GBPJPY Grid Expert Advisor (EA) – 50-Trade Grid Strategy


This Expert Advisor (EA) is designed to trade the GBP/JPY currency pair using a strategic grid trading approach. It opens a total of 50 pending trades, split evenly between buy and sell directions, using a combination of Buy Stop, Sell Stop, Buy Limit, and Sell Limit orders.


Strategy Overview:Lot Size: 0.01 lots per tradeTotal Trades: 50 pending ordersGrid Spacing: 1 pip between each orderGrid Range: Covers 50 pips from the base priceTake Profit (TP): 150 pips per tradeNo Stop Loss (optional – can be added)Order Types:Buy Stop Orders: Placed 1 pip apart above the current priceSell Stop Orders: Placed 1 pip apart below the current priceBuy Limit Orders: Placed 1 pip apart below the current priceSell Limit Orders: Placed 1 pip apart above the current priceEach order is strategically placed to take advantage of short-term volatility and potential price breakouts or pullbacks in either direction.


Key Features:Fully automated grid setupBalanced exposure with both trend-following (Stop orders) and counter-trend (Limit orders)Simple to use and modifyDesigned specifically for the GBP/JPY pair’s high volatility and wide price movementsSettings (can be adjusted):Base price: Market price at EA initializationLot size: Default 0.01 (modifiable)Take profit: 150 pips per tradeGrid spacing: 1 pipNumber of trades: 50 total (can adjust how many of each order type)


 


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