Metatrader Expert Advisors based on FOREX Grid Strategy
Forex grid strategy is a forex strategy that operates with two or more orders simultaneously instead of a single order. When we catch a trend, why not add positions that follow it? These reasonable additions can result in insignificant decreases of your earnings with a greater possibility of considerable increase to your deposits. One of the most frequently used systems that can hold two or more positions simultaneously is forex grid system. Basically, forex grid systems are non-indicator systems based on placing an order level at some distance from the market on each side. I want to note that profitable forex grid strategy is rare because it is quite difficult to find the right balance between profits and stop level (distance between adjacent orders).
NEW! MetaTrader Expert Advisor "ELDORADO" V1.3
iticsoftware.com expert advisor rating:
Recommended Currencies: CHFJPY, EURCHF
Timeframe:Any
Using Indicators: No
Trading Time:Round-the-clock
Risk: Medium
Minimum Deposit: $5000 ($500 with Lot =0.01 )
Recommended Deposit: $20000 ($2000 with Lot=0.01)
Orders Type: BUYLIMIT and SELLLIMIT pending orders
Money Management: Stop Loss and Take Profit, closing by profit, closing at time
Metatrader expert advisor Customization: possible upon the request
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IN THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY COUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
