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Blazar is a fully automated trading system on the most popular major currency pairs: EURUSD, GBPUSD, USDJPY M5. It's pure Price Action mean reversal system that exploits peakedness of market distribution to safely identify trend reversals

Every trade is protected by Stop-Loss

The EA can work in 2 modes:

  • Normal Mode - trading classics: 1 signal = 1 trade. No martingale, grid or hedging is used
  • Recovery Mode - the EA will recover faster during drawdowns using several averaging trades, which gives more comfortable growth curve
Both modes are FIFO compliant


    • Stable growth curve as a result of a high percentage of winning trades
    • Stress-tested on all available history, six-month live signal
    • Automatic adjustment to the 4 and 5 digit quotes
    • Automatic GMT adjustment
    • The minimum deposit: $50 for Normal Mode and $300 for Recovery Mode
    • Easy setup and use

    Timeframe: M5
    Currency pairs: EURUSD (default settings), GBPUSD, USDJPY
    Set-files can be found here: https://www.mql5.com/en/market/product/37795

    Live signals:

    Input Parameters

    • StartLotSize - proportional lot size if EnableAutoLot is set to true and fixed lot size in case EnableAutoLot is set to false
    • EnableAutoLot - trading lot will increase with an increase in your account's balance
    • FundsForAutoLot - here you can set the amount of balance to be used for every StartLotSize if EnableAutoLot is set to true. E.g. FundsForAutoLot=1000 and StartLotSize=0.05 means that for every $1000 there will be 0.05 lots opened (0.5 for $10000 and so on)
    • MaxLotSize - set the max. allowed lot size if you don't want the lot size ever to exceed this value
    • SpreadFilterPips - if the spread is bigger than the value specified here, the trade won't be opened
    • MaxSlippagePips - works only for Instant live accounts (not ECN). Set here what maximum slippage you can take on your Instant account
    • GMT/DST_Offset_Auto - if true, the EA will try to find the correct GMT offset of your broker automatically. You must allow requests to https://time.is/en/GMT and https://www.worldtimeserver.com (Tools -> Options -> Expert Advisors -> Allow WebRequests for listed URL).
    • GMT_Offset(winter)_Manual - set your broker's time zone (in winter)
    • DaylightSavingTime_Manual - if your broker uses daylight saving time, set this to Europe or US and EA will automatically adjust itself
    • HourToStart - hour of the day at which Blazar will start to look for trading opportunities
    • HourToStop - hour at which Blazar will stop to look for trading opportunities
    • DaysOfWeek - day of the week at which Blazar will be allowed to trade. E.g. 234 means 2nd, 3rd and 4th days of the week
    • DisableHolidays - not to trade during New Year holidays
    • PriceChannelPeriod - period of the channel used to analyse the market
    • EnableTrendFilter - set to true if you want to avoid risky trades during periods of trending markets
    • TrendFilterPeriod - period of the trend filter used by Blazar
    • EnableVolatilityFilter - set to true if you want to avoid risky trades during periods of high volatility
    • OrderTakeProfitPips - the size of Take Profit in pips (1 pip = 10 points)
    • OrderStopLossPips - the size of Stop Loss in pips (1 pip = 10 points)
    • EnableTradeDuration - set to true if you want to limit position holding time
    • TradeDuration - set the maximum position holding time, in bars
    • AvgMaxTrades - maximum  number of averaging trades
    • AvgMultiplier - averaging coefficient
    • AvgStepPips - step in pips between averaging trades
    • AvgCustomSettings - custom averaging coefficients, separated by commas
    • BasicMagicNumber - add Magic number to trace trades you made with this EA. It must be less than 99999
    • TradeComment - add any comments to your trades


    • It is recommended to use default values for all parameters (except GMT offset if your broker uses different time zone). Test any changes thoroughly before running EA on a live account.
    • Note that SpreadFilterPips and MaxSlippagePips parameters are execution dependent and might lead the system to skip trades that were seen on tests.


    • Not required to activate 'Allow DLL Imports'

    Try the demo now!

    Michail Manelidis
    Michail Manelidis 2019.11.05 04:47 

    The backtest results are 100% true on real account! Highly recommended.

    Po Yuan Chen
    Po Yuan Chen 2019.10.31 14:21 

    Great work from Vsevolod. Very professional programmer! Always willing to help! Don't see too many authors with all real accounts running with such great returns.

    Most importantly this EA is bringing me profits! I will give more feedback again in a month:)

    Version 1.21 2019.11.12
    Optional update

    - Added a new parameter 'AllowOpeningAdditionalTrades'. It allows the EA to open more than one trade at the same time. You can use 'MaxNumberOpenPosition' to limit the maximum number of open trades. The new parameter works only in the 'Normal' mode.
    Version 1.20 2019.10.15
    - Added a new parameter: EquityStopLoss% - the EA will close all open positions when account equity falls to the specified percentage of the account balance.
    - Added a new parameter: MaxNumberOpenPosition - if the maximum number of open positions exceeds this value, then the EA will not open the initial order.
    - Added display of arrows and lines when trades open and close.
    - Fixed bugs.