XAU Grid Reload MT5

XAU Grid Reload MT5 is an Expert Advisor for gold symbols such as XAUUSD and broker-specific variants. It places a two-sided grid of Buy Stop orders above the current price and Sell Stop orders below it, then manages the EA’s positions and pending orders automatically.

FEATURES
• Configurable grid spacing and order count per side
• Default grid spacing: 1.00 XAU price unit
• Default: up to 10 Buy Stops and 10 Sell Stops
• Default order volume: 0.05 lot per order
• Maximum 20 pending orders and 5 open positions by default
• Closes an individual position after the configured favorable price move
• When the configured minimum number of positions is open, calculates the basket break-even price and can close the basket after the configured positive move
• Keeps the pending grid available for continued operation, subject to the position limit and broker rules
• Uses a 10% equity drawdown stop by default; when reached, the EA closes its own trades and pauses

IMPORTANT
This EA does not guarantee profits and can incur substantial losses, especially during strong one-way moves or volatile conditions. The default 0.05 lot and grid settings may be unsuitable for small accounts. Test on a demo account and adjust the volume and limits to your balance and risk tolerance before using real funds.

Designed for MetaTrader 5 hedging accounts. Attach it to the broker’s gold symbol chart and allow algorithmic trading. For continuous operation, keep MetaTrader 5 running or use a VPS. GTC pending orders may remain at the broker when the terminal or EA is offline, but position management and grid reloading require the EA to be running.