Forex Zone - Forex Forum

M grid ea

Discussion started on MT4 / MT5 EAs

VIP
  • Hero Member
  • Posts: 1403
  • Points: 2912
  • Likes Received: 319
  • Reputation: +15/-5
Here is a very good ea. It uses grids that can be adjusted. It works by placing an equal set of grids around the starting point. The price will eventually move in a direction. The only drawdown is if the price is stuck in a range and you run out of equity. Thats why its very important to use small lot sizes. This ea will will never loose as long as you have enough free margin in your account. I recommend using a grid size of at least 200 points(20 pips).Use small lot sizes. Use it on a broker that allows hedging and also high leverage. Please share your comments and results on this forum.

Linkback: https://www.forex.zone/mt4-mt5-eas/7/m-grid-ea/43/
#1 - June 11, 2018, 09:50:36 PM
Attachments:

Administrator
  • Hero Member
  • Posts: 4796
  • Points: 34698
  • Likes Received: 4893
  • Reputation: +220/-14
Do you have any results from either your own live/demo trading or from back testing?
#2 - June 12, 2018, 01:28:25 PM

VIP
  • Hero Member
  • Posts: 1403
  • Points: 2912
  • Likes Received: 319
  • Reputation: +15/-5
I have tested on a demo for months straight. This ea will make profits consistently as long as you have enough equity. I don't have any records of results. I just wanted to share a good EA so that others can do there own testing.
#3 - June 12, 2018, 01:44:46 PM

Members:

0 Members and 1 Guest are viewing this topic.