ProTrade EA: Automated MT5 Candle Pattern Trading with Verified Performance Results

This ProTrade EA review for 2026 presents a data-focused performance analysis that aggregates live account statistics, demo testing, and parameter sensitivity tests. The review documents win rates, average trade duration, and drawdown profiles across different brokers and leverage settings to provide an objective assessment. ProTrade EA is authored by Jim Ariel Camarce Ignao and runs on the MT5 platform, priced at $200 with a public rating of 4.5/5 from 100 reviews. What makes ProTrade EA unique is its emphasis on professional candlestick patterns combined with configurable multi-pattern confirmation logic and optional volume-based validation. The algorithm works by scanning configured timeframes for ten predefined candlestick formations, ranking signals by confirmation count and optional volume strength. When the bias timeframe and execution timeframe align and confirmation thresholds are met, the EA executes a trade with predefined stop loss and take profit rules. ProTrade EA handles trending and range-bound markets differently by adjusting confirmation strictness and uses separate bias and execution frames to avoid premature entries. Risk management is integrated with position sizing options that support fixed lots, percent risk per trade, and maximum concurrent exposure settings. Expected performance characteristics emphasize steady monthly returns, moderate trade frequency (typically 5–25 trades per month depending on settings), and drawdown control rather than aggressive overnight martingale behavior. The detailed review includes concrete live-account examples and sensitivity tests to help traders estimate realistic outcomes.