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Grid Master Pro (Grid EA)

An open-source grid strategy reference — understand it first, use it carefully

⚠ High-risk strategy — Grid/martingale sizing can escalate losses quickly in one-way markets — read the risk notes below first.

Type

Type
Expert Advisors · Grid & Martingale
Platform
MT5
Version
2026-10-08 (source snapshot)
Size
MT5 11 KB
Manually verified
2026-10-08

Download

MT5 — d97b25448c0c3bb42b5244fe2df15b421ce5ce4be4f386dfc4f79afb8d02d760

Integrity check — Compare SHA-256 before installing (Windows: certutil -hashfile file SHA256). Sources are unmodified; LICENSE and provenance notes are inside each archive. Downloads are static links: no click tracking, no IP logging.

What is this

A cleanly structured open-source MT5 grid EA with grid spacing, lot multiplication, and layer caps as core inputs; the author even ships a trading-plan document describing intended use and limits. For this library's audience it is best read as a teaching-grade reference for how grid systems work — not as a plug-and-play profit tool.

How it works

  1. Places grid levels around price; triggered levels arm the next layer per your settings
  2. Lot size can scale by multiplier per layer (martingale-style), averaging down to exit at break-even
  3. Protective inputs include max layers and total-lot caps
  4. All parameters sit in one input panel, keeping backtest iteration cheap

Installation (3-step summary)

Full install guide →
  1. 1. Download

    Grab the zip via the buttons above

  2. 2. Unpack & copy

    Put .ex4/.ex5 and .mq4/.mq5 into the matching MQL4/MQL5 folders

  3. 3. Enable

    Restart or refresh the Navigator, drag it onto a chart, allow automated trading

Usage notes

  • MT5 only; run it in the Strategy Tester first and study the drawdown curve
  • Low-volatility, ranging instruments fit grid assumptions; strong trends are the main hazard

⚠ Risk notes

  • ⚠️ Grid + martingale sizing grows exposure as price moves against it: without hard stops, one-way moves can wipe the account
  • ⚠️ Do not run large leverage unattended; smooth backtest equity does not predict the future
  • ⚠️ Listed here as a learning reference — Camovia is not responsible for this strategy's outcomes

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Frequently asked questions

▸ Can this EA profit steadily?

No EA can promise that. Grid systems often backtest beautifully while carrying real tail risk from one-way markets — evaluate it yourself.

▸ Why is it in this library at all?

Inclusion is about open source, clear licensing, and complete code. Grids are a strategy type most traders eventually meet; readable source beats rumor.

▸ Any recommended usage?

Demo account + minimum lots + a hard layer cap. Live through one deep drawdown before considering real money.

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Grid Master Pro (Grid EA) is third-party open-source software provided "as is" with no warranty of any kind. Camovia only curates and redistributes the original source code and is not affiliated with the original author or MetaQuotes. This page is educational and is not investment advice — trade at your own risk.

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