MintyGrid: Free MT5 EA Download & Source Code

Overview

MintyGrid enters positions immediately and manages losing trades by layering additional orders at specific intervals. The expert advisor utilizes martingale and reverse-martingale lot scaling to recover from drawdowns during market swings. Risk management includes configurable lot multipliers and dynamic profit targets based on account margin. It supports simultaneous multi-symbol trading. The developer highlights its aggressive nature and notes that it typically operates without a hard stop loss.

Indicator-free automated grid trading

Martingale and reverse-martingale lot scaling

Multi-symbol support for simultaneous currency trading

Dynamic risk and profit calculation based on margin

Details

Author

adamjbradley on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Grid, Martingale, Hedging

Markets

Forex

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

Experts/MintyGrid.mq5

Source

github.com/adamjbradley/MintyGrid

Input Parameters

Read from MintyGrid.mq5. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`riskType`	`RiskType`	`Dynamic`	Whether to use fixed or dynamic risk
`riskBase`	`RiskBase`	`Margin`	Factor to base risk on when using dynamic risk
`riskFactor`	`double`	`10.0`	Fixed lot size or dynamic risk factor
`stopLoss`	`double`	`0.00`	Percentage of price to be used as stop loss (0 to disable)
`profitType`	`RiskType`	`Dynamic`	Whether to use fixed or dynamic profit
`profitBase`	`RiskBase`	`Margin`	Factor to base profit on when using dynamic profit
`profitFactor`	`double`	`10.0`	Fixed profit in deposit currency or dynamic profit factor
`profitManyPairsDeviser`	`double`	`0.00`	Factor to divide total profit by for all symbol profit
`gridStepMax`	`int`	`10`	Maximum amount of grid steps per direction
`gridStepBreakEven`	`int`	`3`	Try break even on grid step (0 to disable)
`gridStepMovement`	`double`	`0.03`	Step price movement percentage
`gridStepMultiplier`	`double`	`3.33`	Step price movement multiplier (0 to disable)

Show all 21 inputs

Name	Type	Default	Description
`gridReverseStepMultiplier`	`double`	`1.00`	Reverse price movement multiplier (0 to disable)
`gridStepProfitMultiplier`	`double`	`1.00`	Step profit multiplier (0 to disable)
`gridStepLotMultiplier`	`double`	`2.00`	Step martingale lot multiplier (0 to disable)
`gridReverseLotDeviser`	`double`	`1.50`	Reverse martingale lot deviser (0 to disable)
`buy`	`bool`	`true`	Whether to enable buy trades
`sell`	`bool`	`true`	Whether to enable sell trades
`currencyPairs`	`string`	`EURUSD,EURGBP,GBPUSD`	Symbols to trade comma seperated
`showComment`	`bool`	`true`	Show table, disable for faster testing
`magicNumber`	`int`	`901239`	Magic number

How to Install It

1Download the sourceUse "Download source (.zip)" above, or clone adamjbradley/MintyGrid 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, and any .mqh files into the Include folder the code expects.

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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