EA Morpheus

$9.00

It works like a magic!

As a trader, I found this tool useful for spotting market trends and making informed decisions. The real-time data and clear chart patterns help identify potential trade opportunities.

Christina K

Verified Purchase

INSTANT DOWNLOAD!

Price: $9.00

Expert: EA Morpheus.ex4 v5.98 (Unlocked), EaMorpheusSettings.txt.

 

 

Breakout-Based Expert Advisor with Proven Performance and Smart Risk Management

This Expert Advisor is built on a powerful breakout strategy that detects market entry signals when the price breaks out of a defined range. It’s a reliable and time-tested system that aims to catch strong market moves while avoiding false breakouts.

Built on 15 Years of High-Quality Data

We’ve backtested the strategy using 15 years of historical data with 99.9% modeling quality. Only the most effective breakout signals were selected, and unreliable patterns were filtered out using advanced technical analysis. The result? A refined EA that focuses only on the best breakout setups.

Key Features:

  • Smart Signal Filtering: The EA automatically filters out weak or false breakouts, reducing the chances of bad trades.

  • Adaptive Trailing Stop: Dynamically adjusts the trailing stop to lock in profits based on market conditions.

  • Low-Risk Strategy: Uses a small Stop Loss to keep drawdowns minimal and protect your account.

  • Fully Automated: Once set up, it runs on autopilot and trades based on defined conditions—no manual intervention needed.

Live Performance Monitoring:

Track real-time results here:
🔗 View on MQL5

Recommendations for Best Performance

  • Broker: Choose one with low spreads and fast execution.

  • Pair/Timeframe: EURUSD on the M30 chart is recommended.

  • VPS: A reliable VPS ensures stable operation and minimal downtime.

Customizable Parameters:

Trade Settings:

  • Magic: Unique trade identifier.

  • Order Comment: Custom label for orders.

  • Slippage: Max slippage allowed for order execution.

  • Max Spread: Caps spread for trade entries.

  • Average Spread Ticks: Measures spread data for better trade timing.

  • Pending Order Filter: Automatically removes trades when spreads exceed limits.

Lot & Risk Management:

  • Fixed Lot: Set a specific lot size (when risk management is off).

  • Use Risk MM: Enables dynamic lot sizing based on account balance.

  • Percentage Risk: Controls how aggressively lot size scales with balance.

Exit & Safety Controls:

  • Take Profit / Stop Loss: Set in points for automated exits.

  • Breakeven Settings: Move stop loss to breakeven after a set number of pips.

  • Trailing Stop / Step: Automatically adjusts stop loss as price moves in your favor.

  • Slippage Protection: Closes trades during high slippage events.

  • Adaptive Trailing: Reacts to slippage and market changes in real time.

Advanced Trailing Options:

  • Correction Coefficient: Adjusts trailing sensitivity.

  • Time-Based Trailing: Analyzes price movement over time intervals for smarter trailing decisions.

Intraday Time Filters

Daily Trading Hours:

  • Use Time Filter: Enable trading only during set hours.

  • Server Time Settings: Syncs with your broker’s or system’s time.

  • Start/End Time: Define the daily trading window (hh:mm format).

Friday Session Control:

  • Friday End Time: Automatically stops trading at a specific time before the weekend.

If you’re looking for a breakout strategy that balances performance with risk control, this EA is an excellent choice for both novice and professional traders. With built-in safety measures, intelligent trailing logic, and a clear trading edge, you can trade confidently in today’s fast-moving forex markets.

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