A grid manager with hard limits, not an autopilot

Atlas Grid Manager is a MetaTrader 5 utility for traders who use grid or averaging techniques deliberately and want the terminal to enforce the limits they have already decided on. It does not pick direction. You choose the symbol, the direction and the anchor price; Atlas places the pending orders at your chosen spacing, tracks the combined basket, and closes everything at a target or at a hard stop that you cannot forget to set because the panel refuses to start without one.

Building a grid

From the chart panel you set the direction, the spacing between levels in points or as an ATR multiple, the number of levels, the lot size for each level and whether lots stay constant or increase by a fixed step. Atlas shows the total exposure and the worst-case loss at the basket stop before you press Start, and it blocks the grid if the worst-case loss exceeds the percentage of equity you have allowed. Pending orders are placed as limit orders in the direction of your anchor; Atlas does not place both buy and sell grids at once.

Managing the basket

Once orders start filling, the panel displays the basket's average price, floating profit and distance to both the basket target and the basket stop. The target can be a fixed amount in account currency, a percentage of balance, or a price level; the stop is always a price level plus an equity-based emergency close that fires if slippage carries the basket beyond the planned loss. Atlas can trail the basket target once the basket is in profit, and it can remove unfilled levels when the basket reaches half its target so a late reversal does not add exposure.

Restarts and other Expert Advisors

Atlas saves its state to the terminal's files folder after every change and rebuilds the panel on restart, reattaching to existing orders by magic number. It only manages orders carrying its own magic number, so other Expert Advisors on the same account are untouched. A one-click Flatten button closes the basket and deletes pending levels at market, and a global Pause stops new levels from being placed without touching open positions.

Delivered files

The archive contains AtlasGridManager.ex5, three example grid templates (tight, standard and wide spacing) saved as panel profiles, and a PDF that walks through a full grid life cycle on a demo account, including what happens when the stop is hit. Updates are included for the lifetime of the product.

Why the limits matter

Grid strategies fail when exposure grows faster than the trader intended in a one-way market. Atlas is built so that the maximum loss is visible and fixed before the first order is placed. It cannot make a grid profitable, and it does not prevent a stop from being hit at a worse price during a gap. The demo record below shows a sample of grids run on a demo account with the standard template; it is labelled as sample data and describes the utility's behaviour, not an expected return.

• MetaTrader 5 build 4410 or later on a hedging account; netting accounts are supported for single-direction grids only.
• Any symbol with limit orders permitted and a minimum stop distance small enough for your chosen spacing.
• Recommended balance depends entirely on your grid settings; the panel shows the worst-case loss for the chosen configuration.
• Terminal running continuously; a VPS is recommended so the basket stop is always supervised.

1. Download and extract the archive from your account.
2. In MetaTrader 5 open File > Open Data Folder and copy AtlasGridManager.ex5 into MQL5/Experts.
3. Copy the profiles folder into MQL5/Files/AtlasGrid.
4. Restart the terminal so the utility appears under Expert Advisors in the Navigator.
5. Enable Algo Trading on the toolbar and allow automated trading in Tools > Options > Expert Advisors.
6. Open the chart of the symbol you intend to grid and drag AtlasGridManager onto it, ticking Allow Algo Trading.
7. Enter your license email in the inputs; the panel appears on the chart.
8. Load a template, review the worst-case loss shown at the bottom of the panel and press Start only when you have set a basket stop.