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The Piphiker EA can be described as a grid strategy. However it has a hedge script implemented which protect your account from big market waves. Hedging means the EA goes long and short at the same pair at the same time. The EA uses the one minute time frame and can trade multiple currency pairs. As indicators it triggers trades if the RSI and MACD rules apply. The most used currency pairs are EUR.USD – AUD.NZD – GBP.JPY. Preferably is to pick pairs that are uncorrelated. Per $1,500 you can trade one pair and it is recommended to start with at least two pairs.