What's included
- Installation guideStep-by-step PDF with screenshots
- Optimised presetsReady-to-use configuration files
- Future updatesIncluded free when we receive them
- Unlimited activationsUse it on as many terminals as you like
What our customers say
Selected Trustpilot feedback about CheaperForex support, setup and service.
Philosopher EA MT5
Philosopher EA MT5 combines selectable XAUUSD strategies with basket recovery and the Agora dashboard. It suits gold traders who want to configure their entry mix and monitor combined exposure.
- 22 available gold strategy models with broker presets.
- Position sizing, news pauses and drawdown actions.
- Progressive grid recovery with visible basket exposure.
Original price was: $299.00.$169.95Current price is: $169.95.
- Instant download from your account the moment checkout completes. The files stay in your customer portal.
- Official version, with future updates included free when we receive them. You never pay twice for the same product.
- 7-day money-back guarantee if it fails to install or run. Setup help by email whenever you need it.
What's included
- Installation guideStep-by-step PDF with screenshots
- Optimised presetsReady-to-use configuration files
- Future updatesIncluded free when we receive them
- Unlimited activationsUse it on as many terminals as you like
Philosopher EA MT5 trades XAUUSD with 22 selectable strategy models and a shared basket-recovery system. We see its strongest fit as an MT5 gold trader who wants to choose the entry mix and supervise combined exposure from the Agora dashboard. Buy it from CheaperForex as a latest-version standalone file, with installation help by email and future updates included when we receive them.
Read our full Philosopher EA MT5 review
Choose the gold strategies you want to run
The available models cover trend, pullback, breakout and session-based entries, with tick-activity and VWAP references in relevant calculations. A broker preset chooses a selection; Custom mode lets you choose individual strategies. The 22-model total therefore does not mean every strategy must trade at once.
- Position sizing: select from five profiles, fixed lots or custom balance scaling.
- Basket management: ATR-based order spacing, progressive recovery sizing and optional hedging.
- Account controls: overall and daily drawdown actions, margin checks and spread limits.
- News handling: USD-event pauses with status information on the dashboard.
The practical benefit is being able to compare an active strategy selection with its resulting exposure. Start your evaluation with the intended broker preset, then inspect simultaneous baskets, order volumes and margin use before expanding that selection.
Check the fit for your MT5 account
- Market and platform
- XAUUSD / gold on MetaTrader 5. This is the MT5 edition.
- Broker configuration
- Match the preset, account currency, gold symbol and permitted position mode to your account.
- Chart setup
- The public overview does not specify one mandatory timeframe; confirm the chart settings and broker preset for your account before trading.
- News connection
- Check the platform’s authorized WebRequest settings and the panel’s event coverage and feed status.
- Account sizing
- Check actual order volume, especially when changing between standard and cent accounts.
Philosopher supports attached gold symbols with broker prefixes or suffixes. Its news system can use an MQL5 calendar fallback. When current news coverage is unavailable, its documented safeguard pauses new entries and additional grid or hedge exposure while leaving exits enabled.
What matters when choosing your settings
This is a grid-recovery EA with increasing order sizes. The five-position main-basket limit applies per directional strategy, rather than across the entire account; hedges and other strategy baskets can add exposure. Test the chosen sizing and drawdown action on demo first, including whether trading continues after a drawdown event.
The public account lets you inspect trading activity alongside those controls. Our review examines its short visible history, trade statistics and the discrepancies in older promotional test graphics.
Your CheaperForex purchase
You receive the latest-version standalone MT5 offer. Your account download provides the delivery instructions to follow after purchase. Installation help is available by email, and future updates are included free when we receive them.
7-day money-back guarantee. If the EA fails to attach to your chart because of errors we can replicate, you get a full refund. Trading results are not covered.
Verify it yourself
- Developer source: Philosopher features on MQL5.
- Public trading account: Philosopher results on ShowMyTrades.
FAQs
Does Philosopher use grid or increasing recovery lots?
Yes. The developer describes basket recovery with ATR-based spacing and a 1.5-times size progression, subject to caps and broker lot increments. This is a recovery strategy and should be evaluated accordingly.
Are all 22 strategies active at once?
No. The available models and the enabled models are different. Broker presets choose a selection, while Custom mode allows individual strategy choices. Check the active list and combined exposure on the dashboard.
Does the five-position limit apply to the entire account?
No. It applies to each directional strategy’s main basket, including its first entry. Conditional hedges and separate strategy baskets can add positions beyond that count.
Where can I inspect the public trading results?
The developer links to Philosopher on ShowMyTrades. Our review explains the dated statistics and the limits of the short trading sample.
Is this the latest version as a standalone file?
Yes. This offer supplies the latest-version standalone MT5 file. Your order provides the delivery instructions to follow after purchase.
Pre-Purchase FAQs
Are updates always free?
Yes, all updates are completely free—you'll never pay twice.
We receive updates from developers and upload them to your account when they're available. Please be patient, as we're managing hundreds of products at discounted prices. More popular products are updated more frequently.
All versions are stored in your account for easy access.
What's your refund policy?
We offer a 7-day technical guarantee. If the EA fails to attach to your chart due to verified errors we can replicate, we'll issue a full refund.
However, we cannot refund based on trading performance or profit expectations—forex markets are unpredictable, and results vary by broker, spread, and market conditions. We provide tools, not guarantees.
I need assistance installing this?
Yes, we'd be happy to assist you!
We can advise you on the best settings for your account or create custom presets tailored to your needs. Additionally, we offer a one-time free installation service using AnyDesk for remote setup.
Please note, however, that we cannot provide advice on how to make money with any of our products.
Can I use this on multiple accounts?
Absolutely. Once you purchase, the EA is yours to use on unlimited live and demo accounts—no restrictions.
You can run it on multiple brokers, VPS servers, or trading accounts simultaneously.
There are no license limits or activation keys. Buy once, use everywhere.
How do I download after payment?
After successful payment, your product will be available for download instantly:
- Displayed on the screen immediately after checkout
- Emailed to the address you provided during purchase
- Stored in your account if you created one at checkout
In rare cases (about 1% of high-value premium products), orders may be held for manual review to prevent fraud. If you don't see a download link, contact us for assistance.
Is this an original product?
Yes, absolutely.
We do not sell fake products, and our customer reviews, along with our pricing, reflect the quality and authenticity of what we offer.
Why Traders Trust Us
Reviewed by Our Trader
Peter Jones
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