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Steady MT5

"Steady" is a 100% adaptive expert advisor based on price movement. It has a built-in unique Smart Recovery algorithm.

Only one trade at a time. Every trade has Stop Loss and Take Profit from very beginning, and they do not change.

This is for those, who are looking for steady and stable growth over the long run.


"Steady" for MetaTrader4 is here: https://www.mql5.com/en/market/product/56239


There is a private telegram support group and detailed F.A.Q. for verified users only. Please, contact me for an invite link.



WARNING: I sell all my products only via MQL5 website. If you see it somewhere else, be aware of scam.


Recommended pairs

My favourite are EURUSD, EURJPY. You can also try other pairs with more conservative settings


Broker and Leverage

"Steady" is not broker sensitive, you may chose any broker you trust to. The less the spread is, the better.

Recommended leverage is 1:100 and 1:500 is even better.


Recommended TimeFrame

Time Frame of the chart for real live execution does not matter. But, make sure that you have all timeframes data available in history center (F2).

For BACKTESTING IN MT4 the timeframe must be M1. You also should load all available timeframes in MT4. In MT5 any timeframe for backtesting will work.


Settings Description

Base Lot, per every 1000 of Balance - sets the lot. It is calculated as BaseLot*(Balance/1000). So, if you have an Account with 2000USD and Base lot is 0.05, your traded lot will be 0.05*(2000/1000) = 0.1

Recovery Aggression - "Steady" has a built-in recovery algo. It will auto increase the lot after the losing trade to recover the loss. Lott is calculated dynamically. The bigger the recovery aggression parameter is set, the more aggressive lot increase happens. If set to 0, there will be no lot increase and all trades will be performed with Base Lot, as per settings above

Max Lot, times Base Lot - Limits the max lot, which can be used if Smart Recovery is enabled. It is set as a multiplier for base lot. I.e. if it is set as 15 and base lot as per calculations above is 0.1 lots, the Max allowed lot per trade would be 15*0.1=1.5

Spread Filter - allows avoiding trades in high volatility times when broker increases the spread

Hidden Stops - If true, no SL and TP will be sent to broker, but EA will close the trades by itself instead. EA must be up and running at all times in order for this option to work.

Magic Number - unique EA identifier. Should be set different in case when multiple instances of EA are used on the same currency pair.


Buttons Description

No Action - enables / disables "No Action" or Sleep mode, when EA is not taking any trading action. May be useful when you decide to manage trades manually. Also, you can enable No Action after migration to MQL5 VPS, so EA does not attempt to trade on your local PC.


Recommended Setup

Balance : $500 - $5000 

Base Lot, per every 1000 : 0.01-0.03 

Other Settings: defaults

Pairs : EURUSD, EURJPY   


VPS

"Steady" can work on both VPS solution from MQL5 and regular VPS with desktop access


Limitations

1) "Steady" is designed for trading ForEx. It was not tested on metals, shares etc.

2) "Steady" will not work on accounts with overnight positions rollovers (closing and reopening by broker). ALL ACCOUNTS WITH SWAPs ARE OK.



Reviews 9
MKTrading1987
72
MKTrading1987 2020.12.20 22:56 
 

This EA is an absolute recommendation for anyone who wants to make regular and safe profits. A big thank you to the programmer.

Heinz-Josef Glaser
101
Heinz-Josef Glaser 2020.12.15 13:16 
 

Testing and real Trading are very efficient with this EA. TP is mostly 1/3 of SL. The EA has mostly more that 90% good trades and a low DD. Backtests and reales Trading sind vergleichbar gut. Mit einer Trefferquote von ca. 90% und einem Verhältnis von TP/Sl von 1/3 erreicht man dauerhaft gute Gewinne.

137Neha
86
137Neha 2020.11.11 08:59 
 

I would highly recommend this EA. It really does what it says. Simply impressive in last few days testing and real trading. requires low initial balance. Has all the qualities of a set and forget kind of EA.

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Filter:
137Neha
86
137Neha 2020.11.11 08:59 
 

I would highly recommend this EA. It really does what it says. Simply impressive in last few days testing and real trading. requires low initial balance. Has all the qualities of a set and forget kind of EA.

Andrey Barinov
61324
Reply from developer Andrey Barinov 2020.11.11 09:07
Thanks! I really appreciate.
Low Poh Yong
206
Low Poh Yong 2020.11.11 08:51 
 

Highly recommended EA and Andrey is very responsive to your queries. EA has only few parameters and is simply too easy to setup :) and really adaptive to market. Accurate trade entry and quick exit. I am giving SIX stars LOL.

Andrey Barinov
61324
Reply from developer Andrey Barinov 2020.12.08 04:06
Thanks for your kind words!
Heinz-Josef Glaser
101
Heinz-Josef Glaser 2020.12.15 13:16 
 

Testing and real Trading are very efficient with this EA. TP is mostly 1/3 of SL. The EA has mostly more that 90% good trades and a low DD. Backtests and reales Trading sind vergleichbar gut. Mit einer Trefferquote von ca. 90% und einem Verhältnis von TP/Sl von 1/3 erreicht man dauerhaft gute Gewinne.

MKTrading1987
72
MKTrading1987 2020.12.20 22:56 
 

This EA is an absolute recommendation for anyone who wants to make regular and safe profits. A big thank you to the programmer.

bruun
193
bruun 2021.01.20 11:05 
 

The system works well when we are in a trend. As soon as we get into resistance or support zones with larger pull-backs, you get losses. This also applies to trading ranges. Maybe something to improve. Have now made more losses than gains. I hope this comes from the period of the year. At the moment it is difficult to say how good the EA is, the period is too short to say anything sensible about it. The back tests look good, the back tests are the same as the real account. My broker is ICMarkets. For now first 2 stars. As soon as the results improve, I will adjust my review.

2357303
19
2357303 2021.01.20 15:42 
 

The back tests look good, the back tests are the same as the real account.For now first 2 stars. As soon as the results improve, I will adjust my review.

Konstantin Aleksandrov
217
Konstantin Aleksandrov 2021.01.20 23:34 
 

listen. all backtest fake, response fake. real life only lose. TRUE this EA eat all money on your deposit

Hieu Phan
89
Hieu Phan 2021.01.21 00:59 
 

Now, i rate 4 star and will update later This EA is not scam, it follow the trend and look like work in H1 data, buy on dip and sell on rallie. The risk/reward ratio is 3:1 (i know it's normal when you use EA to trade, Ea help us to earn many small profit and not like human trade with 1:1, 1:2 or 1:3) The win rate is about 90% when everything in trend but only 20% when change of trend. As result of some poeple and me, there are no any manipulation in back test, we can see 2020's result is very good because almost this year the trend is Usd down. The beginning of 2021 with many news make it becomming stupid and do many loose in this week. I recommend that we can use it when the main trend is detected. EurUsd is the best pair but you can use in any pair with trend. About recovery system, it's like martignale but most of time effective to recover the lost of precedent order. You can choose to you it or not, if you change recovery agression to 0, so you don't use it. For someone believe that this EA can print money like back test, please consider before buying, it can print only if you follow the market, turn off when there are news. For someone would like to trade manually, this one is good also to help you having a signal and then you decide to use it or not. Last word, i think the price is high :(

YAOHUA WEN
179
YAOHUA WEN 2021.01.21 04:07 
 

Everybody listen to me, do not buy this EA!!! Andrey Barinov is a fraud and a cheat!!!!!

Reply to review
Version 1.3 2020.12.07
* Minor bug fix
Version 1.2 2020.12.05
* Entry logic changed slightly. It is more stable across the board

* Added Hidden Stop option. If true, no SL and TP will be sent to broker, but EA will close the trades by itself instead. EA must be up and running at all times in order for this option to work.

* Current operational status is added to the dashboard. If it says "SOMETHING IS WRONG" it is usually one of 3 things: 1)Autotrading is not allowed either in MetaTrader or for the EA.
2) Trading on this particular pair/symbol is disabled by your broker => check MarketWatch => Right Click on symbol name => Specification.
3) Not enough M1 history data. Steady requires at least 2 weeks of history to function. Check History Center (F2)