๐ถ What is GridMartin Conqueror MT5?
GridMartin Conqueror EA for MetaTrader 5 (MT5) is a powerful automated trading system that combines grid trading, martingale position scaling and news/time filtering. It is designed to recover losses through averaging positions while maintaining control via spread filters, timing logic and advanced money management.
๐๐๐ย Buy thisย GridMartin Conqueror MT5ย product hereย ๐๐๐
This Expert Advisorย (EA) is best suited for traders who understand high-risk recovery systems and want a flexible tool for multi-directional trading with automation.
๐ถ Detailed Analysis of GridMartin Conqueror EA Settings
๐ฏ News Filter & Time Protection
| Parameter | Value | Description |
|---|---|---|
| Use_NewsFilter | true | Enables news filtering. |
| News_USA | true | Focus on US news events. |
| IncludeHigh | true | Blocks high-impact news. |
| IncludeMedium / Low | false | Ignores lower-impact news. |
| MinsBeforeHigh | 120 | Stop trading 2 hours before news. |
| MinsAfterHigh | 15 | Resume trading after 15 minutes. |
| IncludeSpeaks | true | Includes speeches (e.g., central banks). |
| InterestRateDecision_StopOpen | true | Stops trading during rate decisions. |
๐ Insight:
- Strong news protection system
- Avoids major volatility spikes
๐ฏ Grid & Martingale System
| Parameter | Value | Description |
|---|---|---|
| Select_Enter_Signal | FrankoScalp | Entry logic type. |
| total_open_transactions | 3 | Max initial trades. |
| Transactions_only_unidirectional | false | Allows both BUY & SELL grids. |
| Min_minutes_between_orders | 1440 | Minimum delay between orders (1 day). |
| Min_pips_between_orders | 30 | Grid spacing. |
| Multiplier_of_trade_Lot_at_Negative_pips | 1.5 | Lot multiplier (martingale). |
| Pips_between_orders_without_pause | 160 | Distance without delay. |
๐ Insight:
- Uses grid recovery with moderate multiplier (1.5)
- Large spacing reduces frequency but increases exposure
๐ฏ Money Management
| Parameter | Value | Description |
|---|---|---|
| Funds_for_0.01_Lot | 200 | Lot scaling reference. |
| Lot_calculation_based_on | Balance | Uses account balance. |
| Use_Fixed_Lots | false | Dynamic lot sizing enabled. |
| Value_Fixed_Lots | 0.01 | Fallback lot size. |
๐ Insight:
- Dynamic lot sizing improves scalability
- Risk increases with account growth
๐ฏ Trade Execution Settings
| Parameter | Value | Description |
|---|---|---|
| BUY_orders | true | Allows buy trades. |
| SELL_orders | true | Allows sell trades. |
| Max_Spread_Open_for_BUY | 5.5 | Max spread โ 0.55 pips. |
| Max_Spread_Open_for_SELL | 8.0 | Max spread โ 0.8 pips. |
| Slippage | (implicit) | Controlled execution. |
๐ Insight:
- Strict spread filter ensures low-cost entries
- Works best on ECN/low spread brokers
๐ฏ Profit & Loss Management
| Parameter | Value | Description |
|---|---|---|
| TakeProfit_Initial | 0.0 | No fixed TP. |
| Close_orders_at_percentage_of_loss | 99.0 | Closes near total loss โ ๏ธ |
| Close_profit_at_change_of_direction | true | Closes on reversal. |
| Close_orders_at_profit_% | 0.0 | Not used. |
๐ Insight:
- Relies on basket closure logic
- No strict SL โ high risk
๐ฏ Trailing Stop Settings
| Parameter | Value | Description |
|---|---|---|
| Trailing_Stop | 0.0 | Disabled. |
| Trailing_Step | 1.0 | Minimal adjustment. |
| activate_trailing_for_two_deals_or_more | true | Activates for multiple trades. |
๐ Insight:
- Limited trailing โ focus on grid closure
๐ฏ Advanced Position Management
| Parameter | Value | Description |
|---|---|---|
| Total_positions_for_one_symbol | 3 | Max trades per symbol. |
| One_currency_for_one_direction_only | true | Avoids conflicting trades. |
| Total_positions_for_all_symbols | 27 | Global trade limit. |
๐ Insight:
- Controls portfolio exposure
- Prevents excessive risk concentration
๐ฏ Time & Trading Schedule
| Parameter | Value | Description |
|---|---|---|
| MondayโTuesday | true | Active trading days. |
| Wednesday | false | No trading. |
| Thursday | true | Limited trading. |
| Friday | false | Avoids weekend risk. |
| Sunday | false | Avoids market open volatility. |
๐ Insight:
- Trades only selected days โ controlled exposure
๐ฏ GMT & Holiday Filters
| Parameter | Value | Description |
|---|---|---|
| GMT Offset | 2 | Adjusted to broker time. |
| Use_Holidays_Pass | false | No holiday skip. |
| Use_Date_Holidays | true | Specific dates filtered. |
๐ Insight:
- Helps align trading with market sessions
๐ถ Strategy Evaluation
๐ฏ Strengths
- Advanced grid + martingale system
- Strong news filtering & time control
- Dynamic lot sizing adapts to balance
- Spread filters ensure efficient execution
- Portfolio-level position limits
๐ฏ Weaknesses
- Martingale strategy โ high risk
- No fixed stop loss โ potential large drawdowns
- High loss closure threshold (99%)
- Complex system โ requires careful optimization
๐ถ Conclusion
The GridMartin Conqueror MT5 configuration is a complex, high-risk automated trading system that combines grid trading, martingale recovery, and advanced filtering mechanisms. It is designed to recover losses and generate steady profits in ranging markets, while minimizing exposure during high-impact events.
However, due to its reliance on martingale logic and lack of strict stop loss, it carries significant drawdown risk, especially in strong trending markets.
For safer and more sustainable use, traders should consider:
- Reducing martingale multiplier.
- Adding equity or stop loss protection.
- Limiting maximum trades.
- Testing thoroughly on demo accounts.
Overall, GridMartin Conqueror EA is a powerful but aggressive trading system, best suited for experienced traders who understand grid strategies and risk management at an advanced level.
