Sequence EA uses Smart and dynamic algorithm that can reduce number of grids during breakouts reducing drawdown. Closed basket on GBPUSD in profit
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Our members took the trade and made big profit
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TRADE BTC/USD
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Our members took the trade and made big profit
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π΄ QUESTION
What is the recommended Balance using Grid EA's?
π΅ ANSWER
Grid type strategies require a sufficient Trading Capital to be able to withstand market moves that goes against the series of trades. In this type of strategy, only invest what you can afford to lose.
Requirements depend on the Brokerβs Account type & minimum Lot Size to trade.
We will outline below so you can check whichever works for you.
π΅ SCENARIO #1: STANDARD ACCOUNT
Your Trading Capital at least 3000$ (Balance β₯ 3000$)
πΆ STANDARD ACCOUNTS TYPE#1
Broker Min Lot Size = .01
To be able to trade 1 pair with a starting Lot Size of .01 you need the following:
Capital: 3,000$ or higher
Leverage: 300 or higher
β οΈ EA SETTINGS CHECK
When using the EA, make sure the following settings are:
(1) Fixed Lot Size is set to .01
(2) Max Lot Size is set to 2.00 or higher
πΆ STANDARD ACCOUNTS TYPE#2
Broker Min Lot Size = .10
To be able to trade 1 pair with a starting Lot Size of .10 you need the following:
Capital: 30,000$ or higher
Leverage: 300 or higher
β οΈ EA SETTINGS CHECK
When using the EA, make sure the following settings are:
(1) Fixed Lot Size is set to .10
(2) Max Lot Size is set to 20.00 or higher
πΆ NOTE
When using standard accounts, we recommend the βStandard Account Type#1β
This will allow you to trade more pairs are your balance grows.
Open an account to receive 15% rebates and over 120% deposit bonus!
Link: https://roboforex.com/forex-trading/trading/ecn/?a=fjbl
π΅ SCENARIO #2: CENT ACCOUNTS
Your Trading Capital less than 3000$ (Balance < 3000$)
If your capital is below 3000$, we recommend Cent Type account.
In cent type accounts, your Standard balance is multiplied by 100.
Examples
100$ is converted to 10,000C
300$ is converted to 30,000C
1,000$ is converted to 100,000C
CENT ACCOUNT MINIMUM LOTS
On cent account types, the Broker Minimum Lot Size is .10
REQUIREMENTS
Broker Min Lot Size = .10
To be able to trade 1 pair with a starting Lot Size of .10 you need the following:
Capital: 300$ or higher (300 is converted to 30,000 on your account)
Leverage: 300 or higher
β οΈ EA SETTINGS CHECK
When using the EA, make sure the following settings are:
(1) Fixed Lot Size is set to .10
(2) Max Lot Size is set to 20.00 or higher
ADVANTAGES OF CENT ACCOUNT
1) Can trade Grid Type EA as low as 300$
2) With minimal capital, you can forward test the EA and see how it works on Real Account. When EA passes your requirements then you can open a Standard Account later.
πΆ NOTE
When using cent accounts, we recommend the broker that has been tested by our members
Open an account to receive 15% rebates and over 120% deposit bonus!
Link: https://roboforex.com/forex-trading/trading/cent-account/?a=fjbl
What is the recommended Balance using Grid EA's?
π΅ ANSWER
Grid type strategies require a sufficient Trading Capital to be able to withstand market moves that goes against the series of trades. In this type of strategy, only invest what you can afford to lose.
Requirements depend on the Brokerβs Account type & minimum Lot Size to trade.
We will outline below so you can check whichever works for you.
π΅ SCENARIO #1: STANDARD ACCOUNT
Your Trading Capital at least 3000$ (Balance β₯ 3000$)
πΆ STANDARD ACCOUNTS TYPE#1
Broker Min Lot Size = .01
To be able to trade 1 pair with a starting Lot Size of .01 you need the following:
Capital: 3,000$ or higher
Leverage: 300 or higher
β οΈ EA SETTINGS CHECK
When using the EA, make sure the following settings are:
(1) Fixed Lot Size is set to .01
(2) Max Lot Size is set to 2.00 or higher
πΆ STANDARD ACCOUNTS TYPE#2
Broker Min Lot Size = .10
To be able to trade 1 pair with a starting Lot Size of .10 you need the following:
Capital: 30,000$ or higher
Leverage: 300 or higher
β οΈ EA SETTINGS CHECK
When using the EA, make sure the following settings are:
(1) Fixed Lot Size is set to .10
(2) Max Lot Size is set to 20.00 or higher
πΆ NOTE
When using standard accounts, we recommend the βStandard Account Type#1β
This will allow you to trade more pairs are your balance grows.
Open an account to receive 15% rebates and over 120% deposit bonus!
Link: https://roboforex.com/forex-trading/trading/ecn/?a=fjbl
π΅ SCENARIO #2: CENT ACCOUNTS
Your Trading Capital less than 3000$ (Balance < 3000$)
If your capital is below 3000$, we recommend Cent Type account.
In cent type accounts, your Standard balance is multiplied by 100.
Examples
100$ is converted to 10,000C
300$ is converted to 30,000C
1,000$ is converted to 100,000C
CENT ACCOUNT MINIMUM LOTS
On cent account types, the Broker Minimum Lot Size is .10
REQUIREMENTS
Broker Min Lot Size = .10
To be able to trade 1 pair with a starting Lot Size of .10 you need the following:
Capital: 300$ or higher (300 is converted to 30,000 on your account)
Leverage: 300 or higher
β οΈ EA SETTINGS CHECK
When using the EA, make sure the following settings are:
(1) Fixed Lot Size is set to .10
(2) Max Lot Size is set to 20.00 or higher
ADVANTAGES OF CENT ACCOUNT
1) Can trade Grid Type EA as low as 300$
2) With minimal capital, you can forward test the EA and see how it works on Real Account. When EA passes your requirements then you can open a Standard Account later.
πΆ NOTE
When using cent accounts, we recommend the broker that has been tested by our members
Open an account to receive 15% rebates and over 120% deposit bonus!
Link: https://roboforex.com/forex-trading/trading/cent-account/?a=fjbl
RoboForex
Trading on ECN account - speeds, spreads and pricing - RoboForex
ECN account type was created for professional traders, who require best possible trading conditions of all that are available.
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π΄ You can also use our Partnerβs Agent ID: fjbl
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π΄ You can also use our Partnerβs Agent ID: fjbl
RoboForex
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Trend Updates on 28 Forex Pairs
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Recommended Broker
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Recommended Broker
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Learn how to Trade Breakout Edge this way and make serious pips
Join our Group to learn strategies
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Join our Group to learn strategies
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Members buying this reversal and currently making profit on BTC!
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MT5 π https://bit.ly/3aWLBNw
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MT5 π https://bit.ly/3aWLBNw
Trend Updates on 28 Forex Pairs
MT4 π https://bit.ly/2JPI8Zn
MT5 π https://bit.ly/3l7DjZ7
Recommended Broker
π https://t.me/pipfinite/671
MT4 π https://bit.ly/2JPI8Zn
MT5 π https://bit.ly/3l7DjZ7
Recommended Broker
π https://t.me/pipfinite/671