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Silver Echo Bot is an MT5 expert advisor built for silver (XAGUSD) on the M15 chart. It looks for breakouts of support and resistance levels and manages each trade with a stop loss, take profit and trailing stop.
Get one message the moment it launches, with its price.
Silver Echo Bot is a fully automated MetaTrader 5 expert advisor that focuses on a single market: silver quoted against the US dollar (XAGUSD) on the 15-minute chart. It watches for price moving beyond established support and resistance zones and opens trades in the direction of the break.
The core logic is a breakout trigger. The EA identifies key price levels where the market has previously paused or turned, then waits for price to move through one of them. When that happens it opens a position and manages it without manual input, from entry through to exit.
Each trade is protected by a stop loss and a take profit, and a trailing stop can follow the price once a trade moves in your favour. The product description states that it does not use martingale or grid averaging. Some store tags mention grid, so verify the behaviour yourself in the Strategy Tester and on a demo account.
Use one XAGUSD chart on M15. Because silver can move quickly around news and session opens, spreads and execution speed matter. A broker with tight, stable spreads on silver is usually better suited to a short-timeframe breakout system. The author says standard, ECN and prop firm accounts can be used, and quotes a minimum deposit of about 100 USD. Check your broker's contract size and margin requirements before relying on that figure.
The author describes a short setup: choose your risk level and the hours in which the EA may trade, then activate it. Exact input names and defaults can differ, so open the inputs tab after attaching the EA and read each field. The table below lists the areas to review.
| Area | What to check |
|---|---|
| Risk per trade or lot size | Keep it small relative to your balance and your broker's silver contract size |
| Trading hours | Match the time window to your broker's server time |
| Stop loss and take profit | Confirm the distances suit your broker's spread and stop level |
| Trailing stop | Review how it activates and how far it follows price |
| Magic number | Use a unique value if other EAs run on the same account |
The author notes that backtests without the intended settings may give wrong results. Ask for the correct tester configuration before drawing any conclusions from historical runs.
Trading leveraged products such as silver carries a high level of risk, and you can lose more than you expect. Backtests and past results do not predict future ones. Test on a demo account first and only trade with money you can afford to lose.
Run it on a demo account for a while before going live, and keep the terminal connected, for example on a VPS, so the EA can manage open trades continuously.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Trend, Grid, Support and resistance, Breakout |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, fully automated |
| Symbol | XAGUSD (silver against US dollar) |
| Timeframe | M15 |
| Trade style | Breakout trading around support and resistance |
| Trade protection | Stop loss, take profit and trailing stop |
| Stated minimum deposit | About 100 USD; check your broker's contract size |
| Account types | Standard, ECN and prop firm accounts, per the author |
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Attach Silver Echo Bot to a single XAGUSD chart set to M15. It is not meant to be run on several symbols or timeframes at once. Check that your broker's silver symbol name matches, as some add a suffix.
No. This version is an MT5 expert advisor and will only run in MetaTrader 5. It cannot be loaded into MT4.
The author states that results in the Strategy Tester can be misleading without the intended settings. Before testing, check the setup guidance supplied with the product or contact the author for the correct configuration, and do not rely on default inputs alone.
The product description says it uses no martingale and no grid, relying on single trades with a stop loss, take profit and trailing stop. Some listings tag it with grid, so confirm the actual behaviour in the Strategy Tester and on a demo account before using real money.
The author gives a minimum of about 100 USD. The practical amount depends on your broker's leverage, silver contract size and the risk setting you choose, so check these on a demo account first.
The author lists prop firm accounts as supported. Each firm has its own rules on drawdown, news trading and automated systems, so read those rules and test your chosen risk setting before using the EA on a funded challenge.
Silver Echo Bot
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