Cora

CORA Multi-Strategy EA

Three independent strategies, one disciplined framework

CORA runs three separate price-action strategies: Continuation, Reversal and Pullback. Each has its own switch, its own filters and its own settings, and each can be enabled on its own. Bollinger Band context is built into the logic for trend alignment, reversal zones and exits.

Multi-timeframe, fully independent

Add a custom list of timeframes (for example M1, M5, M15) and CORA trades each one separately. Signals, open trades, loss limits and exits on one timeframe never affect another.

Automatic session and market-time filters, with no manual time setup

• Asian, London and New York windows are calculated automatically, including daylight-saving changes. The EA detects your broker’s time offset itself.
• Trading starts one hour after each session opens and stops one hour before it closes. The buffers are adjustable.
• The market-hours filter reads the symbol’s own trading sessions from your broker. It avoids the first and last hour of the trading day and handles broker-specific session times.
• Each strategy has a loss limit per session. After a loss, that strategy is paused until the next session begins.

News filter

The EA uses the built-in MetaTrader 5 economic calendar, which already uses broker time. You choose the impact levels (high, medium, low) and how many minutes to pause before and resume after each release. Currencies are matched to the symbol automatically, and you can add extra ones.

Flexible trade management

• Stop loss and take profit can come from the strategy rules or be fixed in points.
• Break-even, with a configurable trigger and offset.
• Automatic exit when price touches the Bollinger Band, for strategies where that applies.
• Risk-percent or fixed-lot sizing, with a spread cap.

Optional grid and martingale (disabled by default)

• Grid levels sit at fixed prices measured from the first order, so spacing stays precise even after slippage or tick gaps.
• Martingale multiplier with a start order, a per-order lot cap and a maximum number of orders.
• Average take profit for the whole basket.
• DD reduction algorithm that closes the oldest orders against profitable newer ones.
• Each strategy and timeframe has its own independent basket.

Requirements

• Hedging account (for DD Reduction)
• Recommended symbol: XAUUSD
• Any timeframe (the higher the timeframe, the less trade activity)
• Minimum deposit: $500

Notes

• Attach the EA to the lowest timeframe available in the list if you use multi timeframe.
• The economic calendar is available on a live or demo account, but not in the Strategy Tester. The news filter has no effect in backtests.
• For testing, use “Every tick” or “Every tick based on real ticks” modelling, especially when trading lower timeframes.
• Grid and martingale increase risk. Use them only if you understand the risks, and test on a demo account first.

Risk warning

Trading leveraged products carries a high level of risk and can result in the loss of your capital. Past performance does not guarantee future results. Test the EA thoroughly on a demo account before trading live.