This MetaTrader 5 expert advisor executes a grid trading strategy enhanced with martingale lot scaling. The system identifies market direction through multi-timeframe analysis using Exponential Moving Averages and the Average Directional Index. It features dynamic grid spacing that adjusts based on market volatility an
Trading robot · MT5
Ichimoku Grid Martingale EA
This MetaTrader 5 expert advisor utilizes the Ichimoku Kinko Hyo indicator for trend identification, specifically targeting gold on the 15-minute timeframe.
High risk
GitHub stars2
Forks1
Last update5 months ago19 Apr 2026
LicenceNone stated
Overview
Ichimoku Grid Martingale EA employs a grid-based trading strategy that layers orders at fixed point distances when the market moves against the initial entry. To manage these positions, the robot uses a martingale lot multiplier and targets a global monetary take profit for the entire basket. Notably, the EA lacks a hard stop loss and the source code explicitly warns of a high risk of total account ruin.
- Ichimoku Kinko Hyo trend detection
- Martingale lot size multiplier
- Fixed-point grid order spacing
- Global monetary take profit
- Configurable trade direction filters
Details
Author
Omzpat on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Trend following, Grid, Martingale
Markets
Gold
Timeframes
M15-H1
Risk profile
- Uses martingale lot scaling: losses can grow fast
- Opens a grid of orders: exposure builds up in a trend
- Trades without a fixed stop loss
EA files
Input parameters
Read from EA_Ichimoku_Martingale_Grid.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpInitialLot | double | 0.01 | Lot de départ |
InpMultiplier | double | 2.0 | Multiplicateur de lot (martingale) |
InpGridStepPoints | int | 800 | Écart entre ordres (points) |
InpGlobalTakeProfit | double | 10.0 | Take Profit global en $ (somme des positions) |
InpMagicNumber | ulong | 202504 | Magic Number |
InpTenkan | int | 9 | Période Tenkan-sen |
InpKijun | int | 26 | Période Kijun-sen |
InpSenkou | int | 52 | Période Senkou Span B |
InpTimeframe | ENUM_TIMEFRAMES | PERIOD_M15 | Timeframe pour Ichimoku |
InpAllowBuy | bool | true | Autoriser les achats |
InpAllowSell | bool | true | Autoriser les ventes |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone Omzpat/IchimokuGridMartingaleEA 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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