
Relax EA is an MetaTrader 5 expert advisor that opens short-duration forex trades near the end of the Friday session, using pattern, volatility and momentum filters across 28 major and minor pairs.
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Relax EA is an expert advisor for MetaTrader 5 that concentrates its activity on one narrow window: the end of the Friday trading session. It looks for quick, fairly predictable moves while market volatility is at its lowest, and it handles several separate strategies from a single EA instance.
Around the close of the week, the EA scans for specific price patterns, volatility readings and momentum conditions on several timeframes. When a setup appears on a pair, it opens a trade with the aim of capturing a short move. Holding times are described as a few hours on average. If a trade has not reached its target when the market closes for the weekend, it can stay open over the gap, which may move in either direction.
Each internal strategy is allowed no more than one open trade at a time. The author describes the system as free of martingale, and states that stop loss and take profit levels are hidden, meaning they are managed by the EA rather than placed as visible orders at the broker. Because the EA uses a separate magic number for each strategy, based on the ID you set, you can tell its trades apart in the terminal history.
The EA is designed for the 28 major and minor forex pairs that can be formed from EUR, USD, GBP, CHF, JPY, AUD, CAD and NZD. It reads multiple timeframes internally, so you do not need to set up a separate chart for each one.
The inputs below are the ones documented. Check the full input list in the terminal after loading the EA, since defaults and extra options are not listed here.
| Input | Purpose |
|---|---|
| Magic number | Base ID for the EA's trades; each strategy adds its own number to it. |
| Symbols | Symbols the EA will trade. Empty means only the current chart symbol. |
| Symbols to exclude | Comma-separated symbols or single currencies to avoid, for example GBP,JPY. |
| Lots | Fixed lot size per trade. Set to 0 to use dynamic calculation. |
| Risk factor | Used for sizing when Lots is 0. |
Trading late on a Friday means thin liquidity, wider spreads on some brokers and the chance of a weekend gap against an open position. Slippage and execution speed can affect results noticeably. Run the EA on a demo account first, confirm your broker's symbol names and spreads, and choose a lot size or risk factor that matches your account.
Trading carries risk and past results do not predict future ones. The EA does not remove the possibility of loss. Do not rely on signal copying to reproduce its results, as quote differences and delays can change outcomes.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Scalping, Signals, Grid, Momentum |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor |
| Markets | 28 major and minor forex pairs (EUR, USD, GBP, CHF, JPY, AUD, CAD, NZD) |
| Timeframes | Reads several timeframes internally; check the product page for the chart to use |
| Trade style | Short-term scalping and momentum entries, holding times of a few hours |
| Position handling | One trade per strategy at a time; no martingale described |
| Lot sizing | Fixed lots, or dynamic sizing from a risk factor |
| Requirements | MT5 account with algo trading allowed and all 28 symbols available |
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No. This product is built for MetaTrader 5 only. It will not load on an MT4 terminal, so check which platform your broker account uses before buying.
The author advises against it. The EA trades at a sensitive time of the week, and differences in quotes, spreads, trading hours and copy delay can lead to results that differ a lot from the original. The signal is meant for monitoring only.
No. You can run one instance on a single chart and list the symbols you want in the Symbols input, or attach an instance to each pair chart so it works on ticks. Leaving Symbols empty makes it trade only the chart symbol.
Use the Symbols to exclude input. You can enter full symbols or single currency codes separated by commas, for example GBP,JPY, to skip every pair that contains those currencies.
Because it trades during quiet, low-liquidity hours, spreads and execution quality matter. Check that your broker offers all the pairs you plan to trade, and test spreads and symbol names on a demo account first.
No. Trading carries risk, and past results do not predict future ones. Test on a demo account and size positions to a loss you can accept.
Relax EA MT5
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