Grid Hero EA MT4 v9.8 – Official Version
Grid Hero suitable for traders looking for an automated trading system with powerful risk management features and the ability to adapt to a variety of market conditions.
What is Grid Hero?
Grid Hero is an advanced Expert Advisor (EA) designed to revolutionize forex trading. Leveraging the innovative Grid P.A.M.A. algorithm, the advisor combines the power of Price Action strategies with the advanced Artificial Instinct Self-Adaptive Processing Unit.
The Expert Advisor (EA) was developed and rigorously tested using the “Reversed Sampling” method, having undergone extensive backtesting, spanning from 2004 to 2017.
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About the author
Chock Hwee Ng a Singaporean developer with over 9 years of experience in the Forex market with great achievements. With only 2 products, there have been more than 1000 sales on MQL5, showing that the effectiveness of this EA is extremely stable and safe with positive reviews from users who have purchased and used it.
Key Features Grid Hero
- PAMA (Pips Average Mathematical Algorithm): This algorithm optimizes order placement based on the average of prices.
- Fast-In-Fast-Out (FIFO) scalping technique: Used to execute short-term orders, take profits quickly.
- Multi-timeframe trend detection: EA can detect trends on multiple timeframes to find the best entry points.
- Price Action Troopers module: Price action analysis helps optimize entry points.
- AI adaptive processor: Automatically adjusts the strategy according to market conditions.
- News filter: Helps avoid trading when there is big news, reducing risks.
Important parameters
- Initial lot size, plus lot size and max lot size: Helps control the trading volume, especially useful for Grid strategies.
- Enable auto-calculation of lot size: Based on the account balance to manage risk.
- Maximum trade size: Limits the number of orders open at the same time.
- Grid step: Determines the distance between Grid orders.
- Time and volatility filters: Helps the EA only enter orders in appropriate time frames and market conditions.
- News filter: Prevents trading during periods with major economic news.
Grid Hero Review
Grid Hero has passed many rigorous tests, including:
- Monte Carlo Test: With 2000 random simulations to test stability.
- Slip Test: Helps ensure that the EA can perform well even when there is slippage.
- 13 years real tick backtest – jan 2004 to oct 2017 <auto lot – medium risk>
- 13 years real tick backtest – jan 2004 to oct 2017 <auto lot – standard risk>
- Trader reviews on MQL5
Recommended Settings
Features | Type |
---|---|
Trading platform | MetaTrader 4 (MT4) |
Currency pairs | EURUSD |
Timeframes | H1 |
Minimum deposit | $4,000 |
Broker | ECN broker, low spreads |
Leverage | 1:400 |
Setup files | Use default settings or set files |
Trading Condition | Ranging |
Product type | NoDLL / Unlimited |
>>> Reviewed by David Easton
User Reviews
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Original price was: $499.00.$49.00Current price is: $49.00.
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