Squid Grid AI v1.3 MT5 | Settings, Results & Grid Risk
$19.99
Looking for Squid Grid AI v1.3 for MetaTrader 5? This page explains its published setup, version change and public trading record so you can assess the product before buying.
This is a grid EA. Understanding how it handles a losing group of trades matters more than choosing it because the name includes AI.
Categories: Forex EA
Squid Grid AI v1.3 MT5 is a multi-market grid Expert Advisor. Review its published setup, grid risks and public account evidence before choosing it for your account.
A grid can hold several open positions. Check the total exposure and floating losses, rather than relying only on closed profits.
Source: original product information.
The launch chart and the markets traded are different things. Follow the supplied manual before adding extra chart instances: duplicate installations can create unintended exposure.
The deposit figures are setup guidance, not a guarantee that an account can absorb future losses.
Setup at a glance
| Item | Developer-published guidance |
| Markets | XAUUSD, EURUSD, EURJPY, GBPNZD, AUDCAD and USDCAD |
| Launch chart | EURUSD M5 |
| Other analysis timeframes | M5–H1, depending on the asset |
| Minimum / recommended deposit | $500 / $2,000 for the six-market setup |
| Strategy description | Mean-reversion grid; developer states no martingale |
What changed in v1.3?
The developer’s update history dates v1.3 to 13 May 2026 and identifies a minor automatic lot-size calculation fix. The preceding v1.2 added spread filtering, automatic sizing, trade comments and prop-firm settings. Check the version shown by the installed EA and test its sizing before allowing orders. Read the official update history.How the grid risk works
Mean reversion means expecting price to move back towards an earlier range or average. A market can instead continue moving in one direction for a long time. A grid may build a group of positions. Even if each individual position is small, their combined loss and margin requirement can become large. “No martingale” does not mean “no added exposure.” Several same-size positions still create more exposure than one. For a simple example, suppose a $2,000 account has $300 of open losses. Its equity would be about $1,700 before other adjustments. Closing earlier trades in profit would not remove the risk carried by those open positions. Before testing, understand the maximum open exposure, loss controls and what happens when an exit cannot execute at the intended price.AI features and connection requirements
The developer advertises AI monitoring of news, sentiment and volatility, with risk suggestions and the ability to pause or close trading. The listing directs buyers to obtain separate AI setup instructions. Do not assume that attaching the EX5 file proves the AI service is connected. Before purchase, check whether the offer provides the required access, any ongoing service cost and clear setup instructions. Before trading, verify the connection status and understand what the EA does if that connection is lost. AI monitoring cannot guarantee an exit before a sudden market move. A reassuring dashboard label is not evidence that capital is protected.Public trading evidence
The developer links SquidGRID AI Medium Risk on MQL5. At the check on 21 October 2026, the page displayed 98.41% growth, $760.86 profit and 419 trades over 37 weeks. It showed a $1,000 initial deposit, no additional deposits and $694.36 withdrawn. Relative drawdown was 23.46% by equity and 3.65% by balance. The account’s settings and continuous use of v1.3 were not independently established. This is third-party account evidence, not a ForexEATools trading account or a promise for your purchase.Why the drawdown difference matters
Balance mainly reflects completed trades and cash movements. Equity also reflects open trading profits and losses. A balance graph can therefore look calm while open positions carry substantial losses. Compare both measures before deciding whether the strategy fits your loss tolerance. The historical drawdown is not a maximum future loss. Future trading can be worse.How to read historical tests
The developer describes its historical test as an OHLC simulation for 2020–2025. Its summary attaches a “monthly” qualifier to maximum drawdown, without enough detail to interpret that label confidently. Use the complete report and exact settings before comparing those figures. Do not present them as monthly returns, an established live result or a future loss limit.
Developer-Reported Backtest Results: 2020–2025
The developer reports that a $1,000 starting balance reached $6,000 with the Medium Risk profile and $3,500 with Low Risk during historical testing. These represent total returns of 500% and 250% across the test period—not monthly returns. The published drawdown figures are labelled 24.6% “monthly” for Medium Risk and 12.3% “monthly” for Low Risk. The meaning of this measurement needs clarification from the complete test report. These figures should not be treated as maximum future losses. These are historical simulations, not results from a live trading account. Actual performance may differ because of settings, spreads, trading costs and execution conditions. A profile named “Low Risk” can still lose money. 
Broker and account checks
Having MetaTrader 5 installed does not by itself establish compatibility. Check that the broker provides the required symbols and that their names match the EA’s configuration. Confirm the supported account mode, minimum lot, lot increments, contract sizes, spread and commission. Review the complete portfolio, including other EAs on the same account. Two strategies may place similar trades even when their product names are different. Trading several markets does not guarantee independent risk. For example, several instruments in this list have exposure to the US dollar. Relationships between markets can also change.Installation and first checks
For a separately supplied EX5 package:- Extract the package.
- In MT5, select File → Open Data Folder.
- Place the EA file in MQL5 → Experts, preserving any instructed folder structure.
- Refresh Navigator → Expert Advisors.
- Open the chart specified by the release instructions.
- Attach the EA and review its lot sizing, limits and symbol settings.
- Complete the required activation and AI setup.
- Enable trading when ready, then check Experts and Journal for errors.
- Observe the intended configuration on demo before using real money.
