An automated MetaTrader 5 expert advisor that executes a bi-directional grid trading strategy. It uses the Average True Range (ATR) indicator to dynamically calculate grid spacing, allowing the system to adapt to current market volatility. The robot supports neutral, bullish, and bearish modes. It includes risk managem
Trading robot · MT5
Grid Trading EA MT5
This MetaTrader 5 expert advisor implements a multi-layer grid trading system suitable for forex, gold, and indices.
High risk
GitHub stars3
Forks0
Last update5 weeks ago18 Aug 2026
LicenceNone stated
Overview
Grid Trading EA MT5 establishes a grid of price levels around an anchor point, opening buy positions when the price crosses down through a specific level. The grid is divided into three customizable layers, each with independent distance settings to manage price action. Risk management features include a maximum open position limit and configurable lot sizes, though it lacks a traditional stop loss for individual trades.
- Multi-layer grid system with three independent layers
- Automatic anchor price and grid spacing detection
- Real-time visual grid lines on the price chart
- Smart state recovery for active positions after restarts
- Customizable grid distance in points or price
Details
Author
Shifrozy on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Grid
Markets
Forex, Gold, Indices
Timeframes
Any timeframe
Risk profile
- Opens a grid of orders: exposure builds up in a trend
- Trades without a fixed stop loss
EA files
Input parameters
Read from GridTradingEA.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpLotSize | double | 0.01 | Lot Size (min 0.01) |
InpLevel0Price | double | 0.0 | Level 0 Price (0 = auto from current price) |
InpGridDistPrice | double | 0.0 | Grid Distance in PRICE (e.g. 5.0 for Gold = $5) |
InpGridDistPoints | int | 0 | Grid Distance in POINTS (used if Price dist = 0) |
InpTPDistPrice | double | 0.0 | TP Distance in PRICE (0 = same as Grid Distance) |
InpTPDistPoints | int | 0 | TP Distance in POINTS (used if Price dist = 0) |
InpLayer1Start | int | 1 | Layer 1 Start Position |
InpLayer1End | int | 5 | Layer 1 End Position |
InpLayer1GridDist | int | 10 | Layer 1 Grid Distance (points) |
InpLayer2Start | int | 6 | Layer 2 Start Position |
InpLayer2End | int | 10 | Layer 2 End Position |
InpLayer2GridDist | int | 20 | Layer 2 Grid Distance (points) |
Show all 23 inputs
| Name | Type | Default | Description |
|---|---|---|---|
InpLayer3Start | int | 11 | Layer 3 Start Position |
InpLayer3End | int | 15 | Layer 3 End Position |
InpLayer3GridDist | int | 30 | Layer 3 Grid Distance (points) |
InpMaxOpenPositions | int | 5 | Maximum Open Positions |
InpSlippage | int | 30 | Slippage (points) |
InpMagicNumber | int | 123456 | Magic Number |
InpShowGridLines | bool | true | Show Grid Lines on Chart |
InpVisibleLevels | int | 15 | Grid Lines visible above/below price |
InpAnchorColor | color | clrGold | Anchor Level (L0) Color |
InpActiveLevelColor | color | clrLime | Active Trade Level Color |
InpInactiveLevelColor | color | clrGray | Inactive Level Color |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone Shifrozy/Grid_Trading_EA_MT5 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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