by 
AutoTrade EA is a scalping robot for MetaTrader 4 and 5 that utilizes a multi-indicator signal scoring system based on Exponential Moving Average crossovers and RSI levels. It employs an aggressive trade management strategy featuring a dynamic grid and a stepped martingale lot scaling system where position sizes increa
Trading robot · MT5
M Grid
This Expert Advisor for MetaTrader 5 implements a bi-directional grid strategy combined with martingale lot scaling.
High risk
GitHub stars1
Forks1
Last update11 months ago3 Oct 2025
LicenceGPL-3.0
Overview
The robot monitors buy and sell legs independently, opening new orders at fixed pip intervals when the price moves against existing positions. It utilizes an exponential growth factor to increase trade volumes for recovery, aiming to exit the entire basket at a calculated average price plus a take profit offset. The system includes settings for grid spacing and recovery distance, though the documentation is limited to technical disclaimers.
- Exponential martingale lot scaling
- Average price take profit management
- Configurable grid spacing in pips
- Independent buy and sell leg tracking
Details
Author
OrchardForexTutorials on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Grid, Martingale, Hedging
Markets
Any symbol
Timeframes
Any timeframe
Risk profile
- Uses martingale lot scaling: losses can grow fast
- Opens a grid of orders: exposure builds up in a trend
- Holds opposite positions at once
- Trades without a fixed stop loss
EA files
Input parameters
Read from M Grid 2.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpTakeProfitPips | double | 10.0 | Take profit pips |
InpGridSizePips | double | 20.0 | Grid spacing pips |
InpMartingaleFactor | double | 0.2 | Martingale exponential growth (1+g)^n |
InpRecoveryPips | double | 100.0 | Martingale max recovery pips |
InpVolume | double | 0.01 | initial Volume |
InpMagic | long | 250800 | Magic |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone OrchardForexTutorials/250810_martingale_grid_2 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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