Market / MetaTrader 4 / Experts /

Reversal smart grid

499 USD

Demo downloaded: 47

Published: 8 July 2021

Current version: 1.3

Reversal smart grid

Experts
Arjan Hazewinkel
Version: 1.3
Updated: 18 February 2022
Activations: 10

Use our recommended broker: https://icmarkets.com/?camp=61478

Timeframe: M1
Base pairs: AUDNZD, NZDCAD, AUDCAD
Additional pairs: GBPNZD

Reversal smart grid uses multiple timeframe analyses to spot potential pullbacks in the market. These pullbacks have great potential to make big profit, we enter these pullbacks on the lowest timeframe ( M1 ). All backtests are performed over a 17+ years period showing stable and long term results! The goal is long term compounding profits with the reasonable drawdown at some times.

How to install

The EA must be attached to ONLY on all pairs M1 charts only, AUDNZD, NZDCAD, AUDCAD is recommended, GBPNZD is additional
Please allow web requests to the following URL for news filter:

https://ec.forexprostools.com/

Important setting

Money management - automatic risk management setting for lot size calculations
Max spread - max spread filter to avoid huge spreads
Minimal price target - minimal amount of points for auto target price
Maximal price target - maximal amount of points for auto target price
Minimal grid distance- minimal grid distance in points
Maximal grid distance - maximal grid distance in points
Maximal multiplier - maximal multiplier used ( for example: 30 x first lot )
Grid take profit - take profit in points for grid trades
Minimal grid profit - minimal take profit in points for grid trades
Minimal grid profit after - use minimal grid profit after x positions
Equity stoploss - true / false
Equity stoploss percent - stoploss percentage
News filter - enable / disable for low, medium, high and nfp impact news seperate settings

MINIMUM DEPOSIT: 1000

Kindly advice: Please use cent account for this low balance, use money management setting +- 3000. ( Lower is higher risk )

If use cent account: setup 4 pairs AUDNZD, NZDCAD, AUDCAD, GBPNZD

If use ECN account: setup 3 pairs AUDNZD, NZDCAD, AUDCAD

NOTE: Minimum deposit is bigger risk.

SETUP 2 ( balance > 1000):

Use money management setting +- 3000. ( Lower is higher risk )

Setup 4 pairs: AUDNZD, NZDCAD, AUDCAD, GBPNZD

We recommend to use this expert advisor on a vps to make sure it run 24/5.

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Version 1.3 2022.02.18

Fixed news filter

Version 1.2 2021.07.19

- Updated news filter, added field for pair specification.

Version 1.1 2021.07.12

- Added news filter