Introduction
Most forex bots stick to currencies or gold, but what if you could have one that’s just as effective on synthetic indices? That’s exactly why the Slick Guru EA V1.0 MT5 was created. Originally designed for Deriv synthetic indices, it also adapts to major forex pairs and gold — giving traders more options and flexibility.
What makes Slick Guru EA stand out is its risk-based design. Instead of using fixed lot sizes or dangerous martingale methods, it calculates the optimum lot size automatically based on account equity, risking just 2% per trade. This makes it suitable for both small accounts and larger professional accounts.
Let’s break down the details, features, backtested results, and why YoForex recommends this EA for traders who want a balance of profitability and safety.
Overview
The Slick Guru EA V1.0 MT5 is a multi-purpose Expert Advisor optimized for both synthetic indices and forex trading. Built with risk-conscious logic, it provides steady performance while avoiding the blowups that come with high-risk bots.
Quick profile:
- Platform: MT5
- Category: Expert Advisor
- Pairs: Synthetic Indices (Deriv), Forex majors (EURUSD, GBPUSD), and Gold (XAUUSD)
- Timeframes: Any (H1 recommended for forex pairs)
- Risk Management: 2% risk per trade (auto lot-size calculation)
- Minimum Deposit: $200 recommended
- Broker Compatibility: Works on Deriv Limited + all MT5 brokers
- VPS: Recommended for 24/5 continuous trading
Traders also receive personalized settings after purchase by messaging the developer, making this EA adaptable to individual account conditions.
Key Features
Here’s what makes Slick Guru EA V1.0 MT5 unique:
• Optimized for synthetic indices (Deriv platform)
• Works on forex majors and gold
• Automatic lot-size calculation based on account equity
• Risks only 2% of equity per trade
• Flexible timeframes (best on H1 for forex, M15–H1 for synthetics)
• Prop firm compatible (low drawdown & consistent risk logic)
• Customizable settings provided by developer after purchase
• Plug-and-play installation with default risk settings
• VPS-friendly for smoother execution
• Suitable for both beginners and advanced traders
Backtest & Live Performance
The Slick Guru EA was tested on both synthetic indices and forex pairs:
- Deriv Synthetic Indices: High consistency with small but frequent profits, benefiting from 24/7 synthetic market hours.
- EURUSD H1: Delivered stable performance, with balanced risk-to-reward ratios.
- XAUUSD M30: Captured intraday gold volatility with effective stop-loss placement.
Backtest Results:
- Equity growth showed smooth upward performance.
- Risk never exceeded 2% per trade, keeping drawdowns safe.
Live Feedback: Traders using Deriv Limited and ECN brokers reported performance aligned with backtest data, especially when settings were fine-tuned by the developer.
Installation & Setup
Setting up the Slick Guru EA V1.0 MT5 is quick:
- Download from MQL5.software.
- Place the EA file into your MT5 Experts folder.
- Restart MT5 and locate under Navigator > Expert Advisors.
- Attach to a chart (synthetic index, forex pair, or gold).
- Adjust inputs if needed (defaults already risk 2% per trade).
- Run on a VPS for uninterrupted execution.
After purchase, message the developer to receive personalized settings for your broker and account size.
Why Choose YoForex Tools?
YoForex has built its reputation on providing free and premium EAs that actually work in real markets. The Slick Guru EA V1.0 MT5 reflects this philosophy:
- Tested across both synthetic indices and forex
- Built with realistic risk management instead of high-risk tricks
- Supported by the YoForex trader community
With the combination of flexibility, safety, and adaptability, Slick Guru EA is a strong option for traders who want steady growth with lower risk exposure.
Find more bots and free downloads at MQL5.software.
Support
Need help setting up? Get in touch anytime:
- WhatsApp: Message Us
- Telegram: Join the Group
Call to Action
Want a trading bot that works on both synthetic indices and forex pairs while keeping risk under control? The Slick Guru EA V1.0 MT5 is built for you.
Download Slick Guru EA V1.0 MT5 today on MQL5.software
Automate your trading, manage risk with precision, and trade confidently across markets.
YoForex – empowering traders worldwide, one free tool at a time.
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