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1. General Configuration
| Setting | Value | Description |
|---|---|---|
| Magic Number | 9999 | Unique identifier to prevent trade conflicts across charts. |
| EA Name | MT5-ESCOBAR EA | A customized Expert Advisor designed for MetaTrader 5 with multi-strategy capability. |
| Internal Password | Protected | Ensures secure internal functionality. |
| Best Trade Selection | true | Enables smart filtering to execute only high-probability trades. |
2. Risk and Protection Features
| Setting | Value | Description |
|---|---|---|
| Take Profit Mode | true | Uses predefined take-profit targets to lock in profits. |
| Equity Protection | true | Closes trades or halts trading when equity protection thresholds are triggered. |
| USE News Filter | true | Avoids trading during high-impact news events, reducing market risk. |
| Tracking News | true | Monitors news events, helping the EA adapt to economic releases. |
✅ Conclusion: ESCOBAR EA incorporates advanced protection filters suitable for prop firm trading and live capital protection.
3. Technical Indicators Configuration
| Indicator | Value | Explanation |
|---|---|---|
| Timeframe | H1 | Signals and trades are generated on the 1-hour timeframe, optimal for mid-term strategies. |
| ZigZag Settings | Depth: 12, Deviation: 5, Backstep: 3 | Detects price swings and filters market noise effectively. |
| RSI Period | 10 | Uses 10-period RSI for momentum and overbought/oversold detection. |
| MA Period | 10 | Simple Moving Average helps trend identification. |
| T3 Period | 5 | T3 moving average for smoother trend signals. |
| Smooth Factor | 10 | Additional smoothing of indicators to reduce false signals. |
✅ Conclusion: ESCOBAR EA uses a multi-indicator system combining ZigZag, RSI, MA, and T3 smoothing for trend-following and reversal strategies.
4. Multi-Strategy Architecture
ESCOBAR EA utilizes 10 unique trading strategies, each with adjustable volume size:
| Strategy | Volume Size | Description |
|---|---|---|
| Strategy_1 – 10 | 0.1 lot each | Diversifies entries and exits with multiple strategies, ensuring flexibility in market behavior. |
✅ Conclusion: By activating multiple strategies, ESCOBAR EA aims for portfolio diversification, balancing between trend-following, mean-reversion, and breakout opportunities.
5. Additional Key Features
| Parameter | Value | Description |
|---|---|---|
| InfoDataAlgo | true | Displays detailed real-time trading information on chart. |
| FXCC_STEPCOUNT | 1 | Likely used to control incremental order scaling or grid logic. |
✅ Conclusion: The EA includes real-time data transparency and precise scaling parameters for flexible lot sizing and order control.
6. Conclusion
ESCOBAR EA MT5 is a multi-strategy, indicator-driven automated trading system equipped with advanced risk management, news filtering, and equity protection. It is designed for consistent profitability on the H1 timeframe while minimizing exposure to high-impact news events.
Thanks to its 10 modular trading strategies, ESCOBAR EA adapts to various market conditions, making it ideal for long-term trading, funded account challenges, and proprietary trading firms. The combination of ZigZag structure, RSI momentum, moving averages, and smart trade selection provides optimized entries and exits.
🎁 Why Choose ESCOBAR EA?
- ✅ Suitable for all market conditions
- ✅ Low drawdown with equity protection
- ✅ Diversified strategy structure
- ✅ User-friendly with full transparency
ESCOBAR EA MT5 is a premium trading solution for traders seeking reliable automation, capital preservation, and scalable profits in the Forex market.
