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Grid Me Up FX Basic

Grid Me Up FX Basic — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. As the name suggests, the idea behind it is a grid of orders at fixed price steps. It raises the lot size after losses (martingale — high risk), works with a grid of orders and places pending orders. It has 40 settings, for example Home Page (default http://gridmeupfx.is-lee), Pair Timeframe (default GBP/USD 15m) and Version (default 2.0). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.

Expert advisor · MT4 · v1.0 · Free

About Grid Me Up FX Basic

Grid Me Up FX Basic is an expert advisor (trading robot) for MetaTrader 4. It increases the lot size after a losing trade (martingale), opens a grid of orders at fixed price steps and places pending buy/sell stop or limit orders. It has 40 settings, such as Home page, Pair timeframe and Version. MQL source code included.

It also trades only in the hours you set (time filter), can size trades from your balance and risk percent and has a news filter.

Files in the download: GridMeUpFX_basic.mq4.

Trading robots can lose money. Check every setting and test on a demo account before using real funds.

Settings

SettingDefaultWhat it does
Home pagehttp://gridmeupfx.is-leet.com
Pair timeframeGBP/USD 15mPeriod or timeframe used by the calculation
Version2.0
Comment1==========================Comment written on the orders
Common COMMON SETTINGS
Comment2==========================Comment written on the orders
Auto gmtTRUE
Gmt offset2.0
Base lot0.01
Risk lotsFALSERisk per trade (percent of balance)
Risk1.0Risk per trade (percent of balance)
Max lots10.0
Smart lot incrementTRUE
Asian lot multiplier1.5How much the lot size grows after a loss
Asian hour on2
Asian hour off6
Txt colorAquaColour on the chart
News colorGoldColour on the chart
Txt font size9
Comment3==============================Comment written on the orders
Gr settings GRID/REVERSAL SETTINGS
Comment4==============================Comment written on the orders
Magic number127738Magic number that tells this EA's orders apart
Orders commentComment written on the orders
Atr entryTRUE
Loss stop out-400
Loss stop close percent30.0
PAO==== Grid Profit - Auto Adjusted from Ba
Auto profit targetFALSE
Profit target3.0
Dynamic profit step2.0Distance between orders
Step config==== Grid Step Settings ====Distance between orders
Static step16Distance between orders
Atr stepTRUEDistance between orders
Min pip step15Distance between orders
A12677 config==== Grid Martingale Settings ====
Martingale after x orders8
Martingale lot factor1.34
Martingale max multiplier4How much the lot size grows after a loss
Martingale max lot10.0

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
  6. Test it first on a demo account or in the Strategy Tester.

Download the PDF guide

Tags: Grid · Martingale · Pending Orders · Time Filter · Risk & Lot Size · News Trading · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria