Twin Reaper Engine
- Experts
- Version: 1.1
- Activations: 10
Twin Reaper — Engine Edition
The same two grid engines as Twin Reaper, with every inner parameter exposed as an input. Where the original hardcodes its profile and trades GBPUSD only, this edition lets you tune each engine and run it on any symbol. Built for a hedging account. The defaults reproduce the stock Twin Reaper profile exactly, so out of the box it behaves identically.
👻 Phantom — USD-strength grid
On every signal-timeframe close it reads a 5-pair US-dollar-strength vote. When all five agree, it seeds a basket in the signalled direction, then adds against the move. The whole basket closes together on take-profit or a give-back trail. The 5 USD-strength signal pairs are hardcoded (the broker suffix is auto-detected).
💀 Wraith — Bollinger band grid
A candle that closes above the upper band opens/stacks a SELL; a close below the lower band opens/stacks a BUY. New rungs need a minimum distance from the last same-side order. Each side (buy/sell) is its own basket, closed by a give-back trail.
🛡️ Per-engine stops (new)
Each engine has two optional stops, in addition to the basket take-profit and give-back trail (set to 0 to disable):
- Basket SL (points) — close the basket if it runs this many points against the average entry.
- Equity-% SL — close the basket if its floating loss reaches this percentage of account equity.
Phantom applies these to its single basket; Wraith applies them per side. An account-wide circuit breaker (equity-drawdown % and margin-level %) flattens both engines and halts if breached.
Inputs
General: order comment • enable Phantom / Wraith • magic number per engine • logging on/off.
Phantom: seed lot • grid step (points) • max positions • martingale multiplier • basket TP (points) • basket SL (points) • equity-% SL • trail start / distance • slippage • signal timeframe. (The 5 USD-strength signal pairs are hardcoded.)
Wraith: seed lot • martingale multiplier • max positions/side • min distance between rungs • basket SL (points) • equity-% SL • trail start / distance • Bollinger period & deviation • slippage • signal timeframe.
Account guard: max equity drawdown % • min margin level %.
Default profile (= stock Twin Reaper)
- Phantom: 0.01 start lot • add every 500 pts • max 15 orders • martingale ×2 • basket TP 500 pts • trail start 300 / distance 100 • no SL • H1 signal.
- Wraith: 0.01 start lot • martingale ×1.25 • max 20 orders/side • min 200 pts between orders • trail start 200 / distance 50 • no SL • H1 signal (period 20, dev 2.0).
Requirements
- Hedging account (MT5) — both engines run grids on the same symbol.
- Any symbol. Attach to the chart of the symbol you want to trade and tune the point distances / lots to it — grid steps that suit GBPUSD may be wrong on gold, indices or crypto.
- Phantom's 5 signal pairs must exist at your broker; the symbol suffix is auto-detected.
- A VPS / 24-5 uptime is strongly recommended.
⚠️ Risk warning — read before use
This is a martingale grid EA. It carries a real risk of losing the entire account.
- No per-trade stop loss. A strong, sustained trend can keep stacking losing positions; the per-engine basket SL and equity-% SL are the only hard stops, and they are OFF by default.
- Martingale lot progression grows exposure fast and compounds drawdown.
- Baskets close on take-profit, give-back trail, or a stop you enable — floating drawdown can be large before that happens.
- Past performance does not guarantee future results. Backtest thoroughly and run on a demo account first — especially after changing parameters or the symbol.
- Use money you can afford to lose, keep the start lot tiny, and size exposure to your balance.
Trading leveraged products is high-risk and may not be suitable for everyone. You use this EA entirely at your own risk; the author accepts no liability for any losses.
Contact: https://t.me/trikohung
