Dolphin EA — MT4 Recovery Grid, Real Account 234 Trades
Dolphin EA ran a verified real account at IC Markets producing 234 trades with a 2.18 profit factor and just 1.00% peak drawdown — a risk-to-return ratio rarely documented at this trade count. That account closed active in March 2021, making it a historical benchmark rather than current proof. The EA originates from developer Sergey Kruglov on MQL5.
🔹Vender Website: View here
Why Traders Choose Dolphin EA
- ✅ Verified track record: Real IC Markets account — 234 trades, 2.18 profit factor, 1.00% drawdown — costs acceptance that data is from 2020–2021, not current.
- ✅ Recovery basket logic: Grid-spaced positions close as a basket on a shared TP — harvests mean-reversion moves ordinary scalpers miss. Compare EA strategies
- ✅ Spread and drawdown filters: Max-spread gate and drawdown stop pause new orders — limits compounding exposure during adverse conditions.
- ✅ Autolot scaling: Position size adjusts to account balance automatically — 0.01 lot per 2,000 account units keeps risk proportional as equity grows.
- ✅ MT4 native: Single-platform build with no MT5 dependency — install, configure, run. Need MT5? Browse MT5 alternatives
Dolphin EA Performance
The verified real account at IC Markets (1:500 leverage) returned 5.05% total gain over an active window from October 2020 to December 2020, with a 2.18 profit factor, 73.1% win rate, and a 1.00% peak drawdown across 234 trades. Monthly average return documented at 3.06%.


| Metric | Result |
|---|---|
| Tracking Period | Oct 19, 2020 – Dec 01, 2020 |
| Account Type | Real — IC Markets (USD) |
| Total Trades | 234 |
| Total Return | +5.05% |
| Monthly Average | 3.06% |
| Peak Drawdown | 1.00% |
| Profit Factor | 2.18 |
| Win Rate | ~73.1% |
| Avg Win / Loss | 5.54 pips / –5.37 pips |
⚠️ Risk disclosure: Dolphin EA breaks when price trends persistently in one direction without mean-reverting — the grid basket stacks open positions with no individual hard stop, and margin exposure compounds with each new layer. This is a structural weakness inherent to grid recovery logic — it cannot be removed, only sized for. The documented controls are a max-spread filter and drawdown stop that pause new orders once a threshold is hit; these reduce new exposure accumulation but do not close the existing basket. A 2025 demo account (FBS, 1:500) running an open basket of 16 trades showed 14.07% drawdown against a 2.20% gain — that ratio illustrates the worst-case basket imbalance this strategy can carry. Sizing at 0.01 lot per 2,000 account units and maintaining sufficient free margin are the primary structural mitigations; post-mitigation outcome classification requires 90-day demo testing before live deployment.
Historical live results from Oct–Dec 2020. Market structure may have changed. Recent demo validation 90+ days mandatory before live deployment.
How Dolphin EA Works
- Mechanism: Grid-spaced basket system — opens layered positions at defined intervals, targets collective basket TP to close all positions together in ranging conditions.
- Signal Trigger: Built-in directional filters initiate entry; exact indicator stack not publicly disclosed by developer.
- Position Close: Entire basket closes at shared take-profit level; no individual stop-loss on official MQL5 build.
- Exposure Limits: Max-spread filter blocks new entries above threshold; drawdown stop pauses all new orders when account DD reaches set level — existing basket remains open until TP.
- ✅ Optimal conditions: Ranging or oscillating markets • Low-spread ECN execution • Stable leverage 1:500 account
- ⚠️ Avoid when: Strong directional trend with no pullback • Widening spreads during news events or rollover
Recommended Settings
| Specification | Requirement |
|---|---|
| Platform | MT4 only |
| Currency Pairs | EURUSD primary; GBPUSD supported on some builds |
| Timeframe | Not documented — verify via setfile |
| Minimum Deposit | $500 |
| Recommended Deposit | $1,000–$2,000 for adequate basket margin |
| Leverage | 1:500 (used on verified account); 1:30 minimum claimed |
| Broker Type | ECN/STP, hedging-enabled, low spread — IC Markets verified |
| VPS | Recommended for uninterrupted basket management |
Who Should Use Dolphin EA
✅ Purchase this EA if you:
- Run MT4 with a hedging-enabled, ECN broker (IC Markets or equivalent)
- Hold $1,000+ capital to sustain basket margin without margin-call risk
- Understand grid recovery logic and accept no individual trade stop-loss
- Can run a VPS for continuous execution during open basket positions
✅ Performance verified with:
- Real IC Markets account, 1:500 leverage, $1,009.80 initial deposit
- 234-trade real account producing 3.06% monthly average, 1.00% peak drawdown
Product Download Package Includes
✅ Experts: Dolphin EA v1.0_fix.ex4
Frequently Asked Questions
What results can I realistically expect with Dolphin EA?
Is Dolphin EA a grid EA or a hedging EA — the descriptions conflict?
The live Myfxbook account is from 2020 — is there current proof this EA still works?
What specific entry conditions trigger a trade?
How much capital do I need to get started with Dolphin EA?
What are the main risks and how does Dolphin EA handle them?
Which brokers and account types work best with Dolphin EA?
What support do I get after purchasing?






















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