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PZ Grid MT5 is an MQL5 expert advisor that trades signals from the ProfitZone PRO indicator. It manages trades with a stop loss and take profit, or with an optional grid, and includes news and time filters.
Get one message the moment it launches, with its price.
PZ Grid MT5 is an expert advisor for MetaTrader 5 that opens trades in the direction of signals from the ProfitZone PRO indicator. You can let it manage each position with a stop loss and take profit, or switch on a grid mode that adds further orders in the same direction as the signal.
The robot reads the buy and sell signals produced by the ProfitZone PRO indicator and places orders accordingly. It does not invent its own entry logic, so the quality of the entries depends on that indicator and on the market it is applied to.
In the simple mode each trade carries a fixed stop loss and take profit. In grid mode the expert advisor opens a series of orders in the signal direction instead. A grid can increase the position size while a trade is moving against you, so it needs more margin and more careful sizing than single trades.
The developer describes several supporting features:
The suggested timeframe is M15. The developer recommends EURUSD, EURAUD, AUDCAD, EURJPY and GBPUSD. You can test other symbols, but run your own tests first, since spreads and volatility differ between brokers and instruments.
Exact input names and defaults can differ, so open the input tab after loading the robot and read each option before trading. These are the groups worth checking:
| Area | What to check |
|---|---|
| Order mode | Whether trades use stop loss and take profit or the grid |
| Lot size | Fixed or risk-based sizing, matched to your balance |
| Grid | Number of orders, spacing and maximum exposure |
| Drawdown reduce | When and how open positions are reduced |
| News filter | Which events are avoided and for how long |
| Time filter | Trading hours, adjusted to your broker server time |
Set files may be offered by the developer. Check the product page for how to obtain them, and confirm any minimum deposit or leverage recommendation before using real funds.
Trading carries risk, and past results do not predict future ones. Grid methods can build large positions during a sustained move against you. Test on a demo account, keep lot sizes modest and never trade money you cannot afford to lose.
| Product type | Expert advisor (automated trading) |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Signals, Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Trade style | Signal-based entries with optional grid |
| Signal source | ProfitZone PRO indicator |
| Suggested timeframe | M15 |
| Suggested symbols | EURUSD, EURAUD, AUDCAD, EURJPY, GBPUSD |
| Filters | News filter and time filter |
| Requirements | Algo trading enabled; a VPS is useful for continuous running |
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No. This listing is built for MetaTrader 5 only. Do not try to load it into MT4, as the file formats and the trading model are different.
The developer points to M15 and to EURUSD, EURAUD, AUDCAD, EURJPY and GBPUSD. Other symbols are possible, but you should test them yourself in the Strategy Tester and on a demo account first.
The expert advisor uses signals from that indicator. Check the product page and the files in your download to see whether it is included or has to be installed separately, and make sure it is in the correct folder before attaching the robot.
Yes. The expert advisor can manage trades with a stop loss and take profit instead of the grid. Look at the input list after loading it to see how the two modes are selected.
It should run on any MT5 broker that allows expert advisors, but spreads, execution speed, symbol suffixes and account type can change how it behaves. Test it on a demo account with your broker before using real funds.
It is not strictly required, but an expert advisor only trades while the terminal is running and connected. A VPS keeps it online without depending on your own computer.
PZ Grid MT5
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