Grid Hero War Pad is a GRAPHICAL MANUAL TRADER version of the original Grid Hero EA, designed and created for ADVANCED TRADERS who are experienced in plotting their own market entries.
It is coded using ADVANCED GRAPHICAL INTERFACE programming, that combines the power of discretionary trading with Grid Hero algorithm in the form of a graphical console with button-click easy execution.
It allows you to execute trades manually using Market Orders and Pending Orders, and then automatically uses the original Grid Hero averaging algorithm to follow up with your manual entry according to your own rules and how you want it to.
Basically you are in full control this time as it takes trading decisions from you as you decides when and where to enter the market, and it lets you set your own risk, make your own rules, and take your own exits. You call the shots, your game, your rules, your call.
As such it is important to set the right expectation when using this product because ultimately the trading success from using this tool SOLELY DEPENDS ON YOU, your trading decisions and how you set up your entries & rules according to your own trading vision.
Hi Dave,
thanks for this excellent tool I was missing in my trading arsenal.
If one carefully read your recommandations and does not expect a "holy grail" it is perfect.
Although I am more than 30 years in the market and tried a lot I am 100% happy with this tool and your support.
Honestly spoken, its a must for every serious trader !
I have to say I am quite underwhelmed by Grid Hero War Pad :(((( I will come back and update this review if things change, but for now I would not recommend a tool like this at this particular price. You can find other EAs/tools/utilities in the MQL marketplace that do practically the same for a fraction of this price. If you already have Grid Hero...this is not really a significant step forward, in fact, in some areas, you have even less (post-entry) functionality....:(((
Things I don't like so far:
* In difference to Grid Hero, with this one you have NO IDEA when your grids are going to close! The "Pips needed to close grid" display is gone! If you use 1 grid, it's fine, but when using multiple instances all with different entry points, steps, lot sizing...it is a true NIGHTMARE!
* There is no "RE-ENTRY" setting like Grid Hero has :((((....or just about every other trading tool/utility in the market. So you have to come back to it and place trades again...and again...and again...and again...every time. If you were thinking of saving time with this tool...think about this....
* You cannot modify the color schemes of the main interface (borders, background, font color, etc.). This is not a critical element, but when using multiple instances it gets very confusing, and....once again, for ~ 400 bucks I would have expected an interface that was a lot more customizable.
**I WILL KEEP ON UPDATING THIS REVIEW**
War Pad makes manual trading enjoyable again. You need to choose wise entry points, and start with a small initial lot (0.01) until you are consistently choosing great entries. Ironically though, it is when your entry is not perfect that you make more money as the basket lot size increases. A great tool, but make sure you are not trading against a very strong trend. Great author too, he rewrote the code to suit my 4K laptop display. A must buy for experienced traders. Its like trading with insurance. 5 Stars.
If I could program, I would make a similar product!)) Everything I needed in my trading is collected in this tool! Thanks Dave!
Hi Dave,
This is an excellent trading tool. I enjoy it a lot using it !
The response from the author is quick and very helpful. Thanks!!