GridPilot MT5
- Experts
- Manuraj Dhanda
- Version: 1.10
- Activations: 5
Directionless Grid Trading With Smart Auto‑Pruning & Visual Dashboard
GridPilot MT5 is a modern, direction‑agnostic grid trading system engineered for stability, clarity, and long‑term robustness.
It automatically builds a balanced buy/sell grid around price, takes profits at predefined pip intervals, and intelligently prunes older positions to prevent runaway exposure - all while giving you a clean, real‑time dashboard directly on the chart.
This EA is designed for traders who want a simple, safe, and transparent grid engine without martingale, multipliers, or hidden risk.
⭐ Key Features
✔ Directionless Grid Engine
GridPilot opens both Buy and Sell positions at controlled spacing, allowing it to operate in trending, ranging, and volatile markets.
✔ Auto‑Replenishing Grid
Whenever price moves away from the nearest grid order, GridPilot automatically replenishes the missing Buy or Sell position to maintain grid symmetry.
✔ Smart Auto‑Pruning (Risk Control)
If the number of Buy or Sell positions exceeds your configured limit, GridPilot automatically closes the oldest position on that side.
This prevents grid over‑expansion and keeps exposure stable.
✔ Built‑In Take Profit Logic
Each position closes individually once price moves by your defined pip distance - no basket TP, no martingale, no compounding risk.
✔ Clean On‑Chart Dashboard
Includes real‑time display of:
• Mode (Active / Algo Disabled)
• Spread
• Net P/L
• Drawdown %
• Buy/Sell counts vs. limits
• 365‑day High, Low, and Range
• Next grid trigger lines
✔ Zero Guesswork - Fully Automated
Just attach the EA to any symbol and timeframe.
No optimization required.
No complex parameters.
No hidden logic.
📌 Recommended Symbols (Range‑Bound & Year‑on‑Year Stable)
This EA performs best on currency pairs that respect clear yearly ranges with low directional bias:
• EURGBP – historically range‑bound, mean‑reverting
• AUDNZD – tight long‑term range
• EURCHF – SNB‑capped range behaviour
• USDCAD – cyclical, range‑heavy
• GBPNZD / EURAUD – use with caution; wider ranges but still mean‑reverting
Avoid strongly trending pairs like USDJPY or GBPUSD for this strategy.
🧠 How It Works
1. EA checks the nearest Buy and Sell positions.
2. If price has moved beyond the grid gap, it opens a new order.
3. If any order reaches the profit threshold, it closes.
4. If Buy or Sell count exceeds the limit, the oldest order is pruned.
5. Dashboard updates every tick with live metrics and grid lines.
This creates a stable, self‑correcting grid that avoids runaway exposure.
🛡 Risk Notes
• No martingale
• No multipliers
• No averaging down
• No basket TP
• All trades have independent TP logic
• Exposure is capped by pruning
This EA is intentionally built for safety and transparency, not aggressive compounding.
