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Amaryllis Institutional Momentum Trading (MT5) — review, price and free alternatives
MT5 expert advisor$1490 on MQL5by Rafael Vasili
Amaryllis Institutional Momentum Trading is a MetaTrader 5 expert advisor by Rafael Vasili, sold on the MQL5 Market for $1490. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
Amaryllis Institutional Momentum Trading — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Expert advisor
- Developer
- Rafael Vasili
- Price
- $1490
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Amaryllis Institutional Momentum Trading on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
AMARYLLIS — INSTITUTIONAL MOMENTUM TRADING v2.04 Expert Advisor for MetaTrader 5 | by Rafael Vasili Launch price: $149 — Price increases after every 10 purchases.
Before you buy Amaryllis Institutional Momentum Trading
What the developer claims
- Amaryllis is an institutional-grade momentum Expert Advisor engineered around a single principle: trend strength dictates everything.
- The core engine is built entirely on the Average Directional Index (ADX) with directional movement components (DI+/DI−).
Quoted from the listing. We have not tested these claims.
What to check first
- A live track record. Ask for an MQL5 signal on a real account, ideally three months or longer. Back-tests and screenshots are not a track record.
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT5 expert advisor in the Strategy Tester before you buy.
- Risk controls. Check that every trade has a stop loss, how the lot size is chosen and the largest drawdown it has shown.
- Broker conditions. The spread, commission and account type it was tuned on — results on a raw-spread account do not carry over to a standard one.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Amaryllis Institutional Momentum Trading
Compiled from its public MQL5 listing. FxRobotEasy has not traded Amaryllis Institutional Momentum Trading; what these notes say about how it works comes from that listing.
Overview
What makes Amaryllis Institutional Momentum Trading unique is its singular reliance on ADX and directional movement indices rather than multi-indicator consensus. The algorithm looks for high ADX readings to confirm trend strength, then uses DI+ and DI- crossovers to time entries. Rafael Vasili implemented volatility-adjusted position sizing and layered exits, which reduces exposure during erratic sessions. The result is a system that performs best in clear trending environments—major FX trends, strong commodity moves, and trending equity indices.
The algorithm’s risk management uses per-trade stop logic, equity-based maximum drawdown limits, and weekday/time filters to avoid low-liquidity periods. Expected performance characteristics are moderate trade frequency with medium win rate and controlled drawdowns; historical live samples show concentrated returns during trending months. Amaryllis Institutional Momentum Trading is transparent about parameters, allowing traders to adjust risk per account size while preserving the ADX-based decision core.
Risk notes
Risk level for Amaryllis Institutional Momentum Trading is best characterized as moderate. The system uses fixed and dynamic stop loss elements combined with volatility sizing, which reduces tail risk but does not eliminate drawdowns. Position sizing scales with account equity and recent volatility, and conservative parameter sets limit lot sizes to maintain drawdown targets. Vulnerabilities include prolonged choppy or sideways markets where ADX fails to indicate trend strength, producing fewer signals but occasional whipsaws. Recommended account size depends on risk setting; for standard parameters a $5,000 minimum balance per instrument is sensible, while aggressive configurations may require $20,000 or more to withstand variability.
Listed strengths
- Institutional ADX-based trend detection
- Transparent parameters for risk management
- Adaptive position sizing tied to volatility
- Suitable for multi-currency MT5 deployment
Worth checking
- Underperforms in choppy, range-bound conditions
- Higher launch price increases after purchases
- Requires tuning for different account sizes
- Monthly rental needed to trial before full purchase
Setup
Install the Expert Advisor file into the MT5 Experts folder and refresh the Navigator panel. Attach Amaryllis Institutional Momentum Trading to the desired chart and enable automated trading in MT5 settings. Key parameters to configure include risk per trade, maximum concurrent trades, ADX threshold, and equity stop limits. Recommended brokers are ECN or STP brokers with low latency and low variable spreads. Optimal chart timeframes are H1 to H4 for balanced signals.
Free to try · from FxRobotEasy
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Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
Trendopedia AIby FxRobotEasy
Our trend-following robot for the major FX pairs
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
- Run it and sign in inside the appGoogle, Telegram or e-mail — about 10 minutes in all.
- Pick Trendopedia AIIt starts on a free demo account: virtual money, every trade visible.
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The team's notes, every day
- What we ship, what breaks and how we fix it
- Trendopedia AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
Amaryllis Institutional Momentum Trading or Trendopedia AI?
| Amaryllis Institutional Momentum Trading | Trendopedia AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($1490) | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Rafael Vasili | FxRobotEasy |
Amaryllis Institutional Momentum Trading — questions
What is Amaryllis Institutional Momentum Trading?
Amaryllis Institutional Momentum Trading is a MetaTrader 5 Expert Advisor (trading robot) published on the MQL5 Market by Rafael Vasili, priced at $1,490 USD. As an Expert Advisor it can open and manage positions on its own once it is attached to a chart and algorithmic trading is enabled in the terminal.
What strategy does Amaryllis Institutional Momentum Trading use?
What makes Amaryllis Institutional Momentum Trading unique is its singular reliance on ADX and directional movement indices rather than multi-indicator consensus. The algorithm looks for high ADX readings to confirm trend strength, then uses DI+ and DI- crossovers to time entries. Rafael Vasili implemented volatility-adjusted position sizing and layered exits, which reduces exposure during erratic sessions. The result is a system that performs best in clear trending environments—major FX trends, strong commodity moves, and trending equity indices.
Does Amaryllis Institutional Momentum Trading work on MT4 or MT5?
Amaryllis Institutional Momentum Trading runs on MetaTrader 5, not MetaTrader 4. The listing reviewed on this page is the MT5 build; if its developer also publishes a MetaTrader 4 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does Amaryllis Institutional Momentum Trading cost?
Amaryllis Institutional Momentum Trading is a paid product listed at $1,490 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-02-14. It is sold and downloaded through the developer's (Rafael Vasili) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for Amaryllis Institutional Momentum Trading?
FxRobotEasy has not traded Amaryllis Institutional Momentum Trading on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Amaryllis Institutional Momentum Trading elsewhere comes from its developer or from a third party.
How is Amaryllis Institutional Momentum Trading installed and set up?
Install the Expert Advisor file into the MT5 Experts folder and refresh the Navigator panel. Attach Amaryllis Institutional Momentum Trading to the desired chart and enable automated trading in MT5 settings. Key parameters to configure include risk per trade, maximum concurrent trades, ADX threshold, and equity stop limits. Recommended brokers are ECN or STP brokers with low latency and low variable spreads. Optimal chart timeframes are H1 to H4 for balanced signals. Run thorough forward testing on a demo or low-stakes live account for at least 3 months before full deployment.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.