Product Description

VelociRaptor Grid EA

Currency pairs: EURUSD, AUDUSD, N’DUSD, USDCAD, AUDJPY, EURJPY,
EURGBP, AUDCAD, GBPCAD, N’DCAD, EURAUD, AUDN’D, EURCAD
Timeframe:M15, H1
Trading Time: Round-the-clock
Description: Multi-currency advisor based on a modified version of the Martingal system with additional averaging function. The EA builds a grid from the group of orders (opens a new position, if the previous drawdown appeared) up to the closing of all positions at once in profit or break-even.
Stop-Loss is not used in the system, so there can be no separate fixation of losses.
The distinctive feature of VelociRaptor Grid is that it opens another new position not with a certain step of the grid, as is customary for most advisors, but at the opening of each new candle, if the distance to the previous order is no less than specified in the settings, so each time a dynamic grid of orders is created.

How to set the risk you need:
For example, you want to set a pair of AUDJPY risk of 10%. Open the attached Excel table. We put in column X
10%, the balance for A uto_MM changes by 14,200. This means that you need 14,200 units to trade on the minimum lot of 0.01.
If your balance is 50,000, the first order will be opened with lot 0.03, as you can see from the G

column Since a large number of pairs are involved in the trade, it is recommended that when a significant drawdown is displayed, manually stop trading inactive pairs (StopTradeAfterTP) to reduce the risks of its increase when news is released, as well as avoid correlation.

Recommended brokers’ accounts:Alpari (ecn, pro.ecn), FortFs (Flex), Roboforex (pro, pro ndd), Forex4you (NDD, STP).
Leverage: 1:500 and
aboveMaximum spread: No more than 6-7pp in minor pairs (AUDN’D, EURCAD, etc.).
StopLevel/FreezeLevel : No more than 5 points.
The risk size per pair:15-20% for conservative trade, 20-30% for increased risk.

https://www.myfxbook.com/members/ReVeR27/velocigrid-314-myenlightenment/2349970

https://www.myfxbook.com/members/Merlin777/velocigrid-tradelikeaproru/2748079