Introduction
Are you tired of staring at charts all day, hoping to catch the next big move? Glory Victory EA V1.0 MT5 could be your game-changer… This fully automated MT5 expert advisor takes the grunt work out of trading, so you don’t have to babysit your positions. Designed for traders who want consistent, hands-off performance, Glory Victory EA blends trend-following logic with dynamic risk controls. Let’s dive in and see why this Forex EA might be the tool you’ve been waiting for.
Overview
Glory Victory EA V1.0 MT5 is built around a simple yet powerful concept: follow the trend, manage risk, and let the algo do the rest. At its core, this MT5 expert advisor scans your chosen currency pairs for moving average crossovers, verifies momentum with an oscillator filter, then executes trades with built-in stop loss and take profit parameters. You’ll find it’s suitable for both scalping and swing trading on timeframes from M15 to H4—tho most users report best results on M30. And yeah, it’s customizable: tweak your lot sizing, risk-reward ratio, or trend sensitivity to suit your style.
Key Features
- Fully Automated Trading – No manual intervention required; trades open and close by the EA logic.
- Trend-Following Signals – Uses MA crossovers combined with RSI confirmation for higher-probability entries.
- Dynamic Risk Management – Adjustable stop loss, take profit, and optional trailing stop.
- Lot Size Automation – Scale lot sizes based on account balance or fixed risk percentage.
- Multi-Pair Compatibility – Optimized for EURUSD and GBPUSD, but works on all major pairs.
- Timeframe Flexibility – Runs on M15, M30, H1, and H4 charts.
- User-Friendly GUI – Displays open trades, profit/loss, and entry/exit markers directly on chart.
- Alert System – Notifies you via MT5 alerts when trades are triggered or closed.
Strategy & Risk Management
At the heart of Glory Victory EA is a trend-following strategy: when the fast moving average crosses above the slow one, the EA looks to RSI to confirm momentum isn’t overbought. If conditions align, it opens a buy trade with a predefined stop loss and take profit. Sell signals work the opposite way. What sets this MT5 expert advisor apart is its dynamic risk layer: you can choose a fixed pip SL/TP or let the EA calculate levels based on recent volatility. There’s even an optional trailing stop that kicks in once a trade is in profit, locking in gains… no more watching the market 24/5.
Recommended Settings
- Minimum Deposit: $100–$300
- Currency Pairs: EURUSD, GBPUSD
- Timeframe: M30 (default)
- Lot Sizing: 1%–2% risk per trade
- Stop Loss / Take Profit: 30 / 60 pips (modifiable)
- Trailing Stop: 20 pips (optional)
- Magic Number: Unique per chart to avoid conflicts
Feel free to adjust these settings based on your risk tolerance and account size. The beauty of the Glory Victory EA is its flexibility—coz you’ll want to fine-tune for your own portfolio.
Backtesting & Live Results
In backtests spanning 2018–2024 on EURUSD (M30), Glory Victory EA delivered an average annual return of 12% with max drawdown under 8%. The equity curve is impressively smooth, thanks to disciplined exit rules and the trailing stop feature. In a live demo account monitored for three months, the EA achieved a 9% net gain with fewer than 0.5% drawdown—proof that the strategy holds up in real-time conditions. Of course, past performance isn’t a guarantee, but these results show you what a well-coded trend-following EA can do.
Installation & Setup
- Download the
GloryVictoryEA.ex5file. - Copy it into your MT5’s
MQL5/Expertsfolder. - Restart the MT5 terminal or hit “Refresh” in Navigator.
- Attach the EA to an M30 EURUSD or GBPUSD chart.
- Load the recommended settings file (
.set) via the EA’s Inputs tab. - Enable “Allow Algo Trading” and “Live Trading” in MT5.
You’ll see arrows marking entry and exit points, along with an info panel showing current profit/loss. It’s literally plug-and-play.
Disclaimer & Conclusion
Glory Victory EA V1.0 MT5 is a powerful tool, but remember: no EA works in every market condition. Past performance doesn’t guarantee future results… always demo-test before going live. Adjust settings, monitor performance, and use proper money management. If you’re ready to step up your game, give this trend-following Forex EA a spin.
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