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TrendLine GRID is an MT5 expert advisor that opens its first trade on a trend line indicator signal and adds grid orders if price moves against it. It includes a trading panel and a drawdown reduction routine, and it needs a hedging account.
Get one message the moment it launches, with its price.
TrendLine GRID is an expert advisor for MetaTrader 5 that combines a trend line indicator signal with a grid of averaging orders. It opens an initial position when the indicator gives a signal, then adds further orders if price moves against that position, and it includes a panel for manual control.
The first order in each sequence is placed from a trend line indicator signal, either buy or sell. If price then moves against the position, the EA adds orders at intervals to form a grid, so the average entry price moves closer to the current market. The sequence is closed when the basket reaches its target.
Once the grid has reached a set number of orders, a drawdown reduction function becomes active. It closes the most unprofitable orders by pairing them with profitable ones, which lowers the open exposure. This does not remove the risk of a deep adverse move; it only changes how the basket is unwound.
The EA can also look after trades you open yourself and work them toward a profit. A trading panel on the chart lets you:
The EA is aimed mainly at forex symbols on a hedging account. Suitable symbols and timeframes depend on the presets you use, so check the set files and guide supplied with the product and confirm them on a demo account before trading live.
Exact input values are not listed here because they vary by symbol and account. Review these groups of inputs before you start:
| Area | What to check |
|---|---|
| Lot size | Starting lot and how it grows through the grid |
| Grid step | Distance between added orders |
| Order limit | Maximum number of orders in one grid |
| Drawdown reduction | Order count at which it starts |
| Signal direction | Buy, sell or both |
Grid strategies can hold several losing positions at once and use more margin as the grid grows. Size the lot to your balance, leverage and the largest grid you could face, and test with a demo account first.
Trading carries risk, and past results do not predict future ones. You can lose some or all of your deposit. Never trade with money you cannot afford to lose.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (hedging account required) |
| Strategy focus | Signals, Trend, Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor |
| Trade style | Signal-based entry with grid averaging |
| Entry logic | Trend line indicator signals, buy or sell |
| Markets | Forex symbols; check the seller's set files for suggestions |
| Timeframes | Set per the recommended presets; confirm before use |
| Controls | On-chart trading panel with manual and auto modes |
| Requirements | Always-on terminal or VPS, adequate margin |
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No. It is an MT5 expert advisor and will not run on MetaTrader 4. Your MT5 account must also be a hedging account, because the grid can hold buy and sell positions at the same time on one symbol.
For continuous automated trading, yes, or any computer that stays on with the terminal open and a stable connection. A grid that is switched off mid-sequence cannot manage its open orders, so uptime matters.
This page does not list exact values, because they depend on the symbol, broker and your risk tolerance. Check the set files and guide that come with the product, and test them on a demo account before using real money.
The EA is designed to accompany manually opened trades as well as its own, and the panel lets you place orders by hand. Test how it handles manual positions on a demo account first so you understand its behaviour.
There is no single figure that suits every broker or symbol. Grid strategies use more margin as orders accumulate, so check the contract size, leverage and your lot size, and keep enough free margin for a full grid.
Copy the downloaded files into the MQL5 folder of your MT5 data directory, restart or refresh the terminal, attach the EA to a chart and allow algorithmic trading. Steps are in the installation section above.
TrendLine GRID
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