Phantom X EA MT5 v1.0 (Official version 4885+)

What is Phantom X EA MT5?

Phantom X EA for MetaTrader 5 is a versatile and fully customizable forex trading robot that integrates grid trading, hedging, and multi-directional strategies for optimized performance in ranging and high-volatility markets.
Built for traders who seek strategic flexibility and advanced control, Phantom X EA offers precise automation powered by customizable indicator filters, scheduled trade execution, and robust risk management settings. Whether you’re managing a diverse portfolio or targeting short-term gains, this EA adapts to your unique trading goals.

• Vender Website

Key Features of Phantom X EA

🔻 Grid Trading with Martingale Multiplier

• Classic grid strategy with a 2.0x lot size martingale logic
• Designed to optimize gains in ranging markets or price retracements

🔻 Two-Way Trading Execution

• Simultaneous buy and sell grid setup
• Maximizes opportunity in sideways and choppy markets

🔻 Built-in Hedging Mechanism

• Automatically mirrors positions to reduce drawdowns
• Enhances protection during market reversals

🔻 200-Period Moving Average Filter

• Trend confirmation logic to filter out false entries
• Helps improve trade accuracy based on long-term direction

🔻 Customizable Trading Schedule

• Fully defined weekday and hour-based sessions
• Includes Friday cutoff feature to avoid weekend exposure

Why choose Phantom X EA MT5?

🔻Advanced Strategy Flexibility

• Perfect for both manual traders and algorithm developers
• Mixes multiple trading techniques for adaptive behavior

🔻 Works in All Market Conditions

• Suitable for trending, ranging, or volatile markets
• Utilizes logic layering to dynamically adjust trade direction

🔻 Scalable for Any Account Size

• Start from 0.01 lots for safe entry
• Increase multiplier and lot size for aggressive growth

🔻 Smart Trade Management & Control

• Set precise execution times, lot sizing, and trade direction
• Build custom strategies with fine-tuned controls

🔻 Safety-Oriented Automation

• Features like daily equity protection and profit locking
• Promotes long-term sustainable trading

🔻 Ideal for Manual, Semi- or Fully Automated Trading

• Customize to support manual decision-making or full automation
• Easily integrate external signals or trade filters

Phantom X EA MT5 Review

🔻Verified Myfxbook account showcasing real trading stats:

• Total Gain: +7.60%
• Daily Return: 0.12%
• Monthly Return: 3.68%
• Max Drawdown: 0.95% – Extremely low risk

Phantom X MT5 Myfxbook Results

Phantom X MT5 Review

What’s Included in the Download Package

• Experts: Phantom X.ex5

>>> Join VIP Membership Now <<<

How To Set Up EA

🔻Phantom X EA for MT5 is a powerful grid-based Expert Advisor that combines martingale logic, hedge trading, and multi-directional grid strategies. This guide provides a fast, optimized setup overview for safe and effective use.

Phantom X MT5 setting

🟢 Step-by-Step Installation Guide

🔻Download the Phantom X EA File

• Ensure the file is in .ex5 or .mq5 format.

🔻Install the EA into MT5

• Go to:
  MetaTrader 5 → File → Open Data Folder → MQL5 → Experts
• Paste the EA file into the Experts folder.

🔻Restart MT5

• Close and reopen MT5.
• Navigate to Navigator → Expert Advisors and click Refresh.

🔻Attach Phantom X EA to a Chart

• Use a major currency pair or index.
• Recommended Timeframe: M15 or higher.
• Drag the EA onto the chart, enable Algo Trading, and configure settings.

🟢 Recommended Phantom X EA Settings

🔻 General Setup

🔻 Single Direction Grid

🔻 Hedge Mode (Optional)

🔻 Multi-Directional Grid (Optional)

🟢 Best Practices

• Enable MA Confirmation to reduce false entries (200-period MA).
• Use low starting lots (0.01) for better drawdown control.
• Avoid high-volatility news periods unless using the hedge or multi-direction modes.
• Monitor account manually — no equity stop is active by default.

Conclusion

In summary, Phantom X for MetaTrader 5 is a powerful Expert Advisor (EA) that integrates grid trading, hedging, and multi-directional logic into one highly customizable system. Designed for both beginners and experienced traders, this EA offers exceptional flexibility with features like indicator-based trade filters, customizable TP/SL controls, and personalized trading schedules, making it ideal for volatile and ranging market conditions.
Using a martingale-based grid strategy, Phantom X can simultaneously open buy and sell positions, while its built-in hedging mechanism helps reduce drawdowns. This EA offers a solid framework for consistent performance and adaptability. Optional features like the Supertrend filter, floating SL/TP logic, and daily equity protection further strengthen the risk management capabilities, providing a balance of safety and aggressive growth potential.

>>> Reviewed by Jason Stap <<<