Question 1

What is Ultimate Trader MT5?

Accepted Answer

Ultimate Trader MT5 is a fully automated Expert Advisor (EA) for MT5. It combines intelligent trend-following strategies with a powerful Recovery/Grid system, allowing traders to generate consistent profits across multiple currency pairs while maintaining strict risk control.

Question 2

What trading strategy does the EA use?

Accepted Answer

The EA uses Dual Moving Averages (DSMA 20 & DBMA 50) to detect trends and enter trades in the direction of the trend. When a trade temporarily moves against the position, the Recovery system automatically opens additional averaging orders every 450 points to bring the average entry price closer to the market, increasing the chance of profit when the original trend resumes.

Question 3

How many currency pairs does Ultimate Trader MT5 support?

Accepted Answer

The EA can trade up to 28 currency pairs simultaneously. This strong diversification significantly reduces risk concentration and maximizes trading opportunities throughout the day.

Question 4

How does the EA’s Recovery system work?

Accepted Answer

When the market moves against an open trade, the EA automatically opens additional Recovery orders (up to 63 orders in the same direction for Buy or Sell). The distance between each recovery order is 450 points. This is the EA’s “secret weapon” that turns temporary losing trades into profitable ones once the main trend returns.

Question 5

Does the EA protect capital well? How good is the Drawdown control?

Accepted Answer

Yes, very well! The EA features fixed Stop Loss, intelligent Trailing Stop Loss, Spread & Gap filters, plus Advanced Drawdown Control. You can set it to automatically stop opening new trades or close all positions when drawdown reaches a safe threshold you choose.

Question 6

What is the default lot size and Money Management like?

Accepted Answer

The default setting is Fixed Lot 0.01. The EA supports both Fixed Lot and Auto Lot (dynamic lot sizing based on profit or balance). It also includes an “Increase Lot Size Every 5000” option, making it flexible and suitable for any account size.

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