Tarantella EA: The Advanced Adaptive Grid Trading System
If you're on the lookout for a robust grid trading solution, look no further than the Tarantella Expert Advisor (EA). This nifty tool fuses traditional grid trading methods with cutting-edge risk management strategies, making it a powerful asset for any trader's toolkit. The Tarantella EA smartly places buy and sell orders based on expanding Fibonacci intervals, adjusting both position sizes and grid spacing as market conditions shift.
Key Features:
- Market Profile Integration: Focuses trading on high-probability Value Areas (typically around 70%) while steering clear of Point of Control zones.
- Multi-Layer Trend Filtering: Merges ADX trend strength detection with MA/MACD directional confirmation across various timeframes.
- Intelligent Hedging System: Engages counter-trades at user-defined intervals, complete with partial close options.
- Adaptive Grid Management: Utilizes Fibonacci ratios (1.0, 1.618, 2.618, etc.) for dynamic grid spacing and lot scaling.
- Advanced Entry Conditions: Requires consecutive bars, volume filters, and optional ATR/RSI confirmation.
- Comprehensive Risk Management:
- Trailing stops & breakeven triggers
- Position limits with oldest-trade closure
- Equity-based full/partial closure rules
- Stop-loss buffers that respect broker constraints
Strategic Advantages:
- Engages only during confirmed trends (ADX > 25 + MA/MACD alignment).
- Avoids low-probability zones by leveraging Market Profile analysis.
- Reduces drawdown risks through proactive hedging.
- Adapts to market volatility with Fibonacci grid expansion.
- Employs a 4-layer risk protection strategy (position limits, equity stops, trailing mechanisms, and hedge coverage).
Important Note:
This EA is not intended for live trading. Utilizing martingale strategies or ramping up lot sizes could lead to significant losses. It's best suited for demo and strategy testing purposes only. Please consider it a work in progress and feel free to tweak it to your liking.
Ideal For: EURUSD, GBPUSD, XAUUSD, and other liquid pairs on M15 to H1 timeframes. It's designed for use in medium to high volatility environments.
Package Includes: Fully commented code, preset files for major pairs, and a detailed risk management guide.
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