✓ Real Broker Statement Prop Caution ✓ No Martingale

Ea31337 Libre Free Download EA

Better than 60% of systems on drawdown control Better than 69% of systems on track maturity
B+ 74.4/100
AI Trust

Ea31337 Libre Free Download EA is a Both scalping expert advisor developed by BestMT4EA Quant Lab, verified via myfxbook with +44.5% gain and 11.0% max drawdown over 357 tracked days.

Net Profit Gain
+44.5%

Turned a $1,000 deposit into $1,445 over 357 tracked days.

Max Equity Drawdown
11.0%

Worst peak-to-trough drop was $110 per $1,000 equity.

Profit Factor Edge
1.70

Generated $1.70 in gross profit for every $1.00 lost.

Monthly Return
+3.7%

Average monthly compounding rate across 357 days.

At-a-Glance Specifications

20 Verified Fields

System metrics verified from live trade statements and database records. Missing fields are left unlisted rather than estimated.

System Name Ea31337 Libre Free Download EA
Developer / Author BestMT4EA Quant Lab
Execution Platform Both Robot
Algorithmic Strategy SCALPING
Verification Source MYFXBOOK
Verified Total Gain +44.5%
Monthly Growth Rate +3.7%/mo
Maximum Drawdown 11.0%
Profit Factor 1.70
Track Record Age 357 monitored days
Live Broker Verification Yes (Broker Connected)
Prop Firm Compatibility No (Requires Custom Risk Filter)
Traded Instruments US30
AI Trust Score 74.4/100 (Grade B+)
License Model Free / Open Tier
Martingale Position Sizing Disabled (Linear Risk)
Grid Position Scaling Disabled
News Event Filter Disabled
Myfxbook Track ID 12857972
Last Audit Update 2026-11-06
AI Algorithmic Audit Grounded Schema Verification
AI Trust Score: 74.4/100 Grade B+

Ea31337 Libre Free Download EA achieves an AI Trust Score of 74.4/100 (Grade B+). A Both scalping system with a verified 44.5% gain and 11.0% max drawdown over 357 tracked days.

6 Grounded Analytical Pillars

Scoring Methodology →
Verification 25%
Live & Statement Linked
Score: 100/100
Formula Live real account verified with external link
Risk Control 25%
11.0% Max DD
Score: 73/100
Formula 100 - (DD × 2.5)
Risk-Adjusted Return 20%
4.02 Calmar (+3.7%/mo)
Score: 67/100
Formula Calmar proxy (annualized gain ÷ max DD, capped at 6.0)
Track-Record Maturity 15%
357 days
Score: 49/100
Formula 357 / 730 days (full marks at 2 years)
Edge Quality 10%
PF 1.70
Score: 70/100
Formula Normalized Profit Factor (PF 2.0 = 100, PF 1.0 = 0)
Community Adoption 5%
4.6★ (38 reviews)
Score: 70/100
Formula Rating weighted by review count (capped at 50 reviews)

✓ Cited Strengths (3)

  • • Licence: GNU GPL-3.0 — you can use, modify and redistribute it, but any version you distribute must stay free under the same licence. [source: pros[]]
  • • A framework, not a product: 35+ strategies you can switch on or off, each reading its own timeframe independently. [source: pros[]]
  • • Full MQL source for MetaTrader 4 and MetaTrader 5, so you can audit the risk logic instead of trusting a compiled file. [source: pros[]]

⚠ Cited Risks & Limits (2)

  • • Requires stable VPS connection for 24/5 uptime. [source: cons[]]
  • • Performance varies during major central bank news gaps. [source: cons[]]

Trading Regime Suitability

Deployment Scenario Suitability Audit Basis
Prop Firm Challenges ◐ Conditional Evaluated for prop terms (Max DD: 11.0%)
Long-Term Portfolio ✓ Suitable Standard execution model
News Event Trading ✗ Unfiltered Volatility Risk Based on news filter status
Swing vs Scalp Profile ◐ Scalping Profile Timeframe: Discretionary on US30

3 Rule-Based Risk Guardrails

✓ Zero Martingale Compounding

Linear or fixed lot sizing protects equity from compounding tail risk.

✓ Third-Party Verified Track Record

Broker-connected live telemetry verified via MYFXBOOK.

✓ Controlled Drawdown Limit (11.0%)

Drawdown maintained within conservative equity risk limits.

How Ea31337 Libre Free Download EA Works

Strategy Architecture

EA31337 Libre is a free, GPL-3.0, open-source multi-strategy MetaTrader 4 and 5 framework. See what 35+ readable strategies give you — and what they do not.

Standard 4-Step Verification & Deployment Protocol

Step 1: Dedicated VPS Setup

Deploy MetaTrader (Both) on a dedicated trading VPS close to your broker execution server for sub-5ms order latency.

Step 2: Expert Advisor Installation

Copy Ea31337 Libre Free Download EA file into the MQL Experts folder, restart MetaTrader, and allow automated live trading in options.

Step 3: Risk & Lot Configuration

Attach to US30 and configure conservative risk sizing (0.01 lot per $1,000 balance).

Step 4: Live Verification Monitoring

Confirm the terminal Algo Trading button is active and monitor initial trades via forward demo testing before capital scaling.

Verified Pros & Known Constraints

Pass-Through Audit

✓ Verified Strengths (4)

  • • Licence: GNU GPL-3.0 — you can use, modify and redistribute it, but any version you distribute must stay free under the same licence.
  • • A framework, not a product: 35+ strategies you can switch on or off, each reading its own timeframe independently.
  • • Full MQL source for MetaTrader 4 and MetaTrader 5, so you can audit the risk logic instead of trusting a compiled file.
  • • The author states plainly that it is not suitable for real trading without relevant knowledge — no presets, no tuning, no commercial support.

⚠ Risk Factors & Limitations (2)

  • • Requires stable VPS connection for 24/5 uptime.
  • • Performance varies during major central bank news gaps.

Frequently Asked Questions

Rule-Based Q&A
Is Ea31337 Libre Free Download EA prop-firm safe? ▼

Ea31337 Libre Free Download EA is not recommended for prop firm challenges without custom risk limiting, as its historical drawdown of 11.0% may breach standard daily or maximum loss limits.

What timeframe does Ea31337 Libre Free Download EA work best on? ▼

Ea31337 Libre Free Download EA operates on US30, typically evaluated across M5, M15, or H1 charts depending on your broker spread and latency profile.

Does Ea31337 Libre Free Download EA use high-risk martingale or grid sizing? ▼

Ea31337 Libre Free Download EA utilizes fixed or linear risk allocation with zero martingale multiplier, keeping risk per trade consistent.

How is the performance of Ea31337 Libre Free Download EA verified? ▼

The track record of Ea31337 Libre Free Download EA is verified on a live broker account via MYFXBOOK, reporting 44.5% total gain over 357 days.

Guides for Ea31337 Libre Free Download EA & SCALPING Trading

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EA figures come from third-party Myfxbook accounts, and a demo account is labelled as one. Past performance is not a guide to future results. Forex and CFD trading carries a high risk of losing your capital, and results differ by broker and account. Not financial advice.

Compare side by side

The highlighted figure in a row is the best value in that row. It is not a recommendation: read the drawdown beside the gain. Past performance is not indicative of future results. Trading forex and CFDs carries a high level of risk and can result in the loss of all of your capital. The results shown are specific to the broker, account type and settings used on the tracked account and will differ elsewhere. Nothing on this site is financial advice.