This MetaTrader 5 expert advisor is designed for gold trading, utilizing a multi-timeframe strategy across the M15, H1, and H4 charts. It integrates technical indicators including ADX, RSI, and Moving Averages to identify trend-following and breakout opportunities. Risk controls include dynamic lot sizing based on acco
Trading robot · MT5
Volatility Grid Bot
This MetaTrader 5 expert advisor implements a volatility-driven grid strategy primarily focused on Gold.
High risk
GitHub stars1
Forks0
Last update2 months ago7 Jul 2026
LicenceNone stated
Overview
Volatility Grid Bot populates a range of buy-stop and sell-stop limit orders at specified intervals around the market price. The system transitions into a trend-following mode once multiple orders are triggered in one direction, applying a unified trailing stop to open positions while cancelling opposing pending orders. Risk management features include a daily loss percentage cap, a fixed dollar-based floating loss limit, and automated session management to clear all positions before market close.
- Automatic stop-limit order grid generation
- Unified trailing stop management for basket positions
- Daily equity loss percentage protection
- Session-based trading with automated daily closure
- Customizable order spacing and trailing distance
Details
Author
ARYoz on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Grid, Breakout, Trend following
Markets
Gold, Forex
Timeframes
M15-H1
Risk Profile
- Opens a grid of orders: exposure builds up in a trend
EA Files
Input Parameters
Read from VolatilityGridBot.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpLotSize | double | 0.01 | Lot size (same for buy & sell) |
InpOrderSpacing | double | 1.0 | Spacing between stop-limit orders ($ for gold) |
InpTrailingDistance | double | 1.0 | Trailing stop distance ($) |
InpOrdersPerSide | int | 20 | Stop orders per side at start |
InpMinPendingAbove | int | 10 | Min pending buy stops above price |
InpMinPendingBelow | int | 10 | Min pending sell stops below price |
InpDailyLossPercent | double | 50.0 | Daily max loss % (stop immediately) |
InpMaxOpenLossDollars | double | 0.0 | Max floating loss on open trades $ (0=off) |
InpUseSessionHours | bool | true | Enable session open/close hours |
InpSessionOpenTime | string | 01:05 | Bot opening time (HH:MM server) |
InpSessionCloseTime | string | 23:50 | Bot closing time - close all (HH:MM) |
InpStopNewOrdersTime | string | 23:30 | Stop new orders before close (HH:MM) |
Show all 15 inputs
| Name | Type | Default | Description |
|---|---|---|---|
InpMagicNumber | ulong | 20260705 | Magic number |
InpSlippage | int | 30 | Slippage (points) |
InpOrderComment | string | VGB | Order comment prefix |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone ARYoz/VolatilityGridBot 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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