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EvoTrade EA is an MT5 expert advisor that uses six ATR-based volatility filters, Bollinger Bands and a moving average to decide when to open trades in trending or ranging conditions. Lot size is set through a risk module.
Get one message the moment it launches, with its price.
EvoTrade EA is an expert advisor for MetaTrader 5 that combines trend-following and grid-style logic. It uses six separate ATR-based factors to estimate whether the market is flat or trending, and adjusts how it enters and manages trades accordingly.
Instead of relying on a single volatility reading, the EA compares several ATR measurements to separate ordinary price noise from meaningful movement. The aim is to avoid entries during very quiet periods and to treat positions more carefully when volatility rises sharply. The result of this volatility analysis decides which type of behaviour the EA applies: a more trend-oriented approach or a range-oriented, grid-style approach.
Signals from the ATR logic can be checked against Bollinger Bands and a moving average before an order is placed. A market correlation option adds a further check, using relationships between related instruments to avoid trades that conflict with the wider picture.
Take profit is adaptive and is based on ATR, so targets move with current volatility instead of staying at a fixed distance.
The EA is designed for forex currency pairs on MT5. The developer describes using one universal set file across many pairs. The exact list of symbols and the recommended timeframe should be taken from the set files and instructions that come with the download, and checked against your own broker's symbol names, spreads and execution.
Inputs are arranged in groups. Exact default values are not listed here, so review each group in the Inputs tab before running the EA on a live account.
| Group | What it controls |
|---|---|
| General settings | Lot size, risk management and trade permissions |
| Entry settings | The six ATR factors used for volatility adaptation |
| Entry filters | Bollinger Bands and moving average confirmation |
| Close settings | ATR-based adaptive take profit |
| Time schedule | Limits trading to chosen hours |
| Market correlation | Intermarket check used to validate entries |
The developer states that the EA does not use martingale or progressive lot multiplication and that lot size is governed by a risk module. Grid-style systems can still hold several positions at once, so exposure can grow in a sustained move against the account. Check the lot, risk and maximum position inputs carefully and test on a demo account first.
Trading carries risk, and you can lose some or all of your capital. Past results, including any published signal history, do not predict future ones. Test with your own broker and settings before using real funds.
For continuous operation, keep the terminal running and connected, for example on a VPS.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Signals, Trend, Grid |
| Delivery | Digital download supplied as an archive |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (Experts folder) |
| Strategy style | Hybrid trend and grid logic, with signal confirmation filters |
| Markets | Forex currency pairs; check the supplied set files for the pairs covered |
| Timeframes | Check the supplied set files for the recommended timeframe |
| Core logic | Six ATR factors, Bollinger Bands, moving average, correlation check |
| Requirements | MT5 terminal, algorithmic trading enabled, stable connection or VPS |
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No. This product is built for MetaTrader 5 and will not run on MetaTrader 4. Make sure your broker offers an MT5 account before you buy.
Extract the downloaded archive, then in MT5 choose File, Open Data Folder and copy the expert file into MQL5/Experts. Restart the terminal or refresh the Navigator, drag the EA onto a chart and enable algorithmic trading. Load a set file through the Inputs tab if one is included.
The description mentions a single universal set file used across several currency pairs, but you should check the set files and instructions that come with your download for the recommended symbols and timeframe, and then test them on your own broker's data.
The developer states that it does not multiply lot sizes progressively and that position size is controlled through a risk module. Because it has grid-style behaviour, you should still review the lot and risk inputs and test on a demo account to see how multiple positions behave.
No minimum deposit is given here. It depends on your broker, the symbols traded, your lot and risk settings and the drawdown you can tolerate. Check the settings and test on a demo account before choosing a balance.
An expert advisor only trades while the terminal is running and connected. A VPS is a common way to keep it running continuously, but it is not required if your computer stays on and online.
EvoTrade EA
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