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Forex Master Expert Advisors is an MT5 expert advisor that reads the market's direction at the start of the day and trades with it, opening at most one trade per day. It is built for EURUSD on M15 and has an optional news filter.
Get one message the moment it launches, with its price.
Forex Master Expert Advisors is an automated trading tool for MetaTrader 5. It works out a direction for the trading day from recent price data and then follows that direction, placing no more than one trade per day. It is aimed mainly at EURUSD on the M15 chart.
The EA analyses price data to decide which way the market is leaning, then opens a position in that direction and manages it through the day. The developer describes this as a one-day, one-trade approach, so it does not keep adding positions as price moves. The developer also states that it uses no martingale or grid functions. The store tags include a grid label, so confirm the actual behaviour yourself in the Strategy Tester and on a demo account before relying on it.
The recommended setup is EURUSD on M15. The developer does not describe other symbols or timeframes, so treat anything else as untested. If you want to try another pair, run your own tests first and compare spreads, swaps and trading hours with those of EURUSD.
The exact list of inputs is not given here, so open the EA's Inputs tab after attaching it and read each parameter before going live. One feature to look for is the news filter.
| Item | What to check |
|---|---|
| News filter | Switch it on if you do not want to trade during news times, and check how it gets its event data |
| Lot size or risk | Set a size that suits your balance and stop-out level |
| Symbol and timeframe | EURUSD, M15 as recommended |
Minimum deposit and broker requirements are not stated, so check these with your broker and in testing.
A single trade per day limits activity, but each trade can still lose. Check stop-loss and take-profit handling in the inputs, and test spreads and slippage with your own broker.
Trading carries risk and past results do not predict future ones. Test on a demo account first and never trade money you cannot afford to lose.
For continuous operation, run the terminal on a VPS or a computer that stays online.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (MT5) |
| Strategy focus | Trend, Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Recommended symbol | EURUSD |
| Recommended timeframe | M15 |
| Trade style | Trend following, one trade per day |
| News filter | Optional, can be switched on or off |
| Requirements | Algo trading enabled, terminal running continuously (VPS advised) |
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This listing is for the MT5 build and will not run on MetaTrader 4. The developer mentions a separate MT4 edition, so check the store for that product if you use MT4.
The developer recommends EURUSD on the M15 timeframe, and the logic is designed around that setup. Other symbols or timeframes are not described, so test them thoroughly in the Strategy Tester before using them on a live account.
The developer states that it does not use martingale or grid functions and instead places one trade per day. The store lists a grid tag for this product, so run it in the Strategy Tester and on a demo account to confirm how it behaves before risking real money.
Copy the EA file into the Experts folder of your MT5 data folder (File, Open Data Folder, MQL5, Experts), restart the terminal or refresh the Navigator, then drag the EA onto a EURUSD M15 chart. Make sure Algo Trading is enabled.
Yes. The EA includes a news filter option for users who do not want to trade during news times. Check the input list in the EA's properties window for the exact parameters, and make sure any web or calendar access it needs is permitted in your terminal.
No. Trading carries risk and past results do not predict future ones. Test on a demo account first and only trade with money you can afford to lose.
Forex Master Expert Advisors
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