🔶 What is Elise Trend EA MT5?
Elise Trend EA MT5 is an automated trading Expert Advisor (EA) designed for the MetaTrader 5 platform. The EA focuses on trend-following strategies combined with RSI momentum confirmation and layered order management. It includes configurable lot scaling, optional martingale logic, dynamic take-profit adjustments, and risk control features to help traders capture sustained market trends.
📌📌📌 Buy this unlimited Elise Trend EA MT5 product here 📌📌📌
🔶 General Trading Configuration
| Parameter | Value | Explanation |
|---|---|---|
| Timeframe Use | 1 Hour | The EA analyzes market signals using the H1 timeframe. |
| Use Candle | false | Disables candle-based confirmation for entry signals. |
| Site Order | 1 | Determines the order execution sequence used by the EA. |
These settings define the EA’s basic trading environment.
🔶 Technical Indicator Settings
| Parameter | Value | Explanation |
|---|---|---|
| MA Period | 50 | Defines the moving average period used to identify the market trend. |
| MA Method | Simple | Uses a simple moving average for trend calculation. |
| RSI Period | 21 | Sets the RSI indicator period for momentum analysis. |
| RSI Confirmation Level | 50.0 | Defines the neutral RSI level used for confirming trend direction. |
| RSI Applied Price | Close Price | RSI calculations are based on closing prices. |
| Oversold Threshold | 10 | Defines the RSI level considered oversold. |
| Overbought Threshold | 90 | Defines the RSI level considered overbought. |
These indicators help the EA determine market direction and entry timing.
🔶 Lot Size and Position Scaling
| Parameter | Value | Explanation |
|---|---|---|
| Lots | 0.01 | Defines the base lot size used for the initial trade. |
| Risk | 0.0 | When set to zero, the EA uses fixed lot size instead of risk-based calculation. |
| Type Grid Lot | Sum Start Lot | Defines the method used for scaling lot sizes in grid trading. |
| Layer Multiplier | 1.21 | Multiplier used when increasing lot size for subsequent trades. |
| Lot Step | 0.02 | Increment added to lot size for each additional position. |
| Step Increment | 3 | Determines how lot increments scale across positions. |
| Max Lots | 1.0 | Maximum allowed lot size for safety. |
This configuration allows gradual lot scaling during extended market movements.
🔶 Profit Management
| Parameter | Value | Explanation |
|---|---|---|
| Take Profit | 500 points | Defines the profit target for trades. |
| Use TP Per Order | false | Disables individual take profit levels for each order. |
| Calculate TP Per Order | 6.0 | Defines the TP distance if per-order TP is enabled. |
| Auto Update TP | true | Automatically adjusts take profit levels when new positions are opened. |
These parameters manage trade exits and overall profit targets.
🔶 Trailing Stop Settings
| Parameter | Value | Explanation |
|---|---|---|
| Trailing Stop | false | Trailing stop functionality is disabled. |
| Hide Trailing Stop | false | Displays trailing stop levels on the chart if enabled. |
| Trail Start | 300 points | Profit level required before trailing stop activation. |
| Trail Stop | 50 points | Distance between the trailing stop and the current market price. |
Trailing stop helps secure profits once trades move favorably.
🔶 Trade Direction Control
| Parameter | Value | Explanation |
|---|---|---|
| Buy Active | true | Enables the EA to open buy positions. |
| Sell Active | true | Enables the EA to open sell positions. |
| Close Trades On Reversal | false | Prevents trades from closing automatically when trend reverses. |
These settings determine allowed trade directions.
🔶 Time-Based Trading
| Parameter | Value | Explanation |
|---|---|---|
| Use Hour Trade | false | Time-based trading restriction is disabled. |
| Start Time | 00:00 | Defines the start time if time filtering is enabled. |
| End Time | 23:59 | Defines the end time if time filtering is enabled. |
| Max Loss Force Close After Hours | 0 | No automatic closure based on time and loss conditions. |
These parameters allow optional session-based trading.
🔶 Order Configuration – Buy Orders
| Parameter | Value | Explanation |
|---|---|---|
| Max Trade Order Buy | 50 | Maximum number of buy positions allowed simultaneously. |
| Magic Order Buy | 852791 | Unique identifier used to track buy trades. |
| Step Order Buy | 10000 points | Distance between buy orders in grid trading. |
🔶 Order Configuration – Sell Orders
| Parameter | Value | Explanation |
|---|---|---|
| Max Trade Order Sell | 50 | Maximum number of sell positions allowed simultaneously. |
| Magic Order Sell | 852792 | Unique identifier used to track sell trades. |
| Step Order Sell | 10000 points | Distance between sell orders in grid trading. |
These settings control grid spacing and maximum exposure.
🔶 Floating Loss Management
| Parameter | Value | Explanation |
|---|---|---|
| Use Stop Maximum Floating Loss | false | Disables automatic closure when floating loss reaches a limit. |
| Maximum Floating Loss | 5000 | Defines the maximum allowed floating loss if protection is enabled. |
This feature helps protect the account during extreme drawdown scenarios.
🔶 Strategy Overview
Elise Trend EA MT5 uses a trend-following approach supported by RSI momentum confirmation. The EA identifies market direction using a 50-period moving average and confirms entries using RSI thresholds.
The system also incorporates grid-style order management with dynamic lot scaling, allowing it to adapt to prolonged market trends while gradually increasing exposure.
This combination enables the EA to capture extended price movements while maintaining flexibility in trade management.
🔶 Risk Management Perspective
Key protective features include:
- Configurable lot scaling and grid spacing
- Maximum lot size limits
- Optional floating loss protection
- Adjustable take-profit management
- Optional time-based trading control
These safeguards help maintain controlled trading risk.
🔶 Recommended Trading Environment
For optimal performance with Elise Trend EA MT5:
- Use low-spread ECN brokers
- Run the EA on a stable VPS server
- Adjust lot sizes according to account balance
- Monitor grid expansion during volatile market periods
These practices improve execution reliability and risk control.
🔶 Conclusion
Elise Trend EA MT5 is a versatile automated trading system designed to capture trending market movements using a combination of moving average trend detection and RSI momentum signals. With flexible lot scaling, grid management, and customizable risk controls, the EA provides traders with a powerful tool for automated trend trading.
When configured properly and used with disciplined risk management, Elise Trend EA MT5 can serve as a reliable solution for traders seeking systematic algorithmic trading on the MetaTrader 5 platform.
