ROBOTFX.ORG Grid EA

This grid expert advisor for MetaTrader might be better than the other grid expert advisors for MT4, depending on traders’ needs. 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, many traders make the mistake to 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 grid expert advisor has a lotsize multiplier that can be set to a value smaller than 1, and so allowing the EA to decrease the lotsize of the grid trades, trading the same amount or even increase it.

Try RobotFX [forex trading tools] at https://www.robotfx.org/p/grid.html