FXEA365 Ethereum 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: 1.56
- Updated: 10 October 2026
- Activations: 5
FXEA365 Ethereum Trend — Donchian trend follower for ETHUSD H4 with a stop-loss on every trade (MetaTrader 5)
=== LAUNCH PRICE: 3 OF 3 LEFT AT $35 ===
The price rises after 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.
=== QUICK LINKS ===
- User guide and ready-made set files (one per run mode, plus a prop-firm set): https://www.mql5.com/en/blogs/post/779741
- Forward test: Exness demo account (not real money), figures below and updated in the guide
- Questions and setup help: the Comments tab of this page
- All our products: https://www.mql5.com/en/users/app.develop.sk/seller
- MetaTrader 4 edition: https://www.mql5.com/en/market/product/182614
=== KEY FACTS ===
- Symbol: ETHUSD (or ETHUSDm / an equivalent Ethereum symbol). Chart timeframe: H4 — the core strategy uses the chart's timeframe, and H4 is the only timeframe it was built and tested on
- Account: hedging. On a netting account the EA prints a warning at start-up and position management may not work as designed. MetaTrader 5 (the MT4 edition has no partial take-profit stage and its results will differ)
- Leverage: 1:100 or higher; confirm your broker's crypto leverage
- Run modes: Defensive, Standard, Aggressive (recommended), Ultra (default). The signal is identical in every mode; only the position size changes. On this EA Ultra equals Aggressive, because the maximum-lot cap is reached at about 2x risk
- No grid, no martingale, no averaging. At most one position per strategy (two in total)
- Stop-loss: every trade has an ATR stop that then trails. The stop is monitored and executed by the EA itself, not placed on the broker's server, so a position is protected only while the EA is running. A VPS or an always-on PC is strongly recommended
=== RESULTS (WITH MAXIMUM DRAWDOWN) ===
Backtests are historical simulations, not a live record, and do not indicate future performance.
- MT5 Strategy Tester, Dukascopy real ticks, ETHUSD H4, 2019.01 to 2026.06, deposit $10,000, v1.55 defaults (second strategy on): Aggressive +324%, profit factor 2.83, maximum equity drawdown 17.1%. Ultra gives the same +324%, profit factor 2.83, maximum equity drawdown 17.1%.
- Same test: Standard +171%, profit factor 2.70, maximum equity drawdown 11.0%. Defensive +73%, profit factor 2.53, maximum equity drawdown 6.5%.
- 154 trades, 38.3% win rate. Most trades are small losses or scratches by design.
- Forward test (Exness demo account, not real money, running since 2026-08-21; v1.55 since 2026-10-04, earlier versions before that): 2 trades, -3.27%, maximum drawdown 3.27% as of 2026-10-28. Far too few trades to judge; compare it with the 17.1% backtest drawdown.
=== HOW IT WORKS ===
1) Entry — a close beyond the Donchian channel (default 23 H4 bars) by a confirmation margin measured in ATR.
2) Trend filter — entries are taken only in the direction of the SMA 200 slope on H4.
3) Overextension filter — a breakout that is already far from the SMA is skipped.
4) Initial stop — placed at a multiple of ATR from entry (default 3x ATR).
5) Trailing stop — the stop trails at the same ATR distance. There is no fixed take-profit; the trade closes when price retraces by the trailing distance.
6) Second strategy (since v1.55) — an H4 volatility-squeeze breakout, long only, at 0.25x the core risk, with its own stop-loss and ATR trailing. Set UseCoilEngine=false to turn it off. The figures above were measured with it on.
Lot size comes from RiskPercent and the stop distance, with a hard MaxLot cap. Also included: news pause (built-in MetaTrader calendar), daily-loss stop, consecutive-loss guard and weekend close option.
=== RUN MODES AND SET FILES (2019-2026 backtest figures) ===
- Defensive: +73%, maximum equity drawdown 6.5%
- Standard: +171%, maximum equity drawdown 11.0%
- Aggressive (recommended): +324%, maximum equity drawdown 17.1%
- Ultra (default): identical to Aggressive on this EA, +324%, maximum equity drawdown 17.1%
- Prop-firm set: Defensive mode — the lowest-risk mode measured above (6.5% maximum equity drawdown), with everything else at the tested defaults.
The set files in the guide only change the RunMode input; everything else stays at the tested defaults.
=== FAQ ===
Q: Which timeframe should I attach it to?
A: ETHUSD H4. The core strategy follows the chart's timeframe, and all published figures were measured on H4, so use H4 in the Strategy Tester as well.
Q: Does it use martingale or grid?
A: No. There is no grid, no martingale and no averaging. Each strategy holds at most one position, and every trade has a stop-loss.
Q: Why is the win rate so low?
A: It is a trend follower. Over 154 test trades the win rate was 38.3%; the result depends on a few long trends while losers stay small.
Q: Why does Ultra show the same numbers as Aggressive?
A: The maximum-lot cap is reached at about 2x risk, so raising risk further does not change the trades or the result.
Q: Does it need a VPS?
A: Yes, strongly recommended. The stop-loss is managed by the EA, not on the broker's server, so the EA must stay running.
Q: How do I check it before buying?
A: Run the free demo in the Strategy Tester on ETHUSD H4 with "Every tick based on real ticks", 2019 to 2026, deposit $10,000, and compare with the table above at the mode you plan to use.
=== RISK WARNING ===
Ethereum is highly volatile and can gap, and a trend follower can go through long stretches of small losses in ranging markets. Start on a demo account for at least a month, choose the mode whose drawdown you can accept, and never trade money you cannot afford to lose.
=== LAUNCH PRICE: 3 OF 3 LEFT AT $35 ===
The price rises after 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.
=== QUICK LINKS ===
- User guide and ready-made set files (one per run mode, plus a prop-firm set): https://www.mql5.com/en/blogs/post/779741
- Forward test: Exness demo account (not real money), figures below and updated in the guide
- Questions and setup help: the Comments tab of this page
- All our products: https://www.mql5.com/en/users/app.develop.sk/seller
- MetaTrader 4 edition: https://www.mql5.com/en/market/product/182614
=== KEY FACTS ===
- Symbol: ETHUSD (or ETHUSDm / an equivalent Ethereum symbol). Chart timeframe: H4 — the core strategy uses the chart's timeframe, and H4 is the only timeframe it was built and tested on
- Account: hedging. On a netting account the EA prints a warning at start-up and position management may not work as designed. MetaTrader 5 (the MT4 edition has no partial take-profit stage and its results will differ)
- Leverage: 1:100 or higher; confirm your broker's crypto leverage
- Run modes: Defensive, Standard, Aggressive (recommended), Ultra (default). The signal is identical in every mode; only the position size changes. On this EA Ultra equals Aggressive, because the maximum-lot cap is reached at about 2x risk
- No grid, no martingale, no averaging. At most one position per strategy (two in total)
- Stop-loss: every trade has an ATR stop that then trails. The stop is monitored and executed by the EA itself, not placed on the broker's server, so a position is protected only while the EA is running. A VPS or an always-on PC is strongly recommended
=== RESULTS (WITH MAXIMUM DRAWDOWN) ===
Backtests are historical simulations, not a live record, and do not indicate future performance.
- MT5 Strategy Tester, Dukascopy real ticks, ETHUSD H4, 2019.01 to 2026.06, deposit $10,000, v1.55 defaults (second strategy on): Aggressive +324%, profit factor 2.83, maximum equity drawdown 17.1%. Ultra gives the same +324%, profit factor 2.83, maximum equity drawdown 17.1%.
- Same test: Standard +171%, profit factor 2.70, maximum equity drawdown 11.0%. Defensive +73%, profit factor 2.53, maximum equity drawdown 6.5%.
- 154 trades, 38.3% win rate. Most trades are small losses or scratches by design.
- Forward test (Exness demo account, not real money, running since 2026-08-21; v1.55 since 2026-10-04, earlier versions before that): 2 trades, -3.27%, maximum drawdown 3.27% as of 2026-10-28. Far too few trades to judge; compare it with the 17.1% backtest drawdown.
=== HOW IT WORKS ===
1) Entry — a close beyond the Donchian channel (default 23 H4 bars) by a confirmation margin measured in ATR.
2) Trend filter — entries are taken only in the direction of the SMA 200 slope on H4.
3) Overextension filter — a breakout that is already far from the SMA is skipped.
4) Initial stop — placed at a multiple of ATR from entry (default 3x ATR).
5) Trailing stop — the stop trails at the same ATR distance. There is no fixed take-profit; the trade closes when price retraces by the trailing distance.
6) Second strategy (since v1.55) — an H4 volatility-squeeze breakout, long only, at 0.25x the core risk, with its own stop-loss and ATR trailing. Set UseCoilEngine=false to turn it off. The figures above were measured with it on.
Lot size comes from RiskPercent and the stop distance, with a hard MaxLot cap. Also included: news pause (built-in MetaTrader calendar), daily-loss stop, consecutive-loss guard and weekend close option.
=== RUN MODES AND SET FILES (2019-2026 backtest figures) ===
- Defensive: +73%, maximum equity drawdown 6.5%
- Standard: +171%, maximum equity drawdown 11.0%
- Aggressive (recommended): +324%, maximum equity drawdown 17.1%
- Ultra (default): identical to Aggressive on this EA, +324%, maximum equity drawdown 17.1%
- Prop-firm set: Defensive mode — the lowest-risk mode measured above (6.5% maximum equity drawdown), with everything else at the tested defaults.
The set files in the guide only change the RunMode input; everything else stays at the tested defaults.
=== FAQ ===
Q: Which timeframe should I attach it to?
A: ETHUSD H4. The core strategy follows the chart's timeframe, and all published figures were measured on H4, so use H4 in the Strategy Tester as well.
Q: Does it use martingale or grid?
A: No. There is no grid, no martingale and no averaging. Each strategy holds at most one position, and every trade has a stop-loss.
Q: Why is the win rate so low?
A: It is a trend follower. Over 154 test trades the win rate was 38.3%; the result depends on a few long trends while losers stay small.
Q: Why does Ultra show the same numbers as Aggressive?
A: The maximum-lot cap is reached at about 2x risk, so raising risk further does not change the trades or the result.
Q: Does it need a VPS?
A: Yes, strongly recommended. The stop-loss is managed by the EA, not on the broker's server, so the EA must stay running.
Q: How do I check it before buying?
A: Run the free demo in the Strategy Tester on ETHUSD H4 with "Every tick based on real ticks", 2019 to 2026, deposit $10,000, and compare with the table above at the mode you plan to use.
=== RISK WARNING ===
Ethereum is highly volatile and can gap, and a trend follower can go through long stretches of small losses in ranging markets. Start on a demo account for at least a month, choose the mode whose drawdown you can accept, and never trade money you cannot afford to lose.
