UltraFX uses a modified grid algorithm with a function of synchronous hedging of the main orders grid. When the market moves against the initial position, the EA forms a grid at the same time opening opposite orders, which follow the trend and have fixed profit. This algorithm enables to significantly increase the EA’s profitability, decrease trading drawdown, and cut margin requirements to deposit by means of opening opposite positions.
Currency pair: GBPUSD;
Quotes: 4, 5 digits;
Operating hours: 24/7.
Lot â€ initial lot of the first order;
Scale â€ lot multiplier for subsequent orders;
Step â€ step of trades;
TakeProfit â€ closing orders per total profit;
Trailing â€ trailing stop activation;
TrailStart â€ trailing start;
TrailStop â€ trailing step;
EquitySave â€ equity control activation;
EquityRisk â€ stop per equity,%;
Slippage â€ allowed slippage when an order is opened;
Magic - magic number for long positions (Buy);
_Magic â€ magic number for short positions (Sell).
Recommended deposit: from $1000 ($10 for cent accounts);
Lot: 0,01 per 1000 units of base currency;
Two- or threefold increase of the initial lot is allowed when boosting deposit;
Don’t be greedy and draw out profit when deposit is doubled;
Below, I provided a video explaining the EA’s operational principle and reports about various trading models: from classic one with a small risk to aggressive which is able to increase you deposit enormously for a short period of time. But remember that hyper-profitable aggressive trading involves a high risk and is recommended to use only for initial deposit boosting.
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