62# Grid Trading
Grid scalp intraday
Trend Trading with grid levels
Submit by Dimitry
Grid Trading is a strategy based on grid it' is a trend following system (grid trend).
Currency pairs. Majors.
Time frame 5 min, 15 min, 30 min.
Daily open line.mql4
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Udinefx RN clear levels.mql4
UFX TREND multiMeter.mql4
Trading Rules Grid Trading
Once an hour put the pending orders at the price 00, 0.1, 0.2, 0.3,0.4, 0.5,
0.6, 0.7, 0.8, 0.9
• We trade only in the direction D1 candles
• Trtade only if the last candle H1 coincides with the direction of D1
• Starting with the opening of trading in Frankfurt, finishing after 2 hours
after opening New York
• At the opening of the Frankfurt trade only levels of 0.4, 0.5, 0.6
• Do not sell at 0.1 and 0.9 do not buy
• Take Profit 5 points or (aggressive 9 pips), stop loss 10 points
• Translation of the position to breakeven after 3.5 pips. Also at
3.5 points trailing stop is activated. Control is performed automatically
• Prior to the ADR boundaries must be at least 10 points
• Do not trade for an hour before and half an hour after the important news
• Goal - 10 points on the day, then stop trading (TC poster board)
• If the price has already passed adr, will no longer trade on this day
• We sell only the first level crossing.
In the pictures Grid Trading in action.