Pew Pew MT5

Pew Pew is an advanced mean reversion Expert Advisor with a predictive grid recovery system designed to adapt to real market conditions.

Developed through extensive coding, testing, and refinement, it uses thousands of lines of structured logic to adjust recovery behaviour according to volatility, news impact, and changing price action.

The result is a more professional and flexible approach to automated recovery with the ability to hide SP/TP from your broker.

Optimized for AUDCAD, AUDNZD, and NZDCAD. Other suitable symbols may also be tested.

Timeframe: M15

Features:

·       One-Chart Setup: Trade all configured symbols from one chart.

·       Multi-Symbol Support: Use a comma-separated symbol list.

·       Single-Symbol Mode: Trade one selected pair if preferred.

·       Easy News Setup: Simple news feed setup instructions included.

·       Automatic News Timing: News times adjust automatically, with optional user offset.

·       Hidden SL/TP Option: Manage SL and TP internally if required.

·       10-Year Backtest: Tested using Dukascopy real tick data.

·       Competitive Pricing: Strong value compared to similar advanced EAs.

How to Install

• Attach the EA to one M15 chart only. AUDCAD M15 is recommended.
• The EA can manage all configured symbols from this single chart.
• Required symbols should load automatically into Market Watch. If not, manually add the intended trading symbols.
• If your broker uses a symbol suffix, for example AUDCAD.a, update the symbol names in the EA Symbol input.
• Use the recommended pairs: AUDCAD, AUDNZD, and NZDCAD.
• No .set files are required. The recommended settings are already built into the EA.
• For the news filter and automatic time detection to work, allow WebRequest access in MT5.

To add the news URL in MT5:

1. Go to Tools → Options → Expert Advisors.
2. Tick Allow WebRequest for listed URL.
3. Click Add and enter:
   nfs.faireconomy.media
4. Click OK and restart the EA if required.

Requirements

·       A hedging account is required.

·       A reliable ECN broker is recommended for better execution conditions.

·       The EA should run continuously on a VPS for stable operation.

·       Adequate free margin is important, especially when using grid recovery.

·       A healthy account balance is recommended where possible, as this provides more room for recovery and helps reduce the risk of margin pressure.

·       Lower leverage accounts should use conservative risk settings, while higher leverage accounts may allow more flexibility depending on broker conditions and user risk preference.

Strategy

Pew Pew uses RSI-based mean reversion logic to identify potential reversal entries. If price moves against the trade, the EA activates a predictive grid recovery system that adjusts according to volatility, news conditions, and market behaviour.

Tired of being stop hunted ?

Hidden SL/TP options are also available for users who prefer to manage protective levels internally.

A properly funded account is recommended to maintain sufficient free margin during recovery.

Chart Panel

Pew Pew includes an on-chart panel for professional monitoring and runtime control. The panel displays key information such as trading status, account equity, EA profit/loss, margin status, drawdown, upcoming news, and active grid activity. It also provides controls for pausing or resuming trading, enabling or disabling the news filter, viewing news events, minimizing the panel, and removing the EA. Users can choose between an animated spaceship-style panel background, a static background colour, or disable the panel completely.

Disclaimer

Always test on a demo account before live use. Trading involves risk, and past results do not guarantee future performance. Use responsible risk settings and ensure sufficient free margin at all times.