AW Double Grids EA
The AW Double Grids EA is a forex trading robot that promises to deliver consistent profits with minimal risk. But does it really work or is it just another scam?
In this review, we will take a look at the features of the AW Double Grids EA and see if it is a viable forex trading solution. We will also discuss some of the pros and cons of using this EA so that you can make an informed decision before decide whether or not to use it.
Description forex AW Double Grids EA
The forex AW Double Grids EA is an automated trading system that trades on the MetaTrader 4 (MT4) platform. The EA uses a grid strategy to place buy and sell orders in the market. The distance between the buy and sell orders is determined by the user.
The EA is designed to work with any currency pair and timeframe. However, it is recommended to use the EA on the M30 timeframe with EURUSD, GBPUSD, USDJPY, AUDUSD, or NZDUSD currency pairs.
The forex AW Double Grids EA is a fully automated trading system. It can place and manage orders automatically. The EA comes with a set of default parameters which can be customized by the user.
The main features of the forex AW Double Grids EA are:
Grid trading strategy
Fully automated trading
Works with any currency pair and timeframe
Review forex AW Double Grids EA
The AW Double Grids EA is a forex trading robot that has been designed to trade in the foreign exchange market. The EA is based on the double grid trading system. The system places buy and sell orders at predetermined price levels. The distance between the buy and sell orders is determined by the user. When the market price reaches one of the preset price levels, the EA will close all open orders and place a new order at the opposite price level. The EA will continue to do this until the profit target or stop loss is reached.
The EA comes with a default set of parameters which can be adjusted by the user. The main input parameters are: lot size, take profit, stop loss, grid distance, max number of grids and trailing stop. These parameters can be adjusted to suit the user’s needs.
The AW Double Grids EA is a flexible tool that can be used to trade in a variety of market conditions. It can be used with any currency pair and timeframe.
Trading results with AW Double Grids EA
The AW Double Grids EA is a forex trading robot that has been designed to work with the MetaTrader 4 (MT4) trading platform. The EA is a fully automated system that can be used to trade on any currency pair, with a minimum deposit of $500.
The EA uses a grid trading strategy, which involves opening multiple positions at different prices in order to take advantage of price movements in both directions. The EA will automatically place stop-loss and take-profit orders for each position, as well as managing your risk by scaling out of positions as they move in your favor.
The EA comes with a built-in money management system, which means that it will only ever trade with a small percentage of your account balance. This protects your account from being wiped out by large losses, and ensures that you always have some capital left over to keep trading.
The AW Double Grids EA is available for a one-time payment of $149, and comes with a 60-day money back guarantee.
Free Download AW Double Grids EA
The AW Double Grids EA is a free download for Metatrader 4 (MT4) that trades double grids. The system is easy to set up and once installed, all you need to do is load the EA onto your chart and it will start trading automatically.
The EA uses a grid strategy which means it will place buy and sell orders at predetermined price levels above and below the current market price. The distance between the buy and sell orders (the grid size) can be set by the user. As the market moves up and down, the EA will keep adjusting the grid size so that there are always buy and sell orders placed.
The main advantage of using a grid system is that it takes advantage of both trending and ranging markets. In a trending market, the EA will usually make profit as the market moves in one direction and then retraces back towards the middle of the grid before resuming its trend. In a ranging market, the EA will take profit on both the upper and lower boundaries of the grid.
One thing to be aware of with this EA is that it can incur large drawdowns if there is a sudden move in the market. This is because all open positions will be closed at stop-loss levels which may be far away from the current market price if there has been a large move. However, this risk can be minimized by setting appropriate stop-loss levels for each trade.