Indicement MT5
Indicement MT5 + SetFiles (Official version) | Unbounded Original price was: $999.00.Current price is: $599.00.
Back to products
Bitcoin Wizard MT5
Bitcoin Wizard MT5 + SetFiles (Official version) | Unbounded Original price was: $999.00.Current price is: $599.00.

Daytrade Pro Algo MT5 (Official version) | Unbounded

DayTrade Pro Algo MT5 is a pro EA for 13 pairs, using price action at support & resistance with strict risk control for stable, transparent day trading.

Original price was: $999.00.Current price is: $599.00.

30 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

Daytrade Pro Algo MT5 is a fully automated Expert Advisor for MetaTrader 5, developed around a price action strategy that trades market reactions near major daily support and resistance levels.

The core concept is straightforward: major daily highs and lows often act as important price zones where the market can react, reverse, or consolidate. Daytrade Pro Algo MT5 is designed to identify these areas and automatically look for trading opportunities around them.

The EA has been developed and tested across multiple brokers, platforms, and variable-spread environments. It is designed to be broker independent and spread independent, while maintaining robust behavior across different parameter configurations.

Daytrade Pro Algo MT5 currently supports 13 trading instruments, including major Forex pairs, cross pairs, and XAUUSD.

Supported Pairs

  • EURUSD
  • GBPUSD
  • USDJPY
  • AUDUSD
  • XAUUSD
  • GBPJPY
  • USDCAD
  • EURJPY
  • EURNZD
  • EURAUD
  • NZDUSD
  • AUDJPY
  • CHFJPY

The system typically generates around 10 trades per week, although the actual trading frequency can vary depending on market conditions.

About the Developer

• Author: Wim Schrynemakers
• Experience: Over +11 years of experience on MQL5.
• Notable Products: Daytrade Pro Algo MT5, Advanced Scalper MT5, Stability Pro MT5, Apex Trader MT5, Goldbot One MT5, The Gold Reaper MT5 and others.
• Flagship Product: Daytrade Pro Algo MT5 is rated as the best performing product of the year.

>> Delivery time 24h-48h after payment.
>>> Refund if not delivered.
>>> You will receive the latest version without any limitations (ID+Time).

>>Reviewed by Jason Stap <<

Key Features of Daytrade Pro Algo MT5

Price Action Around Daily Support & Resistance

Daytrade Pro Algo MT5 focuses on price behavior around major daily support and resistance levels. These areas can attract significant market activity and provide potential opportunities for automated trading.

Multi-Pair Trading

The EA can trade up to 13 different instruments, allowing users to diversify the strategy across multiple currency pairs and gold.

OneChartSetup Technology

The OneChartSetup feature allows the EA to manage multiple trading pairs from a single EURUSD Daily chart.

Instead of attaching the EA separately to every supported instrument, users can enable OneChartSetup and select the pairs they want the algorithm to trade.

Stop Loss and Take Profit

Every trade uses predefined Stop Loss (SL) and Take Profit (TP) levels to establish risk and reward parameters.

Trailing Stop Loss

The EA also incorporates a trailing stop-loss mechanism designed to protect profitable positions and allow winning trades to continue developing when market conditions remain favorable.

Flexible Lot Calculation

Users can choose between fixed lot sizing and automatic lot calculation.

The automatic method can adjust position size according to account balance or equity through the LotsizeStep parameter.

Robust Parameter Design

According to the developer, testing has shown profitable results across hundreds of different parameter configurations. The system is also designed so that settings can be transferred between supported pairs without completely changing the underlying strategy behavior.

For example, settings optimized for USDJPY can still be tested on EURUSD or another supported instrument.

Virtual Expiration

The Use Virtual Expiration option can be enabled when a broker does not support expiration dates for pending orders.

Informational Panel

The EA includes an on-chart information panel that displays important trading information. Its size can also be adjusted for high-resolution displays.


How Does Daytrade Pro Algo MT5 Work?

Daytrade Pro Algo MT5 is based primarily on price action around major daily support and resistance levels.

The general trading process can be summarized as follows:

  1. The EA analyzes the relevant daily price structure.
  2. Major support and resistance areas are identified.
  3. The algorithm monitors price behavior around these important zones.
  4. When the required conditions are met, the EA opens a trade.
  5. Each position is managed with Stop Loss and Take Profit parameters.
  6. A trailing stop can be used to manage profitable positions.
  7. Position sizing is determined according to the selected lot calculation method.

The system does not attempt to predict every market movement. Instead, it focuses on repeatable price behavior around significant market levels.

The developer specifically positions the EA as a conventional algorithmic trading system rather than a system based on exaggerated artificial intelligence claims, neural-network marketing, or unrealistic “holy grail” promises.


Why Choose Daytrade Pro Algo MT5?

Practical Trading Logic

The strategy is based on a recognizable market concept: price interaction with major daily support and resistance levels.

Multi-Broker Testing

The developer reports extensive testing using variable spreads across different brokers and environments, including MT4, MT5, and TDS2.

Multi-Instrument Support

With 13 supported instruments, traders can use the EA across Forex pairs and XAUUSD rather than relying on a single market.

Simple One-Chart Configuration

OneChartSetup makes the installation and management process easier by allowing multiple instruments to be controlled from one EURUSD Daily chart.

Flexible Risk Management

The EA provides different risk levels through the Max Risk Per Pair setting, making it possible to adjust position sizing according to the trader’s risk tolerance.

No “Holy Grail” Claims

The developer openly acknowledges that trading systems experience losing periods and that backtests containing no losses should be treated with skepticism.

This realistic approach is important because no automated trading system can guarantee profits in all market conditions.

Daytrade Pro Algo MT5 Performance Review

🟢 Live Account Results

  • Verified live trading for over 125 weeks, proving steady growth with controlled risk.
  • Initial Deposit: €2,027.48
  • Total Profit: €1,644.,31
  • Win Rate: 72.4%
  • Maximum Drawdown: 15.6%
  • Live Trading Signal: View here
Daytrade Pro Algo MT5 Live Trading Results

Daytrade Pro Algo MT5 Live Trading Results

🟢 Backtest Results

🔺 23-Year Backtest (2000–2023):

  • Net Profit: $18,777
  •  Win Rate: 76.19%
  • Max Drawdown: 0.32%
Daytrade Pro Algo MT5 Backtest Results

Daytrade Pro Algo MT5 Backtest Results

🔺 XAUUSD (Gold) Recovery Test:

  •  Net Profit: $473,000
  • Win Rate: 63.67%
  • Max Drawdown: 31.55%
Daytrade Pro Algo MT5 Backtests Trading Resultts

Daytrade Pro Algo MT5 Backtests Trading Resultts

🔺 $100K Prop Firm Test (2020–2023):

  • Net Profit: $217,975
  • Win Rate: 76.38%
  • Max Drawdown: 8.57%
Daytrade Pro Algo MT5 Backtests Trading Results

Daytrade Pro Algo MT5 Backtests Trading Results

Performance and Risk Management

Daytrade Pro Algo MT5 is designed to operate with relatively flexible risk settings.

The recommended Max Risk Per Pair configurations are:

Risk Level Max Risk Per Pair
Low Risk 3
Medium Risk 7
High Risk 15

These values should not be interpreted as guaranteed drawdown levels or guaranteed returns. Actual account risk can vary depending on broker conditions, market volatility, leverage, execution, and the number of pairs being traded simultaneously.

Recommended Minimum Balance

The developer recommends a minimum starting balance of approximately $400.

Lot Size Calculation

The EA supports both fixed and automatic position sizing.

The LotsizeStep parameter controls the automatic lot increment. For example:

  • LotsizeStep = 500
  • Each $500 of account balance corresponds to approximately 0.01 lots under the relevant calculation method.

Users can also select whether lot calculations should use Balance or Equity.

OnlyUp Option

The OnlyUp parameter prevents the calculated lot size from decreasing after losses.

While this may allow faster recovery after losing trades, it can also increase exposure during recovery periods. Therefore, this option should be used carefully.


Backtesting Recommendations

For testing Daytrade Pro Algo MT5, the developer recommends:

  • Chart: EURUSD
  • Timeframe: Daily (D1)
  • OneChartSetup: Enabled
  • Tick Quality: 1 Minute OHLC
  • Recommended Minimum Balance: $400

The EA does not require Every Tick modeling to produce useful backtest results because of the way its trade management operates.

However, traders can compare 1 Minute OHLC with Every Tick or Every Tick Based on Real Ticks to evaluate the difference under their own testing conditions.

For meaningful evaluation, it is recommended to test across sufficiently long historical periods and, where possible, include multiple market conditions rather than relying on a short or highly optimized period.


Parameter Overview

ShowInfoPanel

Enables or disables the information panel displayed on the chart.

Info Panel Size

Adjusts the information panel size, particularly useful for high-resolution monitors.

Update Info Panel During Testing

Controls whether the information panel is updated during backtesting. Disabling it can improve backtest speed.

UseOneChartSetup

Allows the EA to manage multiple instruments from one chart.

OneChartSetup – Pairs to Run

Defines which supported instruments should be traded through the OneChartSetup system.

Use Virtual Expiration

Provides virtual expiration handling for brokers that do not support expiration dates on pending orders.

Magic Number

Defines the unique identifier used by the EA to distinguish its trades.

Trade Comment

Sets the comment displayed on positions opened by the Expert Advisor.

Lotsize Calculation Method

Allows traders to choose between fixed lot sizing and automatic lot calculation.

Startlots

Defines the fixed starting lot size when using manual lot sizing.

LotsizeStep

Determines the account-size increment used for automatic lot calculations.

Use Equity Instead of Balance

Allows the EA to calculate position size using account equity rather than balance.

OnlyUp

Prevents automatic lot size from decreasing after losing trades. This feature should be used cautiously because it can increase exposure during recovery periods.


Weaknesses and Risk Warnings

Despite its robust testing claims, Daytrade Pro Algo MT5 is not a risk-free trading system.

No Guaranteed Profit

Past backtests and historical performance cannot guarantee future results. Market conditions can change, and a strategy that performed well historically may experience weaker performance in the future.

Losing Trades Are Normal

The developer explicitly acknowledges that real trading strategies experience losing trades and losing periods.

A backtest with no losses should not automatically be considered superior. In fact, unrealistic loss-free results can be a warning sign of excessive optimization, unrealistic testing conditions, or manipulated presentation.

Risk Settings Matter

Higher values of Max Risk Per Pair can significantly increase exposure. The High Risk setting should therefore only be considered by traders who fully understand the associated drawdown potential.

Multi-Pair Exposure

Running all 13 instruments simultaneously can create substantial combined exposure, particularly when several correlated currency pairs experience unfavorable market movements at the same time.

OnlyUp Risk

The OnlyUp option can prevent position sizing from decreasing after losses. This may accelerate recovery in favorable conditions but can also increase account exposure during prolonged losing periods.

Broker and Execution Conditions

Although the EA is designed to be broker independent, real-world results can still be affected by:

  • Spread
  • Slippage
  • Execution speed
  • Commission
  • Swap
  • Liquidity
  • Broker trading conditions
  • Market volatility
  • Server latency

No Holy Grail

There is no automated trading system that can guarantee continuous profits or eliminate drawdowns.

Daytrade Pro Algo MT5 should therefore be evaluated as a systematic trading tool rather than a guaranteed income solution.


Pros and Cons

Pros

  • Fully automated MetaTrader 5 Expert Advisor
  • Price action strategy based on daily support and resistance
  • Supports 13 Forex pairs and XAUUSD
  • OneChartSetup for multi-pair trading
  • Stop Loss and Take Profit on trades
  • Trailing stop-loss functionality
  • Flexible lot calculation
  • Fixed and automatic lot sizing
  • Balance or equity-based lot calculations
  • Virtual expiration option
  • Adjustable information panel
  • Designed for variable-spread testing
  • Can be tested across multiple brokers
  • Realistic approach toward losses and drawdowns

Cons

  • No guarantee of future profitability
  • Losing periods are expected
  • Higher risk settings can increase drawdown
  • Running many pairs simultaneously increases total exposure
  • OnlyUp can increase position sizing after losses
  • Requires careful risk management
  • Backtest results may differ from live trading
  • Broker execution and trading conditions can affect results

How to Install Daytrade Pro Algo MT5

Step 1: Install the EA

Copy the Daytrade Pro Algo MT5 EA file into the appropriate MetaTrader 5 → MQL5 → Experts directory.

Restart MetaTrader 5 or refresh the Expert Advisors section in the Navigator.

Step 2: Open the EURUSD Daily Chart

Open:

EURUSD → D1 (Daily)

Attach Daytrade Pro Algo MT5 to the chart.

Step 3: Enable OneChartSetup

Enable:

UseOneChartSetup = true

Then select the instruments you want the EA to manage under the OneChartSetup pair settings.

Step 4: Configure Position Sizing

Choose your preferred Lotsize Calculation Method.

For automatic risk-based sizing, use the appropriate LotsizeStep or Max Risk Per Pair configuration provided by the EA.

The developer’s suggested starting risk levels are:

  • Low: Max Risk Per Pair = 3
  • Medium: Max Risk Per Pair = 7
  • High: Max Risk Per Pair = 15

For new users, starting conservatively and testing on a demo account is advisable.

Step 5: Enable Automated Trading

Make sure Algo Trading is enabled in MetaTrader 5.

Before moving to a live account, verify the EA’s behavior under your broker’s specific spread, commission, leverage, and execution conditions.

Step 6: Test Before Going Live

Run historical backtests and forward tests on a demo account before committing real capital.

Real User Reviews and Feedback

🔺Daytrade Pro Algo MT5 is highly appreciated by the MQL5 community for bringing stable and reliable profits. Below are 5 star reviews from users:

User Reviews

User Reviews

What’s Included in the Download Package?

🔺Experts:

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

🔺Presets:

  • DaytradePro_Prop.set
  • Daytrade_Pro_Max50qDD_highrisk.set
  • Daytrade_Pro_Max20oDD_mediumrisk.set
  • Daytrade_Pro_Max9rDD_lowrisk.set

>>> Join VIP Membership Now <<<

Final Thoughts

Daytrade Pro Algo MT5 takes a relatively straightforward approach to automated trading by focusing on price action around major daily support and resistance levels.

Its key strengths are its multi-pair support, OneChartSetup functionality, flexible position sizing, SL/TP protection, trailing stop management, and emphasis on testing across different brokers and variable spread conditions.

Perhaps most importantly, the strategy is presented without claiming to be a “holy grail.” Losing trades and losing periods are considered a normal part of algorithmic trading, which is a more realistic expectation than backtests showing uninterrupted profits.

However, traders should still perform their own due diligence. Start with conservative risk, validate the EA using your broker’s conditions, perform forward testing, and avoid using excessive leverage.

Daytrade Pro Algo MT5 can be considered a systematic price-action trading tool, but its historical results should never be treated as a guarantee of future performance.

FAQs

FAQs

1. What is DayTrade Pro Algo MT5?

DayTrade Pro Algo MT5 is a professional Expert Advisor (EA) that trades price action around support and resistance zones across 13 currency pairs. It is broker-independent, spread-independent, and designed for long-term stability.

2. How does DayTrade Pro Algo MT5 manage risks?

The EA uses strict risk controls with Stop Loss, Take Profit, and Trailing Stop functions on every trade. It also supports equity-based or balance-based lot sizing for flexible money management.

3. Which trading pairs does DayTrade Pro Algo MT5 support?

It runs on 13 pairs, including EURUSD, GBPUSD, USDJPY, GBPJPY, and XAUUSD (Gold), making it a true multi-currency solution.

4. What kind of results can I expect with DayTrade Pro Algo MT5?

Backtests over 23 years show consistent profitability with a 76% win rate and minimal drawdown. Live accounts have also proven steady growth, with a 72% win rate and controlled drawdowns under 16%.

5. Is DayTrade Pro Algo MT5 suitable for prop firm challenges?

Yes. It includes preset files specifically optimized for $100K prop firm accounts, with risk settings tailored for compliance and long-term profitability.

6. Why should I choose DayTrade Pro Algo MT5 over other trading EAs?

Unlike many bots, DayTrade Pro Algo MT5 combines real price action logic, adaptability across brokers, and transparent results. It is easy to set up, reliable, and trusted by traders with 5-star reviews on MQL5.

Specification

Technical Details

Trading platform

MetaTrader 5 (MT5)

Time frames

Any

Currency pairs

XAUUSD (Gold), EURUSD, GBPUSD, USDJPY, AUDUSD, GBPJPY, USDCAD, EURJPY, EURNZD, EURAUD, NZDUSD, AUDJPY, CHFJPY.

Product type

Original version

Customer Reviews

0 reviews
0
0
0
0
0

There are no reviews yet.

Be the first to review “Daytrade Pro Algo MT5 (Official version) | 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