Zz Grid 4
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Zz Grid 4. Judging by its name, it is built around a grid of orders at fixed price steps. In the code it works with ZigZag. It works with a grid of orders. It has 14 settings, for example Stop Loss (default 0), Slippage (default 3) and idistance Point (default 300). 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 Zz Grid 4
Zz Grid 4 is an expert advisor (trading robot) for MetaTrader 4 based on ZigZag. It opens a grid of orders at fixed price steps. It has 14 settings, such as Stop loss, Slippage and Idistance point. MQL source code included.
Files in the download: ZzGrid.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 |
|---|---|---|
| Stop loss | 0 | Stop loss distance |
| Slippage | 3 | Maximum slippage allowed when opening a trade |
| Idistance point | 300 | Distance between orders |
| Zdiff | 20 | |
| Pp lot | 0.5 | |
| Reverse | true | |
| Magic | 110 | Magic number that tells this EA's orders apart |
| Cmt | zzGrid | |
| Close on expiration | false | |
| Expiration days | 4 | |
| O0 | ========= ZZ ========= | wpr |
| Depth | 12 | |
| Deviation | 5 | |
| Backstep | 3 | Distance between 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 · ZigZag · MT4 Expert Advisor · MQL4 Source Code