Overview :

The Morvan EA V2.10 MT5 is a sophisticated algorithmic trading system meticulously engineered for the MetaTrader 5 (MT5) platform. In an era where market volatility can shift in milliseconds, this Expert Advisor provides a data-driven edge by executing trades based on complex mathematical models rather than human intuition. Designed for the global Forex market, the Morvan EA specializes in identifying high-probability setups across a wide range of currency pairs, making it a versatile asset for modern fintech portfolios.

Key features :

Multi-Pair Compatibility: Unlike single-asset bots, the Morvan EA is optimized to run effectively across all major, minor, and exotic forex pairs simultaneously.
Trend & Volatility Analysis: The EA uses proprietary filters to distinguish between genuine market breakouts and "noise," ensuring entries are timed with precision.
Institutional Logic: The code is designed to follow Smart Money principles, seeking areas of high liquidity and institutional order flow.
Dynamic Risk Shield: Every trade is hard-coded with specific stop-loss and take-profit levels to ensure absolute capital protection.
News Integration: A built-in economic filter allows the system to pause during high-impact news events, such as NFP or central bank rate decisions.

Strategies :

The primary strategy of the Morvan EA V2.10 MT5 is a Trend-Following Momentum model. It identifies established market directions on higher timeframes and enters trades during minor price retracements to maximize the probability of success.

Additionally, the EA utilizes Volatility Breakout logic. When price action consolidates into a tight range, the bot sets invisible triggers at key support and resistance levels. Once a high-volume breakout occurs, the EA enters the market to capture the initial surge. For more advanced recovery, it can employ a Smart Grid mechanism, which manages drawdowns by strategically averaging positions only when market conditions suggest a high likelihood of a trend reversal.

Recommended settings :

Timeframe: M15 or M30 is recommended for the best balance of trade frequency and signal reliability.
Account Type: ECN or Raw Spread accounts are mandatory to ensure low latency and minimal trading costs.
Leverage: 1:100 to 1:500.
Risk Management: A conservative lot size of 0.01 per $1,000 of account equity is advised for long-term stability.

Advantage :

The Morvan EA offers 24/5 Market Coverage, ensuring no opportunity is missed across the London, New York, and Tokyo sessions. By removing human psychology—such as fear and greed—from the equation, it maintains a level of discipline that manual traders rarely achieve. Its multi-pair capability also allows for natural risk diversification, as gains in one currency can often offset temporary pullbacks in another.

Disadvantage :

Automation is not without requirements. The Morvan EA needs a constant internet connection via a VPS to manage trades effectively. Furthermore, while the bot is highly adaptable, it may underperform in "choppy" or sideways markets where no clear trend is established, leading to small, repetitive stop-outs until volatility returns.

Conclusion :

The Morvan EA V2.10 MT5 is a powerful tool for traders seeking consistent, disciplined market participation. By combining advanced trend-following logic with institutional-grade risk management, it provides a robust framework for navigating the Forex market. While it requires a stable technical environment and periodic optimization, its ability to automate complex strategies makes it an essential component of a modern trading setup.

Installation guide :

Step 1: Copy the .ex5 file into the MQL5 > Experts folder of your MT5 directory.
Step 2: Refresh the Navigator window in MT5 and drag the EA onto your preferred chart.
Step 3: Enable "Allow Algo Trading" in both the terminal settings and the EA's common tab.
Step 4: Load your desired .set file in the Inputs tab and click OK to begin.

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: https://wa.me/+443300272265

Telegram Group: https://t.me/yoforexrobot

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.