Melona mt5

Automated Trading Robot with ATR Indicators and Risk Management

100% Free

Runs on MetaTrader 5 on a computer · 60 KB

The robot uses ATR, EMA, and RSI indicators to execute trades with risk management, lot sizing, and trailing stop features, along with volatility and trend filters. Important warning: This robot is high risk and can completely wipe out the account, so test it on a demo account first. In the Yakuzza test on XAUUSD (M15) for September 2026, the number of trades reached 35.

PlatformMetaTrader 5

PriceFree

Yakuzza test result

We ran this robot in the MetaTrader 5 Strategy Tester on XAUUSD (M15) over September 2026. It loaded without errors and opened 89 trades.

High risk: in our tests this robot used grid/multiplier logic or a deep drawdown that can wipe an account. Try it on a demo account first.

How to install

Open MetaTrader 5, then File -> Open Data Folder. Go into the MQL5 folder, then Experts for a robot or Indicators for an indicator, and drop the file there. Restart the platform and you will find it in the Navigator panel.

Library last updated: 2026-10-18

Questions about Melona mt5

Is Melona mt5 free?

Yes. Melona mt5 is free to download on Yakuzza, with no subscription and no card. You only need a free account to download it.

Does Melona mt5 work on MT4?

No. The file in our library is built for MetaTrader 5 (.ex5), so it will not load in MetaTrader 4. MetaTrader 5 is free from your broker.

Which symbol and timeframe should I use?

The developer does not list fixed settings. We tested it on XAUUSD M15, so that is a safe place to start on a demo account.

Has Melona mt5 been tested?

Yes. We ran it in the MetaTrader 5 Strategy Tester on XAUUSD (M15) over September 2026; it loaded without errors and opened 89 trades. Warning: it used grid/multiplier logic or a deep drawdown in our test, which can wipe an account.