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GridPro Panel — open-source grid trading EA with on-chart control panel - expert for MetaTrader 5

Chao Chen Li
Chao Chen Li

Chao Chen Li

4.3 (18)
Fast Trade Assistant
MT5: https://www.mql5.com/zh/market/product/197370
Risk Mgmt
10 products 1 code
Views:
86
Rating:
(1)
Published:
Download as ZIP How to download code from MetaEditor
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GridPro Panel is an open-source grid trading Expert Advisor for MetaTrader 5 with a built-in on-chart control panel. The full MQL5 source code is included, so every entry, averaging and exit rule is transparent - nothing is hidden inside a compiled ex5. It is intended as a readable, customizable grid framework with hard risk limits on top.


Requirements:
- MetaTrader 5, hedging account (the EA checks the account margin mode at startup and refuses to run on netting accounts)
- Any symbol; liquid low-spread symbols are recommended

Grid engine:
- Direction: both / buy only / sell only; the two sides are managed as independent baskets
- First order: immediate entry, or filtered by an optional signal - MA cross, RSI oversold/overbought, Bollinger Bands return, or Stochastic cross (the signal affects the first order only; further levels are added by the grid step)
- Averaging lots: fixed, martingale multiplier (default x1.5) or arithmetic increment (+0.01 per level), with a per-order lot cap and optional balance-based auto scaling of the initial lot
- Grid step: fixed points (default 300) or ATR-based dynamic step (H1, ATR 14, multiplier adjustable), with optional per-level step expansion (step grows every level)
- Maximum levels per side: 10 by default

Basket exit (each side is closed as a whole):
- Take profit in money (close the whole side at +$10 by default)
- Take profit in points from the average price
- Trailing take profit (activates at +$8, closes on a $3 pullback; takes over money TP when enabled)
- Optional basket stop-loss in money

Risk management (each limit can be enabled independently; the account drawdown stop at 30% and the minimum margin level at 300% are active by default):
- Account drawdown stop: close all positions and halt the EA
- Daily loss limit and daily profit target (auto-reset the next day)
- Basket stop-loss in money
- Maximum total lots cap
- Minimum margin level: stop opening new positions below the threshold
- Maximum spread filter
- Trading session filter for the first order (supports overnight sessions)
- Friday scheduled close-all (no weekend holding)
- Minimum interval between orders (protects against bursts of fills)

On-chart panel (dark theme, minimizable):
- Account card: balance, equity, floating P/L, drawdown %, spread, daily P/L
- Basket card: order count, lots and floating P/L per side; dashed average-price lines are drawn on the chart
- Runtime-editable parameters: first lot, grid step, step multiplier, lot multiplier, max levels, money TP, point TP, drawdown stop - type a new value and press Enter, no need to remove and reload the EA
- Buttons: pause/resume, buy now, sell now, close buys, close sells, close all
- Status line shows the exact reason whenever a risk rule blocks trading

Technical notes:
- The rounded-corner panel is rendered with per-pixel anti-aliased bitmap resources (see RoundRes() in the source), because native MT5 chart objects do not support rounded rectangles - the code can also serve as a reference for custom UI in MQL5
- Positions are filtered by magic number, so several instances can run on the same account without conflicts

Installation:
1. Open the .mq5 file in MetaEditor and compile (F7)
2. Attach the EA to a chart and enable Algo Trading
3. Test on a demo account first with the default 0.01 initial lot

Disclaimer: this EA is a trading framework for study and personal use, not a profit guarantee. Martingale-style averaging increases exposure during one-sided trends - understand every parameter and test on a demo account before any live use.
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