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AW Grids Maker MT5 is a universal utility designed to build grids from pending orders. With its flexible settings and an intuitive panel interface, it is an efficient tool for automating Forex trading. The program constructs networks using both STOP and LIMIT orders, with the required step, and implements a position volume multiplier.
Key Features of AW Grids Maker MT5
The AW Grids Maker MT5 is equipped with features that cater to a variety of Forex strategies. It is suitable for pyramid, classic averaging, or martingale techniques. This tool automates the opening of the grid, keeping track of orders, and their closure. AW Grids Maker MT5 can function as an integral part of your trading system or operate as an independent strategy.
The utility is capable of building order networks of all types with adjustable distance and the ratio of increasing the transaction volume. This functionality makes it a versatile tool for diverse Forex trading scenarios.
Understanding Input Parameters
The AW Grids Maker MT5 comes with various input parameters that allow traders to customize their usage. The size of the first order determines the volume of the first order. The Order Magic number acts as the primary identifier of the utility orders, mainly used for order identification.
The number of pending orders in grids specifies the number of orders of each type for the grid. The maximum permissible slippage in points for opening and closing orders is defined by the Maximum slippage in points field. The Multiplier for size of orders is a volume multiplier for pending orders, where each subsequent open order in the order grid is larger than the previous one by a given coefficient. The Step for grids variable controls the step between orders in the grid, measured in points.
Usability and Interface
The AW Grids Maker MT5 offers an easy-to-use and well-designed utility panel. Its thoughtful information module simplifies the trading process by providing necessary information at a glance. The font size on the panel can be adjusted according to the user’s preference, enhancing readability and user experience.
Independent Testing and Updates
For a more thorough understanding of the AW Grids Maker MT5, users can watch independent testing of this product on the Forex Robot Easy website. Subscriptions for updates on the testing results of this product are also available, providing users with the latest insights and performance metrics.
Can the AW Grids Maker MT5 be used in a pyramid, classic averaging, or martingale strategy?
Yes, the AW Grids Maker MT5 is designed to suit various Forex strategies including pyramid, classic averaging, and martingale.
Is there a volume multiplier for pending orders?
Yes, the AW Grids Maker MT5 features a volume multiplier for pending orders. Each subsequent open order in the order grid will be larger than the previous one by a given coefficient.
We invite readers to share their experiences using the AW Grids Maker MT5. Your insights can help other traders optimize their Forex strategies using this tool.
Remember, this is an independent product review. We aim to provide unbiased and comprehensive information to help you make informed decisions about your Forex trading tools.
A useful utility for plotting a chart for the mt5 trading robot. The program contains risk factor limiters - STOP/LOSE and Limits - this protects against entering the red zone. The program itself contains many hints - valency levels, which helps to build or improve a strategy for searching for price fluctuations.