Automated XAU/USD Grid Trading with Adaptive Risk Management
📌 Overview:
The Gold Grid Trader EA is a sophisticated yet easy-to-use Expert Advisor designed for XAU/USD (Gold). It implements a grid trading strategy with adaptive spacing, dynamic risk controls, and automatic order replacement to capitalize on gold’s volatility while minimizing drawdowns.
Key Features:
✅ Smart Grid System: Places paired buy/sell orders at calculated intervals around the current price.
✅ Volatility Adaptation: Adjusts grid spacing based on market conditions (using ATR).
✅ Risk Management: Built-in stop-loss, take-profit, and spread filters to protect your capital.
✅ Crossover Protection: Avoids over-trading during low-liquidity hours (optional night mode).
✅ One-Click Setup: Optimized default settings for XAU/USD, but fully customizable.
Strategy Logic:
1. Initial Grid Setup: The EA opens buy/sell limit and stop orders at predefined intervals (e.g., $15 apart).
2. Order Replacement: When an order hits TP, it’s replaced to maintain grid density.
3. Volatility Adjustment: Grid spacing widens during high volatility (news events) and tightens during calm markets.
4. Safety Nets: Hard stop-losses and automatic cleanup of stray orders.
Parameters You Can Tweak:
- GridSpacingPips: Distance between orders (in pips).
- MaxGridLevels: Number of orders above/below current price.
- ATR_Multiplier: How aggressively the grid adapts to volatility.
- NightMode: Reduce trading during low-volume hours.
Free Download:
Download Gold Grid Trader for MT5
Call to Testers:
I’m looking for community feedback to improve this EA! If you’re interested:
1. Download and test it on XAU/USD (M15-H1 recommended).
2. Share your results, suggestions, or issues in this thread.
3. What would make it better? More filters? Different timeframes?
⚠️ Disclaimer:
- Test first on a demo account! Grid strategies carry risk in trending markets.
- Works best in ranging or mildly volatile conditions.
- Not a "set-and-forget" system – monitor periodically.
Let’s collaborate to make this EA stronger!
Got questions? Ask below!
