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Blue Sky Plus is an MT5 expert advisor that opens and reverses positions automatically from an indicator-based signal logic. It is meant for stocks and commodities on the H1, M15 or D1 timeframe.
Get one message the moment it launches, with its price.
Blue Sky Plus is an expert advisor for MetaTrader 5 that opens and manages positions from a signal logic built on several indicators and rules. It is aimed at stocks and commodities rather than currency pairs, and it is designed to act on fewer, more selective entries instead of trading constantly.
After you attach the EA to a chart, it monitors the market and places trades on its own when its conditions are met. When the signal turns the other way it also takes reverse trades automatically, so you do not need to enter orders by hand. The developer describes the logic as a combination of indicators and trading rules. The exact formulas are not published, so it is best treated as a closed system that you judge through your own testing.
The developer says the EA suits commodities and stocks and is not intended for forex. Three timeframes are suggested:
The most suitable timeframe can vary from one symbol to another, and symbol names and trading hours differ between brokers. Test on the data of the broker you plan to use.
The inputs are preset by the developer and are not meant to be tuned. The table below lists what you should check before running it.
| Item | What to check |
|---|---|
| Symbol | A stock or commodity offered by your broker on MT5 |
| Timeframe | H1, M15 or D1, chosen after testing |
| Position size | Review the lot or quantity input and keep it fixed |
| Other inputs | Leave at defaults unless you have tested the change |
Run the EA in the Strategy Tester on your chosen symbol and timeframe, covering at least a year of history, and then follow it on a demo account. If the test does not look acceptable to you, do not use that combination live.
Trading carries risk, and you can lose some or all of the money you put in. Past results and backtests do not predict future ones. Only trade with funds you can afford to lose, and try the EA on a demo account first.
Keep the terminal running, ideally on a VPS, so the EA can follow the market without interruption.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (MT5) |
| Strategy focus | Signals |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Strategy type | Signal-based, multi-indicator, with automatic reverse trades |
| Suited markets | Stocks and commodities (not intended for forex) |
| Timeframes | H1 (first choice), M15, D1 |
| Settings | Preset inputs; test before changing anything |
| Requirements | MT5 terminal, a broker offering your chosen symbol, AutoTrading enabled |
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No. This listing is for MetaTrader 5 and the expert advisor is built for the MT5 terminal. It will not load in MT4. Check that your broker offers an MT5 account before you buy.
The developer states it is designed for commodities and stocks and is not meant for currency pairs. Test any symbol in the Strategy Tester and on a demo account before trading it with real money.
The suggested order is H1 for fewer and more selective signals, M15 for more frequent signals, and D1 for a longer-term approach. The best choice can differ by symbol, so run your own tests on your broker's data.
The inputs are preset and the developer says they do not need adjusting. Open the Inputs tab to see what is available, and if you change something, test it first in the Strategy Tester.
In MT5 choose File, then Open Data Folder, and place the expert advisor file in MQL5/Experts. Restart the terminal or refresh the Navigator, drag the EA onto a chart, and enable AutoTrading.
No. Trading carries risk and past results do not predict future ones. Backtests and demo runs help you judge the behaviour, but they cannot promise any outcome on a live account.
Blue Sky Plus
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