Recruitment of participants Bawaba Grid Scalping MT5

Bawaba Grid Scalping MT5
V1.0


Introduction and Description
Bawaba, from the Arabic word for "Grid", is a grid-based scalping robot for FOREX currency pairs. It has adjustable stoploss and takeprofits, as well as the possibility of having a fixed volume or adapting to the account balance. Grid scalping is when a grid of orders is created by increasing and decreasing prices incrementally above and below a set price.

Below is a list of the different characteristics of the expert advisor:

• No Martingale.
• Grid scalping and trading.
• Stoploss and Takeprofit.
• Trailing stoploss available.
• Multicurrency trading compatible.
• Dynamic and Fixed lots.

The traded account should be in accordance with the following requirements:

• Maximum Spread of 10 on the traded pairs. (The more the spread, the lesser the profits). Spread can be variable.
• The broker has to allow grid trading, which most of brokers do not allow.
• Minimum balance of 2000 USD.

While the EA can trade on most currency pairs, we HIGHLY suggest using EURUSD as per backtest results.

The EA only trades on the timeframe H1, which is forced even if the chart is not in H1.

Each EA settings can be explained via DM, buyer might also receive PDF explaining settings if needed.


Results
The EA has been tested on 100% accuracy previous data (provided by DUKASCOPY and country's central bank). You may find all results on the screenshots.
Live account will soon be launched using this EA and live results will be available after asking in DMs.


Additional information and Contact
An expert advisor configuration file can also be created on demand after buying the product. Default inputs are suggested. Please ask via DM for explanation PDF.

Any contact can be made using MQL Market DMs. Commercial partnerships as well.

Account management services are also available.

Bawaba is only sold on the MQL5 market. Any reproduction or claim to be selling it elsewhere is fake and illegal.




dll msimg32

 

We all probably know that grid is dangerous and that it will blow your account, but this ea seems to have a SL, so it isn't that dangerous.
Backtest results looks great.
I think it's good to start this ea with a cent account and see how it goes.

 

Tested it on a roboforex pro cent account, it doesn't work, because the spread is too high.
Also, the settings of money management doesn't work, the ea will decide what lotsize you will trade.
So it will only work if you can find an broker that offers an cent account with spread < 10.
Anybody know if there is such an broker?

 

So we need to have a low spread broker for sure. (also said by the descirption). It's very important.
- For cent account, I found teletrade-ecn-cent or maybe hf markets.
- For real account, can use any low spread broker, like icmarkets, tickmill / roboforex (ecn or prime) etc.

 

@GOODMEN the price is now 125 (promotion). Can we decrease the number of participants?

 

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