Fish n Grid EA V1.0 MT4 | Grid EA Download - MetaTrader 4 Resources

introduce

Fish n Grid EA V1.0 MT4 is an automatic trading system specially designed for MetaTrader 4, using grid trading strategy. It places multiple trades at different price levels to take advantage of market volatility and potential pullbacks, with the aim of closing a package of trades for an overall profit.

Main features

• Grid-based trading strategies
• Fully automated trade execution
• Multiple trade tiering system
• Basket profit closing mechanism
• Customizable grid spacing and batch sizes
• Built-in risk controls (stop loss/equity protection options)
• Multiple currency pair support
• MT4 Compatibility and Backtesting Support

Recommended settings

• Risk Level: Low to Moderate (1%–2% recommended)
• Grid Distance: Medium (avoids grids being too tight)
• Time frame: M15 or H1
• Currency pairs: major currency pairs with stable spreads
• Batch size: It is recommended to fix a small batch size
• Broker: Low Spreads ECN
• VPS: Recommended for stability

Backtest results

• Strong performance across a range of markets
• Irregular results under strong trend conditions
• Medium to high drawdown depending on setup
• Performance varies significantly with mesh configuration and agent conditions

advantage

• Profits come from market fluctuations, not direction
• Fully automated trading system
• Transactions can be resumed through an averaging mechanism
• Perform well in sideways markets
• Flexible configuration options
• No need for constant manual monitoring

shortcoming

• High Risk During Strong Trending Markets
• If not managed, significant losses can occur
• Requires in-depth understanding of grid trading
• Margin pressure caused by multiple open trades
• Not suitable for beginners without risk knowledge
• Performance is highly dependent on settings

Installation and Setup Guide

1. Download EA file (.ex4 format)
2. Open MT4 → File → Open data folder
3. Go to MQL4 → Experts folder
4. Paste the EA files into the folder
5. Restart the MT4 platform
6. Attach EA to selected chart
7. Enable automated trading
8. Configure grid distance, batch size and risk settings
9. Monitor performance regularly.

Product screenshots