Grid King MT5

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Profit:

25.18$

Traders:

(27/14)

Most Profit Trade:

18.89$

Most Loss Trade:

-35.61$

Profit Factor:

0.62

Average Loss:

-28.55$

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Overview

Grid King MT5 has been making waves in the Forex market, offering a unique approach to grid trading. This Forex trading software has been designed with an emphasis on safety, aiming to eliminate the margin call risk typically associated with most grid systems in the market. It also promises higher returns than the average grid system by spreading risk across multiple pairs and trading strategies.

Grid King MT5: A New Approach to Grid Trading

The developers of Grid King MT5 have taken a ‘safety first’ approach in its development. This approach is evident in the software’s ability to limit the effect of adverse market conditions on the account equity. Unlike most grid systems that can wipe out your account during unfavorable market conditions, Grid King MT5 takes a small loss and recovers swiftly.

Performance and Stability

Grid King MT5 has been stress-tested over a period of 18 years and has successfully passed these tests without any high drawdown. This Forex trading software is already optimized for 29 pairs, demonstrating its versatility in the Forex market.

One of its key features is the unique Spread Equalizer Algorithm (S.E.A), which significantly reduces the impact of spread and slippage on stability. This feature enhances the software’s performance, making it a reliable tool for Forex trading.

Trading Strategies

Grid King MT5 employs two strategies for entry. The “Volatility breakout” strategy trades in the direction of strong price movements, while the “Return to Mean” strategy exploits the fact that price always returns to the mean. These strategies offer diverse trading options, catering to different trading styles and market conditions.

Optimized Pairs and User-friendly Interface

Grid King MT5 is optimized for a variety of pairs, including EURUSD, GBPUSD, USDCAD, and many more. Its user-friendly interface includes on-chart visualization of TP zones, making it easy for traders to monitor their trades. Additionally, the software allows traders to run all pairs from a single chart, simplifying the trading process.

FAQ

What is the recommended starting capital for Grid King MT5?

The minimum recommended starting capital is 1000$. However, the software’s performance can be optimized for any market.

Is Grid King MT5 sensitive to spread or commission?

No, Grid King MT5 is not sensitive to spread, commission, or account type. However, a low spread ECN broker is recommended for better performance.

What is the recommended setup for Grid King MT5?

It is recommended to enable auto settings and run only the optimized pairs on the H1 timeframe. The software works on all brokers and all account types are suitable.

Can I test Grid King MT5 before purchasing?

Yes, it is recommended to run the software on a demo account first to familiarize yourself with its trading style.

Independent testing of Grid King MT5 is available on forexroboteasy.com, where you can also subscribe for updates on the testing results. If you have used Grid King MT5, feel free to share your experience. Remember, this is an independent product review and it is always beneficial to hear real user experiences.