GRID EA Manager
Topic: GRID EA Manager
it is an expert without a Money Management system: if you apply it to your account it is it is necessary to personally follow the trend of the same, otherwise it is exposed to losses of capital also relevant.
That said, it explains its use, very simple.
Suppose we have determined, on the basis of technical analysis or otherwise, that we want to go Long on AUDCHF: you have to drag the EA on that graph, press the 'Open buy' button and set a value 100 from the 'step' box.
The expert will open grid orders spaced from each other by 10 pip, which we will close to achievement of a certain profit. To do this, we can close them manually during the bullish movement, but if there are any swing we would be subject to losses. Otherwise we can set up the profit value chosen by the box next to the 'X buy' button.
If instead we wanted to think in terms of price levels (example with fibonacci or other technique), we should set a line on the set level of take profit and a line on the level of Stop loss. press the 'X buy' button when the price reaches the first or second level