Snow Eagle X EA MT5

Two-pair mean reversion with an adaptive increasing-lot grid

Snow Eagle X EA MT5 trades AUDCAD and NZDCAD with an M15 mean-reversion grid. It enters against extended moves and adds increasing-lot positions if price continues adversely. An adaptive step, weighted basket take profit and lot-scaled money stop manage the sequence.

• Automatic pair settings: tested AUDCAD and NZDCAD inputs, including broker suffixes.
• Adaptive spacing: widens the grid step during greater recent volatility.
• Basket exits: weighted take profit and a money stop scaled to starting size.
• Lot calculation: fixed starting lots or 0.01 lots per chosen balance amount.
• Controls: new-grid hours, spread threshold, buy/sell directions, hedging and an open/closed-profit panel.

How the basket grows and closes

At each new M15 bar, the EA checks a stretched move and momentum before entering against it. The automatic grid holds up to 15 trades, with lot multiplication from the third trade. Spacing widens by up to 1.5 times when the latest 24-hour volatility exceeds the previous seven trading days.

A lot-weighted common take profit aims to close the basket with roughly the initial trade’s own profit target, after commission and swap. It changes the combined exit price without undoing the exposure added during the adverse move.

Growing size is the central risk. A persistent move can leave large open exposure. Allow Hedging permits buy and sell grids on the same pair; both pairs can also hit money stops in the same period. Evaluate the combined account loss.

Stops, spread checks and starting size

With Auto Settings, the source states a money stop of 150 account-currency units for each 0.01 lots of starting size: 150 at 0.01 and 300 at 0.02. Every order also carries an emergency stop 1,000 pips away. That emergency level is not a substitute for choosing a suitable basket budget.

The maximum spread check also gates the money-stop close. The developer says orders open, and the money stop closes trades, only while spread is below the chosen threshold. A wide-spread period can therefore delay the intended exit and allow losses to exceed the nominal money limit. Gaps, slippage and terminal interruptions create further execution risk.

Platform and account

MT5 on an ECN / low-spread hedging account.

Markets

AUDCAD and NZDCAD, one chart for each pair. Auto Settings recognises suffixes such as AUDCAD.fx.

Chart history

Any chart timeframe; the EA reads M15 internally and needs at least 1,000 M15 bars.

Developer’s sizing example

0.10 starting lots on each pair per 20,000 EUR when running both together, with leverage 1:20 or higher.

Continuous running

The developer recommends a VPS operating 24 hours a day, five days a week.

The sizing example corresponds to For Every X Balance = 2000. It is not a promise that the account cannot experience a larger loss. Increasing starting size scales the money stop and the later basket positions; decide size from the available balance and margin, rather than a desired profit target.

Automatic settings and manual controls

Auto Settings replaces the supported pairs’ trade, take-profit and money-stop inputs and assigns the Unique ID. When it is off, give each same-pair chart a different ID. Other symbols use untested manual inputs.

Manual inputs include signal/filter periods, step, adaptive spacing, multipliers, trade count and profit targets. Hidden exits depend on EA operation. Allow New Trades off blocks fresh grids while existing ones continue.

Max Drawdown % is disabled at 100; the money-drawdown input is disabled at zero. Check the active stop, calculation/action and spread setting together.

Historical tests and public account context

The gallery’s 2015–2025 real-tick simulation deducts commission and swaps, using fixed 0.10 starting lots per pair on a combined 20,000 EUR balance. The reported combined maximum equity drawdown is 13.9% in 2016; this is not a future loss ceiling.

The MT5 tester build calculates basket targets and money stops net of modelled commission and swap. Broker-symbol tests can differ because their data and costs differ. The author says both live editions use actual broker commission and swap.

The original gallery footers identify MT5 build 1.5, while the current listing attributes its backtests to MT5 build 1.6. The images remain historical source material; they do not demonstrate reproduction with the currently supplied build.

The yearly bars are non-compounded percentages of starting deposit, not a projected compound-growth rate.

Developer-linked public account

The Snow Eagle X public account is labelled real by MQL5 and runs on MT4. Monitoring began on 27 April 2026. On 10 October it showed 24 weeks, 137 trades, 20.17% growth and a 2.30 profit factor. Relative drawdown was 2.77% by balance and 11.38% by equity; maximum deposit load was 2.29%.

Balance was 1,201.73 EUR and equity 1,198.61 EUR. The larger historical equity drawdown than balance drawdown illustrates the floating-loss exposure of a basket system. MQL5 repeatedly records that no swaps were charged; average holding time was four days, so overnight costs on another broker can change results. This is a relatively short MT4 account sample, not proof of a future drawdown ceiling.

The MQL5 MT5 review tab showed no customer reviews on 10 October 2026. No purchaser-comment capture or imported rating is presented.

Choose MT4 or MT5 and compare grid designs

Snow Eagle X EA MT4 · Snow Eagle X EA MT5

Snow Eagle MT4 offers a broader four-pair list; Eagle MG MT4 uses different grid-level and recovery controls. Snow Eagle X is most relevant to traders who understand increasing-lot baskets and can test both execution and account-wide exposure. Forex trading can result in the loss of the account.

Developer sources checked 10 October 2026: MQL5 MT5 listing. Product features and original tests are attributed to Gianluca Guarino.

Free lifetime updates

Standalone delivery with access to your order’s delivery instructions after payment. The instructions explain the delivery and setup steps; DeliveryInformation.txt is an instructions document, not the trading executable. Free lifetime updates and email support are included.