AriZone Grid Bot: Free MT5 EA Download & Source Code

Overview

The robot operates within a user-defined price range, allowing traders to set specific upper and lower boundaries. Users can configure the number of grid levels and choose between arithmetic or geometric spacing models. It functions in a neutral direction, layering orders across the range based on specified lot sizes. Risk controls include stop triggers that can automatically cancel pending orders or close active positions when price levels are breached. The README is minimal.

Arithmetic and geometric grid spacing models

Configurable upper and lower price boundaries

Adjustable grid density and lot sizing

Price-based trigger and stop activation levels

Automated basket closure on stop triggers

Details

Author

AriZoneVibes on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Grid

Markets

Any symbol

Timeframes

Any timeframe

Risk Profile

Opens a grid of orders: exposure builds up in a trend
Trades without a fixed stop loss

EA Files

GridTradingBot.mq5

Source

github.com/AriZoneVibes/MQL5-GridBot

Input Parameters

Read from GridTradingBot.mq5. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`expertAdvisorID`	`int`	`31254`	Expert Advisor ID "Magic Number"
`currentSymbol`	`string`	`USDJPY`	Symbol
`gridDirection`	`selectGridDirection`	`neutralDirection`	Direction
`lowerPrice`	`double`	`120`	Lower Price
`upperPrice`	`double`	`150`	Upper Price
`gridSize`	`int`	`20`	Number of Grids
`gridType`	`selectGridType`	`arithmetic`	Grid Type
`lotSize`	`double`	`—`	Amount of Lots to buy per grid
`gridTriggerActivation`	`bool`	`false`	Grid Trigger
`gridTriggerBottomPrice`	`double`	`—`	Bottom Price
`gridTriggerUpperPrice`	`double`	`—`	Upper Price
`stopTriggerActivation`	`bool`	`false`	Stop Trigger

Show all 16 inputs

Name	Type	Default	Description
`stopTriggerBottomPrice`	`double`	`—`	Bottom Price
`stopTriggerUpperPrice`	`double`	`—`	Upper Price
`cancelOrdersOnStop`	`bool`	`false`	Cancel all orders on stop
`closePositionsOnStop`	`bool`	`false`	Close all positions on stop

How to Install It

1Download the sourceUse "Download source (.zip)" above, or clone AriZoneVibes/MQL5-GridBot from GitHub, and unzip it.

2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.

3Copy the filesCopy the .mq5 file into Experts.

4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.

5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.

Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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