Introduction
The MyGrid Scalper Ultimate is a robust Forex trading robot designed for Forex, Commodity, Crypto, and Index trading. This platform is a paid version of the MyGrid Scalper EA and has been successfully utilized by thousands of users. In this article, we will delve into the primary features of the MyGrid Scalper Ultimate, analyze its performance over the past year, and provide a balanced view of its strengths and weaknesses. We encourage users to discuss this robot on our forum and share their results.Features of MyGrid Scalper Ultimate
The MyGrid Scalper Ultimate is equipped with a variety of features designed to enhance your currency trading experience. Here are the key features:1. Advanced Grid System: Utilizes a sophisticated grid trading strategy that has shown impressive results in real accounts.
2. Various Lot Modes: Includes Fixed Lot, Fibonacci Lot, Dalembert Lot, Labouchere Lot, Martingale Lot, Sequence Lot, and Bet 1326 System Lot.
3. Automatic Lot Size Feature: Automatically adjusts the lot size based on predefined parameters.
4. Take Profit (TP) Settings: Offers the option to manually set your TP or use the Average True Range (ATR) for TP settings.
Performance Analysis
To evaluate the effectiveness of the MyGrid Scalper Ultimate, we've looked at its performance data over the past year. According to the detailed statistics available on the official website here, the robot has maintained a consistent profit margin with a relatively low drawdown. Users have reported satisfactory results, especially those employing the advanced grid system and various lot modes tailored to their trading strategies.Pros and Cons
Pros:1. Versatile Lot Modes: The multiple lot options provide flexibility to suit different trading styles.
2. Advanced Grid System: Proven to be effective in real-world trading.
3. User-Friendly: Easy to set up and configure, even for beginners.
Cons:
1. Requires Monitoring: Although the robot is automated, occasional monitoring is advisable.
2. Complex for Beginners: The variety of features can be overwhelming for new traders.
3. Paid Version: Some users may find the paid version expensive compared to alternatives.
Conclusion
The MyGrid Scalper Ultimate offers a comprehensive suite of features and has demonstrated reliable performance over the past year. However, it is essential to closely monitor its activities and make adjustments as needed. We highly recommend that users try the free version first to understand its capabilities.Source Code of MyGrid Scalper Ultimate
We do not have access to the original source code of the MyGrid Scalper Ultimate, which is sold on MQL5. However, based on the descriptions available here, we have created a coding example that mimics its functionalities. If you have any questions regarding the code, feel free to ask. Please note that the EASY Trading Team does not sell the MyGrid Scalper Ultimate but has created a trading robot code based on its description.
Code:
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