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Metatrader 5 Expert Advisor

Grid Ninja

A fully automated and highly customizable grid-trading robot that can be used on any instrument available in your account. It uses a unique take profit feature allowing you to gain more profit the more drawdown you have been in.

Key Features

Strategy

Grid-based entry model which helps you get out in profit even if the price moves against you. You decide if you want to be fixed, increasing, or doubling lot size for added trades.

Instruments

You can trade it on any instrument, available on your account:

  • Currency
  • Index
  • Cryptocurrency

Entry Criterias

Choose between one or several entry criteria:

  • RSI
  • Moving average
  • Equal bars in order
  • Last open bar

Take Profit

It uses a unique take profit model where you set the target percentage based on your maximum drawdown of the current trade cycle.

Drawdown Limit

An important part is to protect your capital, choose one or several drawdown limits:

  • Max equity dd in %
  • Min equity in money
  • Close all trades after x grids

Compounding

Trade volume (lot size) is based on account balance so automatically as your account grows, the trade volume increases so you benefit from compounding.

Grid trading

Many times grid is dangerous, so it's very important to focus on drawdown but also how you take profit. Our grid uses a unique way of taking profit where you get more profit the more risk you have taken.

Input settings

You can customize how the robot should do its entry, take profit, and how you want to protect your capital by allowing the amount of drawdown allowed in percentage (%), money, or a number of trades.

Setting Files

I provide you with multiple setting files to be used with this robot. The most successful is Dollar Ninja which has made over 171% in 11 months on my real money account.

Backtesting

You can find your own trading settings to be used on the instrument you like by backtesting. Remember that backtesting does not tell you how the future will look like.

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