Everything you need to know about running Kiwi & Roo — drawdown, risk, setup, brokers, and the mechanics under the hood. No hype. No evasion.
Kiwi & Roo is a mean-reversion grid Expert Advisor for AUDCAD and NZDCAD on M15. If you're evaluating it, comparing it to other EAs, or already running it and want clarity — this page answers the most common questions.
➡️ View the product page on MQL5 Market | Live verified signal
— RISK & DRAWDOWN —
Q1: Will this blow my account?
Any grid EA can cause significant losses if used incorrectly — and anyone who tells you otherwise is lying. What Kiwi & Roo does differently is stack multiple exposure controls into one system rather than relying on a single safety mechanism.
Here's what's running under the hood to manage risk:
🔹 Decaying lot multiplier — starts at 1.5×, drops to 1.2× after level 4, goes completely flat (1.0×) after level 8. The rate of exposure growth slows as the grid deepens.
🔹 Hard cap at 12 grid levels — the grid cannot expand beyond this. No exceptions.
🔹 Smart Grid Liquidation — automatically closes the oldest orders at deep grid levels to free margin and reduce open exposure.
🔹 Rolling Partial Take Profit — closes the most profitable orders first during recovery instead of waiting for the full grid target.
🔹 Retracement-based exit — monitors price retracement from the grid's peak floating loss and can close the entire grid early if enough recovery is detected.
These mechanisms don't eliminate risk — they limit how fast exposure grows and give the EA multiple exit paths before the worst case. Follow the recommended minimum deposit ($1,000 per pair), use 1:200+ leverage on an ECN account, and always test on demo first.
⚠️ Bottom line: This is still a grid strategy. It holds multiple open positions simultaneously, and large one-directional moves against the grid will cause drawdown. The built-in controls manage this risk — they don't remove it.
Q2: What drawdown should I expect?
There is no honest fixed number anyone can give you. Drawdown depends on market conditions, and anyone quoting a guaranteed percentage is guessing.
What you can evaluate:
AUDCAD and NZDCAD are historically range-bound pairs with lower daily volatility than majors like GBPUSD or XAUUSD. That's precisely why they were selected — mean-reversion strategies need pairs that revert, and these two have strong structural reasons to do so (correlated commodity-linked economies trading against CAD).
The EA also has built-in filters that reduce entries during dangerous conditions:
🔹 A volatility filter pauses new grid entries when short-term volatility spikes above a defined threshold.
🔹 A gap filter blocks entries after abnormally large bar openings.
🔹 A holiday filter suspends trading during the Christmas / New Year low-liquidity period.
During normal mean-reversion cycles, the grid opens, recovers, and closes. During extended one-directional moves, drawdown increases — but the tiered lot sizing, grid cap, and liquidation features limit how far that compounds.
👉 Best evidence: Check the live verified signal for real performance data — not hypothetical numbers.
Q3: Is this a martingale EA?
It uses a grid with increasing lot sizes — so in the broadest definition, yes. But calling it "a martingale" is like calling a controlled descent "a freefall." Technically adjacent, practically very different.
Here's what's actually happening versus a standard martingale:
| Feature | Standard Martingale | Kiwi & Roo |
| Multiplier | Fixed 2× doubling every level | Starts 1.5×, decays to 1.2×, goes flat at 1.0× |
| Grid spacing | Fixed or narrow | Widens at each level (1.2× growth factor) |
| Grid cap | Often uncapped | Hard-capped at 12 levels |
| Deep-level management | None — keeps adding | Oldest orders liquidated at depth to free margin |
| Entry logic | Blind averaging into price | Signal-based (fair-value deviation from LWMA band) |
| Exit logic | Single fixed TP target | Dynamic TP + retracement close + rolling partial TP |
Think of it as a controlled, decaying grid — not an exponential one. The exposure curve flattens instead of compounding.
— SETUP & CONFIGURATION —
Q4: Can I use other pairs?
The EA is optimized and default-configured for AUDCAD and NZDCAD on M15. These pairs were chosen specifically because they exhibit strong mean-reversion characteristics and moderate volatility — which is what a grid-based mean-reversion strategy needs to perform well.
Running it on other pairs is technically possible. But the internal parameters — signal period, volatility thresholds, grid spacing growth, and TP calculations — are all calibrated for these two instruments.
⚠️ Warning: Using this on trending or high-volatility pairs (like GBPJPY or XAUUSD) would significantly increase risk. Stick with the recommended pairs unless you are experienced enough to re-optimize and backtest thoroughly on your own.
Q5: Do I need a VPS?
Strongly recommended.
The EA evaluates signals at every M15 bar close and manages active grids with rolling partial take profit, liquidation logic, and retracement-based exits. If your terminal is offline when the EA needs to act — especially during a deep grid — you miss the exit window.
A VPS keeps the EA running 24/5 without interruption. MQL5 offers VPS hosting directly from the MetaTrader platform, or you can use any low-latency provider located near your broker's data center.
🔹 Safety net: The EA does include grid state recovery — if your terminal restarts, it rebuilds the grid from existing open orders and resumes management. But relying on recovery instead of continuous uptime is not ideal for a grid strategy managing live positions.
Q6: What broker should I use?
An ECN or raw-spread account is recommended. Lower spreads directly improve grid performance because the EA opens and closes multiple orders per cycle — every fraction of a pip in spread cost adds up across the full grid.
| Recommended brokers | IC Markets (Raw Spread) · Pepperstone (Razor) |
| Key requirements | Low spreads on AUDCAD/NZDCAD · fast execution · 1:200+ leverage |
| Account type | ECN / Raw Spread (not Standard) |
Avoid high-spread standard accounts — the additional cost per trade directly reduces grid profitability and increases the distance price needs to travel for the TP to hit.
Q7: Can I run both pairs on one account?
Yes. The EA runs long and short grids independently per pair and uses a magic number to keep orders separated.
Attach the EA to two separate M15 charts — one for AUDCAD, one for NZDCAD — with different magic numbers, and it will manage four independent grids (long + short per pair) without conflicts.
| Minimum deposit | $2,000 for both pairs ($1,000 per pair) |
| Charts needed | 2 × M15 (one per pair) |
| Magic numbers | Must be different per chart instance |
Q8: What settings do I need to change?
None, for the recommended setup. Default settings are pre-configured for AUDCAD and NZDCAD on M15. Attach the EA to the chart and it runs.
The only inputs you might adjust:
| BaseLot | Default 0.01 — adjust if your account size supports a different starting lot |
| MagicNumber | Default 6395 — change when running multiple instances on the same account |
| SmartLiquidation | Default Conservative — can be set to Aggressive or Disable |
| UsePartialTP | Default enabled — can be toggled off if you prefer full-grid-only exits |
All signal, grid spacing, lot multiplier, and exit parameters are fixed internally and pre-optimized. You don't need to touch them.
— UNDER THE HOOD —
Q9: What if my terminal crashes mid-grid?
The EA includes grid state recovery. On restart, it scans all open orders for the current symbol and magic number, rebuilds the grid level, recalculates the weighted average entry price, determines the next grid entry level, and resumes management from where it left off.
It also runs a sync check on every new bar to detect if orders were manually closed or removed externally, and automatically rebuilds state if the expected and actual order counts don't match.
That said — a VPS is still the better solution. Recovery handles the edge case; continuous uptime prevents it.
Q10: How does the lot sizing actually work?
The EA uses a three-zone tiered system instead of a fixed multiplier:
| Levels 0–3 | Full multiplier — 1.5× per level |
| Levels 4–7 | Decay zone — multiplier drops to 1.2× per level |
| Levels 8–11 | Flat zone — 1.0× (lot size stops growing entirely) |
For example, with a 0.01 BaseLot, the progression looks like this:
0.01 → 0.02 → 0.02 → 0.03 → 0.05 → 0.06 → 0.07 → 0.08 → 0.08 → 0.08 → 0.08 → 0.08
Compare that to a standard 1.5× martingale, which would reach 0.86 lots by level 11.
The tiered approach keeps total exposure dramatically lower. This is the single most important risk-engineering feature in the EA — the exposure curve flattens instead of compounding.
Q11: What are the entry filters doing?
Three independent filters must all pass before any new entry is placed:
🔹 Volatility filter — Calculates a blended volatility measure (70% short-term exponential, 30% long-term average) and blocks entries when daily percentage volatility exceeds the defined threshold. This prevents the EA from opening new grids during unusually volatile conditions where mean-reversion is less reliable.
🔹 Gap filter — Blocks entries when the gap between bar open and previous close exceeds 20 pips (adjustable via GapFilterPips). Protects against entering on illiquid gaps that distort the fair-value signal.
🔹 Holiday filter — Suspends all new entries from December 24 through January 7. Low-liquidity holiday periods produce unreliable price action and wider spreads.
All three filters operate at the entry level only — they don't interfere with grid management or exits once positions are open.
— PRICING & PURCHASE —
Q12: Why is the price increasing?
The price goes up by $100 every 10 purchases. This is a publicly visible counter on MQL5 — you can see the current price on the product page at any time.
Early buyers get the best price. Once the next batch sells, the price moves up and it doesn't come back down. This is a straightforward pricing ladder tied to real purchase count.
There is also a monthly rental option if you want to test the EA on a live account before committing to a full purchase.
👉 Check the product page for the latest price and purchase count.
— READY TO SEE IT RUN? —
Download the free demo on MQL5 and backtest it yourself. Or check the live verified signal for real account performance — no hypothetical numbers.
🔹 View Kiwi & Roo on MQL5 Market →
Disclaimer: This Expert Advisor uses a grid strategy. Grid trading involves holding multiple open positions simultaneously, which increases exposure during adverse market moves. Past performance does not guarantee future results. Test on a demo account before using on a live account. Trading involves risk of loss.
