Here is a very good ea. It uses grids that can be adjusted. It works by placing an equal set of grids around the starting point. The price will eventually move in a direction. The only drawdown is if the price is stuck in a range and you run out of equity. Thats why its very important to use small lot sizes. This ea will will never loose as long as you have enough free margin in your account. I recommend using a grid size of at least 200 points(20 pips).Use small lot sizes. Use it on a broker that allows hedging and also high leverage. Please share your comments and results on this forum.
Linkback: https://www.forex.zone/mt4-mt5-eas/7/m-grid-ea/43/