What is Grid Trading? The essence of grid trading, as we practice it, is to catch and efficiently profit from price action as much as possible by creating ForexGridMaster automatic trading strategies that place buy and or sell trades according to a pre-determined plan that creates a grid pattern of trade orders. With price always going up and down, even when price action is trending, grid trading can automatically cash in many profitable trades in the run of a day.

In the past, the major complaint against grid trading CounterTrend strategies has been the accumulation of too many open trades in the negative which may eventually margin out the account. This does not have to be a problem.

When we developed ForexGridMaster and ForexTradeManager robots, we integrated many different settings that effectively eliminate accumulated negative trades to whatever degree the trader wishes.

ForexGridMaster enables transparent and very precise control of risk.

NEW - FGM Express and FGM Advanced have new Spike Protection settings MaxOrderPeriod and MaxOrderFrequency and also a new setting called ChartEquity which enables dividing trading account equity into sub-account allotments for Portfolio Trading and also Margin Protection. Here is an example demonstrating how the Spike Protection works, 2 price spikes and 5 CloseRuns. Click the image for full page view View the FGM Express Manual and FGM Advanced Manual to see all FGM Input settings and the descriptions of what they do.

FGM Advanced is FGM v5. We hear a lot about FOREX trading based on technical and or fundamental analysis and or sentimental analysis, but seldom do we hear about FOREX trading based solely on mathematical analysis. Grid trading is a mathematical approach that usually pays little attention to fundamentals such as news events, or to technical indicators, or to sentiment in the market place.

There are exceptions of course. For instance you can set up straddle grids around market price just before scheduled major economic reports come out to catch the price breakout up or down. After having traded and studied many grid trading robots and strategies for 3 years since , I clearly saw what was lacking, so in August, , I started creating my own grid trader, ForexGridMaster, aiming to build the perfect tool for but not limited to mathematically minded traders to create much more stable and consistent automatic trading system strategies.

In all my years of trading, I have found that the simpler the approach is, the more effective and enjoyable it can be, and math based automated grid trading strategies fit that ticket very well for me.

I prefer to work with probabilities based directly on price action and to skip the usual predictive methods using indicators and price patterns. I had years of experience with those too. Make no mistake about the fact that the forex market is much more random than you think and also heavily manipulated by the central banls and large institutional traders in collusion with those banks.

They move the market whenever they like in whatever direction they want. ForexGridMaster automates grid order spacing and spacing step, number of trades placed and allowed open at any one time, lot size, lot size increase percent, lot size increase percent step, order take profit targets and steps, stop-losses, trail-stops on individual grid orders or groups of orders, profit pips before trail stop, trail stop pips, and much more.

FGM also uses automatic CloseRuns, optional automatic HedgeGrid settings integrated with MainGrid settings, and Time and Day settings. In fact the HedgeGrid settings can not only be used for hedging, but also to create a second grid trading on the same chart and currency pair, very powerful. ForexGridMaster YouTube Channel - Videos of ForexGidMaster trading - Best to reset the YouTube viewing quality to p or better in Settings at the bottom right of the video screen to see important details clearly.

The 41 minute video shows FGM trading its default audnzd strategy in fast forward mode paused here and there for explanations for a full year up to the day the video was made.

Intraday Open High Low Strategy -Live Signals - Trading Tuitions

It profits on average, 7. FORO is introduced in this video as well. The 51 minute video goes more into detail about FGM and strategy testing.

MainGrid setup - To create a very simple basic BuySell Trend grid strategy as an example, to trade the EURUSD, presently priced at 1. If FGM Express settings When the ForexGridMaster settings above have been chosen and you click the "OK" button, then FGM is initiated into trade on the first tick price move, and places the above grid of trades quickly and automatically.

This would look similar to the image of the FGM v3. Also FGM v5 introduces new optional settings OpenBuyAtCurrentPrice and OpenSellAtCurrentPrice to enable an immediate open buy or sell at current price when a new grid Run starts.

Once the grid of pending orders has been placed , price may move up quickly or slowly or it may move straight down. If price moves up to 1.

If price moves 70 pips up from 1. If the price then turns and moves down as far as 1. Trades that are closed out are replaced by new pending orders. This grid can trade indefinitely above and below the MovingCenter price depending on account equity, lot size chosen and the range of price movement. The example above is very basic. There are actually an unlimited number of settings combinations and values that can be set when creating grid strategies, including the HedgeGrid settings for hedging or trading a second grid on the same chart and currency pair simultaneously with the first grid and both combined being controlled by the CloseRun settings.

Visit the ForexGridMaster forum for more info on strategy development. FGM Trial and Full-version owners have access to the forums FGM Strategy Development FGM Back-testing and Optimization FGM Money Management Methods The ForexGridMaster story - In the fall of after trading s of FOREX trading systems since that did not produce the results I was looking for, I decided to create my own system.

At that time I was experimenting with many MT4 Expert Advisors, most of which were automatic trading system robots, and I was convinced that I was on the right track. I had also discovered grid trading systems earlier that year, and was fascinated with the idea of using robots to "carpet bomb" the market to take as much profit out as possible, but at lower risk compared to standard methods of trading.

I quickly learned that the key challenge to grid trading systems was how to handle accumulating negative open trades.

The grid trading robots that I was using at the time did not have the features needed to handle that aspect of grid trading well enough, so I set out to solve that problem and also create a versatile robot that could trade an unlimited number of strategies. Over the next few years I worked at accomplishing the above goals.

It became crystal clear to me that I was on the right path and that the key to successful grid trading is to have the proper tools and to apply simple mathematics, working with the statistical behavior that is always in the FOREX market.

Price always goes up and down and it never has not done so. Price always ranges more than it trends and it has never not done so. Even trends always include retracement fractals, and a percentage of ranging within them.

So it is a matter of math and statistical analysis combined with optimal risk and money management that is needed. My Experience - In up until October 4th, it was easy to trade a Buy grid and a Sell grid simultaneously with as little as a 3 pip grid order spacing and LotSizePercent setting of 0.

I thought I had it made.

I was basing my settings on the fact that the EURUSD, as one example, was averaging about a pip range per day and had been for years altho it averaged pips for the 6 months previous to Oct , and extremes were generally less than pips per day Oct 4th the EURUSD range was pips. After October, we had many days above pips. At that time I actually stopped trading and focused entirely on getting my robot finished with the new features I was adding, as I knew the need and opportunity had increased for such a robot.

I had lost one programmer and decided to learn MQL4 myself, which I struggled with for months doing other things in my life too and then realized it was taking too long, so I found another programmer for the job, this time close to home. After a month or so that didn't work out either, and then I approached FerruFx, developer of the Probability Meter, a popular MT4 indicator. He was good to work with and continues to increase his skills.

He programmed ForexGridMaster versions 1. That programmer basically retired and v3. Then after a while I wanted more settings, especially a HedgeGrid system combined with the MainGrid system. Then I hired several different programmers, one after the other, none of them qualified enough to do the job correctly, and so a couple years went by where I had spent a lot of money and energy only to end up with a robot worse than what I had to start with.

Finally, Gendec Design came back to rescue me and the project, and now another 2 years down the road, as of August 7, , we not only have a solid Industrial Strength coded FGM v5.

As to the real potential for robot trading profits, here are the proven results from the world Automatic Trading Championship run from Oct 1 to Dec 26, at http: All the accounts and trading were totally transparent and the interviews with the winners are very well worth reading.

I point this out, because some of the top winners were using software that optimized settings automatically as the robot traded. As I said already, this I intend to accomplish as well. If there are any math enthusiasts reading this, then I think you would very much like ForexGridMaster and its mathematical challenges and opportunities.

Grid Trading - The Hedged Grid System - Forex Opportunities

Setting up hedge grids - This is one of my favorite strategies that I trade on the EURUSD or USDJPY. This strategy holds up well over a pip range in a generally ranging market. Trade a Buy-Trend grid on one EURUSD chart and a Sell-Trend grid on a second EURUSD chart. I normally use 1 minute charts for small grid intervals and also setup a third EURUSD chart for observing the bigger picture by flipping between the time-frames M5, M15, H1, H4, D1, and W1 on the third chart.

The three charts I tile vertically. When watching the price action, sometimes I use the grid order spacing of 3, which is a fairly high risk setting. You may want to start out with a grid order spacing of 5 or even much larger maybe higher lot sizes to match.

There are a lot of variations on this main basic strategy. You can also use strategies that use the ProfitPipsBeforeTrailStop and TrailStopPips settings to withstand strong fast trends out of your grid range. EURUSD is trending upwards strongly out of the pip range that you chose settings for, so if you have flexible take profit targets because you use these 2 settings, then the accumulating losses due to increasing negative sell orders, are better offset.

Another variation is to simply limit the number of open trade using TotalOpenBuyTrades and TotalOpenSellTrades. If you take the time to experiment with the various settings and combinations of settings, you will soon see the significant advantages of grid trading, especially with ForexGridMaster. I also think that the big trading banks almost entirely grid trade and constantly extract enormous sums out of the FOREX market daily.

They do have the added advantage of being able to dump billions into the market whenever they wish to change the price direction and or cap the grid ranges that they are trading. Another method is to expand the grid order spacing by stepping up each spacing interval away from grid center. FGM Express Manual FGM Advanced Manual. Recommended FOREX Brokers For non-US citizens.

For US citizens Coming Soon - Ask. Best VPS Providers Data-centers in SDCA, NYC, UK. Best MetaTrader Tools PowerTradeCopier 4xTraderTools. Trading forex, gold or silver, or any financial instrument is speculative in nature. Therefore, only risk capital should be used.

Forex trading is not appropriate for all investors. You should carefully consider whether such trading is appropriate for you based on your financial situation, investment objectives, and risk tolerance. Every investor should consider all advice and all offerings of products and services on their own merits and for suitability to the investor's personal needs and circumstances.

Home About FOREX Trading Strategies Performance Purchase FGM Resources FGM Forum Contact. ForexGridMaster Strategy Development What is Grid Trading? Top 50 participants at least doubled that money Top 33 at least tripled it 5th place finished with Subscribe to FGM Newsletter and receive for FREE ForexTradeManager EA. Best Trading Platform MetaTrader 4.