Description

VelociRaptor Grid EA MT4 NoDLL

Overview

The VelociRaptor Grid EA is a multicurrency expert advisor based on a modified version of the Martingale system. It also incorporates an additional function of using averaging. Here are the essential points:

1. Strategy: The EA builds a grid of orders, opening new positions if a drawdown appears on the previous one. It continues this process until all positions are closed simultaneously in profit or at breakeven.
2. Risk Management: Unlike traditional systems, VelociRaptor Grid does not use a Stop Loss. Instead, it dynamically adjusts its grid based on market conditions.
3. Currency Pairs: The EA can be applied to various currency pairs.

Key Parameters

• Minimum Deposit: While there is no fixed minimum deposit, it’s advisable to start with a reasonable amount to manage risk effectively. A deposit of $500 or more is recommended.
• Timeframe: VelociRaptor Grid operates on the H1 (1-hour) timeframe.
• Currency Pairs: Consider using the following currency pairs:
  • EUR/USD
  • GBP/USD
  • USD/JPY
  • AUD/USD
  • USD/CAD

How VelociRaptor Grid Takes Trades

1. Grid Formation: The EA establishes a grid of orders at the opening of each new candle.
2. Dynamic Grid: Unlike fixed grid steps, VelociRaptor Grid calculates the distance to the previous order. If the distance exceeds a specified threshold, it opens a new position.
3. Averaging: If a drawdown occurs, the EA averages into new positions, aiming to recover and close all positions profitably.

How to Get Started

1. Download and Installation:
   • Download the VelociRaptor Grid EA MT4 NoDLL from the provided link. https://yoforex.org/product/velociraptor-grid-ea-mt4-nodll/
   • Visit our website https://www.yoforex.org/ for additional resources and insights.Contact:  @yoforexpremium

 

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