Installation guide

How to Install BBFP Breakout Grid EA in MT5

Install the compiled EA, load the LOW_DD or HIGH_RISK preset and verify the trial expiry before attaching it to a live account.

Installation steps

1. Open data folderMT5 → File → Open Data Folder.
2. Copy EX5Place BBFP_Breakout_Grid_EA_v1.01.ex5 in MQL5\Experts.
3. Copy SET filesPlace both .set files in MQL5\Presets.
4. Refresh NavigatorRight-click Expert Advisors → Refresh, or restart MT5.
5. Open chartOpen XAUUSDm on the M15 timeframe.
6. Attach EADrag BBFP from Navigator onto the chart.
7. Load presetIn Inputs, click Load and select LOW_DD or HIGH_RISK.
8. Enable tradingTurn on Algo Trading and confirm the smiley face is active.

Which preset should be loaded first?

Load BBFP_LOW_DD.set first. It uses 0.25% initial risk, 0.75% maximum basket risk, two total grid positions and S1 only. Run it on demo and compare the trade list with the tester. Switch to HIGH_RISK only after you understand the additional exposure.

If your broker uses a different symbol suffix, update the symbol in the tester INI. The EA itself reads the chart symbol, so no suffix setting is required.

Checklist before live use

  • Use a hedging account so grid positions remain separate.
  • Confirm the EA says v1.01 and the trial expiry is before 15 December 2026.
  • Check InpMaxSpreadPips against your broker's live gold spread.
  • Confirm lot size is above the broker minimum and below the maximum.
  • Run the Strategy Tester with your broker's costs.
  • Forward test on demo for at least several weeks.
  • Do not increase grid risk to recover a losing basket.

Troubleshooting

ProblemCauseFix
EA not visible in NavigatorEX5 in wrong folder or MT5 not refreshedCopy to MQL5\Experts and refresh Navigator.
Inputs are greyed outEA is already runningRemove the EA or open its properties.
No tradesSession, spread, box or pivot filtersCheck the panel and test with a longer date range.
INIT_FAILED after 15 Dec 2026Hardcoded trial expiryObtain the $300 lifetime build or $800 source licence.
Grid positions mergedNetting accountUse a hedging account for separate grid positions.
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