Forex advisor 2018 – Mactor grid
Grid trading in the Forex market is one of the most popular areas of trading, because this particular style does not require in-depth market analysis, much less accurate market forecasting.
However, the price for using detailed strategies is an extremely high probability of drawdown and no less high risks of completely draining the deposit.
In order to minimize risks, traders change the concept of grid advisors so that the grid itself becomes not the basis of the strategy, but only money management, which can significantly increase the effectiveness of the strategy.
Mactor Grid is a fully automatic trading expert for forex, which is based on an indicator strategy based on MACD using a grid of orders as money management.
A notable feature of Mactor is the depth of its settings, which allows you to adapt the robot to any trading assets and time frames.
And also the possibility of two-way trading, when the robot can implement the grid in both directions depending on the received strategy signal.
Installing the Mactor advisor
The Mactor advisor is a completely new development, since the date of creation and publication of the robot on the official website of the MT4 developer, namely in the library, dates back to 2018.
This grid is distributed completely free of charge; moreover, after it has been published in the library, you have two ways to install it, namely either through the library or through the data directory.
To install the advisor through the library, launch your trading terminal, and then move to the “Terminal” panel, where you can find up-to-date information on open and closed transactions.
Open the “Library” tab and do a simple sorting so that only advisors are displayed in the list.
Find Mactor experts in the sorted list and download it using the additional menu as shown in the image below:
If installation via the data directory causes any difficulties, you can always resort to the standard scheme.
To do this, you will need to download the advisor at the end of the article, and then drop it into the advisory folder of the data directory in your MT4, namely the folder called Expert.
After the installation is complete, be sure to update your trading terminal in the “Navigator” panel or simply restart it, since otherwise the robot will not appear in the list of advisors.
In order for the robot to start trading, simply drag the name of the expert onto the chart.
Trading strategy.
Settings The Mactor advisor is based on an extremely simple trend indicator strategy, which is perfectly complemented by bringing orders to profit using a grid.
Thus, the Mactor robot uses the standard MACD indicator in its strategy. Initially, it determines the trend on the daily chart, and then considers signals from the same MACD on the current time frame, while eliminating false trades against the trend.
If the trade goes towards a loss, the grid trading principle is activated.
So, in the Stop deposit variable, you can limit the potential risks of trading with grid experts by specifying the deposit size, upon reaching which, in the event of a drawdown, all orders will be automatically closed.
The Trade start hour variable allows you to specify the start time of trading, and the End hour of trade variable is responsible for the end time of trading.
The Specific profitability variable allows you to specify the profit per unit of deposit, and the Max orders with SpecProfit variable allows you to set the maximum number of transactions that will be closed simultaneously upon achieving profit.
The TakeProfit variable is responsible for the size of profit in points for each position, and the Step for next order variable is responsible for the distance between orders when constructing the grid.
Use martingale allows you to enable or disable the martingale, while in the Max Lot variable you can limit the maximum lot.
In the Deposit percentage variable you can specify the percentage of risk that will be taken into account when calculating a dynamic lot. The Macd Trend TF variable allows you to set the time frame by which the advisor will determine the trend.
Testing the robot
The author of the advisor claims that before starting a test on a demo account or cent account, it is necessary to optimize three variables - Step for next order, TakeProfit and Specific profitability.
We followed the development recommendations and optimized the necessary parameters, after which we received the following trading results for 2018 on the hourly chart of the Euro/Dollar currency pair:
In conclusion, it is worth noting that the Mactor advisor is a very promising robot; moreover, thanks to its flexible system of settings, you can squeeze maximum profitability from the expert and optimize it for almost any deposit size .
Download Mactor advisor