All "Grid" series EAs share a common functional base, with additional features unlocked in higher-tier versions. Higher-priced EAs offer broader functionality and support for more complex strategies.
This overview covers all my Grid EAs and categorizes them into two distinct groups based on their core logic.
The FIRST group includes EAs that can maintain only two simultaneous grids per chart:
one BUY and one SELL
EA hierarchy within this group:
Magic Grid MT4 >> User Grid MT4 >> Elastic Grid MT4
Magic Grid MT5 >> User Grid MT5 >> Elastic Grid MT5 >> Master Grid MT5
The SECOND group offers expanded functionality, supporting four independent grids per chart:
BuyUp, BuyDown, SellUp, SellDown
EA hierarchy within this group: Quattro Grid MT5 >> Alpha Grid MT5
While there are many settings available, it’s simpler than it looks. The key is to focus on your personal trading goals rather than just sticking to the defaults.
All settings are organized into distinct groups, each of which can be configured independently. For many of these groups, the entire set of features can be toggled on or off with a single switch.
A larger number of settings allows the EA to execute a wider range of strategies. Moreover, you can combine different strategies, fine-tuning the expert advisor’s behavior to match current market conditions.
Useful Information:
Unfortunately, current technical limitations prevent sorting input parameters into expandable thematic lists. However, you can use pre-configured settings (set-files), which can be edited and saved for future use. You can find more details on how this works here >>
There is no such thing as an Expert Advisor that will automatically make money for you forever. Even the best settings can eventually fail if applied blindly to every situation. Without a clear plan, you risk losing your entire deposit very quickly—sometimes in a matter of minutes.
A trader who is ready for professional automated trading must master the Strategy Tester. This tool is essential for fine-tuning your settings to match specific market scenarios and timeframes.
Note: My robots are highly optimized for backtesting. However, if speed is your top priority, you should disable the display of all graphical elements.
The settings are kept as standard input parameters (rather than being moved to separate panels) specifically to ensure they remain fully accessible within the Strategy Tester.
- Important: Default settings in any of my EAs are NOT the optimal settings! These are merely placeholder configurations required to list the EA on the MQL5 Marketplace within their specific constraints.
- Remember that each EA has its own dedicated description page, where you can find multiple videos demonstrating its technical capabilities. There may be several videos for a single tool— be sure to check the full descriptions!
- Before using any EA on a live account, it is highly recommended to practice with its settings on a demo account. This will help you understand how the EA reacts to different adjustments and prevent confusion during real-time trading.
- Multi-device usage: None of my EAs are designed to run simultaneously on different devices. While it may work in some cases, most of the functionality relies on local data stored directly within the terminal where the EA was launched. Running the EA on another device may cause certain data to reset. To avoid this, the best practice is to copy the entire terminal folder to the new device.
- Versatility: The information and monitoring features of these EAs are not limited to grid strategies; they can also be used for manual trading or, in some cases, to monitor the performance of other EAs.
