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This EA is a scalper with Grid. It works well on an ECN account.
In this EA, the trade opens at a precise level and the grid closes with a proper exit signal or stop-loss whatever hits first, it doesn't matter there is profit or loss. That is the key factor of low DD and consistent small profits.
It is advised to use the EA with 0.01 lot size on a $200 ECN or Raw account and the profit will be 40-50% a month.Unlike the other grid based EAs, our EA doesn't follow a win or blow strategy.
These are advised pairs to use on 5m charts.
This is can be also used with a $200 ECN account without risk of blowing. Just don't use the XAUUSD pair with a $200 ECN account. To use the Gold, the account balance should be minimum $500.
Please dont use this EA on cent account as spreads of cent account is not good for this EA.
For any further clarifications, please contact me. I am also available on Telegram for one to one chat: T.me/KingfisherFx