As we all know Hedging strategies requires huge precision and accuracy. This is why EA does it better than human. This Grid EA uses pending orders. At the moment when you start this Grid trading system, it will immediately begins placing pending orders across your chart in both directions, so the price will never have a change to escape.
You don’t have to worry which side price will move, because you will already have your trades set and ready, waiting for the price action to hit them.
Now, main confusing thing about this our unique strategy is that we trade in opposite way. Why? Because it is the only way to gain profit from always chaotic and unpredictable Forex market. It may sound a bit confusing for the first time, but try to read this information carefully and the knowledge about this system should come to you pretty quick.
So how it really works? At first, the Grid trading system will put you in the middle of chart/price – creates a channel. It does not care which side market is moving, because it will move sooner or later in upside or downside anyway. Since we don’t know where it will go, we put lets say 15 Sell pending orders to the top side from our current price and 15 Buy orders to the bottom side.
Now you have a Grid on your chart full of orders waiting to be executed. You may set, lets say 40 pips space in between those trades (you may change those parameters anyway you like in settings window). So the trades will be separated with 40 pips size gaps. Now, you must be asking your self how can we gain any profit if we have opposite trades all over the chart? The answer is simple: retracements!
Remember market never moves infinitely to one or other side, it will always sooner or later must be a correction. When it happens market will turn back and all of your opposite positions will became profitable.
EA will calculate all of the loss and winning ratio by its self, and when total profit/loss will be the amount that you put in the target field(lets say $100) EA will close all the trades with profit.
