Lowers the risk if your trade goes immediately against you -
Increases the profit if your trade goes the right way
Metagrid for MT4 -
The easy to use trademanager
License for two accounts
Watch the videos to see all features of this great tool for
the Metatrader 4 trading plattform.
Easy installation with a setup file for Windows. License for two accounts included.
Lifetime free updates!
Ever had this happened? You open a trade and price reverses immediately against you. Now you wish you had opened the trade only with a small lot size.
Metagrid Pipmanager helps you with this problem!
It can scale into a trade by automatically adding to your winning trades. The more price goes in your favour, the more your trade size will be increased.
If price goes against you, you are only with a small lot size in the trade. But if price moves your way, the profit gets bigger and bigger.
The best of all: Metagrid Pipmanager works with a hidden stop loss, hidden target, hidden pending orders. Your broker does not know the numbers. You are better protected against spread stop hunts.
Metagrid Pipmanager works with the BID price not the ASK price. Only if the candle touches the stops loss you will be out of the trade but not if the spread gets bigger.
Works with any kind of trading style, flexible settings allow tailoring to match your trading style
Some trade examples - The power of Metagrid
Click on a picture to make it larger
A Clean and easy to use panel
With the sell and buy buttons you can jump immediately in a trade and the grid will be painted. With the pending buttons you can set a hidden pending order. With the cancel line you can auto cancel a pending order if price touches that line. With the close all button you can close all open trades of a pair at once.
Hidden pending orders
Set a hidden pending order. If price touches the line the trade will be opened and the grid is in place
A new trade starts
The initial trade is opened from our example above. The blue lines represents the grid. If price touches a blue line an additional trade will be opened. If the trade goes now against your trade idea you are positioned with a small lot size only. This helps to keep losses small and profit big.
We reached our target
That looks nice! Price moved through our grid. One by one, the additional trades were opened. If the hidden target is reached the manager closes all trades in profit. But you can always end the trades by clicking on the "close all" button.
The whole grid is in play
Another live example of a sell trade. You can use the trade manager for any methods and systems you like. We strongly recommend using the manager the first weeks on a demo account to get confident with the grids and to find the best settings for your trading method or system. (The symbol changer is an external tool. It is not included in Metagrid software)
“I trade now with the Metagrid trade manager only. I lost the fear of trading. It is so easy and makes so much fun to watch how price works through the grid. Thank you for that great tool.”