CodedPips Grinder EA V1.0 MT5 Free Precision Scalper – FREE DOWNLOAD
By: Swarnalata
Published on: May 09, 2025
Introduction
Sick of shelling out monthly fees for under-performing EAs? What if I told you there’s a zero-cost solution waiting on ForexFactory.cc…powered by YoForex? The CodedPips Grinder EA V1.0 MT5 is exactly that—100% free, fully tested, and ready to grind pips for you. Imagine a scalping powerhouse designed for MetaTrader 5, optimized on popular pairs like EUR/USD, GBP/USD, USD/JPY, and all wrapped up in a neat package that you can install in minutes. No hidden fees, no martingale; just pure grinding action.
You’ll love that this EA runs seamlessly on M15 and M30 charts, kicking off trades when volatility spikes then locking in profits swiftly. And hey, with just a $200 minimum deposit needed to get started, even small accounts can ride the wave. So let’s dive in…you won’t believe it until you try it.
Overview
The CodedPips Grinder EA V1.0 MT5 is a no-nonsense, free Expert Advisor for MT5 traders who crave precision and speed. Built by YoForex’s in-house quant team, it uses a blend of trend-following filters and micro-scalping algorithms to spot tiny price inefficiencies.
- Currency Pairs: Primarily optimized for EUR/USD, GBP/USD, USD/JPY (works on any major pair).
- Timeframes: Best on M15 and M30; throttle trades to avoid noise.
- Minimum Deposit: $200.
- Strategy: Combines adaptive trend detection with tight stop-loss and take-profit levels.
Every line of code has been back-tested across five years of tick data—and then stress-tested live by our YoForex trading desk. It’s transparent, robust, and completely free to download from the official ForexFactory thread. Ready to see those micro-profits add up? Let’s peek under the hood.
Key Features
• 1–2% daily pip targets (scalping mode)
• Maximum drawdown < 5% on optimized pairs
• No martingale or grid—strict money management
• Fully compatible with all MT5 brokers
• Works on multiple chart timeframes (M15/M30)
• Built-in volatility filter to avoid news spikes
• Auto-adjusting lot sizes based on account balance
• Customizable risk per trade (0.5–2%)
• Low footprint—minimal CPU usage
• 100% non-repaint indicators
• Free lifetime updates via YoForex
• Easy one-click installation
Backtest Proof & Live Performance
We ran the CodedPips Grinder EA V1.0 MT5 through a five-year backtest (Jan 2018–Dec 2022) on EUR/USD with 99% tick-level data. Sample size: 2,400 round-trip trades. The equity curve stayed impressively smooth—with a compounded annual growth rate (CAGR) of 38%.
Backtest equity curve for CodedPips Grinder EA V1.0 MT5
On the risk-reward side, the EA maintained an average win/loss ratio of 1.2:1, with a maximum drawdown hovering around 4.7%.
Risk vs reward for CodedPips Grinder EA V1.0 MT5
Live-account stats, collected by YoForex’s own MT5 server, mirror these results closely. Over a three-month demo (Mar-May 2025), the EA booked 45 positive sessions out of 60, netting 4.1% monthly on average. Not bad for a free tool, right?
Installation & Setup
Ready to fire it up? Here’s the 3-step drill:
- Download the EA from its ForexFactory.cc thread:
Download CodedPips Grinder EA V1.0 MT5 for free - Copy the
CodedPipsGrinder.ex5file to your MT5 folder:MQL5/Experts/ - Restart MT5, then drag-and-drop the EA onto an M15 chart.
- Import the recommended settings:
- Risk per trade: 1%
- Max spread: 3 pips
- Slippage: 2 pips
Want a visual? Snap a shot of your MT5 Navigator panel after you add the EA—it should look something like this:
(Insert annotated screenshot of MT5 Navigator panel showing CodedPips Grinder EA)
That’s it—you’re live.
Why YoForex-Powered Tools?
YoForex Corp isn’t just another EA developer; we’re a trading tech firm with 25+ engineers and analysts. When we say free, we mean it—no upsells, no subscriptions. You get:
- Free lifetime updates whenever the strategy improves.
- Ongoing optimizations from our live-trading desk.
- Transparent performance: all backtests and live stats are public.
Check out our About Us page or browse the Newest EAs section on ForexFactory.cc to see what else we’ve built.
Support & Disclaimer
Got issues? Hit up our support squad on WhatsApp or Telegram—day or night:
- WhatsApp: https://wa.me/+443300272265
- Telegram: https://t.me/yoforexrobot
Disclaimer: Past performance isn’t a guarantee of future results. Always demo-test any EA before going live. Trading involves risk; never risk more than you can afford to lose.
Call to Action
So, what are you waiting for? Download your free copy of CodedPips Grinder EA V1.0 MT5 now—no strings attached! Head over to ForexFactory.cc, install the EA, and start grinding pips today. Remember: unlimited free support via YoForex’s WhatsApp and Telegram channels. Let’s crush those micro-moves together!
YoForex—empowering traders worldwide, one free tool at a time.
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