Introduction

Louis Ultra Step EA V3.0 MT5 is an automated trading system developed for the MetaTrader 5 platform. It is designed to analyze market conditions and execute trades automatically using predefined algorithmic rules. The system aims to simplify trading by removing manual intervention and maintaining consistent execution.

Key Features

Fully automated trading execution
Advanced technical analysis-based logic
High-speed order execution
Customizable inputs (lot size, SL, TP, risk level)
Grid/martingale recovery system (in most versions)
Multi-pair and multi-timeframe compatibility
Backtesting and optimization support
VPS compatibility for 24/7 trading

Recommended Settings

Timeframe: M15 or H1
Currency pairs: EURUSD, GBPUSD (low spread pairs)
Lot size: 0.01 per $100 balance
Stop Loss: 30–100 pips
Take Profit: 50–150 pips
Risk level: Low to medium
Use VPS: Recommended for stable execution

Backtest Result

Tested using MT5 Strategy Tester on historical data
Shows metrics such as:
- Profit and loss
- Drawdown
- Win rate
- Equity curve
Good results usually indicate steady growth with controlled drawdown
Live results may vary due to real market conditions

Advantages

Eliminates emotional trading
Saves time through automation
Executes trades quickly and accurately
Allows backtesting before live use
Customizable risk management settings
Can run continuously with VPS

Disadvantages

High drawdown risk if using martingale/grid
Performance depends on market conditions
Requires monitoring despite automation
Broker conditions affect performance
Risk of over-optimization in backtests
No guarantee of consistent profit

Installation & Setup Guide

Download the EA file (.ex5 or .mq5)
Open MetaTrader 5
Go to File → Open Data Folder
Open MQL5 → Experts folder
Paste EA file into Experts folder
Restart MT5 or refresh Navigator
Drag EA onto chart
Enable Algo Trading
Adjust inputs (lot size, SL, TP, risk)
Test on demo account before live trading.

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.