VR Smart Grid Lite EA For MetaTrader 5 | Forex Factory

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Attachments: VR Smart Grid Lite EA for MetaTrader 5 Exit Attachments Tags: VR Smart Grid Lite EA for MetaTrader 5 Cancel VR Smart Grid Lite EA for MetaTrader 5

• #1
• Quote
• First Post: Edited Jan 24, 2025 4:41pm May 14, 2019 5:54am | Edited Jan 24, 2025 4:41pm

• Voldemar227
• | Commercial User | Joined Mar 2016 | 208 Posts

In this example, a strategy for working with order grids is implemented. The peculiarity of the algorithm is that the adviser closes the network of orders partially. Thus, the adviser seeks to bring the total take profit as close as possible to the current price. This approach allows you to quickly and efficiently eliminate the accumulated volume of orders against the current trend. The VR Smart Grid Lite MT5 Expert Advisor will be useful for both novices in trading and programming and professionals. The VR Smart Grid Lite MT5 Expert Advisor, a lightweight version of the VR Smart Grid Expert Advisor published in the market, demonstrates a small part of the source code and a small part of one of the principles for reducing the position of orders against the trend. Work logic If the last candle was bullish, then the adviser will enter the market with a buy deal. If the last candle is bearish, then there will be a deal to sell. In this case, the signal acts not only on the first order in the network, but also on all subsequent ones. This approach eliminates the opening of the network only after a specified distance. It turns out that the adviser takes into account not only the distance set by the trader, but also the signal from the candles. In the case of a sharp movement without a signal from the candles will not be a deal. It is important to note that if there is a strong movement on the instrument (all candles are bearish), then the transaction will be made on a bullish candle.

Attached Image (click to enlarge)

Recommendations

1. Be sure to watch the full video posted on this page;
2. Do not use on real without a clear understanding of the risks and consequences;
3. Integrate your strategy into the code;
4. When used in real conditions, test on demo accounts for at least 4 working weeks.

Benefits

1. Works on any timeframe;
2. Works with any tools (Forex, Metalls, Stock, Crypto currencies, etc);
3. Simple open source;
4. The ability to integrate any trading strategy;
5. A detailed description of the code in the video material;
6. Works in a strategy tester, on a demo and in real life (observe and consider risks);
7. Automatically picks up its orders upon restart.

Settings

1. Take Profit (in pips) - take profit in points;
2. Start lot - стартовый лот;
3. Point order step (in pips) - step between orders;
4. Minimal profit for close grid (in pips) - minimum profit when closing a series of orders;
5. Magic Number (in number) - the serial number of orders, according to which the adviser distinguishes its orders;
6. Slippage (in pips) - slip.

Attached Image (click to enlarge) Attached Image (click to enlarge) Great discussion about the trading robot: https://www.forexfactory.com/thread/...d-lite-develop Attached File(s) VR Smart Grid Lite.mq5 21 KB | 3,690 downloads Trader programmer for more than 20 years!

• #2
• Quote
• May 17, 2019 1:47am May 17, 2019 1:47am

• Voldemar227
• | Commercial User | Joined Mar 2016 | 208 Posts

Perhaps MetaTrader 5 is not interesting yet? Trader programmer for more than 20 years!

• #3
• Quote
• May 17, 2019 7:24am May 17, 2019 7:24am

• emmanuel7788
• Joined Nov 2008 | Status: Trader | 49,720 Posts

Quoting Voldemar227 Disliked Perhaps MetaTrader 5 is not interesting yet? Ignored

I am running it for 4 days now.... learning its entry and exit logic riding the price waves trade once a week can be very boring no need to use any technical indicator is another trading made simple, traders must do their own risk management , take some risks and with proper money management... do not gamble. will update you by month end. Honesty is a very expensive gift. You wont find it in cheap people.WBuffett 2

• #4
• Quote
• May 17, 2019 1:37pm May 17, 2019 1:37pm

• Voldemar227
• | Commercial User | Joined Mar 2016 | 208 Posts

I propose to work together on the MT 5 version. Any suggestions on what to add? Trader programmer for more than 20 years!

• #5
• Quote
• May 22, 2019 7:24pm May 22, 2019 7:24pm

• emmanuel7788
• Joined Nov 2008 | Status: Trader | 49,720 Posts

Quoting Voldemar227 Disliked I propose to work together on the MT 5 version. Any suggestions on what to add? Ignored

still running live this week. so far so good and making money. will run till end of May and report back its results and some suggestions for a trading model. Honesty is a very expensive gift. You wont find it in cheap people.WBuffett

• #6
• Quote
• May 22, 2019 7:34pm May 22, 2019 7:34pm

• Merka
• Joined Jan 2016 | Status: Trader | 2,062 Posts

Thanks for sharing 1

• #7
• Quote
• May 22, 2019 7:37pm May 22, 2019 7:37pm

• Merka
• Joined Jan 2016 | Status: Trader | 2,062 Posts

Quoting Voldemar227 Disliked In this example, a strategy for working with order grids is implemented. The peculiarity of the algorithm is that the adviser closes the network of orders partially. Thus, the adviser seeks to bring the total take profit as close as possible to the current price. This approach allows you to quickly and efficiently eliminate the accumulated volume of orders against the current trend. The VR Smart Grid Lite MT5 Expert Advisor will be useful for both novices in trading and programming and professionals. The VR Smart Grid Lite MT5 Expert Advisor, a... Ignored

Where is the video that you are saying to watch? 2

• #8
• Quote
• May 28, 2019 7:55am May 28, 2019 7:55am

• mntiwana
• Joined Mar 2013 | Status: Trader | 2,466 Posts

Quoting Voldemar227 Disliked Perhaps MetaTrader 5 is not interesting yet? Ignored

Hi Voldemar Thanks for sharing the idea along with code,hope "emmanuel7788" will get back with possible suitable suggestions regards 2

• #9
• Quote
• May 30, 2019 1:48am May 30, 2019 1:48am

• Ranniere
• | Joined Feb 2019 | Status: Trader | 5 Posts

I made one EA look the imagem looks good Attached Image (click to enlarge)

• #10
• Quote
• Jun 9, 2019 9:53pm Jun 9, 2019 9:53pm

• forexaz
• | Joined Dec 2014 | Status: Trader | 321 Posts

Any updates for this EA being planned for release?

• #11
• Quote
• Jul 24, 2019 12:31pm Jul 24, 2019 12:31pm

• darren-
• | Joined Jul 2019 | Status: Trader | 2 Posts

Hi Voldemar, Thanks for your EA example, It was what I was looking for to start to build an EA I will look at it more and give you feedback

• #12
• Quote
• Jul 24, 2019 1:17pm Jul 24, 2019 1:17pm

• loka009
• | Joined Apr 2017 | Status: Trader | 46 Posts

can you convert to Mt4 version ?

• #13
• Quote
• Jul 24, 2019 1:56pm Jul 24, 2019 1:56pm

• TraderTero
• | Commercial User | Joined Apr 2017 | 1,985 Posts

Quoting loka009 Disliked can you convert to Mt4 version ? Ignored

Just Save as MQL4 source files from your MT5 metaeditor.

• #14
• Quote
• Jul 24, 2019 2:47pm Jul 24, 2019 2:47pm

• Voldemar227
• | Commercial User | Joined Mar 2016 | 208 Posts

Quoting loka009 Disliked can you convert to Mt4 version ? Ignored

lincks for mt 4 https://www.mql5.com/ru/code/20223 Trader programmer for more than 20 years! 1

• #15
• Quote
• Dec 22, 2022 9:14pm Dec 22, 2022 9:14pm

• Fx-optimus
• | Joined Feb 2013 | Status: All Power is within you. | 437 Posts

What happened after that. no one responded and the discussion stopped. Any update on this?

• #16
• Quote
• Dec 2, 2024 8:27pm Dec 2, 2024 8:27pm

• Trustoff
• | Joined Oct 2024 | Status: Trader | 5 Posts

Is this topic still alive? I insist that anyone who has any results share them with the public.

• #17
• Quote
• Jan 24, 2025 4:44pm Jan 24, 2025 4:44pm

• Voldemar227
• | Commercial User | Joined Mar 2016 | 208 Posts

Quoting Fx-optimus Disliked What happened after that. no one responded and the discussion stopped. Any update on this? Ignored

Yes See the topic https://www.forexfactory.com/thread/...d-lite-develop Trader programmer for more than 20 years!

• #18
• Quote
• Jan 24, 2025 4:44pm Jan 24, 2025 4:44pm

• Voldemar227
• | Commercial User | Joined Mar 2016 | 208 Posts

Quoting Trustoff Disliked Is this topic still alive? I insist that anyone who has any results share them with the public. Ignored

Yes https://www.forexfactory.com/thread/...d-lite-develop Trader programmer for more than 20 years!

• #19
• Quote
• Last Post: Jan 24, 2025 4:46pm Jan 24, 2025 4:46pm

• Voldemar227
• | Commercial User | Joined Mar 2016 | 208 Posts

Dear moderators and forum administration! I really appreciate your work and your order!!! Please merge this topic with the topic https://www.forexfactory.com/thread/...d-lite-develop Trader programmer for more than 20 years!

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