Mad Turtle EA V6.5 MT5

This expert advisor has caught the attention of the serious trading community not because of insane 1000% monthly profit claims, but because of its technology. It claims to use ONNX (Open Neural Network Exchange)—a legitimate, open-source standard for machine learning models—to make trading decisions.

But does “real” machine learning translate to real profits? In this comprehensive review, we dive deep into the Mad Turtle EA V6.5. We will strip away the marketing, analyze the code logic, test the new “Portfolio Mode,” and tell you exactly how to set it up for the best chance of success.

What is Mad Turtle EA V6.5?

The Mad Turtle EA is a fully automated trading robot designed for MetaTrader 5 (MT5). Unlike traditional EAs that rely on static indicators like RSI or MACD, Mad Turtle utilizes machine learning models to analyze market structure.

The “ONNX” Difference

The core selling point of this EA is its integration with the ONNX library.

Standard EAs: Use linear logic (e.g., “If RSI > 70, Sell”). This is rigid and fails when market conditions change.
Mad Turtle EA: Uses non-linear logic. The developer has trained neural networks on vast amounts of historical data to recognize complex patterns. These models are then exported to the ONNX format, which MT5 reads directly to execute trades.

Why does this matter?

When you load Mad Turtle EA V6.5, you aren’t just loading a script; you are loading a pre-trained “brain.” The EA includes a system message during initialization that verifies the ONNX models are active, ensuring you aren’t being sold a fake AI.

Core Strategy: Trend Following on Steroids

While the AI handles the entry signals, the underlying philosophy is Trend Following.

Timeframe: It operates primarily on the H4 (4-Hour) timeframe. This filters out the “noise” of lower timeframes (M1/M5) and aims to catch major market moves.
Symbol: It is highly optimized for XAUUSD (Gold), capitalizing on Gold’s tendency to trend strongly over long periods.

What’s New in Version 6.5? (November 2025 Update)

The jump to Version 6.5 was a major overhaul. If you are using an older version (V5.0 or earlier), you are missing critical safety features. Here is the breakdown of the changelog:

1. The New “Portfolio Mode”

This is the game-changer. Previously, you had to run one model per chart. Now, V6.5 allows you to run multiple internal models simultaneously on a single account.

Concept: Instead of betting everything on one strategy (e.g., “Turtle”), you can mix “Turtle” (Trend) with “Scalper” (Mean Reversion).
Benefit: When one model is in drawdown, the other might be profiting, creating a smoother equity curve.

2. “MID” Risk Mode

Users complained that the “High” risk setting was too aggressive, while “Low” was too slow. The developer introduced a MID Mode—a balanced profile designed for traders who want decent growth without the heart-stopping drawdowns of the High setting.

3. Reduced Risk Profiles

In response to market volatility in late 2025, the base risk calculations for all automatic modes were lowered. This effectively makes V6.5 the safest version of the EA to date.

4. Removal of the “Omega” Model

The “Omega” model was removed from the automatic rotation. Our analysis suggests this model likely had a higher failure rate or “hallucinations” (false signals) during forward testing, so its removal is a positive sign of active quality control.

Deep Dive: The Internal Models

Understanding the internal models is the key to mastering this EA. You aren’t just buying one strategy; you are buying a suite of them.

1. The Turtle Model (Flagship)

Best For: Gold (XAUUSD).
Style: Pure trend following.
Behavior: It waits for a significant breakout on the H4 chart. It holds trades for days, sometimes weeks, to ride the full trend.
Pros: Massive profit potential during strong trends.
Cons: Can suffer from “whipsaws” in ranging markets (buying the top and selling the bottom).

2. The Scalper PRO Model

Best For: Volatile, ranging markets.
Style: Short-term reversals and corrections.
Behavior: It looks for overextended price moves and bets on a snap-back.
Pros: Higher win rate than the Turtle model.
Cons: Smaller average profit per trade.

3. The Mirror Model

Behavior: This experimental model flips the logic of standard trend following, attempting to profit from the market’s “noise” and false breakouts.

Installation & Setup Guide: Getting It Right

Many negative reviews come from user error. Because this EA uses advanced calculations, you cannot just drag-and-drop it like a basic MACD bot.

Step 1: Pre-requisites

Platform: MetaTrader 5 (MT5) only. It will not work on MT4 due to the lack of ONNX support.
Account Type: ECN or Raw Spread account is highly recommended to minimize costs.
VPS: A Virtual Private Server (VPS) is mandatory. The H4 calculation requires 24/7 uptime. If your PC sleeps, the AI loses its “memory” of the current candle structure.

Step 2: The “Full Auto” Setup (Recommended for Beginners)

The V6.5 update perfected the “Full Auto” mode.

Open the XAUUSD chart on the H4 timeframe.
Drag the Mad Turtle EA onto the chart.
In the settings, look for Trading Mode. Select FULL AUTO.
Set your Risk Level to LOW or MID (Start with LOW for the first month).
Do not touch the Lot Size or Magic Number settings. The AI will scan your balance (e.g., $1000) and currency (USD, EUR, etc.) and calculate the mathematically correct lot size automatically.

Step 3: The “Portfolio Mode” Setup (Advanced)

If you want to manually mix models:

Set Trading Mode to Portfolio.
In the specific “Model List” input field, use the syntax: #1; #2; (where #1 is Turtle and #2 might be Scalper).
Note: Ensure you use the semicolon ; separator, or the EA will fail to parse the command.

Profitability & Risk Analysis: The “No Martingale” Promise

The most dangerous word in Forex trading is “Martingale.” This is where a bot doubles its trade size after a loss to recover. It works for a year and then blows up your account in an hour.

Mad Turtle EA does NOT use Martingale.

1. Stop Loss is King

Every trade opened by Mad Turtle has a hard Stop Loss (SL).

Expect Losses: You will see red days. This is normal.
The Math: The strategy relies on a positive Risk-to-Reward ratio. One winning “Turtle” trade can often cover 3-4 small losses.

2. Drawdown Reality

High Risk Mode: Can see drawdowns of 20-30%.
Low/Mid Mode: Typically keeps drawdown under 10-15%.
Prop Firm Warning: If you are doing a FTMO or comparable challenge, only use Low Risk. The “High” setting will likely breach your “Max Daily Loss” limit during a bad streak.

3. Performance on Gold

Gold is volatile. In 2024-2025, Gold saw massive rallies. Mad Turtle’s “Buy” models performed exceptionally well because they were trained on historical bull runs. However, be cautious if Gold enters a multi-year consolidation phase, as trend-following models historically struggle in flat markets.

How to Backtest Mad Turtle V6.5 Properly

Do not trust the screenshots on the sales page. You must verify the EA yourself. Here is how to run a valid backtest in MT5:

Data Quality: You need “Every tick based on real ticks.” Do not use “OHLC on M1” or standard “Every tick” if your broker typically has poor data.
Date Range: Test at least the last 3 years (e.g., 2022–2025). This covers the post-COVID inflation trends and recent geopolitical spikes.
Delays: Set “Delays” to Random or roughly 100-200ms to simulate real-world slippage.
Mode: Select Performance Mode for backtesting.
- Why? “Full Auto” dynamic logic can sometimes behave oddly in the Strategy Tester due to how MT5 handles deposit currency conversion in past data. “Performance Mode” forces the models to run with fixed parameters, giving you a clearer view of the raw strategy performance.

Pros and Cons

Pros	Cons
True AI Technology: Uses ONNX models, not just simple indicators.	Steep Learning Curve: The Portfolio Mode and various settings can be confusing for total beginners.
Safety First: No Martingale, no Grid, and hard Stop Losses on every trade.	Patience Required: It trades on H4. You might go days without a trade, which frustrates “action junkies.”
Gold Specialist: Highly tuned for the unique volatility of XAUUSD.	Large Drawdowns (High Risk): The aggressive modes are not for the faint of heart.
Transparency: The developer openly admits when models (like Omega) fail and removes them.	Resource Heavy: Requires a good VPS because the ML calculations are more CPU-intensive than standard EAs.

Mad Turtle EA vs. The Competition

How does it stack up against other popular Gold EAs in 2025?

vs. Gold Rush / Waka Waka: These are often Grid/Martingale bots. They have smooth equity curves for months until they crash. Mad Turtle has a jagged equity curve (wins and losses) but is safer long-term because it doesn’t risk the whole account on one trade recovery.
vs. Quantum Queen: Quantum Queen is another high-performer but relies heavily on specific session volatility. Mad Turtle is more “structure” based, looking at the H4 candle shape rather than just time of day.

FAQ: Common User Questions

Q: Can I use Mad Turtle on a $100 account?

A: Technically yes, if you use a “Cent Account.” For a standard account, the developer recommends at least $150-$200 per model. So for a robust portfolio, $500+ is ideal.

Q: Why isn’t the EA opening trades?

A: This is the most common question.

Check the “Smiley Face” in the top right corner of the chart. Is it blue?
Did you allow “DLL Imports” in the EA settings? (ONNX often requires specific permissions).
Be patient. It’s an H4 strategy. It waits for the perfect 4-hour candle close. It is not a scalper that trades every 5 minutes.

Q: Does it work on Prop Firms (FTMO, MyForexFunds, etc.)?

A: Yes, because it uses a Stop Loss. However, you must calculate your lot size carefully. Use the LOW risk mode to ensure a string of losses doesn’t violate the 5% daily drawdown rule.

Q: Is the “AI” real or fake?

A: It is real. The presence of .onnx files in the EA’s dependency list and the initialization logs confirm it is calling external machine learning models. This is significantly different from 99% of “AI” bots on the market.

Conclusion: Should You Download Mad Turtle V6.5?

The Mad Turtle EA V6.5 represents a mature step forward for retail algorithmic trading. It moves away from the gambling tactics of Martingale grids and towards professional, data-driven trend following.

Verdict:

Buy it if: You are a patient investor looking for a long-term tool for Gold (XAUUSD), understand that losses are part of the game, and want a bot that protects your capital with hard stops.
Skip it if: You want daily guaranteed profits, get panicked by a losing trade, or are looking for a “get rich quick” scheme.