Grid Master Pro EA MT4 + Setfiles

Grid Master PRO EA – Grid Recovery Trading for GBPUSD, EURJPY, NZDCAD, and AUDCAD on MT4/MT5

Grid Master PRO EA is a grid-based recovery trading system developed by FXAutomater, running on MetaTrader 4 and MetaTrader 5 across four documented pairs: GBPUSD, EURJPY, NZDCAD, and AUDCAD. The primary proof comes from two public Myfxbook demo accounts tracked from May 2023 through 2025, showing +66.88% gain on GBPUSD and +155.83% on EURJPY. These are demo accounts — that distinction matters and is covered fully in the Performance Results section below.

Note: A separate product called Grid Master Pro EA by a different developer exists on the MQL5 Market. This page covers the FXAutomater version only.

Key Highlights

• ✅ Runs on MT4 and MT5 across four documented pairs: GBPUSD, EURJPY, NZDCAD, AUDCAD
• ✅ M15 timeframe with built-in trend filter, news filter, Friday exit system, and time management controls
• ✅ Up to four selectable trading signals per pair — run all four simultaneously or reduce to one for lower exposure
• ✅ MaxSpread hard limit of 3.0 pips protects entries against high-spread conditions
• ✅ Separate preset files for each documented pair; GMT offset configuration included in setup guide

Performance Results

The primary proof for Grid Master PRO EA comes from two public Myfxbook demo monitoring accounts on EXNESS MetaTrader 4 at 1:500 leverage, tracked from May 2023 through 2025.

• GBPUSD account: +66.88% gain, 29.90% maximum drawdown, 4.70 profit factor, 676 total trades
• EURJPY account: +155.83% gain, 40.78% maximum drawdown, 4.91 profit factor, 1,231 total trades

Track Record and Trading Privileges status show as verified on both Myfxbook pages. View the GBPUSD demo monitoring account on Myfxbook.

The available product materials also reference a separate signal statement showing +168.47% gain with 50.08% drawdown from October 2022 to June 2023, starting from a $5,000 initial deposit. The account type and broker for that statement are not clearly confirmed in the available materials — treat it as supplementary product-page evidence only.

Both Myfxbook accounts are demo accounts. Demo results reflect realistic execution on EXNESS at 1:500 leverage, but they do not carry the same weight as real-money results under live capital pressure. The EURJPY drawdown of 40.78% is the more significant figure. Grid recovery trading with a 2.0 lot multiplier means losing sequences compound position size — a 40% drawdown on a demo account at 1:500 can behave differently from the same strategy on a live account with tighter margin, higher spreads, or a different broker’s execution model.

Public real-money verification is not included on this page at this time. Before using live capital, control drawdown exposure through conservative AutoMM settings, a broker with spreads at or below the 3.0 pip MaxSpread limit, and a minimum 90-day demo run on your specific broker to validate recovery behavior under your execution conditions.

How It Works

Strategy: Grid-based recovery system trading GBPUSD, EURJPY, NZDCAD, and AUDCAD on the M15 timeframe. The EA identifies mean-reversion conditions using an overbought/oversold oscillator, filtered by a dual moving-average trend layer (MA1 period 100, MA2 period 60) and four selectable trading signals.

Entry: Entries trigger when the oscillator (OscPer 20, OscLev 5) signals an extreme, confirmed by the higher timeframe oscillator filter (OscPerHTF 20, OscLevHTF 10) and the trend filter. All four signals can run simultaneously or be reduced to one for lower exposure.

Exit: Primary exit at a fixed ForceProfit target of 9. Recovery trades close when the RecoveryProfit threshold of 45 is met across the open grid. A ForceLoss ceiling of 2,500 acts as the hard stop. The Friday exit system is configurable but set to off in the documented preset.

Risk Control: AutoMM at 0.2% of free margin per trade, capped at AutoMM_Max of 5.0 lots. Fixed lot baseline is 0.01. Recovery trades activate after the first losing trade using a RecoveryRiskMultiplier of 2.0 — each recovery layer doubles the previous lot size. Maximum additional trades per grid sequence is 3, with grid spacing set at 15, 14, and 10 pips across the first three levels. MaxSpread is set to 3.0 pips — no new trades open above this threshold.

✅ Best conditions: Low-spread ECN/STP broker with spreads consistently below 3.0 pips · Stable VPS execution to maintain timing accuracy · Trending or ranging markets within the oscillator’s detection range.

⚠️ Caution: High-volatility news events — the news filter is off in the documented preset; enable Avoid_News if you want automatic exclusion · Brokers with variable spreads that regularly exceed 3.0 pips during the London/New York overlap.

Technical Specifications

Who Should Use This EA

✅ Ideal for:

• Traders who understand grid and recovery trading risk and accept that drawdowns above 30–40% are possible within this strategy model
• MT4 or MT5 users running a low-spread ECN/STP broker who can verify spreads stay at or below 3.0 pips consistently
• Traders comfortable managing multi-pair deployment across GBPUSD, EURJPY, NZDCAD, and AUDCAD with separate preset files per pair

✅ Best results when:

• Running on a broker with consistent spreads below 3.0 pips and stable overnight execution, validated through at least 90 days of demo testing before live capital
• Capital allocation is sized conservatively relative to the AutoMM setting, so the 2.0x recovery multiplier does not breach margin limits during a losing grid sequence

⚠️ Not suitable for traders seeking low-drawdown or capital-preservation strategies. The recovery model documented here carries significant drawdown risk in adverse market conditions. Browse our full Forex EA catalogue or filter by MT4 EAs and MT5 EAs if you need alternative strategy types.

Download Package Included

• ✅ Experts:
  • Grid Master PRO EA — MT4 (.ex4)
• ✅ Presets:
  • GBPUSD All 4 Signals preset
  • GBPUSD Single Signal preset
  • EURJPY preset

Product download link is sent immediately via email after purchase.