Short Grid MT5 has established itself as an essential tool in the Forex market. This software, developed for the MT5 platform, has a multitude of unique features that make Forex trading more efficient and profitable.
Expert Advisor and Automated Calculations
The software acts as an Expert Advisor, utilizing a combination of ATR (Average True Range), Heiken Ashi, Alligator, and RSI (Relative Strength Index) indicators. These are sophisticated tools that assist in market analysis and help in the formulation of effective Forex trading strategies.
One distinctive feature of Short Grid MT5 is its automated calculation of lot sizes. This implies that the software automatically determines the lot size based on the user’s account balance. For instance, an initial volume of 0.01 lot will not trigger a martingale system, whereas a setting of 3 will equate to 0.03 lot for every $10,000.
Optimised Settings for Different Currency Pairs
Short Grid MT5 is optimised for various currency pairs, with the EURUSD being a prime example. This flexibility allows traders to exploit opportunities across different currency markets.
Customisable Parameters
The software offers a plethora of parameters that users can modify to suit their trading preferences and strategies. For instance, users can adjust the grid size, multiplier, and take profit settings.
Additionally, settings related to Heiken, Gator, and RSI can also be tweaked. These include the Heiken Period and Value, Gator Period and Value, Jaws Period and Shift, Teeth Period and Shift, Lips Period and Shift, and a range of RSI settings.
Support and Updates
Users can expect comprehensive support from the software team. Any queries or issues can be directed to the team via email. Moreover, updated settings are frequently posted in the comment section, ensuring that users have access to the most effective configurations.
Independent Testing and User Feedback
For those interested in seeing the Short Grid MT5 in action, independent testing results are available on the forexroboteasy.com website. Subscriptions for updates on the testing results are also offered.
In the spirit of fostering a vibrant user community, users are encouraged to share their experiences with the software. This allows for a collective learning process, where users can learn from each other’s successes and mistakes.
FAQ
Q: What is the Short Grid MT5?
A: Short Grid MT5 is a Forex trading software that offers unique features such as automated lot size calculations, a variety of customizable parameters, and optimised settings for various currency pairs.
Q: How does the software help in Forex trading?
A: The software assists in Forex market analysis and strategy formulation by using indicators such as ATR, Heiken Ashi, Alligator, and RSI. It also automates certain tasks, like lot size calculation, making trading more efficient.
Q: Where can I find independent testing results of the software?
A: Independent testing results are available on the forexroboteasy.com website.
Note: This article is an independent review of the Short Grid MT5 Forex Software and does not represent the views of the software developers.
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