The grid EA trades using special patterns, the Bollinger Bands indicator and the Relative Strength Index. It is recommended to use a broker with 5 characters. It is obligatory to use a VPS or
terminal operating around the clock. To protect the account from trading when the spread is widening, there is a parameter: “MaxSpread”.
Recommended parameters
Currency pair: AUD / CAD;
Timeframe: M15;
Minimum deposit: $ 500;
External variables
- Lots – fixed lot volume;
- LotSizePlus – the volume of the next lot increase;
- MoneyManagement – the volume of a dynamic lot, which depends on the size of the deposit and the level of risk set by the trader;
- Risk – the level of acceptable risk;
- TimeToStart – EA start time;
- TimeToFinish – EA end time;
- Magic – unique order number;
- Step – the minimum difference in order prices in the grid;
- TakeProfit – take profit;
- Slippage – slippage;
- MaxSpread – maximum allowable spread;
- Reriod_Bollinger_Bands – Bollinger Bands period
- Period_RSI – RSI period
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