Meg 66: Automated MT5 Expert Advisor Delivering Balanced Buy/Sell Strategy and Results

This detailed Meg 66 review for 2025 presents an objective performance analysis using both backtests and verified live results. The review evaluates Meg 66 performance across major EUR/USD and GBP/USD pairs and compares simulated runs with documented live-account trades. Meg 66 distinguishes itself by combining a symmetric grid of four Buy and four Sell orders with momentum filtering, which reduces conflicting positions during strong trends while allowing layered entries during range-bound periods. The author, enzo marcon, designed the logic to favor small, frequent profits while capping maximum exposure per direction. What makes Meg 66 unique is the calibrated balance between trend following and mean-reversion. The algorithm opens initial entries based on indicator confluence, then adds predefined laddered orders at configured pip distances. Exit rules include profit targets per ladder and an aggregate exit when net position reaches a risk-efficient threshold. On MT5 the EA supports fixed lots and dynamic lot sizing tied to account equity, and it records trade metadata for forensic review. Risk management relies on aggregated drawdown limits, auto-disable after adverse spikes, and recommended minimum capital to avoid over-leveraging. In testing conditions Meg 66 tends to perform best during mixed volatility markets where occasional retracements offer ladder entries. Expected characteristics are moderate trade frequency, steady equity growth in favorable months, and sensitivity to large sustained trends and event gaps. The review highlights the importance of parameter tuning and continuous monitoring when deploying on live MT5 accounts.