Current Price: $349 --> (Next price $459)
Live signal: https://www.mql5.com/en/signals/1590997
Fish n Grid – an automatic trading robot that works on multiple currencies. It takes advantage of the market's mean reversion characteristic with a calculated, dynamic, multicurrency grid system.
Main features:
- Fully automatic
- Easy one chart setup
- Multicurrency grid profolio
- Basically trading everyday
- Calculated parameters for each currency
- Dynamic stoploss in case of extreme market conditions
- Manual control possible
Requirements:
- Hedging account
- Low spread raw ECN broker
- Minimum recommended deposit: 3000 USD
Recommended Set:
- Easy one chart setup
- Recommended pairs: AUDCAD, AUDCHF, AUDJPY, AUDUSD, CADCHF, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPCHF, GBPNZD, GBPUSD, NZDCAD, NZDCHF, USDCAD, USDCHF
- Higher risk pairs: AUDNZD, USDCAD
How to set up:
- Download the EA on your MT4 terminal
- Open a chart of EURUSD H1 timeframe
- Drag the EA onto the chart and the default set file will be loaded
- Click the Multicurrency_Switch to "true"
- Pick the currency pairs that you want to run
- Choose your own lotsize settings at First_Order_Lot_Size and prepare the required deposit
- Change the Stoploss_In_Dollar setting according to your initial lotsize and your risk level preference
- For example: if you want 0.01lot as your startlot, then you need 3000USD minimum deposit and your Stoploss_In_Dollar is 3000USD
- Allow autotrading and start trading
Optional settings:
- Multiple chart set up:
- In case you don't want to do one chart set up, you can click the Multicurrency_Switch to "false", and drag the EA to each respective chart you want it to run
- Manual takeprofit/stoploss:
- The EA itself has its own preset TP/SL mechanism, but in case of extreme circumstances/your own personal judgement, you can freely close the entire chain of grid of the same currency for good profit and to avoid drawdown. It won't affect the EA's proper functions.
- Prefix/Suffix for symbols:
- Some brokers have prefix/suffix for their currency symbols. Prefix/suffix detection can be enabled in the settings page of the EA.
Backtest results:
- See the zipped folders below for backtest results
- Backtest result is based on historical data which does not guarantee future performance and profit
- Trade with an amount and a risk level you feel comfortable with
- Start with a demo account to understand the EA mechanism first
- A good ECN broker with low spread and a stable VPS are essential. Message me if you don't have one
Trade safe!
Files:
FishnGrid_Backtests.zip
972 kb
