Pipsgrowth EX03011 Grid

Pipsgrowth EX03011 is a Gold grid martingale built around a single principle: once a fresh cycle begins, the EA queues 1-6 pending stops at fixed 50-pip spacing in the chosen direction, then lets price walk the ladder. There is no per-trade stop loss on individual orders. The risk envelope is the basket itself, and the EA manages that envelope through weighted-average price targets, basket-profit percentage, a drawdown kill switch, and a margin-level emergency. If any of those trip, the entire grid is force-closed and the cycle resets to CYCLE_INACTIVE.

The cycle starts from scratch on every tick where CountOpenPositions and CountPendingOrders both return zero. OnInit enforces the symbol whitelist at startup — XAUUSD, XAUUSDm, GOLD, XAU, XAUUSD.raw, XAUUSD., or XAUUSD.i — and refuses any other symbol with an Alert and INIT_FAILED. It also warns if AccountInfoInteger(ACCOUNT_LEVERAGE) is below 1:500, since a 6-level grid with martingale scaling punishes low leverage.

Three entry modes sit behind the ENUM_ENTRY_TYPE input. ENTRY_RANDOM sets direction from tick.time parity: it reads SymbolInfoTick and computes lastRandom = (int)(tick.time % 2), then routes to the buy side if UseBuyGrid is true (and falls back to sell only if buy is disabled). The effect is buy-biased randomisation, not 50/50. ENTRY_RSI is the cleaner mode: it creates g_rsiHandle = iRSI(_Symbol, PERIOD_CURRENT, RSI_Period=14, PRICE_CLOSE) at init, and on each cycle-check tick it reads CopyBuffer(0, 0, 2). RSI > 50 fires a buy; RSI < 50 fires a sell, with UseBuyGrid and UseSellGrid as the only filters. ENTRY_BREAKOUT calls CopyHigh and CopyLow over the last BreakoutBars=48 five-minute bars (4 hours) and fires when SymbolInfoDouble(SYMBOL_LAST) clears the highest high (buy) or breaks the lowest low (sell).

When CheckEntrySignal returns true, PlaceGridOrders walks MaxGridLevels iterations. Level 1 sits at currentPrice ± gridStepPrice (50 pips) as a BUY_STOP or SELL_STOP, level 2 at ± 2 × gridStepPrice, and so on up to MaxGridLevels=6. Lot sizing is martingale: lot = InitialLot × LotMultiplier^(level-1). With LotMultiplier=1.0 (default) the lots are flat at InitialLot=0.01. Bumping it to 1.4 turns the ladder into 0.01, 0.014, 0.0196, 0.0274, 0.0384, 0.0538 — that escalation is what the 80% drawdown ceiling is designed to absorb. CalculateLotSize also enforces a MaxTotalLots=1.0 cap, so the final lot is reduced if the running total plus the new level would exceed that ceiling. Each order goes through a 3-retry OrderOpen loop with 100ms sleeps between failures, and OrderCalcMargin is called first; if required margin > 50% of free margin, the loop breaks early.

When a stop fills, the next tick detects openPositions > 0 and sets g_cycleState = CYCLE_BUY or CYCLE_SELL. DeleteOppositePendingOrders(ORDER_TYPE_BUY) cleans up any straggling sell-side pending orders, leaving the live basket to work the average. GetBasketProfit, CalculateAveragePrice, and UpdateTrailingProfit run on every tick while the cycle is active.

The basket take-profit is dual-mode. Method 1 watches CalculateAveragePrice (a volume-weighted average of all position open prices) and closes the basket when price has moved TakeProfit=20 pips in the cycle's favor — bid for buy cycles, ask for sell cycles. Method 2 closes when basket profit as a percentage of account balance reaches BasketProfitPercent=20%. The first to fire wins, and the cycle resets.

Trailing kicks in once basket profit reaches 50% of the basket target. g_trailingActive flips true, g_maxBasketProfit is set to the current basket profit, and on every subsequent tick the EA compares the current profit to the trailing threshold (max profit minus TrailingDistance=10 pips, converted to a percentage). When profit falls back through that level, takeProfitHit is set and CloseAllPositions + DeleteAllPendingOrders runs. The trailing is in pips-of-percentage territory rather than price-pips; the 0.1 multiplier on TrailingDistance is an approximate scaling from pips to percent, intentional in the code as a rough conversion rather than a precise trailing band.

The risk stack above the basket has three independent cutoffs. The first is the margin-level emergency in OnTick: if AccountInfoDouble(ACCOUNT_MARGIN_LEVEL) is non-zero and below 100%, the EA calls CloseAllPositions + DeleteAllPendingOrders and returns immediately. The second is CheckMaxDrawdown: drawdown = (balance - equity) / balance, and if it reaches MaxDrawdownPercent=80% the same shutdown runs. The third is the MinFreeMarginPercent=20% gate inside CheckMarginLevel — when there are no positions, it blocks new cycles if free margin dips below 20% of balance; when there are positions, it blocks new cycles if margin level falls below 150%.

Daily and intraday risk are split. CheckDailyLimits compares current balance to g_dailyStartBalance; if the day's profit reaches DailyProfitTarget=100% the EA blocks new cycles, and if it hits -DailyLossLimit=-50% the same. The OnTradeTransaction handler is the bookkeeping layer: it parses HistoryDealGetInteger(DEAL_ENTRY), increments g_dailyTrades on DEAL_ENTRY_IN, accumulates g_realizedToday and g_realizedWeek on DEAL_ENTRY_OUT, and increments g_consecLossesHD on each loss. After 3 consecutive losses, g_cooldownUntil = TimeCurrent() + InpCooldownMinutes * 60 (30 minutes by default) — this is a fixed threshold in the code, not the InpHrdMaxConsecLoss input (which gates the IsSafeToTrade check at a separate, larger value). The hardening block also exposes InpEquityFloor, InpHrdDailyLoss, InpHrdWeeklyLoss, and InpCapitalCap, all of which default to 0/disabled. When InpUseGMTSessions=true (default) the EA adds a London 7-16 ∪ New York 12-21 GMT gate via InActiveSession_EX03011; outside those hours — and on Saturday/Sunday — no new cycles fire regardless of the basic StartHour=7 / EndHour=16 input.

The news filter is intentionally minimal. IsNewsTime() blocks new cycles only on the first Friday of the month between 13:00 and 15:00 (NFP window), and only when UseNewsFilter=true (default false). There is no FOMC detection, no calendar feed — a trader who wants CPI or FOMC blocking has to layer it on top. The trade comment is hard-coded to 'Psgrowth.com Expert_03011' for identification, and the magic number 22203011 isolates this EA from any others running on the same account.

OnTester ranks candidates by (profit / maxDD) × max(0, profitFactor - 1), with hard gates of trades >= 10 and maxDD > 0. This favors strategies that produce meaningful trades with low relative drawdown and a profit factor above 1.0 — the right shape for a grid EA that runs a long cycle and closes cleanly. Trade-execution retries are 3 attempts at 100-200ms on REQUOTE, TIMEOUT, PRICE_OFF, and PRICE_CHANGED return codes via TryOrderDelete_EX03011 and TryClose_EX03011; everything else (insufficient margin, invalid stops, market closed) breaks out of the retry loop immediately so the EA does not hammer the broker.

Operationally, the realistic minimum is not the listed $100. A 6-level gold grid with 50-pip spacing that needs room for the basket TP to develop is going to draw down before it cycles out; $1,000-$5,000 with leverage at 1:500 or higher is the working range, and any account that cannot absorb the full 6-level martingale escalation should reduce MaxGridLevels first, then reconsider LotMultiplier. The two are independent knobs but both feed the same drawdown ceiling.