Introduction

PHAZE o1 EA V2.11 MT5 is an automated trading system developed for the MetaTrader 5 platform. It is designed to analyze market conditions, identify trading opportunities, and execute trades automatically using predefined algorithms. The system focuses on combining structured trading logic with risk management to deliver consistent performance under varying market conditions.

Key Features

Fully automated trade execution
Advanced algorithm using technical indicators and price action
Built-in risk management (stop loss, take profit, trailing stop)
Customizable parameters for risk, lot size, and strategy behavior
Multi-currency pair support
News filter to avoid high-impact volatility
Backtesting and optimization support
Compatible with MetaTrader 5

Recommended Settings

Risk Level: Low to medium (1%–2% per trade)
Timeframe: M15 or H1
Currency Pairs: Major pairs such as EUR/USD, GBP/USD, USD/JPY
Lot Size: Auto lot or small fixed lot for beginners
VPS: Recommended for continuous operation
Broker Type: Low spread ECN broker preferred

Backtest Result

Stable growth curve with optimized settings
Controlled drawdown under proper risk management
Better performance in trending or moderately volatile markets
Reduced efficiency during highly erratic or ranging conditions

Advantages

Saves time through full automation
Eliminates emotional trading decisions
Consistent execution of strategy
Flexible settings for different risk profiles
Supports multiple pairs for diversification
Backtesting helps improve confidence

Disadvantages

No guaranteed profits
Performance varies with market conditions
Requires proper setup and optimization
Needs stable internet or VPS
Risk of drawdowns, especially with aggressive settings

Installation & Setup Guide

Download the EA file (.ex5)
Open MetaTrader 5 and go to File → Open Data Folder
Navigate to MQL5 → Experts and paste the file
Restart MetaTrader 5
Open a chart and attach the EA
Enable AutoTrading
Adjust settings (risk, lot size, timeframe)
Monitor performance regularly.

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.