Portuguese

Introducing Portuguese EA for MT5: Precision Trading, Simplified

The Portuguese EA is an expertly designed automated trading solution for MetaTrader 5, tailored to empower traders with a robust, flexible, and user-friendly experience. Built with a focus on precision and adaptability, this Expert Advisor (EA) combines advanced signal logic with a streamlined interface, making it suitable for both novice traders and seasoned professionals. Whether you’re looking to capitalize on market trends or manage risk effectively, the Portuguese EA offers a powerful toolset to elevate your trading strategy.

Core Features and Strategy

At the heart of the Portuguese EA lies a sophisticated trading system driven by a blend of technical indicators and price action analysis. The robot employs distinct rules for entering and exiting both long and short positions, ensuring a dynamic response to market conditions. Entry signals are generated using a combination of the Moving Average (MA), Awesome Oscillator, and MACD, analyzing crossovers and momentum shifts to pinpoint high-probability trade setups. For exits, the EA leverages the Aroon indicator and QQE, paired with candlestick patterns like Bullish and Bearish Engulfing, to optimize trade closures and lock in profits.

The Portuguese EA offers extensive customization through its input parameters, allowing users to fine-tune its behavior:

• Money Management: Set a fixed lot size (default 0.1) to control risk exposure.
• Exit Rules: Define Take Profit (default 55 pips), Stop Loss (default 50 pips), or exit after a set number of bars (default 14) for disciplined trade management.
• Trailing Stop: Activate a trailing stop (default 24 pips) with a customizable activation level (default 27 pips) to secure gains as the market moves in your favor.
• Break-Even Rules: Automatically move the stop loss to breakeven (default 10 pips) with an additional buffer (default 7 pips) to protect capital.
• Trade Modes: Choose between buy/sell, buy-only, or sell-only modes, and toggle reverse trading for contrarian strategies.
• Time Filters: Limit trading to specific intraday ranges (e.g., 03:00–12:00) or enforce end-of-day (20:40) and Friday exits for added control.

Despite its advanced capabilities, the Portuguese EA remains intuitive, with a unique Magic Number (default 156) for trade identification and a custom comment field (pre-set as "Portuguese") for easy tracking.

Why Choose Portuguese EA?

The Portuguese EA stands out for its balance of simplicity and depth. While its backend processes complex calculations—integrating indicators like ATR (period 91) for pending order pricing and offering flexible calculation modes (pips or coefficients)—users interact with a concise set of inputs. This design ensures you can deploy the EA quickly without getting bogged down in technical details, while still retaining the flexibility to adapt it to your trading style.

Whether you’re trading forex pairs, metals, or other instruments, the Portuguese EA is built to perform. Its default settings are optimized for reliability, but users are encouraged to test and refine them based on their preferred markets and timeframes. With features like maximum trades per day (default unlimited) and order expiration settings (default 3 bars), the EA adapts to both scalping and longer-term strategies.

Getting Started

To unlock the full potential of the Portuguese EA, follow these steps:

1. Install on MT5: Load the EA onto your MetaTrader 5 platform and apply it to your chosen chart.
2. Test in the Strategy Tester: Use MT5’s built-in tester to evaluate performance across various symbols and timeframes (H1 recommended). Adjust inputs like lot size, profit targets, and indicator periods to suit your goals.
3. Run on a Demo Account: Deploy the EA in a risk-free demo environment for at least 2–4 weeks to validate its performance and ensure it aligns with your expectations.
4. Go Live: Once confident in its results, transition to a live account with a conservative starting capital, monitoring its behavior closely.

A Word of Caution

While the Portuguese EA is engineered for consistency and efficiency, no trading system can guarantee profits in every market condition. Success depends on thorough testing, prudent risk management, and an understanding of the markets you trade. We recommend starting small, leveraging the EA’s built-in safeguards (like stop losses and breakeven rules), and scaling up as you gain trust in its capabilities.

Take the Next Step

The Portuguese EA is more than just an automated tool—it’s a gateway to smarter, more disciplined trading. With its blend of cutting-edge logic and practical design, it’s ready to support your journey toward consistent results. Download it today, explore its features, and see how it can transform your approach to the markets!

Note: Keep in mind that "Portuguese EA" should be tested on a demo account before any use.

Warning: I sell all my products only via the MQL5 website. If you see them somewhere else, be aware of scams.