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Daytrade Pro Algo MT5

4.18

Launch Promo:

  • Limited number of copies available at current price
  • Final price: 990$
  • NEW: get 1 EA for free! (for 2 trade accounts)
Ultimate Combo Deal -> click here

LIVE RESULTS: https://www.mql5.com/en/signals/1949810

JOIN PUBLIC GROUP: Click here

Set Files


Welcome to DayTrade Pro Algo!  After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs:

  • It is broker independent
  • It is spread independent
  • It shows very stable backtestests using real variable spread tests with ease, on MT4,MT5, TDS2, and on multiple brokers
  • Hundreds of different settings all give profitable results in testing (but ofcourse I selected the best ones!)
  • Very robust system -> settings are interchangeable, so running EURUSD with settings from USDJPY will still be profitable.  
  • Runs already on 13 pairs: EURUSD;GBPUSD;USDJPY;AUDUSD;XAUUSD;GBPJPY;USDCAD;EURJPY;EURNZD;EURAUD;NZDUSD;AUDJPY;CHFJPY;


This EA trades price action around major daily support and resistance levels.  Price tends to be "sucked" into these highs and lows, and thus there are profits to be made at those zones.

This algorithm uses a SL and TP on each trade, and also uses a trailing stoploss to maximize profitable trades, and minimize the losing trades.  

It will trade about 10 trades per week.  


How to run the EA:

Simply open a EURUSD Daily chart, enable the "OneChartSetup" in the parameters and set your lotsize.

I recommend using the "Max Risk Per Pair" for Lotsize Calculation Method.

For low risk, I recommend using Max Risk Per Pair = 3

For Medium risk, I recommend using Max Risk Per Pair = 7

For High Risk, I recommend using Max Risk Per Pair = 15


How to backtest the EA:

Run on EURUSD Daily, and enable the "OneChartSetup" in the parameters.

Use "1minute OHLC" for tickquality.  The EA doesn't need "every tick" to get reliable backtest results, because of the nature of how the EA manages trades.

Ofcourse you can check yourself to see that the difference with "every tick" is minimal.


Recommended minimum balance: 400$


Parameter overview:

ShowInfoPanel: enable the infopanel on the chart
Adjustment of infopanel size: for high-resolution screens you can increase the size of the infopanel here
update infopanel during testing: recommended to disable for faster backtesting
UseOneChartSetup: enable running all pairs from a single chart
OneChartSetup -> pairs to run: set all the pairs you want to run
Use Virtual Expiration: enable if your broker doesn't allow expiration date on pending orders
Magicnumber
comment for trades: the comment to be used on your trades
Lotsize Calculation method: choose either fixed lotsize (startlots) or automatic lotsize (using lotsizeStep)
Startlots: the manual fixed lotsize you want to run
LotsizeStep: the stepsize for lotsize increments (so LotsizeStep=500 means 0.01lots for each 500$ in the account)
Use Equity instead of Balance: which to use for lotsize calculations
OnlyUp: this will prevent lotsize decreasing after losses (for faster recovery)


    I just had to add this text as well after seeing a strange trend occur amongst sellers on MQL5.  Here is a fair insight:

    This EA does not use ChatGPT, neural networks that mimic the human brain, AI from Mars Space Shuttle, or anything else of the many fake descriptions sellers are putting on their EA's product page. 

    Be smart, don't fall for the holy grail traps.  There are no such things.

    Trading bots don't make profits in straight lines either.  So backtests without losses are manipulated 100%.

    I develop real trading strategies, which will make a loss as well during some periods.  I'm honest about what I develop and sell, and I am not trying to trick you.



    Reviews 12
    Dominic
    169
    Dominic 2024.03.08 18:13 
     

    I have Daytrade Pro Algo for my MT4 and MT5 account and it is a very reliable system to increase the account balance in a safe way. It works with fixed stop loss and take profit and does not use a strategy that destroys the account. I use Daytrade Pro Algo together with Gold Trade Pro and Gold Reaper, which are all from the same developer. The developer (Wim) does a great job and he knows what he is doing. His support is great and I have 100% confidence in his work.

    Daniil Shchukin
    1061
    Daniil Shchukin 2024.02.04 14:39 
     

    Highly recommend this EA! Wim is very good developer! Don’t see what some months have a minus, in one year you will be in plus. The review same as on GTP EA, because they have a similar strategy.

    Gravity Tool
    52
    Gravity Tool 2023.12.11 19:24 
     

    This EA is amazing. I can highly recommend it. Of course it has some drawbacks from time to time, but in the long term great. Many parameters to adjust strategy but also easy to handle and to understand. Also, Wim is very supportive, he replies very promt to all questions, and he answers them very competent. Overall absolutely great. If this EA would have a parameter "Risk per Trade" as e.g. the Gold Trade Pro EA I would give 6 stars. :)

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    Filter:
    David Anthony Waddington
    810
    David Anthony Waddington 2024.03.26 12:01 
     

    User didn't leave any comment to the rating

    Dominic
    169
    Dominic 2024.03.08 18:13 
     

    I have Daytrade Pro Algo for my MT4 and MT5 account and it is a very reliable system to increase the account balance in a safe way. It works with fixed stop loss and take profit and does not use a strategy that destroys the account. I use Daytrade Pro Algo together with Gold Trade Pro and Gold Reaper, which are all from the same developer. The developer (Wim) does a great job and he knows what he is doing. His support is great and I have 100% confidence in his work.

    Profalgo Limited
    65359
    Reply from developer Wim Schrynemakers 2024.03.08 18:14
    Thx again mate!
    Daniil Shchukin
    1061
    Daniil Shchukin 2024.02.04 14:39 
     

    Highly recommend this EA! Wim is very good developer! Don’t see what some months have a minus, in one year you will be in plus. The review same as on GTP EA, because they have a similar strategy.

    kukulcan94
    277
    kukulcan94 2024.02.02 16:18 
     

    Bad EA, bad person.This EA is a scam and will only lead to huge losses. I once joined the author's group and was kicked out by him just because I made a few criticisms about his EA. But the fact is the fact, this EA cannot guarantee profit.

    Gravity Tool
    52
    Gravity Tool 2023.12.11 19:24 
     

    This EA is amazing. I can highly recommend it. Of course it has some drawbacks from time to time, but in the long term great. Many parameters to adjust strategy but also easy to handle and to understand. Also, Wim is very supportive, he replies very promt to all questions, and he answers them very competent. Overall absolutely great. If this EA would have a parameter "Risk per Trade" as e.g. the Gold Trade Pro EA I would give 6 stars. :)

    Wei Lun Lim
    271
    Wei Lun Lim 2023.10.08 07:53 
     

    Author has been extremely quick to respond and backtest so far looks very good, it is also diversified with a focus on good risk management and good risk reward. Will update the review again once im live for a few more weeks. But so far, very recommended!

    Ck.
    1041
    Ck. 2023.10.01 17:26 
     

    The author is attentive, support and responses.

    Wolfgang Zaunschirm
    1335
    Wolfgang Zaunschirm 2023.07.15 13:53 
     

    In letzter Zeit entwickelt sich Daytrade Pro sehr gut. Letzte Woche waren aussergewöhnliche Gewinne dabei. Wim ist echter Profi, antwortet schnell und kompetent und hilft bei allem. Es gehört zwar nicht hierher, aber ich bin mit den anderen Produkten, die ich von Wim gekauft habe (Gecko, Luna, RedHawk, Starlight, Apex, Advanced Scalper) auch sehr zufrieden. Wer starken Nervenkitzel sucht, ist hier falsch (ausser Apex), aber stetige, stabile Langzeitgewinne sind auch etwas Wunderbares. Vielen Dank und schöne Trades. Wolfgang

    14.9.2023: Ein wunderbarer EA; Wim, wirklich super Ergebnisse am Live Account!!

    Victor Minaev
    2298
    Victor Minaev 2023.07.06 15:17 
     

    Советник показывает отличные результаты, как в тесте, так и на реальном счете.

    GOEXPERT
    1280
    GOEXPERT 2023.06.09 20:08 
     

    The Ea has a good performence in long therm

    Martin Rasmussen
    209
    Martin Rasmussen 2023.06.06 22:43 
     

    In simulation it is amazing. Live it has been consistant so far ( 1 month) with small wins and bigger losses to form a downwards trendline. Not what I expected, but then again I saw it in many other experts advisors. If it starts to perform better, then I will be back (with a better grade), but for now I am out.

    Profalgo Limited
    65359
    Reply from developer Wim Schrynemakers 2024.06.06 14:36
    I would like to review your review. Live results are great so far: https://www.mql5.com/en/signals/1949810?source=Site+Signals+My Update 06/2024: Tried to contact the user. no reply. I don't think he's on MQL5 anymore. This is a clear example of people who have no clue about trading and give a negative review after a few losses... Shame, because the EA has been going up ever since his review. Take time to learn about trading. don't believe trading can be only wins. Don't judge an EA by a few losses
    sherbird
    575
    sherbird 2023.05.20 03:22 
     

    I love this EA's strategy. Highly recommended. I will not respond to any messages. Thank you.

    Reply to review
    Version 2.70 2024.05.14
    added options to make trade entries and exits more unique.

    There are seperate parameters available for adding/subtracting X number of pips to the Entry, SL, TP, TrailingSL and TrailingTP values.
    This way, you can make your own unique trades, which will further prevent prop firms from flagging you for copy trading
    IMPORTANT: do not just run some new values live, without testing those values first in a backtest!
    Version 2.62 2024.04.10
    fixed minor issues with EURJPY and EURAUD when using Randomization
    Version 2.61 2024.03.25
    fixed infopanel bug
    Version 2.60 2024.03.25
    fixed lotsize bug in infopanel
    Version 2.50 2024.03.17
    - improved Max Daily Drawdown algorithm
    Version 2.40 2024.03.14
    -Improved GBPUSD

    - Added new lotsize calculation method: Max allowed DD per pair -> this will force the EA to run all pairs with the same risk, based on the historical max DD.

    Some pairs had lower historical max drawdown as other pairs. but setting the same risk to each pair, they will run at different lotsize each, so that all pairs have the same historical max risk.
    This will give a more distributed risk for all pairs

    You can enable it by setting the "lotsize calculation method" to "Risk Based on pair's Max Historical DD", and then setting the max risk per pair in the parameter "max risk per pair".
    Version 2.10 2024.03.01
    - improved algo to put out less messages in journal (to prevent "hyperactivity" for some brokers)
    Version 2.0 2024.01.23
    re-optimized GBPJPY, AUDUSD, EURNZD and AUDJPY to increase longterm stability
    Version 1.60 2023.11.17
    improved Daily Max Drawdown algo
    added option to close trades for the weekend (for certain prop firms)
    Version 1.50 2023.11.06
    added option to randomize the entries and exits a bit. This could be usefull when many people are using the EA on the same prop firm, to prevent to get banned
    A good value would be between 1 and 5 max

    Also added option to set Max Daily Drawdown (also for prop firms)
    Version 1.4 2023.10.26
    added option to disable margin check for BTC accounts
    Version 1.3 2023.05.11
    fix settings for brokers that use GOLD instead of XAUUSD
    Version 1.2 2023.05.03
    added option to set maximum number of open trades per pair
    Version 1.1 2023.05.02
    removed "max number of trades" parameter, as it had no fuction