🔍 From subscriber‼️
🤖 EA name: MT4 Forex Grid EA Free
📦 Version: –
💻 Platform: MT4
🛠Vendor/Source: –
📈 Strategy: Order grid
⏰ Timeframe: H1
🌍 Currency pairs: AUDUSD, EURUSD, EURGBP, USDCAD, USDJPY, USDCHF and other
🌓 Trading time: Around the clock
⚠️ Attention: Before using on a real account, be sure to test and check on a demo account.
📊 Monitorings found: –
🔬Monitoring by ea_forexlab: –
⏳ Test period: 2018.01.07 – 2023.08.23
🏛 Tick Data Provider: Dukascopy (TDSv2)
🧭 GMT: +2; DST: US
Real spread: ✅
Slippage: ❌
In order to download an adviser with tests, go to our telegram channel 👇
Description of the work of a forex advisor
Best MT4 Forex Grid EA is a fully automated EA. This EA Work is based on a 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.
Aggressiveness of trading is adjusted by the lot multiplier for subsequent grid orders MT4 Forex Grid EA. 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.
If you need more calm settings (conservative), there are sets for these purposes MT4 Forex Grid EA. 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 Best MT4 Forex Grid EA for each individual pair and timeframe.
Conclusions on the trading advisor
The Best MT4 Forex Grid EA is a fully automated trading tool. This EA utilizes an aggregate strategic analysis to identify crucial consolidation levels in the market, opening trades exclusively within these zones. It assesses potential price movements within these levels, with adjustable settings for stop loss and take profit. The presence of grid order tracking enhances the EA’s efficiency based on trading results. The unique feature here is the choice of zones for opening orders, which can lead to rapid doubling of a deposit. It’s important to exercise caution with this aggressive approach and consider withdrawing funds after doubling the deposit. If you prefer a more conservative strategy, sets with reduced risk settings are available, achieved by lowering the lot size for subsequent grid orders. The provided sets serve as examples, and traders can optimize the EA for specific currency pairs and timeframes to suit their preferences and risk tolerance.