This repository provides a collection of MetaTrader 4 expert advisors, notably featuring a grid-based trading system. The mGRID EA executes trades by placing multiple pending buy and sell stop orders at fixed pip increments, attempting to capture price movement in either direction. It offers risk controls through confi
Collection · MT4 · MT5
Grid Bot
This MetaTrader EA opens and manages a grid of buy positions every 50 points, setting a fixed take profit of 75 points per trade.
High risk
GitHub stars1
Forks1
Last update5 days ago6 Oct 2026
LicenceMIT
Overview
Grid Bot can hold up to 10 buy positions and 5 sell positions of 0.02 lots each, closing the worst sell orders when the sell buffer reaches 5 to free capital. Stochastic oscillator parameters (K=14, overbought 79, oversold 20) guide entry timing, with trading starting at 10:11 AM. The robot uses hedging to hold opposing positions and sorts buys by open price. Fixed lot sizing avoids martingale scaling; notable limits include maximum position counts and no dynamic lot adjustment.
- grid trading
- take profit
- stochastic oscillator
- position buffer
- hedging grid
Details
Author
tbradlo on GitHub
Type
Collection
Platform
MetaTrader 4 (MQL4) and MetaTrader 5 (MQL5)
Strategy
Grid, Indicator crossover, Hedging
Markets
Indices
Timeframes
Any timeframe
Risk Profile
- Opens a grid of orders: exposure builds up in a trend
- Holds opposite positions at once
EA Files
Input Parameters
Read from BUY GRID v5 avg.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
expertName | string | GRID buy | |
expertId | int | 8 | |
buyPositionsSize | double | 0.1 | how big positions to open |
nextBuyPositionByPoints | double | 50 | |
maxBuffer | int | 0 | keep X positions sell buffer to have sth to sell in case of rapid grow |
takeProfitPoints | double | 75 | |
maxBuyPositions | int | 10 | |
maxBuyPrice | double | 100.0 | |
sellPositionSize | double | 0.02 | SELL position size |
sellPositionsToOpen | int | 4 | |
nextSellPositionByPoints | double | 50 | |
sellPosToClose | int | 5 | Xth worst to close |
Show all 16 inputs
| Name | Type | Default | Description |
|---|---|---|---|
maxSellPositions | int | 5 | |
stoch_K_Period | int | 14 | |
stochTop | int | 79 | |
stochBtm | int | 20 |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone tbradlo/Metatrader from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts or MQL5/Experts.
- 3Copy the filesCopy the .mq4 / .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
- 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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