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Hedging Grid Monster
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No Live Signal Yet Only because I live in the USA that does not allow Hedging.
DO NOT RUN THIS EA ALONGSIDE ANY OTHER EAs IN YOUR ACCOUNT.
DESIGNED TO RUN BY ITSELF BECAUSE IT USES EQUITY TO CLOSE TRADES.
Designed for Brokers that Allow Hedging Only.
This EA will open a BUY and a SELL and open more Buys and Sells until you are in profit.
OPTIMIZE THE 4 SETTINGS in INCREMENTS of 20 for Grid Distance up to 200 Pips and increments of 5 up to 50 for Equity SL for the currency pair of your choice.
If you change the lot size you will need to scale up the Equity SL and Equity TP.
Contact me for Assistance. It is very easy.
- It has 4 Main Settings that allow you to optimize it for just about any pair very quickly.
- The Lot Size, Grid Distance, Equity SL & TP Flip Grids are the 4 settings to optimize.
- Default is set to EURUSD but you can change that by typing in whatever symbol you like.
- You can add additional pairs but make sure to optimize the 4 settings and run back tests before live trading.
- Although it can trade over 20 pairs at once it is not recommended because of heavy drawdown. I would run a max of maybe 4 or 5 pairs but always optimize first.
- Optimize with strategy tester with your initial starting Account Balance before running live to make sure it works on your account size.
- Has a manual trading option where you can click open trade on chart to open one at a time when you feel its a good time to trade.
- Default will open trades every day and work very very well automated but you may want to turn on manual trading to have more control over your trading.
- New Max Grids to Limit Amount of Grids Open
- Set EURUSD as the only Pair Trading but you can add more pairs separated by comma