HedgedGridEA
Trade Both Market Directions Smarter
Hedged Grid EA is an automated trading Expert Advisor designed for MetaTrader 5. It uses a grid trading strategy to open and manage Buy and Sell positions automatically.
The EA can trade both market directions simultaneously, allowing it to manage buy and sell opportunities independently. It also supports Buy Only and Sell Only trading modes.
With automatic position management, adjustable grid settings, trailing stops, and built-in risk controls, Hedged Grid EA helps simplify grid trading and reduce the need for constant manual monitoring.
Main Features and Advantages
1. Automated Hedged Grid Trading
Automatically opens Buy and Sell positions according to market price movements. It can operate in both directions simultaneously or trade using only one direction.
2. Adjustable Grid Levels
Customize the distance between grid positions and the maximum number of positions allowed on each side. This gives traders greater control over their trading strategy.
3. Automatic Lot Size Calculation
The EA calculates position volume using the selected risk percentage and grid distance. This helps adjust trade size according to account balance and symbol specifications.
4. ATR-Based Dynamic Grid Distance
The EA can use the Average True Range (ATR) indicator to adjust grid spacing according to market volatility. Traders can also choose a fixed grid distance.
5. Basket Take Profit
Automatically closes all positions managed by the EA when the combined floating profit reaches the configured basket take-profit target.
6. Automatic Trailing Stop
The EA automatically moves stop-loss levels as individual positions move into profit, helping protect potential gains.
7. Equity Drawdown Protection
Includes an adjustable equity drawdown limit. When the configured limit is reached, the EA closes its managed positions and pauses new trading for 24 hours.
8. Spread Filter
Allows traders to prevent new entries when the market spread exceeds their selected maximum spread.
9. Trading Session Filter
Set preferred trading hours using broker server time. This filter controls new entries while allowing existing positions to continue being managed.
10. High-Impact News Filter
Includes an economic calendar filter designed to avoid opening new positions around high-impact news events for the selected currency. This feature is not available in the MT5 Strategy Tester.
11. On-Chart Trading Dashboard
Displays important trading information directly on the chart, including:
-
EA trading status
-
Trading mode
-
Current symbol
-
Number of open positions
-
Buy and Sell position counts
-
Floating profit or loss
-
Account balance and equity
-
Current and maximum drawdown
-
Grid distance
-
Current spread
Why Choose Hedged Grid EA?
-
Automated Buy and Sell trading.
-
Flexible trading direction settings.
-
Adjustable grid strategy.
-
Fixed or ATR-based grid spacing.
-
Automatic lot size calculation.
-
Basket profit management.
-
Individual position trailing stops.
-
Built-in equity protection.
-
Trading session and spread filters.
-
Easy-to-read trading dashboard.
Important Risk Notice
Grid trading involves significant risk, especially during strong one-directional market movements. Opening multiple positions can increase exposure and drawdown. The equity protection feature does not guarantee that losses will remain within the selected limit, as slippage and market conditions may affect execution.
Always test the EA on a demo account before using it on a live trading account. Choose appropriate risk settings for your account size.
