Available soon
Loading product…
Magic Storm is an MT5 expert advisor that adds a recovery routine to a trade once it moves against you by a set number of pips. It was tested mainly on Step Index and works best on low-spread symbols.
Get one message the moment it launches, with its price.
Magic Storm is an expert advisor for MetaTrader 5 that reacts when a trade goes against you. It watches an initial position and, only if that position falls by a chosen number of pips, it begins a recovery routine by placing cover trades.
The routine is conditional. If the initial trade reaches its take profit, or you close it yourself, nothing further happens. The EA becomes active only when the trade moves against you by the recovery zone range. At that point it begins opening cover trades with the aim of working the position back toward a better exit.
Say the first trade is a buy with a recovery zone range of 50 pips and a recovery zone exit of 150 pips, and the take profit is also 150 pips.
The take profit does not have to match the exit distance. You can set it lower or higher depending on your plan.
The tool was tested mainly on Step Index. It can also be tried on other symbols, but the guidance is to choose those with the lowest spread, because wide spreads work against any strategy that opens several positions. Availability of Step Index depends on your broker. No single timeframe is required, so compare a few on a demo account.
| Input | Purpose |
|---|---|
| Recovery zone range pips | Loss distance on the initial trade that starts the routine |
| Recovery zone exit pips | Distance used to define where the recovery cycle aims to exit |
| Take profit | Target for the initial trade; may differ from the exit distance |
| Magic number | Identifies the EA's trades; must be 0 in manual mode |
Other inputs, such as lot sizing, may be available in the version you download. Exact values are not fixed here, so check the input tab and ask the seller for suggested settings before trading.
If you open the first trade yourself, set the magic number to 0. Manual trades have a magic number of 0, and with any other value the EA will not open the cover trade.
Trading leveraged products carries a significant risk of loss, and you can lose all of your capital. Recovery-style strategies can increase exposure while a trade keeps moving against you. Past results do not predict future ones. Test on a demo account first and only trade money you can afford to lose.
For continuous operation, many users run the terminal on a VPS. Confirm your broker allows automated trading on the account type you use.
| 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 |
| Trade style | Recovery / cover trades after a losing initial trade |
| Best tested market | Step Index; other low-spread symbols possible |
| Timeframes | Not fixed; confirm on your own demo tests |
| Key inputs | Recovery zone range pips, recovery zone exit pips, take profit |
| Manual mode | Supported; magic number must be set to 0 |
| Requirements | MT5 terminal, algo trading enabled, stable connection or VPS |
No reviews yet. Customers who own Magic Storm MT5 can review it here.
This product is for MetaTrader 5 only. It will not load in MetaTrader 4, so check which platform your broker account uses before buying.
It was tested mainly on Step Index. The idea is to pick symbols with the lowest spread, so check your broker's spreads and test on a demo account first. Whether Step Index is offered depends on your broker.
In manual mode the EA manages a trade you opened yourself. Manual trades carry a magic number of 0, so the EA's magic number input must also be 0 or it will not open the cover trade.
The inputs are described in the body of this page, but exact values depend on the symbol, account size and risk tolerance. Check with the seller after purchase for suggested settings, then test them on a demo account before going live.
No. Recovery methods can extend losses when the market keeps moving against the position. Trading carries risk and past results do not predict future ones, so size positions carefully and set limits you can afford.
Extract the downloaded archive, copy the expert file into the MQL5/Experts folder via File, Open Data Folder in MT5, refresh the Navigator, then drag it onto a chart with algo trading enabled.
Magic Storm MT5
Notify me at launchQuestions about this tool?
Ask us on Telegram Install guide for MT4 and MT5 Get a custom version builtFree, practical help with testing, sizing and running expert advisors.
More MT5 tools with a similar focus.
Own Magic Storm MT5? Sign in to review it.