Market / MetaTrader 5 / Experts /

Bawaba Grid Scalping

450 USD

Demo downloaded: 132

Published: 11 November 2022

Current version: 1.20

Bawaba Grid Scalping

Experts
Zaky Hamdoun
Version: 1.20
Updated: 24 February 2023
Activations: 20

Introduction and Description

Bawaba, from the Arabic word for "Grid", is a grid-based scalping robot for FOREX currency pairs. It has adjustable stoploss and takeprofits, as well as the possibility of having a fixed volume or adapting to the account balance. Grid scalping is when a grid of orders is created by increasing and decreasing prices incrementally above and below a set price.

Below is a list of the different characteristics of the expert advisor:

No Martingale.
Grid scalping and trading.
Stoploss and Takeprofit.
Trailing stoploss available.
Multicurrency trading compatible.
Dynamic and Fixed lots.

The traded account should be in accordance with the following requirements:

Maximum Spread of 10 on the traded pairs. (The more the spread, the lesser the profits). Spread can be variable.
The broker has to allow grid trading, which most of brokers do not allow.
Minimum balance of 2000 USD.

EURUSD M5 shows the best backtest results.

The EA only trades on the timeframe H1, which is forced even if the chart is not in H1.

Each EA settings can be explained via DM, buyer might also receive PDF explaining settings if needed.

Results

The EA has been tested on 100% accuracy previous data (provided by DUKASCOPY and country's central bank). You may find all results on the screenshots.

Additional information and Contact

An expert advisor configuration file can also be created on demand after buying the product. Default inputs are suggested. Please ask via DM for explanation PDF.

Any contact can be made using MQL Market DMs. Commercial partnerships as well.

Account management services are also available.

Bawaba is only sold on the MQL5 market. Any reproduction or claim to be selling it elsewhere is fake and illegal.

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988059 2022.11.29 23:24 #

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700 USD

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988059 2022.11.29 23:24 #

Very consistent EA with reliable returns.

Version 1.20 2023.02.24

UPDATE 1.2:

-|- BUG FIXES.

Version 1.1 2022.12.15

UPDATE 1.1:

-|- BUG FIXES:

-> Repaired fixed lots setting which was not working.

-|- RISK MANAGEMENT AND PROP FIRMS:

-> Added daily loss and overall loss limits for risk management help.