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Name: Gyroscopes MT5
Version: Latest version
Developer by: Nadiya Mirosh
The Right Platform: Meta Trader 5 (MT5)
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Gyroscope EA MT5 is an automated Expert Advisor (EA) for MetaTrader platforms that uses Elliott Wave Index to analyze market structures and execute trades. Based on the classic 5-wave trend phase and 3-wave correction phase, this EA identifies key market patterns with exceptional precision.
At its core, the bot is powered by an advanced transaction control algorithm that automatically detects valid Elliott Wave cycles and places trades accordingly—no manual intervention required.
The EA follows the foundational principles of Elliott Wave theory, including:
Impulse waves (1, 3, 5) – driving price in the dominant direction
Corrective waves (2, 4, A-B-C) – providing short-term counter-moves
Strict rules such as: wave 2 never retraces beyond wave 1’s start, wave 3 is never the shortest, and wave 4 does not overlap wave 1 territory.
Official Website: See here
Automated Elliott Wave analysis – detects all 8-wave cycles with high accuracy
Multi-pair compatibility – optimized for 12 major and minor forex pairs
Advanced trade control algorithm – executes trades only when valid wave structures are present
Customizable SL and TP levels – supports both real and virtual stop loss/take profit
Fully autonomous – no manual trading required
Captures both trends and corrections – trades in impulsive and corrective phases
Boosts trading efficiency: By applying structured wave analysis, trades are executed at statistically favorable points.
Eliminates emotional decisions: 100% logic-based operation, free from news noise or psychological bias.
Versatile across markets: Works effectively on multiple forex pairs, offering portfolio diversification.
Enhanced risk control: Built-in TP and SL levels keep risk exposure in check, even in volatile markets.
Saves time: The EA handles all market analysis and trade execution automatically.
Gyroscope EA on GBPUSD delivers outstanding long-term profitability with tight risk management and consistent wave-based logic. This EA capitalizes on both impulsive and corrective market phases using Elliott Wave patterns.
Backtest Duration: 1993–2023 (30 years)
Starting Capital: $1,000
Total Net Profit: $175,966.06
Maximum Drawdown (Balance): 1.42%
Win Rate: 79.42%
Profit Factor: 6.29
Lot Sizing Strategy: Fixed lot (unspecified)
With over 13,000 trades executed, a drawdown of just 1.42%, and $175k net profit, Gyroscope EA proves itself as a high-precision, low-risk solution for serious long-term GBPUSD traders. Its mathematical foundation provides a scalable advantage for disciplined trading portfolios.
Gyroscope EA on AUDUSD proves its ability to deliver steady, long-term profits with minimal drawdown and consistent execution. Utilizing Elliott Wave theory as its foundation, the EA adapts to market phases with surgical precision.
Backtest Duration: 1993–2023 (30 years)
Starting Capital: $1,000
Total Net Profit: $44,992.34
Maximum Drawdown (Balance): 1.95%
Win Rate: 76.58%
Profit Factor: 4.84
Lot Sizing Strategy: Fixed lot (unspecified)
Gyroscope EA on USDJPY showcases long-term profitability with consistent execution across decades of historical data. Powered by Elliott Wave logic and robust risk control, this EA delivers smooth equity growth with impressive win rates and minimal drawdown.
Backtest Duration: 1971–2023 (52 years)
Starting Capital: $1,000
Total Net Profit: $55,701.34
Maximum Drawdown (Balance): 15.31%
Win Rate: 76.25%
Profit Factor: 5.05
Lot Sizing Strategy: Fixed lot (unspecified)
Gyroscope EA demonstrates exceptional long-term consistency and growth, powered by a mathematically grounded Elliott Wave strategy. With over 10,000 trades executed across decades of data, it showcases robust performance and disciplined precision.
Backtest Duration: 1971–2023 (52 years)
Starting Capital: $1,000
Total Net Profit: $36,270.43
Maximum Drawdown (Balance): 0.65%
Win Rate: 83.41%
Profit Factor: 8.58
Lot Sizing Strategy: Fixed lot size (unspecified)
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 |
VPS | Optional, for uninterrupted advisor operation. |
🤗WISH YOU SUCCESSFUL TRADING🤗
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