Relax Eurusd M5 EA is a robot created in March 2020 by German developer Raphael Schwietering. Raphael Schwietering is a prolific creator of automated trading tools, and many of them are available on the MQL market. Relax is a high-class expert automated consultant who is fully optimized for the future market in the EURUSD and M5 time frames. It is specially designed for the latest market situations. It’s working with its own complex algorithm combined with some indicators to get entry and exit opportunities.
The entry and exit logic only work in Bar Close. This filters out market noise, dramatically accelerates optimizations, prevents hunting for loss of stop, and ensures proper operation in any runner with a reasonable length. The robot uses a last generation algorithm to detect entry points as well as several additional filters to enter and exit the market.
The expert was tested with high-quality historical data with exceptional results. The tests made by the developer were performed with the actual tick date with 99.90% accuracy, actual propagation, additional slip, and high commission. This tool does not use toxic or dangerous strategies, No grid, no martingale, no arbitrage, no tick pull, and no curve adjustment. 1 year 99% test quality with one lot size.
- Backtest Method Faster with Model: Open Prices Only.
- There is no need for optimization.
- Optional TP /SL Basket function for daily earnings.
- When TP or SL Basket came to stop and start the next day a new session.
- Best optimized for real market situations.
Relax EUR/USD M5 EA Features
- Works with 4-5 digit quoted brokers.
- Propagation filter.
- Equity Stop.
- Protection of reduction.
- Takeprofit Basket Function.
- Stop-loss basket function.
- Stop trading the Rest of the day TP/SL Basket Reached.
- Quick buttons to close open commands.
- Info panel with EA information.
- 5 Types of Money Management.
- Negotiating times are adjustable.
- Advanced algorithm to get in and out of the market.
Deadline: M5 – It is not recommended to use other deadlines for this robot, as they can only compromise the accuracy of operations.
SYMBOLS: EURUSD – This robot has not been used in other currency pairs.
-Before using real money, test the advisor with minimal risk on the penny trading account or demo account.
-Use VPS or server with minimal network delays on the broker server. If you do not have a server, you must keep your computer on 24/7.
-Low spreads + low commission + quality execution – this is the main thing when choosing a broker for trading, besides offering us a low latency so that the orders are executed as quickly as possible.
-Account coverage is allowed.
-Leverage recommended 1:100.
In conclusion, we are again faced with an EA of which the developer provides us with very little information, and besides, being a tool of very recent creation, we do not have user comments about its functioning and experiences with it.
We will always recommend downloading the free demo version to know how this EA works and verify that the results are as good as those shown by the creator in a screenshot. We are not available to see this EA work in an audited real account as would be desirable.
Relax Eurusd M5 EA is for sale on the MQL market at a price of 349 USD and is also available as a rental version at a price of 299 USD for use for 1 year.