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Name: Xgrid Scalper MT5
Version: Latest version
Developer by: Prafull Manohar Nikam
The Right Platform: Meta Trader 5 (MT5)
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Xgrid Scalper MT5 is an Expert Advisor (EA) is specifically designed for trading accounts with a minimum capital of $10,000 and operates on the EURUSD pair with the H1 timeframe. It is a simple Grid trading system based on the ADX (Average Directional Movement Index) indicator to assess market volatility and identify entry points. The EA runs fully automated with a high win rate, ideal for traders looking to maximize price fluctuations under any market conditions.
Grid Order System: Automatically places pending orders based on grid spacing to capitalize on price movements.
ADX Indicator Integration: Utilizes an advanced ADX indicator to accurately detect market volatility and trends.
Optional Martingale: Martingale strategy can be enabled or disabled according to risk management preferences.
Automatic Trade Closure at Fixed Profit: Trades close automatically upon reaching a predetermined fixed profit amount, protecting capital and locking in gains.
Fully Automated Operation: Once risk parameters are set, the EA handles all trading processes without manual intervention.
Controlled Low to Moderate Drawdown: Manages drawdowns to minimize risk and preserve capital.
Simple Input Interface: Minimal and user-friendly parameter settings for easy customization.
Free Margin Sensitive: The EA only operates when sufficient free margin is available, reducing the risk of margin calls.
High Win Rate: Optimized for strong long-term trading performance.
Safe for Larger Accounts: Designed specifically for accounts with a minimum of $10,000, helping to avoid account blowouts.
Maximized Profit Through Grid System: Efficiently exploits market fluctuations by automatically placing grid orders and closing trades at profitable levels.
Convenience of Full Automation: Saves time and effort by automating market analysis and trade execution using ADX signals.
Flexible Risk Control: Allows traders to adjust Martingale and risk settings according to their risk tolerance.
Effective in All Market Conditions: The ADX indicator helps the EA perform well whether the market is trending or consolidating.
Easy to Use: Simple setup suitable for both beginners and experienced traders.
Prevents Margin Calls: Operates only when free margin is sufficient, protecting the account from forced liquidation.
The Xgrid Scalper MT5 demonstrates steady performance on the EURUSD pair using a combination of the ADX indicator and grid trading strategies. Over the backtest period on the H1 timeframe (from January 1, 2023, to November 15, 2023), it effectively balances risk and reward with a clear and structured trading approach.
This confirms its potential as a reliable Expert Advisor for traders looking for systematic scalping with disciplined risk management and automated trade execution.
Backtest Summary (EURUSD – MetaTrader 5)
Initial Deposit: $10,000
Total Net Profit: $1,595.00
Profit Factor: 2.14
Win Rate: 72.12%
Max Balance Drawdown: 194.50 (1.73%)
The EA achieves a healthy win rate of over 72%, indicating consistent profitability. Its profit factor above 2 means it generates over twice the profits compared to losses. The maximum balance drawdown remains low at 1.73%, reflecting effective risk control and capital preservation. The use of ADX for volatility filtering combined with grid-based order management helps the EA navigate varying market conditions smoothly.
Name | Fit |
---|---|
Trading platform | Meta Trader 5 (MT5) |
Time frames | H1 |
Currency pairs | EURUSD |
Min / Recommended deposit | $10000 / $20000 |
Min / Recommended leverage | 1:500 |
VPS | Optional, for uninterrupted advisor operation. |
🤗WISH YOU SUCCESSFUL TRADING🤗
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