Forex

Grid Manual MT4


Grid manual is a trading panel for working together using grid strategies. the utility is universal, has adjustable settings and a transparent interface. this functions with a grid of requests not only from the management of averaging losses, but also in the path of increasing profits. The trader doesn’t need to produce and maintain a grid of orders, the utility will do so. It is enough to start an order and Grid manual will automatically create a grid of orders for it and will accompany it until it closes.

  • Accompanies orders opened in any way, including from a mobile terminal.
  • It works with two types of grids: limit and stop.
  • It works with two methods for calculating the grid step: fixed and dynamic (based on the ATR indicator).
  • Allows you to change the settings of the open grid, including changing the lot of each level, and its location (you can only rearrange the level in the fixed step mode).
  • Displays the breakeven level of each grid on the chart.
  • Shows the profit size of each grid.
  • Allows you to close profitable grid orders with a single click.
  • Allows you to close each order grid with a single click.
  • It has a trailing stop function.
  • It has the function of converting the stop loss of the order grid to breakeven.
  • Automatically rearranges the take profit relative to the breakeven level of the order grid (only in the limit grid mode, the distance depends on the selected calculation type: Conservative or Aggressive).
  • Saves the settings, and restores them after restarting the terminal.
  • Accompanies up to 20 grids with up to 100 orders.
Read More…

    Before trading on a live account, check out the product in the strategy tester. When calculating the initial lot, take into account the size of the deposit, do not overload the deposit with large lots.

    Before trading on a live account, check out the product in the strategy tester. When calculating the initial lot, take into account the size of the deposit, do not overload the deposit with large lots.



    Forexbotreview.com Forex Algo Trading

    Related posts
    Forex

    What to expect after the lull? WTI, Nasdaq and Bitcoin. Weekly market analysis.

    Forex

    Are we growing further? WTI, Nasdaq and Bitcoin. Weekly market analysis.

    Forex

    What will a deep dollar correction lead to? Ruble, WTI, Nasdaq and Bitcoin. Weekly market analysis.

    Forex

    Bitcoin and Nasdaq - we are waiting for a couple of weeks of euphoria in the market. Weekly market analysis.

    Sign up for our Newsletter and
    stay informed

    Leave a Reply

    Your email address will not be published.