Cherry Red FX EA MT5 (Official version) | GroupBuy

What is Cherry Red FX EA MT5?

Cherry Red FX is a professional Expert Advisor (EA) designed for trading USDJPY on the H1 timeframe. The EA combines advanced algorithmic strategies with dynamic market analysis to optimize trade execution and adapt to changing market conditions. With a strong focus on structured risk management and efficiency, Cherry Red FX provides traders with a disciplined, automated, and reliable approach to trading the USDJPY currency pair.

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About the Developer

• Author: Michael Prescott Burney
• Experience: Over +1 years of experience on MQL5.
• Notable Products: Cherry Red FX, One Sauce FX, Yellowstone FX, Worlds FX, Poltergeist EA and other advisors.
• Flagship Product: Cherry Red FX EA MT5 is rated as the best performing product of the year.

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Cherry Red FX EA MT5 Overview

Key Features of Cherry Red FX EA MT5

• Optimized for USDJPY on the H1 timeframe.
• Advanced algorithmic trading combining multiple indicators for precise entries.
• Structured risk management with dynamic stop-loss and trade sizing.
• Data-driven execution to adapt to varying market conditions.
• Dynamic Lot Sizing (DOLLAR-based) for customizable risk control.
• Minimal manual intervention, fully automated trading solution.

Additional Features of Cherry Red FX EA MT5

• Built-in spread and position filters to avoid unfavorable market conditions.
• Limited exposure defaults for marketplace validation and safe testing.
• Designed for stability across long-term H1 trading.
• Can be tailored to both retail traders and prop firm conditions.
• Compatible with various account types, automatically adapting to broker conditions.

Why choose Cherry Red FX EA MT5?

• Provides a reliable, structured approach to USDJPY trading.
• Balances precision trade execution with strong risk management.
• Reduces emotional errors by automating trading with algorithmic intelligence.
• Ideal for traders seeking consistent performance with minimal oversight.
• Built for long-term stability and adaptability in changing forex conditions.

Cherry Red FX EA Backtest and Live Results

Cherry Red FX EA Backtest Results

What’s Included in the Download Package?

• Setting (If Any).docx
• Installation Guide.docx

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Conclusion

In summary, Cherry Red FX EA MT5 is a professional, fully automated trading system for USDJPY on the H1 timeframe. Utilizing advanced algorithmic strategies, dynamic lot sizing, and structured risk management, it adapts to changing market conditions while minimizing risk. Backtests show $3,000 turning into $29,100 with a 99.64% win rate and only 1.80% drawdown, demonstrating long-term reliability and consistent performance. Designed for both retail and prop firm traders, Cherry Red FX provides precision, automation, and disciplined trading without emotional bias.

>>> Reviewed by Jason Stap