The US30 Market Maker

The US30 Market Maker has emerged as a unique trading tool in the Forex realm, designed to navigate the complexities of the US30 or the Dow Jones Index. This trading strategy is tailored to adapt to the unique characteristics of this well-diversified index, offering a different approach to the traditional breakout trading methods.

The Mechanics of US30 Market Maker

The US30 Market Maker strategy is designed to work with limit orders and stop-limit orders to trade the opening range of the US30. It uses both take-profit and stop-loss measures to curtail risks, with these parameters being set based on the current volatility. The strategy steers clear of risky money management tactics such as martingale, grid systems, and hedging.

The strategy has been tested manually for over a year, yielding positive results, leading to the decision to automate it and share it within the MQL5 community. However, it’s advisable to always download the demo and conduct independent testing before purchasing any such product from the MQL5 market.

Optimizing Forex Trading with US30 Market Maker

When using the US30 Market Maker, the risk per trade ranges from 0.2% to 3.5%, depending on the trader’s risk appetite. The strategy is specifically designed for the US30 and utilizes a 5-minute timeframe, although it functions equally well on other timeframes. The minimum deposit required to use this tool is $500, with the preferred account type being ECN, raw, or Razor with low spreads.

Reputable brokers such as ICMarkets and Pepperstone or any other that offer low spreads and efficient executions are recommended for this strategy. For prop trading, FTMO is a suitable option. However, the US30 Market Maker is designed to operate across all brokerage platforms.

Understanding the Input Settings of the US30 Market Maker

The US30 Market Maker features unique input settings, which include StopLossPercentage (representing the percentage of account balance risked per trade), ATRperiod (used for volatility calculations), EntryDiviation (representing the range above/below which the pending order gets triggered), StopLossDiviation (used to fine-tune the stop loss), and ATRstop (determining the stop-loss size).

FAQs on US30 Market Maker

What is the US30 Market Maker?
The US30 Market Maker is an automated trading strategy designed for the US30 or Dow Jones Index. It uses limit orders and stop-limit orders to trade the opening range, thereby optimizing Forex trading.

What is the recommended risk per trade?
The risk per trade can range from 0.2% to 3.5%, depending on the trader’s risk tolerance.

What brokers are recommended for this strategy?
Brokers offering low spreads and efficient executions such as ICMarkets and Pepperstone are recommended for this strategy.

How can this strategy be tested independently?
Independent testing of this product can be done on the forexroboteasy.com website.

We invite you to share your experience using the US30 Market Maker strategy in the comments below. This review is independent and does not endorse or promote any product or service. The aim is to provide a comprehensive overview of the US30 Market Maker strategy from a neutral standpoint.