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Obsidian EA is a grid-based expert advisor for MetaTrader 4 that opens trades on its own signal logic. It is aimed at EURUSD and GBPUSD on M5 and offers fixed, step and martingale lot modes plus a day and hour filter.
Get one message the moment it launches, with its price.
Obsidian EA is an expert advisor for MetaTrader 4 that combines signal-based entries with a grid of orders. It is designed to run unattended on a chart, mainly on EURUSD and GBPUSD with the M5 timeframe, and it gives you a choice of how position sizes grow as the grid builds.
The EA watches price on the chart it is attached to and opens an initial trade when its entry conditions are met. If price moves against that trade, it can add further orders at set distances, forming a grid. The exit logic then works with the whole basket of orders rather than a single position. The exact entry rules are not published in detail, so treat the EA as a closed system and judge it by how it behaves on a demo account.
The suggested setup is EURUSD or GBPUSD on the M5 chart. Grid systems react strongly to spread and slippage, so an ECN or raw-spread account with low spreads is the preferred environment. Wide spreads can change how often orders trigger and how the basket closes, so compare your broker's conditions with what you saw in testing.
The EA is meant to run on its default inputs, and SET files are not required. Check the input tab after loading it, because the exact names and defaults can differ between builds.
| Input area | What to check |
|---|---|
| Lot mode | Choose fixed lot, step lot or martingale. |
| Lot size | Set a starting size that suits your balance and risk limit. |
| Time filter | Select the trading days and hours you want the EA to be active. |
| Grid spacing and depth | Review the defaults and how many orders the grid may open. |
| Magic number | Use a unique value if other EAs trade on the same account. |
Grid and martingale methods can hold several losing positions at once, and drawdown can grow quickly in a strong trend. A suggested deposit of around 1,000 USD is a starting reference only, and a smaller balance leaves less room for the grid. Check the maximum number of open orders and the worst-case exposure before you trade live.
Trading carries risk, and you can lose some or all of your capital. Past results, including any demo or signal history, do not predict future ones. Test on a demo account first and only risk money you can afford to lose.
Run it on a demo account for a few weeks, watch how the grid behaves in different conditions, and only then decide whether to use it on a live account.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (MT4) |
| Strategy focus | Signals, Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (EA) |
| Trade style | Signal-based entries with a grid of orders |
| Suggested markets | EURUSD and GBPUSD |
| Suggested timeframe | M5 |
| Grid lot modes | Fixed lot, step lot, martingale |
| Account type | ECN or raw-spread account with low spreads |
| Suggested deposit | Around 1,000 USD; check with your broker and risk limits |
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No. This listing is for the MetaTrader 4 build and will not load in MT5. If you trade on MT5, you need a product made for that platform.
The default inputs are intended to be usable as they are, so a SET file is not required. You can still change the inputs, but test any change on a demo account first.
Grid systems are sensitive to spreads and execution, so an ECN or raw-spread account with low spreads is the usual choice. Compare your broker's real spreads, commissions and swap with the demo results before going live.
EURUSD and GBPUSD on the M5 chart are the suggested setup. Other symbols and timeframes are possible but untested here, so run them on a demo account before using real money.
Step lot is the mode usually suggested as a starting point. Fixed lot is simpler to reason about, and martingale raises exposure fastest when price keeps moving against the grid. Whichever you pick, check the worst-case exposure on a demo account first.
Download the file, open MT4, choose File then Open Data Folder, and copy the expert into MQL4/Experts. Restart the platform or refresh the Navigator, then drag the EA onto an M5 chart with automated trading enabled.
Obsidian EA
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