Available soon
Loading product…
Alpha Grid MT5 is an expert advisor for hedging accounts that deploys and manages grids of pending orders in four directions. Step, take profit, stop loss and lot size can each be adjusted with coefficients.
Get one message the moment it launches, with its price.
Alpha Grid MT5 is an expert advisor for building and running grids of pending orders on MetaTrader 5 hedging accounts. Rather than following one fixed grid recipe, it offers a set of controls that you can combine and adjust over time.
The expert advisor can maintain four kinds of grid at once. Each grid has its own starting price and its own block of settings, so the grids operate independently of one another.
Starting prices can be entered by hand or produced by built-in algorithms. If you plan to anchor grids to support and resistance zones, check which starting price options the current settings list offers and test them on a demo account.
Grid step, take profit, stop loss and lot size can each change from one order to the next using multiplication, division, addition or subtraction. This lets you build evenly spaced grids as well as grids that widen, tighten or scale position size.
When a grid position closes, whether by take profit, stop loss or manually, the expert advisor can place a new pending order with the same settings in its place. This option can be switched off. Because the orders are pending, they are held by the broker server and do not depend on the terminal being open at every moment.
Trading can be limited to a time range or blocked within one, and a daily restart at set hours is supported. A separate tracking mode can stop the grid from updating once a profit or loss level, set in account currency, has been reached. It can also close positions or delete pending orders at that point. The upper level acts as a take profit and the lower level as a stop loss. A multiple-trade variant of this tracking is also included; review its parameters before use.
It can be attached to any symbol and any timeframe, regardless of the number of digits in the price. Because grids can hold many positions in one direction, symbol choice, spread and margin need careful thought.
The exact parameter names and defaults are shown in the input window when you attach the expert advisor. The table lists the main groups to review.
| Group | What to check |
|---|---|
| Grid type | Which of the four grids are enabled and their starting prices |
| Step | Base distance and any coefficient applied |
| Take profit and stop loss | Size per order and coefficient type |
| Lot size | Base volume and how it scales |
| Re-opening | Whether closed positions are replaced |
| Time control | Allowed or blocked hours and daily restart |
| Profit and loss tracking | Levels in account currency and the action taken |
| Magic number | Unique value for each chart or instance |
Grid methods can accumulate several open positions while price moves in one direction, which raises margin use and drawdown. Stop loss levels, lot scaling and profit or loss limits should be chosen with that in mind.
Trading carries risk, and past results do not predict future ones. Test any settings on a demo account first and only trade with money you can afford to lose.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Grid, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor |
| Account type | Designed for hedging accounts |
| Markets | Any symbol offered by your broker |
| Timeframes | Any chart timeframe |
| Trade style | Grid of pending orders, configurable per direction |
| Strategy tags | Grid, support and resistance |
| Requirements | Algorithmic trading enabled; broker that allows pending orders |
No reviews yet. Customers who own Alpha Grid MT5 can review it here.
No. This product is built for MetaTrader 5 only. It cannot be loaded into MT4, so check that your broker offers an MT5 account before buying.
The expert advisor is designed for hedging accounts, where several positions can be open on one symbol at the same time. If your account uses netting, confirm with your broker whether a hedging account is available, and test on a demo account first.
By default it manages only its own orders and positions, which it identifies by magic number. It can be set up to manage positions opened manually or by other programs, so check that option carefully before enabling it. If you run several copies on one symbol, give each its own magic number.
Parameters are intended to be adjustable while trading continues, so you do not have to stop the expert advisor for every change. Make changes gradually and confirm the result on the chart and in the journal.
Copy the downloaded files into the MQL5 folder of your terminal through File, Open Data Folder, then restart MetaTrader 5 or refresh the Navigator. Drag the expert advisor onto a chart and enable algorithmic trading.
There is no single figure that suits every account. Grid systems can hold many open positions, so check margin requirements with your broker, start with small lot sizes on a demo account and review the exposure before going live.
Alpha Grid MT5
Notify me at launchQuestions about this tool?
Ask us on Telegram Install guide for MT4 and MT5 Get a custom version builtFree, practical help with testing, sizing and running expert advisors.
More MT5 tools with a similar focus.
Own Alpha Grid MT5? Sign in to review it.