Grid Master Pro
Grid Master PRO is One of The Most Successful Expert Advisors
Grid Master PRO is the professional version of our very popular free EA - BF Grid Master EA. We have implemented a lot of new additional features and systems in this PRO version in order to improve its overall performance. We have added 3 additional trading strategies in the Grid Master PRO which increase the total profit. We have added Advanced Time Management system, Notification System, Friday Exit System, Advanced News Filter and we have added additional parameters for making Grid Master PRO more flexible.
Grid Master PRO is a very effective and profitable trading strategy developed especially for the GBPUSD currency pair. However, if it is used wisely it can be adapted and applied for almost any trading instrument.
The grid based trading techniques are a very controversial topic in the trader's community. The reason for this is the following - used properly with proper risk and settings, they can generate consistent gains relatively safe with performance incomparable with any other trading strategy. On the other hand in certain circumstances they fail dramatically. The key elements for the success of any grid based trading are the applied risk and the right entry and exit trading logic.
Grid Master PRO is designed to pick up the right moment for the initial market entry and for the following additional grid based recovery trades. The second safety line of additional trades is an unique feature, which is not present in any other grid EA on the market. This feature allows a safe "high frequency" scalping, when the price is in narrow range and as well a second line of distant drawdown compensating trades in case the market price breaks in the wrong direction. The second line of drawdown compensating trades is initiated only in extremely stretched in the "wrong" direction market, only after a very strong market reversal pattern is detected.
Probably, the safest way of using grid based trading strategies is to determine wisely the most probable trading direction and allow trading only in this direction.
Grid Master PRO Features
Grid Master PRO comes with Money Management System. You can set a risk in percents and the robot will automatically calculate the lots according the risk and your account free margin.
Advanced News Filter
Grid Master PRO is equipped with Advanced News Filter. Thanks to this filter you can avoid trading during most important news and events. The news filter can increase the profit factor of the system and reduce the drawdown. It is disabled by default and you can configure it precisely.
Configure MT4 terminal to allow WEB Requests to the following url: https://www.fxautomater.com You can find it in: MT4 terminal -> Tools -> Options -> Expert Advisors -> Allow WebRequests for listed URL (check the image below):
This is very important! This is the only way the News Filter to work properly. The information for the coming News and Events is on our website and you have to give a permission to the MT4 terminal to allow connections to our website.
Advanced Time Management System
With the Time Management System you can precisely configure the robot to trade only during specific hours. You can also configure the robot to trade or not on individual week days. This is a very powerful option which will let you avoid the most dangerous periods and to trade the best periods when the robot shows best results.
Friday Exit System
We all know that sometimes it could be risky to trade on Friday because the trades may remain during the weekend and may be closed on big loss due to Monday gaps. Grid Master PRO has a Friday Exit system and you can configure the robot to close all trades on Friday evening at a desired time and to stop trading after this time.
E-mail and Push Notification System
Grid Master PRO will inform you about all actions performed in your account. It easy to set-up your terminal to receive these notifications. Grid Master PRO can send email and push notifications to your mobile phone and inform you about its trades. By default these options are disabled. Please read below Grid Master PRO Settings to learn how to enable Email and Push notifications.
Advanced Recovery System
Grid Master PRO in action! $1385 profit in 1 month!
How to trade manually with Grid Master PRO
Grid Master PRO Settings
==== Available Signals ====
==== Risk Management ====
==== General Settings ====
==== Custom Settings ====
==== Additional Trades Settings ====
There are 10 available slots for setting different distances between additional trades! By default MaxAddTrades is 3 and this means that the first 3 slots will be used. For example: If you set MaxAddTrades to 5 then the first 5 slots will be used and so on. In case that you want to set MaxAddTrades greater than 10, then the EA will use AddDistance_Default value as distance between the additional trades after 10th additional trade.
There are 10 available slots for setting delay before opening additional trades. But the robot will use only the slots equal to the value of MaxAddTrades parameter. For example when MaxAddTrades is 3 then the first 3 slots will be used.
==== Recovery Settings ====
==== Time Management System ====
==== Friday Exit ====
If you decide to use the "FridayExit" option you should set LastTradeHour and ExitHourFr several hours before the market closing of your broker on Friday.
==== Notifications ====
==== GMT Settings ====
==== News Filter Settings ====
The News Filter function is disabled by default. It is your personal choice whether, or not to activate this function. The News Filter function can increase the profit factor of the system and reduce the drawdown, but also can reduce the number of the trades and the total profit.
Configure MT4 terminal to allow WEB Requests to the following url: https://www.fxautomater.com Only this way the news filter will be able to work properly! You can find it in: MT4 terminal -> Tools -> Options -> Expert Advisors -> Allow WebRequests for listed URL (check the image below):
Grid Master PRO Backtest Result
1. Grid Master PRO Backtest with all 4 Signals enabled on GBPUSD
2. Grid Master PRO Backtest with all 4 signals on GBPUSD (real tick data + variable spreads)
3. Grid Master PRO Backtest with Signal 1 only on GBPUSD
How to backtest Grid Masterr PRO
If you wish to back-test Grid Master PRO, first you should download history from the MetaTrader history center: click Tools -> History Center, or press the "F2" key of the keyboard. In the list, find the currency pair that you wish to back-test and double click to expand it. Click "1 Minute (M1)" and then click "Download". When the download process is finished, double click on "5 Minutes (M5)” and "15 Minutes (M15)" to convert the M1 data (repeat this for the rest of the time frames). Close the "History Center" window. Restart the MT4 terminal in any case. Check the below image!
To open the "Strategy Tester" window click the "Strategy Tester" button of the MetaTrader menu, or press "Ctrl+R" on the keyboard. In the "Strategy Tester" window choose Grid Master PRO, choose one of the supported currency pairs, choose M15 timeframe, choose the method "Every tick ...", as shown below. Click "Start" to start the back-test.
The back-test by "Every tick" is the most precise, but it is very slow. If you wish to save time you can run the back-test on M1 timeframe by "Open price only ..." method and this will be correct too.
Grid Master PRO is COMPATIBLE WITH MAC OS and Windows OS!
Grid Master PRO is compatible with the most well known and used Operating Systems Mac OS + Windows OS. Our developers have been working very hard to adapt Grid Master PRO to be compatible with all popular Operating Systems. Mac OS and Windows are the most popular OS around the world and therefore we have developed Grid Master PRO to be compatible with them.
Grid Master PRO is COMPATIBLE WITH Metatrader 4 (MT4) and Metatrader 5 (MT5)!
Grid Master PRO is compatible with the most used metatrader platforms in the forex market - Metatrader 4 (MT4) and Metatrader 5 (MT5).
Buy Grid Master Pro
If you want to trade with Grid Master Pro you have to purchase it by clicking the button below. It will redirect you to the payment page and you will be able to make a payment and start using it on your DEMO or REAL account immediately.