Fisherman MT5
- Experts
-
Agus Santoso
DISCLAIMER ON : The author of EA will not be held responsible for your losses or problems of any kind if the EA is directly or indirectly responsible for any losses.
Our software is provided “as is”, without any warranty or condition of any kind, express, implied or statutory. - Version: 2.3
- Updated: 11 January 2026
- Activations: 5
MT4 Version : https://www.mql5.com/en/market/product/127890
MT5 Version : https://www.mql5.com/en/market/product/127891
Fisherman EA
Advanced Volatility Breakout Grid for Gold & Forex
Fisherman EA is a powerful breakout grid trading system built for traders who want to capture strong market movements using structured pending orders and intelligent volatility adaptation.
Designed especially for Gold (XAUUSD) and other high-volatility instruments, Fisherman combines a two-sided breakout grid, dynamic distance, and comprehensive risk control & daily target management — making it suitable for both aggressive growth and controlled trading approaches.
Core Strategy — Smart Breakout Grid Trading
Fisherman places Buy Stop and Sell Stop pending orders simultaneously above and below the current price.
Instead of predicting direction, the EA allows the market to decide — and then manages the move using dynamic lot progression and cycle-based profit control.
This makes it ideal for:
Gold scalping strategies
Volatility breakout trading
London & New York session expansion
High-impact movement capture
Volatility Adaptive System
Unlike fixed-pip grid systems, Fisherman uses Volatility Adaptive System to dynamically calculate grid spacing.
This means:
Wider spacing during high volatility
Tighter spacing during calm markets
Better adaptability across symbols
Reduced over-trading in extreme conditions
The dynamic step profile (NextPip) allows traders to fully customize how aggressive or conservative the breakout grid behaves.
Perfect for:
XAUUSD scalping
Forex major pairs
Indices with session volatility
Dual Operating Modes
Automatic Mode
The EA:
Creates pending breakout grid automatically
Manages entries, cycle closure, and protection
Rebuilds grid after cycle completion
Assistant Mode
Manual-friendly mode with on-chart buttons:
Pending Order → instantly deploy grid
Close All → close positions and delete pendings
This flexibility allows traders to:
Combine discretionary analysis with automation
Trigger breakout grids during specific setups
Advanced Money Management
Fisherman includes multiple lot control systems:
Fixed Lot
AutoLot (balance-based calculation)
Multiplier progression (geometric scaling)
AddLot progression (linear scaling)
This allows you to configure:
Conservative low-risk grid
Medium growth strategy
Aggressive compounding mode
All lots are automatically normalized to broker specifications.
Full Risk Control & Daily Protection
Risk management is built into the core of the EA.
Cycle-Based Protection
Take Profit in Money ($)
Stop Loss in Money ($)
Take Profit in Percent (%)
Stop Loss in Percent (%)
Daily Target & Daily Loss Limit
Daily profit target (money or percent)
Daily maximum loss control
Automatic trading halt when daily limit is reached
This makes Fisherman suitable for:
Funded accounts
Prop firm trading rules
Controlled portfolio management
Session Filter & Time Control
You can define:
Start and End trading hours (server time)
Optional daily force-close time
Automatic pause until next trading session
Perfect for:
Gold scalping during London/NY session
Avoiding low-liquidity Asian ranges
Session-based breakout trading
Safety Features
Magic number protection
Comment-based order filtering
Account limit order checks
Margin availability validation
Automatic normalization to broker lot rules
Why Fisherman?
✔ Designed for high-volatility markets like Gold (XAUUSD)
✔ Volatility adaptive grid
✔ Breakout-focused strategy
✔ Daily target & risk control system
✔ Session filter for professional trading
✔ Automatic & Assistant mode flexibility
Recommended Usage
Best suited for:
XAUUSD (Gold)
EURUSD, GBPUSD
Volatile indices (depending on broker conditions)
Always test and optimize settings according to:
Broker spread
Execution speed
Trading session
Risk tolerance
Risk Disclaimer
Fisherman EA uses a breakout grid strategy that may experience drawdown during ranging or choppy market conditions.
Proper risk management, lot configuration, and daily protection settings are essential.
The author is not responsible for any losses resulting from the use of this software.

