Trading libraries for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
No holy grail here. If you are looking for an EA with perfect equity keep going. This EA is for real traders.
| !!! After purchasing the EA send me a screenshot in private message to recive an installation manual !!! |
Strategy Overview
Volcano MT5 focuses on minimizing losses and letting winners run as much as possible. It was designed specifically for USDJPY on the M15 timeframe, meaning other pairs and timeframes may not yield optimal results. The system is based on multiple indicators, including Moving Averages and Envelopes, to identify precise entry points. Every position is protected with hard SL. Trades are entered exited by the EA, only if there is a rapid movement in the market happening, the SL kicks in. In settings are options to customize Volcano MT5 to your personal needs – max daily drawdown, risk per trade or fixed lot size, risk management or filter for news.
Volcano MT5 does not use TP. Setting a Take Profit is sort of a prediction of the price movement, and there is no edge in it.
Key Features
- Built for longevity
- Configurable parameters for capital preservation.
- Max one trade at a time.
- News filter
- Prop firm compatible – Designed with proprietary trading requirements in mind. If using it on a prop firm, change the magic number!
Recommendations:
- Pair: USDJPY
- Timeframe: M15
- Account type: Hedge
- Minimum account size: $100
- Minimum leverage: 1:30
- VPS: Recommended for 24/7 operation
Why shouldn’t you purchase Volcano MT5?
Carries a risk of loosing capital – (just like any other EA)
Can not predict the future
No guarantee of profits or losses
Probability based
Top performance is only on one symbol
Why should you?
Odds in favour
Longevity
Risk Management
Optimal performance since 2021 (until then sideways – no big losses)
