Mi New Line 2
MFOREX.PRO 9-pair grid EA · MT4
About Mi New Line 2
Mi New Line 2 is the bigger sibling in MFOREX.PRO's grid family (source v1.00, bilingual RU/EN). It widens the basket to 9 pairs: the 7 majors from Mi New Line 1 plus EURJPY (110-pip step) and GBPJPY (150-pip step). Grid logic is the same — averaging baskets with a shared profit close (ProfitPips 25, MinPips 30, PipsStep 30), risk-based sizing at 1% default, 03:00-23:00 trading window, up to 100 orders.
Honest risk note from the code: default StopLossProcent = 0 — no stop loss, and the panel tracks "Grid in Profit / Grid to Loss". Adding two volatile JPY crosses widens both opportunity and correlation risk: JPY pairs often move together, so a yen trend can hit several grids at once. Strictly a demo-research EA until you have your own verified forward results.
- Platform: MetaTrader 4 (source reviewed)
- Developer: MFOREX.PRO (from code header)
- Strategy: 9-pair grid/averaging basket (7 majors + EURJPY, GBPJPY)
- Key Settings: Risk 1%, PipsStep 30, MinPips 30, ProfitPips 25, MaxOrders 100, hours 3-23
- Stop Loss: None by default (StopLossProcent = 0)
- Source: mforex.pro · developer site (from code header)