Question 1

What type of strategy does Lambo101 EA MT4 use?

Accepted Answer

RSI-based grid trading with Doji candle quality filter and controlled lot progression.

Question 2

What is the risk level?

Accepted Answer

Medium — thanks to max 3 orders and 35% equity cut-loss protection. Safer than unlimited grid EAs.

Question 3

Is it suitable for beginners?

Accepted Answer

Yes, but you should start on a demo account and understand grid trading risks first.

Question 4

Can I use it on Gold or other pairs?

Accepted Answer

Best on major Forex pairs. It can work on Gold but requires careful testing.

Question 5

How do I reduce the risk?

Accepted Answer

Lower Lot_start, reduce Max_Order to 2, or lower Percent_Cut_Loss threshold.

Question 6

What does “Plus Lot Mode” mean?

Accepted Answer

It automatically increases lot size on each new grid level to help recover faster while staying controlled.

Lambo101 EA MT4Premium