Burning Grid

Burning Grid is an expert advisor for MetaTrader 5 that runs several grid strategies at once from a single chart. Instead of attaching one copy to every pair, you select the symbols you want, and a shared layer of controls decides whether new grid activity is allowed.

How it works

Each supported symbol can start its own strategy and react to its own market conditions. Before new activity is opened, the expert advisor checks it against shared limits: the current spread, the exposure already held on that symbol, the exposure on the currencies involved, and account-level rules. The aim is to keep the strategies from piling into the same risk without anyone noticing.

Grid-level modes

• One position per level: every level that is reached opens its own position ticket.
• One position per strategy: when the next level is reached, the current position is replaced by a single position sized to the combined level volume.

Both modes are grid-based. Having fewer open tickets does not remove the growing exposure as levels are added.

Early Exit Engine

Before another level is added to a longer-running grid, the Early Exit Engine can reassess the conditions behind that strategy. If they have changed too far, the grid may be closed instead of extended. This is not a guarantee of a small loss, and the result depends on the market and on execution.

Operating modes

• Regular: intended for standard accounts above 10,000 USD.
• Prop Firm: checks strategy allocation against an account-limit budget that you configure. It does not guarantee that a provider's rules will be met.
• Small Account: designed for balances below 10,000 USD with an account-specific configuration. A broker's minimum lot size can push the effective risk higher than the target.
• Auto Small / Regular: applies the mode logic automatically.

Markets and timeframes

The expert advisor supports up to 35 symbols from one chart. Your broker must offer the symbols you select, and you may need to enter the broker's exact symbol suffix. Check the product manual for the list of supported symbols and for any chart timeframe requirement.

Settings

Exact defaults and ranges are in the product manual and the setfiles supplied by the author. Check them before you trade live. The main groups of inputs are:

When a limit triggers, affected positions can be closed and new activity blocked for 24 hours, subject to execution conditions.

Risk

Grid systems add exposure as price moves against them, so equity drawdown matters as well as balance drawdown. Risk percentages are sizing targets for each strategy, not maximum losses. Gaps, slippage, broker execution and minimum lot sizes can all increase realised losses, and several strategies may be active at the same time.

Installation

1. Confirm that your MT5 account is a hedging account and that the symbols you want are available.
2. Copy the expert advisor into the MQL5/Experts folder of your terminal, or install it using the method described in the store instructions, then restart MetaTrader 5.
3. Check the manual to see whether any extra permissions are needed, such as allowing imports.
4. Enable Algo Trading and open one chart.
5. Attach the expert advisor, load the setfile you want to use, and enter your broker's symbol suffix if needed.
6. Run it in the Strategy Tester first, starting with a low risk value and the lowest risk profile. Use a VPS for continuous operation.