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Griders Grid Expert Advisor Review

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Griders was first uploaded to the MQL5 marketplace on the 29th of March 2020 by its creator Teuan Urusov, it has not received any updates since being uploaded to the marketplace so it is still at version 1.0 of the software.

Overview

Griders is an expert advisor that was created for use with the MetaTrader 4 trading platform, the EA will open up trades in both directions with a specific step between trades and with specific take profit levels. The EA uses a grid-based system that automatically adjusts itself when new orders are opened, it also provides an option for closing older trades as the lot sizes increase.

There are some parameters and settings that come with the EA, these include balance targets, grid step sizes, profit goals, slippage, magic numbers, and more.

Service Cost

The Girders EA can be purchased from the marketplace for $99, this is a one-off payment that will get you up to 25 activations of the software with no further limitations. If you would prefer, there is also the option to rent it for various amounts of time. For a monthly period, it will cost you $29 per month, for three months it will cost you $39, for six months it will cost you $49 and for a one year period, it will cost you $59 for the year.

A free demo version is also available, this is limited to only being used with the strategy tester within the MT4 platform rather than on a live account.

Conclusion

There are no user reviews or comments for the EA, meaning we do not know whether people are finding it profitable of it is doing what it is advertised to do. There is one comment from the developer who is adding some additional settings to use with the EA, this shows that it is still being supported which is a good sign to see.

This Forex Indicator is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/47692

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