🔢 Market Anomalies EA – Complete Settings Guide for MT5
Market Anomalies EA is an automated MetaTrader 5 trading system designed to identify and exploit unusual market behavior and statistical anomalies. The EA incorporates automatic risk management, portfolio-based risk allocation, prop firm protection features, FIFO compliance options, and flexible position sizing controls, making it suitable for both retail traders and funded account traders.

🔢 Market Anomalies EA MT5 Settings Explained
Below are the details of the parameters in the advisor’s trading system settings table:
🔶 General Inputs
🔹 Set Your Own Trade Comment = XXXXXXXX — Custom comment attached to every trade opened by the EA, helping traders identify positions in account history and terminal logs.
🔹 Set Your Own Magic Number = 12345 — Unique identifier used by the EA to distinguish its trades from other Expert Advisors and manual trades.
🔹 Show Info On Chart = true — Enables the on-screen information panel displaying EA status, trade data, and operational statistics directly on the chart.
🔶 Risk Management Settings
🔹 Portfolio Manager: Set how many of my EAs you use to split risk = 1 — Defines the number of EAs sharing the account risk allocation; a value of 1 means the full risk allocation is assigned to this EA only.
🔹 Account Size (0 = Starting Balance, 1 = Equity, or enter any custom value) = 0 — Uses the account starting balance as the base for risk calculations; traders may alternatively use equity or a custom account value.
🔹 Risk Type = Automatic Risk — Enables dynamic lot sizing based on the EA's built-in risk management model rather than using fixed lot sizes.
🔹 Risk Level (Automatic) = Low — Applies the Low risk profile, resulting in more conservative position sizing and capital exposure.
🔹 Risk % (Manual) = 0.0 — Manual risk percentage setting; inactive when Automatic Risk mode is selected.
🔹 Lots (Fixed) = 0.0 — Fixed lot size parameter; ignored when Automatic Risk mode is active.
🔶 Prop Firm Settings
🔹 Enable Daily Drawdown Protection = false — Disables the daily drawdown protection mechanism that can halt trading when a predefined loss limit is reached.
🔹 Max Daily Loss % (prop firm safety) = 4.0 — Specifies a maximum daily drawdown limit of 4.0% for prop firm risk management purposes when protection is enabled.
🔶 FIFO Compliance Mode
🔹 Only allow one position at a time (FIFO compliant) = false — Disables FIFO-only trading restrictions, allowing multiple positions to be opened simultaneously.
🔢 Configuration Summary
🔹 Magic Number: 12345
🔹 Trade Comment: XXXXXXXX
🔹 Risk Mode: Automatic Risk
🔹 Risk Level: Low
🔹 Portfolio Manager Allocation: 1 EA
🔹 Account Size Reference: Starting Balance (0)
🔹 Manual Risk Percentage: 0.0
🔹 Fixed Lot Size: 0.0
🔹 Daily Drawdown Protection: Disabled
🔹 Maximum Daily Loss Limit: 4.0%
🔹 FIFO Compliance: Disabled
🔹 Chart Information Panel: Enabled
🔢 Conclusion
Market Anomalies EA for MT5 provides a streamlined yet powerful configuration structure focused on risk control and account protection. Its Automatic Risk system, portfolio risk allocation, prop firm drawdown controls, and FIFO compliance options allow traders to tailor the EA to different trading environments.
The current configuration uses a conservative Low Risk profile with automatic position sizing, making it suitable for traders seeking controlled exposure while leveraging automated anomaly-based trading strategies.
🔢 FAQs
❓ What is the purpose of the Magic Number in Market Anomalies EA?
The Magic Number (12345) uniquely identifies trades opened by the EA, preventing conflicts with other EAs or manual positions.
❓ How does Automatic Risk work in Market Anomalies EA?
Automatic Risk dynamically calculates position sizes based on account conditions and the selected risk profile instead of using fixed lot sizes.
❓ What does the Low Risk profile mean?
The Low Risk profile reduces trade exposure and generally uses smaller lot sizes to minimize account volatility.
❓ Can I use a fixed lot size instead of Automatic Risk?
Yes, by changing the Risk Type and specifying a value in the Lots (Fixed) setting, the EA can operate with fixed position sizes.
❓ Is Market Anomalies EA suitable for prop firm accounts?
Yes, the EA includes prop firm-oriented safety features such as Max Daily Loss % = 4.0 and optional Daily Drawdown Protection to help comply with funded account rules.










