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Name: Associate Manager
Version: Latest version
Developer by: Nadiya Mirosh
The Right Platform: Meta Trader 5 (MT5)
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Associate Manager EA MT5 is a high-end automated trading expert, built on the foundation of Elliott Wave Theory – a renowned technical analysis method that describes market behavior through wave structures. This EA supports major currency pairs such as EURUSD, GBPUSD, USDJPY, AUDUSD, and USDCHF, allowing traders to capture market cycles with high precision.
✅ Real-time market analysis, detecting wave patterns and adjusting strategies accordingly.
✅ Advanced trade control, supporting both real and virtual order protection:
r Stop-Loss / r Take-Profit – Real stop-loss and take-profit
v Stop-Loss / v Take-Profit – Virtual SL/TP to avoid broker stop hunting
Magic Number – Unique identifier for each trading session
✅ Smart Money Management:
Fix Lot – Trades a fixed volume per order
Money Management On – Automatically adjusts lot size based on account balance
Lot Decimal – Rounds the lot size to precise decimals
✅ Spread Protection – Trades only within acceptable spread limits, reducing costs and minimizing unexpected risks.
Easy to use for both professional traders and beginners
Trades based on structured market logic, not emotional signals
Optimizes profit and manages risk in both trending and corrective phases
Multi-pair support, adaptable to various trading strategies
This backtest presents the historical performance of the Associate Manager EA on the GBPUSD currency pair using MetaTrader 5 (MT5), spanning three decades of price data. The EA is based on Elliott Wave Theory, which helps identify wave patterns and execute trades with high precision. The test highlights exceptional consistency, low drawdown, and high win rate—making it suitable for both long-term growth and prop firm evaluations.
Backtest Summary – GBPUSD (H1 Timeframe)
Test Period: May 12, 1993 – July 1, 2023
Initial Deposit: $1,000
Total Net Profit: $175,966.06
Expected Payoff: $12.61 per trade
Maximum Drawdown (Balance): 0.65% ($654.92)
Maximum Drawdown (Equity): 2.09% ($2,570.76)
Win Rate (Profit Trades): 79.42% (11,081 wins)
This backtest report showcases the performance of the Associate Manager EA on the USDCHF currency pair over several decades using MetaTrader 5. Utilizing a structured approach inspired by Elliott Wave Theory, the EA combines precision market entries with advanced risk control, ensuring sustainable account growth and robust trade performance.
Backtest Summary – USDCHF (H1 Timeframe)
Test Period: January 4, 1971 – July 1, 2023
Initial Deposit: $1,000
Total Net Profit: $24,303.51
Max Drawdown (Balance): 12.45% ($646.96)
Max Drawdown (Equity): 12.72% ($659.17)
Profit Trades: 78.54% (8,338 winning trades)
This backtest report evaluates the performance of the Associate Manager EA on the AUDUSD currency pair using MetaTrader 5 (MT5). It highlights the EA’s ability to generate long-term profits with steady risk control and high trade accuracy. The EA is built for disciplined traders seeking consistent growth using Elliott Wave-based logic and smart order management.
Backtest Summary – AUDUSD (H1 Timeframe)
Test Period: April 27, 1993 – July 1, 2023
Initial Deposit: $1,000
Total Net Profit: $44,992.34
Profit Factor: 4.84
Recovery Factor: 46.55
Max Drawdown (Balance): 0.92% ($249.77)
Max Drawdown (Equity): 3.60% ($966.54)
The backtest report in this image evaluates the performance of the Associate Manager EA on the USDJPY pair using MetaTrader 5 (MT5). The test covers a long historical period, offering deep insights into the EA’s profitability, stability, and risk metrics over decades of simulated trading.
🔹Associate Manager EA backtest summary with $1,000 initial capital shows the following detailed performance:
Key Metrics
Timeframe: 1 Hour (H1)
Test Period: January 4, 1971 – July 1, 2023
Initial Deposit: $1,000
Total Net Profit: $55,701.34
Maximum Drawdown (Balance): 15.31% ($323.02)
Maximum Drawdown (Equity): 18.84% ($412.00)
Win Rate (Profit Trades): 76.25% (11,186 winning trades out of 14,668 total trades)
Name | Fit |
---|---|
Trading platform | Meta Trader 5 (MT5) |
Time frames | H1 |
Currency pairs | EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF. |
Min / Recommended deposit | $10,000 (or equivalent or equivalent in another currency). |
Min / Recommended leverage | Any (1:100) |
VPS | Optional, for uninterrupted advisor operation. |
🤗WISH YOU SUCCESSFUL TRADING🤗
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