Pipsgrowth EX03005 Grid

Pipsgrowth EX03005 is not a strategy EA in the conventional sense. It is a TP averaging assistant — a small utility that watches an existing basket of open positions on the current chart and rewrites their take-profit levels so that every position in the basket closes together at a single fixed distance from the basket's volume-weighted average entry price. It does not open trades, does not close trades, does not set stop-loss, and does not run any indicator. The role it plays in a portfolio is the role of a basket manager for traders who run a grid, an averaging-down routine, or a martingale-style sequence from another EA or from manual entries, and who want every position in that sequence to share one exit target instead of having each ticket carry an independent TP.

The .mq5 file is correspondingly tiny — three inputs and four functions, no indicator handles, no #define constants, and a 165-line body. The three inputs cover everything a user might want to change: InpMagicNumber (default 22203005) sets the magic that identifies the basket the assistant should manage, InpTradeComment (default "Psgrowth.com Expert_03005") is the comment string written into any order the assistant itself touches, and TakeProfit (default 100, in MT5 points) is the fixed distance the assistant inserts between the basket's break-even price and the modified TP. Everything else is hard-coded because nothing else needs to vary.

The execution path runs on a 5-second timer, not on ticks. OnInit calls EventSetTimer(5), which fires OnTimer five times per second — far more often than is strictly necessary for a position-modification task, but cheap because the body of OnTimer does almost nothing. Each tick of the timer, the assistant calls positionInformation() to recompute the volume-weighted average entry for every open position on the chart's symbol. The function walks PositionsTotal(), filters to positions whose symbol matches the current chart and whose POSITION_TYPE is BUY (or SELL), and accumulates two running sums for each side: tPriceBuy += price * volume and tLotsBuy += volume. After the walk, BEPBuy = tPriceBuy / tLotsBuy and BEPSell = tPriceSell / tLotsSell, normalized to the symbol's Digits(). The result is a true volume-weighted average — positions opened with larger lots pull the basket break-even toward their entry price more than positions opened with smaller lots. This is the price the assistant will use as the anchor for the modified TP.

If BEPBuy is non-zero (i.e., at least one buy position is open on the symbol), OnTimer calls modifyPosition(POSITION_TYPE_BUY, BEPBuy + TakeProfit * Point()). The function walks the open positions again, this time modifying any buy whose existing TP is either zero or not equal to the new target. The condition NormalizeDouble(PositionGetDouble(POSITION_TP), digit) != NormalizeDouble(TP, digit) || NormalizeDouble(PositionGetDouble(POSITION_TP), digit) == 0 is the actual rewrite trigger: it fires on any drift, and it always fires on the first pass if TP is 0 (i.e., the originating EA opened the position without a TP). The modification request is a standard TRADE_ACTION_SLTP — only the TP field is set, the SL field is left at its existing value, and clearStructures() zeros the request/result/check structures before each send. The same path runs for sells with BEPSell - TakeProfit * Point() as the target, so a basket that has both buys and sells gets two independent targets, one for each side.

The order-send wrapper, TryOrderSend_EX03005, retries up to three times on transient errors: TRADE_RETCODE_REQUOTE, TRADE_RETCODE_TIMEOUT, TRADE_RETCODE_PRICE_OFF, and TRADE_RETCODE_PRICE_CHANGED each trigger a 200 ms Sleep and another attempt. A successful fill is recognized by TRADE_RETCODE_DONE, TRADE_RETCODE_PLACED, or TRADE_RETCODE_DONE_PARTIAL. Any other retcode breaks out of the loop and Print("Modify Error") is emitted. The 200 ms gap is conservative for a modification — TP changes rarely compete with other orders on the same ticket, so requotes are uncommon, but the retry covers the case where a position's stop-level or freeze-zone restriction blocks the change for a brief moment during high volatility.

Because EX03005 is a basket utility rather than a strategy, the inputs that other EAs in the corpus expose — InpRiskPercent, InpATRMultSL, InpADXMinTrend, InpFilterNews, InpMaxConsecLosses, the seven-state regime classifier — are intentionally absent. There is no signal to gate, no risk to size, no session to enforce. Whatever the originating EA (or the trader) decides about entry, stop, lot, regime, and timing is left intact. EX03005's only job is to align the take-profit of every position it sees to one shared, volume-weighted target, and to do that every 5 seconds for as long as the assistant is attached to the chart.

The natural deployment pattern is to run EX03005 in a second MT5 instance or on a second chart of the same symbol where the primary grid EA is attached, with the same InpMagicNumber. The primary EA handles entries, sizing, stops, and direction. EX03005 watches the basket and overwrites any drift in the TP. The two programs never talk directly — they coordinate only through the magic number on the open positions. To backtest EX03005, attach it to a chart alongside a strategy EA that produces the positions; running it alone produces no actions because the positionInformation walk finds nothing to modify. Because the assistant does not manage risk, it is appropriate only for traders who are already comfortable with the basket behavior of their primary EA and who specifically want the symmetric exit that a single volume-weighted TP provides.