An Easier Way to Trade EA is a free automated Swing Trader for MT5, designed to simplify your trading experience. It operates using price action and the behavior of Moving Averages (MAs) in the market. However, it doesn’t trade every day, so don’t worry if it doesn’t open any trades for a week.
One of the standout features of this EA is its ability to generate profits, even with small deposits, while maintaining a low maximum drawdown. It avoids risky strategies like martingale or grid trading, and all trades are safeguarded by Stop Loss and Take Profit levels. You can choose between trading with a fixed lot size or enabling the auto lot feature, which automatically adjusts trade size. Additionally, the EA limits its activity to no more than two open trades at any given time.
Although the EA handles trading automatically, you’ll still need to actively manage it. It’s important to close all trades and turn off the EA at the end of each week, as part of regular risk management.
This isn’t a fast-profit EA; it typically generates a steady monthly return of 3-8% with low drawdown, focusing on consistent performance.
Recommendations for Swing Trader EA:
Minimum account balance of $100.
Best pairs: AUD/CAD, AUD/JPY, EUR/AUD, EUR/CHF, EUR/NZD, GBP/AUD, GBP/USD, NZD/CAD, USD/CAD (though it works on any pair).
Best suited for H1 timeframes (works on any timeframe).
The EA’s default settings may not yield optimal results, so it’s recommended to use the provided “.set” file.Avoid holding trades over the weekend.
Close all positions, whether positive or negative, by Friday afternoon and turn off the EA.
A zero-commission account is recommended (choose your broker accordingly).
Recommend running this free forex EA on a VPS (Vultr)Low Spread ECN account is also recommended Icmarket and Exness