RobotFX Grid-X

This grid expert advisor for MetaTrader might be better than the other grid expert advisors for MT4, depending on traders’ needs. 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, many traders make the mistake to 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 has a lotsize multiplier that can be set to a value smaller than 1, and so allowing the EA to decrease the lotsize of the grid trades, trading the same amount or even increase it.
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).
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 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.
The RobotFX Grid Expert Advisor settings, as seen in MetaTrader 4
The RobotFX Grid Expert Advisor settings, as seen in MetaTrader
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.

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. However, although is was designed to detect and follow the trend - by using the Heiken Ashi indicator - this (ie trend detection) can be disabled and the Heiken Ashi EA can be allowed to trade by simply following the Heiken Ashi signals on the current timeframe.
RobotFX Heiken Ashi
Heiken Ashi expert advisor with advanced trailing options (Trailing Stop)
The type of Heiken Ashi candles can be customized by the trader (smoothed Heiken Ashi or any other values can be chosen for the HA’s moving averages length, type, shift etc.). This applies to the Heiken Ashi indicator for detecting the entry/exit signals as well as for the HA used to detect the trend. When the trend detector(s) is used, the type of trend is given by the Heiken Ashi candle color on the respective timeframe. In the screenshot above, the Heiken Ashi is in uptrend on H1 and H4, meaning that the HA color is green (up) on both of these timeframes.
When the Heiken Ashi candle changes the color from down (red) into up (green), the EA considers entering a trade. The green arrows indicate possible entries on the chart above. One thing to be mentioned is that the EA also uses - if the trader wants to - the swing zone confirmation for its entries, same swing zone used by both Fluid and NonLagMA expert advisors. Once a trade is opened, the trader has the ability to either use a classic stoploss, trail the price using various methods (using the Tailing Stop EA algorithm) including Heiken Ashi, and even martingale if the previous trade closed in negative profit.
RobotFX Heiken Ashi
Heiken Ashi indicator is used to spot the trend and enter/exit trades
Money management is also possible by setting the EA to use a percentage of the equity as lotsize, or by using a fixed lotsize.

Watch how RobotFX NonLagMA works

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 oncen 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 winning trades to soon or to late.
RobotFX Trailing Stop
By trailing the price with the stop-loss, traders ensure that profit has been locked at certain levels
The RobotFX Trailing Stop expert advisor will 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 can trail 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
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 time-frame they are applied to. Also, that the expert advisor can trail multiple trades (basket) of the same kind.
RobotFX Trailing Stop
Trailing can be done by simply using the MetaTrader built it indicators

Watch how the RobotFX Trailing Stop EA works