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Prestige is an MT5 expert advisor that trades a capped averaging grid on up to six forex pairs from a single chart, using price wave and volume analysis. Lot size can be fixed or calculated from balance or equity.
Get one message the moment it launches, with its price.
Prestige is a fully automatic expert advisor for MetaTrader 5. It trades a small set of forex pairs using an averaging grid, and it bases its entries on price wave structure and on how price and volume behaved in the previous trading session.
The EA looks at the way price moved through the last session, together with volume, to judge whether the market is accumulating, distributing or trending. This follows the logic of Wyckoff-style analysis, which pays attention to support and resistance areas and to the effort shown by volume. When its conditions are met, it opens a main order.
If price moves against that order, the EA can add averaging orders to bring the average entry price closer to the market. The number of these extra orders is limited, and every trade has a stop loss and a take profit. A built-in volatility filter, set per currency pair, is used to decide when conditions are suitable. The EA does not include a news filter, so you may want to avoid running it around major releases or manage that yourself.
Grid and averaging methods can produce many small wins and still suffer large losses when a trend continues. Treat the stop loss and the cap on grid size as limits on the damage, not as protection from it.
The EA is set up for these forex pairs:
You attach it to one EURUSD chart and enter the pairs to trade in the inputs. That single chart then handles all listed symbols. The recommended chart timeframe is not given here, so check the product listing and confirm it in the Strategy Tester before going live.
The inputs are meant to be simple. The ones described for this product are below; default values may differ by release, so read them in the input window.
| Input | Purpose |
|---|---|
| Tester Mode | Single Symbol tests only the pair on the chart; Multi Chart tests every pair listed in the symbol inputs |
| Symbol 1, 2, 3 | The pairs to trade, in any order; three lines are used only for convenience |
| Magic Number | Identifier for the EA's trades; it must differ from other EAs on the account |
| Order Comment | Text added to each trade |
| Lot type | Fixed lot or automatic lot |
| Lot calculation | Whether the automatic lot is based on balance or equity |
| Lot fix / lot per balance or equity | The fixed volume, or the lot used for the automatic calculation |
| Balance or equity step | The amount at which the automatic lot increases |
| Trading Enabled | When false, no new grids are opened but current trades are still managed |
Position size, the number of pairs and the account balance together determine how deep a drawdown can get. Running all six pairs at once multiplies exposure compared with a single pair. Use a lot size you can sustain through a losing period, and verify behaviour on a demo account with your broker's spreads and execution.
Trading carries risk, and you can lose some or all of your capital. Past results, including backtests and signal history, do not predict future results.
Run the EA on a demo account first, and keep the terminal connected, for example on a VPS, so it can manage open trades without interruption.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Signals, Grid, Support and resistance, Volume |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (fully automatic) |
| Markets | Forex: EURUSD, GBPUSD, AUDCAD, AUDNZD, CADCHF, NZDUSD |
| Chart to attach | EURUSD; other pairs are set in the inputs |
| Trade style | Averaging grid with stop loss and take profit |
| Analysis | Price wave structure and previous-session volume behaviour |
| Lot sizing | Fixed lot or automatic from balance or equity |
| Timeframe | Not specified here; check the product listing |
No reviews yet. Customers who own Prestige MT5 can review it here.
The EA is designed to be attached to a single EURUSD chart. The other pairs it should trade are typed into the Symbol 1, Symbol 2 and Symbol 3 inputs, so you do not need to open a chart for each pair. Make sure each listed symbol is visible in Market Watch and that the names match your broker's symbol names, including any suffix.
It is built for standard forex symbols and is described as not very sensitive to the broker. Even so, spreads, execution speed, symbol naming and account type differ between brokers and affect a grid strategy. Test it on a demo account with your own broker first.
This version is for MetaTrader 5 only. It will not load in MetaTrader 4.
You can use a fixed lot, or an automatic mode that calculates the lot from balance or equity and increases it by a step you define. Choose the setting that matches your account size and risk tolerance, and check the position sizes it produces on a demo account before using real funds.
Yes. Setting the Trading Enabled input to false stops the EA from opening new order grids, while it continues to manage trades that are already open.
It depends on the lot size and on how many pairs you trade at once. Running all six pairs needs a larger balance than running one. Check the product listing for the current recommendation, and remember that drawdown can exceed what testing suggests.
Prestige MT5
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