What Relax EA Is
Relax EA by Fabio Cavalloni (MQL5 market, $499) is a swing EA that opens positions towards the weekend on up to 28 forex pairs. It works without grid and without martingale; the stop-loss is hidden, i.e. held in the EA rather than at the broker. The concept is the opposite of most bestsellers: few deliberately held positions instead of many small baskets. The vendor runs a public MQL5 signal on a real account.
Strategy & Risk
A system without a grid does not hide losses in an open basket, it realises them — and then they show in the balance. That is more honest, but it does not make the EA low-risk: several stop-loss hits in a short time can set the account back noticeably. When checking the signal, look above all at the maximum drawdown by balance and at the worst months.
Then there is the hidden stop: if the terminal freezes, there is no protection at the broker. A VPS with monitoring is mandatory here, not optional.
Who It Is (Not) For
The design suits a role as a diversifier in an EA portfolio for traders who want a swing EA without recovery logic and can sit through weak months.
It is not suitable for prop accounts, for small accounts with 28 pairs, or for anyone extrapolating a monthly return from a total return.
Conclusion
Relax EA is a swing EA on 28 forex pairs without grid or martingale, with a hidden stop-loss and a public real signal; the price recently rose to $499. Relax EA is not available at our partner AlgoTradingSpace. We still grade it with the same formula as every other EA, but we do not link to the vendor.