5.0/5 MQL5 · v2.91 · Thierry Ouellet · AI Score 7.1/10
Logan MT5 by Thierry Ouellet is a MetaTrader 5 XAUUSD M15 gold grid Expert Advisor that waits for multi-filter confirmation, then can recover with ATR-based grid spacing and dynamic lot progression—not a blind open-every-bar grid spam.
Listed at $249 on MQL5 (product 183166), version 2.91 (published 25 June 2026), 5.0/5 from 17 ratings and 1,116 demos. Official lives #2381035 (~+70% growth, PF 2.69, ~101% max DD) and #2379146 (~+37%, PF 3.20, ~153% max DD) show strong profit factors with account-crushing drawdowns on the published risk presets. Our AI score is 7.1/10. Work through the grid/recovery design and live-signal drawdowns below to judge whether ATR gold grid exposure fits your capital and risk tolerance. Treat the summary below as a pre-purchase check: does Logan MT5 align with how you trade and your tolerance for gold volatility and position sizing?
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Based on our analysis of Logan MT5, here is what the scores mean for traders evaluating this ATR gold grid EA:
What this means: Multi-filter entries (EMA alignment, ADX, tick volume, ATR band, spread, candle momentum) are a thoughtful gate before the first order—still not a win-rate guarantee once recovery legs open on volatile gold.
What this means: Live #2381035 (~+70%, PF 2.69) and #2379146 (~+37%, PF 3.20) show that growth is possible—but 100%+ max DD means those paths can empty the account on the way.
What this means: M15 gold with basket closes when the combined profit target hits. Many trades aim to exit on the first leg; recovery mode slows realization when gold runs against you.
What this means: Published maximal drawdowns near 101% (high risk) and 153% (medium-high) are severe for any grid+lot-progression system. Treat those presets as stress tests, not conservative targets.
What this means: Developer flow is simple: drag onto an M15 XAUUSD chart on a RAW/ECN account (avoid cent accounts). Still must size capital for grid recovery risk.
What this means: ATR spacing and dynamic lot progression adapt recovery distance to volatility—useful, but risk presets (high / medium-high / extreme) change outcomes dramatically.
What this means: MT5 + XAUUSD/GOLD M15 focus is clear. Needs RAW/ECN gold; listing recommends $1,000 min (0.01 lots) and $2,000+ preferred.
What this means: Perfect 5.0/5 across 17 ratings suggests buyers like the product and seller responsiveness—still verify on your broker before sizing up.
What this means: Version 2.91 on a June 2026 launch shows an active build; long-horizon live history is still forming.
What this means: 5.0/5 from 17 ratings and 1,116 demos is a strong early sample—read risk comments alongside praise, especially around recovery legs.
Our AI score of 7.1/10 positions Logan MT5 as a polished but high-risk XAUUSD grid option: confirmation filters and ATR recovery are smarter than naive gold grids, yet official lives with 100%+ max DD mean this is capital-intensive and can wipe accounts on adverse gold trends.
Best suited for: Experienced MT5 gold traders who accept grid + lot-progression risk, can fund $1k–$2k+ on RAW/ECN, and will demo the exact risk preset first.
Proceed with caution if: You need low drawdown or no-martingale systems—see ranked alternatives for other MT5 gold options.
EMA alignment across timeframes, ADX, tick volume, ATR band, spread, and candle momentum must agree before the first position opens.
Recovery legs use adaptive ATR distance instead of fixed pip grids—spacing expands/contracts with gold volatility.
Lot size can step up during recovery (martingale-style progression). Developer markets this as intelligent recovery—not blind spam—but risk rises with each add.
Designed for gold on M15 RAW/ECN accounts. Listing warns against unreliable cent accounts.
Compare High #2381035, Medium-High #2379146, and Extreme #2383149 before buying.
When the combined basket hits the profit objective, open positions close together—classic grid basket management.
Confirmation filters aim to open fewer, higher-quality first trades before any ATR recovery ladder starts.
Official risk tracks publish 100%+ maximal drawdowns—growth and PF look strong only if you survive the float.
Not set on gold grid recovery? See our ranked alternatives below—each with AI scores and a one-click compare view against this tool.
Official listing: Logan MT5 on MQL5. Live signals: #2381035 High Risk (~+70%, PF 2.69, ~101% max DD), #2379146 Medium-High (~+37%, PF 3.20, ~153% max DD), and #2383149 Extreme (shorter / higher-risk track).
Note: Per developer: use a RAW/ECN gold account, start from the stated minimum balance, and review the published risk tracks before going live. Reference: https://www.mql5.com/en/signals/2381035.
Logan MT5 is available on MQL5 (product 183166) for $249 USD (developer states a planned rise to $499). Includes 10 activations. A free MetaTrader 5 demo is available (1,116 downloads).
The listed buy price is $249 USD on MQL5 (product 183166). The developer states a planned increase to $499. A free demo is available (1,116 downloads). Includes 10 activations.
Yes. It is a gold grid EA with ATR-based recovery spacing and dynamic lot progression (martingale-style sizing during recovery). The developer emphasizes filtered first entries so many trades exit before recovery starts—but the risk model remains grid + lot progression.
Trade XAUUSD / GOLD on M15. Use a RAW/ECN account and avoid cent accounts per the listing.
Developer guidance: minimum $1,000 (0.01 lots), recommended $2,000+ on RAW/ECN gold.