Grid Master PRO is a very effective and profitable trading strategy developed especially for the GBPUSD currency pair. However, if it is used wisely it can be adapted and applied for almost any trading instrument. Grid Master PRO is the professional version of our very popular free EA – BF Grid Master EA. The minimum starting capital is $1000, The advised starting capital is $3000. Recommended time frame is M15.

We have implemented a lot of new additional features and systems in this PRO version in order to improve its overall performance. We have added 3 additional trading strategies in the Grid Master PRO which increase the total profit. We have added Advanced Time Management system, Notification System, Friday Exit System, Advanced News Filter and we have added additional parameters for making Grid Master PRO more flexible.

The grid based trading techniques are a very controversial topic in the trader’s community. The reason for this is the following – used properly with proper risk and settings, they can generate consistent gains relatively safe with performance incomparable with any other trading strategy. On the other hand in certain circumstances they fail dramatically. The key elements for the success of any grid based trading are the applied risk and the right entry and exit trading logic.

Grid Master PRO is designed to pick up the right moment for the initial market entry and for the following additional grid based recovery trades. The second safety line of additional trades is an unique feature, which is not present in any other grid EA on the market. This feature allows a safe “high frequency” scalping, when the price is in narrow range and as well a second line of distant drawdown compensating trades in case the market price breaks in the wrong direction. The second line of drawdown compensating trades is initiated only in extremely stretched in the “wrong” direction market, only after a very strong market reversal pattern is detected.

Probably, the safest way of using grid based trading strategies is to determine wisely the most probable trading direction and allow trading only in this direction.

Features

• The minimum starting capital is $1000
• The advised starting capital is $3000
• For accounts from significant importance, AutoMM greater than 0.1 is not recommended. This is the equivalent of 0.01 lots initial trade on \$10k account equity. In this case, the annual ROI (Return of Investment) can be expected in the 15-30% range
• The default settings are only for GBPUSD
• Recommended time frame M15
• The default settings can be classified as reasonably aggressive. Please, perform your own backtests and examine the way the EA works! If these settings are too aggressive for you, then you can try the conservative settings from here
• Recommended backtest method: M15 by every tick
• Fast backtest method: M1 open price

Money Management

Grid Master PRO comes with Money Management System. You can set a risk in percents and the robot will automatically calculate the lots according the risk and your account free margin.

Advanced News Filter

Grid Master PRO is equipped with Advanced News Filter. Thanks to this filter you can avoid trading during most important news and events. The news filter can increase the profit factor of the system and reduce the drawdown. It is disabled by default and you can configure it precisely.

This is very important! This is the only way the News Filter to work properly. The information for the coming News and Events is on our website and you have to give a permission to the MT4 terminal to allow connections to our website.

Advanced Time Management System

With the Time Management System you can precisely configure the robot to trade only during specific hours. You can also configure the robot to trade or not on individual week days. This is a very powerful option which will let you avoid the most dangerous periods and to trade the best periods when the robot shows best results.

Friday Exit System

We all know that sometimes it could be risky to trade on Friday because the trades may remain during the weekend and may be closed on big loss due to Monday gaps. Grid Master PRO has a Friday Exit system and you can configure the robot to close all trades on Friday evening at a desired time and to stop trading after this time.

E-mail and Push Notification System

Grid Master PRO will inform you about all actions performed in your account. It easy to set-up your terminal to receive these notifications. Grid Master PRO can send email and push notifications to your mobile phone and inform you about its trades. By default these options are disabled. Please read below Grid Master PRO Settings to learn how to enable Email and Push notifications.

Advanced Recovery System

Grid Master PRO is equipped with advanced recovery system which open additional recovery trades with high risk to compensate the initial losing trades.