Trading robot · MT4

Grid Martingale TA Signals

by SrisittikumChanintorn

This MetaTrader 4 expert advisor executes a dual-direction grid trading strategy driven by technical analysis.

High risk

GitHub stars1
Forks0
Last update1 year ago29 Apr 2025
LicenceNone stated

Overview

Grid Martingale TA Signals enters trades based on an Exponential Moving Average crossover logic using three distinct periods. The system employs a customizable martingale sequence where lot sizes increase after a user-defined number of repeat orders at fixed point distances. Risk is managed through a maximum order limit and basket-level profit targets. The EA closes all orders in a specific direction once a cumulative net profit threshold is reached, rather than using individual stop losses.

Details

Author

SrisittikumChanintorn on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4)

Strategy

Indicator crossover, Grid, Martingale, Hedging

Markets

Any symbol

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

Input parameters

Read from GridMartingale_with_TA_Signals.mq4. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
magicint1234
open_buybooltrue
lot_buydouble0.0250.01
maxorder_buyint2020
mul_buydouble2.02.0
repeat_buyint33
grid_buydouble500500
close_profit_buydouble50010
open_sellbooltrue
lot_selldouble0.020.01
maxorder_sellint2020
mul_selldouble2.02.0
Show all 15 inputs
NameTypeDefaultDescription
repeat_sellint33
grid_selldouble500500
close_profit_selldouble50010

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone SrisittikumChanintorn/EA_GridMartingale_custom_sequence_with_TA_Signals from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
  3. 3Copy the filesCopy the .mq4 file into Experts.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 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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