Grid Balance EA is a powerful, highly customizable grid-trading tool built in MQL5. It automatically opens buy and sell orders, assigns individual take-profit levels to each trade, and closes all positions once the overall profit target is reached—streamlining and optimizing the entire automated trading process. It is a reliable assistant for grid trading that demands efficiency and discipline.
Link Grid Balance EA
Download Grid Balance - Guide .pdf file
Roughly 80% of the market remains in a sideways phase, providing an ideal opportunity to apply grid trading strategies. Take full advantage of these conditions, but ensure your risk management is disciplined and tight.
Operational tips
- The bot works best during sideways market conditions, when the ATR on the daily chart is <40.
- All parameters can be fully customized to fit your trading preferences.
- It is strongly recommended to always set a cut loss, regardless of account size, to protect your capital.
The required deposit depends on your settings. Since this is a DCA bot, capital needs can vary, so please adjust based on your configuration and risk management.
The bot has been upgraded to v3.9, and the .set files will be provided once stable backtesting is completed.
XAUUSD
.set file Normal: download here
.set file Low-risk: download here
BTCUSD
.set file: download here
.set file Low-risk: download here
GBPUSD
.set file Lowrisk: download here
"Warning: Turn off the EA before major news to avoid high volatility and protect your investment."
View how the EA operates through passview - Login: 183141544 - Pass: onlyView@123
FAQ:
Q: Why is my EA not working even though I have Algo Trading enabled?
A: Please check the Spread in the settings; it must be set higher than the Spread shown on the panel. Each broker will have a different Spread.
Q: Why is Cum.Profit on the panel not displaying accurately?
A: When running on a demo account, some brokers do not allow access to closed position information. As a result, the calculation of Cum.Profit may not display correctly. This issue is entirely due to the broker. On real accounts, brokers are required to provide complete information, as per the MQL5 regulations.
Q: Why is "start bal" different on panel?
A: Please use the Close All button on the panels instead of the Close All function on MT5 and mobile devices. Then click "disable button" so EA can reset and work again, status Enable.
