Bot grid trade mt4 Setting default 1. Lotz: 0.01 2. Mul: 2.00 3. TP: 30 (pips) 4. BE: 10 5. Start time: 00:00 6. End time: 23:59 7. ATR period: 14 Explain a example trade with setting default (EA attach at timeframe H4 at EURUSD): - At the "Start time" EA will open buy and sell at market price with "Lotz". We call these are buy1 and sell1 - Take Profit = "TP" setting * For buy order: - If buy order take profit then EA will wait for new candle and open new buy order at market price with "Lotz" again. - If new candle start at price < (price of order buy1 - value ATR (14) at 00:00 (start time)) then EA will buy another order (buy2) with lot size = Lotz*Mul = 0.01*2.00 = 0.02 lot - Take profit all buy trades now = total buy orders lot * 30 pips = (0.01+0.02)*30 =90 pips = $9 (It means when all buy trades gain $9, EA will close all buy trades) - If new candle started again and all buy orders do not hit take profit and New candle start at price < (price of order buy2 - value ATR (14) at 00:00 (start time)) then EA will open buy3 with lot size = buy2 lot size*Mul = 0.02*2.00 = 0.04 lot - Take profit all buy trades now = total buy orders lot* 30 pips = (0.01+0.02+0.04)*30 = 210 pips = $21 - If all buy trades do not hit profit then EA will continue with buy4, buy5, buy6 ...until buy10 (BE =10) and from buy10 onwards then Take prifit all buy trades = $0 * For sell trade: similar buy trade - After "End time" EA will not open new round with "Lotz" lot size but EA buy continue buy2,3,4... (or sell2,3,4...) until it take profit.