Introduction
Ever felt stuck manually managing trades, wishing there was an EA that could blend grid and trend strategies without blowing your account? Meet CoreX G EA V1.7 for MT4—a free, next-level Expert Advisor that’s been quietly making waves among savvy traders. Whether you’re a newbie who’s still learning the ropes or a seasoned pro craving an automated edge, CoreX G EA aims to simplify your trading journey. In this post, we’ll walk you through why CoreX G is worth your attention, how it works under the hood, and the steps to get it up and running on your MetaTrader 4 platform. Trust me, this EA is engineered to capture market swings with minimal fuss, so you can spend less time staring at charts and more time sipping your morning coffee.
Overview
CoreX G EA V1.7 MT4 is designed to harness both grid and trend-following principles. Unlike a pure grid system that risks massive drawdowns, or a simple trend-follower that might miss consolidation moves, CoreX G EA fuses the two approaches to seek consistent, steady gains. The developer team tested this version extensively on popular pairs like EURUSD, GBPUSD, and USDJPY, across 1H, 4H, and Daily timeframes.
At its core, CoreX G EA monitors high-timeframe trends using moving averages (EMA and SMA combinations) and only activates its grid component when price retraces into predefined zones. Once the entry criteria are met—such as a confluence of trend alignment and volatility filters—the EA places a “mini-grid” of buy or sell orders, spacing them based on ATR (Average True Range) to adjust dynamically to current volatility. If the trend falters, the EA has built-in filters to halt new entries, preventing overexposure during sideways markets.
Since its release, traders have reported backtest gains of over 300% (net) on a $10K account with a maximum drawdown under 6% for a 5-year span (2018–2023). Live-demo snapshots suggest CoreX G V1.7 matches those numbers nearly in real-time conditions, making it ideal for low-to-medium risk portfolios. Best of all, the EA is entirely free—no hidden fees or subscription—hosted at fxcracked.org. If you’re serious about blending safety with profitable automation, keep reading…
Key Features
Below are the standout features that make CoreX G EA V1.7 a compelling choice:
- Dual-Mode Trading: Seamlessly switches between trend-following and grid strategies based on market conditions.
- Adaptive Grid Spacing: Uses ATR to calculate optimal distance between grid orders, so it adapts to current volatility.
- Dynamic Lot Sizing: Risk becomes a percentage of equity per trade, with auto-adjustments to prevent over-leveraging.
- Trend Confirmation: Relies on EMA (50 & 200) crossovers and RSI filters to confirm major trend direction before placing grids.
- Max Drawdown Protection: Pauses trading if equity falls by 6% in a single day (customizable by the user).
- Spread Filter: Blocks trades during high-spread periods or broker slippage spikes (ideal for ECN/PRO accounts).
- Daily Time Filter: Restricts trading during low-liquidity hours (e.g., Fri evening to Sun open) to avoid weekend gaps.
- TP/SL Break-Even Logic: Automatically moves stop-loss to breakeven once the first profit target is reached, locking in gains.
- Partial Close Options: Closes a configurable percentage of positions when reaching incremental profit steps.
- News and Events Pauses: Integrates an economic calendar filter to halt new entries during high-impact news.
- Compact Input Panel: Only 15 user-friendly parameters—easy for beginners, yet powerful for veterans.
- Multiple Pair Support: Pre-configured for EURUSD, GBPUSD, USDJPY, but easily adjustable to any major pair.
These features combine to offer a low-drawdown, high-consistency EA that fits neatly into your automated trading toolkit. It’s tailor-made for traders who appreciate disciplined risk management without sacrificing profit potential.
Backtest Results & Proof
If you’re skeptical (and you should be), check out these backtest highlights for EURUSD H4 from Jan 1, 2018 to Dec 31, 2023 (tick data, realistic spread/slippage):
- Starting Balance: $10,000
- Net Profit: $33,500 (335% gain)
- Total Trades: 7,842
- Winning Trades: 62.7%
- Max Drawdown: 5.9%
- Profit Factor: 1.95
- Average Profit Trade: $13.45
- Average Loss Trade: $9.20
The equity curve (see Image #1) demonstrates smooth upward growth with shallow retracements—exactly what you want from a grid/trend hybrid. Notably, during volatile periods like Q1 2020 (COVID-19 crash), CoreX G paused grid entries when ATR thresholds spiked, sparing you from grid blowouts.
On a live-demo environment (Mar 2023–May 2024), a $5,000 account running on GBPUSD H1 saw roughly 1.1% average daily return with a max drawdown of 4.5%. That aligns closely with the backtest stats, suggesting the EA isn’t just curve-fitted. Of course, live conditions vary by broker and slippage, so always demo first.
These visuals confirm CoreX G V1.7’s capability to navigate different market regimes. The shallow drawdowns underscore its focus on capital preservation—something grid-only EAs often fail at.
How to Install & Configure
Setting up CoreX G EA V1.7 on MT4 is quick and painless. Here’s the step-by-step:
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Download the EA File
- Head to the official download page: https://fxcracked.org/download/corex-g-ea-v1-7-mt4
- Click “Download Now” and save the ZIP file to your PC.
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Unzip & Copy to MT4
- Extract the ZIP to reveal
CoreXG_v1.7.mq4and any required indicator files. - Open MetaTrader 4, then go to File → Open Data Folder → MQL4 → Experts.
- Paste
CoreXG_v1.7.ex4(or compile the.mq4) into theExpertsfolder. - If there are custom indicators (e.g.,
CoreXG_Filter.mq4), place them into MQL4 → Indicators. -
Refresh MT4 & Attach EA
- In MT4, press Ctrl+N to open the Navigator. Right-click on “Expert Advisors” and choose Refresh.
- Find “CoreX G EA V1.7” in the list, then drag it onto your desired chart (for example, EURUSD H4).
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Configure Input Parameters
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RiskPercent(default 1.5% per trade) -
MaxDailyDrawdown(default 6%) -
GridSpacingFactor(default 1.0 for ATR-based spacing) -
MaxGridOrders(default 5) -
UseTrendFilter(true to enable EMA/SMA checks) -
TimeFrame(H4 recommended)
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- Enable Auto-Trading
- Click the green AutoTrading button in MT4. A smiling face icon should appear in the top right of the chart, signifying the EA is active.
- Monitor the first few trades to confirm everything’s running smoothly.
Why Choose CoreX G-Powered Tools?
You may wonder how CoreX G EA stacks up against other free EAs. Here’s why it stands out:
- Hybrid Approach: Most free EAs are pure grid (risk of blowup) or pure trend (missed consolidation). CoreX G’s hybrid logic tackles both phases seamlessly.
- Robust Risk Controls: Auto-drawdown pause, TP/SL breakeven, and dynamic lot sizing protect your capital at every step.
- Adaptive to Volatility: ATR-based spacing means the EA breathes with the market—tight grids in calm times, wider spacing during spikes.
- Minimal Inputs: Only 15 essential settings—perfect if you hate drowning in dozens of confusing parameters.
- Ongoing Updates: The YoForex dev team actively maintains V1.7, with plans to roll out V2.0 later in 2025. Check our About Us page for roadmap details.
- Community-Driven Feedback: Join discussions on our Telegram group—much of V1.7 was refined based on trader suggestions.
If you’re tired of EAs that either blow your account or sit idly in sideways markets, CoreX G EA V1.7 strikes a rare balance. It’s hard to find a free EA with this level of sophistication—coz most devs charge subscriptions or hide the good stuff behind paywalls. Not here.
Support & Disclaimer
Even the best EA can’t predict every market twist, so here’s what you need to know:
Support Channels:
- WhatsApp: Ping our support team at +44 330 027 2265.
- Telegram Group: Join https://t.me/yoforexrobot to ask questions, share settings, and grab updates.
Disclaimer:
- No Guarantees: Backtest and demo stats are impressive, but live performance can vary.
- Trade Responsibly: Always demo-test CoreX G V1.7 for at least two weeks under your broker’s spreads before going live.
- Risk Disclosure: Grid strategies carry inherent risk. Even hybrid models can suffer if volatility explodes unexpectedly—especially around major news. Use stop-loss and microphone drawdown limits wisely.
- Broker Selection: CoreX G thrives on low-spread ECN/PRO accounts (e.g., IC Markets, XM, RoboForex). Avoid high-spread brokers or those with inconsistent execution.
Call to Action
Ready to experience CoreX G EA V1.7 on MT4?
- Download for Free from fxcracked.org.
- Demo-Test it on EURUSD H4 (or your preferred major pair) for at least 2 weeks.
- Join Our Community on Telegram or ping support on WhatsApp at +44 330 027 2265.
Don’t miss out—grab CoreX G EA V1.7 today and start automating with confidence!