GridX

Strategy: Grid Trading

GridX is another excellent option for traders who do not rely on market predictions and require a system that performs well in uncertain market conditions, such as sideways markets. With GridX, you can define suitable price levels for buying and selling within each price range, allowing you to generate profits in every trading cycle.

Inputs

Variable and value details

[ ___ Money Management ___ ]

• Grid Sell Size The distance between prices on the Sell side.

• Sell Lot Size The lot size on the Sell side.

• Grid Buy Size The distance between prices on the Buy side

• Buy Lot Size The lot size on the Buy side.

[ ___ Orders Zone ___ ]

• Price to Stop Selling The desired stop price level for a new Sell position. (0 = Unlimited)

• Price to Start Selling The desired price level to initiate a Sell position.

• Price to Start Buying The desired price level to initiate a Buy position.

• Price to Stop Buying The desired stop price level for a new Buy position. (0 = Unlimited)

• Magic Number The reference number for the bot's trade order execution.

We would recommend using a broker that offers swap-free accounts and allows trading with Cent/Micro accounts. Before using any broker, it is advisable to perform a backtest to determine the most suitable settings for your capital.