Introduction
Perfect Grid EA is a trading robot designed to elevate grid trading strategies. Developed by Sopheaktra Phan, this EA aims to address the common pitfalls of traditional grid systems. With features like adjustable trade distances, lot multipliers, and a loss acceptance function, it promises to manage risk effectively. But let's be honest, no trading robot is perfect, and there's always room for skepticism.Installation and Setup
Installing Perfect Grid EA is straightforward. Download the EA from this link and place it in the 'Experts' folder of your MetaTrader 5 platform. Restart MetaTrader 5 and attach the EA to your desired chart.To configure the EA:
- Set the TradeDistance to your preferred interval (default is 50 points).
- Adjust the LotMultiplier based on your risk tolerance (default is 1.5).
- Define the MaxLoss you are willing to accept (default is 1000 in account currency).
- Set your ProfitTarget (default is 500 in account currency).
Experience Using Perfect Grid EA
User reviews, like the one from Salah Baki, suggest that Perfect Grid EA can generate 10-15% profit in 20-25 days without hitting the maximum daily drawdown. Adjusting the distance between trades to 400 and setting the lot multiplier from trade count 1 are recommended tweaks. While these results sound promising, it's essential to remain cautious. Over-optimizing settings can lead to unexpected risks.In my experience, the EA performs well on GBPUSD H1 and EURUSD. However, splitting the risk equally between the two assets is crucial if you plan to trade both in one account. The robot's ability to adapt to different market conditions is commendable, but don't let your guard down.
Tips for Improvement
Here are some tips to get the most out of Perfect Grid EA:- Use a Virtual Private Server (VPS) to ensure uninterrupted trading.
- Regularly backtest the EA with historical data to fine-tune your settings.
- Monitor your trades and adjust parameters as needed. Market conditions change, and so should your strategy.
- Set realistic profit targets and loss limits. Greed and fear are your worst enemies in trading.
Source Code of Perfect Grid EA
We don't have access to the original source code of Perfect Grid EA sold on MQL5. However, based on its description, we have created a sample code that mimics its functionalities. If you have any questions about the code, feel free to ask. Remember, this is an example code from easytradingforum.com, based on the description of the robot sold on MQL5. The EASY Trading Team does not sell Perfect Grid EA; we only created a code based on its description.
Code:
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