Donchain Grid Zone: Automated MT5 buy-grid trading with adaptive risk control

Donchain Grid Zone review in 2026 presents an objective performance analysis based on live account data and backtests. The Donchain Grid Zone strategy is distinctive because it combines a traditional grid scaling concept with a Donchian channel midline filter, which limits trades to periods when price is in a favorable bias. This review covers trade logic, parameter behavior, and real-world performance metrics such as win rate and maximum drawdown. The algorithm operates on MT5 and is BUY-only: it defines grid zones below an entry price with progressive order counts by zone, Zone 1 equals one order, Zone 2 equals two orders, and so on through Zone 7. Orders are only opened when the price sits above the Donchian midline, which reduces exposure in adverse trends. Grid spacing adapts to volatility so that the EA increases or decreases the distance between orders based on market conditions. A dynamic stop loss trails the Donchian lower band to protect capital when trends fail. The developer, Mr Theera Mekanand, implements clear parameter sets allowing traders to adjust risk, initial lot sizes, and grid sensitivity. In practice, Donchain Grid Zone performs best in markets that exhibit mean reversion or pullback-and-recover behavior, notably major currency pairs with liquidity and clear intraday structure. The system can generate frequent small-to-moderate wins as price recovers, while larger rare losses occur when a prolonged downtrend breaks the midline and triggers dynamic stop rules. For traders on MT5, the EA offers transparent logs and trade reports to assess expectancy and volatility-adjusted position sizing. Over multiple live samples the EA shows consistent scaling behavior, with recoveries that fit its designed risk profile.