๐งฉ What is Early Retirement MT5?
Early Retirement MT5 is a multi-pair automated trading system that focuses on risk-controlled position sizing, session-based trading, and breakout-style entries on lower timeframes. The settings reveal a flexible EA suitable for both set-and-forget automation and custom manual optimization.
๐๐๐ย Buy this unlimitedย Early Retirement MT5ย product hereย ๐๐๐
๐งฉ User Mode & Money Management
๐น Enable โSet and Forgetโ Mode: false
- The EA is running in custom configuration mode.
- Allows traders to fine-tune each pair individually instead of using a global preset.
๐น Risk Model: Percentage of account balance
- Position size is calculated dynamically based on equity.
- Ensures consistent risk scaling as the account grows or declines.
๐ Insight: This risk model is ideal for long-term account growth and prop firm rule compliance.
๐งฉ Individual Pair Configuration (Multi-Currency Trading)
๐ธ EURUSD Settings
- Trade EURUSD: true
- Fixed lots: 0.01
- Risk % of account balance: 5.0%
โ ๏ธ Note: 5% risk per trade on EURUSD is relatively aggressive and may lead to higher drawdown during losing streaks.
๐ธ USDJPY Settings
- Trade USDJPY: true
- Fixed lots: 0.01
- Risk % of account balance: 3.0%
๐ธ GBPUSD Settings
- Trade GBPUSD: true
- Fixed lots: 0.01
- Risk % of account balance: 3.0%
๐ Insight: The EA allows pair-specific risk allocation, which is a strong advantage for portfolio balancing.
๐งฉ Custom Money Management Settings
๐น Fixed lots (global): 0.01
- Used if risk model switches to fixed lot mode.
๐น Risk % of account balance (global): 1.0%
- A conservative fallback risk level.
- Much safer than pair-specific overrides.
๐งฉ Trade Entry & Order Logic
๐น Symbol traded: EURUSD
- Confirms EURUSD as the primary reference symbol.
๐น Timeframe to scan highs/lows: 15 Minutes
- Indicates a short-term breakout or range strategy.
- Suitable for intraday trading with frequent opportunities.
๐น Take Profit: 20 pips
๐น Stop Loss: 20 pips
- Fixed 1:1 Risk-to-Reward ratio.
- Balanced approach focusing on win rate rather than large runners.
๐งฉ Trading Session Filter
๐น Enable trade session filter: true
- EA only trades during predefined hours.
๐น Session Times
- Monday start: 02:00
- TuesdayโFriday start: 02:00
- MondayโThursday end: 22:00
- Friday end: 17:00
๐ Insight:
This avoids:
- Low-liquidity rollover periods
- High-risk late-Friday volatility
A strong feature for drawdown control.
๐งฉ Time Zone Configuration
๐น Timezone offset: 0
- EA operates on broker server time.
- Requires manual adjustment if broker GMT differs.
๐งฉ General Trading Controls
๐น Allow Buy Positions: true
๐น Allow Sell Positions: true
- EA trades in both market directions.
๐น Use expiration: true
- Pending orders are deleted at the end of the trading session.
- Prevents outdated entries from triggering in bad conditions.
๐น EA Magic Number: 363437
- Unique identifier to isolate EA trades.
๐น Minimum bars before trading: 400
- Ensures enough historical data before activating logic.
- Improves signal reliability and reduces false entries.
๐งฉ Final Verdict โ Is Early Retirement MT5 Reliable?
โ Strengths
- Multi-pair trading with individual risk control
- Percentage-based money management
- Fixed SL/TP for predictable risk
- Strong session filter
- Works well for intraday breakout strategies
- Suitable for prop firm challenges (with optimized risk)
โ ๏ธ Weaknesses
- 5% risk on EURUSD is aggressive
- 1:1 risk-reward limits profit potential
- Requires correct time-zone alignment
- No trailing stop or equity protection visible
๐งฉ Conclusion
Early Retirement MT5 is a structured, disciplined trading robot designed for intraday traders who prioritize consistency over high-risk growth. Its multi-pair flexibility, session-based execution, and percentage-risk model make it a solid choice for experienced tradersโespecially when risk values are optimized.
