MT5 EA – One-Side Grid

MQL5 Experts

Job finished

Execution time 1 minute
Feedback from customer
Another order is completed conveniently and timely.
Feedback from employee
4th time working with this client, It's been a pleasure.

Specification

EA Concept
Cycle-based one-direction grid EA
Trade direction is decided by indicators
Only one direction per cycle (Buy OR Sell)
Fixed lot size for all trades (No lot multiplication / martingale)
No hedging, no opposite trades
________________________________________
Important Special Rules
🔹 Manual Trade Handling
If a manual trade is opened by the user:
o EA must detect and recognize this trade
o EA must include it in the active cycle
o All EA rules (TP, SL, cycle logic) must apply to it
________________________________________
🔹 One Trade Close = Cycle Close
If any trade in the cycle closes (TP, SL, or manual close):
o EA must immediately close the entire cycle
o Close all remaining open trades
o Reset the cycle
o Start a new cycle only on the next valid indicator signal
________________________________________
Inputs
Lot Size (same for all trades)
Magic Number
Max Trades per Cycle
Grid Distance (between trades)
First Trade Take Profit (points)
Cycle Take Profit (basket TP)
Cycle Stop Loss (basket SL)
Trading Start Time
Trading End Time
Indicators (for 1st trade triggering)
________________________________________
Direction Logic
Indicators are checked only when no cycle is active
Buy signal → start Buy cycle
Sell signal → start Sell cycle
Direction is locked until the cycle ends
________________________________________
First Trade Logic
Open first trade based on indicator signal
Apply First Trade TP immediately
If first trade hits TP:
o Cycle ends
o No grid trades are opened
________________________________________
Grid / Recovery Logic
Grid trades open only if price moves against the first trade
All trades:
o Same direction
o Same fixed lot size
New trade opens every Grid Distance
Do not exceed Max Trades per Cycle
________________________________________
Cycle End Conditions
The cycle must close immediately if any one of the following happens:
1. Any trade in the cycle closes
2. First trade TP is hit
3. Total floating profit ≥ Cycle TP
4. Total floating loss ≥ Cycle SL
➡ Close all trades
➡ Reset cycle
➡ Wait for next indicator signal
________________________________________
Trading Hours
New trades allowed only within trading hours
Active cycles continue to be managed outside trading hours
New cycle starts only inside allowed time

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Project information

Budget
30+ USD
Deadline
from 1 to 2 day(s)