Introduction

Qyra EA V2.3 MT5 is an automated trading system designed for MetaTrader 5 that operates using algorithm-based logic to identify and execute short-term forex trading opportunities. It runs fully automatically and is built to support traders who prefer structured, rule-based execution with controlled risk management.

Key Features

Fully automated MT5 trading system
Algorithm-based entry and exit signals
Scalping and intraday trading strategy
Built-in stop loss and take profit
Continuous market monitoring
Customizable lot size and risk settings
Works on major forex pairs
Optimized for fast execution environments

Recommended Settings

Timeframe: M5 or M15
Currency Pairs: EUR/USD, GBP/USD, USD/JPY
Lot Size: 0.01 per $1000 balance (adjustable)
Risk Level: 1%–3% per trade
Spread: Below 1.5–2 pips recommended
Broker Type: ECN or Raw Spread account
VPS: Strongly recommended
Trading Sessions: London and New York sessions

Backtest Result

Shows stable performance in controlled market conditions
Works best in low-spread and high-liquidity environments
Moderate trade frequency with controlled exposure
Drawdowns may occur during high volatility periods
Results vary based on broker execution and data quality
Requires optimization before live trading

Advantages

Fully automated and emotion-free trading
Saves time and reduces manual effort
Consistent rule-based execution
Works continuously without supervision
Customizable risk management settings
Suitable for beginners and intermediate traders
Can be used for strategy diversification

Disadvantages

Strong dependency on broker conditions
Requires VPS for stable performance
Not suitable for high-spread accounts
Vulnerable during news volatility
No guaranteed profits; drawdowns possible
Needs proper setup and testing before live use

Installation & Setup Guide

Download EA file (.ex5)
Open MT5 and go to File → Open Data Folder
Paste file into MQL5 → Experts folder
Restart MT5 platform
Attach EA to a chart
Enable AutoTrading
Set lot size, risk, SL, TP
Allow DLL imports if required
Use VPS for best performance
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.