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Entropy MT5

Entropy is an expert advisor with artificial intelligence developed for the Meta Trader 5 platform. Due to advanced functionality and robustness of MT5 many clients have requested for MT5 version of Entropy stemming  from Entropy MT4.  Entropy has ability to self-learn and adapt to the recurring rhythm, chaos and disorderliness in the market to MT5 platform. Entropy algorithm was developed in a way to ensure minimal human input or intervention to determine the in-coming market sentiment and price action that is extremely hard to pick by human eyes or manual trading.

The strategy and method in which Entropy is based on comply strictly to the core rules of trading and has an edge in its simplicity and ability to preserve initial capital and opening position only when the potential for profit far outweighs likely loss.

There are inbuilt time zone and DST adjustment engine that detects broker time and seasonal time changes. Therefore, there is no need for time change hassle and a news engine that will put the expert to sleep mode if there is any economic news with the potential for an unpredictable adverse effect on market technicalities. We also aimed to address some major mistakes traders, developers and coders make when implementing their so-called promising strategies that only deliver amazing result in visual back-tests, but fail woefully on a demo and ultimately on a live trading account.

No toxic or margin hugging technique, like Martingale, Averaging, Gridding, Zone Recovery Strategy.

Entropy is designed to always use solid stop loss which is meant to limit risk in case of terminal crashes, server disconnects. Seasoned traders can never rule out the importance of strict money management and preservation of initial capital to live to trade another day. As such, risk per trade is set with all trades and most other parameter are intelligently defined by the algorithm.

As a caveat, we do not make promises of profit for using this algorithm and like every other system out there, there will be a stagnation period that will span for days maybe weeks or month. Overall, the Entropy algorithm will weather the stagnation and the positive movement will eventually outweigh the stagnation time. Res Ipsa Loquitor, Our Live Performance Accounts will speak for itself . Nonetheless, you are encouraged to backtest and demo-trade with your broker to see what potential it has in a live environment with your desired broker first.

Please allow WebRequest for listed URL and paste "http://ec.forexprostools.com/" in the address box for the news filtering.


Expert Recommendations

  • Server: Low latency VPS
  • Symbol: EURSGD, AUDSGD, GBPSGD, GBPCHF
  • Time Frame: Default expert setting optimized for M15, it can be re-optimized for M30
  • Broker: Low spread with commission
  • Deposit: Greater than $200
  • Leverage: Greater than 1:200
  • It is important to note that backtesting Entropy in MT5 Strategy tester does not take account of the prevailing news. For faster backtesting select false for "Avoid trade on news"


Input Parameters

  • OpenDirection: Long only, short only or long and shorts positions
  • DynamicLots: False for fixed lot or true for automatic lot calculation
  • Lots: If false in DynamicLots fixed lots will be used
  • RiskPerTrade: Percent of equity to risk per trade (Risk more than 4% not recommended)
  • HardSLPips: Solid stop loss
  • MaxSpreadPips: Max spread allowed in pips
  • SlippagePips: Max slippage allowed in pips
  • Comment: Comment
  • Magic: Identifying trades from different expert advisors and when trading platform restarts
  • DisplayOnChart: Display spread, swap, balance and win rate on the chart
  • FillingMode: Mode on MT5 supported by your broker. select ORDER_FILLING_FOK if the broker does not allow ORDER_FILLING_IOC
  • Avoid trade on news: Enables the use of news filter engine.


PS: Entropy MT5 has been designed to work for many instruments including metals, indices, and energy. However, for the sake of safety, it is not recommended to use this EA outside the recommended pair, risk, and time-frame described above. Please message me if you have any question or clarification to make.











































































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HughesEA
HughesEA
Tsagli Hughes Tsatsu
This EA takes trades based on the 4hr time frame as an intraday trading strategy with respect to the lining up or confluence of the other time frames.. This robot works well on all asset classes listed on MetaTrader 5 platform and Any broker using ONLY MT5. The Strategy is a high probability one as it seeks to depend on other time frames for considerable momentum to trend so beautifully. There is no Martingale. It executes one trade at a time. It's a true trend EA and you will love the result
1 999 USD
Traders Toolbox
Traders Toolbox
Jason Kisogloo
Traders Toolbox Premium is an All-in-One Tool created based on extensive training on common trading strategies in order to automate those strategies and calculations . (designed and programmed by Jason Kisogloo) Fe atures: 19 Individual Signals - Each one of these signals can be biased in a neural network style configuration to constitute the final / overall result. Each signal has its own settings to be customised or optimised if needed. Comprehensive On Screen Display - Six snap away Panels w
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GerFX Density Scalper MT5
GerFX Density Scalper MT5
Exler Consulting GmbH
IMPORTANT: Please contact me after buying or renting for the correct key paramter.  For strategy tester please use time frame H1 or higher. For live trading it uses M5.  Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading. 3) Any mea
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Joker EA mt5
Joker EA mt5
Evgenii Aksenov
Monitoring real deals: Joker EA Buying this Expert Advisor, you get personal gift! Details in the DM Price will be kept high to lower the number of users for this system! Based on my experience I can say that the concept of successful trading is mathematical predictability of trading results Too complicated trading robots don't guarantee better reliability, as they have lots of parameters affecting trading at a given time, which makes it difficult for most traders to understand and sett up thes
1 250 USD
IRB Scalper Pro
IRB Scalper Pro
Ahmed Alaoui Chrifi
The strategy: EA strategy is inspired from a profitable strategy of Mr Rob Hoffman (One of the best traders in the world with multiple prizes on manual trading) . 1.Entry: The EA search for IRB bars (Inventory retracement bar), and place sell pending order or buy pending order according to the trend confirmed by the calculation of a 20 EMA slope degree. We believe that most of IRB Bar are caused by huge institutions (Hedge funds …), so the idea is to take benefits from their very profitable robo
999 USD
Spike Catcher Pro
Spike Catcher Pro
BILLY ARANDUQUE ABCEDE
Spike Catcher Pro is an EA that exclusively Coded just to trade/Catches Spikes for Boom and Crash makets. The EA needs 50$ minimum balance on each index and to run all Indexes on Boom and Crash you need a balance of 200$ Minimum. Lotsize : Fixed Volume or Use 0.20 on each Index SL : Optional TP : Optional Setfile For Crash500 :  https://drive.google.com/file/d/1i4BOgBhWKK6BMh7Y-Q_5rg_j1s6XfL4D/view?usp=sharing Trailing Stops : to Secure Profits Overtime if theres a spikes Grab A Copy Now Next Pr
699 USD
Bitcoin Robot
Bitcoin Robot
Petros Shatakhtsyan
Bitcoin Robot   is a trading robot for MT5. It takes into account the trend, support/resistance levels, determines the pivot points, the speed and acceleration of price changes. It works around the clock, completely in automatic mode and does not require special settings. For deposit insurance, 4 types of Stop Loss are provided: Virtual Stop Loss on points , when the lot is not increased. It is triggered when the price moves in the opposite direction. Then at a certain level the position will be
1 280 USD
Stock Trader Pro MT5
Stock Trader Pro MT5
Ivan Pochta
SPECIAL OFFER   5 copies by price $675 instead standard price $750!  Live Results  Stock Trader Pro:  here >>   (Admiral Markets) Stock Trader Pro:  here >>  (Darwinex MT4) Stock Trader Pro Hedge Mode:  here >>   (Darwinex) Stock Trader Pro   is a fully automated trading advisor designed to work at   US Stock Market . The system is based on the author’s trading strategy. Unlike Forex systems,   Stock Trader Pro   opens only LONG positions by  the global direction
675 USD
Portfolio X 10 eurusd
Portfolio X 10 eurusd
Mateus Botelho Mattos
Generate your own strategies, build a portfolio and trade all together using this EA. You can use PortfolioX in three ways: 1) Creating your own strategies; 2) Using one of the hundreds of built-in strategies and customizing with the various filters available. 3) Using one of the set files provided by the author or the community. Trade any pair using PortfolioX. Sample signal:  https://www.mql5.com/en/signals/1013045 Feel free to contact me directly to clarify any information or feature.
1 499 USD
New Smarthedge
New Smarthedge
Vladimir Khlystov
The EA has the same trading principle as   SMARTHEDGE . We trade simultaneously on drum instruments with high correlation. Transactions made on one instrument compensate for the drawdown of transactions on the other instrument. Thus, we can trade fairly large volumes with relatively low risk. The principle of operation is clearly visible in the video below. In this expert Advisor, I tried to simplify the settings as much as possible, but left all the main functions from the early development.
750 USD
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Segun Oladipo
Entropy is an expert advisor with artificial intelligence that has the ability to self-learn and adapt to the constant chaos and disorderliness in the market. Entropy algorithm was developed in a way to ensure minimal human input or intervention to determine the in-coming market sentiment and price action that is extremely hard to pick by human eyes or manual trading. The strategy and method in which Entropy is based on comply strictly to the core rules of trading and has an edge in its simplic
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Silkyway MT5
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Segun Oladipo
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500 USD
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Version 2.0 2018.10.15
1) Optimized EA
2) Fixed news issue from source with investing.com
3) Improved entry and exit logic
4) Increased safety profile
5) Updated news filtering module