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Seller price: $60
Submit source if you own this EAView on MQL5 ↗Averaging Phoenix MT51.0
Seller claims
grid yes · martingale yes · SL yes
EALegit summary — unaudited listing
Averaging Phoenix MT5 is a grid averaging expert advisor for MetaTrader 4 and 5, optimized for XAUUSD (gold) but usable on other symbols. It opens an initial position and, if price moves against it, adds orders at a defined grid step (in points or percent), optionally increasing volume via a martingale multiplier (which can be disabled by setting it to 1). The entire basket is closed at a single take profit level offset from the average entry price, and risk is managed through an enabled-by-default virtual equity stop loss, classic and dynamic trailing stops, an initial stop loss distance, a max spread filter, and a trading session filter. The seller recommends an H1 timeframe (though any works), ECN/RAW hedging or netting accounts, and provides no statements about limited copies or future price increases.
Lab results
No lab results. The seller's backtest has not been reproduced.