Market Grid Maker 2 for MT4 is an expert advisor that automates trading by opening and closing orders based on price movements. It features manual and automatic order placement, a lot multiplier, trade info display, push notifications, and is compatible with FIFO brokers. Ideal for traders seeking efficient market entries.
Advantages of Market Grid Maker 2 for MT4
The Market Grid Maker 2 Expert Advisor (EA) for MT4 offers a plethora of advantages that cater to both novice and experienced traders. Here are some of its key benefits:
1. Automation of Trade Management
One of the standout features of Market Grid Maker 2 is its ability to automate the opening and closing of orders based on price movements. The EA will open necessary additional orders for you, even when you’re not at the terminal, ensuring timely trading decisions.
2. Multiple Order Types
The EA supports manual opening of various types of orders, allowing traders the flexibility to implement their strategies effectively. This feature complements the automated system by providing a more hands-on approach when desired.
3. Advanced Grid Trading Features
With the ability to set lot multipliers for open orders, traders can manage their risk more efficiently. The EA can open grid orders based both on profits (GIP) and losses (GIL), offering versatile trading strategies to capitalize on market trends.
4. Comprehensive Trading Information Panel
The built-in trading information panel displays vital statistics, including previously closed orders, profit/loss calculations, and general trading information, which helps traders make informed decisions in real time.
5. Customizable Alerts and Notifications
Traders can set push notifications to alert them when prices cross specified signal lines. In addition, the EA features four built-in sound schemes, or users can upload custom sound files for alerts, ensuring they never miss critical market movements.
6. FIFO Compliance
The EA is designed to work with brokers that operate under the FIFO (First In, First Out) rule, making it suitable for a wider range of trading environments.
7. User-Friendly Interface
Market Grid Maker 2 facilitates an intuitive trading experience, complete with graphical elements that allow users to easily manage lot sizes, distances for pending orders, and access various trading functions with just a few clicks.
8. Flexibility and Versatility
With options to display trading information directly on the chart, including price signal lines and customized alert settings, traders can adapt the EA to their unique trading style and preferences.
9. Free Demo Version
Traders can test the capabilities of the EA through a free demo version that operates on the EURUSD currency pair. This is an excellent opportunity for users to familiarize themselves with the EA’s functionalities without financial commitment.
In summary, Market Grid Maker 2 is a robust trading tool that effectively automates various aspects of trading while providing flexibility, customization, and continuous market engagement—ideal for any trader looking to enhance their trading strategies.
To get started with the demo version, visit: Market Grid Maker 2 DEMO.
https://youtube.com/watch?v=PxpIub6kXWY
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