Information about Aeron Grid
Aeron Grid have very sophisticated trade logic in our EA. Following are some points which states that this EA is not risky:
- Our EA sets SL & TP to each position, while in normal grid trading, trader does not set SL/TP and keeps positions untill they become profitable. While our EA always sets SL/TP to each position so your account will never crash.
- This EA doesn't create too many positons same time; normally after 1-2 positions it starts closing them so account remains safe with low drawdown.
- You can allocate the amount (i.e. part of your account balance) to this EA, and EA will use only that amount in its calculations. So for big accounts you don't need to be worried. Say if your account has $50,000, then you can allocate $4000 to this EA. EA will not touch remaining amount.
- If you don't want to trade 24 hours, and want to trade only between certain hours, then you can specify your trade hours in this EA.
Beside these there are lots of parameters that are well customizable by a trader. Moreover you can say that this EA is fully customizable by you.
Some salient features of Aeron Grid EA
- EA setup is very simple and you will get full assistance from our side.
- This EA is for everyone, whether you are professional or new trader, you can make profit from our EA.
- You can set it and forget it. No need to worry about your account, your account is in safe hand. EA will take care of your account.
- This EA is completely automatic. It automatically decides lots size, and automatically choose settings for 4-digit and 5-digit broker. Yes! it is self adjustable for 4-digit and 5-digit brokers.
- This EA has full risk/money management. We are professional Forex traders, we know well about risk involved in Forex market. So we have designed our EA by taking all these things in our mind.
What kind of trading platform is required for Aeron Grid EA?
Metatrader 4 terminal (MT4) is required.
Can this EA be used with every broker?
Yes, this EA can be used with almost all brokers, who provides MT4 terminal for trading and allows hedging.
Can I use this EA with ECN broker?
Of course! EA works well on ECN broker's MT4.
What currency pairs are suitable for this EA?
We suggest to use on EURUSD, although EA can be used on almost all major currency pairs.
What Timeframe is good for this EA?
We recommend Hour-1.
What leverage should I have in my account?
Account can be of any leverage for this EA.
What is the trade frequency of this EA?
You can expect approx 1-3 trades a day, but it is not necessary.
Can I close my computer after setting up my EA?
No, computer and internet must be turned ON all time, otherwise EA stops working.
Is there any minimum amount required for this EA?
You can trade with as little as $100 only, but for this you should have a cent account. As soon you start EA on your MT4, it warns you if you have insufficient fund for this EA.
Spreads are wider than usual in my MT4, is this a problem with this EA?
Tight spreads are good for good results, but if spread goes higher sometimes and not always, then it is ok, you can run EA.