.2 means that the initial trade will be 0.02 lots on $10000 account equity
- AutoMM_Max – maximum allowed risk value
- K_Mart – lot size multiplier for the first line additional trades
==== General Settings ====
- Magic – magic number – it is extremely important to keep this different for all robots.
- EA_Coment – text which will be added as a comment to each trade opened by Grid Master PRO.
- MaxSpread – maximal allowed spread for position opening.
- LongTrades – true/false to enables/disables the long trades
- ShortTrades – true/false to enables/disables the short trades
- OnlyManualTrading – to trade only manually by Grid Master PRO set this parameter to true. By default its value is false: this means that the robot can trade automatically and can be used for manual trading.
==== Custom Settings ====
- M1_Execution – true/false to enable/disable the execution of the trading logic on M1 bar open
- ForceProfit – market exit profit in pips
- ForceLoss – market exit loss in pips
- FixedTakeProfit – fixed take profit in pips
- FixedStopLoss – fixed stop loss in pips
- OscPer – the oscillator period on the M15 timeframe
- OscLev – the entry overbought and oversold level on the M15 timeframe
- OscPerHiTF – the oscillator period on the H1 and H4 timeframes
- OscLevHiTF – the entry overbought and oversold level on the H1 and H4 timeframes
- TrendFilterON – true/false to enable/disable MA based trend filtration
- MA1_Per – the period of the first moving average used in the trend filter
- MA2_Per – the period of the second moving average used in the trend filter
==== Additional Trades Settings ====
- MaxAddTrades – maximum allowed number of the first line additional trades
- AddOnReverse – activates a mode in which the additional trades are allowed only after a reversal bar is detected
- ReverseBarTF – the timeframe of the reversal bar for the AddOnReverse feature
- AddDistance_Default – the default minimal distance between any of the additional trades and the previews trade in pips.
- AddDistance_1 – the distance between the initial trade and 1st additional trade. If the value is 0 (zero) the value of AddDistance_Default will be used!
- AddDistance_2 – the distance between 1st additional trade and 2nd additional trade. If the value is 0 (zero) the value of AddDistance_Default will be used!
- AddDistance_3 – the distance between 2nd additional trade and 3rd additional trade. If the value is 0 (zero) the value of AddDistance_Default will be used!
- AddDistance_4 – the distance between 3rd additional trade and 4th additional trade. If the value is 0 (zero) the value of AddDistance_Default will be used!
- AddDistance_5 – the distance between 4th additional trade and 5th additional trade. If the value is 0 (zero) the value of AddDistance_Default will be used!
- AddDistance_6 – the distance between 5th additional trade and 6th additional trade. If the value is 0 (zero) the value of AddDistance_Default will be used!
- AddDistance_7 – the distance between 6th additional trade and 7th additional trade. If the value is 0 (zero) the value of AddDistance_Default will be used!
- AddDistance_8 – the distance between 7th additional trade and 8th additional trade. If the value is 0 (zero) the value of AddDistance_Default will be used!
- AddDistance_9 – the distance between 8th additional trade and 9th additional trade. If the value is 0 (zero) the value of AddDistance_Default will be used!
- AddDistance_10 – the distance between 9th additional trade and 10th additional trade. If the value is 0 (zero) the value of AddDistance_Default will be used!
There are 10 available slots for setting different distances between additional trades! By default MaxAddTrades is 3 and this means that the first 3 slots will be used. For example: If you set MaxAddTrades to 5 then the first 5 slots will be used and so on. In case that you want to set MaxAddTrades greater than 10, then the EA will use AddDistance_Default value as distance between the additional trades after 10th additional trade.
- AddDelay_1 – delay in minutes for opening of 1st additional trade. By default it is 0 (zero) which means that no delay will be used.
- AddDelay_2 – delay in minutes before opening of 2nd additional trade. By default it is 0 (zero) which means that no delay will be used.
- AddDelay_3 – delay in minutes before opening of 3rd additional trade. By default it is 0 (zero) which means that no delay will be used.
- AddDelay_4 – delay in minutes before opening of 4th additional trade. By default it is 0 (zero) which means that no delay will be used.
- AddDelay_5 – delay in minutes before opening of 5th additional trade. By default it is 0 (zero) which means that no delay will be used.
- AddDelay_6 – delay in minutes before opening of 6th additional trade. By default it is 0 (zero) which means that no delay will be used.
- AddDelay_7 – delay in minutes before opening of 7th additional trade. By default it is 0 (zero) which means that no delay will be used.
- AddDelay_8 – delay in minutes before opening of 8th additional trade. By default it is 0 (zero) which means that no delay will be used.
- AddDelay_9 – delay in minutes before opening of 9th additional trade. By default it is 0 (zero) which means that no delay will be used.
- AddDelay_10 – delay in minutes before opening of 10th additional trade. By default it is 0 (zero) which means that no delay will be used.
There are 10 available slots for setting delay before opening additional trades. But the robot will use only the slots equal to the value of MaxAddTrades parameter. For example when MaxAddTrades is 3 then the first 3 slots will be used.
==== Recovery Settings ====
- RecoveryProfit – exit profit in pips in case a recovery trade is opened
- RecoveryAfter – minimum distance in pips between the first recovery trade and the previews additional trade
- RecoveryTrades – maximum allowed number of recovery trades
- RecoveryTradesDistance – minimum distance in pips between the recovery trades
- RecoveryRiskMultiplier – lot size multiplier for the recovery trades
==== Time Management System ====
- AllowedHour_ForBacktest – this parameter is only for backtesting! It helps optimizing the Time Management system. Here is how you can use it. During the optimization set start value 0, end value 23 and the step 1. You can optimize only one day per optimization. For example you want to optimize the trading hours for Monday, you have to disable other days bay settings TuesdayTrading=false … to … FridayTrading=false. At the end of the optimization the tester will show you the best hours for trading on Monday. You can add these best hours in the parameter MondayTradingHours separated by comma, for example: 1,4,6.
- NoAddsAlso – if you set it true then the EA will not open additional trades in the hours which are not allowed for trading. If you set it false then the robot will open additional trades even that trading is not allowed in specific hours.
- MondayTrading – true/false – enable or disable trading on Monday
- MondayTradingHours – trading hours separated by comma. For example: MondayTradingHours=22,23,0,1,2 – only during these hours the robot will be able to trade
- TuesdayTrading – true/false – enable or disable trading on Tuesday
- TuesdayTradingHours – trading hours separated by comma. For example: TuesdayTradingHours=22,23,0,1,2 – only during these hours the robot will be able to trade
- WednesdayTrading – true/false – enable or disable trading on Wednesday
- WednesdayTradingHours – trading hours separated by comma. For example: WednesdayTradingHours=22,23,0,1,2 – only during these hours the robot will be able to trade
- ThursdayTrading – true/false – enable or disable trading on Thursday
- ThursdayTradingHours – trading hours separated by comma. For example: ThursdayTradingHours=22,23,0,1,2 – only during these hours the robot will be able to trade
- FridayTrading – true/false – enable or disable trading on Friday
- FridayTradingHours – trading hours separated by comma. For example: FridayTradingHours=22,23,0,1,2 – only during these hours the robot will be able to trade
- SaturdayTrading and SundayTrading – true/false – enable or disable trading during Saturday and Sunday respectively. Due to big GMT offset, some brokers trade during weekends and for that reason we added these parameters as well. There are two additional parameters SaturdayTradingHours and SundayTradingHours. They are similar as other …TradingHours parameters. They let you set the hours when the EA to trade during Saturday and Sunday in case your broker allows trading during weekends.
==== Friday Exit ====
- FridayExit – true/false – if you wish to close all trades on Friday, you should use FridayExit=true.
- ExitHourFr – the robot will close all open positions at this hour on Friday.
- LastTradeHour – the robot can trade until the end of this hour on Friday (including this hour).
If you decide to use the “FridayExit” option you should set LastTradeHour and ExitHourFr several hours before the market closing of your broker on Friday.
==== Notifications ====
- EMAIL_Notification – true/false – enable/disable email notifications.
- PUSH_Notification – true/false – enable/disable push notifications to mobile phones
===== GMT Settings ====
- GMT_Offset – winter GMT offset of your broker.
- Calculate_DST – true/false – Set TRUE if the broker shifts the GMT offset with +1 in Summer. Set FALSE if broker use same GMT offset whole year.
==== News Filter Settings ====
The News Filter function is disabled by default. It is your personal choice whether, or not to activate this function. The News Filter function can increase the profit factor of the system and reduce the drawdown, but also can reduce the number of the trades and the total profit.
- Avoid_News – true/false – use or not the News Filter.
- Include_Medium_News – true/false – include, or not the medium impact news. The high impact news are included by default.
- Filter_NFP_FOMC_ONLY – true/false – when true the news filter will stop trading only during NFP and FOMC news.
- Wait_Before_News – the amount of minutes, before the news release, when the trading will be disabled.
- Wait_After_News – the amount of minutes, after the news release, when the trading will be enabled.
Configure MT4 terminal to allow WEB Requests to the following url: http://www.fxautomater.com Only this way the news filter will be able to work properly! You can find it in: MT4 terminal -> Tools -> Options -> Expert Advisors -> Allow WebRequests for listed URL (check the image below):
Grid Master PRO Backtest Results
1. Grid Master PRO Backtest with all 4 Signals enabled on GBPUSD
2. Grid Master PRO Backtest with all 4 signals on GBNPUSD (real tick data + variable spreads)
3. Grid Master PRO Backtest with Signal 1 only on GBPUSD
4. Grid Master PRO Backtest on NZDCAD
5. Grid Master PRO Backtest on AUDCAD
How to backtest Grid Masterr PRO
If you wish to back-test Grid Master PRO, first you should download history from the MetaTrader history center: click Tools -> History Center, or press the “F2” key of the keyboard. In the list, find the currency pair that you wish to back-test and double click to expand it. Click “1 Minute (M1)” and then click “Download”. When the download process is finished, double click on “5 Minutes (M5)” and “15 Minutes (M15)” to convert the M1 data (repeat this for the rest of the time frames). Close the “History Center” window. Restart the MT4 terminal in any case. Check the below image!
To open the “Strategy Tester” window click the “Strategy Tester” button of the MetaTrader menu, or press “Ctrl+R” on the keyboard. In the “Strategy Tester” window choose Grid Master PRO, choose one of the supported currency pairs, choose M15 timeframe, choose the method “Every tick …”, as shown below. Click “Start” to start the back-test.
The back-test by “Every tick” is the most precise, but it is very slow. If you wish to save time you can run the back-test on M1 timeframe by “Open price only …” method and this will be correct too.
If you like my product, please write a review! I will be very grateful!
If you want to be notified of my new products, please add me as a friend! I regularly publish new forex robots!
Watch video tutorial to learn how to load the .set files in MT4 terminal
Watch video tutorial to learn how to load the .set files in MT5 terminal
Reviews 12
424
Es un gran EA, pero hay que seguir las recomendaciones de su creador. Lachezar ayuda siempre y proporciona las configuraciones adecuadas para sus productos, por lo tanto haciendo caso de lo que nos dice el autor en cuanto a balance y configuraciones podremos salir siempre bien parados. Los productos de Lachezar son fiables y Lachezar es una persona amable y dispuesta a ayudarte si tienes cualquier problema. Lo recomiendo siempre.
85
21
this is very good EA that implements money management, price action and grid strategy. theres a feature stoploss too. grid strategy must come with tight lot management, not everyone can implement this strategy but i believe that veteran traders will find this EA very useful.
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