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BotGPT MT5 is an intraday expert advisor for MetaTrader 5 built for EURUSD on the M15 chart. It uses price action and analysis models, places a stop loss on each trade and offers an optional news filter.
Get one message the moment it launches, with its price.
BotGPT is an automated trading tool for MetaTrader 5 that trades EURUSD on the M15 chart. It follows an intraday approach, opens trades at a measured pace and is designed to work with a stop loss on every position.
The EA combines price action with analysis models to decide when to enter. It is described as avoiding grid and martingale methods, so it does not add to losing positions in an attempt to recover them. Because of that, an equity curve is unlikely to be a smooth line, and losing periods should be expected.
Trades are handled in groups of two. The first trade is opened on a signal. A second trade is only opened if the first does not reach its target, and that follow-up position may remain open for several days. Check the author's manual to understand how the pair is sized and managed before running it on a live account.
An optional filter connects to news sources and rates major scheduled events, so the EA can stay out of the market around them. Treat it as an extra control rather than a guarantee against volatility, and confirm that your terminal allows the web requests it needs.
The EA is supplied ready to run with default values. The available inputs are listed below. Exact defaults and ranges depend on the build you receive, so read them in the input window and the manual.
| Input group | Purpose |
|---|---|
| Lots in % of risk | Sizes positions as a share of the account you choose to risk |
| Trading hour | Limits the hours in which new trades may open |
| Automated money management | Adjusts position sizing automatically |
| Filter news | Turns the news filter on or off |
| Take profit settings | Controls profit targets |
| Stop loss settings | Controls the protective stop |
Preset files may be offered by the author. If you use one, compare it with the defaults and understand what each change does.
Start on a demo account and run a backtest in the MT5 Strategy Tester on your own broker's data. Keep the risk percentage low at first and raise it only if you are comfortable with the drawdowns you observe. Check the minimum deposit and leverage that suit your broker and the risk setting you plan to use.
Trading carries a high level of risk and is not suitable for everyone. You could lose part or all of your capital. Backtests and past results do not predict future performance. Only trade with money you can afford to lose.
For continuous operation, consider a VPS so the terminal stays online.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | General |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Symbol | EURUSD only |
| Timeframe | M15 |
| Trade style | Intraday, low trade frequency, some trades may stay open for days |
| Account type | ECN or raw spread account with a low-spread broker preferred |
| Suggested setup | VPS for continuous operation; check broker leverage and deposit |
| Risk controls | Stop loss, risk-based lots, optional news filter |
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The EA is intended for EURUSD on the M15 chart only. Attaching it to other symbols or timeframes is outside its design and is not recommended.
No. This version is built for MetaTrader 5 and will not run on MT4. Check that your broker offers MT5 accounts before buying.
Low-spread conditions are preferred, such as an ECN or raw spread account. Wide spreads can change how a short-term strategy behaves, so compare your broker's spreads with the conditions used in any backtest you review.
It is meant to run with its default settings, and the inputs cover lot size as a percentage of risk, trading hours, money management, news filter, take profit and stop loss. Review each input and the manual provided by the author, and test on a demo account first.
A VPS is advisable if you want the EA to run continuously, because the terminal must stay open and connected for it to manage trades. A stable connection reduces the chance of missed signals.
No. Trading carries risk, you can lose part or all of your capital, and past or backtested results do not predict future ones. Use a demo account and risk only money you can afford to lose.
BotGPT MT5
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