Using an aggregate strategic analysis, it identifies important levels of consolidation. Trades are opened only in the zone of these levels. Estimating the likely price movement within these levels deals with the greatest potential open. Flexible settings regulate stop loss and take profit. Based on the trading results, the presence of grid tracking of orders makes the adviser algorithm more efficient. Averaging levels (order grid levels) specifically coincide with neighboring levels of consolidation.
Recommendations for aggressive trading
Aggressiveness of trading is adjusted by the lot multiplier for subsequent grid orders. This method of averaging is far from classical. The difference lies in the choice of zones for opening orders. There are examples of quick doubling of a deposit. A set for such a trade will be attached. This is an aggressive trade. Therefore, the recommendation for the use of such a set will be to withdraw half of the funds after doubling the deposit !!!! Be sure to follow this recommendation! The default setting increases the risks, but by changing the settings you take on additional risks. In this case, you can reduce the risk by lowering the lot. In the description below you will see examples of doubling deposits.
Conservative Trading Recommendations
If you need more calm settings (conservative), there are sets for these purposes. Risk reduction is achieved by lowering the lot of the second and other grid orders. Very often, orders do not reach the second grid order at all. This explains the possibility of aggressive trading. The proposed sets are only examples. You yourself can find more suitable ones by optimizing this EA for each individual pair and timeframe.
- Minimum account balance of 1000$ or equivalent cent account(10$).
- Work Best on USDJPY, NZDCHF, EURNZD, EURUSD.
- Work Best on M5 Timeframe (any Timeframe)
- To reach stable results, This Best Forex Grid EA should work 24/7 on VPS. So we Recommend running this free forex EA on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
- Low Spread ECN account is also recommended (Find the Perfect Broker For You Here)
Free Download BestGrid EA
- Read More Hamster Scalping – [Cost $99]- For FREE