VR Smart Grid Lite
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called VR Smart Grid Lite. As the name suggests, the idea behind it is a grid of orders at fixed price steps. It has 6 settings, for example i Take Profit (default 300), i Start Lots (default 0.01) and i Point Order Step (default 390). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. 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 VR Smart Grid Lite
VR Smart Grid Lite is an expert advisor (trading robot) for MetaTrader 4. It has 6 settings, such as I take profit, I start lots and I point order step. MQL source code included.
Files in the download: VR Smart Grid Lite.mq4.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| I take profit | 300 | Take Profit (in pips) |
| I start lots | 0.01 | Start lot |
| I point order step | 390 | Point order step (in pips) |
| I minimal profit | 70 | Minimal profit for close grid (in pips) |
| I magic number | 227 | Magic Number (in number) |
| I slippage | 30 | Slippage (in pips) |
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 · MT4 Expert Advisor · MQL4 Source Code