Challenger X EA MT4 v1.1 with SetFiles (Unlimited)

What is Challenger X MT4?

Challenger X is a professional Expert Advisor (EA) built for automated trading with a strong focus on stability, adaptability, and risk management. It combines intelligent grid logic with smart market filters and strict daily controls, making it ideal for prop firm challenges and conservative traders seeking controlled growth and consistent performance.

 Vendor website: View here

About the Author

This product is compiled by CyberCapital. This author has more than +3 years of experience working on MyFxBook with many famous products such as Challenger X MT4, Midas EA MT4, Loki EA MT4, AGI EA MT4, CyberCapital EA MT4 and other advisors. Among them, Challenger X EA is his best performing product.

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Challenger X EA MT4 Review

Key Features of Challenger X for MT4

🔹 Daily Drawdown Protection: Built-in daily loss limits automatically close trades to protect accounts from violations.
🔹 Daily Profit Locking: Stops trading after reaching a set daily profit to secure gains and ensure consistency.
🔹 Smart Market Filters: Uses RSI and ADX logic to avoid low-quality or overextended market conditions.
🔹 Flexible Money Management: Supports dynamic lot sizing or fixed lots to match different risk profiles.
🔹 Exposure Control System: Limits maximum trades and grid depth to maintain stable account behavior.

What is the Challenger X MT4 Trading Strategy?

🔹 ATR-Based Grid Logic: Adjusts grid spacing dynamically based on market volatility for smoother execution.
🔹 Trend-Aware Entries: Detects market direction to align grid trading with prevailing trends.
🔹 RSI Grid Filter: Prevents new grid entries during extreme price conditions to reduce drawdown risk.
🔹 ADX Market Quality Filter: Avoids weak or noisy markets, improving overall trade reliability.
🔹 Structured Exit Management: Uses break-even, trailing stop, and profit targets for disciplined closures.

Challenger X MT4 Review

The Challenger X has been verified profitable by MyFxBook in the long term and has achieved impressive returns. The advisor shows good XAUUSD (Gold) trading potential and high profit rate.

 Initial Deposit: $100,000
 Total Gain: +21.76%
 Average Daily Profit: 0.68%
 Average Monthly Profit: 22.59%
 Maximum Drawdown: 5.15%

Challenger X MT4 Myfxbook

Challenger X MT4 Review

Why Choose & Use Challenger X EA?

🔹 Prop Firm Friendly: Designed to respect daily loss and profit rules common in funded accounts.
🔹 Focus on Stability: Prioritizes capital protection and controlled drawdowns over aggressive returns.
🔹 Adaptive to Market Conditions: Adjusts behavior based on volatility and trend strength.
🔹 Low-Stress Automation: Reduces emotional trading with clear rules and automated risk control.
🔹 Marketplace Ready: A solid choice for traders seeking a reliable, risk-aware grid Expert Advisor (EA).

Recommended settings

Recommended settings and parameters to pay attention to from developers and experts:

 Reviewed by David Easton

Product Download Package?

The download package of the product suite includes:

1. Experts:

SerialKey.txt
SerialKey Settings.png
Challenger X EA v1.1.ex4

2. Libraries:

CyberCapitalLib.ex4

3. SetFiles:

High Risk_M5.set
Balanced Risk_M5.set
Medium Risk_M5.set

➡️ Setting Guide: View here

Conclusion

In short, Challenger X EA is a well-balanced automated trading solution designed for traders who prioritize stability and strict risk control. With built-in daily drawdown protection, profit locking, and smart RSI–ADX market filters, it aligns perfectly with prop firm rules. Optimized for XAUUSD, Challenger X delivers controlled growth and consistent performance without aggressive exposure.