Steady Edge EA – User Guide

Thank you for purchasing Steady Edge, a high-precision mean reversion system designed to trade key forex pairs with consistency and minimal intervention.

This guide will help you set up and run the EA on your MetaTrader 5 (MT5) platform.

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Supported Pairs

Steady Edge is optimized for the following pairs:

AUDCAD

AUDUSD

EURGBP

GBPAUD

NZDCAD

Recommended timeframe: M15

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Files Included

Steady_Edge_v1.0.ex5 (the Expert Advisor file)

.set file (pre-configured settings for each supported pair)

This README file

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Installation Instructions

Open MetaTrader 5.

Go to File > Open Data Folder.

Open the MQL5 > Experts folder and paste the Steady_Edge_v1.0.ex5 file there.

Open the MQL5 > Presets folder and paste the .set files there.

Restart MetaTrader 5.

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Setting Up the EA

Open a M15 chart for one of the supported pairs (e.g. AUDCAD).

In the Navigator panel, drag and drop SteadyEdge onto the chart.

Enable Algo Trading (Ctrl + E or via the toolbar).

In the EA settings window, click “Load” and select the correct .set file for the pair.

Repeat this for each pair you want to trade (one chart per pair).

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Risk Settings

The back-test results shown are based on a $100,000 USD account, risking $25 USD per trade (0.025%).

You can adjust this risk level to suit your account size. Risking more than $25/$100,000 per trade increases drawdown and vice versa
For example:

$10,000 account = ~$2.50 risk per trade

$50,000 account = ~$12.50 risk per trade

To change the risk:

Right-click the chart, go to Expert Advisors > Properties

Find the risk input and adjust it accordingly (or edit the .set file directly)

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Important Notes

Use one chart per pair only.

Ensure your broker offers all supported pairs and allows hedging.

For best performance, run the EA on a VPS 24/5.