Grid Stability Plus Semi-Automatic EA is a robot created in March 2020 by developer Oleg Papkov. Oleg Papkov is a prolific creator of trading tools and has many of them available on the MQL market.
The stability of the grid plus the semi-automatic expert advisor operates on the signals of the RSI indicator. Operations are carried out in different directions when the indicator reaches values of 30 or 70. If the indicator exceeds the value 70, the sales address is selected for initial operations, and if the indicator decreases to the zone 30, the purchasing address is selected.
Profitable operations are closed by profit-taking. The unprofitable ones are processed by the expert advisor using the averaging method, a network of transactions is constructed in the same direction, the equilibrium level is calculated, and when the price reaches this level, the network is closed for taking a profit. The robot is based on the technology of the Greed Master, but it is much more advanced and accurate. The tool is easily optimized in the tester if the Report parameter is disabled (false).
The expert consultant has everything to analyze the state. There is also everything for manual work in parallel (semi-automatic mode).
Settings for Startup
-Section ” Hours of Negotiation”
-Hours to GMT offset – time compensation clock GMT known from broker server.
-Hours – if true, the EA operates from the time set by the Begin hour parameter (GMT) to the time End hour (GMT). If it is false, it is constantly negotiated.
-Start time (we are talking about initial transactions);
-End hour – end time (we are talking about initial transactions).
Tools for Money Management
-Offers – number of initial offers at a time;
-Maximum risk – starting batch of initial transactions. The batch of initial transactions depends on the balance of funds in the deposit;
-Lot stop-lot limiter in the Minlot range for the selected account to Max lot. This limits the growth of the batch of initial network transactions, which occurs depending on the deposit and the value of the parameter Maximum risk.
-Lot for manual – initial batch value for manually set transactions. This parameter can be modified using the corresponding buttons in the Expert Advisor tool window.
-Decrease parameter-factor to reduce the batch of initial offers;
-TP-take advantage in points of the open price or level of equilibrium;
-RSI-period of the RSI indicator. If the indicator is above the level of 70, the Short direction is selected, if it is less than 30, – Length;
-Step-by-step points between the knees of the averaging network;
-On-off unline-if it is true, the unequal increase mode of the average network pass is activated.
-Coefficient of increase of the average network.
Forced choice of direction modes.
- SELL – if true, SELL address is allowed.
- BUY – if true, the address BUY is allowed.
Parameters of the Restriction
Lot max-limit maximum lot that the consultant can use in the network building process.
On-off lock, if true, means the constraint mode for the margin level is enabled. If the margin level is below the Lock level value during the advisor’s operation, the consultant calculates the total batches per address. It calculates the difference up to the lot parity and establishes the agreement in the direction of the smallest total lot with a much equal difference, thus establishing the status of batch parity, the so-called block. That is, the loss of one direction is balanced with the benefit of the other. The expert advisor stops any action, leaving the trader to handle this potentially dangerous situation on his own;
- Blocking level limit level for margin level value.
- Delobj – By removing the advisor in the window, all the advisor objects are deleted.
- Trailing stop and step-trailing parameters.
The stability of the grid plus the semi-automatic Expert Advisor can be adjusted to different modes with these parameters according to the wishes of the operator. The default parameters are in the currency pair EURUSD and a time frame of H1 and are considered moderately aggressive.
In short, we are talking about a robot that trades following the signals of the RSI. There are many Eas in the market that is governed by this popular indicator. And in the case of Grid Stability Plus Semi-Automatic EA we do not have references from users who have tried it and given their opinions, as it is a tool of very recent creation.
Remember that we always advise using a dedicated virtual server to avoid losing any transaction made by the EA, if we do not have a server, we will have to leave our computer on 24/7. Equally important is having an ECN account at a reliable, low latency broker so that orders are executed in the shortest time possible.
It is advisable to download the demo version of this EA and know how it works, as well as verify what results we can obtain with its use. Grid Stability Plus Semi-Automatic EA is for sale on the MQL market at a price of 50 USD. You can also rent for 11 USD per month, 25 USD for 3 months, and 30 USD for 6 months.
