Grid Bot
This Old Kings expert advisor (trading robot) for MetaTrader 4 is called Grid Bot. As the name suggests, the idea behind it is a grid of orders at fixed price steps. It works with a grid of orders, places pending orders and has a trading-hours filter. It has 6 settings, for example Per Order Lotsize (default 0.1), Safety Net (default -250.0) and Trading Days Of Week (default 1,2,3,4). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Expert advisor · MT4 · v1.0 · Free
About Grid Bot
Grid Bot is an expert advisor (trading robot) for MetaTrader 4. It opens a grid of orders at fixed price steps, places pending buy/sell stop or limit orders and trades only in the hours you set (time filter). It has 6 settings, such as Per order lotsize, Safety net and Trading days of week. MQL source code included.
Files in the download: 4xGridBot_500.mq4, info.txt, Redme 1st.txt.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Per order lotsize | 0.1 | |
| Safety net | -250.0 | |
| Trading days of week | 1,2,3,4 | |
| Start hour | 17 | Hour when trading starts (server time) |
| End hour | 1 | Hour when trading stops (server time) |
| Stop now | FALSE |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: Grid · Pending Orders · Time Filter · MT4 Expert Advisor · MQL4 Source Code