Forex grid master free download
It can appear complex and illogical initially and requires a very good understanding of equity, leverage and exposure. Grid trading is a highly profitable and mechanical forex grid master free download strategy which has no reliance on direction, profits from volatility and uses the intrinsic wavy nature of the market.
It requires no market timing or complicated analysis, but rather, the ability to forecast where the market won’t go in the long term and a good understanding of equity, exposure and leverage. Boost your trading activity with the most flexible and efficient Grid Trading EA available, just like our customers have already done. Grid trading has become very popular amongst traders because it does not use stops, is highly mechanical, has no reliance on direction, uses the intrinsic wavy nature of the market, does not require indicators or charts to trade and can be easily automated. Grid trading refers to the trading approach which uses fixed price levels to enter and exit trades. On the bright side, a grid trading strategy can profit from the same absolute market movement several times and can even make money if the market is moving against your grid. On the downside it can appear complex and illogical initially, it can incur large drawdowns if poorly managed, requires more patience than normal and may require forex traders to make a huge paradigm shift it their thinking.
Once a grid has been allocated, the system will cash-in profits every time the market moves the desired spacing and replace the trade as soon as possible to repeat the process. Hence, the expert advisor can cash-in the same price movement several times, capturing up to four or five times more profits than a single trade with the same exposure. Anatomy of a trading grid A grid is nothing more than a single deal or position segmented into several trades, which are cashed out independently from each other at regular intervals. This allows us to profit several times from the same absolute price movement. Grid Size The grid size is the amount of trades the grid can allocate.
A grid has normally between 10 and 25 orders. Open-ended grids should not be used, as the total market exposure cannot be controlled. Grid Spacing The spacing is the gap in pips between trades of the grid. Such trades are generally spaced at 20-200 pip intervals.
Big intervals are stable, can cover wide price ranges and are the best choice for live trading. How to set up a grid Grid trading is much more profitable and safe if grids are allocated and configured manually by a responsible trader. To set up a grid, just follow the next steps. Load the EA to the chart You will notice that, by default, the EA does not trade. Choose a trading direction If you think the market is going up or is close to a support level, you can start a Long grid. Likewise, if you think the market is going down or is close to a resistance level, you can start a Short grid. If no trend is present, you might want to start a bidirectional grid.