Onyx MT5
Version5.0updated
Onyx MT5 is a gold Expert Advisor for MetaTrader 5, published by Aliaksandr Chupryna. Its linked live signal covers 64 trades in 5 months, at a profit factor of 3.54 and a win rate of 95.31%. A win and a loss are 5.7× apart, so one loss undoes that many wins.
- 64 trades on the linked live signal
- 22 weeks of recorded history
- Tracked on an account opened with 1000 USD
- Around 30 copies sold a month
Onyx MT5 signal at a glance
The three panels from the MQL5 signal page, with the figures the marketplace itself plots. Its drawdown axis is the relative drawdown by balance — the same measure this site computes from the trade history further down. The equity figure, which counts floating losses on positions still open, is a different number and is printed beside it in the specification.
growth over 22 weeks
596%
No trade history stored, so the curve is not drawn.
VantageMarkets-Live 41:500
Transcribed from MQL5 live signal 2369976, statistics as published on the signal page. See the signal page ↗
- Growth
- +595.8%
- $27,865 on $1,000no fixed scale
- Max drawdown
- 18.9%
- $4,095 · by equity0–100% below the running peak
- Profit factor
- 3.54
- gross win ÷ gross loss1.0 at the centre, 3.0 at the rim
- Win rate
- 95.3%
- 61 of 64 trades0–100% of closed trades
- Payoff ratio
- 0.17
- average win ÷ average loss0 at the centre, 3.0 at the rim
- Recovery factor
- 6.80
- net profit ÷ worst fall0 at the centre, 10× at the rim
Transcribed from MQL5 live signal 2369976, statistics as published on the signal page, then recomputed. See the source ↗
Onyx 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.
63
out of 100
from published statistics
- Evidence4.3 / 25
64 trades over 5 months
against 0 at the floor, 24 months at full, and 0 at the floor, 500 trades at full
- Risk control20.3 / 25
18.85% worst drawdown
against 0–100% below the running peak
- Consistency25 / 25
3.54 profit factor
against 1.0 at the centre, 3.0 at the rim
- Return on risk17 / 25
6.8× recovery factor
against 0 at the centre, 10× at the rim
- Small wins, large losses−4
How the Kept Score is worked out, and every product scored →
Onyx MT5 screenshots
1 image 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 ↗
Onyx MT5 results, as published
This listing publishes totals rather than a trade history, so there is no curve to draw. Every figure below is recomputed from those totals.
The number the sales page leaves out
95.3% of trades win — but one loss undoes 5.7× wins.
Both figures come from the same published table. The win rate is advertised; the ratio between the average win and the average loss is not, and it is what decides whether the win rate has to hold.
What a win is worth against what a loss costs
Drawn to the same scale. The strategy needs to keep winning about 85.2% of the time simply to break even.
Best and worst single trades
The worst loss is 2.0× the average one, so losses stay close together.
Everything won against everything lost
A profit factor of 3.54 — what the account won for each unit it lost.
Trade outcomes
36 wins in a row at best, 1 losses at worst.
Direction taken
Which way the strategy took its positions.
No equity curve. This seller publishes account totals but not a trade-by-trade history, and building a curve out of totals would mean inventing the path between them. When a trade history is available for a product, its curve and drawdown chart appear here instead.
Download
Download and pricing
Onyx 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 792 times
Full version — from us
$29.99save 70%
- Trades live and demo accounts
- 10 activations per licence
$100on 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 Onyx MT5's record shows
Small wins, large losses
95.3% of trades win, but the average loss is 5.7× the average win. One losing trade erases roughly 5.7 winning ones, so the win rate describes how often it is right rather than how much it makes when it is.
How this was measured
- Win rate
- 95.3%
- Average win
- 636.71 USD
- Average loss
- 3658.19 USD
- Wins undone by one loss
- 5.7
Short track record
64 trades over 5.1 months. A record this size is indicative rather than conclusive — a strategy needs to meet a market it dislikes before its drawdown figure means much.
How this was measured
- Trades
- 64
- Months
- 5.1
- Weeks
- 22
Not checked: martingale position sizing, grid and basket exposure, stop-loss placement, gaps in the record. These need a trade-by-trade history, which this seller does not publish — so treat them as unknown rather than clean.
How Onyx 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.
How long it stays in
Positions last 10 min on average, which makes this a scalper whatever the listing calls it. Holding time decides how much the spread costs you and how much overnight risk you are carrying.
Which way it trades
Its 64 trades split 39.1% long to 60.9% short, so the result does not rest on the market having gone one way.
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
It won $38,839 and lost $10,975, a profit factor of 3.54. For every $1.00 it handed back it took $3.54 in gross profit.
Where the edge comes from
It wins 95.3% of the time, but its average win is only 0.2× its average loss. The edge is frequency, not size — it needs about 85% of trades to win simply to break even.
What one trade is worth
Averaged over 64 trades, each returned $435.38 on an account that opened at $1,000. That is the figure to multiply by your own trade count — not the headline growth.
Growth, per month
+595.8% total over 5 months compounds to +46.7% 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 Onyx MT5
Every figure here is already in the record. These are the parts of it a summary table averages away.
Two drawdowns, not one
Closed-trade drawdown reached 36.6% against 18.9% on equity. The larger figure is the one that counts: losing positions were carried rather than cut, and an account too small to sit through that gets closed out first.
The worst single trade
Its worst trade lost $7,233, 2.0× the average loss of $3,658. The account grew 4.0× over the record, which accounts for most of that spread — adjusted for it the worst loss is 0.5× the average. Adjusted, the losses cluster rather than fan out, which is the shape a stop produces.
Its longest cold spell
It lost 1 trades in a row at some point. At the average loss that is about $3,658, or 365.8% of the $1,000 the account opened with. Assume it happens again, and ask whether you would still be running it on the far side.
Profit against the worst dip
It made 6.8× its deepest drawdown in total profit. Above one means the record has more than covered its own worst stretch.
What Onyx MT5 needs from your account
Cost and account size, against the drawdown this record already produced.
The account these figures came from
Every figure above comes from one account that opened with $1,000 at VantageMarkets-Live 4. 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
3.91 out of 5 from 13 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 3.90 on description, 3.90 on reliability and usability, and 3.90 on support. Buyers rate reliability and usability lowest, which is the part the headline number averages away.
What buyers actually write about
Across the 13 most recent reviews, seller support comes up most often — 3 of them mention it. Price and value is the subject appearing most in the negative ones.
How the recent ones split
Of the 13 reviews the listing serves, 8 rate it four stars or better and 4 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 5.0, last updated 21 Aug 2026 — about 2 months ago. A system still being touched is one whose author is still answering for it.
How long it has been on sale
Listed since 28 Mar 2026, about 7 months. Long enough to have traded through more than one kind of market.
Who is behind it
MQL5 gives Aliaksandr Chupryna its badges for “Sold more than 500 products”. Those count marketplace volume, not trading results — a seller can move a great many copies of something that loses money.
Onyx MT5 vs Zerqon EA vs The Forex Exchanger MT5
How Onyx 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
- 3.54
- 1.36
- 3.65▲
- Payoff ratioAverage win divided by average loss
- 0.17
- 0.18
- 0.62▲
- Max drawdownDeepest fall from a previous high
- 18.9%
- 17.7%
- 12.3%▲
- Recovery factorNet profit per unit of worst fall
- 6.80
- 4.61
- 21.11▲
- Growth per monthTotal growth compounded to a monthly rate
- 46.69%▲
- 27.34%
- 5.39%
- Win rateNot scored — a high win rate is only good if the payoff supports it
- 95.3%
- 88.5%
- 85.5%
The Forex Exchanger MT5 leads on 4 of the 5 measures that could be decided — Onyx MT5 on 1. The full comparison lists what the records do not share.
Onyx 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 Onyx MT5 free download?
Yes — a free demo. Onyx 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 $100 on the MQL5 Market. MQL5 records 792 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 Onyx MT5 have a live signal?
Yes. Onyx MT5 publishes a live signal on MQL5 covering 64 trades over about 5 months, and MQL5 verifies it from the broker's own trade feed rather than from the seller. It shows 46.7% a month compounded, a deepest fall of 18.9% and a profit factor of 3.54. Every figure on this page is recomputed from that record, and the page links it so you can check the arithmetic yourself.
Is there a Onyx 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 64 real trades over about 5 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 Onyx MT5 Myfxbook review?
Not that we can verify. Onyx 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. Its verified record is the MQL5 signal linked on this page, which serves the same purpose: an independent platform reading the broker's trade feed directly rather than taking the seller's word for it. 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.
Onyx MT5 specification
- Platform
- MetaTrader 5
- Type
- Expert Advisor
- Author
- Aliaksandr Chupryna
- Symbols
- XAUUSD
- Version
- 5.0
- Published
- 28 Mar 2026
- Last updated
- 21 Aug 2026
- Tracked account
- VantageMarkets-Live 4 · 1:500
- Opening deposit
- $1,000
- Current balance
- $28,865
- Record length
- 22 weeks (5.1 months)
- Max drawdown by equity
- 18.85% · $4,095
- Max drawdown by balance
- 36.58% · $2,467
- Worst losing streak
- 1 trades
- Trades analysed
- 64
- Average hold
- 10 min
- Expected payoff
- $435 per trade
- Sharpe (as published)
- 0.27
- Data source
- MQL5 live signal 2369976, statistics as published on the signal page
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