Balanced Price Grid EA
- Experts
- Gaurang Gandhi
- Versione: 1.6
- Attivazioni: 5
Balanced Price Grid EA is a fully automated Expert Advisor for MetaTrader 5, designed to manage trades using a proprietary order-handling and position-balancing system.
The Expert Advisor continuously monitors market conditions and autonomously manages orders and positions with the objective of maintaining controlled exposure and systematic profit booking.
Main Features
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Fully automated trading
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Advanced order and position management system
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Simultaneous handling of BUY and SELL trades
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Basket-based profit calculation in USD
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Weighted average price management
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Automatic order replenishment
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Periodic order structure refresh
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Visual take-profit levels on the chart
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Profit booking labels displayed on trade closure
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Magic Number support
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No external indicators required
Trade Management
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Trades are managed as independent position groups
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Profit targets are calculated dynamically using a weighted average method
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When the predefined profit target is reached, all relevant positions are closed automatically
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Visual confirmation is provided directly on the chart
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Order structure is maintained and refreshed automatically according to market price
Once activated, the Expert Advisor does not require manual intervention.
Inputs
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Trade volume (lot size)
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Maximum number of managed orders
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Price spacing parameter
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Basket profit target (USD)
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Order refresh interval
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Magic Number
All parameters are fully configurable by the user.
Risk Disclaimer
Trading on financial markets involves risk.
Past performance does not guarantee future results.
It is strongly recommended to:
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No EA can save the account if you do not manage your risk and lot size.
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Test the Expert Advisor on a demo account before live trading
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Use conservative risk settings
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Monitor margin usage
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Avoid trading during periods of extreme market volatility
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It is important to withdraw the profits regularly.
Recommended Usage
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Instruments: XAUUSD, indices, major Forex pairs
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Timeframes: Any
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Suitable for both beginner and advanced traders
Conclusion
Balanced Price Grid EA is a professional automated trading solution developed for traders who prefer a hands-free approach with structured order and profit management.
The Expert Advisor is built with a focus on reliability, automation, and ease of use.
