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ChanLun Overlay (MT5) — review, price and free alternatives
MT5 indicator$99 on MQL5by Bu Yao Wu
ChanLun Overlay is a MetaTrader 5 indicator by Bu Yao Wu, sold on the MQL5 Market for $99. 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.
ChanLun Overlay — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Indicator
- Developer
- Bu Yao Wu
- Price
- $99
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded ChanLun Overlay on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
ChanLun Overlay Product Overview ChanLun Overlay is a native MetaTrader 5 indicator for visualizing ChanLun market structures directly on the chart.
Before you buy ChanLun Overlay
What the developer claims
- The indicator is designed for traders who already understand ChanLun concepts and want a flexible visual analysis tool inside MT5.
Quoted from the listing. We have not tested these claims.
What to check first
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT5 indicator in the Strategy Tester before you buy.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on ChanLun Overlay
Compiled from its public MQL5 listing. FxRobotEasy has not traded ChanLun Overlay; what these notes say about how it works comes from that listing.
Overview
ChanLun Overlay by Bu Yao Wu represents a comprehensive automated trading solution for MT5 traders. What sets ChanLun Overlay apart is its balanced approach to trade execution and capital preservation.
Risk notes
ChanLun Overlay implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT5 platform compatibility
- Developed by experienced Bu Yao Wu
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing ChanLun Overlay on MT5 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
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.
Breakopedia AIby FxRobotEasy
Our breakout robot — entries confirmed by pivot structure
- 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 Breakopedia 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
- Breakopedia AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
ChanLun Overlay or Breakopedia AI?
| ChanLun Overlay | Breakopedia AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($99) | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Bu Yao Wu | FxRobotEasy |
ChanLun Overlay — questions
What is ChanLun Overlay?
ChanLun Overlay is a MetaTrader 5 indicator published on the MQL5 Market by Bu Yao Wu, priced at $99 USD. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
Does ChanLun Overlay work on MT4 or MT5?
ChanLun Overlay 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 ChanLun Overlay cost?
ChanLun Overlay is a paid product listed at $99 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-05-10. It is sold and downloaded through the developer's (Bu Yao Wu) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for ChanLun Overlay?
FxRobotEasy has not traded ChanLun Overlay 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 ChanLun Overlay elsewhere comes from its developer or from a third party.
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.