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MHV Grid

MHV Grid EA


The MHV Grid EA uses the RSI indicator to enter the trade. To enter BUY, the RSI must cross the bottom up the value specified in the EA parameters (for the sales, on the contrary, cross from top to bottom).

In case of a successful entry, the transaction closes either according to Trailing Stop is used.


If the market goes in opposite direction, the order grid opens at a specified distance from the average price of the grid. Also, newly opened orders can be filtered using Bollinger Bands indicators (for example, Sell opens only if the price has weakened market volume at the top). 

The EA separately follows the differently directed warrants. The EA works with explicit control over the opening of the candles, so when optimizing, you can use the mode at price open.


Requirements

  • The default parameters are optimized for the conservative variant of trading with EURUSD on the H1 timeframe.
  • The minimum recommended deposit is $ 500 with the initial lot 0.01 when using one currency pair ($2500 when using 7 pairs).
  • Support for 5-digit quotes.


If you low capital and want to reduce the risk to the maximum you can run ea on the H4 timeframe.

MHV Grid EA can run at USD100 capital.

Dont trust low drawdown at tester because if you use high capital you can see low drawdown. If you test use low capital like USD100, you can see high drawdown.


Parameters

MMType: 1;

MaxTrades: 55;

PipStep: 200.0;

LotExponent: 1.0;

TotalEquityRisk: 1.0;

Slippage: 3.0;

LotsDigits: 2.0;

AutoLot: false;

Lots: 0.01;

Risk: 1;








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Daytrade Pro Algo
Profalgo Limited
5 (5)
Promoción de lanzamiento: Número limitado de copias disponibles al precio actual Precio final: 990$ NUEVO: ¡obtenga 1 EA gratis!   (para 2 cuentas comerciales) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files ¡Bienvenido a DayTrade Pro Algo!   Después de años de estudiar los mercados y programar distintas estrategias, he encontrado un algoritmo que tiene todo lo que necesita un buen sistema de trading: Es
Aura Black Edition
Stanislav Tomilov
4.56 (16)
Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult
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Winner Overbought Oversold Winner Overbought Oversold indicators are best suited for overbought/oversold analysis. Basically, there are two types of momentum oscillators: bound and unbound. Bound oscillators, such as this, fluctuate within a specific range. The most popular indicators used to identify overbought and oversold conditions are the   relative strength index (RSI)   and the   stochastic oscillator . But you need a second conformation for entry and exit position from forex market.
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Mhd Amran Bin Lop
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Mhd Amran Bin Lop
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Mhd Amran Bin Lop
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