Forex Rider Grid Expert Advisor review:
Grid Robot is an efficient mechanical trading strategy which has no reliance on direction, profits from volatility and uses the intrinsic wavy nature of the market. Grid Robot refers to the trading approach which uses fixed price levels to enter and exit trades in one or both directions. Such trades, generally spaced at 10-20 pip intervals, create a trading grid. Grid trading has several advantages.
- Easy to set up and supervise
- No indicators or hard analysis needed
- Requires little forecasting of the market
- Grid Robot is timeframe independent
Grid Robot uses a unique system for trading and adjust trading when price exits the Grid. A special system can Recover Loss Position in just two pips.
ForexRider will not give past image of backtest, it’s too many easy.
Grid Robot system is just optimized “as is as” for EURUSD.
Copy and paste the file into the MQL4 Experts folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Experts (paste here)