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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 Retest
This MetaTrader 5 expert advisor implements a grid-based trading strategy combined with an EMA trend filter.
High risk
GitHub stars1
Forks0
Last update4 months ago15 Jun 2026
LicenceNone stated
Overview
Grid Retest enters positions based on price relation to a 50-period Exponential Moving Average. If a trend reverses while a basket is active, the EA initiates a dual-mode recovery by opening a new basket in the opposing direction. It manages exits through weighted average take-profit points for each basket independently. Risk management features include a maximum grid level limit and optional martingale lot scaling. The repository lacks a README file.
- Dual basket recovery system
- EMA trend direction filter
- Independent basket take profit
- Adjustable lot multiplier
- Directional grid enforcement
Details
Author
khamminasomchanmavong on GitHub
Type
Trading robot
Platform
Strategy
Markets
Any symbol
Timeframes
Any timeframe
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 Gride Retest-Live.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
Grid_Level_Distance | double | 200 | |
Start_Lot | double | 0.01 | |
Max_Grid_Level | int | 10 | |
TP_Average_Points | double | 300 | |
Use_Lot_Multiplier | bool | false | |
Lot_Multiplier | double | 1.5 | |
EMA_Period | int | 50 | |
Use_EMA_Filter | bool | true |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone khamminasomchanmavong/Grid-Retest 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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