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Average Ratings 0 Ratings
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
GridTrade serves as an innovative trading journal tailored specifically for day traders and those involved in funded-account challenges with firms like FTMO, Apex, and Topstep. Unlike traditional journals that primarily focus on numerical data, GridTrade emphasizes the psychological aspect of trading by allowing users to label their emotional states—such as calm, neutral, or tilted—behind each trade. This unique approach helps traders understand how their mindset influences their success, with many finding that trades executed in a calm state yield significantly higher win rates compared to those made under emotional strain.
Notable features include tracking emotions on a per-trade basis along with performance metrics, comprehensive analytics for R-multiple, P&L, win rates, expectancy, and profit factors, and the ability to apply nine different filters, covering aspects like setup and mistakes. Additionally, GridTrade provides native support for multiple accounts across FTMO, Apex, and Topstep, a calendar view for daily and monthly performance insights, tagging for setups and mistakes, and an integrated position size and risk calculator. The platform is accessible via both web and iOS, making it convenient for traders on the go.
The subscription is affordably priced at EUR 24.99 per month, and users can begin without the need for a credit card. This makes it easy for traders to experience the benefits of GridTrade before committing financially.
API Access
Has API
API Access
Has API
Screenshots View All
No images available
Integrations
MetaTrader 4
MetaTrader 5
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
€24.99/month
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
SmartWelcome
Founded
2026
Country
Germany
Website
gridtrade.de