Description
<h3>Introduction</h3>
<p>KP GRID UNIVERSAL EA V1.0 MT4 is an automated trading system developed for the MetaTrader 4 platform. As the name suggests, it is based on a grid trading strategy, designed to place multiple pending or market orders at predefined price intervals. The EA aims to capitalize on market fluctuations by managing a series of trades within a structured grid framework while applying configurable risk control parameters.</p>
<h3>Key Features</h3>
<ul>
<li>Fully automated grid trading system</li>
<li>Designed for MetaTrader 4 platform</li>
<li>Adjustable grid distance settings</li>
<li>Automatic lot sizing (fixed or multiplier-based)</li>
<li>Configurable take-profit and stop-loss levels</li>
<li>Basket profit management</li>
<li>Multi-currency pair compatibility</li>
<li>Equity and drawdown protection options</li>
<li>Customizable maximum orders limit</li>
<li>VPS-compatible for continuous operation</li>
</ul>
<h3>Recommended Settings</h3>
<p>Optimal configuration depends on account size and risk tolerance, but general guidelines include:</p>
<ul>
<li>Timeframe: M15 or H1</li>
<li>Preferred Pairs: Major pairs with stable volatility (EURUSD, GBPUSD)</li>
<li>Lot Mode: Fixed lot recommended for conservative approach</li>
<li>Grid Distance: Moderate spacing to reduce risk</li>
<li>Risk Level: Conservative settings recommended</li>
<li>VPS: Strongly recommended for uninterrupted operation</li>
</ul>
<p>Always test on a demo account before trading live.</p>
<h3>Backtest Result</h3>
<p>Backtesting may typically show:</p>
<ul>
<li>Stable performance in ranging markets</li>
<li>Higher drawdown during strong trending conditions</li>
<li>Increased risk exposure if grid levels expand significantly</li>
<li>Sensitivity to lot multiplier and grid spacing settings</li>
</ul>
<p>Actual results depend heavily on market volatility and risk configuration.</p>
<h3>Advantages</h3>
<ul>
<li>Capable of profiting in ranging markets</li>
<li>Automated multi-order management</li>
<li>Flexible grid and lot configuration</li>
<li>Basket-level profit targeting</li>
<li>Suitable for traders who prefer structured grid systems</li>
<li>Compatible with most MT4 brokers</li>
</ul>
<h3>Disadvantages</h3>
<ul>
<li>Higher risk during strong trends</li>
<li>Drawdowns can increase significantly</li>
<li>Risk exposure grows with multiple open positions</li>
<li>Requires careful lot and grid management</li>
<li>Sensitive to sudden market spikes</li>
<li>No guaranteed profitability</li>
</ul>
<h3>Installation & Setup Guide</h3>
<ol>
<li>
<p>Download the KP GRID UNIVERSAL EA V1.0 file (.ex4 or .mq4).</p>
</li>
<li>
<p>Open MetaTrader 4.</p>
</li>
<li>
<p>Click File → Open Data Folder.</p>
</li>
<li>
<p>Open the MQL4 folder and then the Experts folder.</p>
</li>
<li>
<p>Paste the EA file into the Experts folder.</p>
</li>
<li>
<p>Restart MT4.</p>
</li>
<li>
<p>Enable AutoTrading from the toolbar.</p>
</li>
<li>
<p>Open your preferred currency pair and timeframe.</p>
</li>
<li>
<p>Drag the EA from the Navigator panel onto the chart.</p>
</li>
<li>
<p>Adjust grid distance, lot size, and risk settings according to your preference, then click OK.</p>
</li>
</ol>
<h3><strong>Support & Disclaimer</strong></h3>
<h4><strong>Support</strong></h4>
<p>If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:</p>
<p><strong>WhatsApp: </strong><a href="https://wa.me/+443300272265" target="_new"><strong>Click here</strong></a><strong></strong></p>
<p><strong>Telegram Group: </strong><a href="https://t.me/yoforexrobot" target="_new"><strong>Join our community</strong></a><strong></strong></p>
<h4><strong>Disclaimer: </strong></h4>
<p>Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.</p>
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