MyFxBots | Grid Trading Forex Robot Reviews

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Grid

As its name suggests, grid trading strategy is applied by creating a grid of buy and sell orders by placing them above and below a set price at certain regular intervals, that grid orders are at incrementally increasing and decreasing prices.

Grid trading is placing buy and sell orders at certain intervals around a predefined price.
The grid can accompany trend following or Forex range strategies to exaggerate profits.
With the trend following strategy, buy orders are placed at intervals above the set price and sell orders below it.
With Forex range strategy, buy orders are placed at intervals below the set price and sell orders above it.

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Forex Pulse Detector v5.4

Last Reviewed On:

Fri, 12 Jan 2018

Forex Pulse Detector is a scalper and grid trader with multiple built in indicator sets for market reversal precise detection and special algorithms for the highest accuracy on its compatible low timeframe (M15) causing higher trading activity with faster profits as in the backtests and live trading performance results.

4.76/5

78 total votes.

NFA No

A Sold-Out Expert Advisor!

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Drive Gold v201

Last Reviewed On:

Sun, 8 Dec 2013

Drive Gold is an expert advisor trading gold using the grid basket strategy.

4.8/5

364 total votes.

NFA No

A Sold-Out Expert Advisor!

Risk

Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.

Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.