🔶 What is Qyra MT5 EA?
Qyra MT5 is an automated trading Expert Advisor (EA) designed for MetaTrader 5, focusing on flexible risk management, adaptive lot sizing and profit protection through trailing logic.
It allows traders to customize trade execution using either fixed or percentage-based strategies, making it suitable for both conservative and aggressive trading styles.
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🔶 Take Profit Settings
| Parameter | Value | Explanation |
|---|---|---|
| Take Profit Mode | Points | TP calculated in points |
| Take Profit Value | 300.0 | Target profit = 300 points |
👉 Insight: A fixed Take Profit (TP) of 300 points provides consistent exit targets, ideal for structured strategies like scalping or intraday trading.
🔶 Stop Loss Settings
| Parameter | Value | Explanation |
|---|---|---|
| Stop Loss Mode | Percentage of Balance (%) | SL based on account size |
| Stop Loss Value | 95.0 | Risk up to 95% of balance |
👉 Critical Warning: A 95% Stop Loss (SL) is extremely dangerous. This essentially allows the account to be nearly wiped out in a single trade.
👉 Recommendation:
- Conservative: 1–3%
- Moderate: 5–10%
- Aggressive: 10–20%
🔶 Trailing Stop (Total Profit Management)
| Parameter | Value | Explanation |
|---|---|---|
| Enable Trailing | false | Trailing is OFF |
| Trailing Mode | Dollar ($) | Uses profit in USD |
| Trailing Start ($) | 10.0 | Starts trailing after $10 profit |
| Min Peak Move ($) | 2.0 | Minimum move before update |
| Close if Drop ($) | 5.0 | Close if profit drops $5 |
| Trailing Start (pts) | 300.0 | Alternative trigger (points) |
| Min Move (pts) | 50.0 | Update threshold |
| Close Drop (pts) | 100.0 | Exit condition |
👉 Insight:
- Trailing is configured but disabled.
- If enabled, it would lock profits dynamically.
👉 Recommendation: Turn ON trailing to protect profits in volatile markets.
🔶 Lot Size Management
| Parameter | Value | Explanation |
|---|---|---|
| Use Auto Lot (% of Balance) | true | Dynamic lot sizing |
| Lot Percentage of Balance | 0.0000025 | Very small risk factor |
| Fixed Lot Size | 0.01 | Used if auto lot disabled |
👉 Insight:
- Auto lot is extremely conservative.
- Helps protect capital but may limit profit potential.
👉 Example: Larger accounts will still trade very small lots → slow growth.
🔶 Trade Execution Settings
| Parameter | Value | Explanation |
|---|---|---|
| Magic Number | 181187 | Unique trade identifier |
| Max Number of Trades | 100 | Allows up to 100 open trades |
| Trade Comment | QYRA | Label for trade tracking |
👉 Insight:
- Allowing 100 trades simultaneously is high risk.
- Could indicate grid, martingale or scaling strategy.
🔶 Communication / External Integration
| Parameter | Value |
|---|---|
| Telegram Link | Provided |
👉 Used for notifications or signals (optional feature)
🔶 Key Strengths of This Configuration
✅ Auto lot scaling enabled.
✅ Flexible trailing system (if activated).
✅ Structured take profit logic.
✅ High customization for risk control.
🔶 Major Risks & Weaknesses
✅ Extremely high Stop Loss (95%).
✅ Trailing stop is disabled → profits unprotected.
✅ Up to 100 trades → potential overexposure.
✅ Very low lot percentage → slow account growth.
🔶 Optimization Recommendations
Safer Configuration Example:
- Stop Loss: 2–5%
- Enable Trailing: true
- Max Trades: 5–10
- Increase lot % slightly (if risk allows)
🔶 Conclusion
The Qyra MT5 configuration shown is highly flexible but currently unbalanced, with a strong contradiction between extremely high risk and very conservative lot sizing.
👉 This setup may:
- Survive longer due to small lot sizes.
- But risk catastrophic loss if conditions change.
👉 For best results, traders should:
- Reduce stop loss significantly.
- Enable trailing stop for profit protection.
- Limit maximum open trades.
- Align lot sizing with realistic growth goals.
Overall, Qyra EA can be a powerful automated system—but only when risk management is properly optimized and controlled.
