Fish n Grid

Fish n Grid – an automatic trading robot that works on multiple currencies. It takes advantage of the market's mean reversion characteristic with a calculated, dynamic, multicurrency grid system.

USD $199,00 USD $0,00
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Fish n Grid – an automatic trading robot that works on multiple currencies. It takes advantage of the market’s mean reversion characteristic with a calculated, dynamic, multi currency grid system.

Main features:

  • Fully automatic
  • Easy one chart setup 
  • Multicurrency grid profolio 
  • Basically trading everyday 
  • Calculated parameters for each currency 
  • Dynamic stoploss occasionally during night market
  • Manual control possible

Requirements:

  • Hedging account
  • Low spread raw ECN broker
  • Minimum recommended deposit: 3000 USD

Recommended Set:

  • Easy one chart setup 
  • Recommended pairs: AUDCAD, AUDCHF, AUDJPY, AUDUSD, CADCHF, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPCHF, GBPNZD, GBPUSD, NZDCAD, NZDCHF, USDCAD, USDCHF
  • Higher risk pairs: AUDNZD, USDCAD

How to set up:

  • Download the EA on your MT4 terminal 
  • Open a chart of EURUSD H1 timeframe
  • Drag the EA onto the chart and the default set file will be loaded
  • Click the Multicurrency_Switch to “true”
  • Choose your own lotsize settings at First_Order_Lot_Size and prepare the required deposit 
  • Change the Stoploss_In_Dollar setting according to your initial lotsize and your risk level preference
  • For example: if you want 0.01lot as your startlot, then you need 3000USD minimum deposit and your Stoploss_In_Dollar is 3000USD
  • Allow autotrading and start trading

Optional settings:

  • Multiple chart set up:
    • In case you don’t want to do one chart set up, you can click the Multicurrency_Switch to “false”, and drag the EA to each respective chart you want it to run
  • Manual takeprofit/stoploss
    • The EA itself has its own preset TP/SL mechanism, but in case of extreme circumstances/your own personal judgement, you can freely close the entire chain of grid of the same currency for profit/loss to avoid drawdown. It won’t affect the EA’s proper functions.
  • Prefix/Suffix for symbols
    • Some brokers have prefix/suffix for their currency symbols. Prefix/suffix detection can be enabled on the settings page of the EA. 

User Manual & Backtest results:

https://www.mql5.com/en/blogs/post/752815

Disclaimer:

  • Backtest result is based on historical data which does not guarantee future performance and profit 
  • Trade with an amount and a risk level you feel comfortable with 
  • Start with a demo account to understand the EA mechanism first
  • A good ECN broker with low spread and a stable VPS are essential. Message me if you don’t have one

Trade safe! King Arius Official

 

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