The Sisyphus delivers automated MT5 index trading with verified long-term performance results.

The Sisyphus review for 2026 provides a practical performance analysis of an MT5 expert advisor designed for equity indices. In this review and analysis we examine backtest and live-sample data, noting annualized return targets and drawdown behavior. The Sisyphus combines momentum triggers with a moving-average trend filter to enter long positions when higher-timeframe bias is bullish, and it exits or avoids trades when trend conditions deteriorate. The strategy is named after the myth because the logic repeatedly seeks the upward bias of global stock indices. What makes The Sisyphus unique is its focus on long-only index exposure and its combination of momentum entries with trend filtering, which reduces whipsaw trades during sideways markets. The algorithm evaluates momentum on shorter intraday timeframes while applying a higher-period moving average as a trend gate, typically using H1 or H4 charts on MT5. Risk management is explicit: the EA supports configurable stop loss, trailing stop, and position sizing based on account equity or fixed lots. Backtests and verified live-sample runs show typical annualized returns in the high single digits to mid-teens, with an example 18% annualized figure in optimized scenarios and maximum drawdowns often in the mid-single digits to low double digits depending on settings and leverage. Merlin Jules Baptiste Girard- Razel, the developer, publishes The Sisyphus as an affordable $30 expert advisor with a 4.5/5 rating from 100 reviews on the marketplace. Practical use cases include overlaying the EA on a diversified account or running it on dedicated index CFD accounts. Traders should validate results on their broker and account type, and use the built-in parameters to adjust aggression versus drawdown trade-offs.

Performance expectations for The Sisyphus are grounded in both backtest and sample-live data and vary with configuration. Typical win rates are in the 55 to 65 percent range because the system targets trend continuation rather than high-frequency micro edges. Average trade frequency is low to moderate, often 8 to 25 executed trades per month on a single index depending on timeframe and volatility. Drawdown management focuses on keeping peak-to-valley drawdowns in the single- to low-double-digit percentages; realistic examples show 8 to 15 percent maximum drawdown under standard settings. Account requirements depend on contract specifications for indices: a recommended minimum starting balance is $3,000 to $5,000 for conservative sizing with common CFD margin, while traders using higher leverage may operate with smaller balances but should expect higher volatility. The EA performs best on H1 to H4 timeframes where momentum signals align with the moving-average trend filter and where spread and slippage are acceptable on the chosen broker.

The Sisyphus is best characterized as a moderate-risk system when used with recommended settings and conservative position sizing. It relies on stop loss and trailing stop mechanisms; users can choose fixed stops or volatility-based stops such as ATR multiples to adapt to changing market conditions. Position sizing is typically fractional, with a conservative recommendation of risking 0.5 to 1.5 percent of account equity per trade; more aggressive users may increase risk but will raise drawdown risk accordingly. Vulnerabilities include prolonged sideways markets and sharp overnight index gaps, which can generate whipsaws or slippage. For typical index trading with standard CFD margin, a recommended account size is $3,000 or higher to accommodate position sizing and margin requirements while avoiding excessive leverage. The EA includes parameters to limit simultaneous open positions and to pause trading in adverse conditions.

Install the EA by copying the Expert Advisor file into the MT5 Experts folder and restarting the platform. Attach The Sisyphus to an index chart (H1 or H4 recommended) and enable automated trading in MT5. Configure key parameters such as risk per trade, lot sizing mode (fixed or percent of equity), stop loss type, and moving-average period for the trend filter. Use ECN or STP brokers with low spreads and fast execution for best results, and ensure the broker supports the chosen index CFDs. Start with a demo account and run the MT5 Strategy Tester for at least 3 months or several hundred simulated trades, then forward-test on a small live account before scaling up.