Grid step calculation mode (drop-down checklist):
1) Fastened – Fastened step 2) First step +/- (Add pips*Variety of open orders) – The following order step is calculated utilizing the required components. 3) First step * (Ratio step*Variety of open orders) – The following order step is calculated utilizing the required components. 4) ATR * Ratio step – The following order step is calculated utilizing the required components. See the ATR settings part ========== Indicators ___ First STEP, pips Preliminary grid step ___ Add pips for (2) Further pips for grid mode 2. In the event you enter a adverse worth, the subsequent step will lower, and if you happen to enter a optimistic worth, it is going to enhance. ___ Ritio for (3) and (4) Coefficient for grid modes 3 and 4. For such a calculation, if you happen to enter a price < 1, the subsequent step will lower, and if > 1, it is going to enhance. ___ Min Step, pips (0=off) Minimal allowed grid step for the advisor. ___ Max Step, pips (0=off) The utmost allowed grid step for the advisor. ===== Grid LOT Mode Lot calculation mode (drop-down checklist): 1) Fastened (First Lot) – Fastened lot. All orders and positions shall be opened based mostly on the worth specified within the parameter “First Lot” 2) Final lot +/- Add Lot – The following lot shall be calculated based on the required components: the final open lot on this course +- Add Lot for (arithmetic development) 3) Final Lot * Ratio lot – The following lot shall be calculated based on the required components: the final open lot on this course * Ratio lot (geometric development). Doesn’t rely upon the variety of positions. 4) Whole quantity of positions * Ratio lot – The following lot shall be calculated utilizing the components: Sum of numerous positions on this course* Ratio lot. I like to recommend exhibiting the Ratio lot <1. ___ Add Lot for (2) Further lot for lot 2 calculation mode. Will be +- ___ Ratio lot for (3) and (4) Lot coefficient for lot calculation modes 3 and 4. ===== Order TYPE for opening the grid Choose the order sort to open the subsequent place from the drop-down checklist: Market – The advisor will open the subsequent grid order on the market value. Restrict – A pending order of the Restrict sort shall be positioned for the subsequent grid order. Cease – A Cease order shall be positioned for the subsequent grid order when the worth strikes the ” ___Set distance for “Cease”, pips” from the location level. This ensures that will probably be opened if the worth reverses. On this mode, the order may even path the worth at a distance. “___Set trailing distance for “Cease”, pips”, If the worth does not reverse, this lets you enhance your entry level!!! ___ Set distance for “Cease”, pips Choose the space from present costs to position a Cease order. ___ Set trailing distance for “Cease”, pips Choose the trailing distance for a Cease order. ===== Grid Cease Loss Mode Cease Loss calculation mode for the Grid (drop-down checklist): Off – Cease loss for the grid is disabled. If there are positions with a cease loss, it’s eliminated. Pips from the furthest place – From the farthest place. For BUY from the bottom, for SELL from the very best ___ Cease Loss, pips Cease Loss worth in pips ===== Grid Take Revenue Mode Take Revenue calculation mode for the Grid (drop-down checklist): Off – Take revenue is disabled for the grid. If there are positions with take revenue, it’s eliminated. Pips from the closest place – From the closest place. For BUY, from the very best place; for SELL, from the bottom place. Pips from breakeven – from the breakeven degree taking into consideration swaps and commissions. ___ Take Revenue, pips Take revenue worth in pips. Shut Grid the revenue, account forex (0=off) Closing all grid orders in a single course when revenue is reached
