Gridmacd
From the Old Kings archive: Gridmacd, an expert advisor (trading robot) for MetaTrader 4. In the code it works with MACD. It works with a grid of orders, places pending orders and handles several symbols. It has 11 settings, for example EAName (default GridMACD), magic (default 1012) and initial Grid Interval (default 15). 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 Gridmacd
Gridmacd is an expert advisor (trading robot) for MetaTrader 4 based on MACD. It opens a grid of orders at fixed price steps, places pending buy/sell stop or limit orders and works on several symbols at once. It has 11 settings, such as Ea name, Magic and Initial grid interval. MQL source code included.
Files in the download: Gridmacd_www.forex-instruments.info.mq4, Текстовый документ.txt.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Ea name | GridMACD | |
| Magic | 1012 | Magic number that tells this EA's orders apart |
| Initial grid interval | 15 | |
| Subsequent grid interval | 15 | |
| Max orders | 25 | Maximum number of open trades |
| Max profit | 250 | |
| Lots | 0.1 | Trade size in lots |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Min opp orders | 3 | Close if breakeven or slight profit if there is opposite orders that are more than or equal to minOp |
| Max opp orders | 10 | Close if there are opposite orders that are more than or equal to maxOppOrders. |
| Shutdown grid | false | If true, will close all orders and not open any new orders. |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: Grid · Pending Orders · Multi-Currency · MACD · MT4 Expert Advisor · MQL4 Source Code