Quattro Grid MT5

• Grid step size 
• Take-Profit size for each grid order or position
• Stop-Loss size for each grid order or position
• Lot size for each grid order or position (supports various types of coefficients)

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• Trading only within a given price range
• Placing a grid of pending orders when approaching a given price (or 1 order)
• Trailing stop of specified price limits
• Closing positions and deleting orders of a given type when going beyond the specified price limits
• The ability to use this type of trading simultaneously with any other types of trading that the advisor supports. 

It is important that this mode can work correctly even with an uneven distribution of grid levels (when the step factor is used).

For each grid, in the settings you can set the range for binding the initial grid price to current market levels. That is, as soon as the market price moves away from the initial price by a given distance, and this distance will accommodate an entire grid step (or several steps), the initial price will automatically move as close as possible to the current market price.

Further, the rest of the grid will be rebuilt after it - unnecessary pending orders will be deleted, and market positions that fall out of it will be considered obsolete. In this case, it is important to consider that without changes, the grid will only work if the step factor is not used. Otherwise, it is better to use phantom mode.

Also, using this functionality, you can implement some non-grid strategies. For example, if you specify only 1 grid order in the grid settings, then when moving the initial price, the advisor will place a new pending order each time and delete the old one (except for market positions). This is exactly how, for example, you can organize a trailing-stop of a single pending order (by grid steps) until it turns into a market position.

Other strategies are also possible...

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• The advisor can be launched simultaneously on any currency pairs or even on the same one with different settings. Each order or position is marked with an individual comment, which contains both the opening price and the name of its instrument. You can also add a trader’s personal mark to the comment.
  
  
• The advisor is not afraid of any interruptions in his work. With each new launch and unchanged settings, it picks up all its orders and issues a report on what happened to them during its inactivity. Alpha Grid also has a separate system of various alerts (text and graphic) that help you quickly understand what exactly is happening with your trading at any given time. 
  
  
• The informational (and some trading) capabilities of the advisor can be used during regular manual trading. At the same time, most information panels, buttons and notifications can be freely moved around the chart, some of them can be minimized and scaled. The color settings of the panels can be used for quick visual identification of a working advisor when used simultaneously on different charts.