Question 1

What is the Strategy Type?

Accepted Answer

It is a Price Correction + Averaging (Grid) strategy.

Question 2

What is the Risk Level?

Accepted Answer

High. The default risk is 15% per trade with up to 18 orders and a 1.6 lot multiplier.

Question 3

What is the recommended Account Type?

Accepted Answer

Hedge account is required.

Question 4

Which pair is it optimized for?

Accepted Answer

It can be used on multiple pairs, but works best on volatile instruments like XAUUSD or major forex pairs.

Question 5

Is it suitable for beginners?

Accepted Answer

Not recommended for beginners. The default settings are quite aggressive.

Question 6

Does it use Martingale?

Accepted Answer

It uses a controlled averaging system with lot multiplier (1.6), which is similar to mild Martingale.

Stern Advisor MT4Premium