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LakshmiFx

4.59

LakshmiFX: A Versatile Expert Advisor for Maximizing Market Profitability

LakshmiFX is a straightforward yet powerful Expert Advisor (EA) designed to maximize trading profits. It has been extensively tested on Forex pairs and gold. The EA supports various trading strategies, including Martingale, Dollar-Cost Averaging (DCA), grid trading without Martingale, and trading based on indicators such as Moving Averages (MA), StochRSI, RSI, or a combination of these tools. Additionally, it offers an optional News Filter, utilizing the MT5 built-in economic calendar.

Important Recommendations
Before deploying LakshmiFX in a live market, rigorous backtesting and forward testing are essential. It is recommended to:

  • Use the EA on a demo account for at least three months.
  • Conduct both backtesting and forward testing using the MT5 Strategy Tester.
  • Analyze the results using a quantitative analysis tool (free or paid) for comprehensive evaluation.

Who Is This EA For?
LakshmiFX is designed to pass proprietary trading firm challenges and operate on live proprietary firm accounts. It is equally suitable for personal accounts or institutionally funded accounts.

Why Is LakshmiFX Free?
LakshmiFX was developed for personal use to successfully pass proprietary trading firm challenges, and I continue to use it effectively. Sharing this tool brings me joy, especially if it helps others achieve their trading goals.

That said, not everyone will find immediate success with LakshmiFX. Effective use requires a solid understanding of:

  • MT5 optimization, backtesting, and forward testing.
  • Market mechanics and behavior.
  • Indicators such as trend-following tools, oscillators, and volatility or noise-based metrics.
  • Portfolio analysis and Monte Carlo simulations.

Due to the complexities involved, developing a comprehensive training program for this EA is beyond the scope of this project. As a result, we are offering LakshmiFX free of charge.

Initially, LakshmiFX will be restricted to Demo accounts. However, if you feel confident in its performance and wish to use it on a Live account, please reach out to us, and we will grant you full access at no cost. This approach is designed to prioritize your safety, as our primary goal is to ensure you avoid any risk of significant account losses.

Wishing You Success
I hope LakshmiFX serves as a valuable tool in your trading journey. With proper preparation and diligence, it has the potential to unlock profitable opportunities. Best of luck!

Reviews 26
Nenad Milijic
28
Nenad Milijic 2025.04.22 21:52 
 

Fantastic EA. Huge potential and opportunities for those who manage to understand it in its entirety. I am asking for a PDF or a video clip with a detailed explanation of all functions. It would help a lot..

D DD
18
D DD 2025.04.14 23:46 
 

Hi, great EA tested in Demo account, would like to use it live and continue some testing please send me the live credentials, thank you.

Paula Manuela Da Silva Santos
233
Paula Manuela Da Silva Santos 2025.04.07 10:58 
 

Olá Qual o valor minimo com que se deve iniciar o trade? Obrigada

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Contact me for discount before purchasing! AI-Driven Technology with ChatGPT Turbo Infinity EA is an advanced trading Expert Advisor designed for GBPUSD, XAUUSD and AUDCAD. It focuses on safety, consistent returns, and infinite profitability. Unlike many other EAs, which rely on high-risk strategies such as martingale or grid trading. Infinity EA employs a disciplined, profitable scalping strategy based on neural network embedded over machine learning, data analytics AI based technology provid
Zen Flow 2
Hamza Ashraf
4.14 (22)
Experts
LAUNCH PROMO: Final price: 1,700$ Only 2 copies left at $399. Next price will be $499 Get 1 EA for free (for 2 trade accounts) -> contact me after purchase Instruction Blog Link to Channel Welcome to ZenFlow! ZenFlow is an advanced EA designed to adapt to changing market trends with precision and speed. It is optimized to trade the XAUUSD( or GOLD) symbol and should be run on only one chart. This EA uses a sophisticated trend-following strategy combined with a momentum-based indicator that ide
Eagle Odyssey MT5
Azil Al Azizul
4.8 (5)
Experts
Introducing Eagle Odyssey EA with excellent capabilities in automatic trading whose analysis is based on the orderblock concept. Order blocks are often formed in response to significant market moves driven by institutions. When a large order is placed in the market (such as buying or selling a large amount of an asset), the price tends to move to a certain level to "fill" that order. Once this process happens, the area where the institutional order took place acts as a level of support or resist
Eternal Engine EA MT5
Wei Tu
5 (14)
Experts
Eternal Engine is an advanced EA that integrates multiple indicators with grid and Martingale strategies. Its core feature is precise entry point control, enabling it to perform exceptionally well even in complex market environments. Eternal Engine EA offers numerous trading opportunities, is not sensitive to spreads, and ensures accurate execution of every trade through strict entry point management. The strategy has been proven in live trading, providing over a year of low-drawdown real-time s
Monic
Vladimir Lekhovitser
5 (4)
Experts
Live signal Find out more here:   https://www.mql5.com/en/users/prizmal/seller The strategy uses an averaging trading approach, relying on the Stochastic Oscillator and Bollinger Bands as the main indicators. It consistently implements dynamic take-profit and stop-loss levels for each trade. Optimization was conducted using 14 years of data (from 2010 to 2024) on the IC Markets server with a Standard account type. Recommendations: Currency Pair: AUDCAD Minimum Deposit: $500 USD Account: H
King Sniper EA
Ivan Bebikov
5 (6)
Experts
Monitoring of real trading Advisor -  https://www.mql5.com/en/signals/2264971 My other products    -      click here Keep in mind that the results on different brokers may differ, I recommend testing on your broker before using it (you can ask me for a list of recommended brokers in the PM). Read the blog post with the description of the adviser before starting work and if you have any additional questions, write to me in the PM. A fully automatic Expert Advisor that does not require additional
AlphaFlow EA MT5
Dolores Martin Munoz
4.27 (11)
Experts
Alpha Flow EA: Elevate Your Trading to New Heights Introducing Alpha Flow EA —a state-of-the-art trading advisor designed to transform your trading experience through strategic precision, adaptability, and advanced market analysis. Built with proprietary trading algorithms and deep market insights, Alpha Flow EA delivers exceptional performance across diverse trading environments, helping you stay ahead of market trends. Real Signal XAUUSD:  View Live Signal Real Signal EURUSD:  View Live Signa
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Geoffrey Esendi
18
Geoffrey Esendi 2025.04.23 15:12 
 

User didn't leave any comment to the rating

Nenad Milijic
28
Nenad Milijic 2025.04.22 21:52 
 

Fantastic EA. Huge potential and opportunities for those who manage to understand it in its entirety. I am asking for a PDF or a video clip with a detailed explanation of all functions. It would help a lot..

pattaya112
278
pattaya112 2025.04.16 08:09 
 

Register on the homepage is not possible.

edit: OK, I was able to register. I also sent you a question.

Shomon Robie
3972
Reply from developer Shomon Robie 2025.04.16 20:46
hello..try now.
D DD
18
D DD 2025.04.14 23:46 
 

Hi, great EA tested in Demo account, would like to use it live and continue some testing please send me the live credentials, thank you.

yariselian
114
yariselian 2025.04.11 03:03 
 

What a difference a custom gbpusd m15 and eurusd m5 setup by me makes. This one’s been on fire every day for me.Fire means lovely daily profit !

Shomon Robie
3972
Reply from developer Shomon Robie 2025.04.21 11:19
good for you!
Paula Manuela Da Silva Santos
233
Paula Manuela Da Silva Santos 2025.04.07 10:58 
 

Olá Qual o valor minimo com que se deve iniciar o trade? Obrigada

Sunil Balsara
18
Sunil Balsara 2025.04.03 22:08 
 

User didn't leave any comment to the rating

jeremy.pamy
49
jeremy.pamy 2025.04.03 21:33 
 

I want to give this bot a rating of 5 stars but its inconsistent with profits and I need help. So I'm running this bot on my demo account for now, and I have 5 different different windows and i'm using the 5 different trade entries the bot offers on each window. I get so much profit at once then the next few trades open and they all end up as loosing trades and I end up losing the profit I gained. Any suggestion as I am using the default settings

Chaitanya Ranade
24
Chaitanya Ranade 2025.04.03 17:34 
 

User didn't leave any comment to the rating

Shomon Robie
3972
Reply from developer Shomon Robie 2025.04.21 11:21
hello thank you. you need to create your own setfile by optimization. try with basic StochRSI trade entry...
Viktor Kulyandin
143
Viktor Kulyandin 2025.04.02 13:34 
 

Здравствуйте! Загрузил советник но он не открывает сделки, что я делаю не так, возможно нужно что то в настройках изменить?

Shomon Robie
3972
Reply from developer Shomon Robie 2025.04.02 14:45
Change the chart timeframe to 1 munite and wait.
Eduardo Felipe
58
Eduardo Felipe 2025.04.02 01:41 
 

Please I have already trained and had good results in the simulator. Please release my real account

Shomon Robie
3972
Reply from developer Shomon Robie 2025.04.02 14:37
Please download the updated version from MQL5. It is free forever!
Avonci Beatz
33
Avonci Beatz 2025.04.01 17:21 
 

So far so good works with a lot of pairs

160543369 江
205
160543369 江 2025.04.01 17:07 
 

Hello! This is the most comprehensive perfect and complex EA I have ever seen, and it is also free, thanks to the author, I want to use it to trade BTCUSD in a real account, I hope friends you can help set up the set and send it to me, looking forward to your reply! Thank you!

karthik nbv
20
karthik nbv 2025.04.01 09:27 
 

Wow you included pretty much everything one can think of Just wow! Ofcourse still working on settings.

[Deleted] 2025.03.27 04:13 
 

User didn't leave any comment to the rating

karelskynet7
47
karelskynet7 2025.03.24 15:03 
 

User didn't leave any comment to the rating

MT5Si01
14
MT5Si01 2025.03.13 17:06 
 

After fighting with the parametres, I have manage to get profit in Demo account, it is a legit EA with very nice features. Thank you!!! Can I get access to use it in real account? Very much appreciated

rakitik22
42
rakitik22 2025.02.24 06:16 
 

IT LOOKS LIKE A COMPLETE EA WITH OPTIMIZE RISK BASE ATR. IT IS POSSIBLE TO HAVE ACCESS TO A REAL ACCOUNT OR A FUNDING ACCOUNT PLEASE THANK YOU. TOO.

I WOULD LIKE TO KNOW ABOUT TP AND SL IS BETTER ATR BASE OR BETTER FIXED PIPS

Shomon Robie
3972
Reply from developer Shomon Robie 2025.02.24 07:18
Yes. it is a complete EA. WIth proper optimization, you can trade on your real account, pass Propfarm challenges or whatever you want. And it is FREE! Fixed Pips or ATR Based SL both are good. I personally use Fixed PIP, because in that case i the predict the outcome beforehand and it works for me!
russelrasi
14
russelrasi 2025.01.16 08:56 
 

Already in profit on the demo account! Did a lot of backtesting with great results. Can’t wait to get access to the real account. Really appreciate it @developer.

Shomon Robie
3972
Reply from developer Shomon Robie 2025.01.17 18:05
Real Account access done.
abdul_203
18
abdul_203 2025.01.07 13:20 
 

User didn't leave any comment to the rating

12
Reply to review
Version 1.66 2025.04.01
News filter is removed, because MQL5 does not allow you to use external file. License checking is removed. You might want to register your copy of LakshmiFX for future update and setfiles etc from website because it is difficult to manage setfiles etc at MQL5 website.
Version 1.65 2025.02.12
Some minor updates and error description added.
Version 1.64 2025.01.27
Bollinger Band volatility filter added.
Version 1.62 2025.01.20
Real account trading added. Button color changed and few spelling mistakes corrected. Now comments will be added to the Sequence #.
Version 1.60 2024.12.29
Print statement modified so that messages can be identified by magic # and symbol.
Version 1.59 2024.12.28
Magic # displayed in the dashboard.
Version 1.58 2024.12.26
Now LakshmiFX will generate immediate trade. Please don't run it on Live Account. You need to optimize first.
Version 1.57 2024.12.26
Some verbose print statements were removed.
Version 1.56 2024.12.26
Dashboard color fixed.
Version 1.55 2024.12.25
Spell mistakes corrected. Comments addes. Stoch removed.
Version 1.54 2024.12.25
DemoOnly Mode added. Name Changed.