Turtle EA V3.03 MT5

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Expert Advisor type
Turtle EA V3.03 MT5
Type
EA
Platform
MT5
Version
3.03
Category
Expert Advisor type
Date
5/28/2026
Pricing
Free

Description

Turtle EA V3.03 is a fully automated MetaTrader 5 Expert Advisor based on the legendary Turtle Trading System. It captures market trends using breakout logic, ATR-based trailing stops, and volatility filters while eliminating human emotion.

πŸ“Œ Key Features

  • ⚑ ATR-Based Trailing Stop – Adapts to market volatility automatically
  • πŸ“Š EMA Trend Filter – Prevents counter-trend breakouts
  • πŸ›‘οΈ AutoLock Equity Protection – Acts as a circuit breaker for drawdowns
  • ⏱️ Pending Order TTL – Removes stale orders after set minutes
  • πŸ’° Capital per Lot Sizing – Dynamic position scaling based on account equity
  • πŸ”’ Magic Number Support – Run multiple instances without conflict
  • πŸ“° Manual News Filter – Pause trading during high-impact events
  • πŸ”„ Simultaneous Buy/Sell – Optional hedging capability

βš™οΈ Recommended Settings

Pairs: EURUSD, GBPUSD, USDJPY, XAUUSD (Gold)
Timeframe: H4 or D1 (Daily)
Capital per 0.01 lot: 1000 (for $10k account)
Enable EMA Filter: true
Enable ATR Filter: true
ATR Multiplier for SL: 1.5
Pending Order Distance: 50
TTL in Minutes: 1
Max Orders: 1

βœ… Advantages

  • βœ”οΈ No grid, no martingale – pure trend following
  • βœ”οΈ Transparent logic using standard MT5 indicators
  • βœ”οΈ Works on Forex, Gold, and indices
  • βœ”οΈ Removes emotional trading decisions
  • βœ”οΈ Scalable risk via capital per lot

❌ Disadvantages

  • ❌ Low win rate (30-35%) – requires patience
  • ❌ Performs poorly in ranging markets
  • ❌ Requires larger account ($2,000+ minimum)
  • ❌ Not suitable for scalping or day trading
  • ❌ Needs ECN broker for optimal execution

Support & Disclaimer

Support

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

WhatsApp: Click here

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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