Grid Harvester 6 40
Grid Harvester 6 40
2.3.1 TP Type
This option allows you to select take profit type - either it will be based on PIPS only or on Fibonacci retracement. WARNING: Fib
Retracement function is EXPERIMENTAL.
2.3.2 Profit in pips per position
Profit in means of pip distance from the average position open (all positions are summed up into 1 and the distance vale
above/below it, is set by this option) 2.3.3 Point of profit increase per position opened
Increase “Profit” by value with each position opened.
EXAMPLE: if “Profit” value is 43 and this option is 1. When there is only 1 position the TP is 43, then there are 4 positions opened the
“Profit” will be 47.
2.3.4 Point of profit increase per lot opened.
Increase “Profit” by lots opened. The same option as 3.4 but with regards to how much the original position size is increased.
EXAMPLE: the same situation as in 3.4, but let's say the position 3 and 4 has x2 lot multipler (so pos1 – 0.01 lot, pos2 – 0.01 lot,
pos3 – 0.02 lot, pos4 – 0.02 lot), then with 4 opened positions the “Profit” will be 49 (43 + 1 + 1 + 2 + 2)
2.3.5 Fib mode (FIBO PROFIT)
This option lets you select same or different fibo retracement for buy/sell. It’s only active when 2.3.1 is selected to Fibo
Retracement TP
2.3.6 Fib A (FIBO PROFIT)
Fibonacci retracement A – for buy
2.3.7 Fib B (FIBO PROFIT)
Fibonacci retracement B – for sell
2.3.8 Delay in bars, before starting to reduce Take Profit (REDUCE PROFIT – enable in 2.3.1 to work)
How many bars the bot should wait before reducing value of the Take Profit
2.3.9 Reduce Take Profit by this value per bar (REDUCE PROFIT)
Reduce Take Profit by this value. Positive value reduces and negative increases the Take Profit. Can use fractions.
2.3.10 Stop reducing Take Profit at this value (REDUCE PROFIT)
Minimum value of Take Profit. Can also be negative
2.3.11 Timeframe in which bars are counted (REDUCE PROFIT)
Timeframe in which bot counts the bars since first position open.
3.1. TRAILING STOP
- - - MATHEMATIC GRID - - -
3.3.4 Initial Pip distance
Distance between first and second position.
3.3.5 [%] position distance decrease
Each position distance will be smaller by [%] entered here, in relation to previous one.
3.3.6 Every position is bigger by
Add extra pip to every position. (experimental)
3.3.7 Lot multiply per position
Every position has lot bigger by a [%] entered here. You can use fractions, the calculation is more accurate than
0.01 lot.
3.4.1 MA Filter ON
Option to enable the moving average filter with 2 options – blocking opening first or any position.
3.4.2 MA Filter Time-frame
Time-frame of the filter
3.4.3 MA 1 Period
Moving Average 1 Period
3.4.4 MA 2 Period
Moving Average 2 Period
3.4.5 MA Type
Moving Average Type
3.4.6 MA Pips Distance Required (+-)
The distance between Mas required for the block to occur.
3.5. HEDGE and STOP OUT
3.5.1 Hedge ON
Option to enable hedge.
3.5.2 Hedge Start
Hedge start
3.5.3 Hedge Stop
Hedge Stop
3.5.4 Position stop loss
3.5.5 Stop Loss at grid position
Option allowing to set, which grid position should be the stop loss.
3.5.6 SUM PIPS Stop Loss on
3.5.7 SUM PIPS Stop Loss at X PIPS
Option allowing you to set stop loss at an exact number of pips. All loses caused by this SL should have same
currency and pip value
3.5.8 Block trading after Stop Out
Stop out the EA if any of the Stop Loss occurs (requires the restart of the EA to open next trade)
3.5.9 Unblock trading after crossing MA
STOP OUT will be disabled automatically if this option is active in oscillation mode, after crossing the Oscillation
Moving Average.
WARNING! Use DISABLE GFX for optimization especially with MQL5 cloud – not turning that option to TRUE may
cost you a lot of credits and time. Without the cloud you are just wasting your time.
Always turn DISABLE GFX to TRUE while testing/optimizing!
5.1 Custom AI Options
1. Value – these are the types that hold certain DOUBLE values. These are:
d) conditions
these options allow you to form your own conditions out of value type. EXAMPLE: if
indicator 1, patch 0 is greater than Bid price
e) relations
these allow you to combine 2 different logic points
EXAMPLE: if condition 1 is true and condition 2 true
EXAMPLE 2: if condition 1 is true and condition 2 is false
3. Actions – this is the type that allows you to form logic actions based on Logic type.
5.2.2 Mathematics
5.4.1 Relations
Please note that return value of all AI types can be checked with the EA graphical interface when on LIVE chart. In
MT4 you may also use visual back-tests (just be sure to enable the “gfx panel for back-testing” in GRAPHICS menu)
and use panel while back-testing – checking output values of any yourai part or even trade manually with a use of
the panel. MT5 does not allow that option.
Example of shortcuts:
scale - modification of scale parameter value (non-yourai)
i1p1 – means indicator 1 parameter 1 override value
i1p3 – means indicator 1 parameter 3
m1c – means mathematics 1 C value override
i1tf – means indicator 1 timeframe override
Note that after using a shortcut (scale, i2p3, v2, m3c) you may add your description to the option. It will not
change the mechanics – it is just information for you what are you changing. That that shortcuts you can create
mini-EAs that you can share with your friends and coworkers by just sending them SET file and they should be able
to easily use it.
MT4 version is designed to deploy some set files to Files working directory of Metatrader.
(they require Center of Gravity market indicator) It will be added also to MT5 version.
8.1 Graphics Panel
GFX Panel allows you to manually take control/modify or open/close positions of the grid.
Position Cooldown – is a cool-down from the last position close. It may be reset by clicking on it.
Buy/sell opened - showing you how many positions are opened in relation to maximum number.