Loading...
Enigmion EA MT5 (MT5) — review, price and free alternatives
MT5 expert advisor$299 on MQL5by Noha Mohamed Fathy Younes Badr
Enigmion EA MT5 is a MetaTrader 5 expert advisor by Noha Mohamed Fathy Younes Badr, sold on the MQL5 Market for $299. 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.
Enigmion EA MT5 — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Expert advisor
- Developer
- Noha Mohamed Fathy Younes Badr
- Price
- $299
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Enigmion EA MT5 on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Enigmion EA – Professional AUDCAD Expert Advisor for M5 (No Martingale) Enigmion EA is a professional automated trading system developed exclusively for AUDCAD on the M5 timeframe.
Before you buy Enigmion EA MT5
What the developer claims
- It focuses on disciplined execution, strict trade filtering, and intelligent risk management .
- The strategy avoids high-risk techniques and is designed for stable, controlled trading behavior .
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 Enigmion EA MT5
Compiled from its public MQL5 listing. FxRobotEasy has not traded Enigmion EA MT5; what these notes say about how it works comes from that listing.
Overview
This initial section summarizes performance metrics and methodological transparency.
What makes Enigmion EA MT5 unique is its narrow market focus and rule-based entry logic. Developed by Noha Mohamed Fathy Younes Badr for the MT5 platform, the algorithm applies proprietary filters to time and price structure on five-minute charts, requiring several condition checks before execution. The code avoids martingale and similar risk-amplifying techniques, instead using fixed, configurable lot sizing and dynamic stop placement based on recent volatility. The developer provides parameter sets for conservative and moderate sizing and documents both backtest and live-forward check results.
Enigmion EA MT5 handles trending and range-bound conditions on AUDCAD reasonably well because its filters respond to short-term momentum and support/resistance structures, but it is sensitive to spread spikes and negative slippage during major economic releases. Support, regular updates, and recommended settings are provided to help maintain consistent behavior over time.
Risk notes
Enigmion EA MT5 presents a conservative to moderate risk profile when used with recommended settings. The system explicitly avoids martingale and uses fixed or risk-per-trade position sizing combined with volatility-adjusted stop losses to limit downside. Stop loss placement is dynamic and based on recent price structure, while position sizing can be configured as fixed lot, percentage risk, or volatility-based lots. Vulnerabilities include sensitivity to slippage, widened spreads during news events, and broker execution delays. Recommended account size depends on risk tolerance; for conservative operation a funded account of at least $5,000 is advised with leverage kept moderate.
Listed strengths
- Dedicated AUDCAD M5 strategy for intra-day traders
- Strict risk controls with no martingale
- Configurable stop loss and lot sizing options
- Low drawdown focus suitable for conservative accounts
Worth checking
- Requires stable broker execution and low spreads
- Not suitable for aggressive high-leverage strategies
- Initial cost of $299 may deter budget traders
Setup
Install the Enigmion EA MT5 file into the MT5 Experts folder, refresh the navigator, and attach the EA to an AUDCAD M5 chart. Test on a demo account first with recommended parameters, run a 3–6 month forward test, and review equity curve, slippage, and drawdown before deploying to a funded account.
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
Enigmion EA MT5 or Scalperology AI?
| Enigmion EA MT5 | Scalperology AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($299) | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Noha Mohamed Fathy Younes Badr | FxRobotEasy |
Enigmion EA MT5 — questions
What is Enigmion EA MT5?
Enigmion EA MT5 is a MetaTrader 5 Expert Advisor (trading robot) published on the MQL5 Market by Noha Mohamed Fathy Younes Badr, priced at $299 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 Enigmion EA MT5 use?
What makes Enigmion EA MT5 unique is its narrow market focus and rule-based entry logic. Developed by Noha Mohamed Fathy Younes Badr for the MT5 platform, the algorithm applies proprietary filters to time and price structure on five-minute charts, requiring several condition checks before execution. The code avoids martingale and similar risk-amplifying techniques, instead using fixed, configurable lot sizing and dynamic stop placement based on recent volatility. The developer provides parameter sets for conservative and moderate sizing and documents both backtest and live-forward check results.
Does Enigmion EA MT5 work on MT4 or MT5?
Enigmion EA MT5 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 Enigmion EA MT5 cost?
Enigmion EA MT5 is a paid product listed at $299 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-01-20. It is sold and downloaded through the developer's (Noha Mohamed Fathy Younes Badr) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for Enigmion EA MT5?
FxRobotEasy has not traded Enigmion EA MT5 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 Enigmion EA MT5 elsewhere comes from its developer or from a third party.
How is Enigmion EA MT5 installed and set up?
Install the Enigmion EA MT5 file into the MT5 Experts folder, refresh the navigator, and attach the EA to an AUDCAD M5 chart. Configure core parameters such as lot sizing method, maximum daily trades, and volatility multipliers before enabling live trading. Use ECN or low-spread brokers with reliable execution and enable DLL and live trading permissions in MT5 settings. Test on a demo account first with recommended parameters, run a 3–6 month forward test, and review equity curve, slippage, and drawdown before deploying to a funded account.
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.