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For example, a forex trader could put buy orders every 15 pips above a set price, while also putting sell orders every 15 pips below that price.
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Mt4 robot yazmak Advisor which.While losses are controlled by the sell orders, also equally spaced, by the time those orders are reached the position could have gone trading easy from profitable to losing money. For this reason, traders typically limit their grid to a certain number of orders, such as five. For example, they place five buy orders above a set price. If the price runs through mt4 robot yazmak all the buy orders they exit the trade with a profit.
This could be mt4 robot yazmak done all at once or via a sell grid starting a target level. If the price action is choppy it could mt4 robot yazmak trigger buy orders above the set price and sell orders below the set price, resulting in a loss. Ultimately, the strategy is most profitable if the price runs in a sustained direction. The price oscillating back and forth typically doesnt produce good results. In oscillating or ranging markets, mt4 trading simulator pro download against-the-trend grid trading tends to be more effective.