SimpleGridBot MT4

5

SimpleGridBot – transparent grid trading with separate Buy/Sell control, basket exit and RSI logic

A grid EA you can fully understand and control. No black box: you set the distances, lot sizes and exits, and the EA does exactly that. No hidden logic.

What sets it apart

  • Separate Buy and Sell settings: distance, start lot and take profit are set independently for each side.
  • Basket take profit with auto-restart: when the current grid run reaches your profit target, everything is closed and a fresh grid starts, or the EA stops, as you choose.
  • RSI that decides when each side may trade: an entry filter, an exit that liquidates a side, and an “armed until exit” mode that keeps a side active until the RSI exit closes it.

How it works

  • Buy grid: a new Buy opens each time price falls by the Buy distance below the lowest open Buy.
  • Sell grid: a new Sell opens each time price rises by the Sell distance above the highest open Sell.
  • Every position has its own take profit. A stop loss and a maximum number of orders per side are optional.
  • When a position closes, its level becomes tradable again as soon as price revisits it.

Quick start

  1. Attach the EA to one chart on a demo account (hedging account, AutoTrading on).
  2. Choose grid distance and lot size to fit your symbol and account size.
  3. Optional: set a basket take profit to bank the whole grid run at your target.
  4. Optional: enable the RSI filter and exit, and pick the timeframe and levels.
  5. Check the chart display for current P/L and open positions.

More features

  • Optional lot multiplier.
  • On-chart display: P/L of the current grid run, open Buy/Sell count, basket target.
  • RSI levels are set separately for Buy and Sell, plus timeframe and period.
  • Stop-level handling and automatic retries for brokers with minimum distances.
  • Magic number for running several instances on different symbols.

FAQ

  • Are set files included? No. A grid has to be set up for each market and each trader’s risk preference.
  • The EA disappears after I click OK. Why? It refused to start because of a setting. Open the Experts tab: a line starting with “Error:” names the setting, for example RSI entry levels that conflict with the exit levels.
  • Can I trade only one direction? Yes, switch off the Buy or Sell grid.

Actively maintained and updated based on user feedback.

Risk warning
Grid strategies can build up large floating losses in strong trends, especially without a stop loss and with a lot multiplier. Past results do not guarantee future results. Only trade with capital you can afford to lose.


Avis 3
traderntexas
200
traderntexas 2026.10.03 13:00 

Great EA and excellent response from Andreas every time I have a question or need clarification! Highly recommend !

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Mirror EA est un système de trading automatisé conçu pour exécuter des transactions basées sur l'indicateur SmaSRS196, qui combine la moyenne mobile simple (SMA) et l'indice de force relative (RSI), et utilise un cadre d'optimisation sur 96 périodes. L'EA analyse en continu les conditions de marché afin d'identifier les opportunités de trading à forte probabilité. Il confirme la direction de la tendance grâce à la SMA et utilise le RSI pour détecter la force du momentum et les situations potent
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Daniel Moraes Da Silva
5 (1)
Experts
ONE OF THE FEW ROBOTS WITH A SIGNAL HISTORY OF MORE THAN 3 YEARS AND AMONG THE TOP 10.   LINK TO MY ROBOTS AND SIGNAL PRESETS: In my profile there is a link to download the PRESETS that I use in my SIGNALS, you can download and Backtest for free, there are explanations in the my WebSite. https://www.mql5.com/en/users/tec_daniel   LINK TO OTHER ROBOT VERSIONS: MT4:  https://www.mql5.com/en/market/product/97963 MT5:  https://www.mql5.com/en/market/product/97962   SOME EXAMPLES OF SIGNALS ON “mql5.
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Ramil Minniakhmetov
5 (2)
Experts
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Vasiliy Strukov
5 (1)
Experts
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Fan Yang
5 (1)
Experts
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Anatoliy Lukanin
Experts
Written for currency pairs: GBPUSD, USDJPY, XAUUSD There is a built-in function to return the stop to its place after slipping, an example of slipping in the last screenshot., in a similar situation, the function tries to return the stop to the place indicated when placing the order. The number of transactions in the strategy tester, demo account, real account is almost the same, the result depends on: the size of the spread, slippage, Stop Level and the speed of execution of the broker. Availab
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Leonid Arkhipov
Experts
LE MARCHÉ CHANGE. EUR MACHINE PRO S’ADAPTE AVEC LUI. Pas une seule stratégie pour toutes les situations. Pas un seul signal. Pas un ensemble de règles figé. EUR MACHINE PRO commence par identifier le type de marché auquel il est confronté, puis décide seulement ensuite quelle logique de trading utiliser. Range ? Tendance ? Marché calme ? Forte volatilité ? Des conditions de marché différentes activent des modèles différents, des critères d’entrée différents et une gestion des positions différen
Quantum King MT4
Bogdan Ion Puscasu
5 (6)
Experts
Quantum King EA — La puissance intelligente, optimisée pour chaque trader IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. Prix de lancement spécial Signal en direct :       CLIQUEZ ICI Version MT5 :   CLIQUEZ ICI Chaîne Quantum King :       Cliquez ici ***Achetez Quantum King MT4 et vous pourriez obtenir gratuitement Quantum Queen X, Quantum Athena X, Quantum Commander, Quantum Emperor, Quantum Baron, Quantum Omni
Eagle Gold Scalper V2
Soolmaz Baramakeh
5 (1)
Experts
Explication du fonctionnement de l'Expert Advisor « Eagle Gold Scalper_V2 ». 1 - Il s'agit d'un Expert Advisor conçu pour le scalping. Il prend ses décisions de trading en se basant sur la vitesse d'évolution du marché, l'analyse du comportement des chandeliers japonais et la puissance du système Heiken Ashi. 2 - C'est un excellent choix pour trader l'or sur les unités de temps M1 et M5. 3 - Il fonctionne également avec les paires de devises. Vous pouvez configurer les paramètres vous-même o
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Hammer & Shooting Star — Precise Pattern Detector Detects hammer and shooting star patterns with full control over body size, wicks, ratios, candle color, Bollinger Band filter, and N-candle confirmation. All symbols and timeframes. Full Description Hammer & Shooting Star is a professional candlestick pattern indicator for MetaTrader 5. It detects bullish hammers and shooting stars using a multi-layer filter system that provides precise control over every structural component of the candle — far
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PrecisionEntry EA is a semi-automatic Expert Advisor for MetaTrader 4 that enables precise order placement at the click of a button — without taking control away from the trader. With a single click on the LONG or SHORT button, the EA automatically places a BuyStop or SellStop order at the high or low of the previous candle. Stop-loss, take-profit, and lot size are calculated fully automatically — based on the configured risk percentage and the desired risk-reward ratio. Features: Interactive on
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MA Crossover Expert Advisor - Professional Moving Average Trading Automated Trading System Based on Moving Average Crossover Strategy The MA Crossover EA is a fully automated Expert Advisor based on the proven Moving Average Crossover strategy. The system automatically detects trend changes and trades profitably in trending markets. Key Features Flexible MA Settings : Choose between SMA and EMA with freely configurable periods Automatic Signal Generation : Buys on bullish crossover, sells on b
PrecisionEntry EA
Andreas Metzner
Utilitaires
PrecisionEntry EA is a semi-automatic Expert Advisor for MetaTrader 5 that enables precise order placement at the click of a button — without taking control away from the trader. With a single click on the LONG or SHORT button, the EA automatically places a BuyStop or SellStop order at the high or low of the previous candle. Stop-loss, take-profit, and lot size are calculated fully automatically — based on the configured risk percentage and the desired risk-reward ratio. Features: Interactive on
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traderntexas
200
traderntexas 2026.10.03 13:00 

Great EA and excellent response from Andreas every time I have a question or need clarification! Highly recommend !

Mr Satoshi Ono
184
Mr Satoshi Ono 2026.02.25 12:55 

L'utilisateur n'a laissé aucun commentaire sur la note

Andreas Metzner
1970
Réponse du développeur Andreas Metzner 2026.02.26 08:31
Hi, thanks for your feedback. I have also released the EA for MT5 :)
It's simply called “SimpleGridBot.”
Konstantin Grihin
574
Konstantin Grihin 2026.02.14 07:05 

L'utilisateur n'a laissé aucun commentaire sur la note

Andreas Metzner
1970
Réponse du développeur Andreas Metzner 2026.02.14 19:46
Большое спасибо за отличный отзыв :)
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