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Scalping Grid EA v2 MT4 (Works on Build 1441+) | Forex Robot | MT4 Expert Advisor

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Scalping Grid EA v2 MT4 is an advanced Expert Advisor designed for the MetaTrader 4 platform, utilizing a grid-based trading strategy. This EA aims to capitalize on short-term price fluctuations by placing buy and sell orders at specific price levels, thereby profiting from market volatility.

What is a Scalping Grid EA?

  • Scalping: This is a trading strategy that aims to profit from small price movements in the market, often by opening and closing trades within seconds or minutes. Scalpers typically seek to make a large number of small profits.
  • Grid Trading: This involves placing a series of pending buy and sell orders at predetermined price intervals above and below a central price. The idea is to profit from price fluctuations regardless of market direction. When a buy order is triggered, a corresponding sell order is placed above it, and vice-versa.
  • Scalping Grid EA: Combines these two concepts. It's an automated program that executes a grid trading strategy with the goal of capturing small, frequent profits through scalping. These EAs often adapt to market conditions and might incorporate indicators like RSI, Momentum, and Bollinger Bands, as well as news filters.

Key Features and Characteristics (often found in such EAs):

  • Automated Trading: The EA opens and closes trades automatically based on its programmed logic.
  • Dynamic Grid System: Many advanced grid EAs adjust the grid based on market volatility, economic news, and other indicators.
  • Multi-currency Support: Some EAs are designed to trade across multiple currency pairs simultaneously.
  • Risk Management: Features like stop-loss, take-profit, trailing stop, and break-even levels are crucial for managing risk, especially with grid strategies. Some EAs may also incorporate hedging capabilities.
  • Martingale/Anti-Martingale: Some grid EAs might use a Martingale-like approach (increasing lot size after losses), which can be very risky. Anti-Martingale strategies aim to reduce risk by decreasing lot size after losses or increasing it after wins.
  • News Filter: To avoid trading during high-impact news events, which can lead to increased volatility and slippage.

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

Important information!

For the first 2 weeks, trade on a demo account or a cent account (to choose the best trading conditions for yourself)

Install a trading advisor on a VPS

Real Account Profit Recorded every Friday (end of the trading week)

What’s in the package?

Experts:

  • Scalping Grid EA v2 MT4.ex4

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Disclaimer:

The EAs sold on our channel are not created by us.
We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.
Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.
All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.
EA updates are thus not automatic and not guaranteed.
 
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You will get a RAR (212KB) file