FXEA365 Bitcoin Comet Trend Follower
- Experts
-
Kenichiro Sakamoto
I'm Kenichiro Sakamoto, the developer behind FXEA365 — a studio building transparent, rule-based Expert Advisors for MetaTrader 5. - Version: 1.46
- Updated: 3 November 2026
- Activations: 5
BITCOIN COMET — Donchian Trend Follower for BTCUSD and ETHUSD
AT A GLANCE (MT5 backtest, 1-minute OHLC, BTCUSD H4, 2018-2025, $10,000 — historical, not a live record)
- Donchian breakout trend follower on BTCUSD H4 with an ATR trailing stop; since v1.44 three more strategies run alongside it on hedging accounts
- Default since v1.46 (Defensive, all four strategies, hedging account): Profit Factor 2.36 / equity drawdown 8.2% (relative 13.5%) / 775 trades. Ultra (the default up to v1.45): Profit Factor 1.73 / equity drawdown 26.4% (relative 31.0%)
- Original COMET engine alone: Defensive Profit Factor 2.57 / equity drawdown 5.5%; Standard Profit Factor 2.37 / equity drawdown 8.3%
- Every COMET trade opens with an ATR stop that then trails; lots are sized from a risk percentage with a hard maximum-lot cap. On a netting account only the original engine trades
=== LAUNCH PRICE: LIMITED-TIME LOWEST PRICE $35 (88% OFF the regular $299) — 2 OF 3 LEFT ===
The regular price is $299, but for a limited time it is offered at its lowest price. From here the price goes up as copies sell (every 3 purchases) and keeps rising with no upper limit ($35 → $49 → $79 → $99 → $149 → …). When these copies are sold, the next price is $49.
=== START HERE ===
1) Read the RISK WARNING below before anything else.
2) Attach the EA to a BTCUSD H4 chart — on any other chart it will place no trades.
3) Test the free demo in the Strategy Tester first: see “5-MINUTE DEMO CHECKLIST” below.
4) Independent forward results: see “INDEPENDENT VERIFICATION (FXEA365)” below.
5) Platform: MetaTrader 5 (this page).
MT5 EDITION — This is the MetaTrader 5 build of BITCOIN COMET. An MT4 edition is published separately on this account. The two builds share the same core entry logic. The MetaTrader 5 build additionally offers an over-extension entry filter; the MetaTrader 4 build does not. Some defaults also differ between the two builds (ATRMult, BreakMargin), so compare the settings side by side before running either one. The figures in this description were measured on MetaTrader 5 with 1-minute OHLC modelling (98% history quality); the MT4 build will differ, because tick model, spread and execution differ between the two platforms and between brokers.
IMPORTANT — attach the EA to a BTCUSD H4 chart. The strategy reads that timeframe; on any other chart it will simply place no trades. If you are testing the free demo in the Strategy Tester, set the symbol and timeframe to BTCUSD H4 or you will see zero trades.
ACCOUNT TYPE (v1.44 and later) — Since v1.44 the EA also contains three additional strategies (H4 volatility-squeeze breakout, D1 long-term trend, H1 volatility-expansion breakout) that run alongside the original COMET engine under their own magic numbers. These additional strategies require a hedging account. On a netting account the EA automatically trades the original COMET engine only, exactly as v1.35. Backtest with the v1.44 defaults (all four strategies, Ultra, hedging account; MT5 Strategy Tester, 1-minute OHLC, BTCUSD H4 2018-2025, $10,000): +12,165% / Profit Factor 1.72 / 775 trades / win rate 40.1% / max equity drawdown 26.8% (relative 31.2%). The four-tier table below shows the original COMET engine alone (additional strategies off). Since v1.46 the default Run-Mode is Defensive: same test +591% / Profit Factor 2.36 / max equity drawdown 8.2% (relative 13.5%); Ultra +12,279% / Profit Factor 1.73 / max equity drawdown 26.4% (relative 31.0%).
BITCOIN COMET is an automated trading system for crypto majors — Bitcoin (BTCUSD) and Ethereum (ETHUSD) — on the H4 timeframe. It is a pure trend follower: it waits for a confirmed breakout of the Donchian channel in the direction of the longer-term trend, then rides the move with a trailing stop and no fixed take-profit. The design accepts that most trades are small losses or scratches, and aims to let a minority of strong, sustained crypto trends carry the result. Ready-made presets are included for both BTCUSD and ETHUSD.
RISK WARNING FIRST: Since v1.46 the default Run-Mode is DEFENSIVE (lowest risk). Ultra (maximum verified risk, the default up to v1.45) targets the highest return and reaches much deeper drawdowns. Choose the Run-Mode that matches your account and temperament — Defensive or Aggressive are the everyday recommendations; Ultra is for experienced traders who accept large equity swings. All backtests below are historical, not a live track record.
FOUR RISK TIERS — ONE DROPDOWN, SAME SIGNAL, RISK SCALES (1-minute OHLC backtest, MT5 Strategy Tester, BTCUSD H4 2018-2025, $10,000, default settings otherwise):
- Defensive (default since v1.46): +104% / Profit Factor 2.57 / max equity drawdown 5.5%
- Standard: +324% / Profit Factor 2.37 / max equity drawdown 8.3%
- Aggressive (recommended): +1,328% / Profit Factor 2.03 / max equity drawdown 16.1%
- Ultra: +3,700% / Profit Factor 2.19 / max equity drawdown 18.2%
Every tier trades the identical signal; only position-sizing risk scales. All 8 calendar years were positive at Standard (2018 +27% | 2019 +26% | 2020 +17% | 2021 +11% | 2022 +13% | 2023 +52% | 2024 +9% | 2025 +9%); higher tiers scale the same yearly pattern up in both return and drawdown. 128 trades, win rate 46.1%.
This is a tool. It does not promise profit. Automated trading carries real risk, and trend-following systems endure long stretches of small losses while waiting for a trend. Please read the whole description, start on the tier that fits you, and size your risk before using it on a live account.
HOW IT WORKS
1) Entry — Confirmed Donchian breakout
The EA tracks the highest high and lowest low of the recent Donchian channel (default 20 H4 bars). A trade is taken when price breaks beyond the channel by a confirmation buffer measured in ATR, which filters marginal pokes through the band and requires the breakout to be decisive.
2) Trend filter — Trade with the slope
Entries are only taken in the direction of the SMA200 slope. When the long-term average is rising the EA looks for long breakouts; when it is falling it looks for short breakouts. This keeps trades aligned with the dominant regime rather than fading it. Both long and short are enabled by default.
3) Exit — ATR trailing stop, no fixed target
There is no fixed take-profit. The same ATR×4 distance serves as both the initial stop and the trailing stop: as price advances, the stop follows, locking in more of the move while leaving room for normal volatility. The trade stays open as long as the trend persists and is closed only when price retraces by the trailing distance. The three additional strategies (v1.44 and later) send their stop-loss to the broker's server with every order. The original COMET engine's stop (the trend-following trailing stop described here) is monitored and executed by the EA itself, so its positions are protected only while the EA is running. Run it on a VPS or a machine that stays on 24/7.
4) Position sizing
Lots are sized from a risk percentage of balance against the initial stop distance, with a hard maximum-lot cap. Because Bitcoin can gap and move fast, a wider slippage allowance is used by default.
RUN-MODE: ONE DROPDOWN FOR RISK
BITCOIN COMET includes a Run-Mode selector with four settings — the numbers for each are in the table above:
- Defensive: lowest risk and drawdown, for capital preservation — the default since v1.46
- Standard: the original balanced profile
- Aggressive: our recommended growth setting — strong return at a moderate drawdown
- Ultra: maximum verified return, deepest drawdown, for experienced traders (the default up to v1.45)
Because risk and reward scale proportionally, you choose the profile that fits your account and temperament from a single input. Existing users who prefer the previous behaviour should select the Standard preset; to keep the v1.45 default, select Ultra.
BUILT-IN PROTECTION & MONITORING
- Economic-calendar news avoidance: pauses new entries around high-impact events (uses the built-in MetaTrader calendar; no external connection required)
- Daily-loss stop and consecutive-loss safety guards
- Weekend close option
- On-chart dashboard: balance, equity, margin level, today / week / month / all-time P&L, win rate, longest win/loss streak, current drawdown, spread, and the next high-impact event
- Push and email notifications for opens, closes and margin warnings
=== WHO THIS IS FOR / NOT FOR ===
Right fit: crypto trend followers who accept a win rate near 40-46% and many small scratches, anyone who wants the SMA200 slope to keep them out of counter-trend breakouts, and anyone who will start on the Defensive default or on Aggressive rather than on Ultra.
Not a fit: anyone expecting every year to look like 2023, anyone who wants a fixed take-profit rather than a trailing exit, and anyone whose broker does not offer BTCUSD or ETHUSD with sufficient history to test on.
=== 5-MINUTE DEMO CHECKLIST ===
1) Download the free demo and open the Strategy Tester. Symbol BTCUSD, timeframe H4. On anything else it places no trades. Ready-made presets are included for both BTCUSD and ETHUSD — load the one matching the symbol you test.
2) Modelling: "1 minute OHLC".
3) Period: 2018 to 2025, matching the published table — 128 trades, win rate 46.1%. (Table = original engine with the additional strategies off; with the v1.44 defaults: 775 trades, win rate 40.1%.)
4) Check the yearly breakdown rather than the headline: at Standard every one of the eight calendar years was positive, but the spread runs from +9% to +52%. Two single-digit years in a row is a normal outcome here, not a malfunction.
5) Compare trade count, profit factor and maximum drawdown against the table. Crypto history varies a lot between brokers, so a gap here often means your feed, not the EA.
6) Then run it on a demo account for at least one month before any live money, on the Run-Mode you chose (the default is Defensive since v1.46).
After that month, please leave a review, positive or negative, with the period, broker and Run-Mode you used. Honest data helps every other trader here more than any marketing.
RECOMMENDED SETUP
- Symbol: BTCUSD (Bitcoin)
- Timeframe: H4
- Account: a standard account with sufficient balance for Bitcoin's contract size and volatility; check your broker's minimum lot and margin for BTCUSD
- Leverage: 1:100 or higher is comfortable; confirm your broker's crypto leverage
- VPS or an always-on PC is recommended so the EA runs around the clock without interruption
- Default Run-Mode is Defensive (since v1.46). For growth we recommend Aggressive; choose Ultra only if you accept the much deeper drawdown.
KEY INPUTS
- RunMode: Defensive / Standard / Aggressive / Ultra (default Defensive since v1.46)
- RiskPercent / MaxLot: position sizing and lot cap
- EntryChannel: Donchian breakout channel length (H4 bars)
- ATRPeriod: ATR period
- ATRMult: trailing and initial stop distance (ATR multiple)
- BreakMargin: breakout confirmation buffer (ATR multiple)
- UseTrendFilter, TrendSMA, TrendSlopeBars: trend-direction filter
- TradeLong, TradeShort: enable long / short
- Slippage: maximum slippage (wider for crypto)
- News filter, weekend-close and notification settings
IMPORTANT RISK DISCLOSURE
This product is a software tool for automated order execution. It is not investment advice and does not manage your funds. No trading system can guarantee profit, and past performance — including any backtest — does not guarantee future results. Trend-following systems have a low win rate by nature and can suffer extended drawdowns during ranging markets; Bitcoin is highly volatile and can gap. Ultra is intentionally aggressive (the default is Defensive since v1.46); start on a demo account, and step down to Aggressive, Standard or Defensive if the drawdown is more than you want. Only trade with money you can afford to lose.
SUPPORT
Please use the built-in chat for questions. Updates and improvements are published through the Market and delivered to you automatically.
AT A GLANCE (MT5 backtest, 1-minute OHLC, BTCUSD H4, 2018-2025, $10,000 — historical, not a live record)
- Donchian breakout trend follower on BTCUSD H4 with an ATR trailing stop; since v1.44 three more strategies run alongside it on hedging accounts
- Default since v1.46 (Defensive, all four strategies, hedging account): Profit Factor 2.36 / equity drawdown 8.2% (relative 13.5%) / 775 trades. Ultra (the default up to v1.45): Profit Factor 1.73 / equity drawdown 26.4% (relative 31.0%)
- Original COMET engine alone: Defensive Profit Factor 2.57 / equity drawdown 5.5%; Standard Profit Factor 2.37 / equity drawdown 8.3%
- Every COMET trade opens with an ATR stop that then trails; lots are sized from a risk percentage with a hard maximum-lot cap. On a netting account only the original engine trades
=== LAUNCH PRICE: LIMITED-TIME LOWEST PRICE $35 (88% OFF the regular $299) — 2 OF 3 LEFT ===
The regular price is $299, but for a limited time it is offered at its lowest price. From here the price goes up as copies sell (every 3 purchases) and keeps rising with no upper limit ($35 → $49 → $79 → $99 → $149 → …). When these copies are sold, the next price is $49.
=== START HERE ===
1) Read the RISK WARNING below before anything else.
2) Attach the EA to a BTCUSD H4 chart — on any other chart it will place no trades.
3) Test the free demo in the Strategy Tester first: see “5-MINUTE DEMO CHECKLIST” below.
4) Independent forward results: see “INDEPENDENT VERIFICATION (FXEA365)” below.
5) Platform: MetaTrader 5 (this page).
MT5 EDITION — This is the MetaTrader 5 build of BITCOIN COMET. An MT4 edition is published separately on this account. The two builds share the same core entry logic. The MetaTrader 5 build additionally offers an over-extension entry filter; the MetaTrader 4 build does not. Some defaults also differ between the two builds (ATRMult, BreakMargin), so compare the settings side by side before running either one. The figures in this description were measured on MetaTrader 5 with 1-minute OHLC modelling (98% history quality); the MT4 build will differ, because tick model, spread and execution differ between the two platforms and between brokers.
IMPORTANT — attach the EA to a BTCUSD H4 chart. The strategy reads that timeframe; on any other chart it will simply place no trades. If you are testing the free demo in the Strategy Tester, set the symbol and timeframe to BTCUSD H4 or you will see zero trades.
ACCOUNT TYPE (v1.44 and later) — Since v1.44 the EA also contains three additional strategies (H4 volatility-squeeze breakout, D1 long-term trend, H1 volatility-expansion breakout) that run alongside the original COMET engine under their own magic numbers. These additional strategies require a hedging account. On a netting account the EA automatically trades the original COMET engine only, exactly as v1.35. Backtest with the v1.44 defaults (all four strategies, Ultra, hedging account; MT5 Strategy Tester, 1-minute OHLC, BTCUSD H4 2018-2025, $10,000): +12,165% / Profit Factor 1.72 / 775 trades / win rate 40.1% / max equity drawdown 26.8% (relative 31.2%). The four-tier table below shows the original COMET engine alone (additional strategies off). Since v1.46 the default Run-Mode is Defensive: same test +591% / Profit Factor 2.36 / max equity drawdown 8.2% (relative 13.5%); Ultra +12,279% / Profit Factor 1.73 / max equity drawdown 26.4% (relative 31.0%).
BITCOIN COMET is an automated trading system for crypto majors — Bitcoin (BTCUSD) and Ethereum (ETHUSD) — on the H4 timeframe. It is a pure trend follower: it waits for a confirmed breakout of the Donchian channel in the direction of the longer-term trend, then rides the move with a trailing stop and no fixed take-profit. The design accepts that most trades are small losses or scratches, and aims to let a minority of strong, sustained crypto trends carry the result. Ready-made presets are included for both BTCUSD and ETHUSD.
RISK WARNING FIRST: Since v1.46 the default Run-Mode is DEFENSIVE (lowest risk). Ultra (maximum verified risk, the default up to v1.45) targets the highest return and reaches much deeper drawdowns. Choose the Run-Mode that matches your account and temperament — Defensive or Aggressive are the everyday recommendations; Ultra is for experienced traders who accept large equity swings. All backtests below are historical, not a live track record.
FOUR RISK TIERS — ONE DROPDOWN, SAME SIGNAL, RISK SCALES (1-minute OHLC backtest, MT5 Strategy Tester, BTCUSD H4 2018-2025, $10,000, default settings otherwise):
- Defensive (default since v1.46): +104% / Profit Factor 2.57 / max equity drawdown 5.5%
- Standard: +324% / Profit Factor 2.37 / max equity drawdown 8.3%
- Aggressive (recommended): +1,328% / Profit Factor 2.03 / max equity drawdown 16.1%
- Ultra: +3,700% / Profit Factor 2.19 / max equity drawdown 18.2%
Every tier trades the identical signal; only position-sizing risk scales. All 8 calendar years were positive at Standard (2018 +27% | 2019 +26% | 2020 +17% | 2021 +11% | 2022 +13% | 2023 +52% | 2024 +9% | 2025 +9%); higher tiers scale the same yearly pattern up in both return and drawdown. 128 trades, win rate 46.1%.
This is a tool. It does not promise profit. Automated trading carries real risk, and trend-following systems endure long stretches of small losses while waiting for a trend. Please read the whole description, start on the tier that fits you, and size your risk before using it on a live account.
HOW IT WORKS
1) Entry — Confirmed Donchian breakout
The EA tracks the highest high and lowest low of the recent Donchian channel (default 20 H4 bars). A trade is taken when price breaks beyond the channel by a confirmation buffer measured in ATR, which filters marginal pokes through the band and requires the breakout to be decisive.
2) Trend filter — Trade with the slope
Entries are only taken in the direction of the SMA200 slope. When the long-term average is rising the EA looks for long breakouts; when it is falling it looks for short breakouts. This keeps trades aligned with the dominant regime rather than fading it. Both long and short are enabled by default.
3) Exit — ATR trailing stop, no fixed target
There is no fixed take-profit. The same ATR×4 distance serves as both the initial stop and the trailing stop: as price advances, the stop follows, locking in more of the move while leaving room for normal volatility. The trade stays open as long as the trend persists and is closed only when price retraces by the trailing distance. The three additional strategies (v1.44 and later) send their stop-loss to the broker's server with every order. The original COMET engine's stop (the trend-following trailing stop described here) is monitored and executed by the EA itself, so its positions are protected only while the EA is running. Run it on a VPS or a machine that stays on 24/7.
4) Position sizing
Lots are sized from a risk percentage of balance against the initial stop distance, with a hard maximum-lot cap. Because Bitcoin can gap and move fast, a wider slippage allowance is used by default.
RUN-MODE: ONE DROPDOWN FOR RISK
BITCOIN COMET includes a Run-Mode selector with four settings — the numbers for each are in the table above:
- Defensive: lowest risk and drawdown, for capital preservation — the default since v1.46
- Standard: the original balanced profile
- Aggressive: our recommended growth setting — strong return at a moderate drawdown
- Ultra: maximum verified return, deepest drawdown, for experienced traders (the default up to v1.45)
Because risk and reward scale proportionally, you choose the profile that fits your account and temperament from a single input. Existing users who prefer the previous behaviour should select the Standard preset; to keep the v1.45 default, select Ultra.
BUILT-IN PROTECTION & MONITORING
- Economic-calendar news avoidance: pauses new entries around high-impact events (uses the built-in MetaTrader calendar; no external connection required)
- Daily-loss stop and consecutive-loss safety guards
- Weekend close option
- On-chart dashboard: balance, equity, margin level, today / week / month / all-time P&L, win rate, longest win/loss streak, current drawdown, spread, and the next high-impact event
- Push and email notifications for opens, closes and margin warnings
=== WHO THIS IS FOR / NOT FOR ===
Right fit: crypto trend followers who accept a win rate near 40-46% and many small scratches, anyone who wants the SMA200 slope to keep them out of counter-trend breakouts, and anyone who will start on the Defensive default or on Aggressive rather than on Ultra.
Not a fit: anyone expecting every year to look like 2023, anyone who wants a fixed take-profit rather than a trailing exit, and anyone whose broker does not offer BTCUSD or ETHUSD with sufficient history to test on.
=== 5-MINUTE DEMO CHECKLIST ===
1) Download the free demo and open the Strategy Tester. Symbol BTCUSD, timeframe H4. On anything else it places no trades. Ready-made presets are included for both BTCUSD and ETHUSD — load the one matching the symbol you test.
2) Modelling: "1 minute OHLC".
3) Period: 2018 to 2025, matching the published table — 128 trades, win rate 46.1%. (Table = original engine with the additional strategies off; with the v1.44 defaults: 775 trades, win rate 40.1%.)
4) Check the yearly breakdown rather than the headline: at Standard every one of the eight calendar years was positive, but the spread runs from +9% to +52%. Two single-digit years in a row is a normal outcome here, not a malfunction.
5) Compare trade count, profit factor and maximum drawdown against the table. Crypto history varies a lot between brokers, so a gap here often means your feed, not the EA.
6) Then run it on a demo account for at least one month before any live money, on the Run-Mode you chose (the default is Defensive since v1.46).
After that month, please leave a review, positive or negative, with the period, broker and Run-Mode you used. Honest data helps every other trader here more than any marketing.
RECOMMENDED SETUP
- Symbol: BTCUSD (Bitcoin)
- Timeframe: H4
- Account: a standard account with sufficient balance for Bitcoin's contract size and volatility; check your broker's minimum lot and margin for BTCUSD
- Leverage: 1:100 or higher is comfortable; confirm your broker's crypto leverage
- VPS or an always-on PC is recommended so the EA runs around the clock without interruption
- Default Run-Mode is Defensive (since v1.46). For growth we recommend Aggressive; choose Ultra only if you accept the much deeper drawdown.
KEY INPUTS
- RunMode: Defensive / Standard / Aggressive / Ultra (default Defensive since v1.46)
- RiskPercent / MaxLot: position sizing and lot cap
- EntryChannel: Donchian breakout channel length (H4 bars)
- ATRPeriod: ATR period
- ATRMult: trailing and initial stop distance (ATR multiple)
- BreakMargin: breakout confirmation buffer (ATR multiple)
- UseTrendFilter, TrendSMA, TrendSlopeBars: trend-direction filter
- TradeLong, TradeShort: enable long / short
- Slippage: maximum slippage (wider for crypto)
- News filter, weekend-close and notification settings
IMPORTANT RISK DISCLOSURE
This product is a software tool for automated order execution. It is not investment advice and does not manage your funds. No trading system can guarantee profit, and past performance — including any backtest — does not guarantee future results. Trend-following systems have a low win rate by nature and can suffer extended drawdowns during ranging markets; Bitcoin is highly volatile and can gap. Ultra is intentionally aggressive (the default is Defensive since v1.46); start on a demo account, and step down to Aggressive, Standard or Defensive if the drawdown is more than you want. Only trade with money you can afford to lose.
SUPPORT
Please use the built-in chat for questions. Updates and improvements are published through the Market and delivered to you automatically.

