Grid Reversal Master
- Experts
- Version: 1.0
Grid Reversal Master is a fully automated grid-based reversal system for MetaTrader 5. It combines RSI oversold/overbought signals with Bollinger Bands extremes to time entries at likely reversal zones, then manages exposure with a controlled grid that adds positions only when price moves against the initial entry by a fixed step, up to a configurable maximum number of levels.
Key features:
- Entry logic: RSI extreme readings confirmed by price touching the outer Bollinger Band, reducing false signals compared to single-indicator systems.
- Controlled grid money management: adds to the position only on adverse moves of a fixed point distance, with a hard cap on the number of grid levels to limit exposure.
- Basket-based exit: closes the entire basket of positions once the combined floating profit reaches a target, rather than managing each order individually.
- Safety controls: hard stop-loss safety net per basket, maximum basket loss limit in account currency, and a maximum spread filter to avoid trading during volatile news spikes.
- Works on any symbol and timeframe; default settings tuned for M15.
Recommended inputs:
- Timeframe: M15
- RSI Period: 14 (Oversold 30 / Overbought 70)
- Bollinger Bands Period: 20, Deviation: 2.0
- Base Lot: 0.01 (adjust to account size)
- Grid Step: 200 points, Max Grid Levels: 5
- Basket Take Profit: 5 USD
Risk warning: Grid-based systems can accumulate multiple open positions during extended trends against the initial entry. Always test on a demo account first and use position sizing appropriate for your account balance and risk tolerance.
