Fish n Grid EA V1.0 — Product Description
🔍 Overview
Fish n Grid EA V1.0 is an automated trading system for MetaTrader designed around a multi-currency, mean-reversion grid strategy. Developed and released as version 1.0 on MT4 marketplaces, it’s built to scan multiple charts, open layered positions, and manage basket-based exits using customizable rules.
⚙️ How It Trades
The EA applies a dynamic grid structure, adjusting trade spacing and order layering as market conditions shift. Instead of blindly stacking orders, it looks for price pullbacks and mean-reversion behavior to structure its grids.
📈 Signal Presence
The EA appears on several trading/copy platforms with documented historical performance. Stats vary per account and timeframe, meaning results reflect only the specific accounts shown — not guaranteed performance.
Key Features (Paraphrased & Factual)
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🔧 Multi-Currency Operation
Runs across a basket of currency pairs instead of a single pair, giving broader coverage. -
⚖️ Dynamic Grid System
Grid distances, layering, and basket rules are adjustable. Operates using mean-reversion logic rather than pure trend entries. -
🛡️ Risk Management Tools
Includes settings like dollar-based stop loss, basket-level controls, and the ability to limit or disable multi-currency behavior. -
⏱️ Trading Filters
Comes with spread filters, execution filters, and time-based trading filters to avoid high-risk hours. -
🔑 MT4 Marketplace Integration
Distributed through MT4 markets with a license/activation system.
Quick Specs
| Item | Details |
|---|---|
| Product version | Fish n Grid EA V1.0 |
| Platform | MetaTrader 4 (MT4) |
| Strategy style | Multi-currency dynamic grid with mean-reversion logic |
| Key parameters | Multicurrency switch, first-order lot size, stop-loss in dollar value |
| Licensing | Standard MT4 marketplace license model |
Installation & Setup (Based on the EA’s Documented Parameters)
📂 Installation
Place the EA in your MT4 Experts folder, refresh, and attach it to your charts. Default setfiles may be included depending on the vendor.
🔁 Enable Multicurrency Mode
Use the Multicurrency_Switch parameter to activate/deactivate multi-pair trading.
💰 Lot & Risk Settings
Configure First_Order_Lot_Size and Stoploss_In_Dollar according to your account size and risk preferences.
Important Risk Note
⚠️ Fish n Grid EA uses a grid-style trading method, which can open multiple positions at once. During strong trending markets, this may increase drawdown and margin usage. Traders should test on demo accounts first, adjust grid/risk settings, and use appropriate lot sizes and basket limits.
