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Author name: Peter Jones

Peter Jones is a full-time trader, forex software developer, and founder of CheaperForex.com. With over 10 years of experience in algorithmic trading, he helps traders gain an edge using reliable EAs and strict risk control.

Logan MT5 EA Review: An Honest Look at Thierry Ouellet’s XAUUSD M15 Grid-Recovery System

Expert Advisor Reviews /

Last updated: July 2026 Logan MT5 EA is a fully automated XAUUSD (Gold) Expert Advisor for MetaTrader 5 by Thierry Ouellet, a Canadian developer, running on the M15 timeframe. It launched in mid-2026 as his first published product, backed by three public live signals across two brokers at different risk levels. Here is the thing […]

Logan MT5 EA Review: An Honest Look at Thierry Ouellet’s XAUUSD M15 Grid-Recovery System Read More »

Logan MT5 EA Logo

Logan MT5 EA

Logan MT5 EA by Thierry Ouellet is a fully automated XAUUSD (Gold) Expert Advisor for MetaTrader 5, running on the M15 timeframe. It is a selective grid-recovery system, and the developer is open about that: instead of opening trade after trade, it waits for six separate entry conditions to align, and the majority of positions close on the first entry without the recovery grid ever engaging.

When the market does move against it, additional entries use ATR-adaptive spacing rather than fixed grid steps. Capital protection comes from a configurable daily drawdown limit, maximum spread protection and session filters. Three public live signals track it across two brokers at different risk levels.

  • ✅ Selective entries, not constant trading — six conditions must align before a position opens (multi-timeframe EMA alignment, ADX trend strength, tick volume, ATR volatility range, spread check and candle momentum), so most trades close on the initial entry alone
  • ✅ ATR-adaptive recovery spacing — when recovery is needed, order distance expands or contracts with real market volatility instead of using fixed grid steps
  • ✅ Configurable daily drawdown limit — once realised plus floating losses hit your chosen percentage, the EA stops opening new positions for the rest of the day, with an option to close all trades immediately; it resets on the new trading day

A selective XAUUSD M15 grid-recovery system with real guardrails and three public live signals. Read our editorial review, which explains exactly how the recovery grid behaves, before deciding.

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Smart Gold Hunter EA MT5 Review: An Honest Look at Barbaros Bulent Kortarla’s XAUUSD Gold System

Expert Advisor Reviews /

Last updated: July 2026 Smart Gold Hunter EA is a fully automated XAUUSD (Gold) Expert Advisor for MetaTrader 5 by Barbaros Bulent Kortarla, running on the M15 timeframe. It is a defined-risk, stop-loss-based system marketed as using no grid and no martingale — and, refreshingly for this category, that claim holds up under scrutiny. It

Smart Gold Hunter EA MT5 Review: An Honest Look at Barbaros Bulent Kortarla’s XAUUSD Gold System Read More »

Smart Gold Hunter EA Logo

Smart Gold Hunter EA MT5

Smart Gold Hunter EA by Barbaros Bulent Kortarla is a fully automated XAUUSD (Gold) Expert Advisor for MetaTrader 5, running on the M15 timeframe. It is a stop-loss-based system with no grid and no martingale — a design corroborated by its public live signal, where a low deposit load and a real stop loss on every trade are visible, and by buyers who highlight its clean execution.

Its public MQL5 live signal runs on IC Markets at 1:500 leverage with an undistorted track record: a real +107% over 21 weeks with no deposits or withdrawals inflating the figure. It also carries built-in prop-firm risk controls, including a loss limit, equity protection and market-close protection.

  • ✅ Clean, undistorted live signal — a genuine +107% over 21 weeks of real-money tracking on IC Markets, with no deposits or withdrawals distorting the figure, a low 7% deposit load and a realistic 75.9% win rate
  • ✅ Real stop losses, no grid, no martingale — a defined-risk design with a hard stop on every trade, corroborated by the live account’s low exposure and by buyer feedback on its clean execution
  • ✅ Prop-firm ready — built-in loss limit, equity protection and market-close protection, shown running on a funded prop-firm account

A defined-risk XAUUSD M15 gold system with an undistorted 21-week live signal and prop-firm risk controls. Read our editorial review before deciding.

Smart Gold Hunter EA MT5 Read More »

PrismAlgo Promo Logo Image

PrismAlgo EA MT5 | 1 Account Slot

PrismAlgo EA for MT5 — our most powerful, cloud-connected trading system built for traders who are done with EAs that blow up after a few weeks. While most EA sellers hide behind fake backtests and inflated profit screenshots, PrismAlgo lets you experience our system for free. Nothing hidden. Nothing simulated.

The cloud connection means the strategy never goes stale — PrismAlgo’s servers monitor markets 24/7 and push real-time intelligence directly to your EA. When conditions change, every connected account adapts automatically.

Prop firm ready out of the box. Already passing and managing six figure funded accounts for multiple clients.

Try it free for 7 days — no card required. See the live results for yourself before committing a penny.

Choose Your Trading Mode:
Conservative
🛡️ Set & Forget
5–10%
monthly · max DD 5–15%
Aggressive
⚡ Accelerated
10–20%
monthly · max DD 15–25%

✅ MyFXBook Verified
+87.22% Gain · 0.07% Drawdown
Conservative mode · Gold ON · Bitcoin OFF
Real live account — not demo, not backtest
☁️ Never Goes Stale
Cloud-Adaptive Strategy
Every other EA runs static code until the developer updates it. PrismAlgo’s cloud sends updated instructions to your EA in real time — the strategy evolves continuously.
🏆 Prop Firm Ready
Built for Funded Accounts
Max drawdown protection · daily loss limit · news-aware filtering · no martingale, no grid. Already passing funded accounts for multiple clients. Set & Forget mode designed for prop firm compliance.
🔐
Official Cloud License
Self-service license portal — add, edit, or remove your authorized MT5 accounts anytime. No support tickets. No waiting.

Why PrismAlgo:
✔ Cloud-connected — strategy adapts in real time
✔ Fully transparent — public MyFXBook signal on a real live account, nothing hidden
✔ 28+ forex pairs + optional Gold and Bitcoin
✔ News-aware — automatically avoids dangerous events
✔ Prop firm compatible — already managing funded accounts for multiple clients
✔ 7-day free trial — full access, no credit card required
✔ 5-minute setup — drag onto one chart and the cloud handles the rest

You Receive:
✔ PrismAlgo EA MT5
✔ ☁ Cloud-Connected Multi-Account License
✔ Self-service license portal — manage your own MT5 accounts
✔ Installation guide + free setup help (Annual & Lifetime)
✔ Automatic updates via cloud — no manual downloads ever

7-day free trial included. No credit card required.
CheaperForex is an official authorized reseller for PrismAlgo.com — you receive an official cloud-connected license key.

💳 Prefer to Pay Monthly?
$99.95/month — auto-renewing, cancel anytime. Same full access, 2 MT5 accounts, cloud updates. No long-term commitment.

Subscribe Monthly →

Or choose a Free Trial, Annual, or Lifetime license from the dropdown below.

PrismAlgo EA MT5 | 1 Account Slot Read More »

Quantum Queen X EA MT5 Review: An Honest Look at Bogdan Ion Puscasu’s New Successor (2026)

Expert Advisor Reviews /

Last updated: July 2026 Quantum Queen X EA is a fully automated XAUUSD (Gold) Expert Advisor for MetaTrader 5 from Bogdan Ion Puscasu — the developer behind the Quantum range, one of the most recognised names in MQL5 gold automation. It is the successor to the original Quantum Queen, and the developer positions it as

Quantum Queen X EA MT5 Review: An Honest Look at Bogdan Ion Puscasu’s New Successor (2026) Read More »

Quantum Queen X Logo

Quantum Queen X EA MT5

Quantum Queen X EA by Bogdan Ion Puscasu is a fully automated XAUUSD (Gold) Expert Advisor for MetaTrader 5, and the successor to the original Quantum Queen. The developer positions it as building on the proven success of Quantum Queen, adding a new custom mode on top of the established engine.

It combines multiple quantitative strategies with dynamic position sizing and multi-layer risk control, running fully automated entries, exits and trade management with an average hold time of around an hour. Its evidence base is the Quantum Queen lineage — the predecessor’s public MQL5 signal has been running on real money since 2024.

  • ✅ Built on the Quantum Queen lineage — the developer positions Queen X as building on the proven success of the original Quantum Queen, whose public real-money signal has been tracked on IC Markets since 2024
  • ✅ Multi-strategy gold engine with a new custom mode — combines several quantitative strategies engineered specifically for XAUUSD, with a new custom mode added in this release
  • ✅ Dynamic risk control — dynamic position sizing and multi-layer protection, with a realistic 77.5% win rate and a genuine loss rate on the predecessor’s live record

The successor to Quantum Queen — a XAUUSD gold system from the Quantum studio with a new custom mode. Read our editorial review, which separates the lineage from what Queen X has proven itself, before deciding.

Quantum Queen X EA MT5 Read More »

My Last Strategy EA MT5 Review: An Honest Look at Inrexea Limited’s Automated MT5 System (2026)

Expert Advisor Reviews /

Last updated: July 2026 My Last Strategy EA is a fully automated Expert Advisor for MetaTrader 5 by Inrexea Limited, described by the developer as a technical, rule-based systematic strategy that trades 24/5. It is a new release, and it arrives with an unusually transparent evidence base for a new product: rather than a single

My Last Strategy EA MT5 Review: An Honest Look at Inrexea Limited’s Automated MT5 System (2026) Read More »

My Last Strategy EA MT5 Logo

My Last Strategy EA MT5

My Last Strategy EA by Inrexea Limited is a fully automated Expert Advisor for MetaTrader 5, described by the developer as a technical, rule-based systematic strategy that trades 24/5. What makes it stand out is the transparency of its evidence: the developer runs two public real-money accounts on Exness — a main live signal and a separate stress-test signal — rather than a single cherry-picked demonstration.

The main account shows a controlled risk profile (a low deposit load and a maximum drawdown around 11%), while a longer 12-week stress-test account shows the strategy pushed to a more aggressive setting. Both run at 1:1000 leverage, so it should be sized conservatively.

  • ✅ Two real-money live accounts — a main live signal plus a separate public stress-test signal, both funded with real money on Exness, giving buyers more evidence than a single account
  • ✅ Realistic win-rate distribution — around 80% winning trades with a genuine 19–20% loss rate on the live record, rather than an implausibly perfect figure
  • ✅ Controlled exposure on the main account — a low maximum deposit load and a drawdown around 11% on the primary live signal, indicating measured position sizing

A fully automated MT5 system with two public real-money live signals — read our editorial review, which separates the verifiable figures from the marketing, before deciding.

My Last Strategy EA MT5 Read More »

Adaptive Gold Scalper EA MT5 Review: An Honest Look at Fan Yang’s XAUUSD H1 Gold Scalper (2026)

Expert Advisor Reviews /

Last updated: July 2026 Adaptive Gold Scalper EA is a XAUUSD (Gold) scalping Expert Advisor for MetaTrader 5 by Fan Yang, running on the H1 timeframe. It arrived on the marketplace with something most newly released gold EAs lack: a genuinely long public live signal — roughly 18 weeks of real-money tracking on JunoMarkets —

Adaptive Gold Scalper EA MT5 Review: An Honest Look at Fan Yang’s XAUUSD H1 Gold Scalper (2026) Read More »