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Cherry Red FX

30 USD

Demo downloaded: 158

Published: 14 February 2024

Current version: 766.0

Cherry Red FX

Name: Cherry Red FX
Price: 30.00 USD
Rating: 4 (1 reviews)
Author: Michael Prescott Burney

Experts
Michael Prescott Burney
Version: 766.0
Updated: 8 February 2026
Activations: 20

Automated USDJPY Trading System for MetaTrader 5

Cherry Red FX is a professional Expert Advisor developed specifically for USDJPY on the H1 timeframe within the MetaTrader 5 platform. The system is built around structured market analysis and rule based execution to maintain consistency across varying volatility conditions. Designed for automation, it removes emotional decision making from the trading process. Cherry Red FX focuses on disciplined entries and predefined exit coordination for stable performance on USDJPY.

H1 Timeframe Strategy with Structured Stop Loss and Take Profit Logic

Operating exclusively on the USDJPY H1 chart, Cherry Red FX evaluates trade setups at each new candle formation for reliable backtesting and live execution alignment. Stop loss placement is derived from structured price logic rather than arbitrary fixed distances. Take profit levels are calculated in relation to the defined stop distance to maintain a consistent risk to reward framework. This approach allows traders to operate with calculated exposure in the forex market.

Simple Setup with Configurable Risk Management

Cherry Red FX is designed for straightforward installation and quick configuration inside MetaTrader 5. Clear input parameters allow traders to adjust risk per trade while preserving the integrity of the core trading algorithm. The system supports structured lot sizing methods to align with individual account management preferences. Once attached to the USDJPY H1 chart, the EA executes automatically according to its predefined rules.

Professional USDJPY MT5 Expert Advisor for Systematic Trading

Cherry Red FX is optimized for execution efficiency and compatibility with standard brokerage environments. The strategy emphasizes trade quality and controlled participation rather than excessive signal frequency. It is suitable for traders searching for a USDJPY MT5 Expert Advisor, automated forex trading robot, or H1 timeframe trading system. Cherry Red FX delivers a structured and systematic approach to USDJPY trading within the MetaTrader 5 environment.

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417

stucan 2024.03.22 10:22 #

This EA from Michael doesn't really convince me at the moment. The ratio of the number of winning trades is not bad, but the loss with just one negative trade is simply too high. I wouldn't recommend the EA at the moment. However, I will continue to test this. If you are interested in my current public demo account, where I also test other EAs from Michael, please write to me. Use Myfxbook for this. I posted a screenshot of this EA and its trades in the comments. I will adjust my rating if anything changes.

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The Lorentzian A.I Indicator System is designed to enhance trading strategies across Crypto, Indices, Forex, and Stocks by utilizing adaptive algorithms and real-time market analysis. It applies Lorentzian Classification to generate buy and sell signals while integrating K-Nearest Neighbors filtration for data normalization and improved signal reliability. Neural network processing incorporates multidimensional signals with time-space calculations to refine trend forecasting. The system continu

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Prop Masters FX - The Definitive GBPUSD H1 Trading System Presenting the new, updated version of Prop Masters FX, meticulously re-engineered for superior performance on the GBPUSD H1 chart. This Expert Advisor represents a masterclass in algorithmic trading, built upon a foundation of extensive historical data and sophisticated strategy diversification. The system's core logic has been tested and refined against 20 years of GBPUSD market data , ensuring its strategies are not only robust but ha

30 USD

Prop Firm Focused EURUSD Trading System for MT5 Prop Farmers EA is an automated trading system developed specifically for EURUSD on the H1 timeframe within the MetaTrader 5 platform. The strategy framework is structured to align with common prop firm risk parameters, emphasizing controlled exposure and disciplined trade execution. Built for stability rather than overtrading, the system focuses on structured entries supported by defined stop loss and take profit logic. Prop Farmers EA is enginee

30 USD

Prop Hunt FX is an expert advisor (EA) designed for trading NZDUSD on the H1 chart, integrating over 200 distinct trading strategies for structured market engagement. It applies a 1:2 risk-reward ratio and incorporates advanced risk management techniques to maintain capital security while adapting to market conditions. Engineered for consistency, Prop Hunt FX is built to navigate NZDUSD trends with a systematic approach. The EA offers automated execution and trade management tools, providing tr

30 USD

Introducing ANNA (Artificial Neural Network Algorithm) – your all-in-one solution for efficient and high-performing trading across a diverse range of symbols on the 1-hour timeframe. ANNA is designed to streamline your trading experience, eliminating the need for multiple EAs on your charts. With ANNA, you only need one EA loaded with the appropriate set file for each symbol, and you're ready to trade seamlessly. This EA is in its early stages of life and will need updates here and there but ov

30 USD

Poltergeist FX is an expert advisor (EA) designed for GBPUSD on the H1 chart, integrating both dynamic and fixed lot sizing alongside advanced risk management tools. It employs ATR-based stop-loss, break-even protection, trailing stops, and profit-locking mechanisms to optimize trade execution while managing risk effectively. The EA supports up to 100 open positions and includes account safeguards such as maximum spread filters, equity protection, and daily loss limits. It operates most efficie

30 USD

AWESOME SAUCE EA – EURUSD H1 AWESOME SAUCE EA is an automated Expert Advisor for MetaTrader 5, designed for trading EURUSD on the H1 timeframe. The system uses predefined, rule-based logic to evaluate market conditions and open trades only when internal criteria are met. Trading behavior adapts to different market conditions through automatic logic selection. Features Symbol: EURUSD Timeframe: H1 Fully automated No grid No martingale No averaging or recovery systems Risk Management Configurable

30 USD

FlashBang EA – EURUSD H1 Algorithmic Trading System FlashBang EA is a rigorously tested algorithmic trading system designed exclusively for EURUSD on the H1 timeframe. Developed using 20 years of comprehensive EURUSD chart analysis (2004-2024), this Expert Advisor represents the ultimate survivor of extreme market conditions. Reverse Chronological Stress Testing Methodology FlashBang EA underwent a demanding reverse chronological stress test designed to separate fragile curve-fitted strategies f

30 USD

Unleash a new dimension of trading with Parallax FX , the ultimate solution engineered for AUDUSD H1 swing and position systems. Are you tired of conventional expert advisors that fall short in complex market scenarios? Our groundbreaking system harnesses a sophisticated neural network core that adapts, learns, and executes with unparalleled algorithmic precision. At the core of Parallax FX is its advanced neural network, which continuously analyzes H1 chart data for AUDUSD, identifying high-pr

480 USD

Worlds FX is an expert advisor (EA) designed for trading EURUSD, engineered for seamless execution across multiple broker environments. Validated on platforms such as BlackBull, EightCap, Darwin X, FTMO, DukasCopy, and MetaQuotes Demo, it utilizes adaptive algorithms, automated position sizing, and real-time trade adjustments to refine entries and exits through multi-timeframe analysis and price-action filtering. The system integrates self-optimizing logic that continuously adjusts parameters b

480 USD

Dragon’s Breathe FX is an expert advisor (EA) designed for trading USDJPY on the H1 chart, utilizing advanced algorithms and market analysis to identify precise entry points and capture momentum effectively. Tailored to the unique price action, liquidity, and volatility of the USDJPY market, the system employs aggressive trend-following strategies while maintaining adaptability to different trading styles. Equipped with dynamic risk management tools, Dragon’s Breathe FX offers drawdown protecti

120 USD

Knox FX Update is an expert advisor (EA) designed for trading XAUUSD on the H1 chart, integrating 158 adaptive strategies to align with evolving market conditions. It features smart indicator-based exits to manage trades efficiently, aiming to close positions before stop-loss thresholds are reached. The system incorporates dynamic trade stacking, allowing position sizes to adjust based on high-confidence signals. Optimized for structured trade execution, Knox FX provides traders with advanced s

30 USD

Bonkai FX: The Art of Mastering USDJPY Trading the USDJPY market requires more than a simple strategy; it demands discipline, focus, and precision. Bonkai FX is an expert advisor for the H1 chart crafted in this spirit—a tool designed not just to trade, but to bring a philosophy of structured mastery to your engagement with the market. Execution with a Master's Precision At the heart of Bonkai FX lies a sophisticated, indicator-based exit mechanism. It acts with the decisiveness of a master swo

30 USD

Amnesia FX Trading System Experience Unmatched Performance with Amnesia FX Discover the pinnacle of trading excellence with the Amnesia FX Trading System, designed for the EURUSD H1 chart. This cutting-edge system boasts an extremely high win rate , ensuring your trades consistently hit the mark. Key Features: Exceptional Trade Entry and Exits : Precision-engineered algorithms identify the perfect moments to enter and exit trades, maximizing your profit potential. Super Low Drawdown (DD) : Mini

30 USD

DONT RELY ON BACK TESTS! MESSAGE ME AND REQUEST A 5 DAY DEMO VERSION OF THE EA TODAY! One Sauce FX is an expert advisor (EA) designed for trading EURUSD on the H1 chart, incorporating a range of structured strategies to identify trading opportunities while maintaining disciplined risk management. The system applies a robust indicator-based exit method and a 10 pip take profit supported by features such as multiple risk methods, directional trade inputs, and time-based exits. Built for consisten

30 USD

DONT RELY ON BACK TESTS! MESSAGE ME AND REQUEST A 5 DAY DEMO VERSION OF THE EA TODAY! Detroit Smash FX is an expert advisor (EA) designed for trading USDCAD on the H1 chart, integrating precision trade execution with structured risk management. It supports both dynamic and fixed lot sizing, allowing traders to customize exposure based on account size and risk preference and defined take-profit to manage gains and control losses effectively. Capable of handling up to 100 open positions, Detroit

120 USD

New Order FX is an expert advisor (EA) designed for trading GBPUSD on the H1 chart, integrating structured risk management and trade execution. It supports both dynamic and fixed lot sizing, allowing traders to customize risk exposure through dollar-based or fixed calculations. The system incorporates a trailing stop mechanism with step pips, trailing profit pips, take profit pips, and break-even pips to secure gains while managing risk efficiently. Configured to handle up to 100 open positions

120 USD

Vulcan FX is an expert advisor (EA) designed for trading EURUSD on the H1 timeframe, integrating dynamic trade execution with structured risk management. It supports both dynamic and fixed lot sizing, featuring a trailing stop mechanism with configurable step pips, trailing profit pips, take profit pips, and break-even pips to manage risk and secure gains. The EA can manage up to 100 open positions, allowing traders to execute trades in both directions or restrict activity to sell-only mode. Bu

30 USD

Gold Star FX is an expert advisor (EA) designed for trading XAUUSD on the H1 chart, integrating advanced algorithms to identify structured entry and exit points. It balances short-term momentum with strategic trade execution, optimizing input values specifically for XAUUSD to maintain effectiveness across various market conditions. The system features dynamic risk management, including trailing stop mechanisms and adaptable lot sizing, while its trade stacking capability allows multiple positio

30 USD

Introducing Mary Pippins FX: Your Practically Perfect Partner for Navigating GBPUSD! DONT RELY ON BACK TESTS! MESSAGE ME AND REQUEST A 3 DAY DEMO VERSION OF THE EA TODAY! Tired of the unpredictable gusts and downpours in the GBPUSD market? Wish you had a helping hand to manage the "chimney sweeps" of volatility, especially on the H1 chart? Mary Pippins FX is here to bring a spoonful of order and sophistication to your trading approach! This isn't just another Expert Advisor; it's your meticulou

120 USD

Gold Shines FX is a professional MT5 Expert Advisor designed specifically for XAUUSD on the H1 timeframe. This automated gold trading system focuses on precision entry logic, structured stop loss placement, and optimized take profit management to maintain controlled drawdown and stable performance. Built for Meta Trader 5, Gold Shines FX delivers disciplined risk management, consistent execution speed, and adaptive trade handling tailored to gold market volatility. Ideal for traders seeking a re

30 USD

Exciting News: Introducing the Newly Refined Gold Sauce FX! Dear Valued Traders, We are thrilled to announce the release of the new and improved version of Gold Sauce FX ! After extensive development and refinement, we're proud to present a trading system that offers a stable trading experience with a very high hit rate and minimal losses . This update has been a labor of love, and we're confident that it will significantly enhance your trading journey. What's New in Gold Sauce FX? Enhanced Sta

30 USD

UV Gold: Product Description Illuminate the hidden opportunities in the gold market with UV Gold , the premier trading solution engineered for the XAUUSD H1 chart. Are you tired of standard EAs that are blind to the market's underlying currents? UV Gold operates on a different spectrum, using advanced AI to detect profitable patterns that are invisible to conventional indicators. At the core of UV Gold is its advanced neural network, supercharged by direct integration with OpenAI and Google Gem

240 USD

Hamunaptra FX is an expert advisor (EA) designed for trading GBP/USD on the H1 chart, integrating 300 independent strategies that encompass trend following, breakout trading, mean reversion, and volatility-based approaches. By simultaneously identifying multiple trading opportunities without overlap, the system provides structured trade execution and market adaptability. Engineered for an aggressive trading style, Hamunaptra FX capitalizes on significant market movements while incorporating ada

99.99 USD

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stucan 2024.03.22 10:22 #

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Reply from developer Michael Prescott Burney 2024.03.22 10:31 #

Stucan, thank you for the informative review on Cherry Red FX! I will use the information to improve the system when i release new updates down the road. I really appreciate you providing useful reviews for the community to reference when deciding to purchase one of my systems. My goal is to provide honest transparent systems that work in real live trading accounts and not just in the back tester.

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Teguh Andriyanto 2024.02.15 16:10 #

User didn't leave any comment to the rating

59522

Reply from developer Michael Prescott Burney 2024.02.15 17:56 #

thanks for the awesome review of Cherry Red FX!! dont hesitate to contact me with any questions regarding the system or anything else for that matter!!! Have a great day :D