While every recovery situation is a little different (downdraw, market conditions, currency pairs, etc), we have included a graph showing the recommended input settings based on the currency pair you are recovering.
As always we recommend back testing the EA first, so that you can get an idea of how the bot works and make any modifications to the settings to fit your style or risk preference.
Grid Recovery SETTINGS:
Currency Pair | Trend Filter | Grid Step | Grid Step Multiplier |
---|---|---|---|
EUR/USD, AUD/CAD, etc (low volatile pairs) – LOWER RISK | True | 150 Points | 1.1 |
EUR/USD, AUD/CAD, etc (low volatile pairs) – AGGRESSIVE | False | 150 Points | 1.0 |
EUR/USD, AUD/CAD, etc (low volatile pairs) – VERY AGGRESSIVE | False | 100 Points | 1.0 |
GBP/USD, GBP/JPY, USD/JPY (more volatile pairs – LOWER RISK | True | 200 Points | 1.1 |
GBP/USD, GBP/JPY, USD/JPY (more volatile pairs – AGGRESSIVE | False | 200 Points | 1.0 |
GBP/USD, GBP/JPY, USD/JPY (more volatile pairs – VERY AGGRESSIVE | False | 150 Points | 1.0 |
XAU/USD (GOLD / USD) – LOWER RISK | True | 250 Points | 1.1 |
XAU/USD (GOLD / USD) – AGGRESSIVE | True | 200 Points | 1.1 |
XAU/USD (GOLD / USD) – Very AGGRESSIVE | False | 200 Points | 1.1 |
Indices CFDs (US500, US30, etc) – LOWER RISK | True | 2500 Points | 1.1 |
Indices CFDs (US500, US30, etc) – AGGRESSIVE | True | 2000 Points | 1.1 |
Indices CFDs (US500, US30, etc) – VERY AGGRESSIVE | False | 2000 Points | 1.0 |