Introduction

Executive R EA V1.89 MT5 is an automated trading system developed for the MetaTrader 5 platform. It is designed to analyze market conditions and execute trades automatically using structured algorithmic logic. The EA focuses on disciplined trade management, consistent risk control, and systematic execution to reduce emotional decision-making and improve trading efficiency.

Key Features

Fully automated trade execution
Built specifically for MT5 platform
Trend and momentum-based trading logic
Automatic stop-loss and take-profit placement
Adjustable lot sizing (fixed or percentage-based)
Spread and slippage filtering
Equity and drawdown protection settings
Multi-currency pair compatibility
Session-based trading control
VPS-ready for 24/5 uninterrupted trading

Recommended Settings

Recommended configuration may vary depending on broker and account size, but general guidelines include:

Timeframe: M15 or H1
Preferred Pairs: Major currency pairs with stable spreads
Risk Per Trade: 1%–2% of account balance
Lot Mode: Auto lot based on risk percentage
Max Spread: Use a low-spread ECN broker
VPS: Recommended for stable performance

Always test on a demo account before going live.

Backtest Result

Backtesting may typically indicate:

Better performance during trending or active market phases
Moderate drawdown with conservative risk settings
Sensitivity to broker spread and execution quality
Reduced efficiency during sideways market conditions

Live performance depends on market volatility and broker environment.

Advantages

Fully automated trading
Reduces emotional trading errors
Structured risk management
Adjustable input parameters
Compatible with MT5’s faster execution engine
Suitable for intraday or medium-term traders
Time-efficient for busy traders

Disadvantages

Performance depends on market conditions
Drawdowns are possible
Sensitive to spread and slippage
Requires monitoring despite automation
VPS hosting may add extra cost
No guaranteed profitability

Installation & Setup Guide

Download the Executive R EA V1.89 file (.ex5 or .mq5).
Open MetaTrader 5.
Click File → Open Data Folder.
Open the MQL5 folder and then the Experts folder.
Paste the EA file into the Experts folder.
Restart MT5.
Enable Algo Trading from the toolbar.
Open your preferred currency pair and timeframe.
Drag the EA from the Navigator panel onto the chart.
Adjust input settings according to your risk preference and click OK.

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.