EdgeDetector MT5 vs SetFiles (Original version)

What is EdgeDetector MT5?

EdgeDetector MT5 is a smart Expert Advisor (EA) that uses AI, fractal analysis, and entropy filtering to identify high-probability trading opportunities on the MetaTrader 5 platform. It automatically adjusts entry/exit points, lot sizes, and risk levels based on your account balance and market volatility. Ideal for traders who value precision, low drawdown, and strict risk management in automated trading.

Version: New Version
The Right Platform: Meta Trader 5 (MT5)
Our Telegram Team: Join now
Our Youtube Channel: Click here

Key Features

🔹 AI-Powered Signal Confirmation: Uses neural networks to double-check trade signals, improving accuracy and decision-making.
🔹 Fractal Analysis: Spots key price structures and reversal zones for more reliable trade setups.
🔹 Entropy Filtering: Filters out market noise by measuring order vs. chaos, so the EA only trades in clear, stable conditions.
🔹 Smart SL & TP: Automatically sets Stop Loss and Take Profit based on market volatility using ATR, keeping risk/reward in check.
🔹 Dynamic Lot Sizing: Adjusts lot size based on your risk setting and account balance to manage drawdown effectively.

EdgeDetector MT5 Review

This backtest report gives a clear view of how EdgeDetector MT5 performs — showing how it manages risk, controls drawdown, and makes profit. Here’s a quick look at the key stats and what they mean for you.

✅ Initial Deposit: $10,000
✅ Total Net Profit: $41,787.66
✅ Win Rate: 92.15%
✅ Max Equity Drawdown: 0.90%

EdgeDetector MT5 Setting

🔧 Installation Steps

1. Download or copy the EA file (should be a .ex5 file).

2. Open MetaTrader 5 (MT5).

3. Go to File > Open Data Folder.

4. Navigate to MQL5 > Experts and paste the EA file there.

5. Restart MT5 or refresh the Navigator panel.

6. In the Navigator, drag EdgeDetector onto your desired chart (preferably on major pairs like XAUUSD or EURUSD).

⚙️ Input Settings Explained

📌 Recommended Usage Tips

• Timeframe: Works best on H1 or H4.

• Pairs: Major FX pairs or Gold (XAUUSD) for cleaner data.

• Backtest First: Always run a backtest before live trading.

• Risk Control: Adjust RiskFactor based on your comfort (e.g. 0.5 for conservative, 1.0 for balanced).

• Avoid Flat Markets: Let the EA run during volatile sessions (e.g. London or New York open).

▶️ To Start Trading

1. Attach EA to your selected chart.

2. Check that AutoTrading is enabled in MT5.

3. Click OK to launch with the current settings.

4. Monitor the EA performance occasionally and tweak parameters as needed.

In the Downloads folder, there are:

1. Experts:

✅ EdgeDetector.ex5

2. Presets:

✅ Crash500.set
✅ Boom1000.set
✅ XAUUSD.set
✅ Boom500.set
✅ Crash1000.set
✅ VIX75.set
✅ BTCUSD_Moderado.set

>>> Reviewed by Micheal Elliot

Conclusion

EdgeDetector MT5 is a smart, AI-powered trading robot designed for traders who want precision, low drawdown, and adaptability in fast-moving markets. It uses neural networks to confirm signals, fractal analysis to spot trends, and filters out market noise for cleaner entries. With auto-adjusting stop loss, take profit, and position sizing based on risk and volatility, it helps you trade more accurately and safely.