Galaxy 5 EA - multi-currency MT4/MT5 robot Trading Profitable (Roboforex, XM, FTMO...)
Galaxy 5 EA is a multi-currency trading robot for MT5 and MT4, which, as always on our website, can be downloaded absolutely free. The EA is interesting in terms of impressive profits, which are accompanied by a small drawdown, making it a relatively safe automated trading tool. Does not use dangerous trading methods such as martingale, grid and so on. It works in the style of day trading based only on technical analysis.
Сharacteristics of the Galaxy 5 EA
- Official website: mql5.com
- Platform: Metatrader5
- EA version: 1.0
- Currency pairs: NZDCAD, EURCAD, USDCHF, AUDUSD, CADJPY, EURCHF, EURJPY и GBPNZD
- Trading Time: Default 1:00 - 23:00 GMT (can be changed in the settings)
- Timeframe: H1
- Minimum account balance: $500 (or 500 USD cents)
- Recommended broker: Roboforex, XM, FTMO
How the EA works
According to the developer's assurance, the Expert Advisor uses a super modern system with support and resistance, trend and volume indicators in its analysis. This allows it to trade smartly and safely, without exposing your balance to high risk. The EA does not use high risk money management techniques such as Martingale, grid and etc. Even scalping is bypassed by this Expert Advisor. Therefore, you may think that the Expert Advisor trades rarely, which is indeed the case.
The Expert Advisor is multi-currency and simultaneously analyzes and uses 8 currency pairs (NZDCAD, EURCAD, USDCHF, AUDUSD, CADJPY, EURCHF, EURJPY and GBPNZD), so you only need to install it on one chart NZDCAD H1, but all pairs specified in the settings will be used in trading.
Galaxy 5 can trade either fixed lot or using Auto lot, which will be calculated proportionally to your account balance, which will definitely affect higher profits in trading.
One of the innovative features of this tool is the FTMO Randomizer. It introduces a random delay into the trade execution process, specifically designed to go undetected by the FTMO funding program. This may be of particular interest to traders participating in the FTMO Challenge or considering doing so.
The robot is based only on technical analysis and does not take into account fundamental factors (news, important events and other external factors) in the calculation, which can definitely affect its performance. Although in a later version the developer added a news filter, my version does not have it, so I would refuse to disable the adviser's operation during such periods manually or use IceFX NewsInfo for this.