Trillion Pips X EA V6.1 MT4

If you’re exploring automated trading tools and specifically seeking a reliable Expert Advisor (EA) for gold trading, the Trillion Pips X EA (version 6.1 for MetaTrader 4) is worth a detailed look. In this review, we’ll go through what the product offers, its key features, setup requirements, what the performance claims are, what potential pitfalls to watch out for, and whether this EA might suit your trading style.

Overview

Trillion Pips X EA is a fully automated scalping Expert Advisor created to operate on MetaTrader 4. According to the product page on the MQL5 Market, version 6.1 was published on 30 October 2025 and updated on 1 November 2025. The vendor states that the EA is engineered for precise intra-session entries and is optimised for the gold pair XAUUSD, though it can work on other major instruments.
The price listed is USD 2,999 for the licence.

Key Features

Here’s a breakdown of the features as described by the vendor:

Scalping Strategy: The EA is designed for fast in-and-out trades during favourable market conditions.
Entry-Level Friendly: It claims to be “plug-and-play” with minimal tuning needed for default settings.
Fixed Lot Size Control: The default lot size is 0.05 per trade (with the expectation that risk settings can be adjusted).
Smart Filtering System: It avoids trades during high-impact volatility or unfavourable spread conditions.
Automatic Trade Management: Built-in stop-loss and take-profit parameters are managed automatically.
XAUUSD Optimised: The primary recommended instrument is gold (XAUUSD) though other Forex majors may be traded.

Recommended Conditions & Setup

The vendor specifies particular trading conditions for optimal performance:

Timeframes: M1, M5, M15 on XAUUSD.
Minimum Capital:
- M15: USD 3,000 with a “safe side” balance of USD 5,000
- M5: USD 10,000 with a safe balance of USD 15,000
- M1: USD 30,000 with safe balance of USD 50,000
Leverage: 1:500 recommended, and execution on a low-spread ECN broker is emphasised.
Broker Type: ECN or low-spread brokers. Spread maximisation and fast execution matter.
Demo First: The vendor emphasises running the EA on demo accounts first before going live.
Do not run multiple scalping EAs on the same symbol simultaneously.

Performance Claims

The product page references historical and forward-testing results: “On a $20,000 account, the system has historically generated 20–30% monthly returns during favourable market conditions.”
However, as with all automated trading strategies, past performance is not a guarantee of future returns.

Other independent sources (such as a Myfxbook listing) show a small account with certain gains and a drawdown of around 4.04%.
While promising, those results should be interpreted cautiously and validated further.

Strengths

Here are some of the clear strengths that stand out:

Focused optimisation on XAUUSD: Focusing on one instrument (gold) can allow deeper fine-tuning of parameters rather than spreading across many.
Scalping framework: For active traders who like frequent trades and are comfortable with tighter stop-loss/take-profit structures, a scalping EA can suit.
Built-in filtering: The vendor’s inclusion of smart filters (e.g., spread check, volatility avoidance) shows a degree of robustness in design.
Detailed recommended capital/timeframe matrix: It gives clear guidelines, which many EAs do not provide.
Latest version: With version 6.1, it appears the product is being maintained and updated.

Weaknesses & Risks

Every automated trading system carries risk, and here are some particular caveats to consider:

High cost: At USD 2,999 for the licence, this is a substantial investment. Traders must evaluate cost-benefit carefully.
Large minimum capital recommended: The safe balances (USD 5,000 to USD 50,000) may put this product out of reach or higher-risk for smaller accounts.
Broker/execution dependency: As with many scalpers, the results likely depend heavily on low spread, fast execution, minimal slippage, and robust VPS environment. Any deviation seriously impacts performance.
Scalping on XAUUSD: Gold markets can be volatile, and scalping a volatile instrument means risk of whipsaws, slippage, bigger spreads during news events etc.
Backtest vs live divergence: The vendor states “Results vary by broker, spread, and execution; past performance does not guarantee future results.”
Manual oversight still required: While described as plug-and-play, users must monitor broker conditions, slippage, correlation risk, and ensure the EA is functioning correctly.
Limited independent verification: While some Myfxbook data is available, full independent long-term live account statistics may be limited.

Ideal Trader Profile

Who would this EA suit?

Traders comfortable with trading gold (XAUUSD) and the particular risks tied to it.
Traders with moderate to larger capital (USD 5,000+ to USD 50,000+) who can absorb drawdowns and meet recommended conditions.
Those with access to ECN/low-spread brokers and able to run a VPS for near-zero latency execution.
Those who understand scalping strategies, can tolerate frequent trades, and have risk management discipline.
Traders who can test thoroughly on demo accounts before going live and who abide by the vendor’s recommended settings / money management.

How to Set Up the EA

Here are the steps you should follow to get started with Trillion Pips X EA:

Choose a broker that offers ECN or low-spread conditions, supports MetaTrader 4, and has gold (XAUUSD) with good execution quality.
Ensure you have a VPS or low-latency server close to the broker’s servers (recommended for scalping).
Deposit a suitable capital amount according to the timeframe you intend to use (e.g., USD 5,000+ for M15 timeframe) and match recommended leverage 1:500.
Install MetaTrader 4 and load the EA on the XAUUSD chart in the selected timeframe (M1/M5/M15).
Confirm auto-trading is enabled in MT4 and attach the EA to the chart.
Use default settings initially (LotSize = 0.05, etc.) unless you are very confident in custom adjustments.
Run the EA in demo mode for a sufficient sample period to observe behaviour under real-market conditions (spreads, slippage, liquidity).
Monitor performance, emphasising drawdown, consistency, spread/widening events (especially around major news) and ensure the broker environment remains optimal.
Once comfortable, deploy on live account with proper risk management. Do not over-leverage or scale up too quickly.

Money Management & Risk Considerations

Even the most sophisticated EA requires proper money management:

Stick with recommended lot sizes and capital thresholds. The vendor emphasises not to deviate without full understanding.
Use a stop-loss per trade, even if automated, and determine max drawdown you can tolerate.
Avoid running multiple EAs trading the same pair or timeframe simultaneously — this may increase correlation risk or amplify drawdown.
Monitor spread behaviour. In times of market stress (news releases, holidays) spreads may widen, execution may degrade, and scalping strategies may suffer.
Consider scaling up only after consistent live performance. Do not chase unrealistic returns. The vendor’s figure of 20-30% monthly (on good months) is a guideline, not a guarantee.
Maintain good risk-reward awareness: frequent small profits can tempt traders into over-risking, which may result in bigger losses during adverse conditions.

FAQ & Common Questions

Q: Can I use this EA on currency pairs other than XAUUSD?
A: Yes — the vendor states it “works on other majors but recommended for XAUUSD.” However, using other pairs may require additional testing and may not perform at the same level.

Q: Do I need to adjust lots or settings right away?
A: The vendor recommends keeping default settings unless you fully understand the money-management adjustments. For most users, starting with defaults is safer.

Q: Is this suitable for small accounts (e.g., USD 500 or USD 1,000)?
A: The vendor’s recommended minimums are higher (USD 3,000 to USD 30,000 depending on timeframe). Running on a much smaller account may substantially increase risk of ruin and drawdown.

Q: Does it use martingale, grid, or other high-risk strategies?
A: From the product description, it emphasises “scalping,” “fixed lot size,” and “smart filtering” but does not claim to use martingale or grid. That said, you should always inspect the settings and risk logic carefully in live trading.

Final Verdict

The Trillion Pips X EA V6.1 for MT4 presents a strong proposition for gold-focused traders who are serious, capitalised and prepared for the requirements of scalping gold on a low-spread ECN broker. Its clear specification of recommended capital, timeframes, broker conditions and its scalping design tailored for XAUUSD are positive signals.

However, the high licence cost, the reliance on optimal execution conditions, and the larger capital thresholds mean it is not a plug-and-play solution for every trader. If you are new to automated trading, working with small capital, or using a broker with wide spreads or slow execution, the risk may outweigh the reward.

Recommendation: If you meet the setup conditions (capital, broker quality, VPS, risk tolerance), start with a demo test for at least several weeks, monitor drawdown and spread behaviour, and proceed only if live performance aligns with expectations. As always, no EA is “set and forget”; oversight, monitoring and risk management are essential.

For advanced traders who understand gold scalping, the Trillion Pips X EA could become a valuable tool in their trading kit. For beginners or those with limited capital, caution and rigorous testing are strongly advised.