Grid Recovery EA — Free Download & Guide
AD SLOT · 728×90
High-risk strategy. Grid / averaging can lose an account fast in a trend. Keep martingale OFF and the hard equity stop ON, and test on a demo account before any live use.
Grid Recovery opens an initial trade in the moving-average trend direction, adds grid orders at a fixed step if price moves against it, and closes the whole basket at a money target. A hard equity stop force-closes everything if floating loss gets too large.
What it does
- Fixed-step grid in the MA trend direction
- Closes the basket at a money profit target
- Hard equity stop (on by default)
- Optional martingale (off by default)
Key settings
| Setting | Default | Notes |
|---|---|---|
| Initial lots | 0.01 | First order |
| Grid step | 20 pips | Spacing between orders |
| Max orders | 6 | Basket cap |
| Basket take profit | $10 | Money target |
| Hard equity stop | 20% | Force-close loss limit |
| Martingale | off | Keep off until understood |
How to install
Download the file, drop it into your MetaTrader Experts or Indicators folder, restart the platform, then drag it onto a chart (enable AutoTrading for EAs). Full walkthrough in our MT4/MT5 install guide.
Run it live: Runs on MT4 — open a demo or live account with Exness or IC Markets to test it first. (Affiliate links — see disclosure.)
Limitations to understand
Grid and averaging strategies can lose an account quickly in a strong trend. Keep martingale off and the equity stop on, and fully understand the behaviour before any live use.
Risk warning. Educational use only — not financial advice. No guarantee of profit, and past performance does not indicate future results. Test on a demo account first; you can lose more than your deposit trading leveraged products.