SimpleGridBot

SimpleGridBot

SimpleGridBot - Automated Grid System

Professional Grid Trading Strategy for MetaTrader 5

The Grid EA is a fully automated Expert Advisor based on the proven grid trading strategy. The system automatically places buy and sell orders at predefined intervals, taking advantage of market movements in both directions.

✨ Key Features

• Bidirectional Grid System: Separate buy and sell grids operating independently
• Flexible Lot Management: Constant or progressive lot sizes with adjustable multiplier
• Automatic Take-Profit: Each order has a predefined profit target
• Intelligent Grid Management: Automatic reset after complete closure of all positions
• Maximum Control: Limitation of maximum number of open orders
• Independent Activation: Buy and sell grids can be enabled/disabled separately

⚙️ Adjustable Parameters

• GridSize: Distance between grid levels in points (Default: 50)
• LotSize: Initial lot size (Default: 0.01)
• TakeProfit: Profit target in points (Default: 100)
• MaxOrders: Maximum number of open orders per direction (Default: 10)
• GridMultiplier: Lot multiplier for progressive strategies (1.0 = constant)
• UseBuyGrid: Enable/disable buy grid
• UseSellGrid: Enable/disable sell grid
• MagicNumber: Unique identification for EA orders

? How It Works

The system continuously monitors the market price and automatically places new orders when the price moves by the set GridSize. Each order is equipped with a take-profit, so profits are realized automatically. After closing all positions in one direction, the grid is automatically reset and ready for new market movements.

? Use Cases

• Range Markets: Ideal for sideways trending markets
• Volatility Trading: Exploits price fluctuations in both directions
• Diversification: Combinable with other strategies
• 24/7 Trading: Fully automated operation without manual intervention

⚠️ Important Notes

• Grid trading works best in markets with high liquidity
• Adequate risk management and sufficient account size are essential
• Recommended for use on currency pairs with low spreads
• Backtesting and demo trading before live deployment is strongly recommended

? Technical Details

• Compatible with MetaTrader 5
• Works on all timeframes
• Supports all currency pairs and symbols
• Optimized for low latency and fast order execution
• Complete lot normalization according to broker specifications