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Posted

Re: swb grid 4 modified

 

Hi,

 

Can someone please add a trend indicator like mega trend or slope direction line to this EA as an extra filter to trade with the trend. Mega trend indicator I think is really a good one. Please message if you dont have the indicators.

  • 3 weeks later...
Posted

Re: swb grid 4 modified

 

With Martingale EAs you cant really talk about best settings that dont fail in all markets.

 

You have choice of getting rich in a night or be conservative.

 

If you are conservative, I would advise using wide pip range. So something around 30 pip or up on GU and EU is fine with 1.5 to 2 multiplier.

 

But this way do not expect a great return.

 

Or you could use lower rangesand low TP, then your return is pretty good, but you risk your account on big movements w/o retracement. Just backtest and demo test for a while to get used to it and decide yourself.

 

Hope it helps.

  • 3 months later...
Posted
@taipan, thanks alot for the link.

 

What is the best recommended pair and time frame to trade the EA on?

 

Hi hatchsead,

 

I am not sure which pairs to trade, try major pairs 1st and with any time frame and of course do demo first to find out.

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