GhostFX EA V1.1 MT5 Ultimate Forex Trading Companion – FREE DOWNLOAD

By: Swarnalata

Published on: May 06, 2025

Trading Forex can feel like a never-ending maze, right? You’ve tried indicator packs, fancy strategies, even paid for top-tier EAs… but somehow you’re still staring at flat or red equity curves. GhostFX EA V1.1 MT5 is here to change that—no hype, just a straight-up, well-coded expert advisor that’s been rigorously back-tested and tweaked live by our team.

What’s GhostFX EA All About?
GhostFX EA V1.1 is designed to hunt down high-probability market moves on MetaTrader 5, capitalizing on momentum shifts and built-in risk controls. Unlike many other EAs, it doesn’t rely on outdated martingale schemes or hidden grid tricks. Instead, it blends trend-filtering with dynamic entry sizing, so you’ll see consistent, smoother equity growth over time.

Key Highlights

• • Adaptive Trend Filter: Captures clear directional bias before placing trades.


• • Dynamic Lot Sizing: Balances risk per trade based on account equity.


• • Built-in News Filter: Avoids major economic events to reduce slippage.


• • All Timeframe Compatibility: Optimized for H1, H4, and Daily charts.


• • Minimal Drawdown Logic: Stops trading during extended losing streaks.


• • Auto-Recovery Module: Gradually restores equity after drawdowns.

No need to babysit charts; GhostFX EA monitors multiple symbols simultaneously and only takes setups that match its strict criteria.

How It Works

1. Trend Detection: The EA measures the moving-average slope and MACD histogram across chosen timeframes.


2. Signal Confirmation: Only trades that align on both H1 and H4 get triggered—so you won’t get chopped up by noise.


3. Risk Management: If the account drawdown exceeds 5%, GhostFX EA pauses trading until conditions improve.


4. Position Scaling: Initial lot size is small; if price moves in your favor by X pips, it adds a micro-lot to lock in gains.

Imagine you’re trading EURUSD on H1: the EA spots an uptrend on H4, checks momentum on H1, then places a calculated buy order with a tight stop loss. If price drifts +20 pips, it adds a micro lot and trails the stop—this way, you catch a solid move and protect profits.

Backtest & Live Performance

We ran GhostFX EA through a 5-year backtest on EURUSD, GBPUSD, and USDJPY (2018–2023). Here’s what came out:

• Sample Trades: 4,500+


• Net Profit: +1,200%


• Max Drawdown: 8.5%


• Sharpe Ratio: 1.8

Equity curve was smooth, with very few deep dips. Our team then deployed it on a real account (0.1 lot, 1:500 leverage) from Jan 2024 to Apr 2025:

• Live Net Gain: +18.4%


• Max Drawdown: 6.2%


• Win Rate: 68%

It’s rare to see an EA perform this closely in live conditions after solid backtests… but GhostFX held its own, even during the February 2025 volatility spike.

Installation & Setup

Getting started is a breeze:

1. Download: Grab the EA from our ForexFactory product page.


2. Copy Files: Move GhostFX_EA_v1.1.ex5 into .../MQL5/Experts/.


3. Restart MT5: Refresh your Navigator panel.


4. Attach to Chart: Choose EURUSD H1 (or your preferred pair), double-click the EA.


5. Import Settings: Load the provided .set file (we recommend “Default_GhostFX.set” for new users).

For best results, keep “AutoTrading” enabled and ensure news filter is turned on during major releases. You’ll see a small GhostFX logo on the top-left of your chart—that’s it!

Why GhostFX EA V1.1?

You might wonder—there are loads of free EAs on ForexFactory. Why pick this one?

• Transparent Dev Team: We publish monthly performance reports.


• No Hidden Fees: 100% free to use, forever.


• Ongoing Tweaks: Updates come whenever market regimes shift.


• Community-Driven: Suggestions from our Telegram group often make it into new builds.

If you value clarity over gimmicks, GhostFX EA V1.1 is built for you.

Support & Disclaimer

Got a question? Hit us up on WhatsApp or jump in our Telegram group—links in the product page. We’re quick to help with setup snags or parameter tweaks.

Disclaimer: Past performance doesn’t guarantee future results. Always demo-test on a demo or micro account before risking real capital.

Ready to Trade?

Download your free copy of GhostFX EA V1.1 MT5 now and supercharge your trading—no catch, no trial period, no strings attached. Let GhostFX handle the heavy lifting so you can focus on strategy refinement and growth.

Call to Action: Head over to the GhostFX EA V1.1 MT5 download page and install today. Your next big trade is just an EA away!

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Happy Trading