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Grid expert advisor MT4

Grid expert advisor MT4, a MetaTrader MT5 and MT4 expert advisor for trading forex profitably, as well as stocks, indices, futures  and can be downloaded for free from RobotFX
NFA & FIFO COMPATIBLE
...made to work with most brokers
ONE SINGLE PAYMENT
...no hidden fees, no subscriptions
FREE LIFE UPDATES
...every time a version is released
Grid EA MetaTrader MT4 MT5 Expert AdvisorMetatrader Grid EA for MT4 and MT5 is a professional expert advisor that implements a grid trading strategy combined with trend detection using moving averages and Stochastic confirmation. It can automatically hedge losing grid trades during market reversals, helping traders protect their account and maximize profits on MetaTrader platforms.
  • Trend detection and trade entries: The Grid EA uses a custom moving average to identify market trends and the Stochastic indicator to filter trade entries, following a professional trend-following strategy.
  • Flexible grid trading strategy: Traders can define the number of trades, distance between trades (in pips), and lotsize, allowing precise control over the grid setup.
  • Hedging losing trades: The EA places opposite pending trades within a recovery zone, so if the price reverses, losses from previous trades can be recovered automatically.
  • Risk management tools: Includes stop-loss, take-profit, trailing stop, break-even, and adjustable lotsize for better trade management and capital protection.

The RobotFX Grid EA is a professional MetaTrader MT4 and MT5 expert advisor that implements an advanced grid trading strategy. Unlike typical grid EAs, it opens trades based on price action, detects trends, and hedges during market reversals using a recovery zone. Traders can customize hedging lotsizes to maximize risk management and profit potential. This makes the Grid EA more reliable, versatile, and effective than standard grid trading expert advisors.

MetaTrader Grid Expert Advisor with trend detection and hedging
RobotFX Grid EA uses a custom moving average to detect the trend and Stochastic oscillator to time precise trade entries

The RobotFX Grid EA is a professional MetaTrader MT4 and MT5 expert advisor that manages lotsizes safely while trading a grid strategy. Unlike classic grid trading, which often increases lotsizes in a martingale-like approach leading to losses during reversals, RobotFX Grid EA dynamically adjusts lotsizes for both initial and hedging trades. Trades are opened according to the detected trend: long trades in uptrends and short trades in downtrends, with entry signals confirmed by the Stochastic oscillator or customizable indicators like MA crossovers and PSAR.

In a downtrend (price below the moving average), the EA opens only short trades. Stochastic ensures precise entries when crossing the overbought zone, and the opposite occurs for long trades in uptrends.

This combination of advanced grid trading strategy, trend detection, and hedging enables traders to maximize profits while minimizing losses, making RobotFX Grid EA a reliable and professional solution for MetaTrader MT4 and MT5 users.

Grid Expert Advisor trading example 1 with MT4 and MT5
Grid EA trading example 2 with trend detection on MT4 and MT5
Grid EA hedging trades example on MT4 and MT5
Grid EA trend-following and hedging example on MetaTrader
Grid EA trading example 4 on MetaTrader with hedging
Grid EA trading example 5 with hedging and risk management

Thanks to the advanced hedging capabilities, RobotFX Grid EA simplifies trade management on MetaTrader MT4 and MT5. Traders can easily customize:

  • Stop-loss, take-profit, trailing stop, and break-even settings
  • Number of grid trades and hedging trades
  • Distance between grid trades and the start of hedging (recovery zone)

These flexible options allow traders to implement professional grid trading strategies, reduce potential losses, and maximize overall profitability using RobotFX Grid EA.

The RobotFX Grid Expert Advisor settings, as seen in MetaTrader
The RobotFX Grid Expert Advisor settings, as seen in MetaTrader
  • Enter your Client Email - fill this with your email IF you are using a paid version of this EA on a LIVE account
  • LotSize - the lotsize of the first trade of the grid (if MoneyManagement is disabled)
  • Enable Stoploss and Takeprofit - if disabled, the EA will not place stop-loss or take-profit
  1. Stoploss (pips) - distance from the opened price where the stop-loss will be placed
  2. Takeprofit (pips) - distance from the opened price where the take-profit will be placed
  • Maximum opened orders - the number of trades allowed to be placed on a chart
  • MinProfit ($$) - if “Close basket of trades at MinProfit” is enabled and there are opened opposite trades on the chart (buys and sells), the EA will close all of them when their profit reaches this amount
  • Slippage (pips) - the maximum distance, in pips, allowed for the price to move between sending a trade order to the server and execution (by the broker’s server)
  • Enable lotsize management - enable in order to use a percentage of the equity to trade, instead of the LotSize (above)
  • Percentage of equity to trade - set the percentage of equity to trade when the above is enabled (0.01 = 1%)
  • Grid level (pips) - the distance between the trades of the same kind (the grid trades)
  • Lotsize multiplier (for grid trades) - use this multiplier to increase or decrease the lotsize of the grid trades
  • Maximum trades of the same type - restricts the EA from opening more than this number of trades for each type of trades (buys or sells)
  • Enable Hedging - whether or not to enable hedging Hedging is opening of opposite type of trades, used to counter losses from a losing trade. A complex hedging expert advisor is the RobotFX Auto Recovery.
  • Hedging distance (pips) - the distance (from the first opened trade) in pips where the hedging (placing of opposite type of trades) will start
  • Lotsize multiplier (for hedging trades) - use this multiplier to increase or decrease the lotsize of the hedging trades Hedging trades are also restricted by the “Maximum trades of the same type” above.
  • Trade entry settings - these are self-explanatory and used to define the trend and the first trade entry
  1. Trend MA (buy above, sell under) - this defines the trend, and the EA will only open buy trades if the price is above this moving average, and sells if the price is below it
  2. “Stoch (buy under)” instructs the EA to open a trade when Stochastic crosses under this level, while “Stoch (sell above)” will open a sell trade when the price crosses above this level
  • BreakEven (pips) - when the price moves away from the opening price this distance in pips, the EA will set/move the stop-loss at the Bid-BreakEven distance (for long trades) or Ask+BreakEven (for short trades)
  • TrailingStop (pips) - the EA will set the stop-loss at break-even as soon as the price is this number of pips away from the opening (plus the spread)
  • TrailingStep (pips) - the EA will move the stop-loss of the trade at the TrailingStop distance from the actual price, as soon as this is at TrailingStep distance from the opening price
  • Close basket of trades at MinProfit - enable to close a basket of (opposite) trades when their profit reaches the MinProfit ($$) above
  • Enable comments on chart - set to true to display information about the broker, trade restrictions, trader (etc) on the chart
  • Magic number (to identify these EA’s trades) - used by the EA to identify the trades opened by itself
  • Trade comment (to identify these EA’s trades) - used by the trader to identify trades opened by this EA

How to choose hedging settings

⚠️ Important Notice: The Grid EA does not consider or interfere with existing trades on the chart. This includes trades opened by itself. If you close the MetaTrader terminal while a grid is running, the EA may not continue managing those trades after a restart. This is especially relevant for traders using home computers that are frequently switched off. For VPS users that run MetaTrader 24/7, this should not be an issue.
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Download Grid EA for MetaTrader free

Download Grid EA - free version
Fully functional MetaTrader expert advisor, limited to demo accounts for risk-free testing
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5 Comments
Kalev
This Grid EA is a lifesaver for volatile markets. It sets up those buy and sell orders automatically, capturing profits from price fluctuations without me having to constantly monitor the charts. It's truly a set-and-forget solution that actually works, which is amazing.
Anonymous
This EA is a solid performer for ranging markets. It consistently opens trades at optimal distances, and the profit targets are hit regularly. I've seen a noticeable improvement in my account balance since I started using it, and it's very reliable.
Marina NovΓ‘k
For anyone who wants to automate their grid trading strategy, this EA is a must-have. It handles all the complex calculations and order placements, freeing up so much of my time. It's allowed me to diversify my trading and explore new pairs without feeling overwhelmed.
Minakshi
This EA is super user-friendly, despite its advanced features. The informational display on the chart is helpful for keeping track of open trades and overall exposure. It's a professional and highly effective piece of software that has significantly improved my grid trading results.
Pia Mulder
I'm really happy with the performance of this expert advisor. It accurately identifies trends and then applies the grid strategy intelligently. It's helped me stay disciplined and avoid emotional trading, which used to be a big problem for me. It's truly worth the investment and has paid for itself many times over.