BrainStormAi is an Expert designed for people looking for a high frequency 3 stage grid trader.
As a multicurrency program designed for MT4 it can not be effectively back tested.
Forward testing over many months demonstrates steady profits with a modest draw down.
Using 5,000 units of Base Currency with a StartLot size of 0.10 the suggested annualised return on account balance should be more than 200%.
7 individual currency zones are examined in order to create a trading pair to place on the chart.
The EA detects contrary currency flows, matching rising and falling currencies in the direction of the flow (Always with the trend).
Lot sizing is adjusted by the EA based on the StartLots set by the user in EA inputs and the result of previous trades.
A SL of 1000 pips and TP of 1000 are placed with each position for safety, but dynamic SL and TP are used when the EA is managing the trade.
The EA can be placed on any chart Symbol with any timeframe. The user is only required to enter the magic number, StartLot size and max spread.
This should produce winners more consistently.
Modified increment steps for a more gradual increase.
Increased trade frequency by using H1 instead of H4 timeframe.
Also made further enhancements to try and improve pair selection.
The grid has been retained but only fixed lots are used.
A much more sophisticated trend following algorithm is used to determine trade entry and exit.
V30 will open only two grid steps at any one time, and be very careful with the second one.