FX PowerGrid Plug-in for Expert Advisor Builder: Easily Build a Fully-Customized Trading Grid Expert Advisor
The FX PowerGrid Plug-in allows you to quickly and easily build a fully customizable Trading Grid Expert Advisor.
Trading Grids work great in ranging markets, but the MQL code required to build a custom grid is complex. Until now.
A Trading Grid should be part of every trader’s arsenal of tools. With the FX PowerGrid you can add this powerful tool to your collection. And you can customize it.
As you may know, my Expert Advisor Builder (Visual Traders Studio) is a free-range, drag and drop EA builder. VTS generates MQL code from the drawings that you create. With the FX PowerGrid Plug-in you can add a trading grid just by dragging and dropping a single grid function.
What Exactly is a Trading Grid?
Imagine the current market price of your favorite currency pair is 1.4000. A Trading grid allows you to create levels above and below the price of 1.4000 to open BUY or SELL orders at predefined price increments. For example, if the price moves up 20, 40, and 60 points, you open a trade at each level. You can do the same if the price moves down. (Most grid traders will SELL into a rising market and BUY into a falling market: The idea is to catch the inevitable retrace in a ranging market).
Here is picture of a price chart that is running an FX PowerGrid Expert Advisor. This EA has 3 levels up and 3 levels down in the trading grid.
There are just 2 functions you need to created your grid (actually, only one to build it):
fnGrid creates the entire trading grid.
fnRemoveLines is an function that programatically removes all of the lines from a price chart. (So you don’t have to remove them manually.)
Need more Up Levels than Down Levels? Want to use indicators values instead of offsets? Want to open a different Lot size for each Level? No problem. The User Interface used to configure the fnGrid function allows you to do all this and more with simple clicks of the mouse (no programming!).
White Box Code
The MQL code I’ve written to allow you to create a trading grid is complicated. It makes great use of a type of memory storage called an “array”. Arrays are useful for storing lists of values – and a trading grid has many lists. Anyway, this is all clear-text, white-box. You are welcome to read and/or edit the MQL code at your leisure..
Want more details? Click here to see to the full documentation
Like All of my products, the FX PowerGrid Plug-in comes with Two Promises
|Free Lifetime Updates: I’m always on the look-out for grid trading methods. When I add new options to the FX PowerGrid Plug-in, you’ll receive them free of charge.|
|I personally create all of my own software products and I stand behind them. I offer a 30-day, no-questions-asked money back guarantee on every product.|
Only $79.00 USD