An automated MetaTrader 5 expert advisor that executes a bi-directional grid trading strategy. It uses the Average True Range (ATR) indicator to dynamically calculate grid spacing, allowing the system to adapt to current market volatility. The robot supports neutral, bullish, and bearish modes. It includes risk managem
Trading robot · MT5
Gold Grid EA
This MetaTrader 5 expert advisor implements a sell-only grid strategy specifically designed for Gold (XAUUSD).
High risk
GitHub stars2
Forks1
Last update1 year ago1 Sep 2025
LicenceNone stated
Overview
Gold Grid EA operates within a user-defined price range, placing short orders at fixed price intervals to capitalize on price oscillations and mean reversion. The system manages trades using a fixed take profit for each individual order but does not incorporate a stop loss mechanism. Users can configure the grid spacing, total range boundaries, and the maximum number of allowed concurrent orders. The EA is intended for sideways or bearish markets where the price remains within the specified levels.
- Sell-only grid execution
- User-defined price range filtering
- Fixed take profit per order
- Adjustable grid step intervals
- Maximum order count limit
Details
Author
traderr87 on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Grid, Mean reversion
Markets
Gold
Timeframes
Any timeframe
Risk profile
- Opens a grid of orders: exposure builds up in a trend
- Trades without a fixed stop loss
EA files
Input parameters
Read from Gold_Grid_EA.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
LotSize | double | 0.01 | ขนาด lot สำหรับแต่ละ order |
GridStep | double | 10.0 | ระยะห่างระหว่าง grid (10$) |
MinPrice | double | 3000.0 | ราคาต่ำสุดของ grid |
MaxPrice | double | 3600.0 | ราคาสูงสุดของ grid |
TakeProfitPoints | int | 900 | Take Profit (900 points = 9$) |
MaxOrders | int | 80 | จำนวน order สูงสุด |
EA_Comment | string | Gold Grid | comment สำหรับ orders |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone traderr87/gold-grid-ea 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.
Similar expert advisors
This Expert Advisor for MetaTrader 5 implements a martingale trading strategy triggered by the Relative Strength Index (RSI). It opens an initial position when RSI reaches overbought or oversold thresholds. If price continues to move against the initial trade, the EA layers additional orders at set point intervals, mul
High Frequency Grid EA is an automated trading robot for MetaTrader 5 that implements a mean-reversion strategy through a grid of pending orders. It places buy and sell stop orders at calculated distances, using dynamic spread monitoring to ensure execution only during favorable conditions. The EA includes a trailing s
This MetaTrader 5 expert advisor executes a mean reversion strategy based on price deviation from a Simple Moving Average. It enters short positions when prices rise above the average and long positions when prices fall below. The algorithm utilizes an aggressive grid-based recovery system where both the entry distance
This high-frequency scalping robot for MetaTrader 5 is specifically designed for the gold market. It determines entry points using a combination of EMA trend filters, ADX trend strength, and dynamic RSI levels. To recover from losing positions, the EA utilizes an aggressive martingale grid system with a customizable lo
This expert advisor facilitates arbitrage trading between futures and spot instruments, primarily targeting gold and stock indices. Available for MetaTrader 4 and 5, it monitors the price difference between two related symbols against a moving average to identify trade opportunities. The logic includes a noise-filterin
Need a broker for MT5?
Compare regulated brokers that support MetaTrader, with spreads, minimum deposits and leverage side by side.
Compare brokers