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Showing posts with the label forex grid

Grid Expert Advisor

The main purpose of the Grid-X expert advisor is to trade in a grid manner, meaning to open more than one trade. The difference, compared to other grid expert advisors, is that the RobotFX Grid expert advisor can also open its trades based on the price action. Even more, if the price reverses, the EA can hedge by placing opposite pending orders at a given distance, with higher, lower or equal lotsize than the initial trades. So, depending on the trader’s needs, this grid expert advisor might be better than all the others.
The RobotFX Grid X was designed not only to open a determined set of grid trades, following the classic forex grid trading strategy, but also to detect the trend, the trade entries and to hedge. While trading with the grid, traders often increase the lotsize, hoping that the price will continue to go in their direction. However, most of the times the price reverses, therefore transforming a possible winning trade into a few losing trades. To prevent this, our forex g…