Neon Trade EA MT5 (Latest version) – GroupBuy

🔢 Neon Trade EA MT5 – Complete Settings Guide & Parameter Explanation

Neon Trade EA MT5 is a multi-asset automated trading system developed for MetaTrader 5.

The EA supports Forex, Cryptocurrencies, Stocks, Indices, and Commodities while incorporating automatic lot sizing, martingale controls, symbol filtering, timeframe selection and adaptive risk management. It is designed to operate across multiple markets using dynamic calculations based on M1 volatility and account equity.

Neon Trade EA MT5 Settings

🔢 Neon Trade EA MT5 Settings Explained

Below are the details of the parameters in the advisor’s trading system settings table:

Neon Trade EA MT5 Settings Panel

Neon Trade EA MT5 Setting Panel

🔶 Main Settings

🔹 Mode (static settings/dynamic settings) = STATIC — Uses fixed predefined settings instead of dynamically downloading or updating parameters.

🔹 Sync with API = false — Disables synchronization with the external Neon Trade API server.

🔹 Instruments = DEFAULT — Uses the default instrument set configured by the EA.

🔹 API DOMAIN (add in terminal settings!) = https://neontrade.algowealthx.com — API server address used for synchronization and data exchange when API mode is enabled.

🔹 Read From Common Directory = true — Allows the EA to read configuration files from the MT5 Common Files directory.

🔹 Subfolder In Files Folder = WorkDirectory — Defines the working subfolder used for storing and reading EA-related files.

🔶 Adaptation Settings To Instrument Naming Rules

🔹 CURRENCIES Prefix = blank — No custom prefix is applied to currency symbols.

🔹 CURRENCIES Postfix = blank — No custom postfix is applied to currency symbols.

🔹 CRYPTO Prefix = blank — No custom cryptocurrency symbol prefix is specified.

🔹 CRYPTO Postfix = blank — No custom cryptocurrency symbol postfix is specified.

🔹 STOCKS Prefix = blank — No stock symbol prefix is configured.

🔹 STOCKS Postfix = blank — No stock symbol postfix is configured.

🔹 INDEX Prefix = blank — No index symbol prefix is specified.

🔹 INDEX Postfix = blank — No index symbol postfix is specified.

🔹 COMMODITIES Prefix = blank — No commodities symbol prefix is configured.

🔹 COMMODITIES Postfix = blank — No commodities symbol postfix is configured.

🔶 Time Zone Settings

🔹 Source Shift Hours = 0 — No time offset is applied to the source market data.

🔶 Trade Mode & Martingale Settings

🔹 Lot Mode = SIMPLE_LOT — Uses a simple lot-sizing method rather than advanced position scaling.

🔹 Martin Multiplier Steps Max = 5 — Limits martingale progression to a maximum of 5 multiplication steps.

🔶 Risk & Volume Settings

🔹 Auto Lot = true — Automatically calculates lot sizes according to account balance and risk settings.

🔹 CURRENCIES Middle % of Delta Equity Per M1 Bar (For ONE! Symbol) = 0.45 — Uses 0.45% equity adjustment factor for currency instruments.

🔹 CRYPTO Middle % of Delta Equity Per M1 Bar (For ONE! Symbol) = 0.45 — Uses 0.45% equity adjustment factor for cryptocurrency instruments.

🔹 STOCKS Middle % of Delta Equity Per M1 Bar (For ONE! Symbol) = 0.45 — Uses 0.45% equity adjustment factor for stock instruments.

🔹 INDEX Middle % of Delta Equity Per M1 Bar (For ONE! Symbol) = 0.45 — Uses 0.45% equity adjustment factor for index instruments.

🔹 COMMODITIES Middle % of Delta Equity Per M1 Bar (For ONE! Symbol) = 0.45 — Uses 0.45% equity adjustment factor for commodity instruments.

🔹 Deposit For ONE! Symbol = 100.0 — Allocates a reference deposit value of 100.0 for each traded symbol.

🔶 Effects Settings

🔹 Effect = NO_EFFECT — No additional position scaling or profit-enhancement effect is applied.

🔹 First % Of Price Step = 0.0 — Initial price-step percentage is disabled.

🔹 Next Step Multiplier = 1.0 — Additional steps use a neutral multiplier of 1.0.

🔶 Waiting Out Losses Mode

🔹 Linearization = false — Linearization mode for recovering losing trades is disabled.

🔹 Minutes Hold For Linearization = 144000 — Recovery hold period configured at 144000 minutes if linearization is enabled.

🔶 Other Settings

🔹 Stop Loss % Of Average M1 = 0 — No stop-loss percentage is applied based on average M1 volatility.

🔹 Take Profit % Of Average M1 = 0 — No take-profit percentage is applied based on average M1 volatility.

🔹 MAX Spread % Of Average M1 = 5000 — Maximum spread tolerance expressed as 5000% of average M1 movement.

🔶 Swap & Historical Data Settings

🔹 Swaps = ALL_SWAPS — Considers all available swap values during calculations.

🔹 History Days Window = 365 — Uses 365 days of historical market data.

🔹 Additional Profit Per Lot = 0.0 — No extra profit target is added per lot traded.

🔹 Orders Comment = Neon Trade — Custom comment attached to all orders opened by the EA.

🔶 Fighting The Obsolescence Of Settings

🔹 Days To Future = 365 — Forecast horizon used for future settings adaptation equals 365 days.

🔹 Days To Clear Outdated Files = 380 — Automatically removes outdated files after 380 days.

🔶 Filters

🔹 Include Instruments [EURUSD,GBPCHF … etc] = blank — No specific instrument inclusion list is defined.

🔹 Exclude Instruments [EURUSD,GBPCHF … etc] = blank — No instruments are excluded.

🔹 Exclude Currencies [EUR,JPY … etc] = blank — No currencies are excluded.

🔹 Direction For Instruments [EURUSD:long,GBPCHF:short … etc] = blank — No symbol-specific directional bias is configured.

🔹 Start Hour Of The Forbidden Interval For Opening And Closing = 0 — No restricted trading interval start hour is defined.

🔹 Start Minute Of The Forbidden Interval For Opening And Closing = 0 — No restricted trading interval start minute is defined.

🔹 End Hour Of The Forbidden Interval For Opening And Closing = 0 — No restricted trading interval end hour is defined.

🔹 End Minute Of The Forbidden Interval For Opening And Closing = 0 — No restricted trading interval end minute is defined.

🔶 Allowed Timeframes

🔹 Allow Trading With H4 Chart Period = true — Trading is allowed on the H4 timeframe.

🔹 Allow Trading With H1 Chart Period = true — Trading is allowed on the H1 timeframe.

🔹 Allow Trading With M30 Chart Period = true — Trading is allowed on the M30 timeframe.

🔹 Allow Trading With M15 Chart Period = true — Trading is allowed on the M15 timeframe.

🔹 Allow Trading With M5 Chart Period = true — Trading is allowed on the M5 timeframe.

🔶 Trade Direction Controls

🔹 Allow BUY Trades = true — The EA can open Buy positions.

🔹 Allow SELL Trades = true — The EA can open Sell positions.

🔶 Multiple Signals Within One Account

🔹 EA Index [0..1..2…n] = 0 — Unique instance identifier for this EA installation.

🔹 EA Count [1..2..3…n+1] = 1 — Total number of Neon Trade EA instances operating on the account.

🔢 Conclusion

Neon Trade EA MT5 is a highly flexible multi-market trading solution that supports Forex, Crypto, Stocks, Indices, and Commodities. With automatic lot sizing, configurable martingale controls, extensive filtering options, and broad timeframe compatibility, the EA provides traders with a scalable framework for automated portfolio trading. Its ability to adapt across different asset classes makes it suitable for diversified trading strategies on MetaTrader 5.

🔢 FAQs

❓ What markets can Neon Trade EA MT5 trade?
Neon Trade EA MT5 supports currencies, cryptocurrencies, stocks, indices, and commodities.

❓ Does Neon Trade EA MT5 use automatic lot sizing?
Yes, the current configuration has Auto Lot = true, enabling automatic position-size calculations.

❓ What is the purpose of the SIMPLE_LOT mode?
SIMPLE_LOT uses straightforward position sizing without advanced scaling or complex money-management formulas.

❓ Can Neon Trade EA MT5 trade both Buy and Sell positions?
Yes, both Allow BUY Trades = true and Allow SELL Trades = true are enabled.

❓ What does Martin Multiplier Steps Max = 5 mean?
It limits the martingale progression to a maximum of 5 consecutive multiplier steps, helping control risk exposure during losing sequences.