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Grid Harvester MT5 is an expert advisor that places a grid of orders to trade pullbacks inside trending markets. It can run automatically or support manual trading, and it includes an optional stop loss.
Get one message the moment it launches, with its price.
Grid Harvester MT5 is an expert advisor built around a grid of orders. It is designed to take advantage of pullbacks and corrections that occur inside a trending market, and it can be left to trade automatically or used by an experienced trader as a tool for manual trading.
A grid system opens several positions at set price distances instead of relying on a single entry. In a market that trends and retraces repeatedly, the idea is that the extra positions collect value from each swing. The cost of this approach is that exposure grows when price moves steadily against the grid, so the structure of the grid matters more than any single entry.
The EA includes a ready-made grid for GBPJPY that can be scaled to other currency pairs. You can also build your own grid from scratch, choosing the distances and the number of levels to suit the pair you trade. Support and resistance areas and momentum are useful reference points when deciding where the grid should begin and how wide it should be.
The strategy was developed with JPY pairs in mind, with GBPJPY as the main example and other JPY crosses as natural candidates. It can be applied to other pairs, but each one needs its own testing, because a grid tuned for a trending pair may behave very differently on a ranging one. The grid logic is not tied to one chart period, so you are free to choose the timeframe you prefer to monitor.
Grid settings can usually be explored in the Strategy Tester using open prices only mode, which is fast and lets you compare many combinations. Treat those results as a first filter and confirm shortlisted settings with every tick testing and a demo account. Test both rising and falling phases of a market, not only the one that suits the grid best.
Exact input names and defaults can differ, so open the Inputs tab and read each field before trading. The table below lists the areas to check.
| Area | What to check |
|---|---|
| Lot size | Start small and confirm how it scales across grid levels |
| Grid distance | Spacing between levels, matched to the pair's volatility |
| Number of levels | The maximum exposure the grid can reach |
| Direction | Buy, sell or both, depending on your view of the trend |
| Stop loss | Whether it is enabled and at what distance |
Trading carries risk and past results do not predict future ones. Grid strategies can accumulate large open exposure when price keeps moving against the grid. Test on a demo account first and never risk money you cannot afford to lose.
Check the support status of this product before you buy, and be ready to configure and monitor it yourself. Make sure your broker allows multiple positions and hedging or netting in the way the settings expect.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Trend, Grid, Momentum, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, grid trading |
| Strategy tags | Trend, grid, momentum, support and resistance |
| Markets | Forex pairs, with a focus on JPY crosses such as GBPJPY |
| Timeframes | Any; the grid logic is not tied to one chart period |
| Trade style | Multiple positions per direction, manual or automatic |
| Risk control | Optional stop loss setting |
| Requirements | Algo trading enabled, stable connection or VPS advised |
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This listing is for the MetaTrader 5 build only. It will not load in MetaTrader 4. If you trade on MT4, look for a separate MT4 product rather than trying to use this one.
The original author has indicated that support may be limited, so check with the store before buying and be prepared to work out the settings yourself. Because it is a grid system, you should understand how it behaves before using it on a live account.
The strategy was built around trending JPY pairs such as GBPJPY, and it can be adapted to other pairs by changing the grid. Timeframe is not critical to the grid logic, but you should test each pair and setup yourself in the Strategy Tester before using it.
Copy the expert advisor file into the Experts folder via File, Open Data Folder, MQL5, Experts in MetaTrader 5. Restart the terminal or refresh the Navigator, drag the EA onto a chart, and make sure Algo Trading is switched on.
Grid systems like this can often be tested in open prices only mode for fast parameter searches. Confirm any promising results with every tick testing, since open prices results can differ from real execution.
It offers an optional stop loss, but grid strategies can build large exposure in a strong move against the grid. Use position sizes you can afford and review the stop settings carefully.
Grid Harvester MT5
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