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Master Grid MT5

4.2
Master Grid MT5 is a multifunctional grid Expert Advisor designed to fully or partially automate various ideas related to grid trading (on a hedging account). The Expert Advisor can trade on any timeframe, on any currency pair, on several currency pairs, on any number of signs. It does not interfere with manual trading, trading of other Expert Advisors, or the operation of any indicators.

It allows you to adjust your settings on the fly, works only with your own positions and orders, and for some situations it can be configured to control any other positions and orders. It has a powerful information system with which a trader can control not only his actions, but also the overall trading situation for the entire account.
Master Grid MT5 supports many different types of trading
Below is a list of links to basic descriptions of the most basic features:
Any of these types of trading can be run both separately and simultaneously with each other.
Additional Information:
  • The Expert Advisor can be run simultaneously on any currency pairs or even on the same one with different settings. Each of its orders and positions are marked with an individual comment in which there is both the price of his opening and the name of its instrument. At the same time, you can add a trader's personal mark to the comment.
  • The advisor is not afraid of any interruptions in work. With each new launch and unchanged settings, it picks up all of its orders and gives a report on what happened to them during its inactivity.
  • The informational (and some trading) capabilities of the EA can be used in normal manual trading. At the same time, most of the information panels, buttons and notifications can be freely moved around the chart, some of them can be minimized and scaled, and for some they can be changed colors.

Master Grid MT5 is a fairly powerful trading tool with many options for its use. I try to make any settings intuitive and the dashboards should help a lot. But if you still have questions about them, please ask them in general discussions so that incomprehensible points are clarified immediately for everyone. If I don’t answer in discussions (maybe I just don’t notice), then write in private messages.

Answers to the most popular questions... >>

Detailed description of the settings... >>


Bewertungen 5
Noppadol Note
67
Noppadol Note 2024.01.07 04:24 
 

Excellent Grid EA

zuduman
75
zuduman 2023.05.05 21:08 
 

The Master Grid EA has numerous safety features that I cannot even begin to explain, but once you grasp them, there are countless strategies you can use. Currently, I'm using it on a low spread raw account with 8CAP, and it's working wonders. I highly recommend it and give it 5 stars. One thing I would like to see in future updates is the option to set separate step grid settings for up and down orders.

jam29866
24
jam29866 2023.04.05 04:13 
 

Thanks for the update!

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Auswahl:
Noppadol Note
67
Noppadol Note 2024.01.07 04:24 
 

Excellent Grid EA

Dmitrii Kozachenko
2127
Dmitrii Kozachenko 2023.09.22 10:11 
 

Extremely profitable if know how to calculate risks. Very flexible EA and ready for different market conditions! My Advise trade on demo to understand all settings properly. Thanks Alexander for great job!

Sammy Boy
1322
Sammy Boy 2023.05.18 04:09 
 

good concept, but unusable due to Pending Order limit set by broker. Most brokers has pending limit not above 50 pending /open orders , or max 100 or 200. You can use this on non agressive manner, but grid being grid, risk appetite is agressive, hence deem unusable. Author has said he will not make pending orders Virtual (not sent to broker). there are other grid EA that allows virtual orders - look for that if you are serious about grid trading

Aliaksandr Charkes
13501
Antwort vom Entwickler Aliaksandr Charkes 2023.07.10 20:52
Before you buy an EA you should read its description. Any of my EAs fully performs what is in the description and can do much more, if the trader has any real trading skills and the ability to observe and learn. If you have problems with a broker, it's not an adviser's problem. It's your broker's or your imagination's problem if you can't imagine any other strategy than trying to overwhelm him with hundreds of market positions. p.s. limitation of pending orders is easily controlled by shifting the initial prices in the right directions (with the correct step): https://www.mql5.com/en/blogs/post/751379#pending_limit
zuduman
75
zuduman 2023.05.05 21:08 
 

The Master Grid EA has numerous safety features that I cannot even begin to explain, but once you grasp them, there are countless strategies you can use. Currently, I'm using it on a low spread raw account with 8CAP, and it's working wonders. I highly recommend it and give it 5 stars. One thing I would like to see in future updates is the option to set separate step grid settings for up and down orders.

jam29866
24
jam29866 2023.04.05 04:13 
 

Thanks for the update!

Antwort auf eine Rezension
Version 1.8 2024.02.01
1. Improved grid levels control system

2. Improved phantom mode mechanism

The update is only valid for new grids!
Version 1.7 2023.10.19
A basic mechanism has been developed to automatically shift the initial prices from which the BUY and SELL grids are built.

This functionality makes it possible to automatically bypass broker restrictions on the number of pending orders, and if the broker has no restrictions on the number of market positions, then to fully support the BUY and SELL grids, only 4 pending orders are enough (in some cases, 2 orders are enough). This functionality can also be used to implement various additional strategies, which you can read about in public comments. Details about the settings of the new mode can be found in the description of the advisor.
Version 1.6 2023.05.29
Two new settings have been added that allow you to automatically shift the initial prices from the market prices by the specified distance.

The value is expressed in points. You can set both positive and negative values. This can be useful, for example, when trading on the news or in any other situations.
Version 1.5 2023.04.26
Adjusting settings
Version 1.4 2023.04.26
Fixed some bugs related to grid rebuilding (pending orders that became out-of-grid were not deleted). Thanks for the bug report from one of the buyers.

p.s. Please feel free to let me know about potential bugs (if you think something is not working correctly). These things can unfortunately happen during code optimisation or when adding new functionality.
Version 1.3 2023.04.03
The system of controlling Take-Profit and Stop-Loss for active pending orders and market positions has been improved.
Added separate settings allowing to disable this control, which gives additional tactical possibilities:

-- you can manually drag and drop Take-Profits and Stop-Losses for already placed orders and positions

- you can set a trailing stop for a selected order or position

The modified values will be saved while the order or position remains active.
New orders are placed according to the specified settings.
Version 1.2 2023.03.06
Implemented the ability to instantly change the lot size for each grid pending order (by replacing it with a new one with new settings)
Version 1.1 2023.02.10
Lots change coefficients have been added to the grid settings. Now the lot size of each next grid order can automatically increase or decrease by a specified value relative to the previous one. This feature can be used not only for the Martingale strategy, but also for the opposite effect.