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AW Double Grids is an MT5 expert advisor that opens a pair of opposite buy and sell orders, then increases the volume in one direction as the grid develops. It includes automatic lot sizing, fixed or ATR-based take profit, protection limits and an on-chart panel.
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AW Double Grids is a fully automated expert advisor for MetaTrader 5 that trades with two opposite grids at once. It opens a buy and a sell together, closes the side that reaches its take profit, and then opens a new pair with a larger volume in the direction that is still open.
The expert starts a cycle by placing two opposite orders. When one of them closes in profit, the expert opens two new orders again and raises the volume of the direction that remains open, using either a multiplier or a fixed addition to the last order size. Because volume grows as the basket grows, the strategy depends heavily on how far price moves in one direction before it turns back.
The take profit is virtual and calculated from the breakeven price of the current group of orders. Two modes are available: a fixed distance in points, or a distance derived from ATR so that it follows the volatility of the instrument. An extra setting raises the take profit for each order held in the opposite direction. As an illustration only, a base of 100 points with an increase of 10 would give 100 for the first order, 110 for the second and 120 for the third. Check the actual defaults in the terminal.
A separate last cycle step controls the spacing of orders when opening new ones is prohibited or when you intervene manually. This step must be larger than the take profit. A step work mode decides whether the step logic is used only in the last cycle or always, and a further option limits the expert to one closure per candle once the basket reaches a chosen number of orders, which is aimed at long one-directional moves.
The description does not set a specific list of symbols or a required timeframe. Test any symbol you plan to use in the Strategy Tester and on a demo account, paying attention to spread, swap and the ATR timeframe you select. Because buy and sell positions are open together, an MT5 hedging account is normally needed.
The inputs are grouped into main, take profit, last cycle, protection and general settings. The table lists the main ones. Exact default values are not given here, so read them in the input dialog before attaching the expert.
| Setting | Purpose |
|---|---|
| Size of the first order | Starting lot when autolot is off |
| Enable autolot calculation | Sizes lots from the deposit amount per 0.01 lots |
| Type of multiplier and multiplier value | Adds to or multiplies the last order size |
| TP mode, fixed size, ATR multiplier, ATR period and timeframe | Defines the take profit distance |
| Maximum slippage and maximum spread | Blocks orders in poor conditions |
| Maximum order size and maximum number of orders | Caps exposure for one order type |
| Magic number and order comment | Identifies the expert's orders |
| Allow buy and allow sell | Enables or disables each direction |
| Allow new orders after close | Lets you wind a basket down without starting another |
| Panel, font size and profit marks | Controls the on-chart display |
Increasing volume against the market can build large positions and large drawdowns, and a grid can reach the broker's margin limit during a persistent trend. Use the maximum order size and order count limits, and keep the deposit per 0.01 lots at a level you can afford.
Trading carries risk, and you can lose more than you expect. Past results, including any published signal, do not predict future ones. Test on a demo account before using real funds.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Signals, Grid, Volume |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Fully automated expert advisor |
| Trade style | Two-way grid with increasing volume |
| Take profit modes | Fixed points or ATR-based |
| Lot sizing | Fixed first order or autolot by deposit |
| Markets and timeframes | Not fixed in the description; test on your own symbol |
| Account type | Hedging account normally needed for opposite positions |
| Interface | On-chart information panel |
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No. This product is built for MetaTrader 5 only. The author publishes a separate MT4 edition, which is a different product and has to be obtained separately.
The strategy holds a buy and a sell at the same time, so an MT5 hedging account is normally required. On a netting account opposite positions are merged, which would change how the grid behaves. Confirm the account type with your broker before running it.
The description does not fix a single market or timeframe, so check the documentation that comes with the download and test your chosen symbol in the Strategy Tester first. The ATR timeframe is a separate input from the chart timeframe.
In MT5 choose File, then Open Data Folder, and copy the expert advisor file into the MQL5 Experts folder. Refresh the Navigator panel or restart the terminal, drag the expert onto a chart and make sure Algo Trading is switched on.
No setting can remove risk. Grid systems that raise volume can lose heavily in a long one-way move. Use a demo account first, size the deposit per 0.01 lots conservatively and set the order size and order count limits.
Check the product page in the store for the latest download. Reinstall by replacing the old file in the Experts folder and keep a note of your input values, since you may need to enter them again.
AW Double Grids MT5
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