Grid Trading System EA

Grid trading is a systematic approach that places multiple buy and sell orders at predetermined price levels, forming a grid. This strategy aims to profit from price oscillations in ranging markets by buying at support levels and selling at resistance levels.

Grid Trading Fundamentals

The core concept of grid trading involves:

1. Defining a price range where you expect the market to fluctuate
2. Dividing this range into equal intervals (the grid)
3. Placing buy orders at the lower levels and sell orders at the higher levels
4. Taking profit when price moves from one level to another

Implementation in MQL5

Market Conditions for Grid Trading

Grid trading performs best in:

• Range-bound markets with clear support and resistance levels
• Markets with regular price oscillations
• Pairs with higher volatility but within a defined range

It’s less effective in strongly trending markets or during major news events.