Market / MetaTrader 5 / Experts /

Sira EA

60 USD

Demo downloaded: 43

Published: 1 April 2025

Current version: 1.43

Sira EA

Experts
Aristeidis Gitas
Aristeidis Gitas
Greece

1345
Version: 1.43
Updated: 28 April 2025
Activations: 15

Sira EA is a MetaTrader 5 Expert Advisor that applies four trading logic modules using a combination of price action, indicator values, and market conditions. It is designed to work with pending orders and custom risk management options.

You can find more free products HERE.

If you're looking for an EA with lower risk, check the Silent Pressure EA .

Strategy Conditions

Sira EA combines the following technical components:

RSI indicator
50-period Simple Moving Average (SMA)
Candle volume
Relative price position

When entry conditions are met, the EA places Buy Stop or Sell Stop pending orders. Entry logic is based on version 1.4 of the algorithm.

Key Features

Optional target level in percentage or fixed value, defined by the user
Stop Loss can be activated optionally
Optional logic for adding a second trade with larger volume after a defined price offset (non-Martingale)
A trade cycle ends once the configured performance target is reached
Automatic lot calculation based on account balance
Active trading hours can be defined by the user
Friday trading can be enabled or disabled

Usage Guidelines

Works on multiple instruments (multi-symbol support)
Suggested symbol: EURJPY, M30 timeframe
Minimum recommended account balance: $300
A default .set file is available in the Comments section

File & Platform Compatibility

Delivered as a compiled EX5 file
Does not use DLLs or external libraries
Compatible with MetaTrader 5 accounts that offer low spreads

Support and Configuration

Additional configuration files (.set) for other symbols can be requested after purchase
Support is available via the Comments section or direct messages on MQL5.com

Frequently Asked Questions

Q: Can I use the EA on multiple symbols at the same time?
A: Yes. Please ensure each chart instance uses a unique Magic Number.

Q: Are set files included?
A: A default configuration file is available in the Comments tab. More files can be requested via MQL5 messages after purchase.

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Sira EA

Aristeidis Gitas

Key Features

Usage Guidelines

File & Platform Compatibility

Support and Configuration

Frequently Asked Questions