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.
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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.
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Blog
Martingale Strategy in Forex: How It Works and Why Most Fail
Where doubling after a loss breaks an account, and what changes when the scaling rule is capped instead.
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Blog
Grid Trading Strategy: Rules, Risks and Lot Sizing
How levels are spaced, how lots grow, and where the float goes at the worst moment of the record.
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Blog
Mean Reversion Strategy: The Logic Behind Grid Expert Advisors
Why a grid is a bet that price comes back, and which market conditions break that bet.
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Blog
Hedging Strategy in Forex: Baskets, Not Bets
What holding both sides really costs while they are open, and when the whole basket is closed.
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Blog
How to Invest in Forex With a Robot on Your Own Account
What changes when software trades your own broker account instead of a manager trading it for you.
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Blog
Is Copy Trading Profitable? Copying a Signal vs Buying the Expert Advisor
Two ways to run the same strategy, compared on cost, control and who decides the lot size.
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.
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