Introduction


Sick of EAs that promise big profits but leave you hanging in drawdown hell? You’re not alone… tons of traders pour cash into grid bots that blow accounts when markets spike. Well, breathe easy—Jagoanneon EA V2 MT4 is here, 100% free on ForexFactory.cc and powered by YoForex. This smart grid scalper EA locks in small, steady gains on major pairs, adapts its grid spacing in real time, and keeps drawdown under tight control. No hidden fees, no trial periods—just download and let it run. Curious how it works? Read on, coz we’ve got the full rundown.


Download Jagoanneon EA V2 MT4
More free tools: check out our Newest EAs or swing by the Indicator section. Don’t miss real trader feedback in User Reviews.


Overview


Jagoanneon EA V2 MT4 combines classic grid trading with dynamic risk filters to scalp pips on M5 and M15 timeframes. Instead of static grids that blow up on volatile swings, this EA adjusts grid step and lot size based on current ATR readings—so it widens during chop and tightens when trend’s strong. Built in MT4’s native .ex4 format, it monitors price action and market sentiment indicators to open multiple small trades, then closes them in profit once the net gain hits your target.


YoForex’s dev team back-tested Jagoanneon from January 1, 2014 to April 30, 2025 using 99.9% tick data across EUR/USD, GBP/USD, USD/JPY, and AUD/USD. We also ran it live on a demo account for three months to fine-tune grid spacing and drawdown caps. The result? A smooth equity curve with drawdown rarely topping 4%, even through major news events.


How It Works



  • Adaptive Grid Sizing: ATR-based calculation adjusts spacing per volatility

  • Dynamic Lot Scaling: Increases lot size only when equity is in profit

  • Risk-Cap Filter: Halts new trades if drawdown breaches your set limit

  • News Pause Mode: Auto-pauses around high-impact economic releases


Key Features


• Grid scalping strategy with dynamic ATR filters
• Multi-pair support: EUR/USD, GBP/USD, USD/JPY, AUD/USD
• Customizable grid step & lot ratio (0.5–2.0x default)
• Fixed-risk or equity-growth lot sizing modes
• Drawdown cap with auto-shutdown to protect capital
• Built-in news filter for major events (NFP, FOMC, etc.)
• Real-time equity & balance tracking in chart panel
• Low CPU usage; ideal for 24/5 VPS hosting
• Non-repainting signals—what you see is what you get
• Sample .set files for quick start on all major pairs


Backtest Proof & Live Performance


EUR/USD M15 Backtest (2014–2025)



  • Total Trades: 3,820

  • Win Rate: 68.7%

  • Net Profit: +1,045%

  • Max Drawdown: 3.9%

  • Profit Factor: 1.98



Then we ran a 90-day live-demo on M5, trading only during London & New York sessions:



  • Average Weekly Gain: 1.3%

  • Peak Drawdown: 4.1%

  • Consistency: Profitable 25 of 26 weeks



Actual funded-account users report almost identical stats, showing this grid-scalper combo really works in real markets—no smoke and mirrors.


Installation & Setup



  1. Download JagoanneonEA_V2.ex4 from the ForexFactory thread.

  2. Copy it into your MQL4/Experts folder.

  3. Restart MT4 or click “Refresh” in the Navigator panel.

  4. Attach “Jagoanneon EA V2” to any M5 or M15 chart.

  5. Load the sample .set file (Jagoanneon_Default.set) under Inputs.

  6. Enable AutoTrading and configure alerts if you want pop-ups or emails.


Why Choose YoForex-Powered Tools?


YoForex isn’t just a coder collective; we’re traders who use our own tools daily. When you grab Jagoanneon EA V2, you get:



  • Free lifetime updates: Every tweak and improvement, on us.

  • Community feedback loop: We roll out monthly patches based on trader suggestions.

  • Full transparency: Backtest logs and live-demo stats are published openly—no hidden results.


Learn more about our mission on the YoForex About Us page.


Support & Disclaimer


Questions or hit a snag? Our team’s here for you—24/5:



We reply within 2 hours—‘coz every second counts in FX. Remember: past performance isn’t a guarantee of future results. Always demo-test new EAs and use solid risk management—set sensible lot sizes and stop-losses.


Call to Action


Ready to supercharge your grid scalping? Download Jagoanneon EA V2 MT4 now—completely free, no trial hoops, no hidden costs. Install in minutes, let it run, and watch those micro-wins stack up. If you need help, YoForex support’s just a click away.