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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

One major issue with trading grids is their vulnerability to significant market trends. While there can be extended periods without strong trends, it's essential to recognize that they will eventually happen. This grid strategy aims to address this challenge by gradually increasing both the volume of trades and the spacing between positions. The two by two grid is designed to endure more substantial trends than its expanding and fixed counterparts. Although it shares a similar expanding formula with the expanding grid, its approach focuses on securing profits from just the first and last positions. Employing a practical logic for initiating the first position, this method might not trigger immediately. The fixed grid, which is the most prevalent type, opens positions at regular intervals, called X points, from each preceding position. However, in the case of significant market trends, this approach can be detrimental, as it results in rapid position openings that lack the stability offered by expanding grids. Ultimately, the choice of grid strategy can significantly impact trading success in volatile markets.

Description

Forex Truck is an automated trading robot designed to operate entirely on its own. Its innovative strategy and algorithms allow for seamless integration with any broker, meaning there’s no necessity to find one with specific trading conditions—any broker will suffice. Additionally, Forex Truck is compatible with both MetaTrader 4 and MetaTrader 5 platforms. Consequently, when you purchase a single license for our robot, you gain access to both versions (MT4 and MT5) without incurring extra costs. The initial component of the system focuses on executing trades, identifying optimal entry points while utilizing a fixed lot size. Depending on the algorithm’s signals, it may execute a single order or open a second one, ensuring that every trade is monitored closely to maximize profit potential. This level of automation and flexibility sets Forex Truck apart in the trading market.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

MetaTrader 4
MetaTrader 5

Integrations

MetaTrader 4
MetaTrader 5

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

$329 one-time payment
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

FXZIG

Website

fxzig.com

Vendor Details

Company Name

Forex Truck

Website

forextruck.com

Product Features

Product Features

Alternatives

Alternatives

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