Grid Deriv EA MT5 (Official version) | Unbounded

Product Overview

Grid Deriv EA MT5 is a fully automated Grid Trading Expert Advisor for MetaTrader 5, designed to execute and manage trading cycles automatically based on predefined price zones and grid parameters.

The EA comes configured by default for XAUUSD (Gold), allowing users to start trading after installation and setup. In addition to Gold, Grid Deriv can be used with specially organized configurations for Forex, Synthetic Indices, Cryptocurrencies, and other supported markets as new configurations become available.

The core strategy focuses on identifying areas where price moves significantly away from its normal range. When the conditions are met, the EA can open a sequence of positions using a grid-based trading approach. Instead of treating every position as an independent trade, Grid Deriv manages the positions as a complete trading cycle and aims to close the basket when the configured global profit target is reached.

The EA also supports global loss control, configurable lot scaling, optional trading-time restrictions, and different risk configurations, making it suitable for traders who want a structured and configurable automated trading solution without building the strategy from scratch.

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About the Developer

• Author: Antonio Simon Del Vecchio
• Experience: Over +8 years of experience on MQL5.
• Notable Products: Grid Deriv EA MT5, Ultra Risk MT5, Scalper Deriv EA MT5, Gold AI Robot MT5, Bitcoin MT5 Bot, Money Mind BTC MT5 and other advisors
• Flagship Product: Grid Deriv EA MT5 is rated as the best performing product of the year.

>> Delivery time 24h-48h after payment.
>>> Refund if not delivered.
>>> You will receive the latest version without any limitations (ID+Time).

>>Reviewed by Jason Stap <<

Key Features of Grid Deriv EA MT5

XAUUSD Gold Configuration

Grid Deriv EA MT5 comes configured by default for XAUUSD (Gold). This provides a ready-to-use starting configuration for traders who primarily trade the Gold market.

Multi-Market Configurations

Additional configurations are available for different markets, including:

• Forex
• Synthetic Indices
• Cryptocurrencies
• Other markets progressively supported by the system

Configurations can be organized according to the specific asset and trading environment.

Low, Medium & High Risk Profiles

Grid Deriv supports different risk configurations, allowing users to select between:

• Low Risk – designed around more conservative parameter settings
• Medium Risk – balanced configuration
• High Risk – more aggressive parameter settings

The appropriate configuration depends on account size, broker conditions, trading objectives, and individual risk tolerance.

Global Profit Closing

Rather than requiring every position to reach an individual take-profit level, Grid Deriv can manage the entire group of positions as one trading cycle.

When the configured global profit target is reached, the EA can close the cycle automatically.

Global Loss Control

The EA includes a configurable global loss limit. When the defined loss threshold is reached, the system can close the complete trading cycle to limit further exposure.

Automatic Grid Cycle Management

Grid Deriv can automatically add new positions when price moves sufficiently away from previous entries according to the configured grid parameters.

This allows the EA to manage a complete basket of positions without requiring manual intervention for every entry.

Configurable Lot Scaling

The EA provides multiple lot-sizing modes, including:

• Fixed Lot
• Linear
• X2

These options allow traders to adjust position sizing and overall grid aggressiveness according to their selected configuration.

Optional Time Filter

An optional trading time filter allows users to restrict the EA to specific trading hours or sessions.

This can be useful when traders want to avoid certain market periods or focus the strategy on selected trading sessions.

Set Files for Easier Configuration

Grid Deriv supports MetaTrader 5 .set files, allowing predefined parameters to be loaded quickly.

Instead of manually entering every setting, users can apply an organized configuration based on the market, asset and risk level.

How Does Grid Deriv EA MT5 Work?

Grid Deriv uses a grid-based trading cycle designed to respond to significant price movements away from an initial trading zone.

The general operating process can be summarized as follows:

1. Market Analysis

The EA continuously monitors the selected trading symbol and evaluates price conditions based on its configured parameters.

2. Initial Entry

When the required conditions are detected, Grid Deriv opens an initial position to begin a trading cycle.

3. Grid Expansion

If price moves sufficiently away from the previous entry, the EA can add additional positions according to the configured grid distance and lot-sizing mode.

4. Basket Management

Instead of managing each position independently, the EA evaluates the positions as a complete basket or trading cycle.

5. Global Profit Target

When the combined result of the cycle reaches the configured global profit target, the EA can close the entire basket automatically.

6. Global Loss Protection

If the basket reaches the configured global loss limit, the EA can close the cycle to prevent exposure from continuing beyond the selected threshold.

7. New Trading Cycle

After a cycle is closed, the EA can wait for the next valid setup and begin another automated cycle according to the active configuration.

This approach allows traders to automate the complete sequence of entry, grid management, basket control and exit directly within MetaTrader 5.

Why Choose Grid Deriv EA MT5?

• Grid Deriv EA MT5 is designed for traders looking for a structured automated grid trading solution with flexible configuration options.
• One of its main advantages is the availability of pre-organized configurations. Instead of spending significant time manually optimizing every parameter, users can work with set files designed for different markets, assets and risk levels.
• The EA is also particularly flexible for traders interested in more than one market. While XAUUSD Gold is the default configuration, additional configurations can be used for Forex, Synthetic Indices, Cryptocurrencies and other supported markets.
• Another important feature is basket-level management. The system is designed to evaluate the overall trading cycle rather than focusing exclusively on individual positions. This allows global profit and loss thresholds to be incorporated into the trading process.
• With Fixed, Linear and X2 lot modes, optional time filtering, global profit closing and global loss control, Grid Deriv provides multiple parameters for adapting the EA to different trading approaches.

Grid Deriv EA MT5 Reviews

• Volatility-Based Grid Strategy: Grid Deriv EA MT5 uses Bollinger Breakout entries and smart counter-grid orders to capture pullbacks and profit from mean reversion in volatile markets.
• Flexible Risk & Lot Management: Supports Fixed, Linear, and X2 lot scaling, global TP/SL control, and configurable maximum grid orders for better risk management.
• Fully Automated MT5 Trading: Runs automatically on MetaTrader 5 with features like adaptive grid spacing, time filters, and customizable Bollinger settings for optimized performance.

Grid Deriv MT5 Backtest

Grid Deriv EA MT5 Backtest

Grid Deriv EA Backtest

Real User Reviews and Feedback

🔺Grid Deriv EA is highly appreciated by the MQL5 community for bringing stable and reliable profits. Below are 5 star reviews from users:

• Fabrisgs (2025.05.07): “I like the Grid Deriv EA because it has shown me that it can constantly open successful trades using the grid method. I am using the X2 factor, which means it opens a new position after a number of pips and it helps in two fronts… That is why I think it deserves a good review.”

What’s Included in the Download Package?

• Setting (If Any).docx
•  Installation Guide.docx

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Final Thoughts

In summary, Grid Deriv EA MT5 is a fully automated Grid Trading Expert Advisor for MetaTrader 5, designed primarily for XAUUSD Gold while also supporting configurations for Forex, Synthetic Indices, Cryptocurrencies, and other markets. Its core methodology combines price-zone analysis, Bollinger Breakout entries, grid-based position management, and basket-level profit and loss control.

One of the main characteristics of Grid Deriv is its flexible risk configuration. Traders can choose between Low, Medium, and High risk profiles, while Fixed, Linear, and X2 lot-sizing modes provide additional control over position exposure. Global profit closing and global loss limits can also help define the boundaries of each trading cycle. However, these controls do not eliminate the underlying risks of grid trading.

The supplied information does not provide specific verified backtest performance figures, so profitability should not be inferred from the strategy description or user reviews alone. Historical testing, where available, should be evaluated under realistic spread, slippage, commission, leverage, and broker conditions.

The most important consideration is that prolonged one-directional market movements can cause a grid to accumulate positions, increasing floating drawdown and margin requirements. Linear or X2 lot scaling can further amplify this exposure.

Overall, Grid Deriv EA MT5 provides a configurable framework for automated basket-based grid trading. Traders should carefully select the correct .set file, maintain sufficient free margin, thoroughly demo and forward test the EA, and use conservative lot sizing before considering live deployment.