Hamster Grid/The King EA [Robot[ – [Cost $200]

The RSI ( Relative Strength Index ) indicators are used by Hamster Grid EA. Its purpose is to reduce the account’s drawdown by overlapping unproductive orders (grid). EA doesn’t trade all that often (once a day). When the Hamster Grid EA algorithm places a new order, it will either close its profit or apply the grid approach (if the transaction goes negative) until the order bucket is profitable.

You can manually open an order if you desire.The EA will attempt to trade it using its grid approach, but this is not encouraged.
It’s preferable to let the EA algorithm decide when the trade should be opened. However, before a major movement, it’s a good idea to turn off EA.

This “Hamster Grid EA” appears to be a clone (renamed) of “The King EA” or vice versa. Both are the same in any case. Because the input parameters, output, and MQL5 salse page are extremely identical in both EAs.

Recommendations

• 500$ minimum account balance (200$ could work if you can keep an eye on large movement/news)
• It’s recommended to use EURUSD (work good on any major pair)
• H1 Time Frames are being worked on.
• Running this Free Forex EA 24/5 on a VPS (Reliable and Trusted FOREX VPS) is recommended. – FXVM)