Fish n Grid

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.

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!