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Grid Meister

v.2.0.2.0

Grid Meister

Overview

A tool for order grids. Plan a grid on the chart - direction, spacing, quantities, the price it starts from - see every order before it goes, then send it with a click or a key. The grid can follow a moving price, and it is found again after a reload.

How to use it

  1. Add the indicator and open its panel on the chart's left side.
  2. Choose the Direction (Sell ↑, Sell ↓, Buy ↑, Buy ↓) and the price each side starts from - a bar price, Input, Manual, or any line of another indicator on the chart - with an offset.
  3. Planned (or Space) shows the grid; adjust it with the keys below.
  4. Send (or Enter) sends it. Cancel removes the grid's orders, Close flattens the instrument, Rev reverses.

The Grid Meister panel

Parameters

General

Parameter Default What it does
Grid count 5 The parameter specifies the number of simultaneous orders in the grid, values from 1 and higher are allowed.
Order spacing calculation type Fixed This parameter defines the method used to calculate the spacing between grid orders.
Quantity calculation type Dafault This parameter defines the method used to calculate the quantity of grid orders.
Long ATM template None The ATM template for long grids (and for short ones while Short ATM template is Same as Long). None: the orders go without an ATM.
Short ATM template — The ATM template for short grids. Same as Long: short grids use the Long ATM template.
Grid direction Long drop Defines the trading direction of the grid for placing orders. It determines whether the system places orders when the price is falling or rising.
First order market Off This function allows you to place the initial market order in a grid strategy, enabling immediate entry into the position without waiting for limit orders to be executed.
Color planned orders yellow The parameter defines the colour for the planned grid orders.
Color planned MKT order olive The parameter defines which colour will be used in the planned MKT order.

Data Series

Parameter Default What it does
Default price 0 Specifies the custom price from which the order grid will be constructed.
Bar offset 0 The bar offset specifies the index of the bar from which the selected price type will be used, 0 is the index of the current bar, 1 is the index of the previous bar, etc.
Use recalculation grid base price Off Enable a function for recalculating the grid base price
Recalculation interval (bars) 10 Determines the interval in bars to recalculate the grid base price

Order Spacing

Parameter Default What it does
Order spacing (ticks) 10 The parameter specifies the distance between grid orders in ticks.
Step 5 Defines the fixed distance between consecutive grid orders.
Multiplier 2 Defines the multiplier used to calculate the distance between consecutive grid orders.
Fibonacci start 1 Specifies the starting value for the Fibonacci sequence.

Order Quantity Contract

Parameter Default What it does
Default quantity 1 The parameter specifies the default quantity
Increment 1 Defines a fixed quantity increment for subsequent grid orders.
Multiplier 2 Defines the multiplier used to calculate the quantity of subsequent grid orders.
Fibonacci start 1 Specifies the starting value for the Fibonacci sequence.

Hot keys

With the panel open and the chart in focus:

Key Action
Space Plan the grid
Enter Send - plans and sends at once if there is no plan
↑ / ↓ Move the planned grid by a tick
+ / − Wider / narrower spacing
Esc Cancel - the plan and the sent grid's orders
Shift+Esc Close - flatten the instrument (position and working orders)

Spacing and quantity

Type Spacing between orders / quantity of each
Fixed the same each time
Linear grows by Step each time
Exponential multiplied by Multiplier each time
Fibonacci follows the Fibonacci sequence from Fibonacci start

Good to know

  • With Use recalculation grid base price, a working grid follows its price source every N bars, keeping its spacing.
  • A sent grid is remembered: after F5, a chart reload or a restart it is found again on the account.
  • Each side can use its own ATM template.

Version history

v.2.0.2.0 - October 2026

  • Added: Esc / Shift+Esc to cancel / close; Enter sends without a plan; Sell above Buy on the panel.
  • Fixed: a sent grid keeps its spacing after a reload; the panel keeps its sources.
Earlier versions

v.2.0.0.0 - October 2026

  • New: panel with direction and per-side price sources (any indicator line), hot keys, ATM per side, grid restored after a reload.