Matrix Grid Trading CE
This is the second product (after too risky Multi Matrix Grid Trading), an automatic trading system or in other words trading robot that will automatically trade on forex. Trading strategy of this expert advisor based on real trend data, using grid technique and another little trick allows to achieve a 70%+ profitable trades.
The robot can trade on EURUSD, GBPUSD, USDJPY, AUDUSD, USDCAD, USDCHF and NZDUSD.
A lot of additional information about this expert advisor you may read on ForexFactory.
Description of settings for current version 1.3
Used to determine the local trend (extremum) in pips. 10 is recommended value, if you want more trades - decrease this value.
Takeprofit in pips.
Lot size per one trade.
Multiplier of a lot size for second and more orders. Recommended 1.0. Increasing this parameter increases the risk, but also increases profits.
Multiplier of a lot size for second and more orders ONLY when trend changes against our trading direction. Recommended 1.0. Increasing this parameter increases the risk, but also increases profits.
Automatic calculation of step for placing second and more orders.
Automatic calculation of step for placing first order.
Step in pips to place new orders. If AutoStep is set to true, then this setting value will be ignored.
EA will open new trades only when trend reaches the specified strength or higher value.
If set "true" then EA will update trend data each hour. If set "false" then EA will update trend data every ~5 min.
This value for those who wants to run several EA copies in one pair. Do not change this value if you don't know how to use it.
StartHour & StopHour
(new in ver. 1.3)
EA will open new orders only in the specified time interval. To turn off time control, set both values to 0