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Cool EA MT5

Cool EA MT5 is a simple Expert Advisor based on Cool Indicator MT5 ( The Indicator is incorporated in the EA. )

Cool Indicator MT5 is based on Williams' Percent Range (%R) and Average True Range (ATR) and can be dowloaded for free from my product page.


Magic number : 966125 ( is a the unique number assigned to the trades placed by the Expert Advisor )

Timeframe : M5 ( 5 minutes )

The parameters below can be set according to your trading rules.

  • StopLoss ( Stop Loss in pips )
  • TakeProfit ( Take Profit in pips )
  • TradeSize : 1.0 ( Trade size )
  • MaxOpenTrades : 1 ( Maximum open trades per currency pair )
  • Hedging : true ( Hedging mode, set to true )

Some clarification to remember :

For 5-digit brokers : 1 Point=0.00001 and 1 Pip=0.0001 => 10 Points=1 Pip

For 4-digit brokers : 1 Point=0.0001 and 1 Pip=0.0001 => 1Points=1Pip

If your account type is Netting then set Hedging mode to false. 

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Forum News 24 August  How to upgrade own setfile to V4.401:  1) Load blank.set file. 2) Load your set file. 3) save your now updated setfile. News 25 May, 2020 New fundraising campaign. A donation of 50 EUR for each purchase between today and the end of 31 May 2020 will go to Aktion-Deutschland-Hilft project "Emergency assistance worldwide". Proof of donation can be provided. News 21 April, 2020 New fundraising campaign. A donation of $100 for each purchase made between today and the end of A
279 USD
Artificial Trading Robot
Martin Freiherr Von Mirbach Doring
You can get current set files from me via Telegram:  https://t.me/ArtificialTradingRobot With years of experience as a trader, I managed to combine my successful strategies in one EA.  I have succeeded in developing this very well working EA. It intelligently combines dynamic Supply and Demand, MACD and EMA crossings. It analyzes retroactively given time periods and combines these results to calculate the probability of successful trades.  The settings can be adjusted to the trader's pers
999 USD
AW Recovery EA MT5
Alexander Nechaev
Advisor is a system designed to restore unprofitable positions. Simple setup, delayed launch during drawdown, locking, disabling other expert advisors, averaging with trend filtering and partial closing of a losing position built into one tool. The system of automatic calculations will prepare the settings in a few clicks. The use of partial closing of losses allows you to reduce losses with a lower deposit load, which ensures a more secure work with losses, in contrast to the grid strategies o
145 USD
Breakthrough Strategy MT5
Konstantin Kulikov
A copy of the "Breakthrough Strategy" Expert Advisor (monitoring: https://www.mql5.com/en/signals/395124 ). Settings for EA, as in a signal, and instructions can be downloaded in the comment #5 🛑  My telegram channel:   https://t.me/EAFXPRO Highlights to pay attention to During live operation of the expert the GMT offset parameter is determined automatically based on local time of the computer (GMT_Offset_AUTO=true). This parameter provides synchronization of the expert settings with the Me
280 USD
Momentum Breakout
Marten Antonius
Momentum Breakout EA is safe and comfortable Trading Robot because it only opens one order with Stoploss and Takeprofit for protection and does not use dangerous strategies such as hedging, averaging and scalping. Momentum Breakout EA is a Trading Robot that trades automatically on your account and provides stable profits every day. Trade fast and do not hold prolonged losses with sophisticated recovery algorithms, as well as exceptional reliability and resistance for all changes occurring in t
100 USD
VR Smart Grid MT5
Vladimir Pastushak
⭐   VR Smart Grid is a multi-functional expert advisor for the MetaTrader 4 and MetaTrader 5 terminals that allows you to trade using order grids. The algorithm of the expert advisor allows you to trade both with the trend and against the trend. Trading with the trend is structured in such a way that each new order is opened only if the previous order has a Stop Loss in the profit zone. Trading against the trend is conducted in order to close unprofitable positions with a profit. The advisor ha
199 USD
FrankoScalp MT5
Konstantin Kulikov
I have been developing, testing and correcting this automated scalping system for a long time:  https://www.mql5.com/en/signals/author/test-standart . Last settings for EA in the comment : #38 🛑  My telegram channel:   https://t.me/EAFXPRO Highlights to pay attention to 1.  During live operation of the expert the GMT offset parameter is determined automatically based on local time of the computer (GMT_Offset_AUTO=true). This parameter provides synchronization of the expert settings with the
280 USD
Gold one hour
Shi Xuan Liang
Any EA can't guarantee our eternal and stable profit, but it is a manifestation of trading ideas. The quality of the back test data is an intuitive affirmation of the EA. If an EA backtest result fails, we will not believe that it can make money for us on the firm offer. On the contrary, EA, which produced a beautiful asset curve in the process of backtesting, is worthy of our belief that she can meet the challenge of updating.  GOLD ONE HOUR is specially made for gold varieties to run in one h
10 968 USD
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Versão 2.0 2020.07.27
The expert advisor is updated so that it will work properly on both 4 and 5-digit brokers.