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Seller price: Free
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Stochastic SpiderNet5.8
Seller claims
grid yes · martingale no · SL yes
EALegit summary — unaudited listing
Stochastic SpiderNet is a MetaTrader 5 expert advisor for forex that opens an initial trade when the Stochastic oscillator signals overbought or oversold conditions, then adds positions at fixed or ATR-based intervals to build a grid. It filters entries using EMA trend, ATR volatility, RSI momentum, and time, and closes the basket at a total profit target, by Stochastic signal, or after a time limit. Lot sizing can be fixed, multiplicative, or drawdown-based with caps on maximum lot and position count, and risk management includes drawdown-based partial closes, partial profit-taking, and a trailing stop-loss. The seller explicitly states the system is not a martingale, though lot multiplication is an available option.
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