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Grid Trading with Optional RSI and CCI Entry Filters

Article MQL5 code base

Summary

This description outlines an expert advisor that adds orders at set grid intervals after an initial position is opened. Traders can configure whether order size increases as the grid expands, and can use RSI and CCI signals at grid steps to filter additional entries. The advisor can also initiate trades from signals on its own.

Positions may be closed when a profit target is reached, or when profit coincides with a moving-average reversal. The description says buy positions, sell positions, or the full series can be closed separately. It provides no market, parameter values, risk controls, backtest, or performance evidence. Because the approach can add exposure as prices move against an existing position, outcomes will depend on grid spacing, sizing rules, exit settings, and market conditions; the brief description does not assess those risks.

Key ideas

  • The advisor adds positions at configured grid intervals after an initial order.
  • Lot sizes can remain constant or increase, depending on the selected settings.
  • RSI and CCI can filter grid entries, and the advisor can also trade directly from signals.
  • Exits can use a profit threshold or combine profit with a moving-average reversal.
  • The description includes no backtest or specific risk-management details.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.