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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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Sotirios Karkalakos
The  Moment Catcher  Expert Advisor works on most currency pairs and it generates massive profits. It has various parameters (lot size - fixed or relative to the Equity, Stop Loss and Take Profit levels, Trailing Stop, Reverse Orders and thresholds like minimum balance and equity variables), and it is not bound to a specific timeframe. It uses a unique technology to identify small trends and get profit on trend and non-trend markets. You can decrease the lot size (e.g. FixedLot = 0.01 for a real
3 000 USD
Flet scalper
Flet scalper
Dmitiry Ananiev
Tick channel scalper for flat markets or for markets with frequent pullbacks. The robot is set to EURAUD. Brokers with minimal spreads and commissions are recommended. For example Rannforex.com or ICMarkets.com The EA has a unique algorithm that works on ticks and does not depend on the timeframe. Opening hours are configurable. Trading is possible both at any time period and around the clock. File for optimisations and test on Tester  include in my blog   -  https://www.mql5.com/ru/blogs/post/
1 250 USD
High Frequency Scalper Trading Series 1
High Frequency Scalper Trading Series 1
Amit Suryakant Jamuda
This is a High Frequency Scalper Trading System. The faster the computer and the Internet connection, the better it works. It also needs a good broker who does not put to many limits to orders and trades. A good broker should be used. Please click on the link to check the EA performance - https://www.mql5.com/en/signals/8968 . The settings that I found profitable are as follows: PerTradeVolume - volume per order (set it as per risk level). Please note the EA does not place any pending orders, it
30 000 USD
FireBall Scalping
FireBall Scalping
Mai Thanh Truc
Summary of my Expert Advisor: Method - scalping, ticks and time. Timeframe - any. Indicators - none. Advantages - high-frequency trading, high volume trading (good for bonus and rebate account type), low drawdown, high profit factor. Requirements - low spreads, best VPS or high speed connection, good PC or servers. Symbols - EURUSD , GBPUSD, USDJPY. Brokers - STP/ECN. I have some ideas to upgrade my first Expert Advisor ( TheNext1 ) to make it one of the strongest EAs on the Market, and I find a
999.99 USD
High Frequency Scalper Trading Series 1 01
High Frequency Scalper Trading Series 1 01
Amit Suryakant Jamuda
This is the same Expert Advisor as High Frequency Scalper Trading Series 1. Created due to requests from potential buyers to have a version of EA that runs on Live Accounts, however cheaper to buy. All the features are the same except you can't change the volume per trade on this version. If you find the EA interesting, do buy the full version from https://www.mql5.com/en/market/product/1115  where you can change the volume of trades. This will motivate me to invest more time and resources to cr
1 000 USD
TheNext2
TheNext2
Mai Thanh Truc
This Expert Advisor includes safe, low-risk and effective settings for 8 symbols from TheNext1 EA including EURUSD, USDJPY, EURJPY, GBPJPY, GBPUSD, USDCAD, NZDUSD, USDCHF. Next versions of this EA will include the best settings for new symbols. I have spent a lot of time to make the code work better, tested it thousands times with millions test cases, traded on many demo and real accounts. And finally, my EA has become stronger than ever. I will continue do that everyday. Features of this 2 in 1
999 USD
Abigail 5
Abigail 5
Andrej Nikitin
Description: Abigail is a medium-term trading system working on the price rollback. The Expert Advisor has been optimized for working on EURUSD. However, it can successfully work with other currency pairs as well. You can examine the Expert Advisor's trading statistics for different brokers and symbols at MetaTrader 4 and MetaTrader 5 Trading Signals sections. Parameters: Risk management: enter volume - market entry volume. If the value is greater than 0 - number of lots, if less than 0 - percen
1 200 USD
MT5Programmer Machine Plus
MT5Programmer Machine Plus
Clemencau Herge Nguepi
MT5Programmer_Machine_Plus is a powerful MT5 Expert Advisor working on 6 currencies pairs - EURUSD, EURGBP, GBPUSD, USDCAD, USDJPY and GBPCHF. It uses partial close feature to close positive trades as well as distribution between currency pairs to open positions. Live testing results can be found here: https://www.mql5.com/en/signals/43113 Deposit amount: $3 000 or more. Recommendation 1 If your account currency is USD, attach the EA to EURUSD chart only and close all other open charts If your a
1 200 USD
Scream
Scream
Maxim Maslov
This semi-scalper Expert Advisor operates by analyzing the market price movements and its acceleration. The key parameters for optimization are take profit, stop loss, price acceleration, as well as trailing stop (if you want to use it). The Expert Advisor is designed for high-liquidity instruments. At the following link you can test a МetaТrader 4 version: https://www.mql5.com/en/market/product/4869 . Parameters Lot - a lot that the EA will trade. Take Profit - take profit in pips. Stop Loss
999 USD
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Entropy
Entropy
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
600 USD
Silkyway MT5
Silkyway MT5
Segun Oladipo
Silkyway MT5 is an advanced expert advisor developed for MetaTrader 5 platform which complies strictly with the core rules of successful trading that isolate few winners from the majority of the investors. This is the MetaTrader 5 version of Silkyway MT4 The core strength of Silkway lies in its ability to preserve initial capital while sustainably growing investors equity. The strategy behind Silkway calculates how orders flow in the market and quickly reacts to the flow when it is safe to do so
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