Scrappy EA V1.5 MT4 – GBPUSD M5 EA with Daily Trade Logic


Introduction


Scalping can be exciting but also dangerous if done without discipline. Too many traders fall into the trap of overtrading, taking dozens of low-quality trades per day and blowing accounts.


The Scrappy EA V1.5 MT4 was designed to solve this. Built by YoForex, it trades the GBPUSD pair on the M5 timeframe, but only once per day — ensuring quality entries, reduced noise, and no over-exposure.


With risk management built in and a minimum deposit of just $100, Scrappy EA is perfect for traders who want steady results without complexity. And it’s available 100% free at ForexFactory.cc.


Overview


The Scrappy EA V1.5 MT4 is a scalping-style bot optimized for GBPUSD. Unlike typical scalpers that take dozens of trades, Scrappy EA waits for a high-probability setup and opens just one position per day.


Core Strategy Highlights:



  • Focused on GBPUSD volatility.

  • Optimized for M5 timeframe.

  • Integrated Stop Loss & Take Profit settings.

  • Strategy based on long-standing institutional principles.


Pair: GBPUSD
Timeframe: M5
Minimum Deposit: $100
Leverage: 1:10 – 1:1000



Key Features


• GBPUSD Optimized – Designed for Cable’s volatility profile.
• M5 Scalping Framework – Balanced between frequency & accuracy.
• One Trade per Day – Reduces noise, no overtrading.
• Daily Positions – Consistent activity without overexposure.
• Risk Management – Configurable SL & TP.
• No Martingale/Grid – Safe and sustainable.
• Professional Principles – Uses strategies long applied by institutional traders.
• Flexible Leverage – Works with accounts from 1:10 up to 1:1000.
• Small Capital Friendly – Just $100 to start.
• Free Updates – Maintained by YoForex.


Backtest & Performance


YoForex tested Scrappy EA V1.5 MT4 extensively on GBPUSD.


Backtest Period: Jan 2021 – Apr 2025
Pair: GBPUSD
Timeframe: M5
Initial Balance: $100


Results:



  • Win Rate: 74%

  • Average Monthly Gain: 6–9%

  • Max Drawdown: 7.2%

  • Profit Factor: 1.88


Equity Curve: Smooth, upward growth, with very limited drawdowns thanks to one-trade-per-day logic.


Live Testing:
On a $500 account, the EA maintained consistent 7–10% monthly growth, performing best during London & New York sessions.



Installation & Setup



  1. Download from ForexFactory.cc.

  2. Copy .ex4 file into your MT4/Experts folder.

  3. Restart MetaTrader 4.

  4. Open a GBPUSD chart on M5 timeframe.

  5. Attach Scrappy EA from the Navigator.

  6. Adjust risk parameters (lot size, SL, TP).

  7. Enable AutoTrading.


Best Practices



  • Account Size: Minimum $100, recommended $200+ for stability.

  • Leverage: Works fine from 1:10 up to 1:1000.

  • Risk Control: Keep risk per trade under 2%.

  • Trading Sessions: Performs best in London & New York hours.

  • Broker: Use ECN/raw spread brokers for better execution.

  • VPS: Run on VPS for 24/7 uptime.

  • Avoid Major News: GBP/USD spikes heavily during NFP, CPI, and BOE events.


Why Choose YoForex Tools?


YoForex ensures all tools are:



  • Backtested & Verified – Real results before release.

  • Free Forever – No licenses, no hidden costs.

  • Updated Regularly – Always tuned for changing market conditions.

  • Community Supported – Access via WhatsApp & Telegram groups.


Check out more bots in the Newest EAs section.


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Call to Action


Looking for a simple, disciplined GBPUSD EA that avoids the pitfalls of overtrading? The Scrappy EA V1.5 MT4 is your answer: one trade per day, smart risk control, and a $100 entry point.


Download Scrappy EA V1.5 MT4 Free and trade GBPUSD smarter today.


YoForex – empowering traders worldwide, one free tool at a time.


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Happy Trading