Strategy Notes on Grid Expert Advisors

These notes explain public grid, martingale, hedging and mean reversion concepts, and what the published simulations show about risk, capital and limits.

See the Kestrel expert advisors

An open notebook of strategy diagrams in the Kestrel brand style

Cumulative profit of the Kestrel portfolios as a percentage of each portfolio's own recommended capital
The portfolios side by side, Horizon level with a 0.01 starting lot. Simulated on Dukascopy data: EURUSD and AUDCAD to September 2026, GBPUSD to December 2025, EURCAD from January 2014.

Strategy explained

Four notes take one mechanism each — grid, martingale, mean reversion and hedging — and follow it from the textbook description to what it actually did in a simulation of the strategy’s own orders from 2010 onwards, on Dukascopy data.

They share one rule: every figure carries the period and the feed it came from in the same sentence, and the worst episode sits on the same page as the gains.

For investors

The last two notes are for someone who wants the result without learning to trade. One covers running the software on an account you own; the other compares that with copying a signal.

Both start from the same fact. Kestrel is software: you keep your account, your broker and your money, and nobody at Daemon Digital LLC can move funds.

How Kestrel applies this

Kestrel EA is a grid expert advisor for MetaTrader 4: it opens from its own signal, adds to the basket in small, capped steps when price moves against it, and closes the whole basket together at its target. It never closes a single trade at a loss; until the basket closes, the loss is floating.

Like the kestrel that hangs still in the wind before it acts, the software waits, holds and closes once. The products are on Kestrel Expert Advisors for MT4.

Frequently asked questions

Are the figures in these articles from real accounts?

No. Every figure comes from a simulation of the strategy over historical data, and each one is published with its period and its feed. Two demo accounts have also been running since September 2026.

Why publish the worst moments as well?

Because a grid without a stop loss carries its losses as open positions, and the size of the worst one informs the capital recommendation. A record that hides it is not useful for sizing an account.

See the Kestrel expert advisors

Last updated: