Quantum iGold MT5 EA
Quantum iGold MT5 + SetFiles (Official version) | GroupBuy Price range: $65.00 through $599.00
Back to products
H4 Gold Scalper EA MT5
H4 Gold Scalper EA MT5 v1.5 with SetFiles | Unbounded Original price was: $300.00.Current price is: $89.00.

Chiroptera MT5 v3.2 with SetFiles | Unbounded

Chiroptera MT5 is a multi-currency trading EA that delivers high performance through an adaptive self-learning mechanism,with profitability verified by Myfxbook

Original price was: $899.00.Current price is: $89.00.

62 People watching this product now!
  • Unlimited Activations

You can use product with unlimited account

 

  • Instant delivery

Download link will be sent instantly after purchase

 

  • Easy to install

Pre-activated, ready to use immediately

 

  • Free Update
  • Free Install Support

Payment Methods:

Description

Product Overview

Chiroptera MT5 is an advanced multi-currency Expert Advisor for MetaTrader 5 designed to trade multiple Forex pairs during carefully selected quiet market hours. Unlike aggressive automated trading systems, Chiroptera uses a non-martingale, non-grid trading approach, placing individual trades with strategically calculated Take Profit and Stop Loss levels.

The EA is designed to reduce exposure during the busiest and most unpredictable periods of the trading day. It continuously evaluates market volatility, broker price feeds, spreads, trading volume, price spikes, upcoming news, historical news impacts, and holiday schedules before determining whether trading conditions are suitable.

Chiroptera can monitor a broad portfolio of currency pairs from a single chart and uses an adaptive learning algorithm to identify which symbols are performing most effectively for a specific broker. This broker-specific approach allows the EA to dynamically optimize asset allocation rather than treating every currency pair equally.

The system is also designed with prop firm trading in mind, although traders should always verify the individual rules of their chosen prop firm before using any automated strategy.

About the Developer

  • Author: Rob Josephus Maria Janssen
  • Experience: Over +1 years of experience on MQL5.
  • Notable Products: Chiroptera MT5 and other advisors.
  • Flagship Product: Chiroptera MT5 is rated as the best performing product of the year.

Join our Channel Telegram <<<

Chiroptera EA MT5 Overviews

Chiroptera MT5 Overviews

Main Features Of Chiroptera MT5

Chiroptera MT5 combines several advanced technologies and risk controls into one automated trading system.

1. Multi-Currency Trading

Chiroptera can operate across a diversified portfolio of Forex pairs, including:

  • EURUSD
  • GBPUSD
  • AUDCAD
  • AUDNZD
  • EURAUD
  • EURCAD
  • GBPAUD
  • GBPCAD
  • EURCHF
  • GBPCHF
  • USDJPY
  • EURJPY
  • USDCAD
  • EURGBP
  • USDCHF
  • CADCHF
  • CHFJPY
  • AUDJPY
  • AUDCHF
  • AUDUSD
  • GBPJPY

The EA can be attached to a single chart while managing multiple supported currency pairs automatically.

2. Non-Martingale Trading

Chiroptera does not use martingale position doubling. Trade sizes are controlled through the RiskFactor or StaticLotsize parameters, helping traders avoid the exponential exposure associated with traditional martingale systems.

3. Non-Grid Strategy

The EA does not depend on conventional grid trading or progressively accumulating losing positions. Instead, it focuses on individual trade opportunities with predefined and dynamically managed exits.

4. Quiet-Hours Trading

Chiroptera only trades for approximately 2–3 hours per day during selected quieter market periods. Outside its active trading window, capital remains out of the market rather than being continuously exposed to price fluctuations.

5. Intelligent News Monitoring

The system connects to a live news server and evaluates both historical and upcoming economic events. This allows Chiroptera to identify periods when major announcements could create abnormal market conditions.

6. Adaptive Learning Algorithm

An advanced time-exponentially weighted learning algorithm evaluates historical trading performance to determine which currency pairs are most suitable for the current broker.

The system can therefore adapt its asset allocation instead of permanently trading every available symbol with equal priority.

7. Limit-Order Execution

Chiroptera uses strategically calculated limit orders rather than relying exclusively on immediate market execution. This is designed to reduce the impact of execution delays and slippage.

8. Real-Time MT5 Notifications

Users can receive performance notifications through the MetaTrader 5 mobile application, including information related to slippage and margin levels.

Dynamic Trade Management

Chiroptera MT5 does not use dynamic grid management because it is specifically designed as a non-grid Expert Advisor.

Instead of opening multiple positions at progressively different price levels, Chiroptera focuses on single-position trade execution with strategically placed entry, Take Profit, and Stop Loss levels.

This approach eliminates the need for traditional grid recovery mechanisms and avoids the increasing market exposure that can occur when a grid system continues adding positions against an adverse price movement.

The EA instead concentrates on:

  • Individual trade opportunities
  • Tactical limit-order placement
  • Dynamic Stop Loss and Take Profit management
  • Volatility analysis
  • News filtering
  • Broker-specific pair selection
  • Adaptive position sizing

This makes Chiroptera fundamentally different from conventional grid and martingale-based Forex robots.

Secondary Features

In addition to its core trading technology, Chiroptera includes several useful operational features.

Broker-Specific Price Feed Analysis

The EA analyzes incoming broker price information to determine optimal order placement while accounting for differences in broker spreads and execution conditions.

Real-Time Volatility Monitoring

Chiroptera monitors price behavior, volume information, and unusual price spikes to identify unexpected market disturbances that may not appear in scheduled economic calendars.

Holiday Detection

The system monitors holidays and can block trading when market conditions around holidays are considered unsuitable.

Spread Protection

The MaxSpreadPts parameter allows traders to prevent new trades when the broker’s spread exceeds a specified threshold.

Profit-to-Swap Protection

The MinProfitToSwapRatio parameter helps ensure that the potential trade profit is sufficiently large relative to the expected swap cost.

Slippage Notifications

Users can configure the SlippageNotifyThreshold to receive mobile notifications when negative entry or exit slippage exceeds the selected level.

Margin Monitoring

Chiroptera can notify traders when the account’s margin level falls below a predefined threshold.

Detailed Backtest Reports

The EA can print detailed session and adaptive performance information, allowing traders to analyze its behavior during Strategy Tester runs.

How Does Chiroptera MT5 Works?

Chiroptera follows a multi-stage process to identify and manage trading opportunities.

Step 1: Market Monitoring

The EA continuously evaluates its supported currency pairs and monitors the incoming broker price feed.

Step 2: Volatility Analysis

Real-time price movements, volume behavior, and unusual spikes are analyzed to identify potentially abnormal market conditions.

Step 3: News and Holiday Filtering

Chiroptera checks relevant historical and upcoming news events as well as market holidays. Pearson correlation calculations are used to evaluate potential relationships between news events and subsequent market behavior.

Step 4: Pair Selection

The adaptive learning system evaluates historical performance and determines which symbols are currently more favorable for the specific broker.

Step 5: Limit-Order Placement

When suitable conditions are identified, Chiroptera calculates an appropriate limit-order level based on the broker’s price feed and current market conditions.

Step 6: Trade Management

After execution, the EA manages the position using Take Profit and Stop Loss logic while continuously evaluating market conditions.

Step 7: Risk and Execution Monitoring

The system monitors spread, slippage, margin levels, news conditions, and other factors that could negatively affect trade execution.

Step 8: Adaptive Learning

The algorithm continually learns from historical performance and updates its understanding of which currency pairs and conditions are most effective.

Risk Management

Risk management is an important component of Chiroptera MT5.

The RiskFactor parameter determines the approximate position size relative to account balance. According to the provided settings:

  • RiskFactor 0.5–1.0: Generally considered safer
  • RiskFactor 2: Medium risk
  • RiskFactor 3: High risk
  • Maximum RiskFactor: 3

For example, with a RiskFactor of 1.0 and a $100,000 account, the stated formula targets an average position size of approximately 1.0 lot per pair, depending on the relevant contract specifications.

Users can alternatively enable StaticLotsize to override the dynamic RiskFactor calculation and specify a fixed average lot size.

Additional risk-control parameters include:

  • Stop Loss configuration
  • Maximum spread protection
  • Minimum profit filters
  • Profit-to-swap ratio protection
  • Profit-to-commission filtering
  • Margin-level notifications
  • Slippage alerts
  • News blocking
  • Holiday blocking
  • Temporary Stop Loss removal during periods of unusually high spread

Recommended Risk Approach

For traders prioritizing consistency, the developer recommends avoiding configurations designed to generate more than 25% monthly profit. Higher return targets generally require greater risk and may be less suitable for conservative or prop-firm-oriented trading.

Chiroptera MT5 Performance Review

🟢Verified Profitable By MyFxBook 

  • Initial Deposit: €242,77
  • Total Gain: +624,02%
  • Average Daily Profit: 1,29%
  • Average Monthly Profit: 49,44%
  • Maximum Drawdown: 17,96%
Chiroptera EA MT5 MyFxBook 

Chiroptera MT5 MyFxBook

🟢Live Account Results (16 consecutive weeks)

  • Initial Deposit: 242,77 EUR
  • Growth Rate: +134%
  • Win Rate (% of total): 77,5%
  • Maximum Drawdown: 39.5%
Chiroptera MT5 Signal Results

Chiroptera MT5 Signal Results

🟢Backtest Results (11 Months)

  • Initial Deposit: $10,000
  • Total Net Profit: $196.348,75
Chiroptera EA MT5 Backtest

Chiroptera EA MT5 Backtest

High-Risk Techniques Not Used

Chiroptera distinguishes itself from many aggressive Forex EAs by avoiding several commonly used high-risk mechanisms.

❌ No Martingale

The EA does not double or exponentially increase lot sizes after losing trades.

❌ No Grid Trading

Chiroptera does not continuously add positions at predefined price intervals to recover floating losses.

❌ No Continuous Market Exposure

The EA does not trade throughout the entire day. Its active trading period is limited to selected quiet hours.

❌ No Dependence on Ultra-Low-Latency VPS

Because Chiroptera uses strategically placed limit orders, the system is designed to reduce dependence on extremely low-latency execution infrastructure.

❌ No Blind News Trading

Rather than simply trading every scheduled news release, the EA evaluates historical and upcoming news conditions before determining whether trading should be blocked.

GMT Configuration

  • Chiroptera EA MT5 includes an automatic GMT-offset mechanism designed to simplify time-zone configuration.
  • The UseGoldForGMTOffset parameter allows the EA to automatically determine the broker’s GMT offset using Gold market information.

The default setting is:

  • UseGoldForGMTOffset = true
  • Users normally do not need to manually configure the GMT offset. If an unexpected error occurs, the developer recommends disabling this option and reporting the issue.
  • This automatic approach helps the EA maintain its intended trading schedule across different brokers and server-time configurations.

Why Choose Chiroptera MT5?

1. Multi-Currency Portfolio

Chiroptera can analyze and trade a broad range of Forex pairs, creating a diversified automated trading environment.

2. Non-Martingale Architecture

The absence of martingale and grid recovery mechanisms makes the strategy structurally different from many high-risk Forex robots.

3. Limited Daily Exposure

Trading is concentrated into approximately 2–3 hours per day, keeping the account outside the market during many potentially volatile periods.

4. Advanced News Protection

The combination of live news monitoring, historical event analysis, holiday detection, and real-time market monitoring provides additional protection against abnormal conditions.

5. Broker-Specific Adaptation

Its adaptive learning system evaluates historical performance to identify which currency pairs are most suitable for a particular broker.

6. Intelligent Execution

Limit-order technology is designed to improve entry positioning and reduce unnecessary execution impact.

7. Prop-Firm-Oriented Design

The EA is presented as Prop Firm Ready, making its controlled exposure and non-martingale architecture potentially attractive to traders evaluating automated strategies for funded accounts. However, every prop firm’s EA, news-trading, holding-time, and risk rules should be checked individually.

What’s Included in the Download Package?

  • Experts
    • Chiroptera EA v3.2.ex5
  • SetFiles
    • Guide.txt
    •  Chiroptera_Lowrisk.set
    •  Chiroptera_Mediumrisk.set
    •  Chiroptera_Highrisk.set

>> Join VIP Membership Now <<<

Final Thoughts

Chiroptera MT5 is a sophisticated automated Forex trading system built around multi-currency trading, adaptive learning, intelligent execution, news filtering, volatility monitoring, and controlled market exposure.

Rather than relying on martingale or grid recovery strategies, Chiroptera focuses on individual trades and strategically selected trading windows. Its ability to evaluate broker-specific historical performance and dynamically determine which currency pairs are most favorable gives the system an additional layer of adaptability.

Another important advantage is its limited daily market exposure. By concentrating trading activity into quiet hours and remaining inactive during many of the busiest market periods, Chiroptera aims to reduce unnecessary exposure to unpredictable volatility.

The 60-day learning behavior in backtests is particularly important to understand. The initial period is designed for adaptive optimization and typically uses minimum lot sizes, while live accounts can use the developer’s pre-learned parameters.

Overall, Chiroptera MT5 is designed for traders seeking a more controlled, diversified, and technology-driven approach to automated Forex trading without relying on traditional martingale or grid strategies. As with any automated trading system, proper broker selection, conservative risk settings, forward testing, and compliance with account or prop-firm rules remain essential.

>> Reviewed by Jason Stap <<<

FAQs

FAQs

1. What is Chiroptera MT5?

Chiroptera MT5 is an advanced multi-currency Expert Advisor for MetaTrader 5 designed to trade Forex pairs during carefully selected quiet market hours. The EA uses a non-martingale, non-grid trading approach, combined with adaptive learning, news monitoring, volatility analysis, broker-specific pair selection, and strategically placed limit orders.

2. How does Chiroptera MT5 work?

Chiroptera monitors supported Forex pairs, analyzes broker price feeds, volatility, volume, price spikes, spreads, news events, and holiday conditions before identifying potential trading opportunities. Its adaptive learning algorithm evaluates historical performance to determine which currency pairs are currently more suitable for the specific broker. When conditions are favorable, the EA can place strategically calculated limit orders with Take Profit and Stop Loss management.

3. Does Chiroptera MT5 use grid or martingale strategies?

No. Chiroptera MT5 is specifically designed as a non-grid and non-martingale Expert Advisor. It does not double lot sizes after losses or continuously add positions at different price levels to recover floating losses. Instead, the system focuses on individual trades, tactical limit-order placement, controlled position sizing, and predefined trade-management rules.

4. How many currency pairs can Chiroptera MT5 trade?

Chiroptera can monitor and trade a broad portfolio of supported Forex pairs, including EURUSD, GBPUSD, AUDCAD, AUDNZD, EURAUD, EURCAD, GBPAUD, GBPCAD, EURCHF, GBPCHF, USDJPY, EURJPY, USDCAD, EURGBP, USDCHF, CADCHF, CHFJPY, AUDJPY, AUDCHF, AUDUSD, and GBPJPY. The EA can be attached to a single MT5 chart while managing multiple supported symbols automatically.

5. Does Chiroptera MT5 trade throughout the entire day?

No. Chiroptera is designed to operate during selected quiet market hours, typically trading for approximately 2–3 hours per day. Outside its active trading window, the EA remains inactive. This limited exposure is intended to reduce participation during some of the busiest and potentially more unpredictable periods of the trading day.

6. Does Chiroptera MT5 have automatic risk management?

Yes. Chiroptera includes several risk and execution controls, including the RiskFactor parameter, optional StaticLotsize, maximum spread protection, Stop Loss management, minimum profit filters, profit-to-swap and profit-to-commission protections, news and holiday blocking, margin monitoring, and slippage notifications. The supplied settings describe RiskFactor 0.5–1.0 as generally safer, RiskFactor 2 as medium risk, and RiskFactor 3 as high risk.

7. What are the performance results of Chiroptera MT5?

The supplied performance data includes a MyFxBook account with a €242.77 initial deposit, +624.02% total gain, 1.29% average daily profit, 49.44% average monthly profit, and 17.96% maximum drawdown. A separate 16-week live result reports +134% growth, a 77.5% win rate, and 39.5% maximum drawdown. An 11-month backtest with a $10,000 initial deposit reports $196,348.75 total net profit. These historical and live results do not guarantee future performance.

8. Is Chiroptera MT5 suitable for Prop Firm accounts?

Chiroptera is presented as Prop Firm Ready and its non-martingale, non-grid structure, limited daily exposure, news filtering, and risk controls may make it interesting for funded-account traders. However, Prop Firm rules can differ significantly regarding Expert Advisors, news trading, holding periods, automated strategies, drawdown, and risk limits. Traders should always verify the specific rules of their chosen Prop Firm before using Chiroptera on a funded account.

Specification

Technical Details

Trading platform

MetaTrader 5 (MT5)

Time frames

Any

Currency pairs

21 currency pairs

Product type

Official version

Customer Reviews

0 reviews
0
0
0
0
0

There are no reviews yet.

Be the first to review “Chiroptera MT5 v3.2 with SetFiles | Unbounded”

Your email address will not be published. Required fields are marked *

1 2 3 4 5
1 2 3 4 5
1 2 3 4 5