
Description
Introduction
Tinga Tinga New EA V1.0 MT5 is a fully automated Expert Advisor designed for the MetaTrader 5 platform. It is built to identify trading opportunities, execute trades, and manage positions according to predefined rules. The EA is commonly used on gold and selected currency pairs, helping traders reduce manual monitoring while following a structured approach.
Key Features
- Fully automated trading on MetaTrader 5
- EMA crossover strategy with pip-distance filters
- Multiple preset files for different risk levels
- Fixed and dynamic lot sizing options
- Built-in stop loss and take profit management
- Magic number support for multi-EA usage
- Compatible with standard and ECN accounts
- VPS friendly for continuous operation
Recommended Settings
Pair: XAUUSD (Gold) primarily, other major pairs possible
Timeframe: M15 or H1
Minimum Deposit: Suitable for accounts starting from a few hundred dollars depending on risk settings
Account Type: ECN or Standard with competitive spreads
Leverage: 1:200 or higher recommended
Presets: Classic Conservative, Smart Progressive Balanced, or Smart Progressive Extreme according to risk preference
VPS: Strongly recommended for stable 24/7 performance
Advantages
- Removes the need for constant screen watching
- Provides consistent rule-based execution
- Offers multiple presets to match different risk styles
- Supports both fixed and balance-based lot sizing
- Works well with VPS for uninterrupted running
- Can be tested thoroughly in the MT5 Strategy Tester
Disadvantages
- Performance depends heavily on broker spreads and execution quality
- Results can vary significantly in different market conditions
- Requires proper testing and monitoring before live use
- Not suitable for traders seeking guaranteed profits
- Incorrect settings or aggressive risk can lead to larger drawdowns
- Needs a stable VPS connection for reliable operation
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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