Hello, our site is ready for sale and you can buy. If you see a bug, it is because we are finalizing the site completion process, thank you for your patience, if there is a problem, please contact us via chat.

Superior financial strength Version: 2.0

Superior financial strength

Expert Advisor: Superior Financial Strength (mGRID EA ver 2.0)
Overview
This is a grid trading Expert Advisor (EA) for MetaTrader 4 that implements a sophisticated trading strategy with multiple order levels, money management features, and profit-taking mechanisms.

Strategy Description
The EA uses a grid system with the following characteristics:

Places buy and sell stop orders at predefined intervals (INCREMENT) from the initial price

Manages multiple levels (LEVELS) of orders

Implements a profit target mechanism to close positions when certain conditions are met

Includes partial profit taking functionality

Can use money management based on account balance

Input Parameters
Main Settings:
INCREMENT (35): The distance in pips between each grid level

LOTS (0.1): Base lot size for trading

LEVELS (3): Number of grid levels to place orders

MAX_LOTS (99): Maximum lot size allowed

MAGIC (1803): Magic number for order identification

CONTINUE (true): Whether to continue trading after closing a session

MONEY_MANAGEMENT (false): Enable money management based on account balance

RISK_RATIO (2): Risk multiplier when money management is enabled

Profit Target Settings:
UseProfitTarget (false): Enable overall profit target

UsePartialProfitTarget (false): Enable partial profit taking

Target_Increment (50): Pips between partial profit targets

First_Target (20): First profit target in pips

Time Settings:
UseEntryTime (false): Enable specific entry time

EntryTime (0): Hour of day to enter trades (when UseEntryTime=true)

How It Works
Initial Setup:

When no orders exist, the EA places a series of buy and sell stop orders at each grid level (up to LEVELS)

Each level's order size increases (1×LOTS, 2×LOTS, etc.)

Stop loss and take profit levels are calculated based on the grid structure

Order Management:

The EA continuously monitors open positions and pending orders

If profit targets are met, it closes all positions

When money management is enabled, lot sizes are calculated based on account balance

Profit Taking:

With partial profit taking enabled, the EA closes portions of positions at predefined target levels

The target levels increment by Target_Increment after each partial close

Risk Management:

The EA checks free margin before opening new positions

Automatically adjusts for broker's stop level requirements

Usage Instructions
Basic Setup:

Attach the EA to a chart (recommended timeframe: M15 or higher)

Set your preferred INCREMENT, LOTS, and LEVELS parameters

Enable CONTINUE if you want the EA to restart after closing positions

Money Management:

Set MONEY_MANAGEMENT=true to enable dynamic lot sizing

Adjust RISK_RATIO to control risk level (higher = more aggressive)

Profit Targets:

Enable UseProfitTarget to set an overall profit target (INCREMENT×2)

Enable UsePartialProfitTarget for gradual profit taking

Time Control:

Set UseEntryTime=true and EntryTime=X to only trade during specific hours

Important Notes
The EA includes spread adjustment for accurate order placement

Minimum lot size is automatically respected

All orders are tagged with a MAGIC number for identification

The EA displays comprehensive information in the chart comment

Recommendations
Test thoroughly in a demo account before live trading

Start with conservative settings (lower LEVELS and LOTS)

Monitor performance during high volatility periods

Adjust INCREMENT based on the instrument's average daily range

This EA implements a sophisticated grid strategy that can be customized for different trading styles and risk preferences. The combination of multiple grid levels, money management, and profit target features makes it a versatile trading tool.

Leave a comment