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 ยท MT5
XAUUSD Martingale Grid
This MetaTrader 5 expert advisor is designed for gold trading using a combined martingale and grid approach.
High risk
GitHub stars5
Forks4
Last update10 months ago16 Nov 2025
LicenceNone stated
Overview
XAUUSD Martingale Grid uses a moving average crossover filter to determine initial entry direction. If the market moves against the position, the EA opens additional trades at fixed intervals, increasing the lot size via a multiplier to lower the break-even point. The entire series closes once a cumulative take profit target is met. Users can restrict the total number of orders to control drawdown risk. The system lacks individual trade stop losses.
- Moving average crossover trend confirmation
- Configurable martingale lot multiplier
- Fixed distance grid step
- Collective basket take profit
- Maximum order limit control
Details
Author
coler07 on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Martingale, Grid, Indicator crossover
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
Input parameters
Read from XAUUSD_Martingale_EA.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InitialLot | double | 0.01 | Initial Lot Size |
LotMultiplier | double | 2.0 | Lot Multiplier for Grid |
GridStep | int | 500 | Grid Step in Points (50 pips for XAUUSD) |
TakeProfit | int | 500 | Take Profit for Series in Points (50 pips) |
MaxOrders | int | 8 | Maximum number of orders in a series |
MagicNumber | int | 144401 | Unique Magic Number |
FastMAPeriod | int | 10 | Fast MA Period |
SlowMAPeriod | int | 30 | Slow MA Period |
MAMethod | ENUM_MA_METHOD | MODE_EMA | MA Method |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone coler07/mql5-format 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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