Visual FIFO Grid 2 of 2
Posted: under ea metatrader.
Tags: automated forex trading, FIFO, FIFO Expert Advisor, metatrader FIFO, metatrader Grid, metatrader NFA, nfa
The new NFA (National Futures Association) rule requires forex traders to close trades which are opened on the same currency pair in a chronological order. In other words if you have entered three trades on EUR/USD you need to close the first trade first even if the last trade hits SL or TP. This rule is called FIFO or First-In-First-Out. The Visual FIFO Grid EA enables you to enter several trades on the same currency pair and automatically closes them based on this rule. You may download your free copy from forexbrace.com. This video is the second one out of two which explains the EA.
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Mar 12 2010
