
Description
Introduction
Steev Pro EA V3.00 MT5 is an Expert Advisor designed for MetaTrader 5. It uses a combination of the author’s indicators, levels, and price action to trade XAUUSD. The EA focuses on placing only one order at a time with a fixed Stop Loss and Take Profit, following a 1:3 risk-reward ratio. It avoids martingale and other high-risk methods, aiming for structured and controlled automated trading.
Key Features
- Platform: MT5
- Trading approach: Author’s indicators + levels + price action
- Only one order at a time
- Mandatory Stop Loss and Take Profit on every trade
- Risk-reward ratio: 1:3
- No martingale or dangerous recovery methods
- Designed for XAUUSD
- Works on M15 timeframe
- VPS highly recommended
- Compatible with any account type and most brokers (low spread preferred)
- Easy installation
Recommended Settings
Pair: XAUUSD
Timeframe: M15
Minimum recommended deposit: $500
Leverage: 1:500 (or as per broker)
Always use a reliable VPS for stable operation. Exact input parameters should be verified with the official documentation or seller before live use. Start with demo testing and conservative risk.
Advantages
- Clear risk control with fixed Stop Loss and Take Profit on every position
- Strict single-order rule helps limit over-exposure
- No martingale or grid-style recovery methods
- Simple concept based on indicators, levels, and price action
- Reduced screen time through automation
- Works with most brokers when low spreads are available
Disadvantages
- Limited to XAUUSD and mainly M15 timeframe
- Full strategy logic and exact indicator settings are not publicly detailed
- Performance still depends on market conditions, spread, and slippage
- Requires a VPS for reliable 24/5 operation
- Backtest results are historical and do not guarantee future performance
- Not suitable for traders seeking multi-pair or highly flexible systems
Support & Disclaimer
Support:
If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:
Telegram Group: Join our community
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.
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