EA Grid MT4

Description

EA Grid MT4: A Scalping Strategy

Overview

The EA Grid MT4 is an expert advisor (EA) designed for the MetaTrader 4 platform. It implements a grid scalping strategy, which aims to profit from market volatility. Below are the key details:

• Minimum Deposit: $500
• Timeframe: M5-H1
• Currency Pairs: EURUSD, GBPUSD

 

Strategy Details

1. Grid Trading Approach:
   • The EA operates using a grid-based approach, where it places multiple pending orders (buy and sell) at fixed intervals (grid levels) above and below the current price.
   • As the market fluctuates, the EA opens new positions, creating a grid pattern.
2. Market Orders:
   • All orders are executed as market orders, meaning they are filled at the prevailing market price.
   • The EA does not wait for specific price levels; it actively participates in the market.
3. Trailing Stop:
   • The trailing stop is handled by the EA.
   • As the price moves in favor of a position, the EA adjusts the stop loss level to lock in profits.

 

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Additional Resources 

Instant Download: https://yoforex.org/product/ea-grid-mt4/

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🔔😎Happy Trading😎🔔