Download Lucky Grid EA

Lucky Grid expert Advisor-grid for AUDUSD

This robot is notable for the fact that it is designed to trade only one currency pair — AUD/USD. Lucky Grid shows good performance for a long time both in the tester and on monitoring without changing the settings, and it is not some prohibitively complex system, but simply a successful combination of indicators and order grid.

Characteristics of the EA

• Platform: Metatrader 4
• Advisor version: 1.0
• Currency pairs: AUDUSD
• Timeframe: H1
• Working hours: around the clock

EA strategy

Lucky Grid adviser uses a strategy of averaging positions. Using a combination of standard indicators (standard indicators are those that are built into the Metatrader 4 platform, in this robot it is MACD, RSI and Moving average), a suitable (in the "opinion" of the expert Advisor) entry place is selected, the first order is opened.



Then, if the quotes do not go in the direction of take profit, a grid of orders with the same lot size and a step of 200 five-digit points is built.



Each order has its own personal take profit and stop loss values in the grid. However, the grid of orders "collapses" when the quotes roll back in the direction of profit by the whole group of unidirectional orders at one point, while the EA fixes the profit.



The EA has settings of money management parameters, stops, grid order profits and other input values.

Description of settings

• MoneyM — sets the lot for trading as a percentage of the Deposit;
• Manual_Lot — sets a fixed lot for trading;
• TakeProfit — take profit size in 5-digit pips;
• StopLoss — stop loss size in 5-digit pips;
• Broker_GMT — GMT broker time shift;
• MagicNumber — order magic;
• X4 — internal parameter of the robot;
• rsi_period — RSI indicator period

Download Lucky Grid EA
https://drive.google.com/file/d/12nXirneuQS4uZ6fnvlYOKGqVi_6pWO21/view