Grid Expert Advisor for MT4 With a 16-Year Backtest

A grid expert advisor for MT4 that publishes its worst day next to its best year. Kestrel EA opens from its own signal, adds to the basket in small, capped steps when price moves against it, and closes the whole basket together at its target; until the basket closes, the loss is floating. Eleven simulated records are published — four pairs in two variants each, plus three combined portfolios — and every one carries its own window and its own worst day, down to −€2,788 on 21 August 2024 for EURUSD Patient.

See pricing and licence levels

  • 11 records Eight pair records — four pairs, Patient and Active — plus the K3, K1 and Full portfolios (simulated)
  • 4 pairs EURUSD, GBPUSD, EURCAD and AUDCAD, combined 1 to 4 per account
  • −€2,788 Worst floating loss, EURUSD Patient at Horizon level, 21 August 2024 (simulated)
  • €8,500 Recommended capital for the smallest published record, at Horizon level
  • 3 levels Horizon, Summit and Zenith: same rules, starting lot ×1, ×5 and ×10
  • Sep 2026 Forward test running on demo accounts since then
The six published Kestrel portfolios side by side, each as a percent of the capital we recommend for it
The published portfolios side by side, each as a percent of the capital we recommend for it, simulated on Dukascopy data at Horizon level. EURUSD and AUDCAD run to September 2026 with the 2026 months on a different data feed, GBPUSD to December 2025, EURCAD from January 2014. Simulated, not a real account.

What Kestrel is, in 60 seconds

Kestrel is software: a single compiled .ex4 file, plus a .set file for each chart you run. You install both yourself in your own MetaTrader 4 terminal, at your own broker — usually on a VPS so the terminal stays online. From then on the file trades that terminal on its own, from its own signal. You keep the account, the broker and the money at every point; nobody else ever has access to either. The tables below are the published record of what that file did in simulation and on two demo accounts running forward since September 2026 — read them before you buy, because that record is what you are buying.

What you can choose

  • Pairs: EURUSD, GBPUSD, EURCAD and AUDCAD — choose your pairs, one to four, then Patient, Active or both for each.
  • Variant: Patient adds to a basket less often and holds a smaller worst case; Active adds more often, returned more in the backtest and reached a larger worst case. Same rules, same basket close.
  • Published portfolios: K3 (AUDCAD Patient + EURUSD Patient), K1 (AUDCAD Active + EURUSD Patient), Full portfolio (all three).
  • Level, by recommended capital: Horizon (0.01 starting lot) €999 a year, Summit (×5) €4,999, Zenith (×10) €9,999, VAT included. Same rules; only the size changes.

Not sure which combination fits your capital before reading the whole record below? Build it directly in the Kestrel Portfolio Calculator and see the recommended capital in one step, instead of cross-referencing the tables.

The record, all of it

Eleven records are published, all simulated on Dukascopy data: the four pairs in both variants — EURUSD and AUDCAD running to September 2026 with the 2026 months on a different feed, GBPUSD to December 2025, EURCAD from January 2014 — plus the K3, K1 and Full portfolios.

Each record carries its return, its worst floating loss with its date and the capital we recommend, sorted here by that capital. Returns run from +128% (EURCAD Active) to +429% (AUDCAD Active) of the capital we recommend for each; the family’s worst floating loss was −€6,165 on 4 March 2016, in the Full portfolio, at fixed exchange rates.

RecordPeriodReturnYearly, on that capitalWorst floating lossCapital we recommend
EURUSD Patient2010 – Sep 2026+309% of €8,50018.5%−€2,788, 21 Aug 2024€8,500
EURCAD Patient2014–2025+144% of €10,30012.0%−€3,408, 13 Mar 2017€10,300
GBPUSD Patient2010–2025+257% of €11,70016.0%−€3,885, 14 Nov 2024€11,700
AUDCAD Patient2010 – Sep 2026+243% of €14,00014.6%−€3,703, 22 Oct 2012€14,000
EURUSD Active2010 – Sep 2026+297% of €14,90017.8%−€4,946, 18 May 2017€14,900
EURCAD Active2014–2025+128% of €17,70010.6%−€5,887, 13 Mar 2017€17,700
AUDCAD Active2010 – Sep 2026+429% of €20,30025.7%−€4,699, 13 Feb 2011€20,300
GBPUSD Active2010–2025+251% of €21,40015.7%−€7,122, 31 Jul 2020€21,400
K32010 – Sep 2026+268% of €22,50016.0%−€3,704, 22 Oct 2012€22,500
K12010 – Sep 2026+393% of €28,80023.5%−€4,701, 14 Feb 2011€28,800
Full portfolio2010 – Sep 2026+344% of €42,80020.6%−€6,165, 4 Mar 2016€42,800

Simulated on Dukascopy data, Horizon level, euros at fixed rates; every row states its own window. For a single record the capital we recommend is three times its measured worst case; for a portfolio, the recommendations of its records added up.

Every combination of pairs and variants, with the capital each one recommends: Kestrel Pair Combinations: What Fits Your Capital — or build your own set in the Kestrel Portfolio Calculator: Build Your Set and See the Capital. Simulated, not a real account, and a worse episode remains possible — so capital is sized on the worst case. Method and per-year detail: Kestrel Expert Advisor Performance and Results.

Why Kestrel

Like the kestrel that hangs still in the wind before it strikes, Kestrel EA waits, holds and closes the basket once.

  • The worst case is printed next to the gain, with its date, on every page.
  • Seventeen of seventeen years closed positive in the EURUSD Patient record (2010 to September 2026, simulated) — and the same page still shows the day it floated −€2,788.
  • We sell software; your account, your broker and your money stay with you. The catalogue: Kestrel Expert Advisors for MT4. Next to the competition: Forex Robot Comparison: Kestrel and the Alternatives.

Kestrel hovering still over a coastal grassland at dawn

How Kestrel behaves

Hover. Hold. Strike.

  • Hover

    Kestrel does not chase price. It waits for its own signal and stays calm while the market moves against it.

  • Hold

    It adds to the basket in small, capped steps and keeps the exposure inside a measured worst case instead of closing at a loss.

  • Strike

    It closes the whole basket together, once, when its target arrives.

Three levels, one set of rules

  • Kestrel Horizon software box

    Kestrel Horizon

    €999

    per year, VAT included

    Lot
    Starting lot 0.01 (×1)
    Capital (recommended)
    Recommended from €8,500 for one record to €118,800 for all eight, sized conservatively
    For
    One account, one to four pairs, the recommended capital of a single Horizon set
    See pricing and licence levels
  • Kestrel Summit software box

    Kestrel Summit

    €4,999

    per year, VAT included

    Lot
    Starting lot 0.05 (×5)
    Capital (recommended)
    Recommended from €42,500 for one record to €594,000 for all eight, sized conservatively
    For
    Larger accounts that want the same rules at five times the size
    See pricing and licence levels
  • Kestrel Zenith software box

    Kestrel Zenith

    €9,999

    per year, VAT included

    Lot
    Starting lot 0.10 (×10)
    Capital (recommended)
    Recommended from €85,000 for one record to €1,188,000 for all eight, sized conservatively
    For
    The largest accounts and allocations, ten times the Horizon size
    See pricing and licence levels

How it works in five steps

  1. Choose pairs and level

    Pick one to four pairs and, for each, Patient, Active or both; then the level whose recommended capital matches your account.

  2. Buy the annual licence

    Horizon, Summit or Zenith, one year, VAT included; you keep your account, your broker and your money.

  3. Install on MT4

    Copy the expert advisor into your terminal on a VPS, enable automated trading and attach it to each chart.

  4. Load the set file

    Each portfolio and level ships as its own set file; load it and the robot trades your account, at your broker.

  5. Read the record

    Every figure on this site carries its date, feed and period; the worst case is on the same page as the gains.

Product summary

Product
Kestrel EA v2.2, grid expert advisor
Platform
MetaTrader 4, hedging account, any broker
Pairs offered
EURUSD, GBPUSD, EURCAD, AUDCAD — choose 1 to 4; for each, Patient, Active or both
Published backtests
All four pairs in both variants, plus the K3, K1 and Full portfolios; every record states its own period
Variants and portfolios
Patient and Active; portfolios K3, K1 and Full portfolio
Licence levels
Horizon (0.01 starting lot), Summit (×5), Zenith (×10)
Recommended capital
From €8,500 (EURUSD Patient, Horizon) to €118,800 for all eight records, sized conservatively; full table per combination and level
Stop loss
None: baskets close together at a shared target; open loss is floating
Set files
One per chart: pair and variant, for the level you licence
Runs on
A VPS, 24/5, so the terminal never goes offline
Forward test
Two demo accounts since September 2026
Price
€999, €4,999 or €9,999 per year, VAT included
Activations
One MetaTrader 4 account per licence, for twelve months; no split across several accounts
Updates and support
Free updates while the licence is active; email support; private client group

What every licence includes

What is included

  • The Kestrel EA file for MetaTrader 4
  • Set files for the four pairs, Patient and Active, at the level you licence (one per chart)
  • Free updates for as long as the licence is active
  • A private Telegram group for clients
  • Email support at info@gridexpertadvisor.com
  • The capital and risk table per portfolio and level

What is not included

  • We never manage funds: you keep your account, your broker and your money
  • No signal, no copy trading, no guaranteed return

Frequently asked questions

What does a grid expert advisor do differently?

It works on baskets rather than isolated trades, so its risk shows up as floating loss instead of closed losing trades. This site publishes that floating loss with its date for every record.

Which pairs does Kestrel trade on MetaTrader 4?

EURUSD, GBPUSD, EURCAD and AUDCAD — choose your pairs, one to four in the same account, then Patient, Active or both for each. Published records cover all four pairs in both variants, plus the K3, K1 and Full portfolios.

Has Kestrel run on a real account?

No. It has run on two demo accounts since September 2026, a forward test on demo. Everything else on this site is historical simulation.

See pricing and licence levels

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