Requiem MT5 (Official version) | Unbounded

Product Overview

Requiem MT5 is a fully automated Expert Advisor designed to analyze key market patterns and identify potential trading opportunities following sharp price movements. Its core concept focuses on price retracement, allowing the system to automatically search for potential corrections after significant market moves.

The EA is designed to trade NZDCAD and AUDCAD and operates on the M15 timeframe. Once Requiem MT5 is attached to the NZDCAD chart, the configured trading pairs can be activated automatically, eliminating the need to manually attach the EA to every supported pair.

Requiem MT5 is designed for traders who prefer automated execution without having to constantly monitor charts or manually search for trading opportunities.

Important: After purchasing Requiem MT5, contact the developer immediately to receive the recommended setup instructions.

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About the Developer

• Author: Natalyia Nikitina
• Experience: Over +5 years of experience on MQL5.
• Notable Products: Requiem MT5, Pelagia MT5, Solaris Imperium MT5, PropSurge One MT5, BaLLzProtector MT5, TradeRanger MT5, Winter MT5, Ride the wind MT5, Duramax MT5, Ride the wind MT5, Force Strategy MT5 and other advisors.
• Flagship Product: Requiem 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 <<

Main Features of Requiem MT5

Fully Automated Trading

Requiem MT5 automatically monitors the configured markets and executes trades according to its programmed trading logic, reducing the need for constant manual intervention.

Market Pattern Analysis

The EA is based on the analysis of recurring market patterns, with particular attention to price behavior following sharp movements.

Retracement-Based Strategy

The core trading concept focuses on potential price retracements after strong market movements. Instead of requiring the trader to manually identify correction opportunities, the EA analyzes the market automatically.

Multi-Pair Trading

Requiem MT5 is configured for:

• NZDCAD
• AUDCAD

Both pairs can be managed automatically from the EA’s configuration.

Automatic Pair Activation

The EA is designed so that traders can attach it to the NZDCAD chart, while the configured trading pairs are activated automatically.

This can simplify installation and reduce the need to place separate EA instances on multiple charts.

M15 Timeframe

The system operates on the M15 timeframe, providing a structured environment for short- to medium-term market analysis.

Flexible Lot Sizing

Requiem MT5 provides several position-sizing options, allowing traders to determine how trade volume should be calculated.

Fixed Lot Trading

Users can select a fixed initial lot size when they prefer a straightforward position-sizing approach.

Deposit Load %

The Deposit Load % parameter allows the lot size to be adjusted according to the account’s deposit, providing an alternative to fixed-lot trading.

Magic Number

The Magic Number uniquely identifies positions opened by Requiem MT5, making it easier to distinguish the EA’s trades from other automated systems or manual positions.

Trade Comment

The configurable trade comment can be displayed in the trading journal and account history, helping users identify trades generated by the EA.

How Does Requiem MT5 Work?

Requiem MT5 is designed around the concept that sharp price movements can sometimes be followed by a retracement or correction.

Its general operating process can be summarized as:

Market Monitoring → Pattern Analysis → Sharp Movement Detection → Retracement Evaluation → Trade Execution → Automated Management

The EA continuously monitors the configured markets on the M15 timeframe. When the conditions defined by its trading algorithm are satisfied, Requiem MT5 can automatically execute a position.

The trader does not need to manually identify every setup. Once the EA has been configured correctly, the system can monitor both NZDCAD and AUDCAD according to its programmed logic.

However, a sharp price movement does not necessarily result in a retracement. Markets can continue moving in the same direction, particularly during strong trends or significant economic events. Therefore, the underlying strategy remains exposed to normal market risks.

Why Choose Requiem MT5?

Requiem MT5 may be suitable for traders looking for an automated approach to retracement-based Forex trading.

Its main characteristics include:

• Fully automated operation
• NZDCAD and AUDCAD support
• M15 trading timeframe
• Market-pattern analysis
• Retracement-oriented trading logic
• Automatic activation of configured pairs
• Flexible lot calculation
• Fixed-lot option
• Deposit-based position sizing
• Magic Number identification
• Trade comments in account history
• VPS-compatible operation

The ability to manage multiple configured pairs from a single EA installation can also simplify the overall setup process.

Requiem MT5 Performance Review

🟢 Live Results

• Initial Deposit:  $5.000 (48 weeks)
• Growth Rate: +46.78%
• Win Rate: 70.5%
• Maximum Drawdown: 70.4%

Requiem EA MT5 live Results

🟢 Backtest Results

• Initial Deposit: $1,000
• Total Net Profit: $322.583,63
• Win Rate: 65.31%
• Maximum Drawdown: 13.11%

Requiem EA Backtest

Performance and Risk Management

The provided configuration recommends a starting deposit of $1,000 or more for proper algorithm operation. This should be regarded as a recommended account size, not as a guarantee of performance or protection against drawdown.

Risk-Based Lot Sizing

Position sizing is one of the most important considerations when operating an automated EA.

Requiem MT5 provides a Lot Sizing Method based on risk parameters, allowing users to control how trade volume is calculated. Users should select settings that are appropriate for their account balance and risk tolerance.

Fixed Lot

The Fixed Lot option allows users to define the initial position size manually. This can provide more predictable exposure, but the same lot size can represent very different levels of risk on different account sizes.

Deposit Load %

The Deposit Load % setting can adjust the position size in relation to the account’s deposit. Higher exposure may increase both potential returns and potential losses, so conservative settings are generally more appropriate when first testing the system.

VPS

A VPS is recommended for stable automated operation. A continuously running trading environment can help reduce interruptions caused by computer shutdowns, internet connectivity problems, or platform downtime.

Weaknesses and Risk Warnings

Retracement Risk

Requiem MT5 focuses on price retracements following sharp movements. However, not every strong movement is followed by a meaningful correction.

A market can continue trending in the same direction, potentially causing unfavorable trades.

Trend Continuation

Strong directional markets can remain extended for longer than expected. A strategy designed around retracement behavior may therefore experience periods of weaker performance during persistent trends.

M15 Market Volatility

The M15 timeframe can be affected by short-term volatility, spread fluctuations, and sudden price movements. Fast market conditions may also increase execution differences between expected and actual entry prices.

Multi-Pair Exposure

Trading both NZDCAD and AUDCAD means the account can have exposure to multiple positions at the same time. Users should consider total account exposure rather than evaluating each trade independently.

Leverage Risk

The recommended leverage is 1:500. High leverage does not make trading safer; it allows larger positions to be controlled with less margin. If position sizes are too large, adverse market movements can produce significant drawdown.

Broker and Execution Conditions

Live trading conditions can vary according to spread, commission, slippage, execution speed, liquidity, and broker infrastructure. Results may therefore differ between brokers and account types.

Market Regime Changes

Automated strategies can behave differently when market conditions change. Volatility, liquidity, trends, correlations, and economic events can all influence trading behavior.

No Guaranteed Results

Neither automated execution nor historical testing guarantees future profitability. Requiem MT5 should be evaluated through appropriate testing before being used with significant real capital.

Pros and Cons

Pros

• Fully automated MT5 Expert Advisor
• Supports NZDCAD and AUDCAD
• M15 timeframe
• Retracement-focused trading concept
• Automatic market monitoring
• Multiple lot-sizing methods
• Fixed Lot option
• Deposit Load % configuration
• Magic Number support
• Automatic activation of configured pairs
• VPS-compatible
• No constant manual monitoring required

Cons

• Focused on only two specified currency pairs
• Designed around the M15 timeframe
• Retracement strategies can face difficulty during persistent trends
• High leverage can amplify account exposure
• Multiple simultaneous positions can increase overall account risk
• Performance may vary with broker execution conditions
• Careful position sizing is required
• VPS is recommended for stable automated operation

How to Install Requiem MT5

Step 1 – Install MetaTrader 5

Install MetaTrader 5 and log in to a compatible trading account.

Step 2 – Install the EA

Copy the Requiem MT5 EA file into the appropriate MQL5 → Experts directory and restart MetaTrader 5 if necessary.

Step 3 – Open the NZDCAD Chart

Open the NZDCAD chart and select the M15 timeframe.

Step 4 – Attach Requiem MT5

Drag Requiem MT5 onto the NZDCAD M15 chart and enable automated trading.

Step 5 – Configure the EA

Review and configure the available parameters, including:

• Trade Comment
• Trade Pairs M15
• Magic Number
• Lot Sizing Method
• Fixed Lot
• Deposit Load %

Step 6 – Configure Risk

Select an appropriate lot-sizing method and avoid excessive account exposure. Start with conservative settings when evaluating the EA.

Step 7 – Contact the Developer

After purchasing Requiem MT5, contact the developer to receive the required setup instructions and recommended configuration.

Step 8 – Test Before Live Trading

Before using real funds, run the EA on a demo account or conduct appropriate forward testing. This allows you to evaluate its behavior under your broker’s actual spread, execution, and trading conditions.

What’s Included in the Download Package?

🔺 Experts:

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

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Final Thoughts

In summary,  Requiem MT5 is a fully automated Expert Advisor built around market-pattern analysis and potential price retracements following sharp movements. It is designed for NZDCAD and AUDCAD on the M15 timeframe, with automatic pair activation and configurable position-sizing options.

Its automated multi-pair structure can simplify the trading process, while parameters such as Fixed Lot, Deposit Load %, and risk-based lot sizing provide flexibility in controlling trade exposure.

At the same time, traders should understand the limitations of a retracement-based approach. Strong trends can continue without producing the expected correction, and leverage, position sizing, spread, slippage, and simultaneous exposure can all affect account drawdown.

For these reasons, Requiem MT5 should be treated as a trading automation tool rather than a guaranteed-profit solution. Thorough testing, conservative risk management, and suitable broker conditions are important before deploying the EA with real capital.

Risk Disclaimer: Trading Forex and other financial markets involves substantial risk. Only use funds you can afford to lose. Past performance, backtests, examples, or hypothetical results do not guarantee future performance. The developer is not responsible for losses resulting from the use of this Expert Advisor.