Double Edged Katana delivers disciplined MT5 automation to capture session-driven momentum trades

This 2026 review includes a focused performance analysis of Double Edged Katana and examines live account behavior under real market conditions. The review evaluates how the EA navigates session volatility, its average trade duration, and the impact of a two-trade-per-day cap on monthly returns. Double Edged Katana is unique in combining strict execution rules with session filters, a two-sided entry model and time-based cleanup, which together form a compact, disciplined trading plan that reduces emotional decision-making. The algorithm detects momentum bursts within defined trading sessions and places entries on both sides to capture directional moves regardless of initial bias. Position sizing is adaptive relative to account equity on E accounts, and stop logic is embedded to limit adverse runs. In backtests and verified live samples, Double Edged Katana shows brief average holding times and a focus on high-probability short-duration trades. Filip Dockal designed the EA for MT5 to emphasize rule clarity and reproducibility rather than discretionary discretion. Market conditions that reward this approach include clear session-defined volatility such as Tokyo and London overlaps on USDJPY. The EA is not built for trending, multi-day moves and will underperform in low-volatility chop or prolonged directional trends without session spikes. Overall, this analysis finds Double Edged Katana provides a conservative, methodical entry set suitable for traders wanting automated session momentum exposure with disciplined risk limits and transparent execution.