This Grid Robot is an automated Multi-Currency EA designed to operate across various currency pairs within the Forex market. It uses a grid trading strategy that aims to exploit the market’s tendency toward mean reversion. The robot is equipped to manage multiple trades across different instruments simultaneously, with features that allow for both automated and manual intervention.
The primary function of the Multi-Currency EA is fully automated trading. It sets up and manages a dynamic, multi-currency grid system, which can potentially capture profits in ranging markets. According to its design, the Grid Robot calculates parameters uniquely for each currency pair, thereby offering a tailored approach for each market it trades.
Traders can choose between a one-chart setup, where all currency operations are managed from a single chart interface, or opt for multiple chart setups by disabling the multicurrency switch. This allows for flexibility based on user preferences or technical requirements.
Key Features of the Multi-Currency EA
- Automated Trading – Once configured, Multi-Currency EA operates fully automatically, requiring little intervention during its day-to-day running.
- One-Chart Setup – Allows users to manage the entire system from a single chart, streamlining the setup process.
- Multicurrency Trading – The Grid Robot can monitor and trade on a portfolio of currency pairs simultaneously, offering diversified exposure.
- Night Market Stop-Loss – It includes the possibility of dynamic stop-loss adjustments during slower market hours such as the night session.
- Manual Controls – Users retain the option to manually close all positions related to a specific currency, which could be helpful in volatile or unforeseen market conditions.
Recommendations
- Minimum Account Balance of 5000$ or equivalent cent account(50$).
- Works best on AUDCAD, AUDCHF, AUDJPY, AUDUSD, CADCHF, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPCHF, GBPNZD, GBPUSD, NZDCAD, NZDCHF, USDCAD and USDCHF.
- It works best on H1. (Work on any TimeFrame)
