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GoldenReceiver Fixed Grid: Automated MT5 grid trading with verified results

MT5expert

Discover GoldenReceiver Fixed Grid 2026 review with trading results: live account profits, drawdown metrics, grid settings plus performance insights now.

GoldenReceiver Fixed Grid expert advisor logo for MT5
Price
$75
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

Trading Strategy

Core approach and methodology

Algorithmic TradingIntermediate

Key Features

Powerful capabilities designed for professional trading

Popular

Fixed grid spacing of 1000 pips for predictable order placement

Key

Trailing profit exit set at 200 points to lock gains automatically

Key

Lot multiplier 1.01 scales positions conservatively over time

Compatible with MT5 cent and standard account types

Adjustable risk parameters for controlled equity drawdown management

Optimized for H1 to D1 timeframes to reduce market noise

Who Should Use GoldenReceiver Fixed Grid?

This expert advisor is designed for these trader profiles

Conservative Trader

Risk-Averse

Traders wanting automated grid exposure with conservative scaling

Ideal Trader

Recommended

Developers testing grid concepts on MT5 cent and standard accounts

Growth Seeker

Profit-Focused

Investors seeking periodic profits with defined trailing exits

Professional Trader

Expert

Experienced traders comfortable managing drawdown and position sizing

Detailed Review

This detailed review provides a structured 2026 performance analysis of GoldenReceiver Fixed Grid, combining quantitative results with an explanation of what the EA does and how it behaves in live conditions. The review considers reported account examples, risk settings, and the algorithm’s core mechanics to deliver transparent results and actionable context for traders. GoldenReceiver Fixed Grid is distinct for its use of a very large fixed grid space (1,000 pips) and a trailing profit exit set at 200 points, with a lot multiplier of 1.01. The author, Perapot Chanyuenyong, configures the EA to operate on MT5 cent and standard accounts; sample account runs show starting deposits around 100,000 THB (~3,000 USD) and final balances ranging in several examples from about 214,618 THB (~6,800 USD) to 365,185 THB (~11,650 USD). These reported results illustrate how the system can both recover and compound when market swings align with the grid structure. The algorithm works by placing spaced buy and sell orders across the grid, adding volume according to the multiplier as the market moves, and then closing clusters of orders when the trailing profit target is reached. Risk management is primarily achieved through conservative lot scaling, the trailing profit exit, and configurable equity-based thresholds. GoldenReceiver Fixed Grid typically produces low trade frequency but larger individual position strings, which translates to pronounced equity swings and occasional deep drawdowns before recovery. The Review 2026 results suggest the EA can produce compelling returns in range-bound and volatile markets while requiring attentive account sizing and monitoring.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Performance expectations for GoldenReceiver Fixed Grid center on moderate win rates with large variance in trade outcomes. Because the system opens grid sequences that are closed only when trailing profit criteria are met, individual trade win rates are less informative than sequence success; traders can expect aggregated win rates in the mid-range depending on market regime. Typical drawdown management relies on the lot multiplier (1.01) and equity-based controls; observed examples show drawdowns that can reach significant percentages before eventual recovery in favorable scenarios. Trade frequency is low to moderate, driven by 1,000 pip grid spacing, which means fewer but larger trade sequences. Minimum practical account size aligns with documented examples: around 100,000 THB (~3,000 USD) for cent accounts, with better resilience at larger balances. Timeframe considerations favor H1 to D1 charts to avoid excessive order buildup during high-frequency noise; running the EA on smaller timeframes will increase trade counts and potential drawdown.
Risk Assessment

GoldenReceiver Fixed Grid Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

25
Risk Score
Low Risk

Conservative trading strategy with capital preservation focus

Risk Level25/100
ConservativeModerateAggressive

Risk Factors Breakdown

Drawdown Risk50%

Potential equity decline during losing streaks

Leverage Risk45%

Impact of borrowed capital on position sizing

Risk Management30%

Built-in protection mechanisms and controls

Overall Risk Level

Based on historical data and strategy analysis

Low Risk

Risk Factors Breakdown

Drawdown RiskMedium

Potential equity decline during losing streaks

Leverage RiskMedium

Impact of borrowed capital on position sizing

Risk ManagementLow

Built-in protection mechanisms and controls

GoldenReceiver Fixed Grid carries a moderate to aggressive risk profile depending on account size and parameter choices. The grid approach inherently exposes positions to extended adverse moves, so stop loss usage is not per-order in the same way as single-position systems; instead the EA relies on trailing profit exits and equity thresholds to limit losses. Position sizing is conservative by design through a 1.01 lot multiplier, but cumulative exposure can grow if many grid levels are triggered. Vulnerabilities include prolonged trending moves, sharp overnight gaps, and low-liquidity spikes where grid recovery becomes difficult. Recommended minimum account size is the documented 100,000 THB (~3,000 USD) for cent accounts, with larger capital recommended to reduce relative drawdown and improve margin for recovery.

Risk Mitigation Strategies

•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide

GoldenReceiver Fixed Grid Setup Guide & Installation

Step-by-step instructions to get GoldenReceiver Fixed Grid running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install the EA by copying the GoldenReceiver Fixed Grid file into the MT5 Expert Advisors folder and restarting the terminal. Attach the EA to the desired currency pair chart and enable automated trading in MT5. Key parameters to configure include GridSpace at 1000 pips, TrailingProfit at 200 points, and LotMultiplier at 1.01; confirm account type is set to cent or standard accordingly. Use brokers that support MT5, hedging, and have stable liquidity with low spreads to reduce slippage. Optimal chart timeframes are H1 through D1. Backtest across multiple years and run a forward demo for at least three months before deploying live.

Prerequisites Checklist

MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size

Complete Installation Instructions

Install the EA by copying the GoldenReceiver Fixed Grid file into the MT5 Expert Advisors folder and restarting the terminal. Attach the EA to the desired currency pair chart and enable automated trading in MT5. Key parameters to configure include GridSpace at 1000 pips, TrailingProfit at 200 points, and LotMultiplier at 1.01; confirm account type is set to cent or standard accordingly. Use brokers that support MT5, hedging, and have stable liquidity with low spreads to reduce slippage. Optimal chart timeframes are H1 through D1. Backtest across multiple years and run a forward demo for at least three months before deploying live.

Ready to Install?

Download GoldenReceiver Fixed Grid from the MQL5 Market

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Developed by Perapot Chanyuenyong

Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.

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Original MQL5 Product

GoldenReceiver Fixed Grid is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.

View on MQL5.com
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