Place multiple buy/sell limit and stop orders at strategic price levels to capture every market opportunity.
Automatically adjust lot sizes with customizable multipliers for optimal risk management.
Scale the lot size of the last orders (e.g., last 25%) by a multiplier (e.g., 4x) to increase exposure, maximizing profits in favorable conditions while managing risk on earlier orders.
Set and modify take profit and stop loss across all positions and orders with one click for streamlined control.
Instantly close all positions, specific longs/shorts, or cancel limit/stop orders for total trade mastery.
Amplify profits by adding orders to existing positions based on market trends.
Set profit or loss targets to automatically close positions, securing gains or capping losses.
Execute buy or sell orders at current market prices for immediate market entry.
Move stop loss to entry price to lock in risk-free trades as markets move in your favor.
Track live equity, balance, floating P/L, total TP, total SL, opened lots, and limit lots. Toggle pending orders on/off for precise control.
Set buy/sell limits with a single click, SL with a double-click, and TP with a triple-click directly on the chart.
The SherAlgo Layering Tool is designed around time-tested principles used by some of the greatest traders in history. It brings the power of layering (scaling) into positions—a method that allows traders to distribute risk intelligently and maximize returns by adding to winners.
Here’s how the world's best traders have inspired SherAlgo’s approach:
A comprehensive user manual and video tutorial are included with your purchase.
Select the perfect plan for SherAlgo Layering Tool on one MetaTrader 5 account.
The SherAlgo Layering Tool is a MetaTrader 5 Expert Advisor (EA) designed for professional traders. It automates complex trading strategies by enabling multi-order placement, dynamic lot scaling, last order scaling, take profit/stop loss management, position control, compounding, profit/loss locking, market order execution, breakeven functionality, real-time account monitoring, and price picking. Inspired by legendary traders, this tool helps traders by saving time, reducing manual errors, and optimizing trade execution for consistent success.
To purchase a plan, navigate to the "Pricing" section, select your desired plan (Monthly, 3 Months, 6 Months, 12 Months, or Lifetime), and click the appropriate payment button. You’ll be redirected to a secure payment page for your selected plan. We accept cryptocurrency via NowPayments, as well as PayPal and major debit or credit cards through the PayPal platform. Follow the instructions on the payment page to complete your transaction.
After completing your payment, you will receive a confirmation email from your payment processor (NowPayments or PayPal). For the Monthly plan, you’ll also see a confirmation popup with your subscription ID. For all plans, within 24 hours, our team will send you a separate email containing the EA file, your unique license key, and instructions for setup. Please check your inbox (and spam/junk folder) for these emails. If you don’t receive the email within 24 hours, contact support@sheralgo.com with your payment details for assistance.
After receiving the EA file via email, follow these steps:
1. Open MetaTrader 5 on your Windows device.
2. Go to File > Open Data Folder to access the MT5 data directory.
3. Navigate to the MQL5 > Experts folder and copy the EA file (.ex5) into this directory.
4. Restart MetaTrader 5 to load the EA.
5. In the MT5 Navigator panel, find the SherAlgo Layering Tool under "Expert Advisors," drag it onto a chart, and enable "Allow Algo Trading."
6. Configure the EA settings as needed. A user manual and video tutorial are included in the email for detailed guidance.
The SherAlgo Layering Tool requires:
- Platform: MetaTrader 5 (MT5).
- Operating System: Windows (Windows 7 or later recommended).
- Internet Connection: Stable internet for real-time monitoring.
- Hardware: Minimum 4GB RAM, 2GHz processor, and 100MB free disk space for MT5.
- Broker Compatibility: Compatible with any MT5 broker, but we recommend testing on a demo account first to ensure compatibility with your broker’s settings.
SherAlgo is designed to work with any MetaTrader 5 broker, but broker-specific settings (e.g., leverage, spreads, or execution rules) may affect performance. To test compatibility:
1. Open a demo account with your broker on MetaTrader 5.
2. Install the EA as described in the "How do I install the SherAlgo Layering Tool on MetaTrader 5?" section.
3. Run the EA on the demo account for at least one week to observe its performance with your broker’s conditions.
4. If you encounter issues, contact support@sheralgo.com for assistance.
Multiple Charts: Yes, you can use SherAlgo on multiple charts within the same MetaTrader 5 account without additional cost.
Multiple Accounts: No, each MT5 account requires a separate purchase. If you need to use SherAlgo on other accounts, contact sales@sheralgo.com to purchase additional access. Each additional purchase is priced based on the plan you choose.
We provide comprehensive support for installation, configuration, and usage. You can:
- Email support@sheralgo.com with your query, including a detailed description of the issue.
- Expect a response within 24-48 hours during business days (Monday to Friday, 9 AM to 5 PM GMT).
- Access the user manual and video tutorial included with your purchase for self-help guidance.
- If you encounter urgent issues, include "URGENT" in your email subject for prioritized support.
Yes, you can switch plans or upgrade to the Lifetime plan at any time. Here’s how:
1. Contact sales@sheralgo.com with your current plan details and the plan you wish to switch to.
2. If upgrading to the Lifetime plan, any payments made for your current plan may be credited toward the Lifetime plan cost (e.g., if you paid $45 for the 12-month plan, you may only need to pay the difference of $34 to upgrade to Lifetime).
3. We’ll process your request, typically within 24 hours.
If you don’t receive the EA file within 24 hours of payment:
1. Check your inbox and spam/junk folder for an email from support@sheralgo.com.
2. Verify your payment confirmation email from your payment processor (NowPayments or PayPal) to ensure the transaction was successful.
3. Email support@sheralgo.com with your payment details (e.g., transaction ID, date, and plan purchased) and the email address used for the purchase.
4. We’ll investigate and send the EA file within 24 hours of your email during business days.
If SherAlgo doesn’t work as expected:
1. Ensure you’ve followed the installation steps correctly (see "How do I install the SherAlgo Layering Tool on MetaTrader 5?").
2. Verify that your internet connection is active for real-time monitoring.
3. Check for any error messages in the MT5 "Journal" or "Experts" tab and note them down.
4. Test the EA on a demo account to rule out broker-specific issues.
5. Email support@sheralgo.com with a description of the issue, any error messages, and your MT5 account details (demo or live). We’ll provide troubleshooting assistance within 24-48 hours.
No, SherAlgo is specifically designed for MetaTrader 5 (MT5) and is not compatible with MetaTrader 4 (MT4) or other trading platforms. MT5 offers advanced features that SherAlgo leverages, such as enhanced order types and real-time monitoring. If you’re using MT4, you’ll need to switch to an MT5 account with your broker to use SherAlgo.
SherAlgo does not guarantee profits. It is a trading assistant tool designed to automate and optimize your trading strategies, but trading outcomes depend on market conditions, your strategy settings, and risk management practices. Forex trading carries a high level of risk, and you may lose some or all of your investment. Always use proper risk management, test the EA on a demo account first, and consult a financial advisor if you’re unsure about the risks involved.