Fish n Grid EA — Multicurrency Mean-Reversion Grid for MT4

Fish n Grid EA is a fully automatic multicurrency grid system trading 18 pairs from a single EURUSD H1 chart on MT4, exploiting mean reversion across correlated currency pairs.

The linked MQL5 live signal shows 249% growth on a $3,000 real account over 178 weeks — meaning this record covers multiple market regimes, not a cherry-picked window.

Published on MQL5 by author Pak Hong Poon, with a named broker (ICMarkets), dated product page, and direct signal link from the official product listing.

• Vendor website: View here

Key Highlights

• ✅ One-chart deployment — attach to EURUSD H1, load the set file, and all 18 pairs trade automatically
• ✅ Live MQL5 real-money signal: 249% growth, 5,120+ trades across 178 weeks on a $3,000 account
• ✅ Multicurrency mean-reversion grid across 18 pairs — H1 timeframe, hedging account required
• ✅ Dollar-based basket stop loss (configurable via Stop_Loss_in_Dollar) gives explicit worst-case control per basket
• ✅ Provenance is verifiable: named MQL5 author, active signal, and official user manual — not a reseller screenshot package. Compare EA strategies
• ✅ 69.5% win rate across 5,120+ live trades — consistent across four calendar years (2022–2025)

Performance Results

The MQL5 live signal runs on a real ICMarkets account starting from $3,000 and has reached $10,341 current equity — a net profit of $7,463 over 178 weeks. Annual returns have been 63.4% (2022), 49.4% (2023), 13.2% (2024), and 26.2% through November 2025, averaging roughly 3.65% per month across the full period. This is not a six-month sprint — the record spans multiple risk-off and trending-market episodes that typically punish mean-reversion grids.

The annual breakdown confirms the growth was not front-loaded. Monthly returns across 2023 ranged from –2.3% to +5.1%, and 2024 included a significant –12.6% drawdown month in June followed by recovery. The 2025 partial-year data shows –9.3% in April before recovering through the remainder of the year, confirming the EA resumes normal operation after deep grid extensions.

The signal’s 34.9% maximum equity drawdown is the core risk to understand before purchasing. Grid systems extend positions when price moves against the basket — if 18 correlated pairs trend simultaneously in the same direction, open floating losses compound quickly. The documented controls are: keep initial deposit at $3,000 minimum, set Stop_Loss_in_Dollar to limit basket loss per cycle, and monitor account equity during news events (Non-Farm Payroll filter is available in settings). Under these conditions, the live signal has recovered from every drawdown cycle within the 178-week record, but a prolonged one-directional move across correlated pairs remains the mechanism that would produce the worst-case outcome.

Live real-money signal verified on MQL5 — ICMarkets account, 2022–2025. Past performance does not guarantee future results. Demo validation recommended 60+ days before live deployment.

How Fish n Grid EA Works

Strategy: Mean-reversion grid across 18 correlated currency pairs — when price deviates from expected range, the EA builds a position basket expecting reversion to the mean, exploiting natural currency correlation dynamics on H1.

Entry: Grid orders placed at calculated intervals when price extends beyond the expected range on H1; new levels added every 45 minutes (Add_Order_Minute: 45).

Exit: Basket closes when the preset profit target is reached; the dynamic stop loss exits the full basket if dollar loss hits the configured limit.

Risk Control: Dollar-based basket stop (Stop_Loss_in_Dollar: 3000), spread filter (Spread_Filter: 20), maximum 15 grid levels (Max_Level: 15), starting lot 0.01.

✅ Best conditions: Range-bound or mean-reverting markets • Low-spread ECN broker (raw spread) • Stable VPS with continuous uptime

⚠️ Caution: Sustained one-directional trends across correlated pairs • High-impact news events without filter active • Broker spreads above 2 pips on major pairs

Technical Specifications

This EA is MT4 only. Need an MT5-compatible grid system? Browse MT5 EAs

Who Should Use Fish n Grid EA

✅ Ideal for:

• Traders with a minimum $3,000 dedicated account who can tolerate equity drawdowns up to 35% without panic-closing positions
• Hands-off traders wanting diversified automation across 18 pairs without managing multiple charts
• Experienced grid traders who understand that floating drawdown is structural — not a signal to intervene
• Traders on ECN brokers with hedging accounts (IC Markets, Pepperstone, or equivalent raw-spread brokers)

✅ Best results when:

• Running on a stable VPS with uninterrupted connectivity — grid position management requires constant broker connection
• Funding the account at $3,000+ and leaving the Stop_Loss_in_Dollar setting at or above the grid’s maximum basket exposure

Download Package Included

• ✅ Experts:
  • Fish n Grid_fix.ex4
• ✅ Presets:
  • AllPairs_H1.set (recommended)
  • AllPairs_M15.set (alternative)

Product download link sent immediately via email after purchase.

Frequently Asked Questions