Grid X MA: Free MT5 Expert Advisor

Overview

Grid X MA enters trades by opening multiple orders in a grid formation filtered by an EMA 81 MA signal. The EA supports buy and sell directions or both, with adjustable lot sizes starting at 0.05 and steps of 0.01. Trades are managed with a maximum of 100 orders, take profit at 300 points, and grid steps of 250 points. Risk features include equity recovery thresholds and cooldown periods after recovery events. No stop loss is set by default. It functions on the MT5 platform for forex trading.

Grid Trading

MA Filter

Buy Sell Grid

Recovery Mode

Trend Recovery

Details

Author

khamminasomchanmavong on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Grid, Indicator crossover

Markets

Forex

Timeframes

Any timeframe

Risk Profile

Opens a grid of orders: exposure builds up in a trend
Trades without a fixed stop loss

EA Files

Source

github.com/khamminasomchanmavong/Grid-x-MA

Input Parameters

Read from Grid x MA-Live.mq5. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default
`MAPeriod`	`int`	`81`
`TradeDirection`	`ENUM_TRADE_DIRECTION`	`TRADE_BUY_AND_SELL`
`GridMode`	`ENUM_GRID_MODE`	`MODE_GRID`
`LotSize`	`double`	`0.05`
`LotStep`	`double`	`0.01`
`GridStepPoints`	`int`	`250`
`TakeProfitPoints`	`int`	`300`
`MaxOrders`	`int`	`100`
`RecoveryEquityThreshold`	`double`	`0.0`
`CooldownMinutes`	`int`	`15`

How to Install It

1Download the sourceUse "Download source (.zip)" above, or clone khamminasomchanmavong/Grid-x-MA 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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