Prosperity MT5

Overview of Prosperity MT5

Prosperity MT5 is a high-growth, low draw-down expert advisor (EA) designed for the MetaTrader 5 platform. It stands out in the crowded market of trading bots with its unique features and robust performance, making it suitable for both beginners and professional traders.

Key Features

• High growth with low draw-down
• Designed for the EURGBP pair
• Easy to set up and use
• Built-in risk management
• No martingale, grid, or AI
• Real money signal with a deposit of over $2,000

Trading Strategy

Prosperity MT5 uses a unique indicator adaptation to achieve solid backtest results, outperforming most EAs on the market. It focuses on the EURGBP pair, which is less subject to wild market movements compared to other major pairs like EURUSD or GBPUSD. The bot is designed to trade regularly and is easy to test live.

Setup and Configuration

Setting up Prosperity MT5 is straightforward:

• Set 'Enable Risk Factor' to 'true'
• Enter your desired Risk Factor (1-5)
• Attach to EURGBP (any timeframe)

The EA will then start trading based on its built-in parameters.

Why Choose Prosperity MT5?

• Great for both beginners and pros
• Solid backtest results
• Easy to set up and use
• Focuses on a rarely traded, more future-proof pair
• Real money signal for transparency

Risk Management

Prosperity MT5 includes built-in drawdown protection and a Recovery Mode to further protect your account. Every trade is protected by a virtual stop-loss determined by the Risk Factor, making it near-impossible to 'blow' your account if deposit and leverage guidelines are followed.

Why is it Being Sold?

The developer, jamesandhistrades, does not have the starting capital needed to make safe but meaningful returns trading. Therefore, the bot is opened up to the public, but sales are limited to keep the system exclusive and effective in the future. Sales revenue is put into the live Prosperity signal for transparency, similar to a hedge fund.

Backtesting and Performance

Prosperity MT5 has been tested from mid-2017 on the EURGBP pair with various account types and brokers. The recommended minimum deposit is $2,000 with a leverage of 1:500. The EA is designed to work with any broker and account type, making it versatile and reliable.

Conclusion

Prosperity MT5 is a well-rounded EA that offers high growth with low draw-down, making it a valuable addition to any trader's portfolio. Its focus on the EURGBP pair and robust risk management features make it a reliable choice for both beginners and seasoned traders. 🚀💼