Question 1

What type of strategy does Status Trader ver 4 use?

Accepted Answer

RSI Reversal + Controlled Grid/Series trading.

Question 2

What is the risk level?

Accepted Answer

Medium. Max 9 orders per series with clear Stop Loss protection keeps risk manageable.

Question 3

Is it suitable for beginners?

Accepted Answer

Yes, but it’s better for traders who understand grid-style systems. Always test on demo first.

Question 4

Which timeframe is best?

Accepted Answer

H1 and H4 give the most stable results.

Question 5

Does it use Martingale?

Accepted Answer

No. It uses a limited series (max 9) with fixed grid step, much safer than classic Martingale.

Question 6

Can I use it on small accounts?

Accepted Answer

Recommended starting balance is $1,000. The Money Management feature helps adjust lot size safely.

Status Trader ver 4 EA MT4Premium