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What is Grid Master PRO?

Grid Master PRO serves as the advanced edition of the widely-regarded EA BF Grid Master EA, featuring numerous enhancements aimed at improving its overall efficacy. This professional version introduces three additional trading strategies, which collectively boost potential profit margins. Furthermore, Grid Master PRO integrates a sophisticated time management system, a notification feature, a Friday Exit System, and an Advanced News Filter. It also includes extra parameters that enhance its adaptability, making it a versatile tool for traders. Specifically tailored for the GBPUSD currency pair, Grid Master PRO is a powerful and lucrative trading approach, though it can be effectively applied to other trading instruments when used appropriately. The use of grid-based trading strategies often stirs debate within the trading community. Additionally, the system incorporates a Money Management feature that allows users to define risk percentages, enabling the robot to automatically determine lot sizes based on the specified risk and available account margin. With the Advanced News Filter, traders can sidestep significant news events that may impact trading performance, ultimately increasing the system's profitability and minimizing drawdown risks. While this filter is deactivated by default, it offers customizable settings for precise control.

What is EA LAB?

EA LAB, known as MT5 Robot Lab, focuses on developing customizable Expert Advisors (EAs) for MetaTrader 5, offering a diverse collection of trading robots that incorporate various rule-based strategies. Each trading robot features a dedicated product page that outlines the strategy's logic, entry and exit points, filters, risk management techniques, configuration options, installation steps, licensing details, and any applicable limitations. Users can seamlessly install an EA in their MT5 platform, adjust its settings, perform backtesting with the MT5 Strategy Tester, and review sample reports prior to experimenting with configurations on a demo account. Furthermore, EA LAB provides an abundance of educational materials about trading strategies, backtesting practices, optimization methods, and effective risk management approaches. The availability of features, readiness for deployment, accompanying documentation, and pricing may differ based on the specific EA. While EA LAB delivers software solutions and valuable learning resources, it does not provide account management services or guarantee any profits. It is crucial to acknowledge that trading involves significant risks, including the possibility of financial loss, and previous outcomes do not predict future performance. Therefore, users must fully comprehend the risks associated with trading before engaging in such activities, ensuring they are adequately prepared for the challenges ahead.

Media

Media

Integrations Supported

MetaTrader 5
MetaTrader 4

Integrations Supported

MetaTrader 5

API Availability

API Availability

Has API

Pricing Information

$187 one-time payment

Pricing Information

€0
Free MT5 robots are available, and paid robots are priced individually. The Annual Library Pass costs €395.00 for 12 months of access. TradingView and cTrader adaptations cost €24.95 per robot per platform.
Free Version

Supported Platforms

Windows
Mac

Supported Platforms

Windows

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub

Company Facts

Organization Name

FXautomater

Company Website

www.fxautomater.com/forex-robots/grid-master-pro

Company Facts

Organization Name

MT5 Robot Lab

Company Location

Poland

Company Website

ea-lab.dev/

Categories and Features

AI Trading Bots

Not specified

Forex Robots

Not specified

Categories and Features

Forex Robots

Not specified

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