Boom & Crash Index EA (MT5)
An MT5 expert advisor for Deriv synthetic indices that uses a Smart Recovery re-entry routine and runs best on M1, M5. Test on demo and keep position sizing conservative.
Boom & Crash Index EA is an MT5 expert advisor from Godbless C Nygu, built for Deriv synthetic indices such as BOOM1000, CRASH1000, BOOM500 and CRASH500. It runs on M1 or M5, holds one position at a time, sets stop loss and take profit at entry, and re-enters after a loss through a built-in Smart Recovery routine.
AutoFXRebate offers the EA as a free download with a PDF install guide and Telegram support. Run it on a Deriv demo account first. Use small lot sizes while you learn how it opens and manages trades, and move to live only after a sustained demo period.
Demo first and keep lots small. Synthetic indices can produce large spikes. Confirm the EA opens and manages trades on your broker's demo account before risking real funds.
Specifications
- Tool type
- Fully automated Expert Advisor for short-term trading
- Original name
- Boom and Crash EA series by Godbless C Nygu (MQL5 author)
- Platform
- MetaTrader 5
- Markets
- Deriv synthetic indices (Boom and Crash)
- Recommended symbols
- BOOM1000, CRASH1000, BOOM500, CRASH500
- Timeframes
- M1 and M5 recommended
- Trade logic
- One position at a time; stop loss and take profit set at entry; Smart Recovery re-entry routine
- Minimum capital
- Author guidance: small starting balances; keep lot sizes conservative
- Original list price
- $40 on the MQL5 Market (author listing)
- At AutoFXRebate
- Free download, PDF install guide and Telegram support; open accounts via AutoFXRebate to receive backcom
How the EA approaches Boom and Crash
The EA targets Deriv's Boom and Crash indices, which drift in one direction but spike hard without warning. It holds one trade at a time, with stop loss and take profit set at entry, and relies on Smart Recovery to try again after a loss.
These indices don't behave like regular forex pairs, which is why the EA is built for fast charts like M1 or M5. The author recommends a VPS to keep it running continuously.
What to watch while it runs
Check that the EA opens trades, places SL and TP, and manages exits correctly on your broker's Deriv demo account. A spike can gap through a stop and turn into a large loss on a single trade.
Log how often it trades, the maximum drawdown, and how the Smart Recovery steps perform in demo. Those numbers are what should guide your position sizing.
Who this suits
This EA suits traders who want to test an automated approach on Deriv indices as a controlled experiment. Run it on demo, keep lots small, and log everything.
It won't suit traders looking for a plug-and-play, low-risk robot with no oversight. If you prefer manual, indicator-based trading or a documented money management method, look at other tools in the AutoFXRebate library.
Screenshots
Features
- Built for Deriv's Boom and Crash synthetic indices
- Single-position logic, with stop loss and take profit set at entry
- Smart Recovery routine that re-enters after a losing trade
- Built for M1 and M5 timeframes
- Meant to run around the clock; the author recommends a VPS
- Listed by the author on MQL5 at a low price for trial
Performance
The package doesn't include a live equity feed. Run the EA on a Deriv demo MT5 account for several weeks, log every trade, note how often large spikes occur, and record the deepest drawdown. Use those numbers to choose lot sizes and judge whether the recovery routine fits your risk tolerance.
Pros
- Built specifically for Boom and Crash, so the symbol and timeframe guidance is clear
- Single-position logic makes the EA's behavior easier to observe
- Low price on the author's MQL5 listing keeps demo trials cheap
- Free download at AutoFXRebate with PDF install instructions and Telegram support
Cons
- Targets synthetic indices with spike risk, which can mean a large loss on a single trade
- Smart Recovery is the author's name for the routine; the mechanics aren't publicly documented
- Needs supervision, and a VPS if you want it running continuously
- The author's MQL5 listing shows low ratings on the store page
Setup
- Download the Boom Crash Index EA package from AutoFXRebate and unzip the folder named 'Boom Crash Index EA'
- Copy the Expert file(s) into MQL5/Experts inside your MT5 data folder, and keep the PDFs somewhere handy for reference
- Restart MetaTrader 5 so the EA shows up in the Navigator, then enable AutoTrading
- Attach the EA to a Deriv demo chart such as BOOM1000 or CRASH1000 on M1 or M5, starting with small lot sizes and default inputs
- Run it on demo for several weeks, record trade frequency and maximum drawdown, and move to live only if the demo results fit your risk limits
- If you go live, use a reliable VPS, and consider opening the account through AutoFXRebate to get backcom on every lot
Verdict
This EA fits traders who want to experiment with an automated approach on Deriv Boom and Crash and who treat live use as something to earn through careful demo work. The single-position logic and the Smart Recovery label make the design easy to inspect, but they don't substitute for watching it trade.
Start on a Deriv demo account with small lots, follow the install PDF, and move to a funded account only once the demo drawdown and trade cadence match your risk profile. Download the free package from AutoFXRebate and reach out to Telegram support if you need help installing it.
Risk disclaimer
Forex and CFD trading involves significant risk and may not be suitable for all investors. Indicators, EAs and trading tools do not guarantee profits. Always apply proper risk management. AutoFXRebate did not build these tools and does not endorse any result they claim; test on demo before risking money.
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