This EA is a scalper with Grid. It works well on an ECN account.
Unlike the other grid based EAs, our EA doesn't follow a win or blow strategy.
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 $500 ECN or Raw account and the profit will be 40-50% a month.
Please refer our live signal for profitability and draw-down analysis.
These are advised pairs to use on 5m charts. The gold is best pair, so if you want to use one single pair, I will advise to use the Gold.
The EA cant be back-tested as the profitability or loss is calculated based on all the pair trades. So a single pair back-test cant demonstrate the result of overall EA.
This is can be also used with a $300 ECN account without risk of blowing. Just don't use the XAUUSD pair with a $300 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
-Constant profitable trades with very low DD
-Separate Pip Distances for Gold and other pairs
-The default settings are the best