Introduction

Ever wished you could trade like Cristiano Ronaldo scores goals—precise, timely, and ruthless? Meet CR7 EA V3.0 MT4, a free Expert Advisor designed to scalp currency pairs with the same relentless efficiency. Crafted by YoForex’s dev squad, CR7 EA borrows its name from football’s greatest to hint at its aggressive yet calculated approach: wait for the perfect setup, then strike. No fancy gimmicks—just clean, well-tested code that hunts small profits on M15 charts.

If you’re tired of EAs that overpromise and underdeliver (coz who isn’t?), CR7 EA V3.0 MT4 might be the answer. It’s been backtested across multiple pairs, live-market verified by YoForex, and—best of all—available 100% free on MQL5.software. So whether you’re a rookie trader or a seasoned pro, this EA’s ready to take you to the Champions League of algorithmic scalping. Read on to see why CR7 EA is a game-changer.

Overview

CR7 EA V3.0 MT4 focuses on short-term price spikes—think of it as a striker waiting on the perfect through-ball. Operating on M15 charts, it mainly targets EURUSD, GBPUSD, and USDJPY during peak volatility (London/New York overlaps). The strategy hinges on two core modules: a momentum detector (inspired by pro footballer’s sprint timing) and a consolidation filter (patience like a veteran striker).

  1. Momentum Detector: CR7 EA scans for sudden price surges—usually a 20+ pip move within 3 bars. Once the spike is detected, the EA waits for a brief pullback into a tight consolidation range (no more than 8 pips).

  2. Consolidation Filter: This filter ensures the pullback doesn’t devolve into sideways choppiness. If price stays within the 8-pip zone for two bars, CR7 EA triggers entry in the direction of the original spike.

Stop-loss is set just outside the consolidation range, while take-profit aims for a 1.5:1 reward-to-risk ratio. Plus, dynamic lot sizing (“Auto_Lots” parameter) lets the EA adjust position size relative to equity, so it grows with your account. There’s no martingale, no grid—just straightforward scalping.

Because YoForex live-tested CR7 EA on a real account from January to May 2025, you can trade it confidently. And since it’s totally free on MQL5.software, you can jump right in—no subscription, no trial. If you need more free EAs, check out our Galaxy Gold Scalper EA V3.0 or browse our Beginner’s Guide to Automated Trading.

Key Features

• +10–15 pips average scalp per trade on major pairs
• Trades EURUSD, GBPUSD, USDJPY on M15 chart only
• Momentum Detection Module: identifies 20+ pip bursts
• Consolidation Filter: waits for tight 8-pip range
• Dynamic Stop-Loss & Take-Profit (1.5:1 R:R)
• Auto_Lots enabled: adjusts lot size per equity
• Session Filter: London & New York overlap trades only
• News Filter: avoids high-impact economic releases
• Max Open Trades: 2 (configurable)
• No martingale, no grid—low-risk execution
• Built-in spread and slippage checks
• 100% free on MQL5.software, with ongoing updates
• Easy installation: copy, restart MT4, attach to chart

Strategy Details

CR7 EA V3.0 MT4’s secret sauce lies in its momentum + consolidation combo—just like a striker timing a perfect run. Here’s a deeper dive:

  1. Momentum Scan (H1–H2): The EA constantly monitors incoming tick data and calculates the pip range over the last three M15 bars. If it sees a 20-pip surge (configurable via Min_Momentum_Pips), it flags that as a valid trigger.

  2. Pullback Detection (H3–H4): After the trigger, the EA waits for price to retrace back into an 8-pip zone (configurable via Max_Consolidation_Range). If price remains within that range for at least two consecutive bars, CR7 EA deems conditions optimal.

  3. Entry Logic (H5): Once consolidation is confirmed, the EA places a buy/sell order in the direction of the initial spike. Stop-loss is placed just outside the consolidation range (5 pips beyond), while take-profit uses ATR(14) * 1.5 multiplier for a dynamic R:R.

  4. Filters (H6–H7):

  • Spread Check: Ensures spread < Max_Spread (default 2.0 pips) before entering.
  • Slippage Tolerance: If slippage > Max_Slippage, skip trade.
  • Session Filter: Trades only between 07:00–17:00 server time (London/New York).
  • News Filter: Checks economic calendar; skips trade 15 minutes before and after high-impact events.

This approach prevents the EA from “chasing dead balls” during quiet times and focuses only on high-probability setups—just like a pro who waits for the perfect pass.

Backtest Results & Proof

Historical Backtest (Jan–Dec 2024)

  • Pairs: USDCAD,USDJPY
  • Initial Balance: 10,000 USD
  • Sample Size: 2,500 trades total
  • Net Profit: 2,850 USD (+28.5%)
  • Max Drawdown: 6.2%
  • Win Rate: 58%
  • Profit Factor: 1.78

Live Account Verification (Jan–May 2025)

  • Account: Real, 10K USD funded by YoForex
  • Net Profit: 1,320 USD (+13.2%)
  • Max Drawdown: 4.9%
  • Trades Executed: 450
  • Average Monthly Gain: 2.6%
  • Risk per Trade: Max 1.0% of equity

Notice how the drawdown in live trading stayed under 5%, thanks to CR7 EA’s strict risk controls. The equity curve remains relatively smooth, with no massive dips during unexpected news spikes—proof that the built-in filters are doing their job.

How to Install & Configure

Setting up CR7 EA V3.0 MT4 is a breeze, even if you’re not tech-savvy. Just follow these steps:

Download the EA:

Copy to MT4 Folder:

  • Open your MetaTrader 4 terminal.
  • Go to File → Open Data Folder.
  • Navigate to MQL4/Experts/ and paste the CR7_EA_V3.0.mq4 (or .ex4) file.

Compile (If Needed):

  • Open the MetaEditor (F4).
  • Locate CR7_EA_V3.0.mq4 under Experts and hit Compile.
  • Ensure there are no errors.

Restart MT4:

  • Close and re-open MetaTrader 4 so it recognizes CR7 EA as a new Expert Advisor.

  • Attach to Chart:

  • In the Navigator panel, expand Expert Advisors.
  • Drag “CR7 EA V3.0” onto an EURUSD M15 (or GBPUSD/ USDJPY) chart.
  • In the Common tab, check “Allow live trading” and “Allow DLL imports” if needed.
  • In the Inputs tab, tweak parameters as below.

  • Recommended Input Settings:

  • Auto_Lots = true (dynamic lot sizing on)
  • Risk_Percent = 1.0 (max 1% equity per trade)
  • Min_Momentum_Pips = 20 (minimum momentum trigger)
  • Max_Consolidation_Range = 8 (max pullback in pips)
  • ATR_Multiplier = 1.5 (for TP calculation)
  • Session_Start = 07:00 (London open)
  • Session_End = 17:00 (New York close)
  • Max_Spread = 2.0 (pips)
  • News_Filter = true (avoid high-impact news)
  • Max_Orders = 2 (no more than two concurrent trades)

Once you hit OK, CR7 EA will begin scanning for valid setups. Monitor open positions in Terminal → Trade, and past trades in Terminal → Account History.

Why Choose YoForex-Powered Tools?

  1. 100% Free & Transparent: No trial periods. No hidden charges. You get the full EA, with all features unlocked—forever.
  2. Rigorous Testing: Every YoForex EA goes through extensive backtests and live-forward tests. CR7 EA was trialed in real-market conditions for months before public release.
  3. Active Development & Updates: Our dev team constantly monitors performance. If a new filter or optimization is needed, you’ll get a free update. Check the “Updates” tab on the MQL5 page to stay current.
  4. Community & Support: Join our Telegram group or ping us on WhatsApp (+44 3300 272265). We encourage user feedback—many features in CR7 EA V3.0 came directly from trader suggestions.
  5. Trusted Brand: YoForex Corp has been delivering free, reliable EAs since 2016. Our track record speaks for itself: hundreds of 5-star reviews, thousands of active users, and zero shady upsells.

Support & Disclaimer

Having trouble or spotted a bug? Our dev & support team is standing by. Hit us up on WhatsApp at https://wa.me/+443300272265 or join our Telegram channel: https://t.me/yoforexrobot. We typically reply within a few hours during market hours.

Disclaimer: Past performance does not guarantee future results. CR7 EA V3.0 MT4 is provided “as is,” without warranty of any kind. Use at your own risk. Always test on a demo account before trading live, and never risk more than you can afford to lose. Forex trading carries significant risk—trade responsibly.

Call to Action

Ready to start scoring consistent pips like “CR7”? Download CR7 EA V3.0 MT4 now from MQL5.software, attach it to your M15 chart, and watch the magic unfold. It’s free, it’s proven, and it’s backed by YoForex’s unlimited support. Don’t wait—grab your copy today and bring your trading game to the top flight!