Ilan EA MT5 (Official version) | GroupBuy

What is Ilan EA MT5?

Ilan EA MT5 is a powerful and flexible Expert Advisor (trading robot) designed for MetaTrader 5. It uses virtual trades to manage positions effectively, allowing traders to operate in both directions at the same time. With customizable settings, robust risk management tools, and seamless integration with manual trading, Ilan EA MT5 is suitable for both beginners and experienced traders who want to automate their forex strategies with precision.

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About the Developer

• Author: Andrey Khatimlianskii.
• Experience: Over +11 years of experience on MQL5.
• Notable Products: Ilan MT5, Ilan MT4, Market Screener EA and others.
• Flagship Product:  is rated as the best performing product of the year.

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Ilan EA Overview

Key Features of Ilan EA MT5

• Simple Setup & Full Control – Easy installation with all major strategy parameters available for customization.
• MagicNumber Identification – Each EA instance can be uniquely identified to avoid conflicts between multiple strategies.
• Flexible Trade Direction – Choose between Buy-only, Sell-only, or both directions simultaneously.
• Trade Step & Profit Settings – Adjustable trade step (Step) and take profit (TakeProfit) with automatic adaptation to 4 or 5-digit quotes.
• Lot Management – Define starting lot size (Start lot) and adjust using a lot coefficient to match different deposit sizes.
• Risk Management – Limit the number of trades per direction (Max trades) and set maximum loss control on the last trade (Max loss of last trade).

Additional Features

• Multi-EA Support – Run multiple Ilan Expert Advisors on a single account, even on the same instrument, without interference.
• Manual Trading Compatibility – Place manual trades alongside Ilan without affecting its strategy.
• Virtual Position Tracking – View all open virtual trades directly on the chart with detailed information (type, time, volume, price).
• Operation Modes for Flexibility –
  • CloseAndStopNow: Instantly closes all trades and stops operation.
  • CloseAndStop: Allows Ilan to finish a profitable series before shutting down.
• Non-Interference Guarantee – Manual trades or positions opened by other Expert Advisors do not affect Ilan’s performance.

Why choose Ilan EA MT5?

• High Adaptability – Works on any account size with customizable lot and risk settings.
• Safe & Reliable – Built-in risk control prevents over-exposure and protects your capital.
• Seamless Trading Experience – Compatible with manual trading and multiple EA instances.
• Transparent Control – Real-time display of virtual positions ensures clear visibility of trades.
• Flexibility in Operation – Start, stop, or pause the EA at any time without disrupting open positions.

Ilan EA MT5 Backtest Results

🔺EURUSD 4-Month Performance

• Initial deposit: $1,000
• Net profit: $3,601.69
• Win rate: 79.72%
• Drawdown: 30.31%

Ilan EA MT5 Backtest Results with EURUSD

🔺GBPUSD 4-Month Performance

• Initial deposit: $1,000
• Net profit: $2,268.83
• Win rate: 80.35%
• Drawdown: 34.98%

Ilan EA MT5 Backtest Results with GBPUSD

Real User Reviews and Feedback

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

User Reviews

What’s Included in the Download Package?

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

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Conclusion

In summary, Ilan EA MT5 is a powerful and flexible trading solution for MetaTrader 5 users who want to automate their forex strategies with precision and control. With advanced features such as virtual trade management, customizable lot and risk settings, multi-EA compatibility, and seamless integration with manual trading, it provides traders of all experience levels with the tools needed to maximize profits while maintaining effective risk management. Backtest results on major currency pairs like EURUSD and GBPUSD further demonstrate its profitability and reliability, making it one of the most trusted Expert Advisors in the market.

>>> Reviewed by Jason Stap