A gold grid EA that shows you its worst case first
AURAX runs a grid strategy on XAUUSD inside your own MetaTrader 5 terminal. It wins by closing baskets on retracements — and like every grid, it can lose heavily when gold runs one way. So the product is built around that second case: hard drawdown limits, entry filters, and a worst-case figure for every setting before it is applied.
How the grid trades
First position
Opens at the base lot (default 0.01) — only in the allowed direction when filters are on.
Grid levels
Each 500-point ($5.00) move against the basket adds a position, ×2 larger by default, up to 8 positions.
Basket close
When the combined profit reaches the basket target (default $3), every position in the basket closes together.
Both directions
A buy basket and a sell basket can run at the same time, each managed on its own; combined profit can close both together.
| Level | Lots | Relative size | Price moved | Lots open | Floating loss as it opens |
|---|---|---|---|---|---|
| 1 | 0.01 | $0.00 | 0.01 | — | |
| 2 | 0.02 | $5.00 | 0.03 | −$5 | |
| 3 | 0.04 | $10.00 | 0.07 | −$20 | |
| 4 | 0.08 | $15.00 | 0.15 | −$55 | |
| 5 | 0.16 | $20.00 | 0.31 | −$130 | |
| 6 | 0.32 | $25.00 | 0.63 | −$285 | |
| 7 | 0.64 | $30.00 | 1.27 | −$600 | |
| 8 | 1.28 | $35.00 | 2.55 | −$1,235 |
The defaults are a martingale grid — each level doubles — and half the exposure sits in the last level. Every one of these values can be changed, and the multiplier can be flat, applied every Nth level or a custom sequence. Grid trading vs martingale explains what that choice does.
Risk controls
| Control | What it does |
|---|---|
| Max drawdown kill switch | Closes everything and stops at 20% drawdown from the account's peak by default (or a money amount). It does not restart by itself — the next basket is your decision. |
| Daily drawdown pause | Stops new entries for the rest of the day at 5% daily loss by default; open positions are still managed. |
| Entry filters | Optional higher-timeframe trend, ADX direction and M1 spike filters that keep the grid from starting into a strong move. |
| Time filter | Two blocked windows (server time) for new entries — around rollover or scheduled releases. |
| Worst-case panel | For any settings: full-basket lots, grid span, the loss at the last level and the level at which the kill switch would fire. |
| Remote control | Pause, resume and close from the portal, with an emergency pause-and-close across accounts. |
The settings you control
| Setting | What it does | Default | Range |
|---|---|---|---|
| Base lot | Initial lot size | 0.01 | 0.01 – 100 |
| Lot multiplier | Multiplier per grid level | 2 × | 1 – 5 |
| Mult every Nth | Multiply lot every N positions | 1 | 1 – 20 |
| Grid step | Distance between grid levels | 500 pt | 10 – 10000 |
| Max positions | Max positions per basket | 8 | 1 – 100 |
| Basket profit | Close basket at this P&L (0=off) | $3 | 0 – 100000 |
| ATR grid | Use ATR-based dynamic grid step | Off | — |
| Max drawdown | Hard killswitch on account DD | 20 % | 1 – 100 |
| Daily drawdown | Soft pause on daily DD (0=off) | 5 % | 0 – 100 |
| Trend filter | Require higher-TF trend to match | Off | — |
| ADX filter | Require DI+/DI- to match entry side | Off | — |
| Pump filter | Block entries against fast M1 spikes | Off | — |
| Time filter | Block new entries during blocked hours | Off | — |
What you need
- MetaTrader 5 and a broker that offers XAUUSD on it. The EA runs in your terminal; your broker executes every order.
- A terminal that stays on: your own PC or VPS, or AURAX managed hosting. See do you need a VPS?
- A licence per MT5 account. The trial includes a demo licence, so the first run is on a demo account.
AURAX never holds your funds and cannot withdraw from your account; it trades through the terminal you run. How AURAX works shows the full architecture.
What it is not
- Not a signal service or a managed account — you run it, and you own every decision it makes on your settings.
- Not risk-free, and not a source of guaranteed income. A grid's typical result is many small wins and occasional large losses.
- Not a prediction engine. It does not forecast where gold is going; it trades a defined set of rules with defined limits.
Understand the mechanics
Grid Trading · Guide
What Is Grid Trading?
A grid strategy opens positions at fixed price intervals and closes them together at a profit target. How grids work, why they win often, how they lose, and the numbers that decide which.
6 min read
Grid Trading
How Lot Multipliers Change Grid Risk
A lot multiplier makes each grid level bigger than the last. What it does to total exposure, to the retrace needed to recover, and to the loss at depth — ×1 to ×3 compared on the same grid.
4 min read
Grid Trading
XAUUSD Grid Trading: Mechanics, Risks and Considerations
Running a grid on gold: what 100-ounce lots do to grid maths, the hours and events gold grids handle worst, costs that add up on held baskets, and how to size a gold grid from its worst case.
4 min read
Grid Trading
Grid Trading Drawdown Explained
Why a grid's floating loss grows faster the further price moves, how to compute it at any distance, why balance and equity tell different stories, and how grids are stopped before the tail.
4 min read
Risk warning. Trading gold and other leveraged products carries a high level of risk, including the possible loss of some or all of your capital. Automated strategies do not guarantee profit, and past or simulated performance is not indicative of future results. Risk disclosure.