RobotFX Grid-X

The main purpose of the Grid-X expert advisor is to trade in a grid manner, meaning to open more than one trade. The difference, compared to other grid expert advisors, is that the RobotFX Grid expert advisor can also open its trades based on the price action. Even more, if the price reverses, the EA can hedge by placing opposite pending orders at a given distance, with higher, lower or equal lotsize than the initial trades. So, depending on the trader’s needs, this grid expert advisor might be better than all the others.

The RobotFX Grid X was designed not only to open a determined set of grid trades, following the classic forex grid trading strategy, but also to detect the trend, the trade entries and to hedge. While trading with the grid, traders often increase the lotsize, hoping that the price will continue to go in their direction. However, most of the times the price reverses, therefore transforming a possible winning trade into a few losing trades. To prevent this, our forex grid expert advisor can safely decrease the lotsize of the next grid trades. The lotsize can be increased or decreased for the hedging trades as well.
How Grid X expert advisor for Metatrader trades following the trend
The Grid X uses a custom moving average to detect the trend and Stochastic to trade
In downtrend (price below MA), the EA only openes short trades. Stochastic gives the exact trade entry, when it crosses in the overbought zone (opposite for long entries in uptrend).
So we can safely say that the Grid-X EA can:

  • Detect the trend and the exact entry (Stochastic can be customized, as well as the moving average used to detect the trend, to match almost any other trading strategy based on price movement)
  • Trade a grid made of any number of trades placed at any number of pips away and having lotsize chosen by the trader
  • Hedge by placing opposite pending trades, so if the price reverses this hedging grid will trigger, recovering the possible loss from the previous trades
  • Place stop-loss, take-profit, trail, break-even, etc.

Besides the advanced grid trading capabilities, the Grid X expert advisor can be set to follow the trend and enter a precise moment. The trend detector is done by a moving average that the trader can customize (type, length, shift) and the EA will follow it by simply allowing long trades only when the price is above it, or short trades if the price oscillates below the moving average. The exact entry is given by the Stochastic oscillator, as in the MetaTrader trading example above. Stochastic, with the correct settings, can be customized to match any other MetaTrader indicator - so, if the traders would like to use other signals to enter a trade, they can load on the same chart Stochastic and their preferred indicator and match their signals. Then use the same Stochastic settings within to trade using the grid EA. Below are some examples of trades opened and closed by the grid EA based on stoploss, take profit, trailing stop or the MinProfit (see the Settings).
Forex Grid Expert Advisor
Forex Grid Expert Advisor

Forex Grid Expert Advisor
Forex Grid Expert Advisor

Forex Grid Expert Advisor
Forex Grid Expert Advisor

Forex Grid Expert Advisor
Forex Grid Expert Advisor

Forex Grid Expert Advisor
Forex Grid Expert Advisor

Forex Grid Expert Advisor
Forex Grid Expert Advisor
Because of its hedging capabilities, the Grid X doesn’t offer too many options to close a trade or a basket. But of course, stop-loss and take-profit are available, as well as break-even and trailing stop. The number of grid trades can be restricted by the trader, as well as the number of hedging trades (if hedging is enabled). The distance between the trades and the distance hedging would start can also be changed by the trader.

RobotFX Grid-X Settings

The RobotFX Grid Expert Advisor settings, as seen in MetaTrader:
Grid EA Settings Metatrader

  • ClientEmail - your email used to acquire the product (leave empty if trading on demo accounts)
  • LotSize - the lotsize of the first trade of the grid (if MoneyManagement is disabled)
  • Enable Stoploss and Takeprofit - if disabled, the EA will not place stop-loss or take-profit
  1. Stoploss (pips) - distance from the opened price where the stop-loss will be placed
  2. Takeprofit (pips) - distance from the opened price where the take-profit will be placed
  • Maximum opened orders - the number of trades allowed to be placed on a chart
  • MinProfit ($$) - if “Close basket of trades at MinProfit” is enabled and there are opened opposite trades on the chart (buys and sells), the EA will close all of them when their profit reaches this amount
  • Slippage (pips) - the maximum distance, in pips, allowed for the price to move between sending a trade order to the server and execution (by the broker’s server)
  • Enable lotsize management - enable in order to use a percentage of the equity to trade, instead of the LotSize (above)
  • Percentage of equity to trade - set the percentage of equity to trade when the above is enabled (0.01 = 1%)
  • Grid level (pips) - the distance between the trades of the same kind (the grid trades)
  • Lotsize multiplier (for grid trades) - use this multiplier to increase or decrease the lotsize of the grid trades
  • Maximum trades of the same type - restricts the EA from opening more than this number of trades for each type of trades (buys or sells)
  • Enable Hedging - whether or not to enable hedging Hedging is opening of opposite type of trades, used to counter losses from a losing trade. A complex hedging expert advisor is the RobotFX Auto Recovery.
  • Hedging distance (pips) - the distance (from the first opened trade) in pips where the hedging (placing of opposite type of trades) will start
  • Lotsize multiplier (for hedging trades) - use this multiplier to increase or decrease the lotsize of the hedging trades Hedging trades are also restricted by the “Maximum trades of the same type” above.
  • Trade entry settings - these are self-explanatory and used to define the trend and the first trade entry
  1. Trend MA (buy above, sell under) - this defines the trend, and the EA will only open buy trades if the price is above this moving average, and sells if the price is below it
  2. “Stoch (buy under)” instructs the EA to open a trade when Stochastic crosses under this level, while “Stoch (sell above)” will open a sell trade when the price crosses above this level
  • BreakEven (pips) - when the price moves away from the opening price this distance in pips, the EA will set/move the stop-loss at the Bid-BreakEven distance (for long trades) or Ask+BreakEven (for short trades)
  • TrailingStop (pips) - the EA will set the stop-loss at break-even as soon as the price is this number of pips away from the opening (plus the spread)
  • TrailingStep (pips) - the EA will move the stop-loss of the trade at the TrailingStop distance from the actual price, as soon as this is at TrailingStep distance from the opening price
  • Close basket of trades at MinProfit - enable to close a basket of (opposite) trades when their profit reaches the MinProfit ($$) above
  • Enable comments on chart - set to true to display information about the broker, trade restrictions, trader (etc) on the chart
  • Magic number (to identify these EA’s trades) - used by the EA to identify the trades opened by itself
  • Trade comment (to identify these EA’s trades) - used by the trader to identify trades opened by this EA

Warning: one of the limitation of this EA, in its current version (1.5), is that it does not consider or interfere with the existing trades on the chart. That applies to any trades, even those opened by itself. So if the EA starts a grid trading and the trader closes the MetaTrader trading terminal, there’s a chance that the EA won’t do anything after restart. This is useful info for traders who trade from home, and often switch off their computers; for those using VPS, that is supposed to be online all the time, it shouldn’t be any issue. This may also be changed in a future version.

Watch how RobotFX Grid-X works

RobotFX Heiken Ashi

The RobotFX Heiken Ashi expert advisor is an all-in-one trading solution for traders trading with the trend, so we can safely say that the Heiken Ashi expert advisor is a trend trader. It can detect the trend - if the trader chooses so - and trade accordingly, meaning that the EA will only buy if the trend is up and/or only sell if the trend is down. The trend itself is decided by the Heiken Ashi color on the higher or current timeframes. It should be noted however that the trend detector can also be disabled and that the Heiken Ashi EA can be allowed to trade by simply following the Heiken Ashi signals on the current timeframe.

To better understand better how this trend trader with hedging abilities works, please take a look at the picture below.
RobotFX Heiken Ashi
Heiken Ashi expert advisor with advanced trailing options (Trailing Stop)
In the trading chart above, the Heiken Ashi is in uptrend on H1 and H4, meaning that the Heiken Ashi color is green (up) on both of these timeframes.
The type of Heiken Ashi candles can be customized by the trader, who has the possibility to set the moving averages' method (smoothed, exponential, simple, linear), period or shift, for the trend detection as well as trade entry signals. When one or both trend detectors are used, the uptrend or downtrend is determined by the Heiken Ashi color on their respective timeframes. When any of the Trend A or Trend B are enabled, they are displayed in the lower-left corner of the chart. Note that if the trader enabled both these trend detectors (A and B), the EA will consider entering a trade only if they both coincide and it will ignore trading signals if one trend is up while the other is down.

When the Heiken Ashi candles change their color from down (red) to up (green) the EA will open a long trade; opposite happens for short trades. This entry signals can be validated by another safety feature - if the trader wants to use it - that is the swing zone confirmation. This swing zone is also used by both the Fluid and the NonLagMA expert advisors, and it has the purpose to ensure that the EA will not open buy trade when higher-highs are formed, or sell trades when the price forms a lower-low.

After a trade is opened, the Heiken Ashi EA has the ability to place a classic stop-loss and/or tkae-profit, and also trail the price using various methods (using the Tailing Stop EA algorithm) including trailing by Heiken Ashi candles, moving average, PSAR, ATR and others. This Heiken Ashi EA can even martingale if the previous trade closed in negative profit. Below are some examples of trades opened and closed with different trailing stop options.
Heiken Ashi EA trailing the price by candlestick

Heiken Ashi Expert Advisor
Heiken Ashi EA trailing the price by Fractals indicator

Heiken Ashi Expert Advisor
Heiken Ashi EA trailing the price by HA indicator

Heiken Ashi Expert Advisor
Heiken Ashi EA trailing the price by Moving Average indicator

Heiken Ashi Expert Advisor
Heiken Ashi EA trailing the price by HA indicator

Heiken Ashi Expert Advisor
Heiken Ashi EA trailing the price by PSAR indicator
Money management is also possible by setting the EA to use a percentage of the equity as lotsize, or by using a fixed lotsize.

RobotFX Heiken Ashi EA settings

Heiken Ashi Settings
Heiken Ashi indicator is used to spot the trend and enter/exit trades
Take your time to understand what each of these settings does. After you’ve done that, try to optimize the default settings based on the pairs you are trading, the time-frame you trade on, your equity and initial LotSize etc.
  • ClientEmail - fill this with your email IF you are using a paid version of this EA on a LIVE account
  • Enable lotsize management - set to true to automatically calculate the lotsize based on the “Percentage of equity to trade”
  • Percentage of equity to trade - see above
  • Lot Size - trade lotsize if “Enable lotsize management” set to false
  • Stop Loss (pips) - stoploss value set in pips
  • Take Profit (pips) - takeprofit value set in pips
  • Maximum orders allowed - how many orders is the EA allowed to have opened at the same time, on the same chart
  • Slippage (pips) - distance allowed for the price to move from the open/close/trail order to the execution
  • Close trades at opposite Heiken Ashi signal - whether or not to close opened trade/s if the Heiken Ashi candle changes color
  • Do not close at Heiken Ashi if negative profit - if above is set to true and this to false, the EA will close the trade/s regardless of the profit. Set to true to close only if the profit is positive
  • Close trades at opposite Heiken Ashi trend+signal - whether or not to close the trade/s if the trend changes and there is a buy or sell signal, depending on the trend
  • Close opened winning trades if same signal occurs - if another trade signal occurs and existing trade/s is positive, the EA can close it before starting a new one (if instructed to do so)
  • Do not close trades (if same signal) if negative profit - if above is set to true but the profit of the trade/s is negative, the EA can be instructed not to close the trade. Set to true to close an existing trade only if there is profit at the moment of changing the candle color
  • Display chart info - whether or not to show information on the chart
  • Information color - the chart info color Trades' comment - assign a comment for trades opened by this EA, for easy monitoring
  • MagicNumber - assign a unique number to trades opened by this EA so they can be managed by other EAs or allow this EA to manage trades opened by other EAs
  • Heiken Ashi signal & trend settings - choose the Heiken Ashi signal settings
  • Number of bars/candles to consider the swing - choose the number of candles to consider the “swing zone” used to confirm the entry signals
  • Pips away from the last swing - set to 0 pips to deactivate the swing zone. 
Example: when using a “Pips away from last swing” of 30 pips the EA will enter a trade when the Heiken Ashi signal changes color AND the price (at that moment) is at least 30 pips away from the swing zone upper level (when buying) or lower level (when selling). This should be used to reject buy signals that might occur on overbought areas or sell signals that happen in oversold areas.
  • FOLLOW TREND A / FOLLOW TREND B - if set to true, the trader can also choose the Heiken Ashi settings used to detect the trend. Both, one or none of these option can be used.
  • Enable Martingale - whether or not to multiply the next trade’s lotsize if the previous one/s closed in loss
  • Martingale if sum of last 2 orders negative - whether or not to consider the lotsize of the last 2 closed trades instead of only the last 1
  • Martingale multiplier - lotsize multiplier is martingale is enabled
  • Martingale consecutive trades - maximum number of times a trade lotsize is multiplied, if martingale is enabled and the loss not yet recovered
  • Price Trailing Method - choose how the EA trails the winning trade/s
  • Trailing Step (pips) - trailing step used to trail the price
  • Trailing Stop Buffer (pips) - trailing buffer used to trail the price
  • Minimum Profit if Trailing Stop Points - the trailing stop will be placed this distance away from the opened price
  • Trail from Breakeven - whether or not to start trailing only if the price is in profit. Set to false to trail the price as soon as the trade opens, if that is allowed by the trailing option
  • Trailing indicators settings - settings for some indicators used to trail the price (if that option is chosen to trail). For the Heiken Ashi trailing option, the same settings with the signal are used
  • Print more logs (disable for normal use) - set to true for testing and for when something doesn’t seem to work as described. Careful as it will write too many logs and slow down your computer

Watch how RobotFX NonLagMA works (video)

RobotFX NonLagMA

The RobotFX NonLagMA expert advisor was built for traders trading with the trend and whose forex trading strategy is defined by the “trend is your friend” motto. This Metatrader expert advisor is very similar to the Fluid expert advisor by the fact that its main functions are the same.
RobotFX NonLagMA
NonLagMA EA trades with the trend, buys in uptrend and sells in downtrend
Technically the RobotFX NonLagMA EA can:
1. detect the trend (uses the nonlagma indicator color, price position or both)
2. enter (or exit a winning trade/basket) on the nonlagma indicator signal
3. trails the price - for the winning trades
4 hedges the zone recovery or with the trend - for the losing trades (a regular stoploss can also be used)
To trade using the expert advisor as it was designed to do, the trader must first choose an option for the EA to establish the trend. This will be accomplished by the trend nonlagma detector and it can be based on the indicator’s color (black=sell, white=buy), the price position regarding the nonlagma trend indicator (price above = buy, price below = sell) or both of these criteria.
NonLagMA EA settings
NonLagMA EA can also hedge a losing trade, by using the Auto Recovery technology
The second nonlagma indicator is used to enter - and if the trader chooses so, to exit - a trade. Exiting a trade at the nonlagma reverse signal may ensure that the trader has closed the trade at the right moment, just before the trend would reverse.
For the experienced traders, there is the possibility to enable the martingale and to double/triple the next trade’s lotsize, if the previous one was a loss.

Watch how RobotFX NonLagMA works

RobotFX MACD

The RobotFX MACD expert advisor ideology is meant for the traders that are familiar and use the moving average convergence divergence (MACD) indicator in their trading decisions. The MACD EA is easy to set up and use, as it can be seen from its settings below.
RobotFX MACD
The MACD expert advisor uses the Stochastic indicator for entry confirmation
To make sure the expert advisor trades in the right direction (ie with the trend) the trader can choose to follow the trend given by the same MACD settings used to enter/exit the trades. The trader can choose any other values depending on the traded pair. The trading signals are based on the intersection of the MACD’s signal line and the main line.
Following the trend, the EA sells when the MACD main line drops below the signal line and it buys when the main crosses the signal, up. The stop-loss and the take-profit are set immediately after the trade is opened, making this expert advisor compatible with the ECN brokers.
The trader has also the option to use the Stochastic indicator to confirm the entries and/or the exits. In the example below, using the default settings settings, the MACD EA opened three trades (maximum allowed) when the trend was up, the MACD raised above the signal line and the Stochastic was oversold, and managed to close one by trailing stop and the other two at take profit.
RobotFX MACD
RobotFX MACD EA can identify the trend and enter trades accordingly by following the MACD indicator
To better manage the trades, the EA can limit the number of the total opened trades and it can also close the opened trades at opposite signals.

Watch how RobotFX MACD works

RobotFX Trailing Stop

The Trailing Stop expert advisor has been created to help traders manage winning trades and baskets of trades, by trailing the price once it goes in the trader’s favor. The main idea that led to this Trailing Stop EA was that many traders are not so good at managing winning trades. While sooner or later every trader learns how to spot the trend, when to enter a trade, what forex news to trade and so on, many traders are closing their trades when they shouldn’t.
It often happens that traders get too greedy or too scared and so they poorly manage an opened trade. Unfortunately, managing an opened trade is much harder than opening a trade. When this happens, the winning trade is usually closed:
  • Too late, after the profit decreased considerably or even became negative profit (loss)
  • Too early, before the trade’s profit will reach its highest amount possible
RobotFX Trailing Stop
By trailing the price with the stop-loss, traders ensure that profit has been locked at certain levels
Using the RobotFX Trailing Stop expert advisor for Metatrader, traders can cash in safer without having to continuously monitor their trades.
So the purpose of the Trailing Stop EA is to eliminate those frustrating situations when you close a trade earlier than you should and the price continues to go in your favor, or when you wait for to long and the price reverses, so your winning trade becomes a losing trade.
The expert advisor trails the price using various methods:
  • After a number of pips or points (the classic trailing method)
  • At the last candlestick’s end (+ a buffer in points)
  • Trails using Metatrader’s indicators: MA (moving average), PSAR (parabolic stop and reverse), fractals, ATR (average true range)
  • Trails using a percentage of the profit
Below are few examples how the EA trails the price using these methods.
ATR Trailing Stop
Trail the price using the ATR indicator

Chandelier Trailing Stop
Trail the price using the previous candle

Pips Trailing Stop
Trail the price using a fix amount of pips

Fractals Trailing Stop
Trail the price using the Fractals indicator

Moving Average Trailing Stop
Trail the price using a moving average

PSAR Trailing Stop
Trail using the PSAR indicator

RobotFX Trailing Stop Settings

It is important to specify that the trader has the ability to change (within the expert advisor’s settings) the indicators values as well as the timeframe they are applied to. Also, that the expert advisor can trail multiple trades (basket) of the same kind.
Trailing Stop Settings
Trailing Stop Expert Advisor Settings

  • ClientEmail - if you already purchased this EA and want to trade it live, enter your email here
  • Virtual Trailing - enable/disable virtual trailing
  • Trailing Method - choose the preferred trailing method
  1. Candlestick (aka chandelier) - trails the price using the last candle, placing the stoploss at the end of this candle
  2. Fractals - trails the price using the fractals indicator, placing the stoploss at the fractal indicator level
  3. ATR - trails the price using the ATR indicator, placing the stoploss at the ATR indicator level
  4. Parabolic - trails the price using the PSAR indicator, placing the stoploss at the PSAR indicator level
  5. MA - trails the price using the moving average indicator, placing the stoploss at the MA indicator level
  6. Profit % - trails the price using the profit’s percentage (example: if profit is 500 pips and Profit % = 50, the stoploss will be placed at 50%*500, meaning 250 pips)
  7. Points - trails the price using the points; use with Minimal Profit if Trailing Stop Points below (example: when profit reaches Minimal Profit if Trailing Stop Points, trailing will start and the stoploss will be placed)
  • Trailing Stop Buffer - the stoploss will be placed at this distance from the signal (MA, PSAR, fractals etc.)
  • Trailing Stop Step - the stoploss will be moved when the price will move this distance from the previous stoploss
  • Minimal Profit if Trailing Stop Points - trailing will start after this amount is passed
  • Trailing Stop from Breakeven - the stoploss will be placed and trailing will start only after price reached the breakeven level
  • MagicNumber to Trail (-1 all) - if you want to trail trades opened by other EAs, enter their MagicNumber here
  • Indicator Settings - set the values for the indicators used to trail the price, if any of them is chosen as Trailing Method
  1. Timeframe - the indicators’ timeframe
  2. ATR Period - Average True Range period settings
  3. Parabolic Step - PSAR indicator step settings
  4. Parabolic Maximum - PSAR indicator maximum settings
  5. MA Period - Moving Average period settings
  6. MA Method - Moving Average method settings
  7. MA Price - Moving Average price settings
  8. Profit Percent - profit percent settings
An expert advisor that can trade and trail all the above plus Heilen Ashi is the RobotFX Heiken Ashi EA.

Watch how the RobotFX Trailing Stop EA works