RTX Parody MT5 v1.3 (Official version) | Unbounded

What is RTX Parody MT5?

RTX Parody MT5 is a hybrid Expert Advisor designed for MetaTrader 5, combining EMA trend detection, controlled martingale averaging, and pyramiding to maximize profit potential in both trending and ranging market conditions. With dynamic trade management and customizable parameters, the EA delivers a scalable, flexible, and safer approach to automated trading.

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Main Features of RTX Parody MT5

• EMA-Based Trend Entries using EMA Period 5 for precise micro-trend detection.
• Dual Scaling System with mild Martingale (1.1 multiplier) and Pyramiding for balanced profit growth.
• Group Breakeven Protection that locks in profit at +20 pips and secures a 10-pip buffer.
• Directional Trading that strictly follows trend direction for more accurate entries.
• Recovery Mechanism using 350-point spacing for safer martingale averaging.

Additional Features

• Adaptive strategy suitable for volatile, trending, and swing markets
• High capacity for multiple pyramiding and martingale layers
• Customizable parameters for risk, spacing, and scaling intensity
• Enhanced drawdown safety through Group BEP
• Optimized hybrid logic for both profit expansion and loss recovery

Why Choose RTX Parody MT5?

• Hybrid Profit Engine combining trend trading, pyramiding, and controlled martingale.
• Reduced Risk thanks to mild lot scaling and strong breakeven protection.
• Flexible & Adaptive performance in both trending and ranging environments.
• Maximized Profit Opportunities through intelligent pyramiding expansion during favorable moves.
• Designed for Stability with built-in safety layers to limit deep drawdowns.

RTX Parody MT5 Backtest Results

RTX Parody MT5 Backtest

🔺XAUUSD (Gold) –  4 months

• Initial Deposit: $1,000
• Total Net Profit: $5,534.10
• Win Rate (% of total): 72.10%
• Maximum Drawdown: 7.03%

RTX Parody EA Backtest

What’s Included in the Download Package?

• Experts: RTX Parody.ex5
• SetFiles: RTX_Gold bt.set

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How To Set Up EA

🔺RTX Parody EA is a high risk, high return automated trading tool designed for aggressive growth. It uses advanced pyramiding, martingale, EMA trend detection and trailing profit protection. Proper installation and configuration allows traders to take advantage of trending markets, but caution is required due to the potential for large drawdowns.

RTX Parody MT5 Settings

🟣– Download and Move the EA

• Download the RTX Parody 1.3 EA file (.ex4 or .mq4).
• Open MetaTrader 4 → File → Open Data Folder → MQL4 → Experts.
• Paste the EA file into the Experts folder.

🟣 – Restart MT4

• Close and reopen MetaTrader 4 to load the new EA.

🟣 – Enable Automated Trading

• Click AutoTrading (green button) on the toolbar.
• Go to Tools → Options → Expert Advisors and enable:
  • “Allow automated trading”
  • “Allow DLL imports”

🟣 – Attach EA to a Chart

• Open your desired currency pair and timeframe.
• Drag RTX Parody 1.3 from Navigator → Expert Advisors onto the chart.

🟣 – Configure Key Settings
Adjust inputs for optimal performance:

• Trade Management: Magic Number for unique trade identification
• Risk Filters: Optional leverage and time filters; aggressive mode trades 24/7
• Spread & Slippage: Max Spread = 300 points, Max Slippage = 30 points
• Trend Detection: EMA Period = 5, Method = SMA, Applied Price = Close
• Entry Settings: Initial Lot = 0.01, EMA Entry Distance = 1000 points
• Pyramiding: Enabled, Distance = 300 points, Max Positions = 100
• Martingale: Enabled, Distance = 350 points, Multiplier = 1.1, Max Positions = 1000
• RSI Filters: Period = 14, Overbought = 70, Oversold = 30 (filter only)
• Break-Even & Trailing Stops: Protect profits with BEP Trigger = 200 points, Trailing Stop = 300 points
• Safety Net: Stop-Loss is disabled—monitor account risk closely
• Logging: Enabled for performance auditing

🟣 – Start Trading

• Save settings and click OK.
• Monitor the EA closely, as this configuration is high-risk and suitable for aggressive traders with large capital.

Conclusion

In summary, RTX Parody MT5 is a high-performance, hybrid Expert Advisor designed for MetaTrader 5, combining EMA trend detection, controlled martingale averaging, and pyramiding strategies to maximize profits in both trending and ranging markets. Dual scalping, group breakeven protection, and directional trading ensure accurate trade execution while limiting risk. Backtested on XAUUSD (Gold), the EA has demonstrated impressive profitability with high win rates and manageable drawdowns, making it suitable for active traders looking for rapid account growth. With fully customizable parameters for risk, distance, and scalping intensity, RTX Parody MT5 adapts to volatile, trending, and ranging market conditions while providing advanced loss recovery mechanisms.

>>> Reviewed by Jason Stap <<<