🧩 What is RTX Parody MT5?
The RTX Parody MT5 uses a hybrid strategy combining trend detection (EMA), martingale averaging, pyramiding for profit expansion, RSI filters, slippage/spread protection, and breakeven/ trailing-stop management.
The configuration in the image reveals a highly customizable system capable of adapting to trending and ranging markets.
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⭐ Core Settings
▪ Magic Number = 202501
A unique identifier that ensures trades opened by RTX Parody EA do not conflict with other EAs or manual positions.
⚠️ Risk Filters
▪ Enable Trading Time Filter = false
Time control is disabled → EA can trade 24 hours unless restricted by spread or other filters.
▪ Start / End Trading Time
Even though the values exist (9 to 17), they are ignored because the filter is off.
▪ Minimum Leverage for New Positions = 2000
A safety threshold: the EA will only open positions if the account leverage meets a minimum requirement—ensuring margin capacity for martingale or pyramiding operations.
💹 Spread & Slippage Control
▪ Enable Max Spread Filter = true
The EA verifies market conditions before entering.
▪ Max Spread = 300 points (30 pips)
A relatively wide tolerance; the EA will still trade even with moderately high spreads.
▪ Enable Slippage Control = false
Although slippage limit is set to 30 points, it is ignored because control is disabled.
📉 EMA Trend Settings
▪ EMA Period = 5
Short-term EMA used for micro-trend detection.
▪ Method = Simple
Calculates EMA using SMA method for price smoothing.
▪ Applied Price = Close price
Trend logic is based on candle closes.
This configuration supports Trend Area Mode, allowing the EA to detect directional bias.
🎯 Initial Entry Settings
▪ Entry Mode = Trend Area Mode
Entries follow the EMA trend direction rather than random or reversal entries.
▪ Initial Lot = 0.01
A conservative starting lot.
▪ Distance from EMA = disabled
EMA-distance filter is off; entries are based mainly on trend and other conditions.
▪ Enable RSI Counter-TREND Filter = false
No RSI cross-check for entry.
📈 Pyramiding (Profit Mode)
▪ Enable Pyramiding = true
The EA can add positions when in profit.
Key Pyramiding Parameters:
- Entry distance from last profit trade = 300 points
- Lot Multiplier = 1.0 (no increase)
- Max pyramid positions = 100
This turns the EA into a trend-following profit expander, adding new positions only when the market moves favorably.
🔄 Martingale Settings (Averaging System)
▪ Enable Martingale = true
Martingale averaging is active.
▪ RSI Filter for Martingale = false
No RSI confirmation required for averaging.
▪ Distance for averaging = 350 points
EA waits for a significant pullback before opening the next martingale order.
▪ Martingale Lot Multiplier = 1.1
A very mild multiplier → safer than classic ×2.
▪ Max martingale positions = 1000
Technically unlimited; requires strong equity to avoid margin issues.
SEO insight:
RTX Parody EA combines both pyramiding and martingale, forming a hybrid averaging–trend-scaling approach.
📊 RSI Indicator Settings
▪ RSI Period = 14
Standard oscillation measurement.
▪ RSI Overbought = 70 / Oversold = 30
Classic thresholds but currently not used because RSI filters for entries/martingale are disabled.
🛡️ Cut Loss (Safety Net)
▪ Enable Cut Loss = false
No hard stop-loss in USD is used.
▪ Cut Loss Amount = -1000 USD
If activated, EA would close all trades when floating loss reaches -$1000.
Since disabled, the EA relies on martingale recovery and breakeven logic.
🟦 Group Breakeven Protection
▪ Enable Group BEP = true
A crucial safety layer that protects against deep drawdowns.
▪ Minimum positions required = 1
BEP can activate even with a single trade.
▪ BEP trigger profit = 200 points
When the floating group profit reaches 20 pips, BEP is activated.
▪ Lock profit = 100 points (10 pips)
Once breakeven is hit, EA locks in a small profit buffer.
🟩 Trailing Stop Settings
▪ Enable Trailing Stop = true
Key trailing parameters:
- Trigger profit = 300 points
- Trailing distance = 100 points
- Close all once trailing SL is hit = true
This ensures the EA captures profits efficiently and closes all trades once trailing stop is breached.
📚 Debug & Logging
▪ Detailed Logging = false
Reduces CPU load.
▪ Trade History Logging = true
Ensures trading performance is saved for monitoring and optimization.
🧭 Conclusion
The RTX Parody MT5 configuration displayed in the screenshot reveals a hybrid automated strategy that simultaneously uses trend-following entries, martingale averaging, and profit pyramiding. With EMA-based trend detection, adjustable spread filters, breakeven protection, and trailing stops, the EA is designed to operate flexibly in both trending and ranging markets.
This setup prioritizes:
- Small initial risk (0.01 lot)
- Controlled martingale (×1.1 multiplier)
- High pyramiding capacity for trend expansion
- BEP and trailing-stop protections
- Wide spread tolerance for continuous operation
Overall, the RTX Parody EA settings aim for steady profit accumulation, dynamic recovery from pullbacks, and efficient risk mitigation through breakeven and trailing-stop systems. This makes the EA suitable for traders who want a balanced, adaptive, and customizable automated trading framework.
