Introduction

Zeno EA V1.77 MT5 is a sophisticated automated trading system named after the ancient Greek philosopher Zeno of Citium, embodying principles of rationality and emotional control in trading decisions. This advanced Expert Advisor combines cutting-edge artificial intelligence with proven trading methodologies to deliver consistent performance through mathematical precision and systematic execution. Built exclusively for MetaTrader 5, Zeno EA eliminates emotional trading decisions while implementing institutional-grade analytical capabilities.

The EA utilizes advanced machine learning algorithms that continuously adapt to changing market conditions, ensuring optimal performance across different economic cycles. Its design philosophy centers on "logical trading" where every decision is based on mathematical calculations, statistical analysis, and proven market theories rather than emotional reactions or speculative assumptions.

Key Features

Advanced Multi-Algorithm Trading Engine

• Integrates multiple proven strategies: trend analysis, momentum trading, mean reversion, statistical arbitrage
• Dynamic strategy allocation based on current market characteristics
• Automatic adjustment between trending and ranging market strategies
• Real-time pattern recognition across multiple timeframes

Sophisticated Risk Management System

• Dynamic position sizing based on volatility and account equity
• Multi-layer protection with adaptive stop losses and portfolio limits
• Correlation analysis to prevent over-exposure to similar trades
• Time-based risk controls during high-risk market events

Intelligent Market Analysis Framework

• Multi-dimensional analysis: price action, volume, volatility, economic calendar
• Advanced pattern recognition across multiple timeframes
• Sentiment analysis and contrarian opportunity identification
• Statistical indicator integration for enhanced decision-making

Dynamic Parameter Optimization

• Continuous performance analysis and parameter adjustment
• Walk-forward analysis and genetic algorithm optimization
• Real-time adaptation to changing market conditions
• Performance-based strategy weight modifications

Recommended Settings

Account Requirements

• Minimum Account Balance: $1,500 (recommended $3,000+)
• Leverage: 1:100 to 1:200
• Account Type: ECN/STP with competitive spreads
• Broker: Regulated broker with reliable execution and low latency

Optimal Configuration

• Risk Level: 8-20% (Conservative: 8%, Moderate: 15%, Aggressive: 20%)
• Maximum Concurrent Trades: 5-8 positions
• Primary Timeframes: H1 (main analysis), H4 (trend confirmation)
• Trading Sessions: 24/5 operation with session optimization

Currency Pair Settings

• Primary Pairs: EURUSD, GBPUSD, USDJPY, USDCHF
• Secondary Pairs: AUDUSD, NZDUSD, EURJPY, GBPJPY
• Maximum Spread: 1.0 pips (majors), 1.5 pips (crosses)
• Optimization: Multi-currency portfolio approach

Strategy Configuration

• Trend Following: 40% allocation during trending markets
• Mean Reversion: 35% allocation during ranging conditions
• Momentum Trading: 25% allocation during breakout periods
• Risk Management: Dynamic allocation based on market analysis

Backtest Results

Historical Performance Metrics

• Test Period: 18 months of high-quality tick data
• Total Return: 58-82% annually (varies by risk setting)
• Maximum Drawdown: 12-18% (depending on risk configuration)
• Win Rate: 69-76% (consistent positive expectancy)
• Profit Factor: 1.7-2.3 (strong profitability ratio)
• Average Trade Duration: 6-24 hours (strategy dependent)

Risk-Adjusted Performance

• Sharpe Ratio: 1.5-2.1 (excellent risk-adjusted returns)
• Calmar Ratio: 3.2-4.8 (superior drawdown management)
• Recovery Factor: 4.5-6.2 (outstanding recovery capability)
• Monthly Consistency: 82%+ profitable months

Strategy Performance Breakdown

• Trend Following: 78% win rate during trending periods

YoForex ClawdBot Claude, [30-01-2026 16:59]
• Mean Reversion: 72% win rate during ranging markets
• Momentum Trading: 74% win rate during breakout conditions
• Multi-Strategy: Consistent performance across all market types
Note: Results based on ECN broker with average 0.8 pip spreads. Performance may vary with different brokers and market conditions.

Advantages

Comprehensive Multi-Strategy Approach

• Diversified trading strategies reduce single-method risk
• Automatic adaptation to different market conditions
• Consistent performance across trending and ranging markets
• Professional-grade strategy integration and optimization

Advanced Risk Management

• Sophisticated portfolio-level risk controls
• Dynamic position sizing based on market volatility
• Correlation analysis prevents over-concentration
• Multiple safety mechanisms protect capital

Superior Execution and Precision

• Millisecond-precision trade execution without emotional bias
• 24/7 market monitoring and opportunity capture
• Consistent application of trading rules and risk management
• Professional-grade analytical capabilities

Continuous Performance Optimization

• Self-improving algorithms that adapt to market changes
• Real-time parameter optimization based on performance
• Dynamic strategy weighting for optimal results
• Comprehensive performance monitoring and analysis

Scalability and Professional Features

• Suitable for accounts from $1,500 to $100,000+
• Multi-currency portfolio management capabilities
• Institutional-quality analytical tools and reporting
• Compatible with VPS for reliable 24/7 operation

Disadvantages

Complex Setup and Learning Curve

• Advanced configuration options may overwhelm beginners
• Requires understanding of multi-strategy concepts
• Optimization process can be time-consuming
• Multiple parameters need careful adjustment

Significant Resource Requirements

• VPS recommended for optimal 24/7 performance
• Higher memory and processing power requirements
• Stable, low-latency internet connection essential
• Premium hosting costs for reliable operation

Broker Dependency and Market Sensitivity

• Performance heavily dependent on execution quality
• Requires specific broker conditions (low spreads, fast execution)
• May not work optimally with all broker types
• Sensitive to spread changes and slippage

Market Condition Limitations

• May struggle during extreme volatility or unprecedented events
• Performance can vary during major fundamental shifts
• Requires regular monitoring and occasional optimization
• No guarantee of profits despite sophisticated algorithms

Cost and Complexity Considerations

• Higher price point compared to basic EAs
• Requires investment in proper infrastructure
• Learning curve may discourage novice traders
• Regular maintenance and monitoring required

Installation & Setup Guide

Step 1: Pre-Installation Preparation

1. Download Zeno EA V1.77 MT5 package from authorized source
2. Ensure MetaTrader 5 build 3400 or higher
3. Verify broker supports multi-strategy automated trading
4. Set up VPS for reliable 24/7 operation (recommended)

Step 2: File Installation

1. Close all MetaTrader 5 instances
2. Open MT5 → File → Open Data Folder
3. Navigate to MQL5 → Experts folder
4. Copy Zeno_EA_V1.77.ex5 to Experts folder
5. Copy included .set files to MQL5 → Profiles → Templates
6. Restart MetaTrader 5 completely

Step 3: Platform Configuration

1. Tools → Options → Expert Advisors
2. Enable "Allow automated trading"
3. Enable "Allow DLL imports"
4. Set "Maximum bars in chart" to 100,000+
5. Configure "Maximum bars in history" to 500,000
6. Verify internet connection stability

Step 4: EA Deployment

1. Open EURUSD H1 chart (primary deployment chart)
2. Drag Zeno EA from Navigator → Expert Advisors
3. Configure key parameters: • Risk Percentage: 15% (moderate setting)
• Max Trades: 6
• Magic Number: 789123
• Enable All Strategies: True

4. Enable "Allow live trading" checkbox
5. Click "OK" to activate

Step 5: Multi-Currency Setup

YoForex ClawdBot Claude, [30-01-2026 16:59]
1. Open charts for all supported currency pairs
2. Apply Zeno EA to each chart with same Magic Number
3. Verify EA shows "Trading Allowed" on all charts
4. Monitor initial strategy selection and trade execution
5. Check correlation limits and portfolio balance

Step 6: Monitoring & Optimization

1. Week 1-2: Monitor on demo account for performance validation
2. Week 3-4: Analyze strategy performance and execution quality
3. Month 2: Optimize parameters based on broker conditions
4. Month 3+: Scale up gradually based on proven results
5. Ongoing: Weekly performance review and adjustment

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.