Glimtrader: Automated MT5 Trading to Pass Prop Firm Challenges with Verified Results

This Glimtrader review in 2026 examines performance and provides an in-depth analysis of algorithm behavior under live trading conditions. The first part of the review compares verified results from funded accounts to backtested expectations and highlights how consistent 60-70% win rates align with the multi-timeframe approach. The analysis covers drawdown curves, trade distribution, and risk controls observed during live runs. Glimtrader stands out by combining a short timeframe entry model with higher timeframe confirmation, operating primarily on M15 for entries with H1 confluence for trend validation. The underlying algorithm monitors volatility and adjusts lot sizes automatically based on account equity and selected risk percentage. Unique features include a circuit breaker that pauses trading after three consecutive losses, an automated break-even plus trailing stop sequence, and explicit daily and total drawdown caps to meet prop firm constraints. This reviewer observed that Glimtrader handles trending conditions and moderate intraday volatility best, while it reduces exposure during choppy, low-trend markets. The developer, Precious Urudinachi Anusiem, has implemented conservative stop placement logic combined with dynamic take-profit scaling to favor small consistent wins while allowing winners to run when higher timeframe conditions support continuation. For MT5 users aiming to pass prop firm challenges, Glimtrader’s rule set and automation provide a transparent framework that balances growth and protection without excessive manual intervention.