Supergrid EA

The Supergrid EA is an automated trading system that utilizes a grid-based strategy to open buy or sell trades based on market direction. In this review, we will examine the key features of the Supergrid EA, its strengths and weaknesses, and its risk management techniques. By the end of this article, you will have a comprehensive understanding of the Supergrid EA and be better equipped to make an informed decision about whether or not to use it in your trading activities.

Supergrid EA Strategy

The Supergrid EA strategy is a grid-based trading strategy that divides the chart into horizontal grids based on market direction (bullish/bearish) and opens buy or sell trades when the price touches each grid line. The grid distance is calculated based on a percentage of price, making it adaptable to any type of market.

Supergrid EA
Supergrid EA

This trading system runs during all trading hours of the day, and it is recommended to be used on a timeframe of M15, although it runs on one pair, EURUSD, to take advantage of its low spread and fast execution. The EA utilizes several internal filters to ensure that it only trades during optimal market conditions and will not trade during periods of big spreads or “hectic” markets.

The strength of the Supergrid EA strategy is its ability to trade multiple pairs simultaneously on a single account, which can diversify a trader’s portfolio. Its risk management rule applied to all trades can also help to minimize losses. Additionally, its use of internal filters to avoid unfavorable market conditions can protect the trader’s capital.

However, the weakness of this strategy is that it heavily relies on market direction and assumes that the price will eventually reach each grid line. If the market fails to move in the expected direction, the trade can remain open for an extended period, resulting in losses. Also, while the EA incorporates risk management techniques, there is no guarantee of profit or protection against market volatility.


As for risk management, the Supergrid EA strategy applies a risk management rule to all trades, which can help to minimize losses. It is recommended to use a demo account to test the EA before using it on a live account to understand its performance and risks fully. It is important to note that past performance does not guarantee future results, and the EA should be used at the trader’s own risk.

Supergrid EA Features

  • Grid-based trading strategy that divides the chart into horizontal grids based on market direction (bullish/bearish).
  • Buy or sell trades are opened when the price touches each grid line.
  • Grid distance is calculated based on a percentage of price, making it adaptable to any type of market.
  • It trades multiple pairs simultaneously on a single account.
  • It applies a risk management rule to all trades to minimize losses.
  • It runs during all trading hours of the day.
  • Recommended timeframe: M15.
  • It runs on one pair, EURUSD, to take advantage of its low spread and fast execution.
  • It utilizes several internal filters to ensure that it only trades during optimal market conditions.
  • It does not trade during periods of big spreads or “hectic” markets.
  • It runs fully automatically and does not require any manual interventions.
  • It incorporates multiple safety techniques to minimize risk.

Supergrid EA Settings

  • Max_Order_Per_Order_Type – the maximum number of orders allowed per order type
  • EA_Magic_Number – a unique identifier number to differentiate between trades made by the EA and those made manually
  • Add_Position – whether to add new positions as the market moves in the desired direction
  • Buy_Stop – the price at which a buy trade will be triggered
  • Buy_Limit – the price at which a buy limit order will be placed
  • Sell_Stop – the price at which a sell trade will be triggered
  • Sell_Limit – the price at which a sell limit order will be placed
  • Buy_Stop_Step – the distance between each grid line for buy stop orders
  • Buy_Limit_Step – the distance between each grid line for buy limit orders
  • Sell_Stop_Step – the distance between each grid line for sell stop orders
  • Sell_Limit_Step – the distance between each grid line for sell limit orders
  • Buy_Stop_Step – the distance between each grid line for adding new buy positions
  • Buy_Limit_TP – the take profit target for buy limit orders
  • Sell_Stop_Step – the distance between each grid line for adding new sell positions
  • Sell_Limit_TP – the take profit target for sell limit orders
  • One_Time_Closing – whether to close all positions at once when a certain condition is met
  • Account Balance – the current account balance to calculate position sizes and risk management
  • Equity_Target – the desired equity level to reach before stopping trading for the day

Supergrid EA Summary

The Supergrid EA is an automated trading system that uses a grid-based strategy to open buy or sell trades based on market direction. Its strengths include adaptability to any market, versatility, and a fully automated system. Its weakness lies in the potential for losses during high volatility periods. This EA is best suited for experienced traders who are willing to closely monitor its performance and adjust settings as needed. However, it is important to note that there are no guarantees of profitability, and demo testing and good risk management settings are essential for optimal performance.

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