🧩 What is AW Double Grids EA MT5?
AW Double Grids is a grid-based Expert advisor (EA) designed for MetaTrader 5, focusing on controlled position scaling, ATR-based take profit, and risk protection through strict order limits. The settings in the image reflect a semi-aggressive but well-protected grid strategy, suitable for medium to large accounts.
🧩 Main Settings Analysis
➡️ First Order Size
- Size of the first order:
0.01 lot
✅ Very conservative starting lot size
🔍 Ideal for reducing initial exposure and allowing the grid to develop safely
➡️ Auto Lot Management
- Enable Autolot calculation:
false - Autolot deposit per 0.01 lots:
30000(inactive due to autolot disabled)
🔶 Lot size is fixed, not balance-adaptive
✔️ Recommended for traders who want full manual risk control
➡️ Grid Multiplier Settings
- Type of multiplier:
Last order lots * Multiplier for size - Multiplier for size of orders:
1.7
🔎 Interpretation:
- Each new grid order increases lot size by 70%
- This is a moderate martingale-style scaling, not overly aggressive
⚠️ Risk Note:
- Prolonged trending markets can increase drawdown
- Best used with sufficient capital and strict max order limits
🧩 Take Profit (TP) Settings Review
➡️ TP Mode
- TP Mode:
ATR Based TP
✅ Dynamic take profit adjusts to market volatility
✔️ Superior to fixed TP in changing market conditions
➡️ ATR Configuration
- ATR TP Multiplier:
1.5 - ATR Period:
80 - ATR Timeframe:
1 Day
📊 Effect:
- Long-term volatility measurement
- Smoother TP targets, fewer premature exits
- Best suited for swing or position grid trading
➡️ Grid TP Expansion
- Increase TP for each order from larger grid:
25 points
✔️ Helps compensate for increased risk at deeper grid levels
✔️ Improves overall basket profitability
🧩 Last Cycle Settings
- Last Cycle Step:
400 points
(Must be larger than TakeProfit)
🔎 Purpose:
- Ensures the EA allows enough price movement to complete a full grid cycle
- Prevents forced closures too early
✔️ Well-balanced relative to TP and grid expansion
🧩 Protection & Risk Management Settings
➡️ Execution Safety
- Maximum slippage:
1000 points - Maximum spread:
1000 points
⚠️ These values are very high
- EA will trade even during high volatility or news
- Useful for crypto or exotic symbols
- Risky for forex during news events
➡️ Order Limits
- Maximum size of orders:
1000 lots - Maximum number of orders:
200
🔐 These are hard safety caps
- Prevents runaway grid expansion
- Protects account from EA malfunction
✔️ Recommended for VPS and long-term operation
🧩 Adviser (EA) Operational Settings
➡️ Trading Permissions
- Allow OP_BUY orders:
true - Allow OP_SELL orders:
true
➡️ EA trades both directions, forming a true double-grid strategy
➡️ Post-Cycle Behavior
- Allow to open new orders after close:
true - Step Work Mode:
Step work at last cycle only
🔍 Meaning:
- EA only intensifies grid logic at the final cycle
- Reduces overtrading during normal conditions
➡️ Order Management
- One closure per candle after N orders:
2
✔️ Prevents mass closures in a single candle
✔️ Improves execution stability and broker safety
🧩 Interface & Logging
- Show panel of advisor:
true - Font size:
5 - Write close-profit in chart:
true
📈 Useful for monitoring performance and transparency
✔️ Especially helpful for manual supervision
🧩 Final Conclusion
The AW Double Grids MT5 configuration shown in the image represents a balanced grid trading strategy with moderate risk scaling and strong structural protections. With a low initial lot size (0.01), ATR-based take profit, and a controlled multiplier of 1.7, this setup is suitable for traders who:
- Prefer manual lot control
- Trade medium to long-term grids
- Have sufficient account balance
- Can tolerate floating drawdown in exchange for higher recovery probability
➡️ Best Use Case:
✔️ Medium to large accounts
✔️ Forex majors, gold, or crypto (with caution)
✔️ VPS-based continuous operation
✔️ Traders experienced with grid and martingale concepts
⚠️ Not recommended for:
- Small accounts
- High-impact news scalping
- Traders who cannot manage drawdown psychologically
