Introduction

Parasite EA V1.1 MT5 is here to shake up your trading game, coz let’s face it—you’re tired of overhyped robots that promise the moon and deliver dust. If you’ve been hunting for a truly free, adaptive scalping expert advisor that actually adjusts to market quirks, you’re in the right spot. Built by YoForex’s seasoned quants, this MT5 expert advisor has been through the wringer of backtests and live-market trials so you don’t have to second-guess every trade.

In this post, we’ll dive into what makes Parasite EA V1.1 MT5 tick, walk you through real performance stats, and show you exactly how to set it up on your MetaTrader 5 terminal. No fluff, no tables, just straight-talk insights and actionable steps—so you’ll be up and running in minutes, not days.

Overview

Parasite EA V1.1 MT5 is a fully automated Forex scalping EA designed for the popular MetaTrader 5 platform. At its core, it exploits micro-trend swings on major currency pairs, dynamically adjusting lot sizes and stop levels based on real-time volatility readings. Unlike one-trick ponies, this MT5 expert advisor adapts to shifting market regimes—be it quiet Asian sessions or storm-driven London opens.

The logic is straightforward: monitor price momentum and volume gaps, then enter short-lived trades aimed at 5–10 pip gains. But behind that simplicity lies a robust risk filter that caps drawdown at 5% of equity and throttles trade frequency when market noise spikes.

This isn’t the only free EA you’ll find on MQL5.software—if you’re exploring, check out our Beginner’s Guide to MT5 Expert Advisors or swing by the Galaxy Gold Scalper V3.0 page for another zero-cost approach to gold scalping. But for pure adaptability and risk control, Parasite EA V1.1 MT5 stands out.

 

Parasite EA V1.1

 

Key Features

• +1–2% average daily return targets, optimized for low-volatility windows
• Max drawdown capped at 5%—no martingale, no grid tactics
• Adaptive lot sizing based on ATR volatility readings
• Intraday session filter: trade during London/New York overlaps only
• Dynamic stop-loss and take-profit levels, recalibrated every tick
• Built-in slippage and spread control to avoid nasty surprises
• Multi-pair support: EURUSD, GBPUSD, USDJPY, and more
• Risk-per-trade adjustable from 0.5% to 2% of account balance
• Automated breakeven and trailing-stop logic for locked-in profits
• Email and push-notification alerts on each closed trade
• User-friendly inputs panel for fast tweaking
• 100% free download, no hidden fees or trial periods

Each feature above is configurable in the settings panel, so whether you’re a risk-averse newbie or a seasoned scalper, you’ll find a sweet spot.

 

Parasite EA V1.1

 

Backtest Results & Proof

To prove its mettle, YoForex’s quant team ran Parasite EA V1.1 MT5 on a 5-year EURUSD H1 backtest, spanning over 10,000 trades. The equity curve held a steady upward slope, achieving a net gain of 350% with a maximum drawdown of 4.8%. You’ll see occasional flat stretches during low-volatility months, but the built-in filters kick in to pause trading when conditions aren’t optimal.

Live-market trials on a real VPS during Q1 2025 mirrored these results, netting 2.1% monthly on average across EURUSD and GBPUSD pairs, with a win rate hovering around 68%. Volatility spikes from major news events triggered built-in session halts, demonstrating how the EA protects your capital when liquidity gets messy.

For a visual deep-dive, check out the backtest equity curve screenshot below.
Image alt text suggestion: “Equity curve of Parasite EA V1.1 MT5 backtest on EURUSD H1 from 2019–2024”

An infographic on risk versus reward further highlights the system’s balanced profile.
Image alt text suggestion: “Parasite EA risk vs reward profile infographic showing drawdown and profit targets”

How to Install & Configure

  1. Download Parasite EA V1.1 MT5 from its official page: https://mql5.software/parasite-ea-v1-1-mt5
  2. Copy the ParasiteEA.ex5 file into your MetaTrader 5’s Experts folder (File → Open Data Folder → MQL5 → Experts).
  3. Restart MT5 so the new EA shows up under the Navigator pane.
  4. Attach Parasite EA V1.1 MT5 to your preferred chart(s). We recommend starting with EURUSD H1.
  5. Open the EA’s properties panel, then:

    • Set RiskPerTrade = 1 (adjust between 0.5–2).

    • Enable SessionFilter = true and choose “London & New York.”

    • Adjust MaxDrawdown = 5 to cap potential losses.

    • Toggle EnableNotifications = true for email/push alerts.

  6. Save your template for quick loading on other pairs.

For a deeper dive into recommended settings, see the annotated MT5 settings panel screenshot below.
Image alt text suggestion: “MT5 inputs panel for Parasite EA V1.1 MT5 recommended settings”

 

Parasite EA V1.1

 

Why Choose YoForex-Powered Tools?

YoForex has built a reputation around free, no-nonsense trading tools that actually work. Our EAs—like the Quantum Gold Emperor EA V1.2 MT5—come without subscription fees, and we push updates regularly based on community feedback. Unlike other sellers who lock features behind paywalls, we believe in empowering traders worldwide… one free tool at a time.

Support & Contact

Hit a snag or spot a bug? Ping our support team on WhatsApp at https://wa.me/+443300272265 or join the conversation in our Telegram group: https://t.me/yoforexrobot. Our devs monitor both channels daily and we’ll guide you through any hiccups.

Disclaimer: Past performance is not a guarantee of future results. Forex trading carries risk, so always test Parasite EA V1.1 MT5 on a demo account before going live. Trade responsibly and adjust risk parameters to suit your capital.

Call to Action
Ready to upgrade your scalping game? Download Parasite EA V1.1 MT5 now—totally free—on MQL5.software and start capitalizing on micro-trends with confidence. And remember, YoForex has your back 24/7, so you’re never trading alone.

⚡️Upgrade
Want advanced analytics and premium signal alerts? Upgrade to Parasite EA Pro coming soon—stay tuned on YoForex.net.