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- Forex Robot Review
- Metatrader 4
- Experts
- MyGrid Scalper Ultimate
Profit:
-7.87$
Traders:
64
(42/22)
Most Profit Trade:
17.06$
Most Loss Trade:
-32.86$
Profit Factor:
0.43
Average Loss:
-10.69$
Overview
The MyGrid Scalper Ultimate is a robust Forex trading robot designed for Forex, Commodity, Crypto, and Index trading. This platform is a paid version of the MyGrid Scalper EA and has been successfully utilized by thousands of users.
Advanced Grid System
The MyGrid Scalper Ultimate employs an advanced grid system, which has already shown impressive results in real accounts managed by users of the free version. Users interested in trying out this Forex trading software are advised to first test the free version to get a feel for its capabilities.
Features of MyGrid Scalper Ultimate
This Forex trading robot is equipped with a variety of features designed to enhance your currency trading experience. These include various lot modes such as Fixed Lot, Fibonacci Lot, Dalembert Lot, Labouchere Lot, Martingale Lot, Sequence Lot, and Bet 1326 System Lot.
It also offers an automatic lot size feature and the option to manually set your Take Profit (TP) or use the Average True Range (ATR) for TP and grid size. The EMA setup and drawdown setup enable you to monitor your drawdown by money or by percentage. Furthermore, it performs margin checks and filters and allows for trading session filters.
Installation and Requirements
The MyGrid Scalper Ultimate can be attached to any timeframe chart and any pair, making it a versatile tool in automated Forex trading. The default setting is for XAUUSD, but it can be adapted to work properly for any pair by adjusting the TP. The EMA setup can be maximized by changing the value according to your strategy.
For successful operation, the trading robot requires $1000 for Lot 0.01 and can run on a PC/Laptop or a VPS. It is highly recommended to use a VPS for best performance.
Managing Risk with MyGrid Scalper Ultimate
The Forex trading software provides a variety of settings to manage risk. It allows for dynamic lot settings based on balance/equity, maximum gridding order, maximum spread, and maximum slippage. Furthermore, it has a trading filter for market sessions and a minimum margin level feature to prevent opening trades when the current margin level is too low.
Strategy and Grid Settings
MyGrid Scalper Ultimate allows for the setup of an EMA for signal, trend, and timeframe for the EMA indicator. You can use a manual TP value or use ATR for dynamic TP. The grid size is auto-calculated, and the maximum gridding order can be set to limit the number of open grids when in a loss position.
FAQ Section
Where can I watch independent testing of MyGrid Scalper Ultimate?
For independent testing results, you can visit the forexroboteasy.com website. You can also subscribe to updates on the testing results of this product.
Absolutely! Sharing your experience with the MyGrid Scalper Ultimate can be beneficial to other traders looking for a reliable Forex trading robot. Your insights and feedback are valuable.
This review is independent and aims to provide accurate and comprehensive information about the MyGrid Scalper Ultimate. It is not associated with the product or its creators.
Does the MyGrid Scalper Ultimate require a specific trading platform?
No, the MyGrid Scalper Ultimate is designed to run on any trading platform, making it a versatile choice for traders with varying preferences.
Overall, the MyGrid Scalper Ultimate is a robust and reliable tool that can aid traders in navigating the ever-changing Forex market trends and achieving their trading goals.
EASY Scalperology Bot
Update: 8 Nov 2024
Trading Conditions by EASY Scalperology Bot
Leverage:
100
Account type:
Live
Profitable by EASY Scalperology Bot
Profit:
-0.51%
AVG Daily:
0$
Deposit:
1400$
WithDrawal:
0$
Current Balance:
1392.85$
Profit:
-7.15$
Trading Conditions by MyGrid Scalper Ultimate
Leverage:
100
Account type:
Live
Profitable by MyGrid Scalper Ultimate
Profit:
-0.57%
AVG Daily:
0$
Deposit:
1372$
WithDrawal:
0$
Current Balance:
1364.13$
Profit:
-7.87$
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MyGrid Scalper Ultimate Review: Powerful Forex Trading Robot
forexroboteasy.com
Write review
Turbocharger007
1 review
Review: MyGrid Scalper Ultimate - Unbeatable Forex Trading Software
In addition to this, the developer went above and beyond by providing me with another EA software at no extra cost. This gesture was highly appreciated and the new software has proven to be quite effective. I am grateful for the developer's assistance and generosity. However, I must point out that the free EA software only functions on demo accounts. This was a bit disappointing, but I understand that it's a common practice in the industry. One aspect of the software that I've noticed is that regardless of the settings, it tends to secure small profits while allowing losses to accumulate. This can lead to a significant drawdown if not monitored closely. Even when I adjusted the Max Drawdown (DD) setting to a larger value, the software still seemed to prioritize small profits while allowing larger losses. This can be quite risky, especially if you're not constantly monitoring your trades. It's like a ticking time bomb that could potentially wipe out your account if the losses get too large. Despite these issues, I still appreciate the developer's efforts and the quality of the software. The developer's responsiveness and willingness to help is commendable. I believe with a few tweaks and improvements, this software could be a great tool for forex traders. In conclusion, while "MyGrid Scalper Ultimate" has its challenges, the developer's support and the potential of the software make it worth considering. Just be aware of its tendency to let losses run and ensure you're comfortable with the risk before using it on a live account.