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Big Forex Players MT5 is an expert advisor that combines three selectable strategies: externally supplied bank positions, an RSI/MACD/Stochastic signal system and a multicurrency price action robot. It includes a news pause and a spread limit.
Get one message the moment it launches, with its price.
Big Forex Players MT5 is an expert advisor for MetaTrader 5 that bundles three separate ways of generating trades. You can run one strategy alone or enable several at once, depending on how much activity and risk you want on the account.
The EA is built around three strategy modules. Each one opens trades with a take profit and a stop loss attached.
This module receives position data from an external database and executes it on your terminal. It opens one position per pair at a time and is aimed at medium to long holding periods. Because the data comes from outside the platform, the terminal needs a working internet connection, and you should confirm with the seller how the feed is accessed.
This module builds signals from RSI, MACD and Stochastic readings on the H4 to D1 charts. As with the bank module, it holds one position per pair at a time and targets medium to long-term moves.
The third module combines price action, cycle strength, SMA strength, RSI and two built-in custom indicators. It has low, medium and high risk modes. Depending on the mode, it may hold more than one position on a pair at once. Holding periods are shorter, from short to medium term.
The product is designed for Forex pairs. The indicator module works on H4 to D1. The other modules manage their own timeframe logic, so check the manual for the chart to attach the EA to and for the list of supported symbols. Brokers that add suffixes to symbol names may need extra configuration.
Exact input names and defaults are not listed here, so read the manual and the input tab before trading. The table below shows the areas to review.
| Area | What to check |
|---|---|
| Strategy selection | Which modules are enabled and whether they run together |
| Risk percentage | The share of the balance risked per trade |
| Risk mode | Low, medium or high for the multicurrency module |
| Maximum spread | The limit above which no new trade is opened |
| News filter | Window length and on/off state |
| Symbol names | Broker suffixes or prefixes |
For the Strategy Tester, a common starting point is a deposit near 1,000 USD, Every tick modelling, a custom date range and a risk value in the 5 to 10 percent range. Remember that the bank-position feed is external, so a backtest may not reproduce it fully. Forward test on a demo account before using real funds.
Trading carries risk and you can lose some or all of your capital. Past results, including backtests and any published track record, do not predict future ones. Higher risk modes and risk percentages increase the size of possible losses. Do not trade money you cannot afford to lose.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, multi-strategy |
| Strategy tag | Support and resistance, price action, indicator signals |
| Markets | Forex pairs, including multicurrency operation |
| Timeframes | Indicator strategy uses H4 to D1; other strategies vary |
| Trade style | Short, medium and long-term positions, depending on strategy |
| Requirements | Algo trading enabled; internet access for the bank-position feed |
| Broker compatibility | Stated to work with most brokers; check your account type |
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This listing is for the MetaTrader 5 build only. A separate MetaTrader 4 edition exists, but it is a different product and an MT5 licence does not cover it. Check the platform shown on the product page before you buy.
The EA is described as compatible with most Forex brokers and prop trading firms. Spreads, execution speed, symbol suffixes and rules on automated trading differ between firms, so check these with your broker before going live and test on a demo account first.
A sensible starting point is a deposit of about 1,000 USD, a custom date range, the Every tick modelling mode and a risk percentage in the 5 to 10 range. The bank-position strategy relies on an external data feed, so tester results for that part may not match live behaviour. Treat any backtest as a rough guide only.
Yes. The strategies can be switched on independently or used together. Read the input descriptions and the manual that comes with the product to see how each one is enabled and how they share risk settings.
It includes a news filter that stops new positions for a window before and after high-impact releases. The exact window and whether it can be adjusted should be confirmed in the inputs. Positions already open are not necessarily closed by the filter.
No result can be promised. Trading carries risk, you can lose part or all of your deposit, and past results do not predict future ones. Test on a demo account and use position sizes you can afford.
Big Forex Players MT5
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