Sharpshooter EA MT4 – EURUSD Grid System With Verified Demo Track Record

Sharpshooter EA is a multi-signal grid system trading EURUSD on MT4/MT5, combining Aroon, BB Divergence, and MACD Divergence entries with a MAMA-FAMA trend filter.

A tracked demo account recorded +117.38% total gain over roughly 34 months (June 2022 – April 2025) at a 16.80% maximum drawdown — meaning the strategy more than doubled the starting balance while keeping peak loss below one-fifth of capital.

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Key Highlights

• ✅ Three-signal confluence (Aroon + BB Divergence + MACD Divergence) filters low-probability setups before entry
• ✅ Demo-tracked +117% gain over 34 months with 16.80% max drawdown — consistent monthly compounding, not a spike
• ✅ Trades EURUSD exclusively on short intraday timeframes — average hold time under 3 hours per position
• ✅ Dynamic lot scaling with 35% max-loss circuit breaker limits runaway grid exposure automatically
• ✅ Grid trades only in the direction of the weekly MAMA-FAMA trend — avoids the blind martingale risk of competing grid EAs
• ✅ Runs on MT4 and MT5 — confirmed on Turnkey Forex at 1:500 leverage

Grid strategy involves elevated drawdown risk. Compare forex EA strategies before committing capital.

Performance Results

The official Sharpshooter EA demo signal on Myfxbook ran from June 3, 2022 to April 2025 — approximately 34 months of continuous tracking. Starting from a $5,000 deposit, the account reached a balance of $10,870, recording +117.38% total gain at a 0.08% average daily return. Monthly gain data confirms consistent compounding: January 2022 showed 2.31%, February 2023 showed 2.83%, and March 2025 reached 4.04% — no single month dominated the return curve.

This is a demo account, not a live account. Demo results eliminate real broker slippage, requotes, and execution delays. The 34-month window covers multiple market regimes, which adds credibility — but live deployment will experience friction this signal did not.

The grid mechanism introduces layered risk that the headline drawdown figure alone does not fully communicate. Maximum drawdown reached 16.80%, triggered when the grid added positions against an extended directional move in EURUSD. Control this by setting starting capital at $1,000 minimum ($2,000+ recommended), keeping the Risk Factor at 0.3 (default), and monitoring the Max % Loss setting (hardcoded at 35.0) which closes all trades if that threshold is hit. Under those settings, realistic outcomes range from partial recovery within weeks to full basket closure in fast-trending conditions. The 35% circuit breaker is your hard floor — do not disable it.

Demo account signal tracked June 2022 – April 2025. Market conditions evolve, and demo results exclude live execution costs. Run a 60-day demo to validate under current broker conditions before deploying live capital.

How It Works

Strategy: EURUSD-focused intraday grid system — opens in the direction of the weekly MAMA-FAMA trend, exploiting short-term mean-reversion pullbacks within trend.

Entry: Three-signal confluence required — Aroon crossover (5-min, period 25) plus BB Divergence plus MACD Divergence all align before entry triggers.

Exit: Trailing stop activates at 300 points, steps at 150 points; Aroon opposite signal closes position early if momentum reverses.

Risk Control: Dynamic lots at Risk Factor 0.3; grid adds in loss every 50 points; 35% max-loss hard stop closes all open trades automatically.

✅ Best conditions: Ranging EURUSD with clear weekly trend bias • Low-spread ECN execution • Stable broker with consistent 5-digit pricing

⚠️ Caution: Strong sustained EURUSD trends without retracement (grid deepens) • High-spread brokers above 1.5 pips • Major news events (hard news filter built in, but verify broker feed)

Technical Specifications

This EA runs on both MT4 and MT5. Confirmed via Turnkey Forex at 1:500 leverage.

Who Should Use This EA

✅ Ideal for:

• Traders comfortable with grid mechanics who understand that drawdown is a feature, not a malfunction
• EURUSD specialists who monitor positions during volatile sessions rather than set-and-forget entirely
• Traders with $2,000+ capital who can absorb temporary grid expansion without margin anxiety
• Prop firm challengers — 16.80% max drawdown stays within many evaluation limits. Browse more prop firm EAs

✅ Best results when:

• Running on a low-spread ECN broker with consistent sub-1.5 pip EURUSD spreads
• Demo-validated for 60+ days under current market conditions before switching to live capital

Download Package Included

• ✅ Experts:
  • Sharpshooter EA V1.1 (.ex4)
• ✅ Presets:
  • Sharpshooter EA_EURUSD_Signal.set

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Frequently Asked Questions