Loading...
Blue Moon EA (MT5) — review, price and free alternatives
MT5 expert advisor$50 on MQL5by Sigit Hariyono
Blue Moon EA is a MetaTrader 5 expert advisor by Sigit Hariyono, sold on the MQL5 Market for $50. 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.
Blue Moon EA — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Expert advisor
- Instrument named in the listing
- EUR/USD
- Developer
- Sigit Hariyono
- Price
- $50
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Blue Moon EA on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Blue Moon EA is a fully automated expert advisor which contains several trading systems.
Before you buy Blue Moon EA
What the developer claims
- This trading robot can be used for all pairs and all time frames, but it is especially designed for EURUSD 1H time frame.
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 Blue Moon EA
Compiled from its public MQL5 listing. FxRobotEasy has not traded Blue Moon EA; what these notes say about how it works comes from that listing.
Overview
In this review and performance analysis I examine how Blue Moon EA applies several trading systems simultaneously, each order carrying a hidden and fixed stop loss and take profit. The implementation prioritizes risk controls by explicitly avoiding Martingale, grid, and averaging techniques, which sets the product apart from many aggressive robots in the market.
What makes Blue Moon EA unique is the combination of multiple entry logics operating in parallel with per-order fixed risk parameters. The algorithm monitors price structure and momentum on configurable timeframes, with a design optimized for EURUSD 1H yet suitable for other pairs. Execution is handled directly within MT5, using a unique magic number per instance and customizable trade direction. The result is a strategy that generates moderate trade frequency with independent exposures, which helps smooth equity curves during trending and range-bound periods.
Risk management relies on fixed SL/TP and clear position sizing in the settings, with the author recommending minimum account sizes depending on chosen lot sizing.
Risk notes
Blue Moon EA presents a moderate risk profile due to fixed stop loss and conservative trade sizing principles. The stop loss strategy is per-order and fixed or hidden, preventing cumulative exposure from compounded losses and avoiding Martingale escalation. Position sizing is determined by user settings and recommended account equity; the developer suggests conservative lot sizes for smaller accounts and scaling for larger balances. Vulnerabilities include sudden high-volatility news events and exotic pair spreads, which can increase slippage and temporary drawdown. For practical use, a minimum account size of $1,000 is recommended for micro lot testing, with $3,000 to $5,000 suggested for meaningful live deployment of standard micro-to-mini lot strategies.
Listed strengths
- Fixed SL and TP for disciplined risk control
- No Martingale, grid, or averaging strategies used
- Optimized for EURUSD 1H with multi-pair support
- Configurable magic number and trade direction options
Worth checking
- Moderate returns rather than high-growth targets
- Requires active monitoring for news events
- Not plug-and-play for tight equity accounts
- Performance varies by broker execution quality
Setup
Install Blue Moon EA into MT5 by copying the expert file to the Experts folder and restarting the platform. Attach the EA to a EURUSD 1H chart for the recommended baseline and set the Expert Name and Magic Number to avoid trade overlap. Use a low-spread, low-commission broker that allows 1-hour timeframe execution and adequate margin. Begin with a demo account for at least 30 calendar days and forward-test multiple market conditions before live deployment.
Free to try · from FxRobotEasy
Looking for a trading robot you can try free?
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
Scalperology AIby FxRobotEasy
Our multi-pair AI scalper — majors, gold and crypto
- 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 Scalperology AIIt starts on a free demo account: virtual money, every trade visible.
FxRobotEasy on Telegram
The team's notes, every day
- What we ship, what breaks and how we fix it
- Scalperology AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
Blue Moon EA or Scalperology AI?
| Blue Moon EA | Scalperology AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($50) | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Sigit Hariyono | FxRobotEasy |
Blue Moon EA — questions
What is Blue Moon EA?
Blue Moon EA is a MetaTrader 5 Expert Advisor (trading robot) published on the MQL5 Market by Sigit Hariyono, priced at $50 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 Blue Moon EA use?
What makes Blue Moon EA unique is the combination of multiple entry logics operating in parallel with per-order fixed risk parameters. The algorithm monitors price structure and momentum on configurable timeframes, with a design optimized for EURUSD 1H yet suitable for other pairs. Execution is handled directly within MT5, using a unique magic number per instance and customizable trade direction. The result is a strategy that generates moderate trade frequency with independent exposures, which helps smooth equity curves during trending and range-bound periods.
Does Blue Moon EA work on MT4 or MT5?
Blue Moon EA 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 Blue Moon EA cost?
Blue Moon EA is a paid product listed at $50 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-02-08. It is sold and downloaded through the developer's (Sigit Hariyono) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for Blue Moon EA?
FxRobotEasy has not traded Blue Moon EA 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 Blue Moon EA elsewhere comes from its developer or from a third party.
How is Blue Moon EA installed and set up?
Install Blue Moon EA into MT5 by copying the expert file to the Experts folder and restarting the platform. Attach the EA to a EURUSD 1H chart for the recommended baseline and set the Expert Name and Magic Number to avoid trade overlap. Configure trade direction, lot sizing, and risk percent before enabling live trading and confirm the hide SL/TP option if required. Use a low-spread, low-commission broker that allows 1-hour timeframe execution and adequate margin. Begin with a demo account for at least 30 calendar days and forward-test multiple market conditions before live deployment.
Similar expert advisors
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.