EA Thomas MT5 – Full Settings Breakdown & Strategy Insight
The EA Thomas MT5 is a sophisticated multi-strategy trading robot designed for the MetaTrader 5 platform. It offers a wide range of customization options including martingale, time filters, trailing stop, and multi-timeframe indicator logic. Below is a comprehensive explanation of its settings and how they contribute to trading logic and performance.
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โ๏ธ General Settings
| Parameter | Value |
|---|---|
| Lot size | 0.01 |
| Auto lot | Off |
| Max Spread | 50 |
| Slippage | 10 |
| StopLoss / TakeProfit | 100 / 1000 (without martingale) |
| Magic Number | 462315987 |
| Expert Name | EA Thomas |
โ Summary: The EA is configured for fixed lot size trading with slippage and spread protection, ensuring compatibility with most brokers.
๐ Martingale Configuration (Disabled by Default)
| Parameter | Value |
|---|---|
| Martingale Enabled | No |
| Lot Multiplier | 2.0 |
| Step Grid (in pips) | 50 |
| Max Orders | 10 |
| Start Order for Averaging | 3 |
| TP / SL from Martingale | 50 / 300 |
๐ก๏ธ Martingale logic is available but disabled in this preset. When enabled, it adds risk but potentially recovers drawdowns quickly using grid logic.
๐ Time Filter
| Parameter | Value |
|---|---|
| Time Filter | Enabled |
| Start Time / End Time | 06:00 to 22:30 (Server Time) |
โฐ Only trades during high liquidity sessions (London + NY overlap), reducing noise from overnight movements.
๐ง Strategy Modules Enabled
The EA uses multiple internal strategies for signal generation, all of which are enabled in this configuration:
- โ EA_New_Way
- โ EA_Goofy
- โ EA_Flower
- ๐ซ EA_Golden_Elephant (disabled)
- ๐ซ EA_Donald_Duck (disabled)
Each strategy uses a different logic set involving indicators like MA, RSI, Bollinger Bands, Velocity, and custom trend filters.
โณ Timeframe Selection
| Timeframes Used | M1, M5, M15, M30, H1, H4 |
|---|---|
| Status | All enabled โ |
๐ Multi-timeframe confluence improves signal reliability by aligning short-term and long-term trends.
๐ Indicator Settings Overview
๐งฎ EATA Core Indicators
| Indicator | Value |
|---|---|
| CCI Period / RSI Period | 14 |
| MA Period / MA Type | 2 / EMA |
| Koef (smoothing) | 8 |
Used for overbought/oversold and trend direction calculations.
๐ฆ Blue MA Indicator (Short-Term Trend)
- Period: 30
- Method: Simple
- Price: Close
๐ด Red MA Indicator (Long-Term Trend)
- Period: 100
- Method: Simple
- Price: Close
โ Strategy often waits for confirmation between short-term and long-term MAs.
๐ฏ Advanced Strategy Components
๐ โGOOFYโ Strategy
- Uses 4D TrendSuite logic with EMA vs SMA comparison
- Trend Period: 50
- RSI-based confirmation
๐ โELEPHANTEโ Strategy
- Disabled in current setup
- Would use RSI Levels (70/30) with strong filter logic
๐ โFLOWERโ Strategy
- Momentum-based entries using VelocityTrigger (55) and VelocityTime (8)
- Designed to catch strong breakouts or reversals
๐ Multi-Trend Filter System
- Super Trend Period: 10
- Multiplier: 3.0
- Older Trends: 15m, 30m, 1H
- Bollinger Bands: Period 50, Deviation 5.0
โ These filters avoid false signals by validating trades with multiple trend layers.
๐งช Signal Filtering Logic
- โ Price source: Close price.
- โ Multiple filters and smoothing options.
- โ Optional trend filter by time and timeframe.
- โ Period-weighted trend direction settings.
โ Summary: Why EA Thomas MT5 Is Worth Considering
| Feature | Description |
|---|---|
| Multi-strategy engine | Combines multiple expert logics (Goofy, Flower, etc.) |
| Time filtering | Trades only during high-probability hours |
| Multi-timeframe logic | Aligns different chart periods for confluence |
| Risk control options | Includes SL/TP, Martingale OFF, Spread limits |
| Custom indicator settings | Fine-tuned trend, volatility, and breakout logic |
| Fully modular | Enable/disable strategies individually |
๐ Final Verdict
EA Thomas MT5 is a versatile, modular EA suitable for traders who appreciate multi-strategy systems with robust filtering. The current configuration focuses on stable, controlled trades with martingale disabled and multiple strategies enabled for signal diversity. Itโs ideal for scalping, intraday, or swing trading styles when paired with proper money management.
