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Grid Master EA is an MT5 expert advisor that opens a basket of grid orders in the direction you choose and closes it at a set take profit. It includes news, time and indicator filters, a drawdown limit and an on-chart panel.
Get one message the moment it launches, with its price.
Grid Master EA is a fully automated MetaTrader 5 expert advisor that trades with a grid of orders. It opens an initial position, adds further orders as price moves away, and closes the whole basket when a take profit target is reached.
You first choose the trading direction: long only, short only or both. You then set the lot size of the first order and the distance in points the market must travel before the EA enters. After that, the grid takes over. Each new order is placed when price moves a further step from the previous one, and the volume can grow according to a multiplier. When the basket reaches its take profit, all orders close and a new cycle begins.
The EA offers three configurable grids, each with its own step, multiplier and take profit. This lets you change the grid size automatically at set stages, which is one way to manage drawdown.
Trades can be filtered with Moving Average, Bollinger Bands and RSI, used alone or together. The news filter pauses trading around important events, lets you reclassify events, ignore keywords and close positions ahead of news. The time filter allows up to ten time windows per weekday, which helps avoid session changes and wide spreads.
The description does not limit the EA to particular symbols or timeframes. Choose them yourself and test thoroughly, because spreads, volatility and swap costs differ between instruments and brokers.
| Input group | What it controls |
|---|---|
| Direction and entry | Long, short or both; initial lot; entry distance in points |
| Grid step, multiplier, multiply after | Distance and volume of later orders |
| Take profit and TP multiplier | Basket target and how it changes over time |
| Max lots, max buys, max sells | Limits on order volume and count |
| Max drawdown | Account-level loss limit |
| Trailing and breakeven | Start, size and step of the trailing stop |
| News, time and indicator filters | When and in which conditions trades are allowed |
| Visual settings | Panel colours, font and size, or hide the panel |
Default values and any minimum deposit depend on your broker and the EA's current input list, so check them in the inputs window before running it live.
Trading carries risk and past results do not predict future ones. Grid and multiplier methods can build large positions in a trending market. Test on a demo account first and set drawdown and volume limits you can accept.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Grid, Volume |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (fully automated) |
| Trade style | Grid with optional volume multiplier |
| Direction | Long only, short only or both |
| Filters | News, time of day, Moving Average, Bollinger Bands, RSI |
| Risk controls | Max drawdown, max lots, max buys and sells, trailing, breakeven |
| Markets and timeframes | Set by the user; test on your own symbol and broker |
| Requirements | Algo trading enabled; VPS recommended for continuous running |
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No. This product is built for MetaTrader 5 only. It will not load in MetaTrader 4, so check that your broker offers an MT5 account before buying.
Open MT5, choose File and then Open Data Folder, and copy the downloaded EA file into the MQL5/Experts folder. Restart the terminal or refresh the Navigator, drag the EA onto a chart and allow algorithmic trading.
The store does not provide a single recommended set. The right grid step, multiplier and take profit depend on the symbol, the broker's spreads and your account size. Test on a demo account or in the Strategy Tester first, and check the input descriptions inside the EA.
Yes. Grid systems open more orders as price moves against the first trade, and a multiplier increases volume further. Drawdown can grow quickly in a strong trend. Use the max drawdown, max lots and order count limits, and trade only with money you can afford to lose.
The EA must be running on a connected terminal to manage open baskets and apply filters. A VPS is a common way to keep it running without interruption, but it is not mandatory.
News data usually comes from the terminal's economic calendar, which may not be available in every tester mode. Check this on your own setup before relying on test results that involve news.
Grid Master EA
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