Velocity Algo MT4

Velocity Algo MT4

? Live Signal MT5 (Running since 2023): View Live Performance

? Preset File & Quick-Start Guide: Download Here

? MT5 Version: Velocity Algo MT5

Dynamic Grid Martingale for USDCAD — Adaptive, Proven, Running Since 2023.

Velocity Algo MT4 is an Expert Advisor built specifically for the USDCAD M15 timeframe. It uses a Dynamic Grid Martingale strategy that adapts its lot sizing and grid spacing in real time based on current market volatility — making it flexible across a wide range of market conditions. This is the MetaTrader 4 version of the same strategy running on MT5.

⚙️ How It Works

• Dynamic Grid System: Automatically adjusts lot size and grid spacing based on real-time volatility, allowing the strategy to adapt to different market phases without manual intervention.
• Precision Entry: Entry signals are generated using a combination of Envelope and Bollinger Bands indicators to identify statistically favorable price zones on USDCAD M15.
• Basket Management: When multiple grid orders are open, all positions are managed as a single basket and closed together once the collective Total Profit Target is reached.
• Auto Lot Sizing: Built-in AutoLot feature automatically scales position size proportionally to account balance growth.
• No Hedging or Arbitrage: Trades purely based on internal strategy logic — no special broker conditions required.

⚠️ Risk Transparency

Velocity Algo uses a Grid Martingale approach, which means it can open multiple orders in the same direction as the market moves against the initial position. While this increases recovery potential, it also means:

• Drawdown can increase significantly during strong trending moves against open positions.
• Risk exposure grows with each additional grid level opened.
• Adequate starting capital and proper lot sizing are critical to withstand drawdown periods.
• This strategy is not suitable for low-capital accounts without conservative lot settings.

Always review the live signal and understand the risk profile before purchasing.

⚙️ Setup & Requirements

• Symbol: USDCAD
• Timeframe: M15
• Account Type: ECN, Raw, or Pro (low-spread recommended)
• Minimum Capital: $2,000 USD (or 2,000 US Cents)
• Leverage: 1:100 or higher

? Lot Size Setting

• Recommended: Select AutoLot in the LotSizingMethod parameter.
• Standard risk: Set AutoLot_0.01LotPer = 2000 — the EA will open 0.01 lot per $2,000 in balance, scaling automatically as capital grows.
• Low risk: Set AutoLot_0.01LotPer = 2500-3000 for more conservative exposure.

? Download the latest preset file and setup guide: MQL5 Blog

⚠️ Disclaimer: Past performance is not indicative of future results. Trading Forex carries significant financial risk. Only trade with capital you can afford to lose. Always test on a demo account before going live.