Smart Grid Hedging EA MT4
- Experts
- Chapla Hardik K
- Versione: 6.1
- Aggiornato: 16 dicembre 2025
- Attivazioni: 5
Live monitoring of the Expert Advisor is available via the MQL5 Signals service:
Smart Grid Hedging EA MT4 is an automated trading system designed to manage trades based on user-defined parameters and current market conditions.
The Expert Advisor handles order opening, management, and closing automatically on the selected trading symbol.
The system is intended for traders who require structured grid and hedging logic with configurable control over position handling and risk exposure.
Trading Logic Overview
The Expert Advisor operates using a grid-based framework combined with optional hedging logic.
Trade execution and management are governed by predefined rules and internal filters to control trading activity under different market conditions.
The EA works independently on each chart using a unique magic number, allowing simultaneous operation across multiple symbols.
Position Management Modes
The Expert Advisor provides several modes for managing open positions:
-
Cluster Mode
Manages a small group of positions and closes them when the combined result reaches a specified value. -
Whole Position Mode
Treats all open positions as a single group and closes them together. -
Individual Mode
Manages and closes each position independently. -
Progressive Mode
Adjusts trade management dynamically based on price movement.
These modes allow users to configure how open trades are handled during different market phases.
Lot Size and Grid Settings
The EA supports flexible position sizing options:
-
Fixed lot size
-
Progressive lot sizing based on grid levels
The grid system includes adaptive step calculation.
Grid spacing can increase after a defined number of levels to help reduce excessive trade frequency during strong price movement.
Users can define a maximum grid level to limit overall exposure.
The EA is compatible with both micro and standard trading accounts.
Price Range Filter
A configurable price range filter is included to control where trading activity is allowed.
-
New trades can be limited to a user-defined price range
-
Optional breakout behavior allows or blocks trading outside the defined range
This feature helps control where grid activity begins and continues.
RSI Entry Filter
The Expert Advisor includes a Relative Strength Index (RSI) filter to manage new trade entries.
The RSI filter can reduce trading activity during overbought or oversold market conditions.
Users can configure:
-
RSI period
-
Timeframe
-
Threshold values
This filter is optional and can be enabled or disabled based on preference.
Trade Management Features
The EA includes the following internal management functions:
-
Automated grid and hedging structure
-
Adaptive grid step logic
-
Trailing functionality for BUY and SELL positions
-
Spread validation before order execution
-
Margin availability checks
Supported Instruments
The Expert Advisor can be used on various instruments, including but not limited to:
-
XAUUSD
-
NAS100
-
US30
-
DE30
-
BTCUSD
Lot size and grid distance should be adjusted according to instrument volatility and account balance.
Technical Characteristics
-
Operates fully within MetaTrader 4
-
No external libraries or DLL usage
-
Internal expiration and validation checks
-
Unique magic number per chart
-
Compatible with 3-, 4-, and 5-digit brokers
-
Complies with MQL5 Market security and functionality requirements
Operating Notes
Grid-based strategies may temporarily hold multiple open positions during extended price movement.
Users are advised to test the Expert Advisor in the Strategy Tester or on a demo account before applying it to live trading.
Appropriate risk and money management settings should always be used.
Support and Updates
Product support is provided through the MQL5.com messaging system and product comments section.
Updates may include internal logic improvements and additional configuration options.
Disclaimer
This Expert Advisor does not guarantee trading results.
Trading involves financial risk, and users are fully responsible for their own trading decisions.
The product does not use external connections and complies with MQL5 Market requirements.
Summary
Smart Grid Hedging EA MT4 provides a structured grid and hedging framework with adaptive grid logic, price range control, and RSI-based entry filtering.
It offers configurable position management modes and compatibility across multiple trading instruments within MetaTrader 4.

very great support from jignesh! he is very friendly, responsive, and willing to share and guide me on the entire process and even advise me on the best trading strategies. his hedging grid bot is easy to use, and is safe for long-term growth as long as you use the recommended settings.