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EA Crypto Player MT5 Settings Review & Full Analysis

๐Ÿงฉ What is EA Crypto Player?

EA Crypto Player is an automated cryptocurrency trading system built to operate across multiple market conditions with high stability and adaptability. It combines advanced multi-timeframe analysis and diversified strategy logic to trade major crypto assets with controlled risk. The system focuses on structured automation, disciplined order management, and long-term performance consistency.

๐Ÿงฉ General Lot & Risk Management Settings

Auto or Fixed Lot: Disabled
Fixed Lot Size: 0.01
Balance Step for Auto Lot: 2500.0

๐Ÿ” Analysis:

  • The EA is using a fixed lot system, starting at 0.01 lot, which is highly conservative.
  • Auto lot scaling is disabled, meaning lot size will not increase automatically as the account grows.
  • This configuration is ideal for small accounts, cent accounts, and risk-averse traders.
EA Crypto Player MT5 Settings Review & Full Analysis 4

๐Ÿงฉ Non-Martingale Trade Protection

Take Profit (without martingale): 100 points
Stop Loss (without martingale): 500 points
Max Spread: 1500
Slippage: 10

๐Ÿ” Analysis:

  • When martingale is not yet activated, trades have clear TP and SL protection.
  • A 500-point stop loss provides room for market fluctuation while still limiting risk.
  • Max spread filter prevents trading during high-spread or low-liquidity conditions, which is critical for crypto or volatile symbols.

โœ… This layer adds basic capital protection before martingale logic starts.


๐Ÿงฉ Daily & Global Drawdown Controls

Stop Trading After Daily Profit: Disabled
Drawdown Stop Trade (%): Disabled
Drawdown Close All Orders (%): Disabled

โš ๏ธ Analysis:

  • No equity or balance protection is active.
  • The EA will continue trading regardless of daily profit or drawdown levels.

๐Ÿ‘‰ For live trading, enabling drawdown limits is strongly recommended to avoid account wipeouts.


๐Ÿงฉ Martingale Strategy Configuration

Use Martingale: Enabled
Lot Multiplier: 1.4
Grid Step: 550 points
Step Indent: 155
Max Orders: 10
Start of Averaging: Order #1

๐Ÿ” Analysis:

  • This EA uses a classic martingale averaging system.
  • Lot size increases by 1.4ร—, which is moderate compared to aggressive martingale EAs.
  • A maximum of 10 orders caps exposure, helping prevent unlimited grid expansion.

โš ๏ธ Despite limits, martingale always carries medium-to-high risk, especially in strong trends.


๐Ÿงฉ Martingale Exit Logic

Take Profit from Martingale: 100 points
Stop Loss from Martingale: 3000 points

๐Ÿ” Analysis:

  • The EA aims to close the entire basket with a relatively small net profit.
  • A very large stop loss indicates that drawdown is tolerated in order to wait for price retracement.

๐Ÿ“Œ This confirms that Crypto Player MT5 is a recovery-based system, not a strict stop-loss EA.


๐Ÿงฉ Trailing Stop Settings

Use Trailing Stop: Enabled
Trailing Distance: 100 points
Trailing Step: 75 points

๐Ÿ” Analysis:

  • Trailing stop helps lock in profits once the basket moves in favor.
  • Works as a secondary risk-reduction mechanism, especially during trending exits.

๐Ÿงฉ Time Filter (Trading Session Control)

Use Time Filter: Enabled
Trading Hours: 09:00 โ€“ 16:00 (Broker Time)

๐Ÿ” Analysis:

  • EA trades only during specific market hours, likely targeting high liquidity awareness.
  • This reduces exposure to overnight volatility and low-volume periods.

โœ… A very positive feature for both forex and crypto CFD trading.


๐Ÿงฉ News Filter Settings

Use News Filter: Enabled
Pause Before News: 30 minutes
Pause After News: 30 minutes
Minor / Medium / Major News: All Enabled
News Time Zone (GMT): +2

๐Ÿ” Analysis:

  • Full-scale news protection is active.
  • The EA avoids trading 1 hour total around news events, reducing slippage and spikes.

๐Ÿ“ˆ This is a strong safety advantage, especially for martingale systems.


๐Ÿงฉ Strategy Selection

Enabled Strategies:

  • Strategy #2
  • Strategy #4
  • Strategy #7

๐Ÿ” Analysis:

  • The EA supports multiple internal strategies, but only selected ones are active.
  • This suggests strategy diversification, reducing dependence on a single market condition.

๐Ÿงฉ Multi-Timeframe Signal Confirmation

Enabled Timeframes:

  • M1, M5, M15, M30, H1, H4

๐Ÿ” Analysis:

  • Signals are filtered across multiple timeframes, increasing accuracy.
  • This reduces false entries and improves trend alignment.

โœ… Indicates a smart, confirmation-based entry system, not random grid trading.


๐Ÿงฉ Final Verdict โ€“ Is EA Crypto Player MT5 Worth Using?

โœ… Key Strengths

โœ” Conservative starting lot size
โœ” Moderate martingale multiplier
โœ” Maximum order limit
โœ” Full news filter enabled
โœ” Time-based trading filter
โœ” Multi-strategy & multi-timeframe confirmation

โŒ Weaknesses

โš  Martingale inherently increases drawdown risk
โš  No equity or daily drawdown protection enabled
โš  Large stop loss tolerance during recovery cycles


๐Ÿ”ฅ Overall Conclusion

EA Crypto Player MT5 is a semi-aggressive martingale trading robot designed for controlled averaging and recovery trading, enhanced with time filters, news filters, and multi-timeframe signal confirmation. With proper risk management and additional drawdown protections enabled, it can be suitable for experienced traders, especially on small or medium-sized accounts.

๐Ÿ‘‰ Best Use Cases:

  • Cent accounts or small live accounts
  • Traders familiar with martingale risk
  • Markets with ranging or mean-reverting behavior

โš  Not recommended for beginners or traders without strict capital discipline.

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