Famous EA MT5 (Latest version) – GroupBuy
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What is Famous EA MT5?
Famous EA MT5 is a high-performance Expert Advisor (EA) designed specifically for professional traders, combining price action, trendline dynamics and a proprietary filtering algorithm. The advisor detects high-probability entry and exit points with discipline and delivers consistent results.
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About the Author
This product is compiled by Ugochukwu Mobi. This author has more than +6 years of experience working on MQL5 with many famous products such as Famous EA MT5, Bonnitta EA MT5, Bonnitta Gold MT5, Finvesting EA MT5, AI Nodiurnal EA MT5, Marvelous EA MT5 and other advisors. Among them, Famous EA MT5 is his best performing products.
Key Features of Famous EA MT5
🔹 Fully Automated Trading Engine: Executes trades automatically using rule-based market analysis.
🔹 Multi-Asset Trading Capability: Optimized for major forex pairs and metals such as USDJPY and XAUUSD.
🔹 Advanced Trailing Stop System: Dynamically protects profits while allowing trades to develop further.
🔹 Optional News Filter Protection: Avoids trading during major economic events to reduce volatility risk.
🔹 Flexible Risk Configuration: Allows traders to choose conservative or aggressive trading profiles.
What is the Famous EA MT5 trading strategy?
🔹 Price Action Market Analysis: Uses structured price movement patterns to identify trading opportunities.
🔹 Dynamic Support and Resistance Detection: Identifies trendlines and key levels for precise entries.
🔹 Multi-Timeframe Confirmation Logic: Combines signals from different timeframes to improve accuracy.
🔹 Proprietary Noise Filtering Algorithm: Filters weak signals to avoid unnecessary market exposure.
🔹 Structured Trade Management System: Uses trailing stops and breakeven rules for disciplined exits.
Famous EA MT5 Review
1. Famous EA Signal Results:
The Famous EA achieved impressive profit performance when trading. Trading results on real account for 270 consecutive weeks of trading:
✅ Initial Deposit: $1,000
✅ Growth Rate: +7,330%
✅ Win Rate (% of total): 89.40%
✅ Maximum Drawdown: 19.10%
Famous EA MT5 Signal Results
2. Famous EA MT5 Backtests:
The Famous EA backtest trading results achieved impressive profit performance for 5 years on the XAUJPY pair. The advisor showed the ability to maintain safe stars on the 60-minute chart.
✅ Initial Deposit: $1,000
✅ Total Net Profit: $10.06 million
✅ Win Rate (% of total): 96.54%
✅ Maximum Drawdown: 6.84%
Famous EA MT5 Backtest Results
Why choose & use Famous EA MT5?
🔹 Stable Automated Trading Structure: Designed to focus on high-quality setups instead of overtrading.
🔹 Advanced Risk Management Framework: Protects capital through strict Stop Loss (SL) and trade control.
🔹 Adaptive Trading Logic: Adjusts to changing market conditions across different instruments.
🔹 Professional Market Strategy Design: Built around price action and technical indicator synergy.
🔹 Marketplace-Ready EA Solution: Suitable for traders seeking reliable automated trading systems.
Recommended settings
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 5 (MT5) |
| Time frames | H1 (60 minute chart) |
| Currency pairs | Major Forex & Metals |
| Minimum / Recommended deposit | $1,000 |
| Minimum / Recommended leverage | 1:100 or higher |
| Account type | ECN / Raw Spread |
| Product type | Original version |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, Icmarkets Broker |
| Recommended VPS | MyfxVPS.com ( Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
➡️ Reviewed by David Easton
Product Download Package?
The download package of the product suite includes:
✅ Setting (If Any).docx
✅ Installation Guide.docx
Conclusion
In short, Famous EA MT5 combines structured price-action logic, multi-timeframe confirmation, and protective smart exits to deliver consistent, long-term performance across Forex and Metals. With proven real-account results, strong drawdown stability, and a clean, non-martingale framework, it offers traders a safe and scalable path to growth. Ultimately, Famous EA stands out as a precision-engineered system built for reliability, longevity and high-quality execution.
Famous EA MT5 Settings Explained – Complete Configuration Guide
Famous EA MT5 is an advanced automated trading robot for MetaTrader 5 that combines intelligent money management, multi-position scaling, trailing stop systems and built-in economic news filtering.
The EA is designed to help Forex traders automate trading decisions while maintaining flexible control over lot sizing, risk exposure and trading schedules.
With customizable news filters and dynamic balance-ratio money management, Famous EA MT5 is suitable for traders seeking scalable and semi-aggressive automated trading strategies.
Famous EA MT5 Setting
Famous EA MT5 Full Settings Explanation
Below are the details of the parameters in the advisor’s trading system settings table:
Famous EA MT5 Settings Panel
Money Management Settings
🔹 Lots Selection Mode = Balance Ratio: Uses account balance ratio to calculate automatic lot sizing.
🔹 Fixed Lots = 0.01: Sets the fixed trading lot size to 0.01 lots.
🔹 Percentage Risk = 0.01: Risk percentage per trade is set to 0.01%.
🔹 % Risk Based On Point Movement = 200: Calculates risk exposure based on 200 points market movement.
🔹 Money For Every Lots of 0.01 = 2500.0: Uses $2500.0 account balance for every 0.01 lot.
🔹 Max Positions = 99: Maximum number of simultaneously opened positions is 99.
🔹 Max Positions Per Cycle / Set 0 To Switch OFF = 1: Allows 1 position per cycle; setting 0 disables the limit.
🔹 Multiplier Per Cycle of Max Positions = 2: Lot multiplier per trading cycle is 2.
🔹 Addition If Multiplier is 1 = 0: Additional lot increment is disabled when multiplier equals 1.
General Settings
🔹 Distance = 200.0: Distance between trading entries is set to 200.0 points.
🔹 New Candle = true: Opens trades only when a new candle forms.
🔹 TakeProfit % S1 = 0.0: Take Profit percentage for strategy S1 is disabled with value 0.0.
🔹 EntryTimeFrame = 4 Hours: EA executes trades using the H4 timeframe.
🔹 Trailing Start in Point = 1000.0: Trailing stop activates after 1000.0 points profit.
🔹 Trailing Step in Point = 900.0: Trailing stop adjusts every 900.0 points.
🔹 Days To Trade (Monday=1) = 1,2,3,4,5: Trading is enabled from Monday to Friday.
🔹 Start Trading Time = 00:00: Trading session starts at 00:00.
🔹 End Trading Time = 00:00: Trading session ends at 00:00.
🔹 Magic Number = 11111: Unique identifier used by the EA to manage its own trades.
🔹 Show Info Panel = true: Displays the information panel on the chart.
News Filter Settings
🔹 Enable News Filter = false: Economic news filter is currently disabled.
🔹 Source Of News = Investing: Uses Investing as the news data provider.
🔹 Delete Breakeven On News or OFF Days = true: Removes breakeven settings during news events or disabled trading days.
🔹 Enable Low News = false: Low-impact news filtering is disabled.
🔹 Enable Middle News = true: Medium-impact news filtering is enabled.
🔹 Enable High News = true: High-impact news filtering is enabled.
🔹 Indent Before = 15: Stops trading 15 minutes before medium-impact news.
🔹 Indent After = 30: Resumes trading 30 minutes after medium-impact news.
🔹 High Indent Before = 60: Stops trading 60 minutes before high-impact news.
🔹 High Indent After = 60: Resumes trading 60 minutes after high-impact news.
🔹 News Check Currencies = EUR,GBP,USD,CAD,AUD,NZD,CHF: Monitors economic news for these currencies.
🔹 Auto Time Zone = true: Automatically detects and adjusts broker/server timezone.
🔹 Broker TimeZone = 3: Broker server timezone is set to GMT+3.
🔹 Draw News Lines = true: Displays economic news event lines directly on the chart.
External News & Time URLs
🔹 Add News URL = https://ec.forexprostools.com/: External news source URL used by the EA.
🔹 Add Time URL = https://nfs.faireconomy.media/ff_calendar_thisweek.xml: XML economic calendar feed URL.
🔹 Add Time URL = https://www.myfxbook.com/rss/forex-economic-calendar-events: Myfxbook economic calendar RSS feed.
🔹 Add Time URL = https://www.worldtimeserver.com/: World time synchronization source.
Conclusion
Famous EA MT5 is a highly customizable MetaTrader 5 Expert Advisor (EA) designed with advanced balance-based money management, trailing stop systems and integrated economic news filtering. The EA offers flexible trade scaling, multi-position handling, and intelligent time-based controls that help traders optimize automated Forex trading performance.
With support for multiple news sources and dynamic risk management settings, Famous EA MT5 provides traders with a robust framework for automated trading in volatile market conditions.
FAQs
❓ What is Famous EA MT5?
Famous EA MT5 is an automated Forex trading robot for MetaTrader 5 with advanced money management and news filtering features.
❓ Does Famous EA MT5 support automatic lot sizing?
Yes, the EA supports automatic lot calculation using the Balance Ratio money management mode.
❓ Can Famous EA MT5 filter economic news events?
Yes, the EA includes configurable low, medium, and high-impact news filters.
❓ What timeframe does Famous EA MT5 use for entries?
The EA currently uses the 4 Hours (H4) timeframe for trade entries.
❓ Does Famous EA MT5 include trailing stop functionality?
Yes, the EA includes customizable trailing stop activation and trailing step settings.
User Reviews
Only logged in customers who have purchased this product may leave a review.
❓ What trading strategy does Famous EA MT5 use to generate accurate signals?
Famous EA MT5 combines price action structure, trendline mapping, and a proprietary filtering algorithm. It identifies market direction using support/resistance geometry and confirms entries across multiple timeframes. This layered approach reduces low-quality signals while maintaining high-probability setups.
❓ Which trading instruments and timeframes work best with Famous EA MT5?
The EA is optimized for the H1 timeframe, offering a balanced blend of precision and stability. It supports a wide range of Forex majors and Metals, including USDJPY, GBPJPY, XAUUSD, and XAUJPY, making it suitable for diversified portfolios.
❓ How does Famous EA MT5 manage risk and adapt to different trading styles?
Risk is fully adjustable, allowing users to choose between conservative, balanced, or aggressive profiles. Because the EA uses fixed-stop logic without martingale, grid, or hedging, all positions follow controlled exposure, ensuring safer and more predictable risk management.
❓ Does Famous EA MT5 use martingale or any high-risk strategies?
No. The EA operates purely on strategic price action and trendline logic. It does not use martingale, grid, or doubling techniques. This keeps the system compliant with prop-firm rules and ensures long-term sustainable growth.
❓ How reliable are the real trading results of Famous EA MT5?
Real-account performance over 270 weeks demonstrates exceptional stability:
✅ +7,330% growth.
✅ 89.40% win rate.
✅ 19.10% maximum drawdown.
These long-term metrics highlight the EA’s consistency and robustness under real market conditions.
❓ What do backtest results show about Famous EA’s long-term potential?
A 5-year backtest on the XAUJPY H1 chart shows massive performance:
✅ $10.06 million net profit from $1,000 starting balance.
✅ 96.54% win rate.
✅ 6.84% max drawdown.
The results indicate strong signal accuracy, disciplined exits, and stable trade control across multiple market cycles.
❓ Does Famous EA MT5 include news protection or volatility filters?
Yes. The system provides an optional smart news filter that helps avoid high-impact announcements such as NFP, CPI, or FOMC. This reduces exposure to unpredictable spikes and protects accounts from sudden volatility shocks.
❓ Is Famous EA MT5 suitable for beginners or only for advanced traders?
Both. Beginners benefit from its plug-and-trade simplicity, while advanced traders appreciate its transparent logic, customizable risk settings, and professional-grade filtering algorithm. No complex configuration or manual trading skills are required.
❓ What are the recommended settings for optimal performance?
Developers advise the following for best results:
✅ MT5 platform.
✅ H1 timeframe.
✅ $1,000 minimum deposit.
✅ 1:100 leverage or higher.
✅ ECN or Raw Spread account.
These settings provide stable execution and tighter spreads for improved trade quality.
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