Grid Scalp Indicator

  • Indicators
  • Arno Olivier
    Arno Olivier
    I specialize in developing high-performance trading solutions tailored for Forex and high-volatility Synthetic Indices. My expertise includes creating custom MetaTrader 5 Expert Advisors (EAs), tailored indicators, and seamless VPS deployments to ensure low-latency execution. As an active MQL5 AI
  • Version: 1.2

Grid Scalp Master Indicator

Grid Scalp Master Indicator is a powerful, visual-centric market momentum and grid simulation system engineered specifically for MetaTrader 5. It translates complex mathematical breakout and asymmetrical grid logic into a clean, actionable visual framework directly on your chart layout.

Designed for traders who want the precision of a grid execution model without giving up manual control, this indicator tracks high-probability breakout zones, maps dynamic grid layers, and calculates real-time basket targets entirely in a virtual environment.

How It Works

  1. Momentum Breakout Filters: The indicator uses an advanced Envelope breakout system paired with a multi-period Average True Range (ATR) filter. It flags initial trade opportunities only when a candle breaks out with valid momentum, while automatically filtering out dangerous, over-extended "spike" candles.

  2. Virtual Grid Tracking Engine: Once an initial trigger is validated, the indicator maps out a theoretical grid matrix. It calculates weighted average entries, dynamic lot allocations, and project targets behind the scenes, drawing them cleanly on your chart window.

  3. Dynamic Basket Profit Targets: Rather than relying on fixed point targets, the system recalculates target thresholds as more virtual grid levels are added, giving you an exact mathematical break-even and profit zone.

Core Features

  • Asymmetrical Grid Spacing: Supports both fixed point spacing and dynamic ATR-based spacing, allowing the virtual grid to expand or contract based on real-time market volatility.

  • Visual Signaling Buffers: Clear, non-repainting Wingdings arrow plots show you exactly where initial momentum entries and secondary grid additions occur.

  • Real-Time Informational Dashboard: An elegant, lightweight on-screen display keeps you updated on live market spreads, core engine status, active breakout signals, and total simulated grid exposure.

  • Fully Custom Graphics: Features a built-in background image integration option, allowing you to load custom terminal layouts and wallpapers seamlessly.

  • 100% MQL5 Market Compliant: Built strictly as a technical indicator. It contains zero execution loops or order-sending commands, making it fully compatible with all MT5 environmental testing constraints.

Input Parameters

Parameter Group Setting Name Description
Visual Layout InpBgImageName / InpUseBgImage Controls the custom chart background image path and toggle.
Envelope Settings InpEnvPeriod / InpEnvDeviation Customizes the core momentum tracking bands.
Synthetic Filters InpMaxCandleFactor The ATR multiplier used to filter out high-risk spike candles.
Grid Settings InpLotMultiplier / InpSpaceMultiplier Dictates lot compounding and geometric step-spacing for grid levels.
Profit Settings InpBasketTP / InpScaleWithBasket Configures the base target points and dynamic basket scaling rules.

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Macro News XAU/USD is an Expert Advisor for MetaTrader 5 that trades Gold (XAU/USD) on Economic Calendar surprises. You pick the macro events you care about directly on the chart, and the EA opens a position in the direction of the surprise when the actual release differs from the forecast. HOW IT WORKS - The EA reads the built-in MT5 Economic Calendar and lists upcoming events on the chart, filterable by currency and impact level (High / Medium / Low). - Click ADD on the events you want to trad
Gold Market Scanner — Automated Gold Analysis & Momentum Trading Expert Advisor This is a fully operational algorithmic Expert Advisor (EA). For peak performance, however, trader participation and ongoing market analysis are required — the EA works best as a powerful scanner and execution assistant,not as a substitute for supervision. Always run a forward test on a demo account for an extended period before activating it on a real account. Overview Gold Market Scanner is an Expert Advisor built
GoldContinuationEA — with Positive-P&L Continuation Overview GoldContinuationEA is a fully automated algorithmic trading system built for MetaTrader 5. It trades breakouts of the Envelopes channel using full-bodied candles and manages trades as a single basket with an averaged entry price, a basket take-profit target and trailing stop protection. The system is designed primarily for GOLD (XAUUSD) on M1/M5/M15/H1, and can also be used on other symbols and timeframes. 1. Entry Logic (Signals) The
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