Gold Grid Martingale Recovery
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Gold Grid Martingale Recovery is a professional directional grid Expert Advisor with martingale recovery system, optimized for GOLD (XAUUSD) and all major forex pairs on MT4.
The EA trades only in the direction of the current trend and uses averaging with automatic Take Profit shift to close the basket in maximum profit.
=== KEY FEATURES ===
✓ Works on all MT4 brokers, GOLD, currency pairs, USD and USC cent accounts
✓ Directional trading: Buy Only / Sell Only / Both sides
✓ Smart Grid System with Grid Step Multiplier
✓ Martingale Lot Multiplier with Min Lot 0.01 and Max Lot 1.0 control
✓ Auto Averaging and Auto TP Shift based on average price
✓ Cooldown filter (3 bars) to avoid overtrading and error 3000 orders
✓ Max Legs protection - closes basket in profit at maximum legs
✓ Daily Trade Filter - limits maximum orders per day
✓ Daily Profit / Loss Filter in Amount ($) and Percentage (%)
✓ Equity Stop Filter - stops trading on equity drawdown
✓ News Filter - manual time based pause before high impact news
✓ License system ready: DEMO 1D/1W/1M/3M/6M/12M/LIFETIME and USER-YYYYMMDD
✓ Low resource, no DLL required
=== HOW IT WORKS ===
1. EA opens first order based on previous candle direction (if Both mode)
2. If price moves against the position by Grid Step distance, it opens averaging order with increased lot (Min Lot * Multiplier^Leg)
3. With each new leg, Grid Step increases by Grid Multiplier
4. Take Profit automatically shifts to Average Price + TP Shift
5. Basket closes when profit target reached or Max Legs profit reached
=== RECOMMENDED SETTINGS ===
Symbol: XAUUSD (GOLD), EURUSD, GBPUSD
Timeframe: M5 (recommended), M15, H1
Grid Step: 600 points for GOLD (300 for forex)
TP Shift: 500 points for GOLD (200 for forex)
Lot Multiplier: 1.5 - 1.6
Max Legs: 6
Cooldown: 3 bars
Tested with $1000 balance, $45 profit (4.55%) in 1 month on XAUUSD M5 with 61% win rate.
=== INPUT PARAMETERS ===
LOT & GRID SETTING
- InpMinLot: Minimum lot size 0.01
- InpMaxLot: Maximum lot size 1.0 (editable)
- InpLotMultiplier: Martingale multiplier for next leg
- InpMaxLegs: Maximum averaging legs before close in profit
- InpGridStep: Distance in points between grid orders
- InpGridStepMulti: Multiplier for grid step expansion
- InpTPSHIFT: Take Profit shift in points from average price
- InpTPSHIFT_Multi: Multiplier for TP shift per leg
- InpCooldownBars: Minimum bars between averaging orders (anti-spam)
TRADE SETTING
- InpTradeDir: Trade direction Buy Only / Sell Only / Both
- InpMagic: Magic number for EA identification
- InpAutoAveraging: Enable auto averaging and TP shift
- InpCloseAtMaxProfit: Close all positions at max legs if profit
RISK CONTROL
- InpMaxDailyTrades: Maximum orders per day (safety 20)
- InpDailyProfitAmt: Daily profit in USD to stop trading
- InpDailyLossAmt: Daily loss in USD to stop trading
- InpEquityLossPct: Equity loss percent to stop all and close
NEWS FILTER
- InpNewsFilter: Enable news filter pause
- InpNewsBeforeMin: Minutes to pause before news
- InpNewsAfterMin: Minutes to resume after news
- InpManualNewsTimes: Manual news times format YYYY.MM.DD HH:MM;...
LICENSE
- InpLicenseKey: Activation key DEMO-1W, LIFETIME etc.
=== RISK WARNING ===
Martingale and grid strategies involve high risk. Always test on demo account first. Use recommended settings for GOLD. Past performance does not guarantee future results. Trade with capital you can afford to lose.
=== SUPPORT ===
Full support and set files included. Contact via MQL5 Market messages for optimization.
