Support & Resistance Breakout Expert Advisor
Gecko is a commercial EA by Profalgo Limited (developer: Wim Schrynemakers — the same team behind Advanced Scalper and Gold Trade Pro). It trades breakouts from important recent support and resistance levels, primarily on EURUSD (H1), with additional support for GBPUSD, USDJPY and AUDUSD. Every trade has a hard stop-loss; there is no martingale or grid. On MQL5 it holds a 4.1 / 5 rating and the minimum deposit is only USD 100.
Risk Warning: Breakout strategies suffer in choppy, low-volatility markets where false breaks are common. Live performance depends heavily on broker spread — the backtested win rate may not be reproduced on a high-spread broker. Past performance does not guarantee future results.
Real buyer reviews from the MQL5 product page. Feedback is mixed.
"Wim is one of the few developers which are reliable on this site."
— MQL5 buyer review"Works exactly like the backtests. So far I have profits at the end of each of the 2 months it has been live."
— MQL5 buyer review"Support from Wim is outstanding — every question answered fast, very fast."
— MQL5 buyer review"Unfortunately it just hasn't worked for me so far. 2 months on demo has produced an 11% loss."
— MQL5 buyer review"Losing trades were too large compared to the winners and the win rate just wasn't high enough."
— MQL5 buyer review"I can't clog up my VPS waiting for it to wake up and turn a profit."
— MQL5 buyer reviewOverall Rating: 4.1 / 5 (MQL5)