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FOREX TUTORIALS
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NFA ready: No
Execution: Auto
Stealth mode: Yes
4/5 digits: Yes
MM: Yes
INFORMATION
Super Money Grid attempts to take advantage of the natural motion of the market
placing buy and sell orders at the same time. This strategy requires no forecasting of
market direction. Once you start the expert advisor, it places 1 sell order and 1 buy
order. Then, it will use grid_size, take_profit and money management settings to place
additional orders or close them. Grid trading is a high profitable/high risk strategy.
Super Money Grid performs better on GBPUSD pair.
METATRADER DOWNLOADS
Latest update: November 17, 2011
Latest version: v1.41
MT4 Expert Advisor: download (to download: "Right click" + "Save as...")
INSTALLATION
1. Shutdown your Metatrader platform
2. Copy the expert advisor file into the /experts folder of your Metatrader
software (Example: C:\Program Files/MetaTrader4/experts)
SETTINGS MANUAL
grid_size: expert advisor will use this data in order to know when to place
new orders
profit_lock: from 0.5 (50%) to 0.9 (90%). This is the profit locked once you
reach take profit.
min_lots: minimum lots for your orders. The EA will take min_lots as the
minimum unit.
BACKTESTS
You can see results from 6 different backtests below. First 5 backtests use same pair
(GBPUSD), same settings, but different money management configuration. In the sixth
backtest we use different settings and a different pair (EURGBP) to show you how
powerful and risky is grid trading.
BACKTEST 1
Test period: January 15, 2011 - March 10, 2011
Pair: GBPUSD
Time frame: Any
Set file: download
Detailed report: view
BACKTEST 2
Test period: January 15, 2011 - March 10, 2011
Pair: GBPUSD
Time frame: Any
Set file: download
Detailed report: view
BACKTEST 3
Test period: January 15, 2011 - March 10, 2011
Pair: GBPUSD
Time frame: Any
Set file: download
Detailed report: view
BACKTEST 4
Test period: January 15, 2011 - March 10, 2011
Pair: GBPUSD
Time frame: Any
Set file: download
BACKTEST 5
Test period: January 15, 2011 - March 10, 2011
Pair: GBPUSD
Time frame: Any
Set file: download
Detailed report: view
BACKTEST 6
Test period: January 15, 2011 - March 10, 2011
Pair: GBPUSD
Time frame: Any