ForexPen – Download Free Forex EA, Indicators and More for Your Trading Needs

5 in 1 One Strategy MT5 Expert Advisor

The Five-in-One-Strategy EA is an MT5 Expert Advisor that combines five distinct trading strategies from well-known EAs already available in the market. EA provides traders with a multifaceted approach to market engagement by evaluating five distinct entry points over a range of timeframes. It then selects one of the five strategies for market entry, tailoring its approach according to the selected risk level.

The ability of Shelby MT5 EA to select which trading strategies to use and on what timeframes is its main feature when looking for entry points. Because of this adaptability, traders can adjust their strategy to suit their own risk tolerance, investing objectives, and the state of the market.

The optional martingale feature of MT5 Expert Advisor is a fascinating feature. When activated, this function enables the EA to gradually open several trades, raising the stake after a loss in order to make up for earlier losses and turn a profit. On the other hand, when the martingale option is turned off, the EA takes a more cautious approach and opens only one trade at a time, reducing exposure. Martingale is not enabled by default.

A tiny stop-loss and take-profit are built into every trade Shelby EA executes, providing an additional degree of protection against unanticipated movements and market volatility.

Recommendations

  • $100 is the minimum account balance. (You will require more capital if you enable the Martingale.)
  • Only work with AUDUSD, EURJPY, NZDUSD, XAUUSD, USDCAD, and GBPUSD. (Use any pair of currencies.)
  • Function Best on H1 or M30. (Work in Any Sequence)
  • This free forex EA should be run 24/5 on a VPS (Reliable and Trusted FOREX VPS – FXVM). 
  • low spread ECN account is also advised (Find the Perfect Broker For You Here).

No Minimum Deposit

ECN Acount

No Commission

Min Deposit of 20$
Allow USA Traders
Levergae up to 1:500

Share:

Facebook
Twitter
Pinterest
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

On Key

Related Posts

Simplified Gann Indicator Download

The fundamental ideas of Gann’s techniques are incorporated into this simplified indicator, which is a great tool for both new and seasoned traders. It is

Trend Focus Forex Trading Strategy

Because there are so many different tactics accessible, forex trading can often be overwhelming. But the infamous erroneous signals that are common to trend trading