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Seller price Free

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Seller price: Free

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Forex Fakeout Grid1.0

Developed byOnyekachi Franklin Agbo9 EAs on record · MQL5 rating 5
Not testedGridMean reversionBreakoutFOREX MAJORS / INDICES / SYNTHETIC PAIRSM1 / H1MetaTrader 5

Seller claims

grid yes · martingale no · SL yes

EALegit summary — unaudited listing

This is a MetaTrader expert advisor for forex that attempts to detect false breakouts, where price briefly pierces support or resistance levels and reverses. It enters counter to the failed breakout and uses a grid system to add and average positions, with dynamic lot sizing, built-in stop loss and take profit, and grid scaling options. The seller describes anti-martingale lot logic for drawdown control. It is intended for forex majors, indices, and synthetic pairs on M1 to H1 timeframes.

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