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.
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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