Follow live performance:
Aggressive settings:
https://www.mql5.com/en/signals/564559
Revolutionary hybrid grid: more than 13 years backtest with starting balance as low as 100 dollars – VERY IMPORTANT TO BACKTEST DEMO: please read backtest instruction or ask via PM.
Description:
The HIBgRID is a
 Hybrid Grid EA based on the mean-reverting
 characteristics of the pair GBP/CAD during low volatility and low
 volume period.
The EA utilizes the
 mathematical principles of a
 Ornstein–Uhlenbeck
 process
 to identify
 trades with success probability higher than 85%.
After  a
 trade is opened the EA will calculate a target profit and close
 the trade.
In case the price
 behaviour is unfavorable the Risk Manager will
 close the trade at a lower profit target or even with a small
 loss.
If the Risk Manager does not identify evidences of a non mean-reverting time serie the EA will open
 recovery orders up to a maximum of 5 open orders.
The EA utilizes a
 proprietary  grid logic with light lot size increments in order
 to minimize drawdown and risk exposure.
Live performace results differ may from backtest because
– Signal is stopped during major BREXIT news (precaution)
– Signal uses news filter (not working in backtest)
– Signal uses 3 days swap fileter
– A tick system on live account will never match exactly backtest although 99.9%
For more info on EA and parameters visit https://www.mql5.com/en/blogs/post/725139
What is a Hybrid Grid:
- As opposed to stabdard grid the EA closes some trades with a loss under certain higher risk conditions
 - Grid orders can be closed with a TP and reopened
 
 Requirements:
The minimum
 investment is 100 Dollars with Very High Risk. 300 dollars for standard settings.
It is STRICTLY
 MANDATORY to use a true ECN account with low spread on
 GBPCAD during early Sydney session. IC Market is used as a
 reference for backtest. See blog for more info
Parameters:
Standard setting for GBPCAD 1M
Broker GMT offset: 0. Leave 0 for NY close broker GMT + 2 or + 3 during DLS (ICMarkets, Axitrader, Darwinex etc)
Lot size: Standard settings 0.03.
For balance: Standard settings: 1000. Balance used to calculate lot size.
Max allowed Draw Down Standard settings -0.25 as a factor of the current balance. In case the equity drops below this threshold the EA will close all orders as a capital protection measure. As en example, balance is 10.000, Max allowed draw down is -0.2, this means that if the equity goes below 8.000 the EA will close all open orders. VERY IMPORTANT: respect the standard ratio Lot/MaxDD: If your want to set your max risk at 10%, then use 0.01 lot per 1000 and max draw down -0.1.
3 days swap/rollover filter It is recommended not to trade against the three days rollover (usually between Wednesday and Thursday night for the majority of brokers).
 Backtest:
As the spread plays
 an essential role in the real performance and it is used also as a
 volatility filter especially before rollover/swap charge and during
 strong price movement, only a tick by tick, 99% accuracy variable
 spread test has a statistical meaning. Please avoid testing with
 fixed spread as it is worthless.
My backtests use
 Dukascopy data with a negative cap of 27 points and minimum of 12
 points, 7 dollars round trip and real swap. This is the closer to the best ECN broker real conditions.  Dukascopy spreads are too large for this strategy
 Money Management
 and risk warning:
This EA is suitable
 for patience and non greedy investors capable to deal with potentially large drawdowns.
Although the
 backtest surpassed 13 years without a major loss (99% accuracy,
 variable spread, 7 Dollars round trip commission and current swap),
 like any grid system the EA can and WILL FAIL, therefore the
 standard capital protection settings will close all orders when the
 Drawdown exceeds the 25% of the balance. This can be customized in accordance with the risk acceptance of the investor. In case of a 20%
 loss the EA is designed to recover in less than 300 days unless a
 second loss occurs before the recovery is completed.
Do not use demo or cent account as they are meaningless
 for this type of trading.
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