Gecko EA

S/R breakout EA · EURUSD GBPUSD USDJPY AUDUSD · H1 · No grid/martingale · MT4/MT5

About Gecko EA

The Gecko EA is an automated breakout trading system for MetaTrader 4 and MT5, available on the MQL5 Market (product/49052), developed by Wim Schryvers of Profalgo Limited. It runs a simple yet proven strategy: identifying important recent support and resistance levels and trading the breakouts through unique, advanced entry and exit calculations.

The EA trades EURUSD, GBPUSD, USDJPY, and AUDUSD on the H1 timeframe, with a strict stop-loss on every position and no grid, martingale, or other risky averaging techniques — it is also not a scalper. Historical backtests spanning 2012–2020 with 99.90% modelling quality demonstrated 58–320% total returns with maximum drawdown kept below 2.65%, using conservative fixed lot sizing across 8+ years and multiple market cycles.

Platform: MetaTrader 4 & MT5
Pairs: EURUSD, GBPUSD, USDJPY, AUDUSD
Timeframe: H1
Strategy: S/R breakout trading — no grid, martingale, or scalping
Backtest quality: 99.90% modelling, 2012-2020, 58-320% returns, <2.65% max drawdown
Min deposit: $100
Developer: Wim Schryvers (Profalgo Limited)
Source: mql5.com/en/market/product/49052

Key Features

✓ No grid, martingale, or scalping — clean, transparent risk structure

✓ 99.90% modelling quality backtests — one of the highest-fidelity historical validations available

✓ Extremely low drawdown — under 2.65% across 8+ years of tested history

✓ Not spread/slippage sensitive — designed to remain robust across varying broker execution conditions

✓ 4-pair coverage on H1 — diversified breakout exposure without overtrading

⚠ Breakout systems can face false breaks in choppy conditions — strict stop-loss discipline is essential and already built in

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