Discover the AW Double Grids MT4 Expert Advisor, a robust and fully automated grid-based trading tool equipped with an intuitive informational panel and effortless setup. This aggressive strategy operates by simultaneously executing two-sided trades, effectively amplifying the volume in one direction. With built-in features for automatic lot calculation and order multiplication, this EA offers dynamic trading solutions for traders of all levels.

How It Works: The EA initiates trading by opening two opposing orders. Upon closing a profitable order, it reinvests by opening two more orders, increasing the volume for the winning direction. As trades progress, the EA dynamically adjusts TakeProfit levels based on the number of open orders in the opposite direction. Additionally, the step for opening additional orders adapts dynamically according to the current direction’s open orders.

Input Parameters: Main Settings:

• Initial Order Size: Defines the size of the first order
• Autolot Calculation: Enables automatic lot calculation for risk management
• Autolot Deposit: Specifies the deposit amount per 0.01 lots when using autolot
• Order Size Multiplier Type: Choose between multiplication (*) or addition (+) for subsequent order volumes
• Order Size Multiplier: Sets the volume increase for orders in the grid

Take Profit Settings:

• Virtual TakeProfit Size (in Points): Adjusts TakeProfit based on the current group of orders
• Increase TP for Each Order: Determines the TakeProfit increase ratio for each subsequent order in the opposite direction

Last Cycle Settings:

• Last Cycle Step: Adjusts the step between orders during the final cycle or manual intervention

Protection Settings:

• Maximum Slippage: Specifies the maximum allowable slippage in points for order execution
• Maximum Spread: Sets the maximum allowable spread for opening orders
• Maximum Order Size: Limits the volume for individual orders
• Maximum Number of Orders: Caps the allowable number of orders of the same type

Advisor Settings:

• Orders Magic Number: Identifies the EA’s orders
• EA Orders Comments: Adds comments to orders opened by the EA
• Enable Buy/Sell Orders: Allows enabling or disabling the EA’s ability to open specific types of orders
• Allow Opening New Orders After Close: Controls the ability to open new orders after closing previous ones
• Show Advisor Panel: Toggles visibility of the advisor panel

Note: The Increase TP for Each Order variable adjusts TakeProfit based on the number of orders in the opposite direction, enhancing Money Management. As subsequent orders open, the dynamic TP equals TP in points plus the number of opposite direction orders multiplied by Increase TP for Each Order.