I like Live Trader EA, but it’s a sound disguised grid-martingale. If you want to use this EA, please gets a look at my findings going by a number of trades it has made from its trading. This is seemed to work on a counter-trend (oversold/overbought) indicator. You can further add trades averaging down, multi-lots though same lot sizes, so the martingale term is controversial, but consider 1,1,2 lots same as 4 x 1 lots. This is such kind of EA definitely traded at different levels, so a grid using some type of timing. However the multiple trades don’t come into view to be at usual spaced intervals. It does trades at usual space interval. But, this EA does not perform it.
As well martingale term I think is controversial, too. It can work on any market condition because it trades market response. It is actually not a scalper robot, so not prejudiced by the spread.
It does not do business bigger and a bigger lot to get well bad trades mitigates the losses for fear that the market is changing.
- Grid_Formula mq4