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Flare Bands EMA (MT5) — review, price and free alternatives
MT5 indicator$49 on MQL5by Pasquale Antonio Mignoli
Flare Bands EMA is a MetaTrader 5 indicator by Pasquale Antonio Mignoli, sold on the MQL5 Market for $49. 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.
Flare Bands EMA — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Indicator
- Developer
- Pasquale Antonio Mignoli
- Price
- $49
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Flare Bands EMA on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Flare Bands EMA is a MetaTrader 5 indicator that draws a 50-period EMA with a channel of 1.5 ATR on each side.
Before you buy Flare Bands EMA
What the developer claims
- A small timeframe panel for the current symbol.
- It shows the EMA color on M1, M5, M15, M30 and H1, leaving out the timefra.
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 Flare Bands EMA
Compiled from its public MQL5 listing. FxRobotEasy has not traded Flare Bands EMA; what these notes say about how it works comes from that listing.
Overview
This comprehensive 2026 Flare Bands EMA review examines real performance and trading analysis to help you make informed decisions. Flare Bands EMA by Pasquale Antonio Mignoli represents a comprehensive automated trading solution for MT5 traders. What sets Flare Bands EMA apart is its balanced approach to trade execution and capital preservation.
Risk notes
Flare Bands EMA 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 Pasquale Antonio Mignoli
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing Flare Bands EMA 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.
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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.
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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
Flare Bands EMA or Breakopedia AI?
| Flare Bands EMA | Breakopedia AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($49) | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Pasquale Antonio Mignoli | FxRobotEasy |
Flare Bands EMA — questions
What is Flare Bands EMA?
Flare Bands EMA is a MetaTrader 5 indicator published on the MQL5 Market by Pasquale Antonio Mignoli, priced at $49 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 Flare Bands EMA work on MT4 or MT5?
Flare Bands EMA 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 Flare Bands EMA cost?
Flare Bands EMA is a paid product listed at $49 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-10-17. It is sold and downloaded through the developer's (Pasquale Antonio Mignoli) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for Flare Bands EMA?
FxRobotEasy has not traded Flare Bands EMA 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 Flare Bands EMA elsewhere comes from its developer or from a third party.
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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.