Logan MT5
Version3.19updated
Logan MT5 is a gold Expert Advisor for MetaTrader 5, published by Thierry Ouellet. The listing publishes no live signal, so there is no track record to measure here — the figures on this page stay blank until one is available.
- No live signal published on the listing
- Minimum deposit stated as $1000
- Around 17 copies sold a month
- Total return
- +14.7%
- 1 monthsno fixed scale
- Max drawdown
- 2.1%
- 5 days to recover0–100% below the running peak
- Profit factor
- 2.26
- gross win ÷ gross loss1.0 at the centre, 3.0 at the rim
- Win rate
- 79.5%
- 88 trades0–100% of closed trades
- Recovery factor
- 6.37
- net profit ÷ worst fall0 at the centre, 10× at the rim
- Sharpe
- not disclosed
- on monthly returnsno fixed scale
Computed from No live signal published on the MQL5 listing.
Logan MT5 Kept Score
Four measured quarters out of 100. Every input is a figure printed elsewhere on this page, read against a band that is the same for every product on the site.
55
out of 100
from trade history
- Evidence2.8 / 25
88 trades over 1 months
against 0 at the floor, 24 months at full, and 0 at the floor, 500 trades at full
- Risk control24.5 / 25
2.14% worst drawdown
against 0–100% below the running peak
- Consistency15.7 / 25
2.26 profit factor
against 1.0 at the centre, 3.0 at the rim
- Return on risk15.9 / 25
6.37× recovery factor
against 0 at the centre, 10× at the rim
- Grid / basket positions−4
How the Kept Score is worked out, and every product scored →
Logan MT5 screenshots
5 images from the seller's listing, shown as published. Nothing on them has been measured by this site — the figures elsewhere on this page are the check.
Images © the seller, served from the marketplace. See the original listing ↗
Logan MT5 live signal record
Account growth
88 closed trades from 20 Aug 2026 to 25 Sept 2026.
The shape of the record
Six measures on fixed scales — the same scales for every product on this site.
- Winning trades0–100% of closed trades
- Losing trades0–100% of closed trades
- Maximum drawdown0–100% below the running peak
- Profit factor1.0 at the centre, 3.0 at the rim
- Recovery factor0 at the centre, 10× at the rim
- Profitable months0–100% of months in the record
Where the balance came from
Trading profit against the money paid into and taken out of the account.
Time spent below the previous peak
Deepest fall 2.1%, over 5 days.
Result by month
100% of months finished up.
Download
Download and pricing
Logan MT5 free download
There is a free download, and it is the demo MQL5 hosts on the listing itself. It is the full algorithm, restricted to the MetaTrader 5 Strategy Tester — you can backtest it on your own broker's history for nothing. What it cannot do is trade a live or demo account. That needs the paid version.
Free demo
$0
- Runs in the MetaTrader 5 Strategy Tester
- Backtest on your own broker's price history
- Cannot trade a live or demo account
- Downloaded 2,043 times
Full version — from us
$29.99save 90%
- Trades live and demo accounts
- 10 activations per licence
$289on the MQL5 Market- Licensed by the seller — the same build
The demo link goes to the seller's own MQL5 listing, where the free demo is hosted. The paid version is sold by us under licence — it is the seller's build, not a copy or a repack, and the MQL5 listing is linked above so you can compare the two before you buy. Anything offering a paid Expert Advisor as a freelive download is pirated, unsupported, and a common way to get a trading account drained by a modified build.
What Logan MT5's record shows
Grid / basket positions
Up to 5 positions were held on XAUUSD at the same time. Baskets like this share one adverse move, so the account's real exposure is the whole ladder rather than any single trade.
How this was measured
- Peak simultaneous positions
- 5
- Symbol
- XAUUSD
- Measured from
- overlapping open/close times
Short track record
88 trades over 1.2 months. Metrics from a record this size are indicative rather than conclusive — a strategy needs to meet a market it dislikes before its drawdown figure means much.
How this was measured
- Trades
- 88
- Months
- 1.2
How Logan MT5 trades
Read off the record rather than the sales page: how long it holds, which way it leans, and what market the figures actually describe.
Built around one market
Everything here is XAUUSD. A single-market record says nothing about how it behaves anywhere else, so read every figure below as being about XAUUSD alone.
Where the money came from
The same totals the listing publishes, divided into the numbers that say whether an edge is real and whether it would survive being run on a different account.
Money won against money lost
Its profit factor is 2.26 — gross profit divided by gross loss.
Where the edge comes from
It wins 79.5% of the time, but its average win is only 0.6× its average loss. The edge is frequency, not size — it needs about 63% of trades to win simply to break even.
Growth, per month
+14.7% total over 1 months compounds to +12.3% a month. The monthly rate is the comparable number: a total says as much about how long an account ran as about how well it traded.
What could go wrong with Logan MT5
Every figure here is already in the record. These are the parts of it a summary table averages away.
Profit against the worst dip
It made 6.4× its deepest drawdown in total profit. Above one means the record has more than covered its own worst stretch.
What Logan MT5 needs from your account
Cost and account size, against the drawdown this record already produced.
What the minimum really means
The listing asks for $1,000 minimum. At the 2.1% drawdown this record already produced, an account that size would have been $21 down at the worst point — on the tracked account, at its settings. Yours will differ.
The licence against the account
At $289, the licence costs 28.9% of the $1,000 minimum deposit it asks for. That is the first drawdown, and it lands before a single trade.
The account these figures came from
Every figure above comes from one account that opened with $2,000. A different size, a different broker or different settings is a different result.
What buyers say
Counted from the reviews MQL5 publishes on the listing. We count the subjects raised and the ratings given; we do not reprint the reviews.
What the marketplace scores it
4.26 out of 5 from 44 reviews on MQL5. That is a rating of the purchase — the seller, the support, the documentation — and only indirectly of the trading.
The rating, split three ways
MQL5 scores it 4.20 on description, 4.20 on reliability and usability, and 4.30 on support. Buyers rate reliability and usability lowest, which is the part the headline number averages away.
What buyers actually write about
Across the 20 most recent reviews, losses and drawdown comes up most often — 10 of them mention it. Losses and drawdown is the subject appearing most in the negative ones.
How the recent ones split
Of the 20 reviews the listing serves, 12 rate it four stars or better and 6 rate it two and a half or worse. This is the most recent page rather than every review ever left, which means it describes the version on sale now.
Who maintains it
How recently it was touched, how long it has been sold, and what the marketplace record says about the seller.
Whether anyone is still working on it
Version 3.19, last updated 24 Sept 2026 — within the last month. A system still being touched is one whose author is still answering for it.
How long it has been on sale
Listed since 25 Jun 2026, about 4 months. A short listing history means the record you are reading has not been through much yet.
Who is behind it
MQL5 gives Thierry Ouellet its badges for “Sold more than 100 products”. Those count marketplace volume, not trading results — a seller can move a great many copies of something that loses money.
Logan MT5 vs Smart Gold Hunter vs Cepheus
How Logan MT5 stands against two other measured tools on the site, on the ratios that do not depend on account size. Every figure is computed from that product's own record; the marker shows which leads on each measure.
- Profit factorEverything won divided by everything lost
- 2.26
- 1.84
- 5.66▲
- Payoff ratioAverage win divided by average loss
- 0.58
- 0.59
- 0.81▲
- Max drawdownDeepest fall from a previous high
- 2.1%▲
- 14.0%
- 4.0%
- Recovery factorNet profit per unit of worst fall
- 6.37
- 6.90
- 6.98▲
- Growth per monthTotal growth compounded to a monthly rate
- 12.28%
- 14.55%
- 79.02%▲
- Win rateNot scored — a high win rate is only good if the payoff supports it
- 79.5%
- 75.8%
- 87.5%
Cepheus leads on 4 of the 5 measures that could be decided — Logan MT5 on 1. The full comparison lists what the records do not share.
Logan MT5: common questions
The four things people search for about this product, answered from the record rather than from the sales page.
Is there a Logan MT5 free download?
Yes — a free demo. Logan MT5 is sold on the MQL5 Market, and every listing there carries a demo you can download at no cost. It is the full algorithm limited to the MetaTrader 5 Strategy Tester, so you can backtest it on your own broker history for nothing, but it will not trade a live or demo account. The full version is $29.99 from us, against $289 on the MQL5 Market. MQL5 records 2,043 downloads of it. Anything advertising the paid version as a free live download is a pirated build — usually modified, always unsupported, and a common way to lose an account.
Does Logan MT5 have a live signal?
No. The Logan MT5 listing on MQL5 does not link a public live signal, which is why this page shows no equity curve and no performance figures. Without a signal there is no forward record to check, and we do not publish estimates in place of one. Treat any performance claim about it as unverified until the seller publishes a signal.
Is there a Logan MT5 backtest?
Not one from us, and deliberately. A backtest is run by whoever is selling the product, on history and settings they choose, and it can be tuned until it looks good — which is why a flawless backtest and a poor live record so often sit on the same page. Instead this page measures 88 real trades over about 1 months of forward results, which is stronger evidence than any backtest: nobody can re-run it until it looks good. If you want a backtest, run your own: the free MetaTrader 5 demo does exactly that on your own broker's spreads, which is the only backtest whose assumptions you control.
Is there a Logan MT5 Myfxbook review?
Not that we can verify. Logan MT5 is not tracked on Myfxbook, and we will not point at a third-party page we cannot confirm belongs to this product — a name match is not proof. It publishes no MQL5 signal either, so there is currently no independently verified record of it trading anywhere. Reviews on the MQL5 listing itself rate the purchase — the seller, the support, the documentation — rather than the trading, which is what the measured figures on this page are for.
Logan MT5 specification
- Platform
- MetaTrader 5
- Type
- Expert Advisor
- Author
- Thierry Ouellet
- Symbols
- XAUUSD
- Timeframes
- M15
- Version
- 3.19
- Published
- 25 Jun 2026
- Last updated
- 24 Sept 2026
- Minimum deposit
- $1,000
- History measured
- 20 Aug 2026 – 25 Sept 2026
- Trades analysed
- 88
- Opening balance
- $2,000
- Data source
- No live signal published on the MQL5 listing
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