Cheap and good
by Reza Rahmad · MT5
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Summary
Chase the Ember Metatrader5 is an MT5 expert advisor by Esmaeil Rasouli Mohmmad Ali priced at $50 with a rating listed as N/A/5 and no verified performance stats. Retail traders often compare it to higher-priced and well-rated alternatives like PZ Stop And Reverse EA MT5 ($149) and Market Anomalies EA ($99). Key considerations are broker rules, spreads, commission models, and drawdown risk. FxRobotEasy independently reviews all products; because Chase the Ember lacks verified statistics, risk-averse traders may prefer alternatives with clearer documentation and larger user bases while cost-conscious traders may find the $50 entry point attractive.
Retail forex traders compare Chase the Ember Metatrader5 to alternatives to judge value, risk, and fit for their accounts. As an MT5 expert advisor priced at $50, its low entry point invites scrutiny alongside established EAs that quote higher prices and 5-star ratings. Comparison matters because execution depends on broker rules, minimum deposit requirements, spreads, commission structures, and permitted trading hours. Drawdown risk, margin requirements, and slippage can materially change live results versus backtests. FxRobotEasy independently reviews all products to highlight documentation quality, verified stats presence, and realistic expectations for retail accounts.
| Metric | Chase the Ember Metatrader5Main Product | Breakopedia AI Our bot | Cheap and good | ChartReplay Pro | Cheat Engine | Chart Trading EA MT5 Trader Consciente |
|---|---|---|---|---|---|---|
| Rating | N/A | N/A | N/A | N/A | N/A | N/A |
| Price | $50 | $149 | $1000 | $45 | $80 | $30 |
| ROI | N/A | +114.9% | -6.5% | N/A | N/A | N/A |
| Max Drawdown | N/A | 51.4% | 25.6% | N/A | N/A | N/A |
| Win Rate | N/A | 63.6% | 47.9% | N/A | N/A | N/A |
| Profit Factor | N/A | 1.15 | 0.93 | N/A | N/A | N/A |
| Total Trades | N/A | 407 | 1,700 | N/A | N/A | N/A |
| Downloads | 0 | N/A | 0 | 0 | 0 | 0 |
| Links |
ROI, drawdown, win rate, profit factor and trade counts for MQL5 listings are FxRobotEasy modelled Strategy Tester aggregates — simulated, not live or broker-verified. Rating, price and downloads come from the MQL5 Market listing. The FxRobotEasy column is different in kind: those rows are one published trading account, read live from app.fxroboteasy.com at page build, not a modelled run. It is not like-for-like with the columns beside it, and the per-row winner marker compares a live account against simulations. Its rating and downloads are not tracked here.
Chase the Ember Metatrader5 is an MT5 expert advisor from Esmaeil Rasouli Mohmmad Ali offered at $50. Strengths include an affordable price and simple entry point for traders experimenting with automated strategies. Weaknesses: the public rating is N/A/5 and there are no verified performance statistics available, which makes assessing real-world reliability difficult. The EA may suit cost-conscious traders testing strategies on demo or small live accounts, provided they accept unknown performance risk. Important platform realities apply: broker spreads, commissions, allowed symbols, and execution speed can change outcomes, and drawdowns are possible with any EA. FxRobotEasy independently reviews this and other products, emphasizing that no EA guarantees profits and that users should test in a demo environment and apply prudent risk management before running on larger balances.
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Chase the Ember Metatrader5 is an inexpensive MT5 EA that may interest traders experimenting with automation, but it lacks a public rating and verified statistics, increasing uncertainty for live deployment. Alternatives like PZ Stop And Reverse, Market Anomalies, and Ultimate Extractor offer higher prices and vendor visibility that some traders prefer. Regardless of choice, broker spreads, commissions, execution speed, and drawdown risk will determine real results. FxRobotEasy independently reviews all products and also lists verified FxRobotEasy bots; consider those if you want offerings with clearer verification. Always demo-test and apply strict risk management.
Whether Chase the Ember Metatrader5 is worth buying depends on your goals and risk tolerance. It costs $50 and may suit traders testing EAs on a demo or low-risk live account. However, the product shows a rating of N/A/5 and there are no verified performance statistics, so outcomes are uncertain. Test on a demo, check broker compatibility, monitor spreads and execution, and use conservative risk settings before running on larger balances.
The best alternative depends on priorities. For documented stop-and-reverse logic and vendor reputation, PZ Stop And Reverse EA MT5 ($149) is a solid choice. For pattern-based systematic trading, Market Anomalies EA ($99) fits. Ultimate Extractor ($100) is good for multi-filter setups. All listed alternatives show 5-star vendor ratings here but lack independently verified stats in this summary, so demo testing and compatibility checks remain essential.
Begin with thorough backtests on representative ticks and multiple market conditions, then run the EA on a demo account for several weeks or months. Monitor drawdowns, slippage, and how spreads affect entries and exits. Check broker rules, order execution, and margin requirements. Use realistic risk settings, document results, and only migrate to live trading once you have consistent, repeatable performance under your broker conditions.
While evaluating Chase the Ember Metatrader5 and its alternatives, consider Breakopedia AI, developed by FxRobotEasy. Its review page covers the strategy, settings and the published trading accounts. The figures below come from one published account, read live from app.fxroboteasy.com; the date they were computed is shown with them, and they are absent when that account has no closed trades to report.
+114.9%
Total Return
51.4%
Max Drawdown
64%
Win Rate
407
Total Trades