Cyrus EA MT5

Overview of Cyrus EA MT5

• The Cyrus EA MT5 is an advanced automated trading robot designed to operate primarily on the MetaTrader 5 platform.
• This Expert Advisor employs a scalping strategy, executing trades primarily around the rollover periods.
• The EA focuses on specific currency pairs including EURUSD, GBPUSD, and AUDUSD among others, ensuring a diverse trading portfolio.

Trading Strategy

• Cyrus EA utilizes a trend-following strategy, ensuring that trades follow the prevailing market direction.
• It is programmed to analyze market movements and execute trades based on its sophisticated algorithm.
• The robot operates efficiently within the M5 and M15 timeframe, which are ideal for scalping approaches.

Key Features

• Time Management: It trades from one hour before rollover until one hour after, optimizing trade opportunities.
• Dynamic Risk Management: Parameters allow flexible lot size management, customizable stop loss, and take profit levels.
• News Filter: The EA can pause trading before crucial news events to avoid volatility spikes 🌍.
• Minimum Spread Requirement: Best performance is obtained when trading currency pairs with low spreads 📉.

Money Management Parameters

• Risk Mode: Determined by the user's preference for position sizing.
• SmartSL and SmartTP: Features for dynamic adjusting of stop losses and take profit levels.
• Auto Lot Size Calculation: Based on account balance, allowing for tailored trading strategies.

User Feedback

• Users have rated Cyrus EA highly for its effectiveness and reliability in executing high-frequency trades.
• Some traders appreciate the automated nature, allowing them to focus on other aspects without constant monitoring.
• Feedback often highlights the need for proper backtesting to account for personal trading setups and conditions.