RocketFire Free EA is a compact multi-pair trend Expert Advisor offered as a free build. It blends moving-average trend logic with highs/lows confirmation across multiple instruments to generate entries, and ships with example presets for quick demo-validation.

1. Features

Key features you will find in the RocketFire Free EA package (confirm exact parameter names after download):

• Multi-pair operation — designed to run across several pairs simultaneously with pair-specific tuning and presets.
• Trend detection — combines moving averages with highs/lows checks (multi-timeframe-friendly) to confirm directional bias before entries.
• Money management — supports percent-risk sizing and fixed-lot modes; caps for max lot size and max concurrent trades.
• Execution guards — spread filter and session filtering to avoid poor fills and low-liquidity windows.
• Simple trade-management — configurable TP/SL, optional breakeven and basic trailing to protect winners.
• Example setfiles & demo presets — included to help you start demo validation quickly on recommended brokers/pairs.
• Lightweight build — compiled as an .ex5 for MT5; small footprint and fast execution.

2. Install — Exact Steps

Install RocketFire Free EA exactly as follows to avoid runtime issues:

1. Download the attached EA package (compiled .ex5, example setfiles / presets and any README or screenshots).
2. Copy EA into MQL5/Experts in your MetaTrader 5 folder.
3. Place any helper files (if included) into MQL5/Indicators or MQL5/Include as instructed.
4. Restart MT5 so the Navigator refreshes; the new EA should appear under Experts.
5. Attach EA to demo chart (choose the pair/timeframe recommended in the setfile), load provided preset and confirm input values: risk mode, spread guard, TP/SL and max concurrent trades.
6. Enable Algo Trading and check Experts/Journal for runtime messages — if you see missing-file warnings, place those dependencies in the proper folders and restart / compile as needed.

3. Recommended Settings

Starter configuration to validate behavior safely on demo:

• Risk sizing: begin with micro-lots or 0.1%–0.5% equity per trade.
• Timeframes & pairs: follow included presets — test one pair first, then enable multi-pair mode after you confirm fills and logs.
• Spread guard: block entries when spread > typical session spread × 1.5 (adjust per broker/pair).
• Max concurrent trades: 1–3 depending on account size; keep conservative while collecting forward-demo data.
• Logging: enable verbose logs for first 2–4 weeks to capture execution and slippage stats across brokers.

4. Testing Protocol

• Prefer forward-demo testing (≥30 days) as your primary validation — multi-pair systems depend on consistent fills across instruments.
• Backtest only as a rough guide; use tick-replay where available to better estimate execution.
• Collect logs for spread, slippage and execution time; test across at least two brokers (the author recommends Gain Capital or IC Markets as starting points).
• Validate that TP/SL and money-management behave as expected and that the EA auto-disables when limits are breached.

5. Pre-deploy Checklist

[ ] Backup downloaded package & note build/date
[ ] Place files in correct MQL5 folders and restart MT5
[ ] Load included preset and save a custom setfile
[ ] Forward-demo run ≥ 30 days; collect logs/screenshots
[ ] Compare fills across brokers and pick best execution
[ ] Start live only with micro-lots after repeatable demo success

6. Resources

Boost RocketFire’s reliability by pairing it with MT5Toolbox tools that measure volatility, confirm trend and manage sessions.

7. Download

You can download the RocketFire Free EA using the button below. Click the button to start the download and then follow the install steps above to test on demo.

Safety reminder: multi-pair trend EAs depend heavily on execution and consistent fills across instruments — keep strict money-management and always validate on demo before live use.