Description
Grid trading is a popular strategy that involves placing buy and sell orders at set intervals above and below the current market price. The EA automatically manages these orders, opening new positions as the market moves in your favor and closing positions at predefined profit targets.
With our Grid Trading EA, you can benefit from the flexibility and adaptability of this strategy, while taking advantage of the specific characteristics of the EURUSD pair on a 5-minute time frame. The moving average line serves as a reliable indicator, providing signals based on its upward and downward movements.
By automating your trading with this EA, you can eliminate emotional decision-making and ensure consistent and disciplined execution of your trading strategy. The EA will continuously monitor the market, identify trading opportunities, and execute trades on your behalf, saving you time and effort.
Whether you are a beginner or an experienced trader, our Grid Trading EA for EURUSD on a 5-minute time frame offers a powerful tool to enhance your trading performance. Take advantage of the market movements, optimize your trading strategy, and achieve your financial goals with ease.
Attach an EA to the M5 chart of EURUSD on MT5.
▼parameter settings
| Lot_Size |
Minimum 0.01 lot ~ Please set according to your account balance. |
| Magic number |
Normally, there is no problem with the default setting. This is the number that identifies this EA order within the account. If you use multiple EAs in one account, please set the magic number so that it is not the same as another EA’s magic number. |
Since this EA holds multiple positions, it cannot tolerate drawdowns if the account balance is too small or the lot size is too large.
Also, the higher the account leverage, the better, and 1:200 or higher is recommended.
The recommendation is to start with 1000 USD and 0.01 lot. Be cautious about increasing lot size. Foreign exchange markets change rapidly and involve risks.
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