Description:
When it comes to trading, understanding the dynamics of your strategy is key. The Grid trading method can be a goldmine in a sideways market, but it can turn into a real headache when trends start moving. Think of it like fishing: sometimes you need to reel in your catch and reset your line to catch the big one later.
Introducing the AIGrid System with Manual Control. I developed this trading system back in 2009, and I'm excited to share it with my fellow forex enthusiasts.
Here's how it works:
As you can see in the typical grid graph, there are times when you might want to close all your positions. If you don't, you could find yourself in a storm, just like a fisherman caught in rough seas when the trend shifts:
In a trending market, consider using a larger grid size and choosing to trade either long or short:
The latest version, V0.02, comes with a handy Close All feature that includes an equity control function, though it’s set to 10% disabled by default.
Rest assured, this system is compatible with ECN brokers, as it supports all limit and stop orders.
It also automatically adjusts for 4/5 digit brokers, with a default grid size set at 20, which translates to 20 points on a 4-digit broker and 200 points on a 5-digit broker:
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