ForexRider Grid for News
This EA creates a GRID of ORDERS for taking the maximum advantage of explosion of price when News make market volatile.
The graphical panel makes interaction with the EA easier. With this EA, it is very easy to enter the market when the price becomes explosive and News move a lot of pips up or down!
Grid trading is a play on market volatility. There are two reasons why it is favored by Forex traders:
- The first is that it does not “require” you to have a definitive prediction on the market direction.
- The second is that it works well in volatile markets, where there is not a clear trend – these conditions are very common in the currency markets.
* Added lots with martingale and anti-martingale system
* Added closing half-size orders at a certain price
* Added closing all orders at a certain price
* The panel works faster and with less latency
* Other optimization
- Works on All Pairs.
order 1 - price 1.0000 - TP 1.0010
order 2 - price 1.0010 - TP 1.0020
order 3 - price 1.0020 - TP 1.0030
order 4 - price 1.0030 - TP 1.0040
- Modified interface
- Added start distance from news
More coming soon.
The Grid trading strategy takes advantage of the price movements of more volatile currency pairs expecialy under NEWS.
Auto BrekEven Point, Move StopLoss at BE after price reach the next Grid Level.
Sorry, this EA use a Graphical Panel for Options and Start Trade. Is not usable in Testing Environment.