by 
This Expert Advisor for MetaTrader 5 implements a martingale trading strategy triggered by the Relative Strength Index (RSI). It opens an initial position when RSI reaches overbought or oversold thresholds. If price continues to move against the initial trade, the EA layers additional orders at set point intervals, mul
Trading robot · MT5
GridMaster Pro
An automated MetaTrader 5 expert advisor that executes a bi-directional grid trading strategy.
High risk
GitHub stars129
Forks41
Last update5 months ago6 Apr 2026
LicenceMIT
Overview
GridMaster Pro 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 management features such as fixed or dynamic lot sizing based on account percentage, hard stop losses, take profits, and a trailing stop mechanism. A built-in circuit breaker monitors equity drawdown, pausing the EA and optionally closing all positions if a specific percentage threshold is breached.
- ATR-adaptive grid spacing
- Bi-directional grid execution modes
- Equity drawdown circuit breaker
- Broker-aware stop level management
- Dynamic risk-based lot sizing
Details
Author
sajidmahamud835 on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Grid, Mean reversion
Markets
Forex, Gold, Crypto, Indices
Timeframes
M15-H1
Risk profile
- Opens a grid of orders: exposure builds up in a trend
EA files
Topics
eamql5mt5grid-tradinggrid-trading-bottradingbot
Input parameters
Read from GridMaster Pro.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
GridMode | ENUM_GRID_MODE | GRID_NEUTRAL | Grid Mode |
MaxOrders | int | 5 | Max orders per side |
ATRPeriod | int | 14 | ATR period |
ATRMultiplier | double | 1.5 | ATR multiplier for grid distance |
LotMode | ENUM_LOT_MODE | LOT_FIXED | Lot sizing mode |
LotSize | double | 0.1 | Fixed lot size |
RiskPercent | double | 1.0 | Risk % per order (dynamic mode) |
UseTakeProfit | bool | true | Enable Take Profit |
DefaultTP | double | 200.0 | Min TP in points (auto-adjusted for broker) |
UseStopLoss | bool | true | Enable Stop Loss |
DefaultSL | double | 1000.0 | Min SL in points (auto-adjusted for broker) |
UseTrailingStop | bool | true | Enable Trailing Stop |
Show all 18 inputs
| Name | Type | Default | Description |
|---|---|---|---|
TrailingPoints | double | 100.0 | Trailing stop in points |
TrailingStep | double | 20.0 | Trailing step in points |
MaxDrawdownPct | double | 5.0 | Max drawdown % before pausing |
CloseOnDrawdown | bool | true | Close all orders on drawdown breach |
MagicBase | int | 47291 | Base magic number |
DebugMode | bool | false | Enable debug logging |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone sajidmahamud835/grid-master-pro-mt5-ea 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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