Trading Robots for MetaTrader 5

Wolfgrid EA MT5

wolfgrid-ea-mt5-logo-200x200-9483
220.00 USD

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Information

Experts
MetaTrader 5
5
Dorian Baranes
17 July 2018
6.5
22 March 2019

Overview

Wolf Grid EA is an expert advisor using customized indicators to identify trend reversals. The entries are usually accurate and in case if the trend reverse with a delay the positions will be managed by a smart grid system.

This system uses a grid of orders which increases lot size after the stop loss is reached. The grid size is limited for more safety.

It includes a security filter which prevent the possibility of getting into an unexpected trend without rollback caused by a new release.

Signal monitoring and my other products: https://www.mql5.com/en/users/dorian75/seller


Requirements

  • Optimized to work with EURUSD for timeframe M15.
  • Minimum recommended deposit is $1000 for initial lot set to 0.05.
  • ECN broker with low spread is recommended to get better results.
  • Compatible with 4 and 5 digits accounts.
  • Compatible with all brokers including US broker using FIFO rule


Support and Set Files


Inputs

Auto settings for fixed lot

  • Enable auto settings for fixed lot - set to true to automatically set the lot size based on investment amount and risk level.
  • Investment - Amount to invest in account currency.
  • Risk Level - Risk level of your investment. It will adjust lot size / stop loss / take profit / grid stop loss.

Money Management

  • Money Management (MM) Method - method to calculate lot sizing and stop loss.
  • Fixed Lot Size - initial lot (used when MM is "Fixed Lot").
  • Lot based on % balance - initial lot calculated based on % of the balance (used when MM is "Percentage Balance").
  • Fixed Stop Loss - stop loss in account currency (used when MM is "Fixed Lot").
  • Stop Loss based on % balance - stop loss calculated based on % of the balance (used when MM is "Percentage Balance").
  • Max Lot - maximum lot for the EA operation. If value is 0 then no limit.

Grid

  • Lot Factor - lot factor for the second and subsequent orders.
  • Take Profit - take profit.
  • Grid Stop Loss - size of stop loss.
  • Max Grid Size - number of orders max to open at the same time.

Other parameters

  • Trail Distance - trailing stop distance (only for non automatic trailing stop).
  • Max Spread - maximum spread allowed before a pending order triggers.
  • Magic Number - magic number to distinguish orders from others EA.
  • Magic Number other EA - magic number from another EA. It opens a grid if there is no opened orders from another EA with this magic number. With this parameter you can use another grid system on the same trading account without having two opened grids in parallel. 0 value disabled this feature.
  • Comments - comments on trade operations.

I have worked hard to ensure that everything I do puts my users interests first. Asking for feedback and ratings should especially be a net positive user experience. It will help me to improve my trading strategy.

7 DAY MONEY BACK GUARANTEE

If for any reason you do not like the purchased program, you can request a refund within 7 days from the date of purchase. You can also make an exchange for any other product at an equal cost or by paying the difference.

Simply send a request for refund or exchange with your order number by email: [email protected].

Refund requests received more than 7 days after purchase will be rejected.

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RISK WARNING: ea-trade.pro is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.

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