FAQ

AA contrarian grid with a hidden take-profit and a martingale-style sizing progression. It adds positions at fixed pip intervals against the move and looks for mean reversion.

AThe fixed distance (e.g. 30 pips) between grid entry levels. If price moves against the position by one step, the bot can add the next leg.

AEach new grid leg can be larger than the previous one. This can help recover faster on a retrace, but it increases exposure as price moves against you.

AThe bot tracks take-profit internally and closes via a market order when conditions are met, instead of placing a broker-side TP order for every leg.

AOn OANDA, units are the base currency, so 1,000 units = 1,000 EUR. At 1 EUR = 1.169 USD, that’s about $1,169 notional exposure.

AIt’s the full face value of your position (your true exposure)

ABecause Oanda offers 50:1 leverage, so OANDA only sets aside about 2% of the notional as Margin Used.

AAt 50:1 leverage (2% margin) and EUR/USD = 1.169, the notional exposure is 25,958 × 1.169 ≈ $30,340. Margin used ≈ $607. The Margin Closeout % is roughly (0.5 × 607) / 1500 ≈ 20% (comfortable buffer). General recommendation is to keep the margin closeout % below 50%. If it approaches 50% you’re in margin-call territory. If it approaches 100%, liquidation risk is immediate.

AIt’s tied to your equity vs. Margin Used. As long as you keep Margin Closeout % well below the high-risk zone, you’re in good shape. With your current sizing and $1,500 NAV, you’re around ~20%, which is nicely conservative.

ATwo simple levers: add funds (increases your buffer) or reduce units (immediately lowers Margin Used and P/L swings) by manually closing out a larger position in the bot.

AYes—and this is a major advantage. Short EUR/USD positions currently earn positive daily rollover interest (swap credits) due to higher USD rates compared to EUR. These credits apply regardless of unrealized losses, accumulating over time and helping offset holding costs during drawdowns.

ATypically through the bid/ask spread and financing (rollover) adjustments. Whether you pay a separate commission depends on the specific account/pricing model—check your OANDA account type.

AIn a prolonged trend with no reversals, the bot adds positions until max trade limit is reached (10 levels) and wait for the reversal. If the reversal doesn't happen, and margin closeout % reached to 100%, Oanda's automatic liquidation then safely closes trades to protect your account, typically capping losses at or near your starting balance—no manual intervention or additional deposits needed. Please note that even during a prolonged negative trend, we continue to collect interest on short positions as long as the 100% margin closeout threshold is not reached.

AHighly unlikely. While theoretically possible in extreme gaps, Oanda has a strong track record of forgiving negative balances (e.g., during the 2015 Swiss Franc event) and resetting small negatives to zero as goodwill. No documented cases exist of retail clients being pursued for significant amounts.