Kaizen Trader EA V1.0 MT5

Introduction

Kaizen Trader EA V1.0 MT5 is an Expert Advisor for MetaTrader 5 designed to trade stock indices and gold on the M15 timeframe. It focuses on consistent risk management by automatically calculating trade volume based on a user-defined risk percentage of account balance, adjusted for recent instrument volatility. The system aims to deliver mechanical execution without fatigue or impulse, supporting instruments such as Nasdaq, S&P 500, Dow Jones, Nikkei 225, and XAUUSD.

Key Features

• Automatic volume calculation based on risk percentage of balance with volatility adjustment
• Automatic currency conversion when required by the instrument
• Fully configurable entry and exit parameters
• Multiple exit management modes: time-based, fixed target, dynamic stop, or trend reversal
• Detailed risk calculation diagnostics in the MT5 Journal
• Designed for simultaneous operation on multiple instruments
• Supports Forward period optimization in the Strategy Tester to reduce over-optimization risk

Recommended Settings

Recommended pairs/instruments: Nasdaq, S&P 500, Dow Jones, Nikkei 225, XAUUSD (and other supported indices/gold). Timeframe: M15. Run the EA on at least 3 instruments at the same time for better risk distribution. For Nikkei 225, use fixed-lot mode during testing and keep drawdown under 10% (example starting point: 6 contracts on a $100,000 account). Always include a Forward period when optimizing and trade the selected configuration for an equivalent real-time period before re-optimizing. Start with conservative risk percentage settings and verify calculations in the Journal.

Advantages

• Applies the same risk rules consistently without emotional interference or fatigue
• Position size automatically adapts to account balance and instrument volatility
• Supports multi-instrument operation to reduce dependence on a single market
• Transparent risk diagnostics available in the MT5 Journal
• Flexible exit modes and configurable parameters for different risk profiles
• Promotes proper Forward testing methodology

Disadvantages

• Does not eliminate market risk or guarantee profits
• Results depend on market conditions, broker execution, spreads, and slippage
• Requires proper configuration and ongoing monitoring
• Performance can vary across different volatility regimes
• Over-optimization risk remains if Forward testing discipline is ignored
• Specific entry logic details are limited in the available description

Support & Disclaimer

Support:

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

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Disclaimer:

Forex and gold trading involve risk. Past performance doesn’t guarantee future results. Always test robots on demo before live trading and use proper risk management.