that the price will continue to go in their direction. Convenience, so you how to use fractals indicator in forex can use any currency, any timeframe and any settings and on average they are likely to produce successful results 75 of the time on a truly set and forget basis. Grid level (pips) - the distance between the trades of the same kind (the grid trades). Maximum opened orders - the number of trades allowed to be placed on a chart. Because of its hedging capabilities, the Grid X doesnt offer too many options to close a trade or a basket.
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This is where the value of a community really comes through. Above you can see the Donchian channel that corresponds to the H4 time-frame (240 minutes) displayed on the H1 chart. It will do the rest for you. This swing zone is also used by both the Fluid and the NonLagMA expert advisors, and it has the purpose to ensure that the EA will not open buy trade when higher-highs are formed, or sell trades when the price forms a lower-low. Your traditional martingale style trading. A screenshot that can explain how the RobotFX Grid Expert Advisor thinks. To make sure the expert advisor trades in the right direction (ie with the trend) the trader can choose to follow the trend given by the same macd settings used to enter/exit the trades. Other trend indicators like macd, psar or moving average can also be used to identify the trend (right-upper corner) as well as the Stochastic oscillator to confirm the trade entries. Flex will start opening real trades.