Grid v6 EA is a dynamic grid Expert Advisor designed to create structured grid entries, combine multi-timeframe analysis and include equity protection rules to manage risk. It’s built to work well in ranging markets while offering safeguards when the market trends strongly.

TL;DR: Grid v6 EA places managed grids, uses multi-TF confirmation, supports fixed or automated lot sizing, monitors equity to stop trading on large drawdowns, and provides setfiles for quick testing. Always demo-test thoroughly before live use.

1. Features

Grid v6 EA includes a set of practical features aimed at safer grid trading. Confirm exact input names in the package you download.

  • Dynamic grid trading — creates a grid of orders to capitalise on market fluctuations and manage entries in ranging environments.
  • Multi-timeframe analysis — evaluates higher and lower timeframes (eg. M1, M5, M30) to confirm conditions before opening grid cycles.
  • Customizable lot sizing — supports fixed lot sizing or automated money-management modes to align with user risk appetite.
  • Equity & balance protection — monitors account equity and can automatically close positions or disable trading if equity drops below configured limits.
  • Advanced order management — distinguishes primary, protective and profit-enhancing trades with identifiers to manage exits cleanly.
  • Notifications — optional alerts/notifications to inform you about key events and risk triggers.
  • Setfiles & example preset — typically ships with example setfiles and a compact package (zip) for quick testing.
Grid v6 EA screenshot

2. Install — Exact Steps

Follow these exact steps so the EA and its helpers run as intended:

  1. Download the package (usually a ZIP containing the EA file, setfiles and README).
  2. Place EA file into MQL4/Experts or MQL5/Experts depending on the build.
  3. Install indicators/includes into MQL?/Indicators and /Include or /Libraries as provided.
  4. Restart MetaTrader so the Navigator refreshes and all new items appear.
  5. Compile if source is included — open MetaEditor and compile .mq4/.mq5 files to catch missing dependencies.
  6. Attach EA & load preset — attach to the recommended chart/timeframe (eg. EURUSD M15 as common example), load a provided setfile and verify inputs: lot sizing, grid spacing, equity limits and notification settings.
  7. Enable AutoTrading and watch Experts/Journal for runtime messages; address missing files or warnings by placing dependencies in correct folders and recompiling if needed.

3. Recommended Settings

  • Start with conservative lot sizing or percent-risk mode; avoid aggressive scaling until you understand drawdown behavior.
  • Use multi-TF confirmation enabled to reduce entries during trending moves (M5 + M30 confirmation is a good baseline).
  • Set equity protection thresholds (maximum DD) to automatically close cycles and disable trading when breached.
  • Restrict trading to liquid sessions for pair(s) you test; grids perform best in range-bound conditions.
  • Keep verbose logging enabled for the first 2–4 weeks to gather data for tuning.

4. Testing Protocol

  • Backtest as a first sanity check, but prioritize forward-demo testing since grid strategies are execution-sensitive.
  • Run forward demo for at least 30 days (or until you have a meaningful sample of grid cycles) and collect logs/screenshots per run.
  • Compare fills, slippage and behaviour across multiple brokers and VPS locations to choose the best execution environment.
  • Stress-test equity-protection triggers to confirm the EA disables itself cleanly under drawdown conditions.

5. Pre-deploy Checklist

[ ] Backup downloaded package & note upload/build date
[ ] Install and compile helper indicators/includes
[ ] Save backtest & forward-demo logs (setfile per run)
[ ] Forward-demo run ≥ 30 days and collect logs/screenshots
[ ] Confirm equity protection & emergency disable operate correctly
[ ] Start live only with micro-lots after repeatable demo success

Use these MT5Toolbox resources to complement Grid v6 EA and improve entry/exit quality:

7. Download

You can download the Grid v6 EA using the button below. Click to start the download, then follow the install steps above to test on demo.

Safety note: grid EAs can accumulate exposure in trending markets. Always run extended demo tests, enable equity-protection features and keep human oversight when moving to live accounts.