Scalping Expanding Hedged Grid - MT4/MT5 Resources

I trade manually this way and the success rate is almost 100%. Automation will make things much easier. I trade this way during very volatile periods, like a minute after a red news release or after the London and New York open, because all you need is for the price to move at least 5 pips in one direction and then you can exit the grid with a little profit. The good thing is that you can use it multiple times during the day.

I trade this strategy after a volatility event, I enter in one direction and trade with a target price of 2-3 pips, if the trade goes against me by 2-3 pips, I hedge the trade with three times the volume, if the price goes up another 3 pips in the same direction, I exit with a profit, but if the price falls back down again after the second trade and is at the same level as the first trade, I hedge the second trade with three times the volume, and if the price lasts 3 or more pips, I exit with a profit. It's that simple.

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