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Galaxy 5 EA - multi-currency MT4/MT5 robot free download

Published: 06.10.2023
Reading time: 25 minutes
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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.

Backtests

I have performed 3 tests on historical tick data from the beginning of 2015. It is good that today MT5 allows you to perform such multi-currency tests. But, of course, I could have limited myself to one test, but I still made three tests to understand how significant it is to set the Galaxy EA on a currency pair other than NZDCAD.

2015-2023 NZDCAD H1 galaxy-5-ea-backtest-2015-2023-nzdusd

2015-2023 EURCAD H1 galaxy-5-ea-backtest-2015-2023-eurcad

2015-2023 EURCHF H1 galaxy-5-ea-backtest-2015-2023-eurchf

As you can see, the results of the tests do not differ much from each other. This suggests that the EA will work correctly when installed on any of the eight pairs.

Statistical information for 8 years galaxy-5-ea-statistical-information-for-8-years

Video with visualization of the Galaxy 5 EA test:

Input Parameters

Each version of the Expert Advisor for MT4 and MT5 has its own Set file in the archive. And in principle with these settings the Expert Advisor works stably and there is no need to change anything there. But if there is still a desire, here is a complete list of input parameters of the Galaxy 5 EA:

View all EA settings

galaxy-5-ea-input-parameters

  • Magic Number: An exclusive identifier assigned to the EA's trades.
  • Currency Pair: The specific currency pair targeted for EA trading.
  • Expert Comment: A customizable annotation attached to each trade for reference.
  • Prefix Suffix: Customizable prefixes or suffixes appended to the currency pair name.
  • Auto Lot: Activates automatic lot size calculation based on the account balance.
  • Risk: Determines the percentage of the account balance at risk for each trade.
  • Fixed Lot: Specifies a fixed lot size to be employed when Auto Lot is deactivated.
  • Minimum Lot: Establishes the minimum allowable lot size for EA usage.
  • Maximum Lot: Sets the upper limit for lot sizes available for EA deployment.
  • Take Profit Multiplier: Multiplier applied to determine the take profit distance.
  • Stop Loss Multiplier: Multiplier used to calculate the stop loss distance.
  • Maximum Spread in Points: The highest acceptable spread in points for initiating a trade.
  • Trading Start Time: Designates the starting time of day when the EA commences trading.
  • Trading End Time: Indicates the time of day when the EA concludes trading activities.
  • Trading on Fridays: Toggle to enable or disable trading on Fridays.
  • Single Order per Pair: Restricts the EA to maintain only one active trade per currency pair.
  • FTMO Randomizer: Activates a random delay in trade execution to evade detection by FTMO's funding program.
  • Maximum Drawdown for Closure: Initiates the closure of all open trades when the account drawdown reaches a predetermined percentage.
  • Trailing Stop Loss Distance in Pips: The specified distance in pips that triggers the activation of the trailing stop loss function. When set to 0, this function is deactivated.

For smooth operation of the Galaxy 5 Expert Advisor you will need a reliable VPS server and, of course, I recommend that you install it on a demo for at least a month before you move it to a real trading account.

In the archive Galaxy_5_EA.rar (891.6 KB):

  • Galaxy 5 1.0 MT4.ex4
  • Galaxy 5 1.0 MT5.ex5
  • Galaxy PROP MT4.set
  • Galaxy PROP MT5.set

Free Download Galaxy 5 EA

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Author:
Daniel
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Comments:
  • Thong
    Published: 04.11.2023 Reply to the message

    Do you have version 1.61?

  • Gary
    Published: 14.11.2023 Reply to the message

    Unable to download the the files, can you send me another link? Also, do you provide updated version as apparently the the newest version is now 1.61 on MQL5.

    Gary

  • sanjay singh
    Published: 03.12.2023 Reply to the message

    i am not able to download any of your EA

    • Daniel
      Published: 03.12.2023 Reply to the message

      Can't download from both of the links? Then I'm sorry, of course *PARDON*

  • Andreas
    Published: 03.01.2024 Reply to the message

    Hello.

    I have this ea now for mt5. In the discription i should install the ea at one chart window h1. I opened the other remaining 7 currency pairs. It is necessary to install the ea on just one of 8 chartwindows or at each? That is not clear to me. I installed it on each of 8. Very low amount of trades. Now i got the first eurchf but opened 6 times. =-O . Why? In settings the ea should just open 1 trade per pair. Is it because installed 8 times? But why then not 8 open trades, but 6? I am confused. Please help

    • Daniel
      Published: 04.01.2024 Reply to the message

      This is a multi-currency EA and therefore it is only set to one pair. But if you set it on all 8 pairs, I don't think it will affect its performance.

  • korosh
    Published: 05.04.2024 Reply to the message

    why my back test is so different from yours whit negative slop?

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