Range Grid Robot EA with pending orders - MetaTrader 4 Expert | Grid EA Download - MT4/MT5 Resources
The EA creates a grid of equidistant pending and limit orders, taking into account:
- Current price; above sell limit/below buy limit
- Trading range; calculated using weekly highs and lows
The EA then manages the order when it is executed.
- Check out the video for the complete strategy
Attachment download
📎 rangeea.mq4 (23.23 KB)
Source: MQL5 #46242
Range Grid Robot EA with pending orders - MetaTrader 4 Expert | Grid EA Download - MT4/MT5 resource usage and screening suggestions
Range Grid Robot EA with pending orders - MetaTrader 4 Expert | Grid EA Download - MT4/MT5 resources are grid EA related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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