Grid Trader Pro is an automated trading bot designed for precision and adaptive risk management using an ATR-based grid strategy. It dynamically adjusts grid spacing according to market volatility, expanding in volatile conditions and contracting in calmer markets. The bot places buy and sell limit orders around a central price with mathematically defined take-profit levels. It features dynamic grid recentering to realign the grid during strong price trends, reducing exposure risk.
Risk control includes break-even stop-loss automation triggered at user-defined profit points and three position sizing modes: standard lots, fixed units, and percentage risk-based sizing that accounts for pip value and stop-loss distance. Safety mechanisms allow users to set maximum open positions, maximum exposure as a percentage of equity, grid boundaries, and automated position closures if prices move outside safe zones. Optional position wipes occur during grid rebuilds.
Grid Trader Pro supports dry run mode for simulation without live trades, facilitating forward testing and optimization. It was backtested on XAUUSD (gold) with a 1:500 leverage hedging account on the cTrader platform. The bot is suitable for both beginner and professional traders seeking rule-based, adaptive grid trading with advanced risk controls.