ATTENTION! Before you test or trade Colossus EA MT5 you must load this set file.

The 100 points Buy/Sell Pending Stop settings and the 0 points Stop Loss was necessary in order the EA to pass the MQL5 Market validation test.

Colossus EA's MT5 default settings (after you load this set file) are a ready to trade strategy for EURUSD on M5 timeframe, specially optimized for ECN Raw Spread ICMarkets accounts (New York based GMT+3 time zone servers).

Other brokers or account types may be used, but you may need to test Colossus EA MT5 and make any necessary time adjustments to fit your broker/account. 

This is the 2020-2021 EURUSD MT5 100% quality backtest with Colossus EA's MT5 default settings.

Colossus EA MT5 comes with a default EURUSD M5 strategy, specially optimized for ECN Raw Spread ICMarkets accounts (New York based GMT+3 time zone servers).

Other brokers or account types may be used, but you may need to test Colossus EA MT5 and make any necessary time adjustments to fit your broker/account.

You can find that server time in your MT5 Marketwatch window (MT5 >> View >> Marketwatch).

Below is a list of the adjustments that need to be made, according to you broker's server time.

WARNING: You must adjust Colossus EA's MT5 Start Time and End Time settings accordingly, before you test or trade with it!

Hello dear friends,

A new EURUSD M5 default strategy has been published along with a new compilation of the Colossus EA MT5 with the latest MetaEditor.

Notice: Before you test or trade Colossus EA MT5 you must load this set file. Default settings were necessary in order the Colossus EA MT5 to pass the MQL5.com Market validation test.

Colossus EA's MT5 default settings are a ready to trade strategy for EURUSD on M5 timeframe, specially optimized for ECN Raw Spread ICMarkets accounts (New York based GMT+3 time zone servers). Other brokers or account types may be used, but you may need to test Colossus EA MT5 and make any necessary time adjustments to fit your broker/account. Before you test or trade the Colossus EA MT5 you must change these settings: Buy Stop Distance in Points: 70 and Sell Stop Distance in Points: 30. Default settings were necessary in order the Colossus EA MT5 to pass the MQL5.com Market validation test.

This is the EURUSD M5 Backtest with the new default settings of the Colossus EA MT5.

Colossus EA's MT5 default settings are a ready to trade strategy for EURUSD on M5 timeframe, specially optimized for ECN Raw Spread ICMarkets accounts (New York based GMT+3 time zone servers). Other brokers or account types may be used, but you may need to test Colossus EA MT5 and make any necessary time adjustments to fit your broker/account. Before you test or trade the Colossus EA MT5 you must change these settings: Buy Stop Distance in Points: 70 and Sell Stop Distance in Points: 30. Default settings were necessary in order the Colossus EA MT5 to pass the MQL5.com Market validation test.

How should I set the Start & End time based on today's date? My time zone is GMT+0.

(summer)

or 

(winter)

Hello, if your broker operates on GMT+0 now in the winter (its Marketwatch time is GMT+0), for instance, adjust the Colossus EA MT5 trading hours 2 hours earlier for testing. For example you will need to change them from:

Start Time: 09:00

End Time: 22:00

to

Start Time: 07:00

End Time: 20:00

But please contact me through PM to make sure that you got the correct server time for your broker.

This is the NZDUSD M5 Backtest with the new optimized set file for the Colossus EA MT5.

This is the USDJPY M5 Backtest with the new optimized set file for the Colossus EA MT5.

This is the "How to Test the Colossus EA MT5 in the MT5 Strategy Tester" video.

Hello dear friends,

I have published new optimized set files for the Colossus EA MT5, that you can find it in the Backtests and Set Files Blog: https://www.mql5.com/en/blogs/post/755262

Is this time setting set to fit? ICMmarkets broker is in use.

Hello and thank you for your purchase of the Colossus EA MT5.

If you are using ICMarkets Raw Spread account, you don't need to change anything in the trading hours of my recommended set files.

Remember only to lower the 'Risk %' setting to 0.5 or 1 (percent) in order to trade safely, especially if you are going to trade all 4 of my recommended set files.

Please read the instructions about the Colossus EA MT5 setup in this blog:

https://www.mql5.com/en/blogs/post/755262

Let me know if you need anything else please.

Hello?

I set it up last year and I'm going to set it up again today

I think the setting value has changed a lot.

Is the new setting correct for GBPUSD?

Below... New one

Below... last year's setting values

Hello, if you want to trade with the Colossus EA MT5 in GBPUSD M5 timeframe, please use this set file that I attach.

It has been optimized in ICMarkets Raw Spread account.

Also don't forget my general advice about the Colossus EA MT5:

Hello dear friends,

I have published new optimized set files for the Colossus EA MT5, that you can find it in the Backtests and Set Files Blog: https://www.mql5.com/en/blogs/post/755262

Hi, 

I purchased this EA, how to get the EA file and setting, thank you.

Hello and thank you for your purchase.

First make sure that you read and understand my general advice about the Colossus EA:

Colossus EA MT5 is highly sensitive to trading conditions, emphasizing the importance of selecting the right broker and account type for successful testing and trading with the recommended set files. It is highly recommended to use an IC Markets Raw Spread (ECN) account or an equivalent ECN account from other reputable brokers, such as the Pepperstone Razor account, Tickmill PRO account, or XM Zero account. Even if you observe promising results in your MT5 strategy tester tests, I strongly recommend initially trading Colossus EA MT5 on a demo account before transitioning to a small real account. Gradually increasing your balance as positive results are confirmed is also advised.

For the Colossus EA MT4/5 my recommendation is to trade these set files EURUSD, GBPUSD and AUDUSD with a low 0.5% to 1% risk per trade. Also remember to attach the Colossus EA MT5 on the M15 (15 minutes) timeframe for each one of the charts of the symbols that you will setup with my recommended set files.

You can find the Colossus EA MT5 set files, along with detailed instructions and advice at the bottom of this guide.

https://www.mql5.com/en/blogs/post/755262

Let me know if you need help configuring these settings please.