Poltergeist EA MT5 (Official version) | GroupBuy

What is Poltergeist EA MT5?

Poltergeist EA MT5 is a powerful automated trading system specifically designed for GBPUSD on the H1 timeframe. This Expert Advisor combines dynamic and fixed lot sizing, advanced risk management, and adaptive trade execution to deliver stable and consistent trading performance.

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About the Developer

• Author: Michael Prescott Burney
• Experience: Over +1 years of experience on MQL5.
• Notable Products: Poltergeist EA MT5, Worlds FX EA MT5, Bonkai XT EA MT5, Golden Goose Ai EA MT5, Golden Taipan FX MT5 and other advisors.
• Flagship Product: Poltergeist EA MT5 is rated as the best performing product of the year.

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Poltergeist EA MT5 Overview

Main Features of Poltergeist EA MT5

🔺 Advanced Risk Management:

• ATR-Based Stop-Loss: Uses volatility-adjusted stops for precision risk control.
• Break-Even & Trailing Stop: Locks in profits automatically as the market moves in your favor.
• Profit Lock Mechanism: Ensures profitable trades remain protected even in volatile conditions.

🔺 Dynamic & Fixed Lot Sizing:

• Flexible Positioning: Traders can choose between fixed or dynamic lot sizing, depending on their capital and strategy.
• Adaptive Scaling: Adjusts trade sizes automatically for optimized exposure.

🔺 Multi-Position Capability:

• Supports up to 100 Positions: Ideal for active traders and those using multi-entry strategies.
• Smart Position Handling: Manages each open trade independently for maximum efficiency.

🔺 Built-In Account Protection:

• Maximum Spread Filter: Prevents trading under unfavorable conditions.
• Equity Protection & Daily Loss Limit: Stops trading automatically to preserve account capital.
• Controlled Risk Exposure: Keeps drawdowns low and ensures steady growth.

🔺 Time-Optimized Trading:

• Best Trading Hours: Operates most efficiently between 15:00 and 23:00 UTC, during peak GBPUSD market activity.
• Adaptive Strategy: Adjusts to intraday volatility for optimal performance.

Additional Features

• Automated Trade Management: Handles entries, exits, and trailing logic without manual intervention.
• Plug-and-Play Setup: Default settings optimized for GBPUSD H1 chart.
• Smooth Execution: Minimizes slippage and delay during high-volatility periods.
• Compatible with All MT5 Brokers: Works efficiently across ECN, RAW, and standard accounts.

Why choose Poltergeist EA MT5?

• Intelligent Risk Control: Every trade is protected by ATR-based SL, breakeven, and trailing mechanisms.
• Fully Automated System: No manual monitoring — the EA manages entries and exits on its own.
• High Flexibility: Choose between fixed or dynamic lot sizing based on your trading plan.
• Strong Capital Protection: Built-in safeguards prevent overexposure and protect equity.
• Optimized for GBPUSD: Tuned for the H1 chart and tested under real market conditions.
• Stable Performance: Consistent profitability with low drawdowns over time.

Poltergeist EA MT5 Performance Review

🔺 This EA delivers outstanding returns with a balance between accurate trading and tight risk control, confirming its strong performance and reliability.

• Initial deposit: $3,000
• Total net profit: $321,000
• Win rate: 75.01%
• Maximum drawdown: 1.66%
• Profit factor: 2.76
• These results reflect excellent trade execution and strong strategy optimization for GBPUSD.

Poltergeist EA MT5 Backtest

Real User Reviews and Feedback

🔺Poltergeist EA MT5 is highly appreciated by the MQL5 community for bringing stable and reliable profits. Below are 5 star reviews from users:

• David Kubach (2024.01.11): “Having a good run with this bot, controls dd and kills the profit on trending market. Patience is required as It does slow down on trend changes and sideways market but makes up for any losses catching the direction of market. Further control can be personal lot size and amount of trades control to keep safer for prop firms.”

What’s Included in the Download Package?

• Setting (If Any).docx
• Installation Guide.docx

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Conclusion

In summary, Poltergeist EA MT5 is a cutting-edge automated trading system meticulously designed for GBPUSD on the H1 timeframe, combining precision, safety, and consistent profitability. Its foundation lies in advanced risk management tools — including ATR-based stop-loss, break-even protection, trailing stop, and profit-locking mechanisms — ensuring every trade is both strategic and secure.

>>> Reviewed by Jason Stap