Karolis VaicekauskasGrid Trading System V2 MT4
These things have been added to the v2 version.
Monday- Sunday trading time filter
Allow grid if there is open buy/sell trade filter
Break even
Trailing stop
Pending order expiration in days/hours/minutes
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Settings:
Order opening time - select time for opening your grid pending orders, in this way you can set and leave.
Lot size - select your desirable trading lot per trade.
Stop loss pips - select your stop loss pips per trade.
Take profit pips - select your take profit pips per trade.
Grid levels - select how many grid levels you want to place per direction.
Starting price pips offset - this setting controls the distance between current price.
Grid size pips - the most important setting which controls the distance between each grid level. You're able to use stop pending orders or limit pending orders. Use a positive number like 30 for stop pending orders. Use a negative number like -30 to limit pending orders.
Break even
Pips on profit to enable - once reached, break even is applied.
Offset pips from open price - the distance from the open, in this way you can avoid spread size by adding extra 2 pips for example.
Trailing stop
Trailing start pips - once the trade has this amount of profit, trailing stop is activated.
Trailing stop pips - trailing stop distance from the stop loss to the current price.
One trailing step - it's basically how often do you want to refresh the trailing stop.
Stop orders example.
Limit orders example.
Inputs menu of the Grid Trading System V2 MT4
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