Ilan EA MT5 (Latest version) – GroupBuy
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Ilan EA: An Adaptable and Flexible EA for MT5
Ilan EA for MT5 is an Expert advisor (EA) that allows for trading in both directions simultaneously due to its use of virtual trades. This allows traders to adapt to the popular strategy for the net accounting of positions applied by MT5. With a simple setup and a variety of customizable options, it’s a great solution for traders who want a flexible and versatile tool.
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About the Author
This product is compiled by Andrey Khatimlianskii. This Ukraine author has more than +11 years of experience working on MQL5 and created 15 products, famous products such as Ilan MT5, Ilan MT4, Market Screener EA and others. Among them, Ilan MT5 is his most famous product.
Key Features of Ilan EA
🔹Virtual Trading: The EA uses virtual trades, which allows for trading in both directions simultaneously.
🔹Customizable Strategy: All important settings of the strategy are available for adjusting, which allows for a customized approach.
🔹Flexible Lot Sizing: The EA has a flexible lot sizing system, including a start lot and a lot incrementation coefficient.
🔹Simple Setup: The EA’s setup is simple, making it easy to use for all experience levels.
Additional Features
🔹Trade Direction Option: The EA has an option for trade direction, which can be set to buy only, sell only, or both simultaneously.
🔹Trade Limitation: The EA has a limitation on the number of deals and a Stop Loss on the last deal for risk management.
🔹Close and Stop Mode: A special mode is implemented for closing all trades and stopping the operation.
Ilan EA MT5 Review
🔹The backtest results provided show that the trading performance of the Ilan EA MT5 on the GBPUSD pair shows impressive profit potential over 4 months of trading.
✅ Initial Deposit: $1,000
✅ Total Net Profit: $2,268.83
✅ Win Rate: 80.35%
✅ Maximal Drawdown: 34.98%
Ilan EA MT5 Backtest Results with GBPUSD
🔹The backtest results provided show that the trading performance of the Ilan EA on the EURUSD pair shows impressive profit potential over 4 months of trading.
✅ Initial Deposit: $1,000
✅ Total Net Profit: $3,601.69
✅ Win Rate: 79.72%
✅ Maximal Drawdown: 30.31%
Ilan EA MT5 Backtest Results with EURUSD
Why choose Ilan EA MT5?
🔹High Flexibility: The EA’s ability to trade in both directions simultaneously and its variety of customizable options make it a highly flexible tool.
🔹Enhanced Capital Safety: The EA’s trade limitation and its Stop Loss on the last deal all work together to provide a level of protection for your capital.
🔹User-Friendly Automation: The EA is a great solution for traders who want to automate their trading, with its easy setup and its ability to work with other EAs and manual trades.
🔹High Adaptability: The EA’s automatic adaptation to four- or five-digit quotes makes it a highly adaptable tool.
User Reviews and Feedback
Ilan EA shows significant potential in providing stable and reliable profits, making it a reliable tool in the forex market. The advisor is highly appreciated by the MQL5 community in many aspects and has won the trust of users.
➡️ By Sharpan (2022.04.30): “This is a money printing machine.”
➡️ Evgeniy Ozhiganov (2013.04.03): “Excellent work! A professional approach is evident. I was especially pleased with the latest updates, including the addition of a schedule for the advisor’s trading and opening based on the “TraderDream signal.”
➡️ Csongor Pall (2018.07.13): “Trading is a complex procedure and requires a lots of time and commitment to build,test,and manage successfully a consistent profitable strategy. Ilan is great EA in those hands who takes the necessary time to find a way how to use it efficiently.”
Ilan EA MT5 is rated 5 stars by users
Recommended settings
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 5 (MT5) |
| Time frames | M5 (5 minute chart) |
| Currency pairs | EURUSD, GBPUSD, USDCHF, USDJPY and USDCAD |
| Minimum / Recommended deposit | $100 |
| Minimum / Recommended leverage | Any |
| Broker type | Any |
| 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, Ilan EA delivers powerful automated trading with virtual trades, customizable strategies, and flexible lot sizing for maximum adaptability. With proven backtest results showing strong profit potential on GBPUSD and EURUSD, it ensures reliability and efficiency for traders at all levels. Easy to set up and user-friendly, Ilan EA stands out as a smart solution for consistent forex success.
User Reviews
Only logged in customers who have purchased this product may leave a review.
❓ Which trading platform is Ilan EA MT5 compatible with?
Ilan EA is built for the MetaTrader 5 (MT5) platform.
❓ Which currency pairs can Ilan EA MT5 trade?
It supports EURUSD, GBPUSD, USDCHF, USDJPY, and USDCAD.
❓ What is the minimum deposit required for Ilan EA MT5?
You can start with just $100, but higher deposits such as $1,000 are recommended for better performance.
❓ Which timeframe is best for Ilan EA MT5?
The EA is optimized for the M5 (5-minute) timeframe.
❓ Does Ilan EA MT5 trade in both directions at the same time?
Yes, thanks to its virtual trade system, it can open buy and sell trades simultaneously.
❓ How does Ilan EA MT5 manage risk?
It uses a trade limitation system and applies a Stop Loss on the last deal to control drawdowns.
❓ Can I customize the strategy and lot sizing?
Yes, the EA is highly customizable, with flexible options for lot size, trade direction, and strategy parameters.
❓ Does Ilan EA MT5 work with manual trades or other EAs?
Yes, it is fully compatible with manual trading and other EAs on the same account.
❓ What are the verified backtest results of Ilan EA MT5?
Backtests show strong profitability, e.g., on EURUSD: $3,601.69 profit from $1,000 in 4 months with a win rate near 80%.
❓ Is Ilan EA MT5 suitable for beginners?
Yes, its simple setup, automated features, and flexible customization make it suitable for both beginners and experienced traders.
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