Shamash delivers automated MT5 trading with verified performance and risk controls
Discover Shamash 2026 with verified trading results, 4.5/5 from 100 reviews, real win rates, drawdown stats and entry rules for informed trading decisions.

Trading Strategy
Core approach and methodology
Key Features
Powerful capabilities designed for professional trading
Configurable lot increments with default lot_size of 0.01
User-set stop_loss and take_profit values for trade control
Order deviation parameter reduces slippage on execution
Designed for MT5 with low resource consumption
Suitable for micro accounts and small initial balances
Simple settings make backtesting and optimization straightforward
Who Should Use Shamash?
This expert advisor is designed for these trader profiles
Beginner Trader
Entry LevelBeginners looking to automate trades with small initial capital
Ideal Trader
RecommendedActive traders wanting systematic entries and clear exit rules
Ideal Trader
RecommendedDisciplined users who will monitor drawdown and position sizing
Ideal Trader
RecommendedInvestors testing EA performance on demo accounts first
Detailed Review
This Shamash review for 2026 examines performance and provides an in-depth analysis of how the expert advisor behaves across live and historical data. The review references verified account snapshots, the product price of $30, and a community rating of 4.5/5 from 100 reviews to contextualize results. Shamash is unique because it is intentionally simple: default parameters include lot_size 0.01, stop_loss 900 points, take_profit 95 points, and order_deviation 4, and the code exposes these variables so traders can adjust risk profiles quickly. The algorithm works by opening calibrated entries based on the built-in signal logic and applying incremental lot sizing when configured by the user. It is not a black box that requires constant tuning; instead Shamash offers transparent parameters and predictable behavior under defined market rules. It handles trending forex pairs and moderately volatile sessions best, while large news spikes can create latency and slippage that hurt short-term returns. Risk management is primarily parameter-driven, emphasizing strict stop loss enforcement and conservative initial lots. Expected performance characteristics include moderate trade frequency, variable monthly returns dependent on pair selection, and drawdowns that reflect how aggressively a user increases lots. Overall, this analysis shows Shamash excels as a straightforward MT5 expert advisor for traders who prioritize transparency and controllable risk.
Performance Analysis & Real Trading Results
Comprehensive analysis of real-world trading performance and statistical metrics
Shamash Risk Assessment
Comprehensive analysis of potential risks and mitigation strategies
Conservative trading strategy with capital preservation focus
Risk Factors Breakdown
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Overall Risk Level
Based on historical data and strategy analysis
Risk Factors Breakdown
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Risk Mitigation Strategies
Shamash Setup Guide & Installation
Step-by-step instructions to get Shamash running on your MT5 platform
Step 1
Install Shamash by copying the expert file into the MT5 Experts folder and restarting the terminal. Compile or attach the EA to the desired chart, then enable automated trading and allow live trading. Configure key parameters such as lot_size (default 0.01), stop_loss (default 900 points), take_profit (default 95 points) and order_deviation (default 4). Choose an ECN or STP broker with low spreads and hedging allowed for best results. Use M15 to H1 timeframes for signal clarity and run a 12-month backtest followed by a three-month demo forward test before trading live.
Prerequisites Checklist
Complete Installation Instructions
Ready to Install?
Download Shamash from the MQL5 Market
Developed by Alexandro Matos
Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.
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Original MQL5 Product
Shamash is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.
View on MQL5.comGet Started with Shamash
Join hundreds of traders already using Shamash for automated trading success.
What You Get
- Instant download and installation
- Lifetime updates and support
- Access to live performance data
- Detailed setup documentation
- Community support and resources









