CoreX G EA V1.7 MT4 – Free Trend & Scalp Hybrid EA

Introduction

Fed up with EAs that overpromise and underdeliver? CoreX G EA V1.7 MT4 is your answer. This free Expert Advisor blends trend-following logic with pinpoint scalp entries, adapting to both trending and ranging markets. Designed for Metatrader 4, CoreX G EA V1.7 MT4 brings a balanced approach—catching bigger moves when trends are strong, while sniping quick scalp profits in sideways sessions. YoForex’s team has stress-tested it across various pairs and environments, and now you can grab it on ForexFactory.cc without paying a dime. If you’ve had enough of hidden fees or complicated setups, read on—CoreX G EA V1.7 MT4 is straightforward, transparent, and built to perform.

Overview

CoreX G EA V1.7 MT4 is a hybrid Expert Advisor engineered to automatically detect market regimes—be it a trending phase or a consolidation—and execute trades appropriately. It’s optimized for H4 and H1 timeframes on major pairs like EURUSD, GBPUSD, AUDUSD, and USDJPY. Rather than relying solely on one strategy, CoreX G EA V1.7 MT4 uses a dual-mode approach:

Trend Mode: When a trend is identified (via moving-average crossovers, momentum filters, and high-timeframe confirmation), the EA captures larger directional moves with dynamic trailing stops.

Scalp Mode: In ranging or low-volatility conditions, CoreX G switches to a scalp engine that hunts minor pullbacks near support/resistance or minor swing pivots, aiming for 10–15 pip targets.

This versatility keeps drawdowns modest, as the EA doesn’t overtrade in choppy markets or chase exhausted trends. Every position is shielded by an intelligent stop-loss and breakeven logic to lock in profits when possible. Plus, CoreX G EA V1.7 MT4 is 100% free on ForexFactory.cc, courtesy of YoForex’s mission to empower traders, no matter your budget or experience level.

Key Features

• Hybrid Trend-and-Scalp Algorithm – Seamlessly switches between trend-following and scalp logic based on market volatility and momentum.
• Multi-Timeframe Confirmation – Trend entries require H4 confirmation: H1 crossovers validated by H4 momentum filters reduce false breakouts.
• Adaptive Risk Management – Uses dynamic position sizing based on account equity and Average True Range (ATR). Lot sizes adjust automatically to maintain a consistent risk percentage per trade.
• Fixed & Trailing Stop-Loss – Every trade has an initial SL (configurable in pips) and a smart trailing stop that follows price with a user-defined ATR multiplier.
• Breakeven & Partial Profit Lock – Configurable breakeven point moves SL to break even once a minimum profit threshold is reached. Partial positions close automatically to lock gains.
• Volatility Filter – Trades are blocked when real-time ATR (M15) exceeds a threshold, preventing entries during erratic conditions (e.g., high-impact news).
• Spread & Slippage Safeguards – Disallows new trades if spread or slippage exceeds defined limits, protecting your equity in illiquid hours.
• Customizable Parameters – Adjust input settings like risk per trade (0.5–5%), ATR multipliers, session filters, and maximum open trades.
• Minimal Drawdown Mode – Optional “LowRiskMode” reduces lot size by 50% and tightens SLs for traders who prefer conservative equity growth.
• VPS-Friendly & Low CPU Usage – Lightweight code runs 24/7 on any stable VPS, ensuring uninterrupted performance without hogging resources.
• Transparent Backtest & Live Reports – YoForex publishes detailed backtests (2010–2020) and verified live records, so you know exactly what to expect before going live.

Backtest Proof & Live Performance

YoForex’s development team backtested CoreX G EA V1.7 MT4 on a $1,000 account from January 2010 through December 2020, using EURUSD H4 with 99% tick data and realistic spread assumptions. The result? Net profit of $35,200 with a maximum drawdown of 8.2%—that’s a compound annual growth rate (CAGR) of 26%, even accounting for sideways markets and spikes in volatility. The equity curve shows consistent stair-step growth, with occasional small drawdowns that quickly recover once volatility subsides.

In live trading, YoForex ran CoreX G EA V1.7 MT4 on AUDUSD and GBPUSD H1 charts over the past six months. Starting with $1,500, the account recorded a 14.5% net gain with a maximum drawdown of 7.9%. Importantly, live trades closely mirrored the backtest signals—conveying that the hybrid logic holds up under real-world conditions. Risk metrics (e.g., Sharpe ratio of 1.75) remain robust, and traders report smoother equity curves than many trend-only or scalp-only EAs.

Installation & Setup

Download the EA
Head over to the CoreX G EA V1.7 MT4 thread on ForexFactory.cc and download CoreXG_EA_V1.7.ex4 along with recommended .set files.
Download Link: https://www.forexfactory.cc/showthread.php?t=XXXXX

Copy Files to MT4

Open MetaTrader 4.

Navigate to File → Open Data Folder → MQL4 → Experts.

Paste CoreXG_EA_V1.7.ex4 into the Experts folder.

Copy each .set file (e.g., CoreXG_EURUSD_H4.set) into MQL4 → Presets.

Restart MT4

Close and reopen MT4 so the newly added EA appears under Navigator → Expert Advisors.

Attach EA to Chart

Open a new H4 chart (for example, EURUSD).

Drag CoreXG_EA_V1.7 from the Navigator onto the chart.

In the Inputs tab, click Load and pick the matching .set file (e.g., CoreXG_EURUSD_H4.set).

Under Common, ensure Allow Live Trading and Allow DLL Imports are checked.

Verify EA Status

Look for the smiley face icon in the top right of your chart. If it’s green, CoreX G EA is running.

For a visual guide, see the screenshot “MT4 Navigator panel showing CoreX G EA.”

Once set up, CoreX G EA V1.7 MT4 will begin scanning for trend and scalp opportunities based on your chosen pair/timeframe.

Why YoForex-Powered Tools?

YoForex is all about democratizing high-quality trading tools—no subscriptions, no hidden fees, and no locked-away “pro” versions. When you download CoreX G EA V1.7 MT4 from ForexFactory.cc, you get:

100% Free Lifetime Updates – As markets evolve, so do our EAs. You won’t pay a penny for new versions.

Continuous Optimizations – Our MQL4 developers fine-tune strategies monthly, adapting to shifts in liquidity, volatility, and broker execution.

Open Performance Records – We post complete backtest and live statistics on ForexFactory.cc. No smoke, no mirrors—just raw data you can verify.

Dedicated Support Team – Questions? We’re online via WhatsApp or Telegram to assist with settings, broker compatibility, or technical troubleshooting.

Support & Disclaimer

Need help setting parameters or troubleshooting? YoForex’s support channels are open around the clock:

WhatsApp: https://wa.me/+443300272265

Telegram: https://t.me/yoforexrobot

Disclaimer: Trading forex involves risk. CoreX G EA V1.7 MT4 can and will lose money during choppy or highly volatile periods. Past performance does not guarantee future results. Always demo-test CoreX G EA on a virtual account before risking real capital, and start with the recommended minimum balance ($500 for H4 trend runs).

How It Works (FAQ-Style Bullets)

Which pairs/timeframes are best?
Primarily EURUSD and GBPUSD on H4 for trend mode; AUDUSD and USDJPY on H1 for scalp mode. Ultimately, backtest your own preferences.

Minimum recommended deposit?
$500 for H4 trend trading, or $300 for H1 scalp use. CoreX G EA will scale down lot sizes if you have less equity, but performance may be limited.

Does it use martingale or grid?
No—CoreX G EA V1.7 MT4 relies on fixed-risk entries with adaptive lot sizing. No martingale, grid, hedging, or risky money-management gimmicks.

How are trades triggered?
Trend entries require H4 confirmation of MA cross plus momentum filter. Scalp entries look for minor pullbacks within pre-identified support/resistance zones on H1.

What brokers are recommended?
ECN/PRO accounts with sub-1 pip average spread—RoboForex and IC Markets work well. Avoid high-spread brokers like standard retail accounts.

Is a VPS necessary?
Yes—CoreX G EA is designed for 24/7 operation. A reputable VPS with ≤ 30ms latency to your broker’s servers is ideal.

Call to Action

Ready to tap into a hybrid trend-and-scalp EA without spending a cent? Download CoreX G EA V1.7 MT4 now and start demo testing within minutes. Experience the best of both worlds—a tool that finds big moves in trending markets and snags quick scalps when price consolidates.

Download Link: https://www.forexfactory.cc/showthread.php?t=XXXXX

Remember, YoForex’s support team is a message away on WhatsApp or Telegram if you need any help configuring the EA or interpreting results.