Agent 47 semi auto (MT5) — review, price and free alternatives

What makes Agent 47 semi auto unique is the blend of automation and trader control. The algorithm scans multiple timeframes on MT5, identifies technically validated setups such as momentum breakouts and mean-reversion zones, and then signals entries while allowing the operator to confirm or adjust position size. Valtcho Gianasso coded the EA to enforce discipline: default stop loss, adaptive trailing stops, and time-based exits reduce emotional decision-making. The EA trades most effectively in trending and mildly choppy markets, with explicit filters to avoid high-impact news.

The internal logic uses volatility-adjusted position sizing, ATR-based stops, and a layered exit routine to scale out winners. Agent 47 semi auto can be tuned for conservative or more aggressive profiles, and expected performance characteristics include modest monthly returns with controlled drawdowns rather than explosive single-trade gains.

Agent 47 semi auto represents a moderate risk profile when configured with default settings. The stop loss strategy is primarily ATR-based with hard-stop safeguards, and the EA applies time-based exits to limit exposure to extended drawdown periods. Position sizing is adjustable by fixed lot or percentage of balance; recommended sizing is 0.5% to 2% risk per trade depending on account tolerance. Vulnerabilities include sudden volatility spikes and prolonged, low-volatility chop where signal reliability decreases. For most users a recommended account size of $1,000 or greater provides adequate margin and reduces the likelihood of margin-related stop-outs while allowing the EA to manage risk effectively.

Install Agent 47 semi auto by copying the EA file into the MT5 Experts folder and restarting the terminal. Attach the EA to a chart with AutoTrading enabled and allow DLL imports if required. Key parameters to configure include risk per trade, maximum simultaneous trades, ATR period, and preferred currency pairs. Recommended brokers are those with low spreads, fast execution, and MT5 support; avoid brokers with frequent order rejections. Optimal chart timeframes are H1 and H4 for the default settings.