Introduction


Hey trader, tired of EAs that either gut your account or sit dormant most of the day? If you’ve ever wanted a grid-based system that actually works with market direction—without blowing up your balance—check out Trend Grid EA V1.0 MT4. It’s a 100% free Expert Advisor on ForexFactory.cc, developed and stress-tested by the YoForex team. No shady upsells, no hidden fees—just a robust grid trend scalper designed to adapt to current market bias. Intrigued? In this post, I’ll spill all the details: what makes Trend Grid EA tick, real backtest proof, installation steps, why YoForex is arguably the best source for free EAs on ForexFactory, and how to get help if things go sideways. Let’s dive in!


Overview


Trend Grid EA V1.0 MT4 is an MT4 Expert Advisor that merges grid trading with dynamic trend filtering. Instead of blind martingale—where the EA just doubles down no matter what—this EA uses multiple moving averages (customizable) to identify trend bias on higher timeframes (H1 & H4), then deploys a mini-grid on the M15 chart to capture pips in line with that bias. The idea is simple: catch small retracements within a confirmed trend, stack multiple orders spaced by X pips, and let the trend carry the grid into profit.


Key points:



  • Primary Pairs: EUR/USD (optimized), GBP/USD, USD/JPY

  • Timeframes: H1 trend filter, M15 grid execution

  • Minimum Deposit: $300

  • Strategy Type: Grid trend scalping (no martingale multipliers, fixed lot sizing)


Here’s what sets it apart from other grid EAs:



  1. Trend Filter: Uses 50-period and 200-period Exponential Moving Averages (EMAs) on H1 to confirm bullish or bearish bias before opening any grid.

  2. Adaptive Grid Spacing: Grid levels auto-adjust based on current Average True Range (ATR) on M15—so during volatile sessions, grid spacing widens; during quiet times, it tightens.

  3. Fixed Risk Lots: Each order in the grid uses a fixed lot size (default 0.01 lot per $1,000 equity). No doubling if previous orders lose.

  4. Break-Even & Partial Closures: Once the first grid order is +10 pips, the EA moves the entire grid to break-even; at +15 pips, it closes half the grid, locking in profit while letting the rest run.

  5. YoForex’s devs rigorously backtested Trend Grid EA V1.0 MT4 on tick data from 2016–2023. More on that in the Backtest Proof & Live Performance section.


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If you’re into free ForexFactory EA tools, this one’s a winner. For a quick look at other recent releases, head over to the Newest EAs page. And if you need complementary indicators—like ATR-based volatility filters—check out the Indicator Section. Lastly, don’t forget to peek at User Reviews to see what fellow traders think.


Key Features


• Multi-Timeframe Trend Confirmation




  • Applies 50 EMA & 200 EMA on H1 to confirm bullish/bearish bias before opening grid orders on M15. No more random sideways drawdowns.




• ATR-Adaptive Grid Spacing




  • Grid intervals are dynamically calculated as 0.5 × ATR(14) on M15. When volatility spikes, grids don’t stack too close; during quiet times, they don’t spread too wide.




• Fixed Lot Sizing (No Martingale)




  • Default: 0.01 lot per $1,000 equity. All grid orders use the same lot size—avoids exponential risk growth seen in martingale systems.




• Partial Profit-Taking & Break-Even




  • When the first order hits +10 pips, the EA moves all orders to break-even. At +15 pips, it closes 50% of the grid, securing profits while letting the rest ride.




• Dynamic TP/SL Adjustments




  • Default take-profit for the grid is +25 pips (sum profit across grid). Stop-loss is a manually set “Max Drawdown” parameter (default: 15 pips from first order).




• Spread & Slippage Filter




  • Prevents opening new grids if spread > 2.5 pips or slippage > 3 points. Keeps you safe during news spikes.




• Broker-Agnostic & DLL-Free




  • Runs on any standard MT4 build without external DLLs. Compatible with ECN brokers, zero-spread accounts, or standard accounts.




• One-Click Grid Disable




  • If you see a major news event incoming, toggle “EnableGrid” to false—EA closes existing orders and stops opening new ones.




• 100% Free Lifetime Updates




  • YoForex consistently refines the trend filter logic and ATR-adaptive grid parameters. All updates are free—no subscription or hidden costs.




• User-Friendly Inputs



  • Grid levels: adjustable from 3 to 7 orders.

  • Lot calculation: set your baseline equity-per-lot.

  • EMA periods: change 50/200 to 21/89 if you prefer faster trend signals.


Backtest Proof & Live Performance


Enough talk—let’s see how Trend Grid EA V1.0 MT4 performs in the real world. YoForex ran a backtest on EUR/USD from January 1, 2016 to December 31, 2023 using 99% tick data in a vanilla MT4 environment. Here are the key metrics:



  • Initial Balance: $3,000

  • Net Profit: $35,200

  • Gross Profit / Gross Loss: $58,000 / $22,800 (Profit Factor ≈ 2.54)

  • Total Trades (Grids Opened): 12,800

  • Max Drawdown (Relative): 8.4%

  • Win Rate: 68% (winning grids where overall grid close was positive)

  • Average Pips per Grid: 18.7 pips


As you can see, the equity curve is fairly smooth, with only one drawdown phase exceeding 6%—occurring during a high-volatility Brexit-related spike in 2016. The ATR-adaptive grid spacing kept losses minimal when the market whipsawed.


Live Account Snapshot
From January 2024 to May 2024, YoForex funded a $500 live ECN account to trade Trend Grid EA V1.0 MT4 on EUR/USD (H1 trend, M15 grid). Results over 5 months:



  • Net Growth: +21.5%

  • Max Drawdown: 7.2%

  • Total Grids Opened: 320

  • Consistency: Average monthly return ~4%, no losing month.


So yeah, the live results mirror the backtest pretty closely—around 20–25% annualized on EUR/USD with drawdowns under 8%. That’s solid, especially for a free grid-based ForexFactory EA. Keep in mind, market conditions evolve, so always demo-test for at least two weeks on your own broker account.


Installation & Setup


Ready to get Trend Grid EA V1.0 MT4 running? Follow these quick steps—takes under 5 minutes:


Download the EA



Copy Files to MT4



  • Unzip the download.

  • Move TrendGridV1.ex4 into your MT4’s MQL4/Experts folder.

  • Place the recommended .set file (e.g., TrendGrid_Default.set) into MQL4/Presets.


Launch MT4 & Refresh Navigator



  • Open MT4, go to the Navigator panel (Ctrl+N).

  • Right-click on Expert Advisors, choose Refresh. You should now see TrendGridV1 EA listed.


Attach EA to Chart



  • Open an EUR/USD H1 chart (or your preferred pair).

  • Drag TrendGridV1 EA onto it. In the popup, go to Inputs, click Load, and select TrendGrid_Default.set.

  • Ensure “Allow live trading” is checked and AutoTrading is enabled (green smiley face at top).


Adjust Inputs (Optional)



  • EMA_Fast_Period (default: 50)

  • EMA_Slow_Period (default: 200)

  • Grid_Levels (default: 5 orders)

  • Lot_Per_1000USD (default: 0.01)

  • MaxSpread (default: 2.5 pips)

  • ATR_Multiplier (default: 0.5)

  • MaxSlippage (default: 3 points)

  • MaxDrawdownPips (default: 15)


Go Live or Demo-Test


Always demo-test for 2–3 weeks before deploying on a real account. Monitor the EA’s performance during major economic news.


That’s it—Trend Grid EA V1.0 MT4 is now ready to catch trending moves with a smart grid. Expect consistent small wins as long as you respect risk settings and trade on a reputable ECN broker with low latency.


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Why YoForex Tools?


YoForex has been pumping out free, transparent EAs and indicators since 2022—long before “free EA” was a marketing gimmick. Here’s why Trend Grid EA (and all YoForex tools) stand out:


• Free Lifetime Updates
Markets shift and brokers patch MT4 builds. YoForex pushes updates to grid logic, trend filters, and risk parameters—no extra fees, indefinite access.


• Transparent Backtests & Live Reporting
We post complete backtests (no cherry-picking), plus monthly live-account reports. You see exactly how real deals execute—no smoke, no mirrors.


• Hands-On Support Community
Join over 1,000 YoForex users on our dedicated ForexFactory thread—share custom settings, ask questions, or simply brag about wins. Our developers actively chime in to troubleshoot.


• Credibility & Track Record
Since 2022, YoForex has released 15+ free EAs and 20+ indicators. All tested across multiple brokers and timeframes. We’re not a one-hit wonder—we’re here for the long haul.



Support & Disclaimer


Questions, issues, or just want to share a screenshot of your pips? Hit up our support channels:



Whether it’s input tweaks or troubleshooting broker-specific quirks, our team responds quickly. We’re here to make sure you get the most out of Trend Grid EA V1.0 MT4.


Disclaimer: Past performance does not guarantee future profits. Even though Trend Grid EA V1.0 MT4 has solid backtests and live stats, market conditions evolve. Always demo-test in your broker’s environment before going live, use proper risk management, and only trade with capital you can afford to lose.


Call to Action


Ready to ride market trends with a free grid EA that actually respects risk? Click the link below, install Trend Grid EA V1.0 MT4, and let it capture small, consistent gains—no subscriptions, no BS.


???? Download Trend Grid EA V1.0 MT4 Now!


YoForex offers unlimited free support, lifetime updates, and a vibrant user community ready to swap settings and tips. Jump in, and let’s scalp those pips together!