Crawling Grid Cm_EA_Trailingstoporders 3R - MT4/MT5 Resources

Crawling Grid Cm_EA_Trailingstoporders 3R Review and Download Instructions

This article organizes EA related to CMillion Expert Advisor. The content has been removed from the Russian language and external website promotion information, and has been reorganized according to the common concerns of foreign exchange EA users, making it easier to judge whether it is suitable for real trading or testing environments.

strategic positioning

This type of EA is usually used in automated trading scenarios of MT4 or MT5. Before formal use, you should first confirm the trading variety, cycle, spread, slippage, leverage and broker execution conditions to avoid directly treating a single historical performance as a future profit expectation.

Testing recommendations

It is recommended to test separately in a demo account and a small capital account first, focusing on observing the maximum drawdown, continuous losses, holding time, news market performance, and the sensitivity of parameters to different market stages.

Key points of English page

The cost of the key is 60usd You can also get an adviser for free under the affiliate program.

It is one of the versions of the “ Creeping grid ” Expert Advisor.

Algorithm of operation:

When running the Expert Advisor, it will place Buy Stop and Sell Stop orders at the pre-defined distance from the price ( distance_from_price_to_the_first_order ). Depending on the price direction, one of the orders becomes a market one, and the other one starts to “crawl” after the price. When the price pulls back, the latter order also becomes a market one.

When one of these orders hits a pre-set profit, then it will be closed, and a new “crawling” pending order will be placed in the same direction.

If the profit is not hit, and the price goes the other way, the Expert Advisor will average trades by placing “crawling” pending orders, until a grid of all orders has ultimately a profit and closes by total pre-set profit.

This is how the given version of the Expert Advisor works.

The Expert Advisor has very flexible settings and a great many methods of opening and closing orders.

You can allow the Expert Advisor to trade only in one direction which you can set by yourself ( allow_Buy_trades and allow_Sell_trades ) or disallow it to place the first pending order at all, when running it ( disallow_the_first_order ). After doing that, it will become your assistant in manual trading.

In other words, the Expert Advisor will be activated and manage orders, if only you have placed them manually in accordance with your trading system.

Orders can be placed by a signal generated by RSI indicator ( Indicator_settings = “RSI” ).

The Expert Advisor features a function that allows trailing orders based on candlesticks, fractals or points. It also closes orders in various ways.

Setting options:

allow_Buy_trades = true; //allows Buy trades

allow_Sell_trades = true; //allows Sell trades

disallow_the_first_order = true; //disallows placing the first order; allows placing the first order, if there is a market order with a magic number (Magic).

place_orders_in_the_trend_direction = false; //places orders in the trend direction

distance_from_price_to_the_first_order = 10; //distance from the current price to the first order expressed in the number of pips

MinDistance = 30; //disallows placing pending orders at the distance less than the value of OrdersMinSart expressed in pips away from the current

order_step = 5; //step for moving a pending order

distance_between_orders = 30; //distance between orders in pips

max_loss = 100000; //maximum loss of orders placed in one direction, after which trades opened in this direction cannot be placed

LossClosebyTotalProfit = 10.0; //maximum loss of orders placed in one direction, after which trades will be closed by total profit only

order_volume = 0.1; //order volume

add_order_volume = 0.0; //adds the value to the lot size of each subsequent trade

multiply_order_volume = 1.5; //multiplies the lot size of each subsequent trade by the value

round_lots = 2; //lots of orders to be rounded: 1 – up to one decimal place (0.1), 2 – up to two decimal places (0.01)

profit_for_closing_2_directions = 10.0; //profit in deposit currency by which orders placed in all directions will be closed //(when orders placed in one direction have a loss, then a total profit locked in after closing of all orders will be defined by this parameter)

profit_for_closing_1_direction = 50.0; //profit in deposit currency by which orders placed in one direction will be closed

LossClose = 100000.0; //loss in deposit currency by which orders placed in one direction will be

string ____________________ = "";

Trailing_settings = “0 – disabled, 1 – candlesticks, 2 – fractals, >2 – points”; extern int trailing_length = 1; // length of trailing

trailing_step = 0; // step of trailing – moves stop-loss at the distance not less than the trailing step

trailing_min_profit = 10; // minimum profit in pips to trail

distance_from_fractal_candlestick = 0; // distance from a fractal, a candlestick, etc.

candlestick_or_fractal_timeframe = 15; // timeframe of a candlestick or a fractal chart to trail (0 – the current timeframe)

____________________ = "";

Other_settings = "";

Magic = 777; //integer number

font size =10; //font size in units

info_color = Lime; //color of displayed information

Stoploss = 0; //stop-loss in points

Takeprofit = 0; //take-profit in points

indicator = "RSI";

open_1_order_by_indicator = false; //if false, places market orders regardless of the indicator's signals

oversold_area = 15; //when the price enters the area, places the first order

overbought_area = 85; // when the price enters the area, places the first order

RSI_Period = 5; indicator_timeframe = 0; // 0 – the current timeframe, 1 – minute timeframe, 60 – hourly timeframe …

This is a demo-version of the Expert Advisor. You may use it in a Strategy Tester and on demo accounts without any limits. You need to enter a key to start trading on a real account. Learn more ….

Why it does pay to make use of an affiliate program, if you want to get the key. Read here .

Besides, you can order development of Expert Advisor in accordance with your specifications any time.

The expert Advisor is created in two versions for the MT4 and MT5 terminals.

The cost of the Expert Advisor is 60 USD for one account or 250 USD for all accounts without time limit.

Payment methods: https://cmillion.ru/en/pay/

You can also get an adviser for free under the affiliate program. About its acquisition, write to me

You can download and test the Expert Advisor for free on a demo account and in a tester

Risk warning

EA cannot eliminate market risk. Grid, martin, scalping, arbitrage, and high-frequency strategies are particularly dependent on the trading environment. Stop-loss logic, order quantity limits, and capital occupation under abnormal market conditions should be separately evaluated before placing a firm offer.