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SIEA Pro

4.78

Get more information, like FAQs, backtest reports and tips for the right DST/GMT settings in our SIEA FAQ

Send a screenshot of your purchase, and you'll get the set files for SIEA ZEN and SIEA MAXSo you'll have 3 SIEAs in 1.

    The keys to success
     in trading Forex are discipline, patience and a clear edge, as we have with our unique real trading volume analysis.

    That's our experience of 10 years of trading Forex, and all these key factors are summarized in the Stein Investments Expert Advisor (SIEA) series.

    SIEA PRO provides a balanced risk-reward ratio and survives all market circumstances easily - even the most critical ones like Corona, Brexit, etc.
    You can run it like SIEA ZEN or SIEA MAX, and you're free to configure it like a professional trader to adjust it fully to your account. That's why we named it PRO.


    TRADING STYLE

    SIEA PRO trades all 28 trading pairs based on the 8 major currencies USD, CAD, EUR, CHF, GBP, AUD, NZD, and JPY.
    Our unique real trading volume analysis determines market imbalance and how intense they are to spot reverse entry opportunities.

    You can keep the positions or cut them regularly. You can also decide which pairs to trade and which not. You are free to configure SIEA PRO however you like.


    NEWS HANDLING

    SIEA PRO comes with a built-in news filter you can configure based on the News title.
    By default, we filter all the central bank news events as we do with SIEA ZEN and MAX.

    SPREAD and SWAP HANDLING

    SIEA PRO offers dedicated parameters to filter high spread and high swap trades out.
    The differences from broker to broker are really huge in that regard and they offer you the opportunity to determine which specifications run best on your account.


    RISK MANAGEMENT

    SIEA PRO use bulletproof global risk management that survived all difficult market situations of the past years like Brexit and Corona and even the SNB event back in 2015.
    We achieve that by using just one risk/drawdown limit for the entire trading system instead of individual stops per trade, which protects us from any flash crash scenario.

    Nonetheless, SIEA PRO offers a wide range of parameters to adjust these risk settings in detail. By default, SIEA PRO runs with our recommended settings.


    The SIEA series 

    SIEA ZEN - the "peace of mind" version with great profits and low drawdowns, ideal for everyone, beginners and pros
    SIEA MAX - the advanced version with higher profits but longer floating drawdown periods, ideal for experienced traders
    SIEA PRO - the fully customizable SIEA version to create the most suitable setup yourself, ideal for professional traders


    TECHNICAL REQUIREMENTS 

    1. Please add the following URLs to the list of allowed URLs in your terminal properties

        - for the volume data it's https://stein.investments
        - for the news module its https://nfs.faireconomy.media

    2. Install SI Connect MT5 and run it on one separate chart in the background of your terminal
    -   it's a pure data handler that downloads all relevant information from our data centre automatically

    3. Run SIEA PRO on just one chart, it's a multi-symbol EA that handles all trades out of just one chart

    4. A VPS is clearly recommended. Contact us if you need a cheap and reliable VPS provider.


    All SIEA PRO parameters are explained in this detailed parameter description.

    Reviews 13
    Robert Torres Jr
    1289
    Robert Torres Jr 2022.06.15 07:03 
     

    I am beyond impressed with the pre-purchase support that I have received thus far from Daniel. I've reviewed the telegram groups and I bought the Lighthouse, Powerplay Trade Manager, SIEA Pro, FX Power, FX Trend, and FX Volume (Did I miss any necessary tool?) I am excited to start learning to trade according to this strategy. I'll give more feedback as I start my trading journey with the Stein Investment Group of Traders.

    Thomas Czichowsky
    70
    Thomas Czichowsky 2022.03.17 18:29 
     

    This is my first review I am writing about an EA. I have tried several and can say that SIEA Pro is the best I have used so far. Using it since October 2021 the EA made in diferent configurations on three accounts between 20% and 60% profit. So it paid off the initial invenstment in approx. 4 months. What I like: - you actually have three EAs (I am using Max and Pro configuration; Max and Pro on the same account) - low DD and good risk management - high rate of profit trades (only 1 out of approx. 20 trades is a loss) - EA as well perfoms very well in non-standard situations (war in Ukraine, Fed interest rate changes) - great support in Telegram channel with detailed instructions on the setup and echange Thanks a lot Daniel and Alain for this EA. Great work! I would give this EA 6 stars out of 5 if possible. Please keep up your efforts for this EA.

    Savell Martin
    961
    Savell Martin 2022.02.09 16:27 
     

    Loving SIEA Pro. It acts like a real trader, with how it trades. Its not going to give you 100% in a few months, but it will keep your account safe and give you more than ANY Bank out there.

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    Filter:
    Robert Torres Jr
    1289
    Robert Torres Jr 2022.06.15 07:03 
     

    I am beyond impressed with the pre-purchase support that I have received thus far from Daniel. I've reviewed the telegram groups and I bought the Lighthouse, Powerplay Trade Manager, SIEA Pro, FX Power, FX Trend, and FX Volume (Did I miss any necessary tool?) I am excited to start learning to trade according to this strategy. I'll give more feedback as I start my trading journey with the Stein Investment Group of Traders.

    Daniel Stein
    114671
    Reply from developer Daniel Stein 2022.06.16 09:22
    Thanks a lot for your positive feedback Robert. I'm sure you'll like SIEA as well as trading manually with our tools following the tips and strategies shared in our community. All the best and see you in the group chats 👍
    Benno
    241
    Benno 2022.05.15 09:12 
     

    I purchased the Pro EA version in June 2021 whilst there are a lot of good things about this EA there are a lot of not so good things. Have given this EA 3 stars which I believe is a fair assessment as there is definitely room for improvement.

    Thomas Czichowsky
    70
    Thomas Czichowsky 2022.03.17 18:29 
     

    This is my first review I am writing about an EA. I have tried several and can say that SIEA Pro is the best I have used so far. Using it since October 2021 the EA made in diferent configurations on three accounts between 20% and 60% profit. So it paid off the initial invenstment in approx. 4 months. What I like: - you actually have three EAs (I am using Max and Pro configuration; Max and Pro on the same account) - low DD and good risk management - high rate of profit trades (only 1 out of approx. 20 trades is a loss) - EA as well perfoms very well in non-standard situations (war in Ukraine, Fed interest rate changes) - great support in Telegram channel with detailed instructions on the setup and echange Thanks a lot Daniel and Alain for this EA. Great work! I would give this EA 6 stars out of 5 if possible. Please keep up your efforts for this EA.

    Daniel Stein
    114671
    Reply from developer Daniel Stein 2022.03.17 18:53
    Dear Thomas, thanks a lot for your fantastic review. 🙏
    Savell Martin
    961
    Savell Martin 2022.02.09 16:27 
     

    Loving SIEA Pro. It acts like a real trader, with how it trades. Its not going to give you 100% in a few months, but it will keep your account safe and give you more than ANY Bank out there.

    Daniel Stein
    114671
    Reply from developer Daniel Stein 2022.02.10 09:56
    Dear Martin, thanks a lot for your positive feedback. We're glad you love it as we do. 😊
    Platz
    119
    Platz 2022.01.14 23:02 
     

    I would like to start my review with a summarizing conclusion: From my point of view, this EA is not one of the best EAs offered here – SIEA is the best EA! The SIEA‘s underlying paradigm following a very simple rule of tumb: „set and forget“. Drop the ea on a chart, use the default settings, already optimized by the authors, and let him do the job on 28 currency pairs. The EA has three modes corresponding to SIEA MAX, ZEN and PRO. Next to those modes, you can define parameters in order to configure the PRO Version in your way. If you are expecting to buy an EA working likewise a machine gun, you will be disappointed for sure. Instead of opening trades every minute, SIEA is highly selective in opening trades – but those trades run into profit with a very high probability. Briefly, since I activated SIEA, an impressive amount of opened positions ran into significant (!) profit. The EA has a dynamic position management, a very sophisticated risk management preventing your account running to sero and a great news filter. If SIEA finds several entries in a currency pair according to its rules (max. 3 trades per symbol), the TP of every trade will be adapted, so that the whole position runs in profit, even if one or two trades were not in the green zone of success. As I said earlier, you will not get a machine gun, but you get an EA in which your broker‘s swap and comission fees were also considered before a position will be opened, increasing the probability not only of a successful but also of a profitable trade. One thing you have to learn is patience. Be patient and disciplined! Sometimes positions opened by SIEA might run several days and weeks, sometimes only one day until they were closed. To sum up: Set and forget! You can sleep very well while this EA is making his job and earning money for you. If you think, you‘ll become a millionaire in one night with SIEA, you‘re wrong. SIEA works with an optimal risk-reward-ratio resulting in a constant monthly growth (see the myfxbook stat. of the EA). If you think that this EA might be too expensive, than you‘re also wrong. This EA of highest quality is worth its price – in my case the profit within the short term of no more than 6 months was higher than the purchase price. Lastly, along with this EA you have the possibility to contact Daniel Stein – a professional, very polite and extremely supportive expert – and to Alain Verleyen, a well known professional mql5-programmer of highest expertise. They both respond as fast as possible to any question and give support whenever you need support. With this product you are also invited to participate in a forum with members of all levels of trading expertise using tools offered by D. Stein – a valuable place for exchanging new trading ideas and strategies with Stein‘s tools. I am extremely glad to have made the decision to purchase the EA and have not regretted my decision until today. I am also very grateful to have this EA with his impressive risk-reward ratio. Thanks to Daniel Stein and Alain Verleyen for the best EA offered here on MQL.

    Daniel Stein
    114671
    Reply from developer Daniel Stein 2022.01.15 12:12
    Dear Platz, thank you very much for this outstanding feedback. We're really happy about your detailed review that clarifies what our users can expect from SIEA. 👍
    Patrick
    260
    Patrick 2021.12.03 15:12 
     

    First of all, I must say that I am glad I have found Daniel's tools and the Telegram group here at MQL. I have tried many things in forex trading in the past and have learned a lot in the last 3.5 years. I have tried Daniels tools for manual trading and got a lot of know how from the Telegram group. I was always fascinated with how much energy and love Daniel and Alain provide support here. Professional help and timely answers I would like to emphasize here again. I did not think twice about buying SIEA Pro out of complete trust. I must say that I do not regret it! The integration of volume data is a unique feature and increases the quality of trading decisions of the Expert Advisor very much. And yes you have to remember that backtest results are not the same as live results. But here they are very close. I have also invested a lot of time to find a broker that fits SIEA's trading style. SIEA Pro is now the only Expert Advisor I have active. For the quality that is delivered here, the price is completely appropriate and I look forward to the future developments of the EA.

    Daniel Stein
    114671
    Reply from developer Daniel Stein 2021.12.03 16:30
    What a wonderful feedback. Thank you very much Patrick 🙏
    axel.b
    817
    axel.b 2021.09.09 16:27 
     

    Es fällt mir schwer, ein Review hier auf MQL5 zu schreiben. Der Grund ist, dass ich damit auch MQL pushe, obwohl die es wirklich nicht verdienen. Seit Jahren tummeln sich hier immer mehr Scammer und Gauner mit Fake EAs deren EAs mit Fake Reviews gepusht werden. Ich schätze den Anteil an Scam EAs hier auf MQL5 auf über 90% - Tendenz steigend. Der Grund warum ich trotzdem ein Review schreibe, ist der Umstand, dass es auch ne Handvoll richtig guter EAs hier gibt, von Leuten die nicht das schnelle Abzocken im Auge haben, sondern der Community einen wirklichen Mehrwert geben. Ich schätze Daniel schon seit Jahren für seine ehrliche, aufrichtige Arbeit, bislang ja hauptsächlich im Bereich manuellem Trading. Aber schon da hat er eindrucksvoll bewiesen und vorgezeigt wie Trading funktioniert bzw. auch, wie viel Arbeit dahinter steckt. SIEA Pro gehört für mich zu den Top 3 EAs auf dem Markt. Nach wirklich umfangreichen Backtest und 3 Monaten Live Forward Trading auf einem Real Account vergebe ich 5 Sterne. Dieser EA empfiehlt sich für jeden der etwas langfristiges sucht, für all jene denen 3 stressfreie Prozent pro Monat reichen.

    Daniel Stein
    114671
    Reply from developer Daniel Stein 2021.09.09 18:43
    Dear Axel, thanks a million for your sensational review. 🙏
    TWhunter74
    73
    TWhunter74 2021.08.04 09:21 
     

    For a long time i searched for an EA, that is trading multiple FX-Pairs. This one trades 28. And i am also really happy, that this EA uses Volume-Information too. Because i'm using the other products of Daniel Stein i knew instantly when the EA's came out: They have to be great. Well: in every new product you have some bugs...but Daniel and Alain fixed everything in these two months immediately. Thats what i call Great Support! (First i started with Renting "ZEN" ... and afterwards i bought PRO (Lifetime Version) - and i definitely would do it again) A 2 Months period is too short for an EA to say that it's receiving constant profits, but the first two months are each in profit (for me altogether nearly 5%). No unrealistic promises - just real and profitabel Algo-Trading. Some additional information: Because of some really great differences between brokers (not in Profit but in "which positions are opened at which broker"), i also had really great support from Daniel). He and Alain tested the differences especially with the Spread-Filter between the Brokers - in the end i recogniced, that my broker is a bit too expensive for this EA. (again not because of the Profit, but because the EA wouldn't use all of the opportunities / all of the FX-Pairs...and i wanted this diversification). Thats why i changed my broker - an i'm really grateful about the help of Daniel and Alain to figure out the differences. --> In my opinion: Set and forget - Great EA!

    Daniel Stein
    114671
    Reply from developer Daniel Stein 2021.08.04 10:38
    Dear TWhunter74, thanks a lot for your outstanding detailed review. 🙏 We're pleased to satisfy our customers in all aspects.
    nehemija
    300
    nehemija 2021.07.24 00:31 
     

    Without any doubt this is one of the rare EAs where you can set it and forget. Leave it with recommending settings, relax and look at the end of month how your account grow. No promise of unrealistic profit here but if you want steady profit with low DD look no more for another EA. Congratulation to the autor for the great job.

    Edit 2021.01.12

    After more than 6 months of using EA the only thing I can say is that SIEA is the only EA you need. Great time to enter the market, even better for exit. Risk that does not jeopardize your capital, at the same time great gains. I use all three settings on 5 accounts. All standard settings, without any modifications. Don’t waste your time looking for better EA. Not on MQL5. Just take SIEA, any version.

    Guys you deserve five more stars. Thanks Alan and Daniel you did a great job.

    Daniel Stein
    114671
    Reply from developer Daniel Stein 2021.07.24 00:58
    Dear nehemija, thanks a lot for your wonderful review. It's highly appreciated and we're happy SIEA PRO suits you perfectly. Thanks again and all the best Daniel
    adelsaqqa
    303
    adelsaqqa 2021.07.21 09:05 
     

    Lets start with the team that developed this brilliant EA and congratulate them for coming up with this genuine and solid piece, it's a home run for sure. These guys are professional , experienced and trustworthy. This is an EA that actually "trades" properly. I can easily say I've seen nothing like it and I have been trading for 15+ years now. This EA trades safely and selectively . It's NOT going to double your account every 2 days like you would like , but will surely grow the account steadily . Best of luck Daniel and keep rocking 🤘😎🤘

    Daniel Stein
    114671
    Reply from developer Daniel Stein 2021.07.21 09:54
    Dear Adel, thanks a lot for your amazing review. We're pleased about such compliments from an experienced trader, and we do our best to keep all of you constantly satisfied.
    Thanks again and all the best Daniel
    wj7809
    213
    wj7809 2021.07.12 00:50 
     

    We must support a good developer like Daniel Stein, genuine and honest about your product, this is obviously not a EA makes you a millionaire overnight, but with this edge, everyone can truely grow their live account. The reason I’m saying this is because I’m testing several so called “3% -5% daily EAs” right now and all of them are in large DD this week 05/07/2021 - 09/07/2021 (DEMOS) But SIEA PRO (Live account) pulled one trade, only one trade and banked 200 pips in and out. Precise TP level and low DD. Everyone should stop dreaming about those fantasy 1% -3% daily EA, it does not exists! Even if it does you won’t be afford to use it! If someone telling you they have it it’s total BS! They beat Jeff Bezos’ wealth in months time why so they bother selling it to you? Wake up everyone! Buy SIEA Pro while you can still afford it 😊 Please keep up the good work guys, looking forward receiving yours ongoing support and updates continuously.

    Daniel Stein
    114671
    Reply from developer Daniel Stein 2021.07.13 09:30
    Dear wj7809, thanks a lot for your great feedback and support. 🙏
    Qtmt4
    1238
    Qtmt4 2021.06.29 11:18 
     

    User didn't leave any comment to the rating

    Daniel Stein
    114671
    Reply from developer Daniel Stein 2021.06.30 21:55
    Dear Qtmt4, thanks a lot for your motivating review and trust in our work. 👍
    Chris M
    117
    Chris M 2021.06.24 22:59 
     

    Possibly the best thing since air was a tool to breathe.🤷‍♂️

    Daniel Stein
    114671
    Reply from developer Daniel Stein 2021.06.25 08:59
    Dear Chris, thanks a lot for your great feedback. 👍 SIEA Pro will do its best to get the fifth star as well.
    Reply to review
    Version 2.14 2022.04.08
    Fixed bug on CloseOldest when ADD or CDD limit is reached

    Added detection of Magic Number changes when positions are open to avoid leaving trades unmanaged by an accidental change of the Magic Number.
    Version 2.0 2022.02.18
    New settings for professional PROP traders in a separate section

    Strategical update for SIEA ZEN providing a significant performance boost

    New exit parameter

    General improvements and minor bugfixes
    Version 1.73 2022.01.23
    Trailing stop is now working independently of the time filter.
    Version 1.70 2022.01.06
    Fixed MT4 backtest "symbol not found" error.

    Fixed bug on trade close (ZEN, 27th of month in February when this day is a Saturday).
    Version 1.69 2021.12.29
    Fixed wrong comparison price used on BUY trailing (bid instead of ask)

    Improved debug information to investigate rarely appearing memory issue

    Improved panel information message

    Improved time filter
    Version 1.64 2021.11.22
    Fixed issue in version 1.63 using the wrong version of some library
    Version 1.63 2021.11.22
    Fixed market open detection
    Version 1.61 2021.11.07
    Improved communication with SI Connect

    Fixed backtest issue at the weekends
    Version 1.60 2021.11.02
    Fixed "zero trade" bug at the very first backtest when the volume data isn't fully downloaded yet
    Version 1.59 2021.10.29
    Fixed symbol suffix issue

    Improved wrong symbol inputs processing

    Improved "Leverage too low" logging

    Added management of missing direct conversion symbols

    Improve error processing

    Improve news indicator management
    Version 1.56 2021.10.21
    Fixed Take Profit update after EA restart

    Fixed Breakeven Trigger not updated after EA restart

    Security: Improved checking correct levels are used
    Version 1.54 2021.10.05
    Fixed symbol DD calculation

    Fixed symbol's leverage update

    Fixed "invalid pointer access"
    Version 1.48 2021.09.03
    Fixed TP bug on additional trades - missing TPs will be set automatically.

    We also added a filter to check and consider the leverage of the triggered currency pair before entering a trade - this was necessary because some brokers change/increase the margin requirements for specific currencies ahead of possible critical market events.
    Version 1.44 2021.08.15
    Fixed filter for outdated signals
    Version 1.43 2021.08.15
    Improved timing and data handling on the first start in case of not yet fully downloaded data files.
    Version 1.42 2021.08.13
    Added new Money Management options: Lot size based on lowest value between Balance/Equity

    Added time checking on ticks as a security measure (mql5 VPS issue)

    Added Strategy name in the SIEA panel on the chart

    Improved logging for easier debugging
    Version 1.40 2021.07.24
    Added a new trade exit option

    Improved handling of levels data

    Refined money management - choose between Balance and Equity as preferred calculation basis

    Corrected URL in the message that pops up in case the URL is not yet allowed
    Version 1.33 2021.07.18
    Fixed bug on the first start (stuck on "Waiting data...").

    Fixed bug when SI Connect is started AFTER SIEA (stuck on MISSING SI Connect).

    Fixed bug on profit calculation when there are further deposits/withdrawals after the SIEA is running.

    Added special logging when SIEA used on MQL VPS

    Added weekdays as trading parameters and filter

    Renamed parameter "Trade comment" to "Strategy name"
    Version 1.31 2021.06.28
    Optimized handling of "close trade" operations in case the broker returns no price quotes.

    Fixed minor bug when using fixed lot sizes.
    Version 1.29 2021.06.26
    Updated news filter URL - please add https://nfs.faireconomy.media to the list of allowed URLs