Grid Hero

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Grid Hero is a fully automated EA that uses a revolutionary Grid algorithm (P.A.M.A.) together with a signature synergy of Price Action trading and an Artificial Instinct Self-Adaptive Processing Unit.

Grid Hero was strictly developed, tested and optimized using the “Reversed Sampling” development methodology based on “In-Sample” phase (2012 to 2017) and “Out-Of-Sample” phase (2004 to 2011).

It has passed 13 years back test of real tick data and real variable spread (with commission) from 2004 to 2017.

It has also passed the Monte Carlo Robustness Test with 2000 simulation runs on trade randomization, as well as the simulated Delayed Slippage Test.

Essence

  • Built-in PIPS AVERAGING MATHEMATICAL ALGORITHM (P.A.M.A.).
  • Built-in Fast-In-Fast-Out scalping technique.
  • Built-in Trend Detection over multiple time frames.
  • Built-in Time Filter, Volatility Filter and Spread Filter.
  • Built-in Price Action Troopers Modules.
  • Built-in Artificial Instinct Self-Adaptive Processing Unit.
  • Built-in News Filter with News Display Panel.

Recommendations

  • EA Settings: Use default settings or set files.
  • Symbol: EURUSD.
  • Time Frame: H1.
  • Brokers: ECN brokers, low spread/commission, 1:400 leverage, non-FIFO or FIFO.
  • Trading Condition: Ranging.
  • Minimum Deposit: $4000 USD.

Grid Hero EA Recommendations:

  • EA Settings: Use Default Settings or Auto Lot Set files.
  • Symbol: EURUSD.
  • Time Frame: H1.
  • Brokers: ECN brokers, low spread/commission, 1:400 leverage, non-FIFO, allow micro lot.
  • Minimum Deposit: $4000 USD.

Grid Hero Live Trading Instructions:

  1. Simply drag and drop Grid Hero EA onto the EURUSD H1 chart
  2. In the EA menu, input your broker's GMT Offset value for Winter (check with your broker if you're unsure)*
  3. Leave all other EA settings as default. Or Enable Auto Lot Sizing by applying the Standard/Medium/High Risk Set file

Note: The default value of the GMT Offset for Winter is set to 2 in the EA, which matches most brokers.

Grid Hero Live Trading Check List:

  1. In the EA menu, under the “Common” tab, make sure “Allow live trading” is ticked
  2. On your MT4 terminal (located at the top), make sure that the “AutoTrading” button is enabled (green color)
  3. On the chart, make sure you see a smiley face on the top right corner of the chart
  4. On the chart, you should see the “Today's Optimized Trading Time Range” displayed at the top left corner of the chart
  5. On your MT4 terminal (located at the bottom), check the “Experts” and “Journal” tabs to make sure there are no error messages displayed

Grid Hero Step-by-Step Back Test Instructions:

  1. Select Symbol: “EURUSD”
  2. Select Period: “H1”
  3. Select Model: “Every Tick”
  4. For Spread: Set “15” (points) for standard MT4 tester, or set “Variable” if you're using Birt's Tick Data Suite
  5. Under Expert Properties >> Testing tab, set “Initial Deposit” to $3000 USD (minimum recommended amount)
  6. Use default EA settings for Conservative Risk performance (Auto Lot Sizing disabled)
  7. Or enable Auto Lot Sizing by applying the attached Auto Lot Set files according to your risk appetite (Auto Lot Risk Levels:  Standard/Medium/High)
  8. Start your Back Test as far back as from 2004 if you wish

Note: To download the Auto Lot Set files, scroll down to the bottom of this FAQ.

Grid Hero Risk Settings:

Conservative Risk: Use default EA setting (no need Set file)
Standard Risk:
 Apply Auto Lot Standard Risk Set file
Medium Risk:
 Apply Auto Lot Medium Risk Set file
High Risk:
 Apply Auto Lot High Risk Set file
Auto Lot On Fixed Funds:
 Set “Enable Auto Lot Sizing On Fixed Funds” to true and set fixed funds amount (no need Set file)

Grid Hero Parameters

  • Start Lot Size: Initial lot size
  • Lot Size Plus: Lot size plus value
  • Max Lot Size: Maximum allowed lot size
  • Enable Auto Lot Sizing On Fixed Funds: Cap auto lot to fixed funds amount
  • Allocate Fixed Funds Amount For Auto Lot: Set funds amount for auto lot (min: 3000)
  • Enable Auto Lot Sizing: For Start Lot Size, Lot Size Plus, & Max Grid Lot Size
  • Balance Amount Per Lot Size Step: Balance amount for each lot size step if auto lot sizing is enabled
  • Lot Size Step: Lot size step value if auto lot sizing is enabled
  • Lot Size Max Limit: Max limit of lot size if auto lot sizing is enabled
  • Max Trades: Max number of trades
  • Max Slippage (in points): Max amount of slippage
  • Magic Number: Magic number
  • Trade Comment: Trade comment
  • Enable FIFO: Enable FIFO mode (for FIFO broker)
  • Grid Step: Minimum grid step distance
  • First Order Pips Profit: Pips to take profit for first order
  • Grid Basket Min Pips Profit: Minimum pips to take profit for grid basket
  • Enable Profit Spike Close Feature: Close basket on profit spike
  • Enter Profit Spike Amount (in % of balance): Profit spike amount in % of balance
  • Enable Single Grid Cycle: Single grid cycle mode
  • Enable Quick Profit Mode All Time: Minimum profit mode at all time
  • Close All Trades and Stop Trading: Immediately close all trades and stop trading
  • Enable Retry Grid Order Check: Retry open grid order after 5 mins if unsuccessful
  • Enable Close Grid Order Check: Retry close grid order if unsuccessful
  • Display [Close All Opened Orders] Button: Display [Close All Open Orders] button on chart
  • Enable Time Filter For First Order Entry: Time filter for first order entry
  • Select Trading Time Filter Mode: 2 different modes of time filter
  • Broker's Winter GMT Offset: Only applicable to Built In Optimized Trading Time mode
  • User Defined Trading Start Time (Your Broker's Server Time): Only applicable to User Defined Trading Time mode
  • User Defined Trading End Time (Your Broker's Server Time): Only applicable to User Defined Trading Time mode
  • Enable Volatility Filter For First Order Entry: Volatility filter first order entry
  • Enable Price Action Troopers: Price Action Troopers modules for first order entry
  • Enable Artificial Instinct Processor & Modules: Artificial Instinct Processor Unit & Modules
  • Enable Delayed Monday Start: Enable delayed Monday start
  • Enable Early Friday Close: Enable early Friday close
  • Trade On Sunday~Saturday: Enable trading on individual day of week
  • Enable Spread Filter: Enable Spread Filter
  • Max Spread (in points): Max spread for the spread filter
  • Enable Balance Protection: Enable balance protection & features
  • Enable Push Notification: Enable push notifications
  • Enabled News Filter: Enable the News Filter
  • Enable Display Panel: Enable Display Panel

 

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