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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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The Bitcoin Robot MT5 is engineered to execute Bitcoin trades with unparalleled efficiency and precision . Developed by a team of experienced traders and developers, our Bitcoin Robot employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with M5 timeframe , ensuring that you never miss out on lucrative opportunities. No grid, no martingale, no hedging, EA only open one position at the same time. Bit
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Yu Mei Cheng
4.33 (66)
Experts
Precauções O EA inclui até 6 pontos de entrada, e o número de mãos por transação é o número de mãos da ordem multiplicado por 6, por isso, tenha cuidado para não usar demasiadas mãos. O método de cálculo das mãos por defeito não é uma percentagem de fundos. O nosso método de cálculo por defeito não é afetado pela alavancagem e permite controlar o risco de forma mais precisa. É recomendado utilizar fundos acima de $1000 para melhorar a resistência ao risco. Existe um risco de acumulação de risco
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Marco Solito
5 (51)
Experts
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . This Expert Advisor is based on the latest generation of   algorithm  and is highly customizable to suit your trading needs. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated   algorithm  that allows it to   identify   and   follow m
The King Advisor MT5
Guillem Boix Martin
4.77 (31)
Experts
The King Advisor é um algoritmo de rede neural altamente avançado. A sua estratégia baseia-se na identificação de níveis de suporte, resistência e linhas de tendência através de um sofisticado sistema de auto-aprendizagem e de um sistema de negociação concebido com anos de experiência e trabalho.  Desenvolvido por uma equipa de comerciantes experientes. ATENÇÃO QUE HÁ UM LIMITE DE 200 EXEMPLARES --> Total de exemplares vendidos actualizados: 150 Novo sinal em direto: https://www.mql5.com/en/sign
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Xian Qin Ceng
5 (6)
Experts
Muitas pessoas gostam de negociar XAUUSD, e eu não sou exceção. Depois de acumular alguma experiência de negociação e trabalho duro, criei este Apocalypse XAU EA especificamente para negociar todas as variedades relacionadas a XAU, como XAUUSD/XAUEUR/XAUGBP/XAUCHF /XAUJPY/XAUAUD. No entanto, considerando que muitas pessoas podem não precisar negociar todos os pares de moedas XAU, mas apenas negociar XAUUSD, um EA de nível básico torna-se muito significativo. Então decidi criar o Apocalypse Gold,
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Arseny Potyekhin
4.33 (3)
Experts
Dear Traders, I am very pleased to introduce our latest project to you. EA BitBull . Real cryptocurrency trading has now become a reality! Signals: Live Signal 1 Live Signal 2   Because this strategy is so unique, I only want to sell a limited number of licenses. Therefore, the price will steadily increase to limit sales. Next price is 790 USD . With the help of our esteemed partners from all over the world, we have succeeded in developing an innovative crypto strategy. This strategy seam
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
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Chen Jia Qi
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Experts
Live signal : TrendMaster FX The MT4 version : TrendMaster FX MT4   Atualmente, há uma promoção de teste para o nosso EA. Após a compra, entre em contato conosco para obter acesso ao "Gold Garden" ou "AI TradingVision GPX". Para mais informações, por favor entre em contato conosco . Pares de moedas recomendados: GBP/USD (GBPUSD) USD/CAD (USDCAD) Configurações de risco: Para traders agressivos, o risco máximo é definido em 0,15. Para traders mais conservadores, especialmente aqueles com maior ca
The law of Jungle MT5
Inrexea Limited
Experts
Please do not   pm   me if you are asking for:  Discount ( Price will go back to original price 3800 in the future ) Backtesting result ( We don't trust mislead informations ) (LOJ IS NOT A HFT Strategy, Will not be violated by Prop firm rules) We don't rely on backtest results. The backtesting environment can't access our database to retrieve historical data. We aim to provide clarity to EA traders and not mislead them. The best approach is to monitor our signals. If you're wondering how to ve
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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
Parrots Breaker
Siti Hadijah Lena
Experts
Only  1 copies left at current   price!,   Next Price 599 USD.   So   Come on Hurry up!    Parrots   Breaker   MT5  EA is an Expert Advisor that is smart, powerful and accurate in determining entries. Parrots   Breaker   MT5  EA works based on the concept of trend following  combined  with   Break of Internal Structure and   trading levels. Live Signal 1 Parrots   Breaker   MT5  EA is an Expert Advisor that is safe and focuses on long-term use. Backtest   Result is Fantastic. This EA does not us
Supply Demand EA ProBot MT5
Georgios Kalomoiropoulos
4.5 (2)
Experts
Consultor totalmente automatizado baseado no princípio da oferta e da procura . A primeira empresa a oferecer consultoria de oferta e demanda totalmente automatizada. Negociar agora é ainda mais fácil e oferece controle total sobre sua estratégia de negociação. Através do conveniente painel de operações gráficas. Você obtém software de negociação algorítmica de altíssima qualidade com mais de 15.000 linhas de código. Requisitos do guia ProBot da proposta EA O desafio Trading Prop Firms e com
FT Gold Robot MT5
Marzena Maria Szmit
4.4 (58)
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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
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Thi Thu Ha Hoang
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Você já se perguntou por que a maioria dos consultores especializados não é eficaz nas negociações ao vivo, apesar de seu desempenho perfeito nos testes retrospectivos? A resposta mais provável é over-fitting. Muitos EAs são criados para 'aprender' e se adaptar perfeitamente aos dados históricos disponíveis, mas falham em prever o futuro devido à falta de generalização no modelo construído. Alguns desenvolvedores simplesmente não sabem da existência do over-fitting, ou sabem, mas não têm uma ma
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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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Versão 2.5 2024.07.05
Fixed some bugs.
Versão 2.0 2024.07.03
Fixed some bugs.
Tested and optimized 01.04.2024--02.07.2024