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Prado Pro is an MT5 expert advisor that places pending orders at set price levels, with stop loss and take profit attached from the start. It does not use grid or martingale methods, and its default settings target USDJPY.
Get one message the moment it launches, with its price.
Prado Pro is an expert advisor for MetaTrader 5 that works from price levels. Instead of entering at market, it places pending orders, and each order carries a stop loss and take profit from the moment it is created. It does not use grids or martingale-style lot increases.
The advisor looks for defined price levels and places pending orders around them. Because the order sits on the broker's server until price reaches it, execution is handled on the server side rather than by a market order sent from your terminal at the moment of entry. Protective stop loss and take profit values are attached at the start, so each trade has a defined exit before it opens.
The default settings are prepared for USDJPY. Running the advisor on a USDJPY chart with those defaults is the simplest way to see how it behaves. Other symbols can be tried, but the inputs would need to be adjusted and tested by you. The preferred chart timeframe is not specified here, so check the input descriptions and test before committing real funds.
The exact list of inputs and their default values should be reviewed in the Inputs tab after you attach the advisor. The table below shows the areas worth checking before you go live.
| Area | What to check |
|---|---|
| Lot size or risk per trade | Match it to your balance and your own risk limit |
| Stop loss and take profit | Confirm distances suit your broker's spreads and stop levels |
| Trailing stop | Decide whether to enable it and how it activates |
| Profit-taking | Review how and when partial closes happen |
| Symbol and session | Keep the default USDJPY set unless you have tested alternatives |
A hedging account is recommended. The suggested starting deposit is around 500 USD, and the stated leverage range runs from 1:10 to 1:1000. These are guidelines, not guarantees of suitability. Your broker's contract specifications, commission and spread will affect the outcome.
Trading carries risk, and you can lose some or all of your deposit. Past results, including any backtest or monitoring record, do not predict future ones. Test on a demo account first and use position sizes you can afford.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | General |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Default market | USDJPY; other symbols possible with your own settings |
| Trade style | Level-based, pending orders, systematic entries |
| Position sizing | No grid, no martingale |
| Account type | Hedging account recommended |
| Suggested minimum deposit | Around 500 USD; confirm against your broker's contract sizes |
| Leverage | Stated working range is 1:10 to 1:1000 |
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No. It is an MT5 expert advisor and will not run on MetaTrader 4. You need a MetaTrader 5 terminal and an account that allows automated trading.
The default settings are prepared for USDJPY, so that is the sensible starting point. Other symbols may be possible, but you would need to adjust and test the settings yourself before using them on a live account.
A hedging account is recommended. Check with your broker which account type you have, since netting accounts handle multiple positions on one symbol differently and may change how the advisor behaves.
A deposit of about 500 USD or more is suggested as a starting level. The right amount depends on your lot size, broker and risk tolerance, so test on a demo account first and size positions conservatively.
No. It places pending orders at defined levels with a stop loss and take profit, and it does not add to losing positions or increase lot size after a loss.
No. Trading carries risk and past results do not predict future ones. Defaults are a starting point only, and live conditions, spreads and execution differ between brokers.
Prado Pro
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