Pipsgrowth EX03014 Grid

Pipsgrowth EX03014 Grid is a price-only MT5 grid engine. It contains zero indicator handles — the strategy is driven entirely by open-position bookkeeping, configurable pips thresholds, and a single .mq5 file of pure order-management logic. The EA opens its first orders at the market, then layers additional entries whenever price moves a configured step against the latest position on that side. There is no regime filter, no trend read, no volatility gate; what you get is a deterministic geometric grid you can tune from the inputs panel.

The grid is parameterized along four orthogonal axes, each driven by its own input. TypeOrdersPlace (Open_Buy_And_Sell by default) controls whether the basket starts with both sides, only buys, or only sells. TypeOfNextOrders (Grid_Contrary_Trend) decides whether the next entry is added on the side that is already winning — pyramid with the trend — or on the side that is losing, which is the classic mean-reversion martingale posture. PipsForNextOrder (50.0 default) sets the base distance. TypeOfStepProgress then reshapes that base distance for every additional layer: Statical_Step keeps a flat 50 pips between every order, Geometrical_Step multiplies the step by the count of orders already open on that side (so layer 3 sits 150 pips from the last buy, layer 4 sits 200 pips, and so on), and Exponetial_Step is declared but unreachable in the source because both branches in GetSignals test for TypeOfStepProgress==1 — the geometric branch matches first, which is a real source-code bug worth flagging if you intend to run exponential sizing.

Sizing is decoupled from step. TypeOfLotProgress picks one of three regimes. Statical_Lot reuses the size of the first order on each side for every subsequent layer — predictable and conservative. Geometrical_Lot doubles the lot on the second order, then from the third layer onward it adds the latest lot to the first lot, so the sequence is 0.01, 0.02, 0.03, 0.04, 0.05… Exponetial_Lot (also flagged via the same enum value 2) doubles the previous lot indefinitely, producing the most aggressive martingale curve. The MaxMultiplierLot input acts as a hard cap: in Statical and Geometrical modes, the calculated lot is clamped to LotFirstBuy × MaxMultiplierLot (default 50.0) before normalization, so a single position can never exceed 50× the opening lot regardless of what the progression calls for. AutoLotSize is a separate path: when enabled, lot becomes (AccountBalance × RiskFactor) / 100000, with RiskFactor defaulting to 1.0, which on a $10,000 account yields 0.10 lots as the base unit.

Exits are basket-level, not per-order. GetSignals() runs first, and if there is at least one open position, it checks the combined P&L of the entire basket — BuyProfits+SellProfits in pips or in account currency, depending on TypeTargetClose — against the configured PipsCloseInProfit (10.0 default) or CurrCloseInProfit (10.0 default). The instant that threshold is reached, CloseOrdersInProfit flips to true, MainFunction routes through CloseOrders(), and the EA walks PositionsTotal() in reverse to close every position whose magic matches OrdersID. There is no scaling-out by order, no partial close, no scaling-in via a separate trigger — the basket closes whole or not at all. The same mechanism handles loss: PipsForCloseInLoss (100.0 pips) combined with ModeCloseInLoss (Close_All_Orders by default) wipes the basket if unrealized loss exceeds the threshold, with the alternative Close_First_Orders selectively closing only the oldest tickets.

Hedge mode is an optional layer that activates when PlaceHedgeOrder is true. The trigger is a balance-percent loss test: if |BuyProfits+SellProfits| / AccountBalance × 100 ≥ LevelLossForHedge (10.0% default) and the basket is net negative, the EA flags UnderHedgePair=true and OpenHedgeOrder=true. From that tick onward MainFunction only calls OpenOrders() on the side that has less aggregate volume, with the hedge lot size computed as |TotalLotsBuy - TotalLotsSell| × MuliplierHedgeLot, normalizing to volume step and bounded by the broker's SYMBOL_VOLUME_LIMIT. The UnderHedgePair flag stays set until the basket is fully closed, so the EA will not start a new basket while a hedge is open.

The safety stack is intentionally light. The OnInit() block validates RiskFactor (0.01-100), MaxSpread (≥ 0), and MaxOrders (≥ 0); everything else is permissive. MaxSpread defaults to 0.0, which means no spread filter at all — the EA will open a buy and a sell on any tick, even with a 50-pip quote spread. Slippage is 3 points by default, and the close path uses request.deviation=5, so closes tolerate twice the slippage of opens. There is no OnTradeTransaction hook, no daily loss counter, no equity-floor kill switch, no session filter, no news filter, and no OnTester fitness function. OrderCalcMargin calls are present in the source as commented-out blocks, so margin pre-checks do not run; a free-margin guard would have to be added by the user. Order retries go through TryOrderSend_EX03014, which loops up to three times at 200ms intervals on TRADE_RETCODE_REQUOTE, TIMEOUT, PRICE_OFF, or PRICE_CHANGED, and breaks out on any other retcode.

The chart-side behaviour is decorative. When ShowComments is enabled, the EA renders a 312×168 raised panel via DrawObjects, then stacks DisplayText labels for spread, money-management mode, current buy/sell exposure, and closed history results in the upper-left corner. SetChartRun is a convenience toggle: when true, the EA calls ChartSetSymbolPeriod to switch the active chart to SymbolPairRun (EURUSD default) and TimeFrameRun (1=M1) before OnInit returns, then calls MainFunction() once to seed any visual state. In the tester and visual modes, the same call runs every tick from OnTick(); on a live terminal, OnTick() short-circuits to MainFunction unless UseCompletedBar is true, in which case it gates on bar-open and re-reads TimeLastBar regardless of the bar timestamp.

Practical tuning on XAUUSD. The defaults are calibrated for a tight-spread major or XAUUSD on an ECN/Raw account, with the basket expected to close on a 10-pip move and a 100-pip loss limit as the worst-case stop. With MuliplierHedgeLot at 1.0 and MaxMultiplierLot at 50, the worst-case position size scales linearly with the size of the imbalance rather than doubling it. Most live grids on this template will want MaxSpread raised to a non-zero value, a session filter added, and either a manual RiskFactor reduction or a manual cap on order count — the source has MaxOrders=0 (unlimited) by default, so the only soft brake is the symbol's SYMBOL_VOLUME_LIMIT and the broker's free margin.