Mozi Grid EA V1.0 MT4 is a powerful grid trading system designed for MetaTrader 4. As a ForexFactory EA, Mozi Grid EA is built as an MT4 expert advisor that automates the opening and closing of buy and sell orders at predefined intervals above and below the current market price. Whether you’re new to grid strategies or a seasoned trader, Mozi Grid EA takes the guesswork out of manual order placement and risk management.
Overview
Grid trading can be incredibly effective in ranging markets—but only if you stick to strict rules. Traders can leverage Mozi Grid EA’s built-in algorithms to space orders based on fixed pip distances or volatility-adjusted ATR readings. Once deployed, Mozi Grid EA continuously monitors price action and manages open trades according to your preferred take-profit and stop-loss settings, so you can focus on strategy rather than spreadsheets.
How It Works
- Grid Initialization: Upon launch, Mozi Grid EA calculates the initial grid using either a static pip interval or a multiple of the ATR.
- Order Placement: It places alternating buy and sell pending orders at each grid level.
- Trade Management: When a trade hits its profit target, Mozi Grid EA closes it and can optionally open a new order at the far side of the grid to maintain exposure.
- Safety Nets: A global stop-loss kicks in if cumulative drawdown exceeds your preset threshold, ensuring one runaway trend can’t wipe out your account.
Key Features
• Mozi Grid EA offers customizable grid spacing: define pip intervals or ATR-based spacing
• Mozi Grid EA supports dynamic lot sizing: choose fixed lots or percentage risk per trade
• Mozi Grid EA includes profit targets per level: individual TP settings for each grid leg
• Mozi Grid EA enforces maximum drawdown control: automatic pause if drawdown limit is reached
• Mozi Grid EA has a martingale-free design: no exponential lot scaling, reducing blow-off risk
• Mozi Grid EA provides real-time account protection: daily and hourly loss limits
• Mozi Grid EA runs on multiple pairs and timeframes: deploy several instances on different charts
• Mozi Grid EA maintains 100% non-repainting signals for clean backtests
Strategy Guidelines
When using Mozi Grid EA, stick to major currency pairs like EUR/USD or USD/JPY during low-volatility ranges. Avoid high-impact news releases to minimize slippage. A sample setup: 20-pip grid spacing, 0.01 lot size per level, five grid levels, and a 50-pip global stop-loss. Always demo-test and tweak settings to match your risk tolerance.
Risk Management
Grid systems can suffer in strong trends. Mozi Grid EA includes a hard stop-loss if total drawdown exceeds 10% and a daily loss cap to protect your balance. Combine it with a low-spread ECN broker and never risk more than 1–2% per grid leg.
Installation & Use
- Download Mozi Grid EA V1.0 MT4 from ForexFactory.cc.
- Copy
MoziGridEA.ex4to yourMT4/Expertsfolder. - Restart MT4 or right-click the Navigator pane and refresh.
- Attach Mozi Grid EA to your chosen chart and load the recommended settings file.
- Enable AutoTrading (and DLL imports if prompted).
Performance Snapshot
In a 12-month backtest on a $10,000 demo account, Mozi Grid EA achieved an average monthly return of 3% with a maximum drawdown of 8%. The equity curve remained stable across varying volatility, showcasing the strength of forex grid strategies.
Conclusion
Mozi Grid EA V1.0 MT4 is your go-to MT4 expert advisor for automated grid trading without risky martingale tactics. As a free ForexFactory EA powered by YoForex, it delivers customizable settings, solid risk management, and consistent performance. Download Mozi Grid EA now and turn sideways markets into profit opportunities!
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