SP500 Precision Block EA
- Experts
- Christian Alexander Foehl
- Version: 1.3
- Updated: 25 July 2025
This is the free demo version of the professional S&P500 Expert Advisor for MetaTrader 5.
Main Limitation
The lot size is fixed at 0.01 / 0.1.
This significantly reduces performance but allows a transparent evaluation of all functions.
Included Main Features
- Automatic order block detection
- Visual chart display
- Entries at structure breaks
- Interactive chart panel
- Equity stop and take profit
- Day and session filters
- Trend and ATR filter
- Optional: losing streak protection and scaling logic
Recommended Setup
- Symbol: US500 / SPX500 / S&P500 CFD
- Timeframe: M30
- Minimum capital: 100 USD for the free version (0.01 lot fixed), 500 USD for the full version
- Leverage: Works with standard leverage (e.g., 1:10, 1:20, 1:30)
Note on Standard Accounts
The EA can also be used on standard accounts with a minimum lot size of 0.1.
Important: You must use the provided SET file from the discussion section.
This applies only to the free demo version – the full version is fully compatible with all brokers.
Additional note: The Validation Mode must always be set to FALSE, otherwise the EA will not trade.
The best performance is achieved on microlot accounts (from 0.01 lot), as the more precise lot management is fully effective here.
Important Notice
- Performance is significantly limited due to the lot restriction.
- The backtest screenshots are based on the full version.
- An upgrade to the unrestricted full version is possible at any time.