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Swing Master EA is an MT5 expert advisor that looks for swing reversals and trades back toward the mean. It is built for 15 forex pairs on the M15 timeframe and uses stop losses on its trades.
Get one message the moment it launches, with its price.
Swing Master EA is an automated trading robot for MetaTrader 5. It looks for swing reversals, meaning moments when price makes a fresh local high or low and then pulls back, and it opens trades aimed at a return toward the average price.
The EA combines several indicator readings to decide whether a swing setup is worth trading. According to the developer, these include modified Bollinger Bands, RSI, moving averages and a dedicated swing indicator. It also looks at current volatility and at how much room price has to move before reaching its target area, so that trades with very little potential are skipped.
Each trade is placed with a stop loss. The developer describes the approach as not relying on martingale and not chasing breakouts. Even so, you should read the input list yourself and confirm how many orders the EA may open per symbol and how it handles exits.
The EA is built for forex and is set up around 15 pairs, including EURUSD, GBPUSD, USDCAD, USDCHF, NZDUSD, EURGBP, AUDCAD and several other crosses. The main timeframe is M15. Spreading activity over many pairs is meant to reduce reliance on any single market, but it does not remove risk, because currency pairs can move together.
Exact input names and defaults can differ between builds, so open the input tab after attaching the EA and review each field before trading. Areas worth checking are shown below.
| Area | What to check |
|---|---|
| Lot size or risk mode | Whether lots are fixed or based on balance, and the value suited to your account |
| Symbol list | That your broker's symbol names, including suffixes, match the EA |
| Trading hours | Any time filter and how it relates to your broker's server time |
| Stop loss and targets | How distances are set and whether they adapt to volatility |
| Magic number | A unique value if you run other EAs on the same account |
Ready-made configuration files may be offered by the developer for different goals. Load them on a demo account first and compare the results with your own broker's spreads and execution.
Trading carries risk, and you can lose some or all of your deposit. Past results, including backtests and live signals, do not predict future ones. Test on a demo account and risk only money you can afford to lose.
Spreads, swaps, slippage and leverage all affect outcomes. Choose position sizes that you can sustain through a losing run, and check drawdown limits if you trade a funded account.
Keep the terminal running continuously, ideally on a VPS, so the EA can manage open trades.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Signals, Grid, Support and resistance, Breakout |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, fully automated |
| Trade style | Swing reversal, mean reversion entries |
| Markets | 15 forex pairs, including EURUSD, GBPUSD, USDCAD and AUDCAD |
| Timeframe | M15 |
| Indicators used | Modified Bollinger Bands, RSI, moving averages, swing indicator |
| Suggested minimum deposit | Around 200 USD; confirm with your broker's conditions |
| Requirements | MT5 terminal, algo trading enabled, stable connection or VPS |
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No. This version is written for MetaTrader 5 and will not run on MT4. Check that your broker offers MT5 accounts before you buy.
The EA is designed around 15 forex pairs on the M15 timeframe. Attach it to each pair you want to trade, or follow the setup guidance that comes with the product. Symbol names can carry suffixes at some brokers, so check that your broker's names are recognised.
The developer suggests a starting balance of around 200 USD. The real figure depends on your broker, account type, lot size and risk tolerance, so test on a demo account first and size your risk carefully.
The developer says it is suitable for prop firm trading, but every firm has its own rules on EAs, drawdown limits and trading hours. Read your firm's terms and test the settings against them before going live.
Copy the EA file into the Experts folder through File, Open Data Folder, MQL5, Experts in MT5. Restart the terminal or refresh the Navigator, drag the EA onto an M15 chart, and make sure algo trading is switched on.
The developer states it does not depend on very low latency. A stable connection is still important because the EA must be running to manage trades, so many users run it on a VPS.
Swing Master EA
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