Bi-Directional Hedging Grid: Free MT5 Expert Advisor

Overview

Bi-Directional Hedging Grid simultaneously maintains buy and sell baskets, opening new positions at fixed or ATR-calculated intervals when the market moves against existing trades. The EA employs a soft martingale lot multiplier to scale positions and exits through either individual take profit targets or a collective basket profit in currency. It includes prop-firm oriented risk controls such as equity-based daily drawdown limits, spread filters, rollover pauses, and automated weekend closures.

Bi-directional hedging grid

Soft martingale lot scaling

ATR or fixed point grid spacing

Equity-based daily drawdown protection

Rollover and weekend trading pauses

Details

Author

Yoshinarium on GitHub

Type

Trading robot

Timeframes

M15-H1

Risk Profile

Uses martingale lot scaling: losses can grow fast
Opens a grid of orders: exposure builds up in a trend
Holds opposite positions at once
Trades without a fixed stop loss

EA Files

BiDirectionalHedgingGrid.mq5

Source

github.com/Yoshinarium/BiDirectionalHedgingGrid

Input Parameters

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

Name	Type	Default	Description
`MagicNumberBuy`	`int`	`1000`	Magic Number koszyka BUY
`MagicNumberSell`	`int`	`2000`	Magic Number koszyka SELL
`BaseLot`	`double`	`0.01`	Lot pozycji startowej
`GridMode`	`ENUM_GRID_MODE`	`FIXED_POINTS`	Tryb odleglosci siatki
`FixedGridPoints`	`int`	`100`	Krok siatki w punktach (gdy FIXED_POINTS)
`AtrPeriod`	`int`	`14`	Okres ATR (gdy ATR_MODE)
`AtrMultiplier`	`double`	`1.5`	Mnoznik ATR (gdy ATR_MODE)
`LotMultiplier`	`double`	`1.3`	Soft Martingale: lot = ostatni lot * mnoznik
`BaseTakeProfitPoints`	`int`	`200`	TP pojedynczej bazy w punktach (_Point)
`BasketProfitTarget_USD`	`double`	`0.5`	Cel zysku KOSZYKA (od 2. nogi) w walucie depozytu
`UseDailyDrawdown`	`bool`	`true`	Wlacz dzienny limit drawdown
`MaxDailyDrawdownPercent`	`double`	`4.5`	Max DD % od equity z 00:00 czasu serwera

Show all 18 inputs

Name	Type	Default	Description
`MaxSpreadPoints`	`int`	`30`	Max spread w punktach (_Point)
`UseMidnightPause`	`bool`	`true`	Pauza na rollover (brak NOWYCH zlecen)
`PauseStartTime`	`string`	`23:55`	Poczatek pauzy (HH:MM)
`PauseEndTime`	`string`	`00:15`	Koniec pauzy (HH:MM)
`CloseBeforeWeekend`	`bool`	`true`	Zamknij wszystko w piatek i uspij do poniedzialku
`FridayCloseTime`	`string`	`22:00`	Godzina zamkniecia w piatek (HH:MM)

How to Install It

1Download the sourceUse "Download source (.zip)" above, or clone Yoshinarium/BiDirectionalHedgingGrid 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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