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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.

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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Get a 50% bonus by buying (or even renting) any of our products. After buying (or renting), send a message for more information. Expert trend hunter Combined with artificial intelligence Control the AI with a variety of simple settings Without using dangerous strategies (all trades have a profit limit and a loss limit) Can be used in 6 main market currency pairs and 4 important time frames An expert who has been trained by artificial intelligence for years to correctly recognize trends(wi
US30 Scalper EA MT5
Lo Thi Mai Loan
5 (10)
Experts
Promozione di lancio! Rimangono solo poche copie al prezzo attuale! Prossimo prezzo: 1533 $ Prezzo finale: 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
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Aleksandr Chebotaev
2.6 (30)
Experts
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
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Mr James Daniel Coe
4.64 (11)
Experts
9 consulenti al prezzo di uno L'ultimo bot che dovrai mai acquistare. Ultimate Bot è un Expert Advisor multi-strategia che fa trading su   XAUUSD, GBPUSD, AUDCAD, USDCAD, EURGBP, EURUSD, GBPJPY, USDJPY e EURJPY, utilizzando una combinazione di modelli di trend-following, mean-reversion e breakout. Ogni strategia fa trading sul capitale del conto, quindi se un gruppo è in drawdown, gli altri riducono il rischio, lavorando insieme per ottimizzare la performance. L'impostazione di una volta del
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Marzena Maria Szmit
4.35 (48)
Experts
Introducing the FT Gold Robot MT5, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with XAUUSD pairs . With its advanced analytical capabilities, FT Gold Robot constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every day (you
Waka Waka EA MT5
Valeriia Mishchenko
4.1 (39)
Experts
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT4 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
Daytrade Pro Algo MT5
Profalgo Limited
3.88 (8)
Experts
Promozione lancio: Numero limitato di copie disponibili al prezzo corrente Prezzo finale: 990$ Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Benvenuto in DayTrade Pro Algo!   Dopo anni di studio dei mercati e programmazione di diverse strategie, ho trovato un algoritmo che ha tutto ciò di cui ha bisogno un buon sistema di trading: È indipendente dal broker Si sviluppa indipendente Mostra backtest mol
Supply Demand EA ProBot MT5
Georgios Kalomoiropoulos
4.5 (2)
Experts
Un consulente completamente automatizzato basato sui principi della domanda e dell'offerta . Siamo la prima azienda a fornire requisiti e indicazioni completamente automatizzati. Il trading ora è diventato più semplice e hai il pieno controllo sulla tua strategia di trading. Utilizza un comodo pannello di controllo grafico. Ottieni un software di trading algoritmico di altissima qualità con oltre 15.000 righe di codice. Requisiti della guida ProBot per le proposte EA Il modo migliore per div
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Bogdan Ion Puscasu
4.91 (77)
Experts
Ciao a tutti, mi presento: Sono   Quantum StarMan,   il membro elettrizzante e più fresco della famiglia   Quantum EA   . Sono un EA multivaluta completamente automatizzato con il potere di gestire fino a 6 coppie dinamiche:   AUDUSD, EURAUD, EURGBP, EURUSD, GBPUSD e USDCAD   . Con la massima precisione e incrollabile responsabilità, porterò il tuo gioco di trading al livello successivo. Ecco il kicker: non mi affido alle strategie Martingale. Invece, utilizzo un sofisticato sistema di gr
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Marzena Maria Szmit
4.8 (40)
Experts
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
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Gregory Hay
4.81 (16)
Experts
benvenuto a       Versione GoldExcel EA MT5   , trading valido per la coppia di valute XAUUSD (GOLD) di oggi. È stato progettato dal nostro team per gestire account regolari, account sponsorizzati e attività. Non utilizzare il trading ad alta frequenza. See all products here:   https://www.mql5.com/en/users/fxmanagedforexltd/seller Il prezzo iniziale aumenta ogni poche settimane. JinZhuo       Questa è una strategia di trading giornaliero che utilizza solo coppie d'oro. Le coppie d'oro sono idea
TrendMaster FX
Chen Jia Qi
4.47 (72)
Experts
Presentazione del nostro EA MT5: Alimentato da algoritmi avanzati e tecnologia di apprendimento profondo, il nostro Expert Advisor (EA) è meticolosamente progettato per guidarvi attraverso il mondo intricato del trading sul forex. Il sistema analizza diligentemente le attività di mercato ed effettua operazioni in base a criteri prestabiliti, consentendovi di cogliere le tendenze di mercato in modo più efficace. Coppie di valute consigliate: Segnale dal vivo:   TrendMaster FX Versione MT4:   Tre
Altri dall’autore
ZalloUSDJPY
Ioan Danut Burtea
Experts
Zallo Expert Advisor  USD JPY Description Custom Expert Advisor (EA) is an advanced automated trading system designed for the MetaTrader 5 platform. This EA utilizes the Williams' %R indicator and candle analysis to generate precise trading signals and effectively manage risk. It is ideal for traders looking for a robust and flexible system to automate their trading strategies. Key Features Indicators Used: Williams' %R with customizable parameters. Risk Management: Settings for Stop Loss (SL) a
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Versione 2.5 2024.07.05
Fixed some bugs.
Versione 2.0 2024.07.03
Fixed some bugs.
Tested and optimized 01.04.2024--02.07.2024