METAGRID
List of all functions
Latest version: 2.3 / released Februars 2023
STANDARD VERSION
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Hidden entries (not transmitted to your broker)
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Hidden stop-loss (not transmitted to your broker)
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Hidden targets (not transmitted to your broker)
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Hidden trailer (not transmitted to your broker)
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Option to use stop-loss and targets from MT4 instead of hidden orders
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Expected profit and loss will be displayed on target/stop-loss
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Market orders and pending orders (stop orders and limit orders)
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Opens a trade only if the candle touches the entry line, not the spread (same for stop-loss and target)
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Active Entry: Opens a pending order only if price action confirms the trade (you can turn it off or on)
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Entries, targets, and stop-losses can be set with the help of lines or by pips
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Auto lot-size calculation (never guess what lot size you need to risk a free customizable percentage of account balance)
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Simple and expert mode (expert mode for more experienced traders)
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Add grids to your trades in both directions
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Hedge grids
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Grids with a fixed grid size or totally free customizable with lines
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Auto trendline entries (can open a trade if price breaks a trendline or bounces on a trendline)
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Auto Fibonacci entries (opens a trade if price retraced to a free customizable Fibonacci level)
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Dynamic Moving Average: Displays the best Moving Average for every pair
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Auto Break-Even: Secures your trade after a free customizable candle close
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Auto Partial Close: Closes a part of the trade after a free customizable candle close
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Pip counter
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Profit counter
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Shows the main trend on every pair and timeframe
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Change settings while trade is running
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Stop-loss by account balance (stops the trade if you lost a free customizable percentage of account money)
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Target by account balance (closes the trade if you made a free customizable percentage of gain)
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Free customizable multiplier if you want to add trades with a martingale
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Quick stop-loss if you want to move the stop-loss very fast
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Shows the pip value for every pair
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Random button: Switches to a random pair (makes fun!)
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Clean button: Delete all your drawings or from indicators with one mouse click
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Close all button: Fast close of all open trades
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Shows compounded pips if you use grids
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Shows the spread for every pair by two lines directly on the chart
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Cancel-Line: If price hits this line a pending order will be deleted
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Spread protection: Does not open a trade if the spread is too high (free customizable)
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Bank levels: Shows where price is very likely to turn (*)
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Copy-Button: Opens the actual template a second time)
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Magic Number free customizable
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Can make automatically screenshots of your trades that you can analyze your trades easier
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Alerts for opened and closed trades by email and push notification
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Alert if your loss is too high by email or push notification
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Profit-Alert by email or push notification
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PREMIUM VERSION
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Alle functions of the Standard Version
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Multi-Timeframe Trendlines
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Multi-Timeframe support and resistance lines
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Expert Advisor (EA): Can trade price action and order blocks. Can manage your own trades if you are not on your computer - for example by deciding when to secure a trade or when to close a trade earlier. (More information on youtube)
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Price Action arrows for potential buy and sell trades
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Daily generated Order Blocks for all forex pairs, metals, and indices
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Daily generated Bank Buy and Sell Levels
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