Prem Gold Advisor is an automated MetaTrader 5 expert advisor specialized for XAUUSD (Gold) trading on the five-minute timeframe. It initiates trades using breakout levels placed at specific distances from the candle open. The strategy features a progressive scale-in mechanism, adding new orders as the price hits succe
Trading robot · MT5
Grid EA
This MetaTrader 5 expert advisor implements a grid trading strategy specifically designed for sideways or range-bound market conditions.
High risk
GitHub stars1
Forks1
Last update5 months ago11 Jun 2026
LicenceNone stated
Overview
Grid EA places multiple buy and sell orders at fixed intervals defined by the user. The EA includes several operational filters, such as specific trading days and time sessions. Risk management features include range-based closing, where the robot exits positions if the price moves outside a set boundary, and a profit-target restart mechanism. It features an on-chart display for tracking running profit but lacks traditional per-trade stop losses, relying instead on basket management and range limits.
- Grid-based buy and sell trade placement
- Configurable grid gap and total lines
- Trading day and session time filters
- Automatic restart upon reaching profit target
- Range-based closing and restart controls
Details
Author
MubinCodes on GitHub
Type
Trading robot
Platform
Markets
Any symbol
Timeframes
Any timeframe
Risk Profile
- Opens a grid of orders: exposure builds up in a trend
- Holds opposite positions at once
- Trades without a fixed stop loss
EA Files
Input Parameters
Read from GridEA.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
gap70 | string | | Day Settings |
Allow_Monday_trading | bool | true | |
Allow_Tuesday_trading | bool | true | |
Allow_Wednesday_trading | bool | true | |
Allow_Thursday_trading | bool | true | |
Allow_Friday_trading | bool | true | |
Allow_Saturday_trading | bool | false | |
Allow_Sunday_trading | bool | false | |
gap2 | string | ----------------------------------------------------- | |
Sessions | string | Time | |
Trading_time_start | string | 02:00 | Session start(MT5 time) |
Trading_time_end | string | 23:59 | Session end (MT5 time) |
Show all 26 inputs
| Name | Type | Default | Description |
|---|---|---|---|
gap40 | string | ----------------------------------------------------- | |
LotSize | double | 0.01 | |
GridGap | double | 50 | |
TotalGridLines | int | 100 | GridLines(Each Side) |
gap41 | string | ----------------------------------------------------- | |
CloseWhenOutOfRange | bool | true | |
gap42 | string | ----------------------------------------------------- | |
RestartWhenHitProfitTarget | bool | false | |
TargetAmount | double | 10 | |
gap72 | string | ----------------------------------------------------- | |
FontSize | double | 15 | |
FontColor | color | clrRed | |
gap73 | string | ----------------------------------------------------- | |
RestartWhenOutOfTheRange | bool | false |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone MubinCodes/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.
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