Scrappy EA V1.5 MT4 – Free GBPUSD M5 Expert Advisor

Introduction

Scalping GBPUSD can feel like fighting fire — the pair is volatile, liquid, and prone to sudden moves. That’s why many traders blow up accounts chasing too many entries. The Scrappy EA V1.5 MT4 solves this by doing the opposite: it’s a low-frequency, high-discipline Expert Advisor.

This EA trades GBP/USD on the M5 timeframe, but instead of spamming trades, it opens only one position per day. That means no over-optimization, no over-exposure, and no martingale tricks. Just steady, robust execution based on professional trading principles.

And yes, it’s available 100% free from MQL5.software.

Overview

The Scrappy EA V1.5 MT4 is designed for traders who want automation but hate risky overtrading.

  • Pair: GBP/USD.
  • Timeframe: M5.
  • Minimum Deposit: $100.
  • Leverage: Works from 1:10 up to 1:1000.
  • Style: 1 trade per day, robust intraday entries.

This makes it perfect for:

  • Small account holders who want safe automation.
  • Prop firm traders needing strict risk management.
  • Swing-to-intraday traders who prefer quality over quantity.

Key Features

• GBP/USD Optimized – Tuned specifically for GBP/USD volatility.
• Low Minimum Deposit – Runs smoothly on $100 accounts.
• Leverage Flexibility – Supports 1:10 up to 1:1000.
• One Trade Per Day – Prevents overtrading and risk stacking.
• Daily Entries – Opens 1 position every day.
• Configurable SL/TP – User-adjustable stop loss and take profit.
• Integrated Risk Management – Keeps exposure under control.
• No Martingale/Grid – Safe, sustainable strategy.
• Robust Strategy – Based on long-standing professional trading principles.
• Prop Firm Friendly – Works within strict drawdown rules.
• Free Lifetime Updates – YoForex continues improving logic.
• Support Ready – Telegram & WhatsApp assistance.

How It Works

The Scrappy EA V1.5 MT4 is built around market structure + daily trade discipline.

  1. Signal Check – Scans GBP/USD M5 for daily bias.
  2. Position Entry – Places a single trade in the trend direction.
  3. Risk Management – Applies configurable SL/TP immediately.
  4. Exit Strategy – Trade closes via TP, SL, or end-of-day protection.

Example

  • On GBPUSD M5, Scrappy EA detects bullish strength during London session.
  • It opens a buy with 15–20 pip SL, 25–40 pip TP.
  • EA does not place another trade until the next day, ensuring safe exposure.

Backtest & Results

GBPUSD (M5, 3 years):

  • Win Rate: ~68%
  • Profit Factor: 1.85
  • Max Drawdown: 6%
  • Avg Monthly Gain: 7–10%

Key Insights:

  • Works best in London and New York sessions.
  • Maintains low drawdown due to limited daily entries.
  • Reliable forward performance, not curve-fitted.

Forward Demo:
In live demo, Scrappy EA opened trades every day with steady, small profits. No overtrading, no wild drawdowns.

Installation & Setup

  1. Download EA from MQL5.software.
  2. Place into MQL4 → Experts.
  3. Restart MT4.
  4. Attach EA to GBP/USD M5 chart.
  5. Enable AutoTrading.
  6. Adjust SL, TP, and risk % settings.

Recommended Settings:

  • Pair: GBP/USD only.
  • Timeframe: M5.
  • Min Balance: $100.
  • Leverage: 1:10–1:1000.
  • VPS: Suggested for 24/7 stability.

Why Choose YoForex Tools?

YoForex is known for creating free, robust, and tested Expert Advisors. The Scrappy EA V1.5 MT4 stands out because:

  • It’s low-risk (1 trade/day).
  • Requires only $100 deposit.
  • Follows real professional principles.

Other YoForex bots worth checking:

Support 

Need assistance? Contact YoForex:

Call to Action

Want an EA that doesn’t overtrade, respects risk, and runs even on $100 accounts? The Scrappy EA V1.5 MT4 is the solution. Built for GBP/USD on M5, it’s safe, consistent, and prop firm friendly.

Download it today free at MQL5.software and trade smarter, one disciplined entry at a time.

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

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Happy Trading