I have seen at leat 50+ grid martingale accounts blow up, so I would like to remind people that make sure to withdraw your profits, Grid martingale EA are high risk, because market will surprise you.
http://www.mql5.com/en/signals/45973
$2500 0.01 lots Grid martingale EA
profits : 900% in 1.5 year
Withdraw 400+%
Now, Its equity stop on 2 pairs now and loss 60% and still have one more pair with big drawndown which might burn all remind money.
http://www.mql5.com/en/signals/47256
$3000 0.01 lots Grid martingale EA
Profits: 900% in 9 months
withdraw: 200+%
It is near blow up now with 50% DD, It is still fighting with the market using couple hedging trades but market is even more tricky to catch it back to high DD.
I look at this 2 EA, They are typical as older fashion grid martingale EA, Both of them running mulitple pair instead of signal pair, It might be the key of winning.
When I learn basket trading, I knew that forex 28 pairs sum is almost zero = 0, When One pair up, it has to make one pair down, Smart money using this to manipulate market for profits. there are 8 major currency, Sum of them = 0. When One currency up by 100 pips, Other currencies have to lose sum of 100 pips.
Someone say that there are 80% range market and 20% trend market, Typical Grid martingale EA are counter trend EA and love range market, My point is that, we should run this EA with multiple pair of all 8 major currency, Withdraw profits, and I think that once equity stop trigger, it should close all trades and pause new trades open for that pair and wait for us to check that why it going on.....
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