ExpertClor_v01
ExpertClor_v01 is an Expert Advisor for MetaTrader 5 whose source code could not be read (binary/compiled file). Based on filename convention, it appears to be a systematic trading EA at version 01. Without access to the actual source code, a definitive strategy analysis cannot be performed.
Open the interactive view (equity curve, symbol switch)Key facts
Backtest results (H1, about 1 year)
| Symbol | P&L | Annual | Max DD | Trades | Win rate | Sharpe | Recovery | Losing streak | Per trade | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| EURUSD | -9.71% | -8.49% | 11.29% | 54 | 50.00% | -2.40 | -0.86 | 5 | −$17.97 | Reliable |
| GBPUSD | -1.00% | -0.87% | 4.82% | 59 | 62.10% | -0.15 | -0.21 | 2 | −$1.21 | Reliable |
| USDJPY | +8.53% | +7.37% | 3.62% | 65 | 75.00% | 1.69 | 2.36 | 3 | +$13.09 | Reliable |
| XAUUSD | -100.00% | -100.00% | 100.00% | 6 | 50.00% | -1.94 | -1.00 | 1 | −$1,975.72 | Account stopped out |
Profitable on 1 of 4 markets with reliable results.
Converted from MQL5 to Python and run with the same rules for every EA. Positions use MT5 lot sizes (100,000 units per FX lot, 100 oz per gold lot) with 1:100 leverage, one order at a time, and a stop-out below 10% of the starting balance. Sharpe is computed from the equity curve. Results marked as unreliable are shown for completeness only.
Month by month
| Market | Months with a gain | Best month | Worst month |
|---|---|---|---|
| EURUSD | 38% | +0.28% 2026-01 | -2.69% 2026-09 |
| GBPUSD | 62% | +2.36% 2026-05 | -2.51% 2026-09 |
| USDJPY | 77% | +1.93% 2026-05 | -0.78% 2026-08 |
| XAUUSD | 0% | -4.21% 2025-11 | -100.00% 2026-01 |
From the backtest equity curve, sampled about every two days; only reliable results.
Blow-up risk: High
- Hit a stop-out in our backtest (equity below 10%) on XAUUSD
High: stopped out in our backtest, or martingale/grid sizing without a stop loss. Elevated: martingale or grid sizing with a stop loss, or several positions at once without a stop loss. What the label means and what we found →
Strategy analysis
Source code could not be read, therefore detailed strategy analysis is impossible. The file is in binary format rather than MQ5 source, preventing extraction of entry conditions, exit conditions, position sizing, or money management logic. The name 'Clor' may suggest a color-based trading signal system, which in MT5 EAs typically refers to trading based on indicator color changes such as color-changing moving averages or MACD histograms. The v01 version number indicates this is an initial release that may not have been thoroughly tested or optimized. Re-analysis with actual MQ5 source code is strongly recommended.
Strengths
- Filename follows MT5 EA naming convention indicating basic version management awareness
- v01 version number suggests developer has iterative development plans
- Exists in a downloads directory as MQ5 file, possibly community-validated
Weaknesses
- Source is binary/unreadable, creating significant security and audit risk
- Cannot verify presence of stop-loss, money management, or basic risk controls
- Cannot evaluate strategy logic rationality and stability
- Cannot check for high-risk strategies like martingale or grid without SL
Possible improvements
- Provide MQ5 source code instead of compiled file for review and modification
- Add version notes and changelog to document strategy evolution
Risk assessment
Overall risk: High risk
- Source unreadable, cannot audit trading logic and risk controls
- Binary EA may contain hidden high-risk strategies like martingale or grid without SL
Evaluation scores
Parameters
| Parameter | Default | Description |
|---|---|---|
(unknown) | N/A | Source unreadable, parameter cannot be extracted |
Similar Utility EAs
Backtests are historical simulations and do not guarantee future results. Not financial advice.