Krikor is a MetaTrader 4 robot that uses a combination of technical indicators and a grid-based recovery system to manage trades. It determines entries using a Relative Strength Index (RSI), Moving Averages, Average Directional Index (ADX), and a custom ZigZag indicator. The strategy employs martingale lot scaling, inc
Trading robot · MT4
Super Grid
This MetaTrader 4 expert advisor implements a trend-following grid strategy based on multiple moving averages.
High risk
GitHub stars1
Forks0
Last update8 years ago6 Feb 2018
LicenceNone stated
Overview
Super Grid determines market direction using configurable average periods and places initial pending orders followed by additional positions at set point intervals. The robot manages long and short trades independently using fixed monetary profit targets rather than traditional stop losses. It includes features for lot scaling, a cover mode for trend reversals, and a chop mode for selective position closing. The repository contains multiple files without a README.
- Trend identification using three moving averages
- Grid order layering with fixed point steps
- Currency-based profit targets for trade baskets
- Selectable cover modes for trend changes
- Adjustable lot size increment functionality
Details
Author
allanon98 on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
Trend following, Grid, Hedging, Martingale
Markets
Any symbol
Timeframes
Any timeframe
Risk profile
- Uses martingale lot scaling: losses can grow fast
- Opens a grid of orders: exposure builds up in a trend
- Holds opposite positions at once
- Trades without a fixed stop loss
Input parameters
Read from SuperGrid.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
ppSignature | string | cambiami | Session initial signature |
ppChangeSig | bool | false | Change signature at trend change |
ppCoverMode | int | 0 | Place cover orders at trend change |
ppAverages | string | 21;43;130 | Averages to calculate trend direction |
ppPeriod | int | 15 | Period of the averages (1,5,15,30,60) |
ppInitDiff | int | 300 | Points up/down of the first pending orders |
ppMaxPos | int | 10 | Max allowed positions (per trend/signature) |
ppStep | int | 300 | Points before open a new position |
ppStepCover | int | 600 | Points before open a new cover position |
ppInitVolume | double | 0.01 | Size of the first lot |
ppIncrease | double | 0.0 | Size of the increment lot |
ppCloseProfitLong | double | 5.0 | Close LONG when profit is at least (euro) |
Show all 18 inputs
| Name | Type | Default | Description |
|---|---|---|---|
ppCloseProfitShort | double | 5.0 | Close SHORT when profit is at least (euro) |
ppCloseCoverProfit | bool | true | Close cover orders (mode=1) only if in profit |
ppChopModeLong | bool | true | Close only the newest LONG positions |
ppChopModeShort | bool | true | Close only the newest SHORT positions |
ppStopEven | bool | false | Close ALL at profit and STOP |
ppLabelColor | color | clrWhite | Labels color |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone allanon98/HubTest from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
- 3Copy the filesCopy the .mq4 file into Experts.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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