Directional gold grid with multiple rounds system

I have this idea of a grid system where the EA keeps track of the break even for a round of trades, and eventually running multiple rounds with some leverage.
Basically this
Round 1
Buy every time the price goes down by one grid level.
Sell every time the price moves up a grid level.
Keep track of the break even price where the realized profit or loss is used to calculate a break even price.
When the break even price is lower than x percent of the current price, place a stop loss at break even. Continue doing grid trading for round 1 and move the stop loss every time the break even price changes(every time a trade for round 1 is placed).

After a stop loss for round 1 has been placed, Round 2 could also be started, doing exactly the same. The goal would be to have multiple rounds going with some leverage while also removing some risk by placing stop losses at break even.

What do you think? I guess it would be easy enough for a good programmer to make. I am currently doing something similar with crypto manually.

Absolutely! This is a solid idea—great way to manage risk while utilizing leverage. Thanks for stopping by!

It fits your name and will work as long as you don't experience a strong trend against you. In which case an automated solution will crash your account. To mitigate that risk you have to define an over-all SL condition to stop adding positions under specific circumstances and to accept the loss.

With an over-all SL your approach becomes a standard setup which must be tested thourougly to make sure settings are profitable. Difficult, imho. However, you can trade it manually because manually you can estimate whether the market is in a state for a sudden trend against you or not.

Conclusion: I would say the only way to trade such a grid profitably is manual/discretionary. Automation will crash your account, it's just a question of time.
So, look for a trade manager EA with entry management to simplify your manual approach. Don't look for full automation.