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About This EA
Overview :
- Shreyas EA V1.0 MT5 is an automated Expert Advisor developed for the MetaTrader 5 platform.
- It is designed to execute trades automatically based on predefined market logic and technical conditions.
- The EA focuses on consistency, discipline, and risk-controlled trading rather than aggressive execution.
- Shreyas EA V1.0 MT5 is suitable for traders who want a structured and rule-based trading approach.
- It works well for traders who prefer automation to reduce emotional and impulsive decisions.
Key features :
- Fully Automated Trading: Executes trades automatically without manual intervention.
- MT5 Optimized: Built specifically for MetaTrader 5 for smooth and fast execution.
- Risk Management System: Uses Stop Loss and Take Profit to control losses and secure profits.
- Stable Trading Logic: Avoids overtrading by filtering weak market conditions.
- User-Friendly Inputs: Easy-to-understand parameters for beginners and professionals.
- Low Maintenance EA: Requires minimal adjustments once properly configured.
Strategies :
- Trend-Based Strategy: Identifies market direction and trades in alignment with the trend.
- Momentum Trading: Enters trades when price strength confirms continuation potential.
- Market Filter Strategy: Avoids trades during low volatility or unclear market conditions.
- Controlled Entry Logic: Focuses on quality trades instead of high-frequency execution.
- Risk-Control Strategy: Maintains balanced exposure to reduce drawdowns.
Recommended settings :
- Timeframes: Best performance on M15 and H1 charts.
- Risk Level: Conservative risk of 0.5% to 1% per trade is recommended.
- Lot Size: Use fixed or balance-based lot sizing depending on account size.
- Stop Loss & Take Profit: Set according to pair volatility and timeframe.
- Trading Sessions: Works best during active market hours for better liquidity.
Advantage :
- Emotion-Free Trading: Eliminates fear and greed from decision-making.
- Consistent Execution: Follows the same rules on every trade.
- Beginner Friendly: Simple setup with clear settings.
- Time Saving: No need for constant chart monitoring.
- Capital Protection Focused: Emphasizes risk control over aggressive gains.
Disadvantage :
- Not High-Frequency: May generate fewer trades compared to scalping systems.
- Market Dependency: Performance depends on market trends and volatility.
- Requires Patience: Designed for steady growth rather than quick profits.
- Broker Conditions Matter: Spread and execution quality can affect results.
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.
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