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Fortune EA MT5

50 USD

Demo downloaded: 1 181

Published: 24 December 2021

Current version: 15.0

Fortune EA MT5

Name: Fortune EA MT5
Price: 50.00 USD
Rating: 4.714286 (7 reviews)
Author: Conor Stephenson

4.71

Experts
Conor Stephenson
Conor Stephenson
United Kingdom

31560
4.2 (122)
4 products 2 comments
Version: 15.0
Updated: 7 July 2026
Activations: 10

Fortune is a complex algorithm that will analyze and tightly follow trend.

The advisor simultaneously utilizes price action information from all timeframes.

This allows the bot to make astute decisions on current price moves and act accordingly resulting in strong trend following with frequent scalping orders.

Group chat : https://www.mql5.com/en/users/conorstephenson
I am here to help but I do not have set files for you. Check the group or learn to use the optimizer to create your own set files.

Key Features

Easy to use. - Plug and play.
Strong trend following frequent scalping.
Multiple ways to manage and close trades.
Optional AI features. - Adaptive memory + AI news filter.
Optional martingale modes.
Optional hedge function.
Wide Spread & Slippage protection.
Equity limits - EA is able to cut trades at a desired input equity/margin drawdown percent and has functions to hold trading.
Compliant with the FIFO rule.
Optional News filter.
Optional Day/Time Limits.
Optional Dynamic pipstep methods.
Optional Drawdown reduction function.

Recommendations

Pairs - EUR, GBP, AUD, NZD and USD pairs.
Timeframe - 1HR. - Fortune will open more or less orders depending the timeframe it is loaded onto. Smaller timeframes = More orders.
Account - Cent account type using at least $300.
To get the most out of the EA use the strategy testers optimizer to search for set files and use the adaptive learning functionality to create memory files.

---[ FULL USER GUIDE ]---

Input Definitions

Order Comment.- Comment displayed on each trade taken.
Magic Number. - Number the EA uses to associate trades with itself - you only need to change the magic number if you are using the EA on two charts of the same pair, each chart would then need a different magic number.
Show On Chart Comment.- Set true will display information on chart.
Chart Panel Mode. - 'Panel_' - Draws a moveable panel with information on chart. - 'Comment_' - Displays a on chart comment on the left side of the screen.
Panel Text. - Panel text color.
Sell Color. - Panel sell color.
Buy Color. - Panel buy color.
Text Size. - Panel text size.
Draw Line. - True will draw a line at the breakeven point for open trades.
BE Line. - Color used for the breakeven line.
Draw Profit Labels. - True will draw closed profit labels on chart.
Profit Label Mode. - What to display inside the profit lables, currency amount, pips or both.
Profit Labels. - Color used for the profit lables.
MACD1_Fast. - MACD Indicator input 1.
MACD1_Slow. - MACD Indicator input 2.
MACD1_Signal. - MACD Indicator input 3.
RSI_MA.
Stochastic1_K.
Stochastic1_D.
Stochastic1_Slow.
CCI_MA.
Memory_Mode - 'Off' - Fortune will use its default strategy and ignore any memory file. 'Learn' - Fortune will learn from outcomes and build a unique memory file. 'Recall' - Fortune will consider information in its memory file and will block signals that it thinks will be problematic. 'Learn+Recall' - Fortune will learn from outcomes while considering information in its memory file.
Max Spread. - Max spread allowed to open a trade - In pips.
Max Slippage. - Max slippage allowed to open a trade - used for brokers that may require a requote.
Max Lot Size Allowed. - Max lot size allowed to be reached and/or placed.
Max Buy Trades Allowed.
Max Sell Trades Allowed.
Allow Hedge Trades. - True will take and manage opposite direction trade signals while already in an open trade.
Allow Hedge To Close. - Set true will allow the EA to close trades using profit from hedged trades.
Hedge Close Percent. - The percent into profit needed on one side to cover the other.
Alert At Grid Level. - Once the open trade amount reaches the number in the input the EA will send an alert noification through the MT4 mobile app.
Close Trades If Equity Drops Below. - The EA will close all open trades if the accounts floating equity drops below this percent amount of the total account balance. - (Account Balance Percent) - (Active > 0.0)
Only Open Trades Above Free Margin. - The EA will only open new trades when the accounts floating free margin is above this percent amount of the total account balance. - (Account Balance Percent) - (Active > 0.0)
Limit Trade Hours. - True will allow trades from 'Start Hour' until 'Stop Hour' - Trades still open after hours will continue to be managed.
Start Hour. - Hour to allow trades from. When 'Limit Trade Hours' is set true.
Stop Hour. - Hour to stop trades at. When 'Limit Trade Hours' is set true.
Trade Monday.
Trade Tuesday.
Trade Wednesday.
Trade Thursday.
Trade Friday.
Stop Trade Before Weekend. - True will stop the expert from placing trades and close any pending orders from Friday 18:00 until 23:59.
Skip Monday Market Open. - True will stop the expert placing trades on market open until after 03:00 Monday morning.
Trade Saturday.
Trade Sunday.
Auto Money Management. - True will allow the EA to adjust the base lot in accordance with the account balance and the 'Auto Risk Percent' set.
Auto Risk Percent. - (1 == 0.01 per 100USD) - Defines the risk used in the Auto Money Management. 1 being equal to 0.01 lots per 100 in account currency.
Base_Lot. - The first lot size placed. (When Auto Money Management is set false)
Stop Loss. - (Pips)
Take Profit. - (Pips)
Positions Multiplier. (Active>1.0) - Amount to multiply the next series or previous trade by. The function will only work when set above 1.0.
Multiplier Mode. - 'Martingale' will multiply the next set of placed trades by the multiplier and a total loss count. - 'Grid' will multiply each trade in a set by the multiplier and how many trades are opened
PipStep Method. - Method which to space orders by. - (Fixed or dynamically generated)
Dynamic Step TimeFrame. - Timeframe used to time grid orders and also create a dynamically changing pipstep distance.
Pipstep Multiplier. - Amount to multiply the pipstep distance between each trade. - (Multiplies both fixed and dynamic distances)
IF Fixed PipStep. - Fixed pipstep distance.
Martingale Mode Reset. - 'Next_Profit' will reset the loss count after any sized closed profitable trade. 'Full_Recovery' will only reset the loss count when all total calculated loss has been recovered.
Martingale Mode Max Lot To Reset. - Max lot size allowed to be reached before the loss count is reset.
Use Trailing StopLoss. - True will allow the EA to adjust the stop loss as orders move into profit.
Trail Start From. - Pips into profit to start the trailing stop.
Move Trail Stop To. - Once activated move the stop this many pips into profit.
Trail Step. - Adjust the stop loss further into profit when price moves this many pips.
Use Auto Close. - When true the expert will automatically close out trades when the input amount is reached.
AutoClose Mode. - 'Currency_Amount' will make the EA search for a currency amounts worth of floating profit to use the AutoClose function. - 'Account_Percent' will make the expert search for a percent amount of the accounts balance to use the AutoClose function.
Amount/Percent To Close. - How much floating profit to activate the AutoClose function. - (What mode is selected above will determine what value this number has)
Adjust Amount In Accordance with Base Lot. - True will change the 'Amount/Percent To Close' according to the current base lot being used. The default example would be : 0.01 lots = 0.35 , 0.02 lots = 0.70 , 0.03 lots = 1.05 , etc.
Multiply Profit By Open Trades. - True will multiply the 'Amount/Percent To Close' by each opened trade. (Separate amounts used for buy and sell.)
DrawDown Reduction. - Set to true will turn on drawdown reduction. This will look to breakeven on the first placed and latest placed trade in a formed grid in an aim to reduce overall grid size and free up margin.
Reduce After. - Once open trades amount reaches the number in this input the EA will begin the function. - (Separate amounts used for buy and sell.)
Percent To Function. - The EA will take the first placed trade and monitor its floating profit, this input will get a percetnage value of that number. We then need the latest placed trade to cover the negative floating of the first plus this stored percentage amount for the function to work.
News Filter Mode. - 'Standard' - will look to the below input parameters for what and when to avoid. 'AI' - Will use the defined AI provider to fetch relevant news events and continually determine if and how long it should be avoided.
Only Draw Future Lines. - Set true will draw only draw lines in front of the current time.
Filter Low News. - True will stop new trades being placed from the input minuets before a low news event until the input minuets after.
Filter Mild News. - True will stop new trades being placed from the input minuets before a mild news event until the input minuets after.
Filter High News. - True will stop new trades being placed from the input minuets before a high news event until the input minuets after.
Minuets To Stop Trading Before Event. - The specified minuets to stop placing new trades before an event.
Minuets To Stop Trading After Event. - The specified minuets to start placing new trades after an event.
Low Event Line. - Color used for low event lines.
Mild Event Line. - Color used for mild event lines.
High Event Line. - Color used for high event lines.
Market Watch TimeZone. - The GMT offset for your brokers data - (Most brokers are GMT+2)
AI_Provider - 'Anthropic' - Will use Claude to determine news filtering status. 'OpenAI' - Will use ChatGPT to determine news filtering status.

more...

232

schulz2021 2025.01.01 11:48 #

Very interesting and profitable EA. Very fast and good support from the creator. Keep up the good work!

599

René 2024.05.14 23:43 #

Conor is a great EA developer. Always friendly and helpful. Outstanding!

thewilkertrader 2023.10.04 02:05 #

Having great testing results so far

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Straddle is a fully automated Expert Advisor built on a single, disciplined idea: when the market is about to move, be ready on both sides, and let price itself pull the trigger. Developed and hardened by a team of traders whose combined experience spans decades of live gold execution, it distills that hard-won intuition into a defined, repeatable model — one that runs without hesitation, without emotion, and without waiting for permission from the news. It has 204k Lines of Code its huge backt

1 410 USD

No Grid /No Martingale/ No Dca /No rocovery Smart Gold Impulse is now available in a special early launch phase. This is an EA I am currently using with impressive results on my Live Signal account. You can check the current performance through the Ultima live signal results, where Smart Gold Impulse has already shown very strong potential in real market conditions. The same set file used on my Ultima live signal account will be shared only with Smart Gold Impulse buyers. At the same time, thi

129 USD

It is a fully automated Expert Advisor for MetaTrader 5, built specifically for Gold / XAUUSD trading. Its logic is designed around the dynamic nature of the gold market: fast price movements, sharp reversals, and high volatility. The EA helps automate trading in an environment where reaction speed, discipline, and precise position management are especially important. The system is focused on disciplined trade management, fast reaction to market changes, and controlled exits. Its main idea is si

499 USD

LAST 24 HOURS AT 149$ ! Price will go up to 249$ for the next 100 sales, then 499$ being the final price once the main live signal reaches 100% of profits . Logan MT5 isn't your typical Gold Grid EA that blindly opens trade after trade, consuming your margin and putting your capital at unnecessary risk. Instead, it patiently waits for high-probability entry opportunities and uses an intelligent recovery system that combines ATR-based grid spacing with dynamic lot progression . This allows it

149 USD

Scalper speed with sniper entries. Built for Gold. Wave Rider 5.0 is coming - look at the Announcement Lock in the lowest price ever - $349 until the 5.0 release on 17.7.2026 at 17:17 , then $499 for a single week before the regular $599 price kicks in. Check the Live signal or Manual Hybrid scalper combining scalping speed with single position or intelligent recovery for XAUUSD. 4 trading strategies | Triple timeframe confirmation | 3 layers of account protection. Most trades close in under 3

349 USD

Are you ready to power up your Gold trading? Impulse by Starpoint Trading — A five-strategy gold EA that waits for the perfect shot. See Announcement regarding Impulse 2.0 coming 19th July. Main Live Signal (High Risk) Vantage AU: https://www.mql5.com/en/signals/2375861 Live Signal (No Longer Used - see description) : https://www.mql5.com/en/signals/2380200 Impulse is a momentum grid EA built exclusively for XAUUSD. Five independently developed entry strategies hunt for setups; one unified gr

499 USD

Quantum Bitcoin EA : There is no such thing as impossible, it's only a matter of figuring out how to do it! Step into the future of Bitcoin trading with Quantum Bitcoin EA , the latest masterpiece from one of the top MQL5 sellers. Designed for traders who demand performance, precision, and stability, Quantum Bitcoin redefines what's possible in the volatile world of cryptocurrency. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup i

699.99 USD

SixtyNine EA – A Gold Expert Advisor for MetaTrader 5, featuring 6 integrated strategy layers, predefined Stop Loss on every trade, and a clean trading structure without Martingale, Recovery systems, or Grid trading. Public Live Signal: $500 Start, Fixed 0.02 Lot, 500%+ Growth, 20 Weeks Live The public live signal is the central proof point of SixtyNine EA . The account started with a $500 balance , used a fixed 0.02 lot size per trade , and has been active for more than 20 weeks of live tradin

299 USD

Prop Firm Ready! Chiroptera is a non-martingale, non-grid, multi-currency Expert Advisor that operates in the quiet hours of the night. It uses single-placed trades (of all 28 pairs!) with tactically placed Take Profits and Stop Losses, that are continuously adjusted to maximize gains and minimize losses. It keeps track of past and upcoming news reports to ensure impacts are minimized and carefully measures real-time volatility to prevent impacts due to unpredictable geo-political disturbances c

899 USD

UPDATE - ONLY A FEW COPIES LEFT AT CURRENT PRICE! The main goal of this system is long-term live performance without using any risky martingale or grid. VERY LIMITED COPIES AT CURRENT PRICE Final Price $1499 [Live Signal] | [Backtest Results] | [Setup Guide] | [FTMO Results] A Different Approach to Trading Pulse Engine does not use any indicators or specific timeframes. It has a very unique approach that is not used by any other trading system on MQL5. It trades intraday directional patt

599 USD

The XG Gold Robot MT5 is specially designed for Gold. We decided to include this EA in our offering after extensive testing . XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR pairs. XG Gold Robot has been created for all traders who like to Trade in Gold and includes additional a function that displays weekly Gold levels with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on Price Action, Cycle S

2 099 USD

AETHERION PRIME EA Precision Algorithmic Trading for XAUUSD on H1 Public live signal for real-time monitoring: https://www.mql5.com/ru/signals/2381671 Limited Launch Offer The first 7 copies are available for only $259 . Once these copies are sold, the price will increase immediately by $100 — to $359 . This introductory offer is intended for traders who want to join Aetherion Prime EA at the earliest stage and follow the development of the system through a public live signal from the very begi

459 USD

BYRDI. Multi-Asset Mesh Trading Intelligence. Most EAs trade one chart at a time. BYRDI runs a network. Every terminal becomes a node. Each node runs on its own MT5 terminal - its own account, broker, symbol focus, AI model, risk profile, and management style. The mesh connects terminals and brokers into one coordinated system - aware of total exposure, drawdown pressure, and overlapping risk across everything. Forex. Gold. Metals. Indices. Crypto. Oil. One trader. Many markets. One mesh. Start

997.97 USD

Growthamp is a grid expert designed for clients who want to customize their own entry conditions. The expert enters trades using two input custom moving averages and optional stochastic oscillation. It then manages orders into profit using chosen order management & close functions. Group chat : https://www.mql5.com/en/users/conorstephenson I am here to help but I do not have set files for you. Check the group or learn to use the optimizer to create your own set files. Key Features Customizabl

FREE

Fortune is a complex algorithm that will analyze and tightly follow trend. The advisor simultaneously utilizes price action information from all timeframes. This allows the bot to make astute decisions on current price moves and act accordingly resulting in strong trend following with frequent scalping orders. Group chat : https://www.mql5.com/en/users/conorstephenson I am here to help but I do not have set files for you. Check the group or learn to use the optimizer to create your own set fi

50 USD

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232

schulz2021 2025.01.01 11:48 #

Very interesting and profitable EA. Very fast and good support from the creator. Keep up the good work!

599

René 2024.05.14 23:43 #

Conor is a great EA developer. Always friendly and helpful. Outstanding!

31560

Reply from developer Conor Stephenson 2024.05.24 09:12 #

Thank you Rene! I appreciate your comments and you using Fortune, thank you!🍻🤝

thewilkertrader 2023.10.04 02:05 #

Having great testing results so far

58567987 2023.07.07 15:49 #

Only for gamblers and fans of the martingale strategy. With the standard settings it will produce a 25% profit for a couple of months and then all of a sudden it will draw down the equity to zero even with a 1:500 leverage. I have done several back tests, but was not able to find a good set file using a stop loss, that was profitable in the long run, neither was the author able to give me one or any body else in the Telegram group.

151

davidfortin558 2023.06.06 11:42 #

very good results so far. DD always seems to remain low. I am having 1 issue, where it is taking double trades each level in the grid. I'm not sure if this glitch is from the EA or my broker, but I've never had an issue like this. This messes with the FIFO part of the EA.

362

Vahram Manukyan 2023.05.20 22:51 #

Works good. Following Conors recomendatuons.. important not to trade any news day. I have tested it in demo icmarkets. And now live account for a week and it shows pretty awesome results!

31560

Reply from developer Conor Stephenson 2023.05.20 23:35 #

Awesome! I’m glad Fortune is working well for you. I appreciate your review, thank you! 🤝

1037

Olga Snizhko 2023.03.12 17:49 #

Bought for collection. Author has invested a lot of work in this project because five stars.