Lizard EA MT5 v1.88 + Setfiles

Lizard EA – XAUUSD H1 Breakout Trading System for MetaTrader 5

Lizard is a MetaTrader 5 Expert Advisor that trades XAUUSD (Gold) on the H1 chart using six independent breakout strategies, according to developer Marco Scherer. Public MQL5 signals linked to the product show short-term account growth under high-risk settings, and the developer’s own backtests report profit factors above 3.0 on two published risk presets. This store delivers the Lizard EA v1.72 and v1.88 builds together with two setfiles, which differ from the current v1.90 marketplace listing.

⚡ Key Highlights

• 📈 Public MQL5 signals document short-term double- and triple-digit account growth under high-risk settings; see Performance Results for exact figures.
• ⚙️ Trades six independent XAUUSD H1 breakout strategies using pending Buy Stop/Sell Stop orders triggered by structural swing breaks.
• ⚠️ The developer describes the system as martingale- and grid-free, but an independent forensic audit of a separate version found grid-like position stacking with up to 10 concurrent trades.
• 🛡️ Includes an NFP news-pause filter, margin checking, and a configurable daily-loss input alongside per-zone or fixed-lot risk sizing.
• 🖥️ Built for hedging-enabled ECN/RAW accounts with VPS recommended for continuous H1 operation.
• 📦 This store delivers the Lizard EA v1.72 and v1.88 builds with two ready-made setfiles, not the current v1.90 marketplace version.

📊 Performance Results

Two MQL5 signals currently linked to Lizard show public, broker-recorded trading activity. The Lizard Armageddon 5% Risk signal started with $2,289.95 and grew to $5,650.23 over about four weeks, a 146.74% gain across 36 trades with an 83.33% win rate, a profit factor of 4.82, and balance/equity drawdown of 8.85%/4.47%. The Lizard ECN High Risk signal started with $500 and reached $579.64 over about six weeks, a 15.93% gain across 55 trades with a 74.54% win rate, a profit factor of 1.53, and balance/equity drawdown of 13.50%/3.06% on TradeMaxGlobal-Live at 1:500 leverage. MQL5 flags both accounts for short history, and the Armageddon account additionally for excessive recent growth and negative-slippage risk – treat these as early-stage public results, not settled long-term track records.

The developer’s MT5 strategy tester reports for XAUUSD H1 (2025.01.02-2026.07.24, $1,000 start, 5% risk) show a Normal preset with 1,043 trades, an 85.33% win rate, a profit factor of 3.90, and maximum balance/equity drawdown of 8.42%/10.40%. The High preset produced 1,036 trades with a lower profit factor of 3.37 and a larger maximum balance/equity drawdown of 9.93%/11.79%, reflecting its higher-risk configuration. These are backtest reports run by the developer, not independently audited or live results.

An independent forensic audit by EA Verdict examined a separate v1.87 tester report covering 21,524 trades through August 2026. After reconstructing realistic commission costs, it found a profit factor of 1.21, an EOD Sharpe ratio of 0.09, an EOD maximum drawdown of 2.5%, and 80% of total profit concentrated in three trading days, with up to 10 positions open simultaneously – a structure the audit classified as grid-like, contrasting with the developer’s grid-free description. A separate independent test of the older v1.85 build by EA X-Ray found fixed 0.01 lots and no grid inputs, so position-stacking behavior may differ by version. Since this store’s package includes the v1.72 and v1.88 builds rather than v1.87 or v1.90, verify stacking behavior on your own account before increasing size. Past performance does not guarantee future results.

⚙️ How It Works

Strategy: Lizard runs six independent XAUUSD H1 breakout strategies, each with its own magic number, stop loss, take profit, and risk weighting, according to the official product description.

Entry: The EA scans H1 swing highs and lows and places pending Buy Stop or Sell Stop orders beyond those levels. A breakout must trigger the pending order; a simple price touch does not open a trade.

Position / Grid Management: The developer states there is no Martingale, Grid, or averaging into losing positions, and that every trade carries a stop loss. An independent audit of a separate v1.87 tester report found grid-like position stacking with up to 10 trades open at once, while an independent test of the older v1.85 build found fixed 0.01 lots with no grid inputs. Confirm current stacking behavior on a demo account before increasing size.

Exit: The official description lists break-even, a trailing stop, a trailing take profit, a step-based “Magic Trail,” and a virtual stop loss.

Risk Control: Inputs include an NFP news pause, margin checking, a maximum daily drawdown input, and risk sizing set either as a fixed lot or a percentage per breakout zone.

Best Conditions: The EA is built around XAUUSD H1 breakouts and includes a time filter that blocks trading hours with a historical profit factor below 1.0, per the official listing.

Caution: Independent testing of the v1.85 build recorded an average trade holding time of about three minutes, shorter than the multi-day swing language used in some official marketing. Trade duration and position behavior may vary by version and preset.

🧩 Technical Specifications

🎯 Who Should Use This EA

Ideal for:

• Traders who want an automated XAUUSD H1 breakout system instead of manually watching swing levels.
• Traders comfortable running pending-order breakout strategies and monitoring for concurrent open positions during active breakout clusters.
• Traders able to operate a hedging-enabled ECN/RAW account with VPS hosting for uninterrupted H1 chart uptime.

Best results when:

• The broker offers low-spread ECN/RAW execution and leverage of 1:100 or higher.
• The account is funded above the $250 minimum and monitored rather than left fully unattended.

Not ideal for: traders who require a long, independently verified multi-year live track record, or who are uncomfortable with the possibility of multiple simultaneous open positions during breakout activity.

📦 Download Package Included

• Lizard EA v1.72.ex5
• Lizard EA v1.88.ex5
• Gold_H1_$1000.set
• Live Signal_Setfile.set

Your download link will be sent to your email address automatically after purchase is confirmed.

❓ Frequently Asked Questions