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Magic BC Trader is an MT5 expert advisor that opens trades automatically, with switches for buy and sell orders, a starting lot input and moving average settings. It can be attached to forex pairs and synthetic indices such as Boom and Crash.
Get one message the moment it launches, with its price.
Magic BC Trader is an automated trading tool for MetaTrader 5. It opens and manages positions on its own once it is attached to a chart, using moving average based inputs together with simple controls for trade direction and lot size.
The EA runs inside the MT5 terminal and makes its trading decisions from a moving average indicator whose parameters are exposed in the input list. You can leave these at their defaults if you are not familiar with moving averages, or adjust them to suit the instrument you trade. The full entry and exit logic is not laid out step by step, so treat it as a tool to be observed and tested rather than assumed.
Two switches decide which side of the market the EA may trade. OPBUY allows buy orders and OPSELL allows sell orders. Turning one off is a simple way to restrict the EA to a single direction, for example when you want to test each side separately.
The EA is not tied to one broker or one symbol. Instruments commonly mentioned for it include:
No fixed timeframe is given, so check behaviour on the chart period you plan to use before trading real money. The synthetic indices are only offered by some brokers, and their price behaviour differs from currency pairs, so settings that suit one market may not suit another.
| Input | Purpose |
|---|---|
| OPBUY | True allows the EA to open buy trades; false blocks them |
| OPSELL | True allows the EA to open sell trades; false blocks them |
| LOTS | Starting lot size for new trades |
| Indicator inputs | Moving average parameters; defaults can be kept |
Default values and any further inputs appear in the EA properties window after you attach it. Read them there and do not rely on figures from other sources.
Position size is the main risk control you have. Pick a lot size that fits your balance and leverage, and confirm how the EA handles open positions in the Strategy Tester and on a demo account. Also check the minimum deposit and lot rules at your broker, as these vary.
Trading leveraged products carries a significant risk of loss, and you can lose all of your capital. Past results do not predict future ones. Only trade with money you can afford to lose.
Run the EA on a demo account first. A VPS can help keep the terminal online if you intend to leave it running continuously.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (MT5) |
| Strategy focus | General |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Markets | Forex pairs such as EURUSD, AUDUSD, GBPUSD, NZDUSD; Boom and Crash indices |
| Order direction | Buy and sell can each be enabled or disabled |
| Position size | Starting lot size set in the inputs |
| Indicator | Moving average settings, adjustable or left at defaults |
| Timeframes | Not specified; test and confirm before live use |
| Requirements | MT5 terminal with automated trading enabled; a VPS is advisable |
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No. This product is built for MetaTrader 5 and will not load in MetaTrader 4. If you use MT4, you need an MT4 product instead.
The EA can be attached on any MT5 broker that offers the symbol you want to trade. Boom and Crash instruments are only available at brokers that list them, so check the symbol list first. Spreads, execution speed and account type affect results, so compare conditions on a demo account before going live.
They switch each direction on or off. With OPBUY set to true the EA may open buy trades, and with OPSELL set to true it may open sell trades. Setting one to false stops that direction only.
Not necessarily. The moving average inputs can be left at their defaults if you are unsure about them. If you change them, test the new values in the Strategy Tester and on a demo account first.
The right lot size depends on your balance, leverage and risk tolerance, and no single value suits everyone. Start with the smallest size your broker allows while you learn how the EA behaves.
No. Leveraged trading carries a significant risk of loss, and past results do not predict future ones.
Magic BC Trader MT5
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