METAGRID
List of all functions

Latest version: 2.16 / released March 2021

• Hidden entries (not transmitted to your broker)

• Hidden stop-loss (not transmitted to your broker)

• Hidden targets (not transmitted to your broker)

• Hidden trailer (not transmitted to your broker)

• Expected profit and loss will be displayed on target/stop-loss

• Market orders and pending orders (stop orders and limit orders) 

• Opens a trade only if the candle touches the entry line, not the spread (same for stop-loss and target)

• Active Entry: Opens a pending order only if price action confirms the trade (you can turn it off or on)

• Entries, targets, and stop-losses can be set with the help of lines or by pips

• Auto lot-size calculation (never guess what lot size you need to risk a free customizable percentage of account balance)

• Simple and expert mode (expert mode for more experienced traders)

• Add grids to your trades in both directions

• Hedge grids 

• Multi-Timeframe trendline indicator (*) 

• Auto-Trader: Trades the strong order blocks and price action arrows automatically and can manage your own trades automatically for example by deciding the lot size, when to secure a trade or when to close a trade earlier (*)

• Price Action arrows for potential buy and sell trades (*)

• Grids with a fixed grid size or totally free customizable with lines

• Auto trendline entries (can open a trade if price breaks a trendline or bounces on a trendline)

• Auto Fibonacci entries (opens a trade if price retraced to a free customizable Fibonacci level) 

• Dynamic Moving Average: Displays the best Moving Average for every pair

• Auto Break-Even: Secures your trade after a free customizable candle close 

• Auto Partial Close: Closes a part of the trade after a free customizable candle close 

• Pip counter

• Profit counter

• Shows the main trend on every pair and timeframe

• Change settings while trade is running

• Stop-loss by account balance (stops the trade if you lost a free customizable percentage of account money)

• Target by account balance (closes the trade if you made a free customizable percentage of gain)

• Free customizable multiplier if you want to add trades with a martingale

• Quick stop-loss if you want to move the stop-loss very fast

• Shows the pip value for every pair

• Random button: Switches to a random pair (makes fun!)

• Clean button: Delete all your drawings or from indicators with one mouse click

• Close all button: Fast close of all open trades 

• Shows compounded pips if you use grids

• Shows the spread for every pair by two lines directly on the chart

• Cancel-Line: If price hits this line a pending order will be deleted

• Spread protection: Does not open a trade if  the spread is too high (free customizable)

• Bank levels: Shows where price is very likely to turn (*)

• Order Blocks: Predicts where you can find the big orders in the market (*)

• Copy-Button: Opens the actual template a second time)

• Magic Number free customizable

• Can make automatically screenshots of your trades that you can analyze your trades easier

• Alerts for opened and closed trades by email and push notification

• Alert if your loss is too high by email or push notification

• Profit-Alert by email or push notification

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(*) =  function is only available in lifetime versions or by subscription