Kiwi Grid Trade Manager MT5
- Utilitaires
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- Nguyen Ngoc Diep
KiwiBots — Expert Advisors, Indicators & Trading Utilities for MetaTrader 4 and MetaTrader 5.
We develop the KiwiBots collection with a focus on practical automated trading systems, trading tools, market analysis and risk management. - Version: 1.0
Kiwi Grid Trade Manager MT5 is a free MetaTrader 5 utility designed to turn manually opened trades into automatically managed grid baskets.
The concept is simple:
You choose the first trade. Kiwi manages the rest.
Open a BUY or SELL position manually. The utility detects the trade and can automatically add additional positions at your configured grid distance while monitoring the entire basket, calculating its combined break-even level and managing the basket toward your selected exit target.
The tool is designed for traders who want to remain responsible for the initial market direction while automating repetitive grid and basket-management tasks.
Manual Entry + Automatic Grid Management
Kiwi Grid Trade Manager does not need to generate the initial trading signal for you.
You decide when to enter the market.
After detecting a qualifying manual position on the current symbol, the utility can manage the resulting basket according to your selected settings.
This creates a hybrid workflow:
Manual Seed Trade → Automatic Grid → Basket Management → Smart Exit
You retain control over market entry while the utility handles much of the position-management process.
Interactive Grid Control Dashboard
Important grid parameters can be viewed and adjusted directly from the on-chart dashboard.
Depending on the configuration, controls include:
- Maximum grid orders
- Grid distance
- Base lot size
- Lot source
- Lot multiplier
- BUY / SELL / BOTH direction
- Basket exit mode
- Basket profit target
- Apply Settings
- Pause Grid
- Close BUY Basket
- Close SELL Basket
- Close All
The dashboard also provides a live overview of BUY and SELL baskets separately.
BUY & SELL Basket Monitoring
The utility separates BUY and SELL positions for easier monitoring.
For each basket you can view information such as:
Manual Orders — qualifying manually opened positions.
Grid Orders — additional positions opened by the utility.
Total Orders — total positions currently belonging to the basket.
Total Lots — combined trading volume.
Basket P&L — current combined basket profit or loss.
Break-even — calculated combined break-even price.
Next Grid — approximate level where another grid position may be considered.
Target — current basket exit objective.
This makes it much easier to understand what the grid is doing without manually calculating multiple positions.
Flexible Grid Settings
Traders can configure the grid according to their preferred management approach.
Maximum Orders
Defines the maximum number of positions allowed within the managed basket.
This helps prevent unrestricted grid expansion.
Grid Distance
Controls the required price distance before another grid position can be added.
Larger distances generally create a wider grid, while smaller distances can result in positions being added more frequently.
Lot Management
The utility supports configurable lot sizing.
A 1.00 multiplier maintains fixed-size progression.
Values above 1.00 can progressively increase exposure and therefore substantially increase risk.
For conservative use, fixed-size management should be considered before increasing the multiplier.
Smart Basket Exit
Managing several positions individually can become difficult as a grid grows.
Kiwi Grid Trade Manager therefore evaluates the basket as a combined position.
The utility can calculate the weighted break-even level and manage exits according to the selected target mode.
This allows several positions to be managed toward a common basket objective instead of treating every grid position independently.
Separate BUY and SELL Management
BUY and SELL baskets are monitored separately.
This provides clearer information when positions exist in both directions and allows traders to close a specific side directly from the dashboard.
For example:
Close BUY Basket closes the managed BUY side.
Close SELL Basket closes the managed SELL side.
Close All provides a faster way to exit managed exposure when required.
Pause Grid Control
The Pause Grid function allows the trader to stop additional automatic grid expansion without necessarily removing the utility from the chart.
This can be useful when market conditions become unusually volatile or when the trader wants to maintain existing positions without adding new ones.
Built-In Safety Controls
Grid strategies can accumulate significant exposure, so risk controls are an important part of the utility.
The dashboard monitors important conditions including:
- Spread
- Margin
- Account drawdown
- Maximum lot/exposure restrictions
- Maximum grid orders
These protections are intended to help control the management process, but they cannot eliminate trading risk.
Designed for Any Symbol
Kiwi Grid Trade Manager MT5 can be attached to different MT5 trading symbols supported by your broker.
Because symbol specifications vary significantly, grid distance, lot size, spread limits and risk settings should be adjusted appropriately for the instrument being traded.
Gold, Forex, indices and cryptocurrencies can behave very differently.
Important MT5 Account Requirement
A MetaTrader 5 Hedging account is required for full grid functionality.
MT5 Netting accounts combine positions on the same symbol into a single net position. This is not suitable for the intended multi-position grid architecture.
Please verify that your trading account uses Hedging mode before using the utility.
Key Features
✓ Manual seed trade detection
✓ Automatic grid management
✓ Interactive on-chart dashboard
✓ Separate BUY and SELL baskets
✓ Manual Order / Grid Order counts
✓ Configurable maximum orders
✓ Adjustable grid distance
✓ Configurable base lot
✓ Adjustable lot multiplier
✓ Basket break-even calculation
✓ Live basket P&L
✓ Next-grid information
✓ Multiple basket exit modes
✓ Pause Grid control
✓ Close BUY Basket
✓ Close SELL Basket
✓ Close All control
✓ Spread protection
✓ Margin protection
✓ Account drawdown protection
✓ Maximum exposure controls
✓ MT5 Hedging support
Basic Setup
Attach Kiwi Grid Trade Manager MT5 to the chart of the symbol you want to manage and configure your grid and risk parameters.
Then open the initial BUY or SELL trade manually.
The utility detects the qualifying manual trade and manages additional grid positions according to your settings.
Monitor the BUY/SELL basket information directly from the dashboard.
Important Risk Warning
Grid trading is high risk.
Adding positions as price moves can significantly increase total market exposure, margin usage and potential drawdown. Increasing the lot multiplier can accelerate this risk considerably.
A grid does not guarantee that price will recover.
Use conservative position sizes, reasonable grid spacing and strict exposure limits. Test the utility on a demo account first before considering live trading.
Kiwi Grid Trade Manager MT5 is a trade-management utility and does not guarantee profits or prevent losses.
Platform: MetaTrader 5
Category: Utility
Account Mode: Hedging Required
Trading Style: Manual Entry + Automatic Grid/Basket Management
Version: 1.00
Price: FREE
Kiwi Grid Trade Manager MT5
You choose the first trade. Kiwi manages the rest.
