
Fidelity MT5 is an expert advisor for MetaTrader 5 that uses trend detection to open and manage forex trades with a short list of inputs. It can run on several symbols and timeframes, and the default setup is aimed at M30.
Get one message the moment it launches, with its price.
Fidelity MT5 is an automated expert advisor for MetaTrader 5. It reads the direction of the market with a built-in trend detection routine and places trades on forex pairs, with a short list of inputs so that you do not have to build a complicated setup.
The expert advisor analyses price on the chart it is attached to and looks for the prevailing trend. Its signal logic draws on trend, support and resistance, and volume information, and it opens and manages positions without manual input. Because the signal engine has few adjustable parameters, most of your decisions are about risk and position size rather than indicator tuning.
The tool is built for forex currency pairs and can be attached to any timeframe. The default values are intended for the M30 chart, which is a sensible starting point for demo testing. You can run it on several charts and symbols at once. If you do, reduce the volume on each chart, because open positions on different pairs add to your total exposure.
The input list is short. Open the Inputs tab when you attach the expert and read each field before trading. The table below shows what to review; exact names and defaults are shown in your terminal.
| Area | What to check |
|---|---|
| Lot size | Use a fixed lot for testing; size live trades to your account and tested drawdown |
| Symbol and timeframe | Defaults suit M30; confirm on your broker's data |
| Order identification | Keep identifiers distinct if you run several charts |
| Protection options | Review stop and exit related inputs against your risk limits |
A light optimisation approach works best. In the Strategy Tester, use a fixed small lot, such as the minimum your broker allows, and a large test balance. Compare the sets by drawdown as well as total result, then scale the lot size to suit your real account. Use a smaller share of the tested volume for live trading than you used in the test.
Trading carries risk and you can lose some or all of your capital. Past and tested results do not predict future ones. Test on a demo account first and never risk money you cannot afford to lose.
For continuous operation, a VPS or an always-on computer with a stable internet connection is recommended, since the expert only trades while the terminal is running.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (MT5) |
| Strategy focus | Signals, Trend, Support and resistance, Volume |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Markets | Forex currency pairs |
| Timeframes | Works on any timeframe; defaults are aimed at M30 |
| Trade style | Trend following with support, resistance and volume context |
| Position sizing | Fixed lot option; check the inputs for other modes |
| Requirements | Algo trading enabled, stable connection or VPS |
| Installation | Copy to the MQL5 Experts folder and attach to a chart |
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No. This product is built for MetaTrader 5 only. It will not load in MT4, so check that your broker offers an MT5 account before buying.
The expert advisor is designed for forex pairs and can be attached to any timeframe. The default values are intended for M30. Test other symbols and timeframes in the Strategy Tester on your own broker's data before using a live account.
Open MT5, choose File, then Open Data Folder, and copy the expert file into MQL5/Experts. Restart the terminal or refresh the Navigator, drag the expert onto a chart and make sure Algo Trading is switched on.
For optimisation, a fixed small lot on a large test balance keeps results easy to compare. For live trading, set the lot size from the drawdown you saw in testing and the size of your account. If you run several charts, lower the volume on each one.
Any MT5 broker that allows expert advisors should work, but spreads, execution speed and symbol naming differ. Check the minimum deposit and trading conditions with your broker, and test on a demo account first.
No. Trading carries risk, you can lose money, and past or tested results do not predict future results.
Fidelity MT5
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