A multi-strategy powerfull MT5 Expert Advisor
LakshmiFX – Free Forever!
All in one solution for algorithmic trading using MetaTrader 5 Platform. You need extensive optimization, backtesting and forward testing to maximize your profit. This is a must for any professional trader because you can utilize many different strategies using one tool. The best thing is it is FOREEVER FREE!
Free MT5 EA | AI-Powered Analytics | Built for Retail Traders
Grid Trading Strategy
Grid trading is a strategy where multiple pending orders (often limit orders) are placed at different price levels to buy and sell an asset, forming a grid.
Martingale
The martingale strategy is a betting or investing technique that involves doubling your bet after each loss. The goal is to recover your losses and make a profit.
Zone Recovery
A “zone recovery” is a hedging strategy, where if an initial trade doesn’t reach its take profit target, a second trade is opened in the opposite direction with a larger position size to potentially offset the losses from the first trade.
Trend Following Strategy
A trend following strategy is a strategy that tries to capture big moves up or down (short). The easiest trading rules involve using a moving average crossover system. If the price is above the moving average, go (or stay) long. If the price is below the average, flip and sell short (or sell)
Reversal Trading
Breakout Strategy
A trend following strategy is a strategy that tries to capture big moves up or down (short). The easiest trading rules involve using a moving average crossover system. If the price is above the moving average, go (or stay) long. If the price is below the average, flip and sell short (or sell)
Scalping
Scalping is a trading style that specializes in profiting off small price changes and making a fast profit off reselling. Scalping requires a trader to have a strict exit strategy because one large loss could eliminate the many small gains the trader worked to obtain.
News Trading
Key Upgrades in v2.0 Beta (Not in v1.66)
The evolution from 12,000+ trusted downloads to a professional-grade trading system
Trading Strategies
Total Built-inNo more "one-size-fits-all" — adapt to trending, ranging, or volatile markets with precision.
Smart SL/TP Placement
Advanced MethodsInstitutional-grade stops using Support/Resistance, Swing Levels, Ichimoku Kumo — not just fixed pips.
London Breakout Automation
Success BoostSet-and-forget Asian range detection with pending orders, lunch cancel, and visual breakout zones.
Range Breakout + Consolidation
Fakeout ReductionOnly trade real breakouts after tight consolidation — filters fake moves with indecision candles.
Ranging Market Detection
Grid SafetyGrid only activates in true ranging markets using ATR + ADX + session logic — no more choppy losses.
Max Trade Duration
Risk LimitAuto-close stale trades — prevents overnight risk on slow-moving positions.
Enhanced Dashboard
Glance MetricsReal-time trending / ranging / volatility status — know the market at a glance.
Dynamic Risk %
Per TradeTrue 1% risk per trade — auto-scales with your account balance.
Limited Spots – Be among the first 500 testers
Grid Trading Backtesting
Who is LakshmiFX for?
LakshmiFX suitable for personal accounts or institutionally funded accounts. You can use to pass proprietary trading firm challenges and operate on live proprietary firm accounts.
Best Solution for you
LakshmiFX: A Versatile Expert Advisor for Maximizing Market Profitability
LakshmiFX is a straightforward yet powerful Expert Advisor (EA) designed to maximize trading profits. It has been extensively tested on Forex pairs and gold. The EA supports various trading strategies, including Martingale, Dollar-Cost Averaging (DCA), grid trading without Martingale, and trading based on indicators such as Moving Averages (MA), StochRSI, RSI, or a combination of these tools. Additionally, it offers an optional News Filter, utilizing the MT5 built-in economic calendar.
- Use the EA on a demo account for at least three months.
- Conduct both backtesting and forward testing using the MT5 Strategy Tester.
- Analyze the results using a quantitative analysis tool (free or paid) for comprehensive evaluation.
- Free Noise Filter to have better trading results.
- Free Volatility Filter avoid trading during high volatile market condition.
- Free trend strenght filter for better trade entry.
