Elite Scarlet Bot EA V3.0 MT5

By: Swarnalata

Published on: Apr 01, 2025

Elite Scarlet Bot EA V3.0 MT5 – The Ultimate Forex Trading Robot (2025 Review)

In the fast-paced world of Forex trading, automation is key to maximizing profits and minimizing risks. The Elite Scarlet Bot EA V3.0 for MetaTrader 5 (MT5) is a cutting-edge trading robot designed to help traders achieve consistent results with minimal manual intervention.

Whether you're a beginner or an experienced trader, this advanced Expert Advisor (EA) offers powerful features, including high-frequency trading, risk management, and adaptive algorithms to optimize performance in various market conditions.

In this in-depth review, we’ll explore:
✅ What is Elite Scarlet Bot EA V3.0 MT5?
✅ Key Features & Benefits
✅ How It Works (Trading Strategy)
✅ Setup & Installation Guide
✅ Performance & Backtesting Results
✅ Pros & Cons
✅ Free Download & Pricing
✅ FAQs

By the end of this guide, you’ll know whether this Forex robot is the right choice for your trading journey.

What is Elite Scarlet Bot EA V3.0 MT5?

The Elite Scarlet Bot EA V3.0 is an automated trading system designed for MetaTrader 5 (MT5), one of the most popular Forex trading platforms. This EA uses advanced algorithms to analyze market trends, execute trades, and manage risk—all without manual input.

Why Choose This EA?

✔ Fully Automated – No need for manual trading.
✔ High Win Rate – Optimized for consistent profitability.
✔ Risk Management – Built-in stop-loss and take-profit.
✔ Multi-Currency Support – Works on major Forex pairs.
✔ User-Friendly – Easy setup for beginners.

Key Features of Elite Scarlet Bot EA V3.0 MT5

Here’s what makes this trading robot stand out:

1. Advanced Algorithmic Trading

Uses machine learning & AI to adapt to market changes.

Analyzes price action, trends, and volatility for optimal entries.

2. Risk Management Tools

Auto Lot Sizing – Adjusts trade size based on account balance.

Stop-Loss & Take-Profit – Minimizes losses and locks in profits.

3. High-Frequency Trading (HFT) Capabilities

Executes multiple trades per second in volatile markets.

Ideal for scalping & short-term strategies.

4. Multi-Timeframe Analysis

Works on M1, M5, M15, H1, and H4 timeframes.

Adapts to both trending and ranging markets.

5. No Grid or Martingale

Avoids risky strategies that can blow accounts.

Focuses on safe, sustainable growth.

How Does Elite Scarlet Bot EA V3.0 MT5 Work?

This EA follows a hybrid trading strategy, combining:

Trend-following indicators (Moving Averages, Bollinger Bands)

Price action analysis (Support/Resistance, Breakouts)

Volume & momentum signals

Trading Strategy Breakdown

Market Scanning – Identifies high-probability setups.

Entry Signals – Opens trades based on algorithmic triggers.

Trade Management – Adjusts stop-loss & take-profit dynamically.

Exit Strategy – Closes trades at optimal profit levels.

Elite Scarlet Bot EA V3.0 MT5 – Setup & Installation Guide

Step 1: Install on MetaTrader 5

Open MT5 → Click File → Open Data Folder

Go to MQL5 → Experts

Paste the .ex5 file here

Restart MT5

Step 2: Attach to a Chart

Drag & drop the EA onto your preferred currency pair & timeframe.

Configure settings (lot size, risk level, etc.).

Enable AutoTrading (Ensure your broker allows EAs).

Backtesting & Performance Results

Historical Performance (2020-2025)
Metric Result
Win Rate 78-85%
Max Drawdown 12-15%
Average Monthly Return 8-12%
Recommended Balance $500+

Real Account Results (Verified)

+120% ROI in 6 months (EUR/USD, H1 (1-hour chart),M15)

Consistent profits in GBP/JPY & XAU/USD

Pros & Cons of Elite Scarlet Bot EA V3.0

✔ Pros

✅ Fully automated trading
✅ High accuracy & win rate
✅ Works on multiple Forex pairs
✅ Safe risk management

❌ Cons

❌ Requires a low-latency VPS for best results
❌ Not suitable for extremely small accounts (<$200)

Free Download & Pricing

Premium Version (Optional)

Advanced features (custom strategies, VIP signals)

Priority support & updates

Price: $99 (One-time payment)

Frequently Asked Questions (FAQs)

❓ Is Elite Scarlet Bot EA V3.0 MT5 Free?

✅ Yes, the basic version is free. A premium upgrade is available.

❓ Which Brokers Work Best?

???? Low-spread ECN brokers like IC Markets, Pepperstone, and FXPro.

❓ Can It Work on MT4?

❌ No, this version is exclusive to MT5.

❓ What’s the Minimum Deposit?

$500+ recommended for stable performance.

Final Verdict – Is Elite Scarlet Bot EA V3.0 Worth It?

Yes! If you want a reliable, high-performance Forex robot, this EA is a strong choice. It combines AI-driven trading, risk management, and consistent profitability—making it ideal for both beginners and experts.