Dream Bot (MT5) — review, price and free alternatives

Dream Bot demonstrates consistent trade logic by combining price action with a moving average filter and enforcing hard stop loss and take profit levels; this approach is intended to avoid risky techniques and to make drawdown behavior more predictable. The author, Antonius Loubser, publishes the EA for MT5 and documents recommended pairs, timeframe, and capital per lot so users can reproduce results under compatible broker conditions.

The algorithm opens moderate-frequency trades on multiple instruments simultaneously, which smooths equity curve volatility when correlations are managed. Risk settings default to conservative ratios, and users must set separate magic numbers per chart and run the EA with default settings for reliable performance comparisons. Overall, Dream Bot provides transparent rules, straightforward installation on MT5, and predictable trade sizing that experienced users can quantify before deployment.

Dream Bot carries a moderate risk profile due to multipair exposure and fixed stop loss placement. The stop loss strategy is hard-coded as fixed SL/TP on each trade, which limits tail risk but produces occasional losing streaks during volatile market shocks. Position sizing follows a clear guideline recommending roughly $200 of capital per 0.01 lot when trading all pairs, which controls per-trade risk and aggregate exposure. Vulnerabilities include abnormal broker server times, high spreads, and extreme news events that can widen stops. For typical deployment, a starting account of $1,000 to $5,000 is recommended depending on the number of pairs enabled and the trader's drawdown tolerance.

Install Dream Bot into MT5 by copying the EA file into the Experts folder, restarting MT5, and attaching the EA to M5 charts for each recommended pair. Use default settings on all charts and assign a unique magic number per instance to avoid trade overlap. Configure a VPS and choose a low spread ECN broker with GMT+2/3 server time to match documented tests. Key parameters include lot sizing, risk capital per 0.01 lot, and enabling recommended pairs from the screenshot.