VelociRaptor Grid EA MT4 NoDLL
Overview
The VelociRaptor Grid EA is a multicurrency expert advisor based on a modified version of the Martingale system. It also incorporates an additional function of using averaging. Here are the essential points:
- Strategy: The EA builds a grid of orders, opening new positions if a drawdown appears on the previous one. It continues this process until all positions are closed simultaneously in profit or at breakeven.
- Risk Management: Unlike traditional systems, VelociRaptor Grid does not use a Stop Loss. Instead, it dynamically adjusts its grid based on market conditions.
- Currency Pairs: The EA can be applied to various currency pairs.
Key Parameters
- Minimum Deposit: While there is no fixed minimum deposit, it’s advisable to start with a reasonable amount to manage risk effectively. A deposit of $500 or more is recommended.
- Timeframe: VelociRaptor Grid operates on the H1 (1-hour) timeframe.
- Currency Pairs: Consider using the following currency pairs:
- EUR/USD
- GBP/USD
- USD/JPY
- AUD/USD
- USD/CAD
How VelociRaptor Grid Takes Trades
- Grid Formation: The EA establishes a grid of orders at the opening of each new candle.
- Dynamic Grid: Unlike fixed grid steps, VelociRaptor Grid calculates the distance to the previous order. If the distance exceeds a specified threshold, it opens a new position.
- Averaging: If a drawdown occurs, the EA averages into new positions, aiming to recover and close all positions profitably.
How to Get Started
- Download and Installation:
- Download the VelociRaptor Grid EA MT4 NoDLL from the provided link. https://mahakaryadigital.com/product/velociraptor-grid-ea-mt4-nodll/
- Visit our website https://www.mahakaryadigital.com/ for and insights.Contact: @https://wa.me/6282221070404
