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Zallo EA EU

Expert Advisor (EA) - Version 2.0

EUR/USD on M5 Timeframe

Due to the volatility of the forex market, I decided to optimize this EA over a shorter period of time.

Periodically I update it at EA so that you can trade in the most optimal way.

Try to do the tests for the last three months.

Tested and optimized for IC Markets.

Overview:

Introducing our advanced Expert Advisor (EA) for MetaTrader 5, now in version 2.0! This EA is specially designed to trade on the EUR/USD currency pair using the 5-minute (M5) timeframe. Whether you are a novice or an experienced trader, this EA aims to assist you in making informed trading decisions and managing your trades efficiently.

Features:

  1. Optimized for EUR/USD on M5:

    • The EA is tailored to work exclusively with the EUR/USD currency pair.
    • Operates on the 5-minute (M5) timeframe for optimal performance.

  2. Automated Trading:

    • Automatically opens and closes positions based on predefined indicators and conditions.
    • Supports both long and short positions with customizable lot sizes.

  3. Indicators Integration:

    • Average True Range (ATR) for volatility measurement.
    • Directional Indicators (ADX) for trend strength analysis.
    • Moving Average Convergence Divergence (MACD) for trend direction.
    • Relative Strength Index (RSI) for identifying overbought or oversold conditions.

  4. Risk Management:

    • Configurable Stop Loss and Take Profit levels to manage risk and lock in profits.
    • Trailing Stop functionality to protect profits while allowing potential gains.

  5. News Filter:

    • Integrated news filter to avoid trading during high-impact news events.
    • Customize the filter to include medium and high-priority news for selected currencies.

  6. Session Management:

    • Define trading sessions to ensure trades are only placed during active market hours.
    • Special settings for handling weekend and Friday sessions.

  7. Account Protections:

    • Safeguard your account with features like maximum daily loss, minimum and maximum equity settings.
    • Automatically deactivate the EA to prevent further losses once the set thresholds are reached.

  8. Statistics and Reporting:

    • Real-time display of position stats, including open price, current price, profit/loss, and more.
    • Comprehensive robot stats showing trade performance over various periods (daily, weekly, monthly).

Customization:

The EA is highly customizable, allowing users to adjust:

  • Entry and exit parameters.
  • Indicator periods and levels.
  • Risk management settings.
  • News filter options and more.

Easy Setup:

  • Simply attach the EA to the EUR/USD M5 chart and adjust the settings to fit your trading strategy.
  • The intuitive interface and detailed settings make it easy to configure the EA to match your specific needs.

Version 2.0 Updates:

  • Enhanced performance and stability.
  • Default news filter activation to avoid high-impact events.
  • Clearer and more detailed statistics reporting.
  • Improved session management options.

Disclaimer:

Trading foreign exchange (Forex), contracts for differences (CFD), and other leveraged financial instruments carries a high level of risk and may not be suitable for all investors. The use of this Expert Advisor (EA) is at your own risk, and you should ensure you fully understand the risks involved. Past performance is not indicative of future results. We recommend testing the EA on a demo account before using it on a live account and using proper risk management techniques. The creators of this EA are not responsible for any financial losses that may occur.

Conclusion:

Maximize your trading potential with our Expert Advisor version 2.0, exclusively optimized for the EUR/USD currency pair on the 5-minute timeframe. This EA is equipped with the latest features to help you navigate the markets efficiently and effectively. Take advantage of automated trading, advanced indicators, and robust risk management tools. Download now and start enhancing your trading strategy with our Expert Advisor!

Note: Please ensure to backtest the EA on a demo account before deploying it on a live account. Proper risk management is essential when using automated trading systems.


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Babak Alamdar
4.89 (27)
Experten
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Chen Jia Qi
4.53 (75)
Experten
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Marzena Maria Szmit
4.5 (32)
Experten
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Stanislav Tomilov
4.83 (35)
Experten
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Stanislav Tomilov
5 (12)
Experten
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Bogdan Ion Puscasu
4.84 (19)
Experten
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Enrique Enguix
4.45 (11)
Experten
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Gregory Hay
4.85 (20)
Experten
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Valeriia Mishchenko
4.67 (6)
Experten
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4.68 (19)
Experten
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Thang Chu
5 (1)
Experten
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Stanislav Tomilov
4.2 (25)
Experten
Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult
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Shintaseftiana
3.39 (23)
Experten
ONLY 1 COPIES LEFT AT CURRENT PRICE! , NEXT PRICE  1199 USD,    SO COME ON HURRY UP !! Introducing eXecute-Code (X-CODE) EA - the ultimate Expert Advisor that's out of this world!, X-Code G EA base on Algorithm Levels of Trading.  Live Signal M5     |   Live Signal M1  |     Channel     |    MySetfile_1.5 I design X-Code G EA for XAUUSD/GOLD pair Why should you choose and use X-CODE EA in Trading? X-CODE EA will give you a pleasant trading experience because in X-CODE EA reliable algorit
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Mansour Babasafary
4.47 (45)
Experten
3 experts in 1 expert Strategy based on price action Made specifically for the best forex currency pairs Can be used in the best time frame of the market at a very reasonable price This expert is basically 3 different experts. But we have combined these 3 experts in 1 expert so that you can use 3 experts at the lowest price. All three strategies are based on price action. But based on different trends. Long term, medium term and short term Attributes : Can be used in the EURUSD , AUDUS
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Lo Thi Mai Loan
4.92 (12)
Experten
Startaktion! Nur noch wenige Exemplare zum aktuellen Preis verfügbar! Nächster Preis: 793$ Endpreis: 1993$ Live signal:  https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT4:  https://www.mql5.com/en/market/product/113580?source=Site+Market+Product+Page For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/seller I am Los, please subscribe to receive more updates:   https://www.mql5.com/en/users/lothimailoan/news US30 Scalper EA ist
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Version 2.0 2024.07.03
Fixed some bugs.
Tested and optimized 01.04.2024--02.07.2024