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Grid Trading with Equal-Spaced Pending Orders and Increasing Lots

Article MQL5 code base

Summary

The document briefly describes a grid trading robot that places pending orders at equal price intervals. When the market moves against an opened lot, it places an order in the opposite direction with a larger lot size. The robot begins with a minimum lot and, after deposit profitability reaches a preset level, automatically restarts by removing orders and resetting lot sizes to the minimum.

This is a high-level description rather than a full strategy specification. It gives no interval size, lot-increase schedule, profit threshold, market or instrument constraints, or performance evidence. The approach can accumulate larger exposure as price moves against a position, while the restart rule depends on an unspecified profitability target. The document therefore explains the basic grid and reset mechanism but does not provide enough detail to assess its behavior or risk in particular market conditions.

Key ideas

  • The robot places pending orders at evenly spaced price intervals.
  • When price moves against an opened lot, it places an opposite order with a larger lot.
  • It starts at the minimum lot size and resets orders and sizing after reaching a profit threshold.
  • The description omits grid spacing, sizing rules, and the threshold value.
  • No performance results or risk controls are provided.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.