ELIN PELIN, BG – September 30, 2026 – PRESSADVANTAGE –

Algo Trading Space, an algorithmic trading company that publishes trading robots, software and educational programs for automated traders, has released a free expert advisor for MetaTrader 5 that trades the euro against the U.S. dollar on the one-hour chart, making it available in September 2026 through the marketplace on its website, algotradingspace.com. The product, named ATS Origin Free EA, is a single-strategy version of one of the four expert advisors that operate inside the company’s ATS Origin Portfolio, a live account that the company runs and publishes, and it carries no purchase price so that traders can study and test the logic before deciding whether to look further. The company said the release coincides with the birthday of its chief executive, an occasion on which the team customarily asks him to share something with the community at no cost.

The expert advisor enters trades according to a crossover of two lines from the Ichimoku indicator, with the shorter line set to 11 periods and the longer line to 24. A purchase is triggered only when the shorter line crosses above the longer one while the price sits above the Ichimoku cloud, and the mirror conditions apply to sales, which is intended to keep positions aligned with the prevailing trend and to limit entries during sideways markets. Each signal must be confirmed by a close beyond the cloud, a filter the company describes as a safeguard against false signals in quiet conditions.

Instead of closing a losing position at a fixed stop, the strategy switches to a recovery grid once the price has moved 120 pips against the initial trade. Additional positions are then added every 40 pips, and the whole sequence is treated as one basket that closes when the combined floating profit reaches a target of 20 dollars at the default lot size of 0.02. The company states that every layer uses the same fixed lot size, so the grid does not follow a martingale pattern in which position sizes multiply after losses. Traders can adjust parameters such as the grid distance and the profit target, or they can disable the grid and run the strategy as a classic single-position system, although the company advises repeating backtests after any change to the supplied settings file.

Performance figures published with the release come from a five-year backtest of the one-hour euro-dollar chart using real tick data. The test recorded a net profit of $1,818.99 on a $10,000 account, a profit factor of 2.29, a win rate of 84.0 percent across 488 trades grouped into 331 baskets, and a maximum equity drawdown of $802, equal to 7.0 percent of the peak. On the live ATS Origin Portfolio account, which is held with a retail forex broker, the euro-dollar strategy had closed four trades at the time of publication, all profitable, for a net gain of $14.33 on 0.08 total lots, a sample the company itself describes as too small to draw conclusions from. The full portfolio, which runs all four expert advisors, had closed 59 trades with a profit factor of 3.18 and an account gain of 4.6 percent over 51 days, figures the company says were verified through its own tracking software. The company notes that past performance does not indicate future results.

The strategy belongs to a portfolio that trades the euro, the British pound, the Australian dollar, the New Zealand dollar and the Swiss franc against various partner currencies, and the company said it revised the portfolio about one month after launch. According to the company, the changes removed a martingale sequence that some of the original expert advisors had used, added protection to the grid so that a losing sequence is closed once losses reach a set level, and introduced two further strategies covering the dollar-franc pair and the Australian and New Zealand dollars against the Canadian dollar. The live account is public, which lets outside observers review open positions and closed trades without relying on the company’s own summaries.

Setup follows a five-step process. Traders download the compiled file, place it in the Experts folder of the MetaTrader 5 data directory, load the supplied settings file, allow web requests to the company’s address so the software can verify its license and retrieve news data, and attach the expert advisor to a euro-dollar chart set to one hour. An on-chart panel then reports the license status and current trading information. Because the grid can hold several positions open at once, the company recommends a virtual private server that keeps the terminal running continuously, and it identifies a balance of around $5,000 as a reasonable baseline, while noting that smaller balances can work if risk parameters are adjusted.

The company also set out the limits of the product. It is designed for MetaTrader 5 accounts that permit hedging and does not work on netting accounts. It is unsuited to traders who want high-frequency scalping, who want full control of each exit, or who cannot tolerate temporary floating drawdowns, and prop firm users are told to check whether a provider’s rules allow grid trading and basket exits. The company recommends testing on a demonstration account before any live use.

“We wanted to give the community something real, so we chose a strategy that is trading in our own portfolio right now and that anyone can inspect, test on a demonstration account and adjust,” a spokesperson for Algo Trading Space said. “Our supporters have followed our trading for a long time, and this release is a way of thanking them. Every setting is visible, and the results are public, so traders can judge the logic for themselves.”

Algo Trading Space is operated by EA Academy LTD, a company registered in Bulgaria, and its website brings together trading robots, trading software, an academy with courses, a free course on algorithmic trading and published results from live, funded and challenge accounts. The company maintains a YouTube channel and a Discord community and has more than ten years of experience trading automated strategies. Trading foreign exchange involves a high level of risk, and the materials the company publishes are educational and do not constitute trading advice.

###

For more information about Algo Trading Space, contact the company here:

Algo Trading Space
Marin Stoyanov
support@algotradingspace.com
1 Novoseltsi Blvd
Elin Pelin, 2100
Bulgaria

Media gallery

About The Author
PressAdvantage