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
MintyGrid
MintyGrid is an automated trading robot for MetaTrader 5 that employs a grid-based strategy without relying on technical indicators or market averages.
High risk
GitHub stars1
Forks0
Last update3 years ago12 Apr 2023
LicenceNone stated
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
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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