Fish n Grid MT4 — Adaptive Grid Breakout & Trend EA

Fish n Grid MT4 is a flexible Expert Advisor for MetaTrader 4 that blends grid execution with trend & breakout logic to create a controlled, structured approach to grid trading. It trades both FX pairs and XAUUSD (Gold) using a mix of scaling entry levels and intelligent filters to avoid classic grid pitfalls and manage risk more responsibly.

🧠 Key Features

Dynamic Grid Logic

• Executes grid entries around identified price levels rather than blindly placing orders.

• Grid spacing and level counts are fully configurable for fine-tuning performance.

• Supports adjustable take profit and stop loss per level.

Trend & Breakout Filters

• Trades are only considered if aligned with higher timeframe trend or breakout conditions.

• Prevents grid entries during strong counter-trend conditions.

Multi-Pair & Gold Support

• Works on multiple forex pairs such as EURUSD, GBPUSD, USDJPY and XAUUSD (Gold).

• Designed to diversify exposure across symbols.

Adaptive Risk Controls

• Flexible lot sizing (fixed or risk-based) keeps exposure under control.

• Max levels, max trades per direction, and daily drawdown limits add further safety.

Spread & Volatility Guards

• Can avoid placing grid levels when spreads are high or markets behave erratically.

• Helps reduce false triggers and slippage during thin liquidity.

No Martingale, Controlled Grid

• Grid logic is tempered by trend and filter conditions, not martingale escalation.

• Risk remains quantifiable and user-configurable.

📈 How It Trades

1. Trend/Filter Check: EA scans multi-TF trend and volatility conditions.

2. Grid Anchoring: When conditions are met, grid levels are set around breakout zones.

3. Position Scaling: If price moves through grid steps, the EA catches partial fills.

4. Exit Management: Positions are closed via TP/SL, time rules, or manual exit settings.

The adaptive filters help reduce trading during range chop and selector higher-probability environments.

⚙️ Recommended Setup

• Platform: MetaTrader 4 (MT4)

• Symbols: Major FX pairs + XAUUSD

• Timeframes: M5–H1 (varies by pair and trader style)

• Broker: ECN/RAW spreads recommended for best execution

• VPS: Low-latency (≤20 ms) recommended for order precision

• Live Signal: Signal

📦 Key Inputs (Overview)

Grid Parameters

• Grid Step (pips/points)

• Grid Levels (max)

• TP & SL per step

Filters

• Trend confirmation threshold

• Volatility threshold

• Spread limit

Risk Control

• Lot size mode (fixed/% risk)

• Max trades per direction

• Daily loss limit (drawdown guard)

Timing & Session

• Trading time filter (optional)

• Symbol group controls

📌 What You Get

• Fish n Grid MT4 EA (ex4)

• Configurable grid & trend profiles

• Quick-start guide

⚠️ Risk Disclaimer

Grid systems carry inherent risk if the market moves sharply without mean reversion. Even with filters and trend checks, losses can occur in extreme conditions. Results vary by broker, spread, slippage, and settings. Always test on a demo account first and size risk responsibly.