Hamster Grid EA work according to RSI ( Relative Strength Index ) indicators. It has the function of reducing the drawdown on the account by overlapping unprofitable orders (grid). EA doesn’t trade very frequently (once a day). when the Hamster Grid EA algorithm opens a new order it will either close its profit or use the grid method(if the trade goes negative) until that order bucket makes a profit.
If you want you can manually open an order. EA will try to trade it according to its grid method but it’s not recommended. it’s best to let the EA algorithm to decide when to open the trade. But it’s good to deactivate EA before a big movement.
I believe this “Hamster Grid EA” is a copy (renamed) of “The King EA” or vice versa. Either way both the same. Because both EA has very similar Input Parameters, result, and an MQL5 salse page.
Recommendations
- Minimum account balance of 500$(it could work even with 100$ if you can keep an eye on big movement/news )
- Work best on EURUSD (work good on any major pair)
- Work on H1 Time Frames
- Recommend running this Free Forex EA 24/5 on a VPS (Reliable and Trusted FOREX VPS – FXVM)
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Input Parameters
- RSI_PERIOD – period for calculating the relative strength index;
- UP_LEVEL – upper bound;
- DN_LEVEL – lower bound;
- RSI_TIMEFRAME – timeframe for calculation;
- START_LOT – initial lot;
- LOT_MULTIPLIER – lot multiplier in the order grid;
- MAX_LOT – maximum lot;
- STEP_ORDERS – order grid step;
- STEP_MULTIPLIER – order step multiplication factor, if = -1 then it is not used;
- MAX_STEP – maximum order grid step;
- OVERLAP_ORDERS – from which order to enable the order overlap function;
- OVERLAP_PIPS – minimum profit in pips for closing unprofitable orders;
- STOPLOSS, TAKEPROFIT – stop loss and take profit in pips, if = -1 is not used;
- BREAKEVEN_STOP, BREAKEVEN_STEP – level and step of breakeven, if = -1 is not used;
- TRAILING_STOP, TRAILING_STEP – trailing stop level and step, if = -1 is not used;
- MAGIC_NUMBER, ORDERS_COMMENT – magic order number and comment;
- START_TIME, END_TIME – time at which it is allowed to open orders. if = “00:00”, then not used;
- Read More Hamster Scalping – [Cost $99]- For FREE
Backtest with set file provided crashes the account in 3 months. Maybe it can be optimized, but still a typical martingale-grid EA.
The robot does not open on the real account!
Author Vladimir is very famous for making 318 junk experts ,,filled the mql5 site with trash 😉
Silent now my question is :
why not open expert with a minimum of 5 profit factor
great positive reputation on mql5
one job no grid no martin
average loss < average profit
minimum 80% Profit traders
Please answer, I can give you at least 10 expert names
and Thanks !!!
Hello I am Interactive in
This seller Vladimir Gribachev has literally a lot junk expert on mql5 , he keeps releasing crap EA’s on mql5…
robot not work on REAL ???
Hey Dear Silent ! i Need help To Run This bot On Real Account .
Please Help …
the bot Dont Show Yellow Texts in Chart even on Real Acc
pLEASE HACK DAX ROBOT 3.1 AS THE 2.5 IS OLD NEED 3.1 PLEASE.
I tried this EA for EURUSD pair around 49USD start from 16 DEC to 22DEC, it made a profit of 55USD+, it looks ok for a good trade when it detect a right movement.
Was It on real account or demo?
What is the very best EA with Live accounts this cracked Team offers?
It’s come to a month, and here is the real profit made from this Hamster Grid EA, 176USD+ and 30USD+ profit from AURTHUR FX in a month from a starting of 49USD. If not mistaken, touch wood the maximum drawdown is not more than 40USD for every trade session. Thanks Admin for the good work, and looking for more awesome cracked EA!
I’m testing it on demo since december, it seems to be profitable (+420 EUR starting from 1000). Anyone has tried it on real account?
This EA is good for 3% per month.