Banana EA

Fully automated algorithmic Expert Advisor executing the classic Banana breakout strategy with dynamic risk management and trailing stop algorithms.

Key Features:

100% automated trade detection, order entry, and position management for MT4 & MT5
Native pending stop orders and market order execution engines
Intelligent trade management: Dynamic trailing stop, break-even protection, and 3 partial close levels

$3997 USD / one-time

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Banana EA is a fully automated Expert Advisor for MetaTrader 4 and MetaTrader 5, engineered to execute the rules of the iTradeAIMS Banana Strategy with algorithmic discipline. It continuously scans closed candles across your charts, detects qualifying Banana and Seed setups, validates market filters, and executes orders with native low-latency speed.

Banana EA On-Chart Dashboard — Banana EA Live On-Chart Dashboard: Monitoring session status, open risk exposure, and active trade management.

End-to-End Automated Trade Execution

Eliminating emotional hesitation and execution fatigue, Banana EA manages the entire lifecycle of every position. From intelligent pending stop order placement to dynamic multi-stage trailing stops, break-even locks, and up to three partial profit targets, every trade is managed systematically according to your chosen risk profile.

Banana EA MT5 Suite Dashboard — Banana EA MT5 Architecture: Native MQL5 execution, multi-currency position handling, and fast strategy tester optimization.

Institutional Capital Preservation: Smart Risk Monitor

Featuring the institutional Smart Risk Monitor, Banana EA safeguards your capital with daily and weekly drawdown caps, high-water mark trailing protection, consecutive loss circuit breakers, and session profit locks—making it the ideal automated solution for private accounts and prop firm challenges alike.

Banana EA Signal Diagnostics — Real-Time Diagnostics: Detailed logging of trend checks, ATR volatility thresholds, and filter decisions directly in your terminal Experts journal.

Banana EA Software Licenses for MetaTrader 4 (.ex4) and MetaTrader 5 (.ex5)
Turnkey Preset Files (.set) optimized for major Forex pairs and Indices
Complete Quick Start & Installation User Manual for MT4/MT5
Smart Risk Monitor & Prop Firm Challenge Configuration Guide
VPS Setup Guide & Low-Latency Execution Documentation
Dedicated VIP Algorithmic Support & Updates

100% automated trade detection, order entry, and position management for MT4 & MT5
Native pending stop orders and market order execution engines
Intelligent trade management: Dynamic trailing stop, break-even protection, and 3 partial close levels
Built-in Smart Risk Monitor: Daily & weekly drawdown caps and trailing High-Water Mark protection
Prop firm challenge mode with strict equity safeguards and consecutive loss breakers
Multi-layer market filters: EMA trend stack, ADX strength, ATR volatility, and daily ADR range filters
Two independent configurable trading session windows with day-of-week controls
Real-time on-chart GUI dashboard showing account health, risk metrics, and active session state
Optimized for MetaTrader 5 multi-threaded Strategy Tester and historical backtesting
Execution and decision diagnostics logged directly to the terminal Experts journal

What trading platforms does Banana EA support?

Banana EA is natively built for both MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The MT5 edition utilizes native MQL5 multi-threaded position handling and fast backtesting.

Do I need a VPS to run Banana EA?

While Banana EA can run on any desktop computer with MetaTrader open, we strongly recommend using a Windows Virtual Private Server (VPS) with low latency to your broker for uninterrupted 24/5 algorithmic execution.

Does Banana EA work with Prop Firm Challenges?

Yes. Banana EA includes dedicated Challenge Protection modes featuring customizable daily drawdown limits, weekly equity caps, trailing high-water mark thresholds, and max loss breakers to comply with strict prop firm evaluation rules.

What trading style does the EA use?

Banana EA executes the Banana Strategy: a rule-based pullback continuation method that enters in the direction of strong trends. It never uses dangerous martingale, grid, or unhedged averaging techniques.

Can I customize the risk percentage per trade?

Yes. You can set risk as a fixed percentage of account equity (e.g. 0.5% or 1%), a fixed cash risk amount, or a fixed lot size. Banana EA dynamically calculates precise lot sizing based on your stop loss distance for every trade.

Are optimized preset files provided?

Yes. Pre-configured .set files are included for major Forex pairs and popular indices, allowing you to get up and running quickly while having full freedom to fine-tune any parameter.

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