What's included
- Installation guideStep-by-step PDF with screenshots
- Optimised presetsReady-to-use configuration files
- Future updatesIncluded free when we receive them
- Email supportHelp with setup and technical issues
What our customers say
Selected Trustpilot feedback about CheaperForex support, setup and service.
SomaOil EA MT5
SomaOil EA MT5 runs 20 WTI breakout strategies on one oil chart. Its preset risk allocations, spread controls and strategy-specific exits give oil traders a practical way to manage a portfolio across several internal timeframes.
- WTI portfolio: 20 pre-tuned strategies using D1, H12, H8, H4 and H1 data internally.
- Allocation choices: conservative, medium and high presets, plus individual strategy selection.
- Execution controls: pending-order spread filtering, news windows and margin-aware sizing.
Original price was: $500.00.$299.95Current price is: $299.95.
- Instant download from your account the moment checkout completes. The files stay in your customer portal.
- Official version, with future updates included free when we receive them. You never pay twice for the same product.
- 7-day money-back guarantee if it fails to install or run. Setup help by email whenever you need it.
What's included
- Installation guideStep-by-step PDF with screenshots
- Optimised presetsReady-to-use configuration files
- Future updatesIncluded free when we receive them
- Email supportHelp with setup and technical issues
- Developer source link: MQL5 product listing
- Live signal link — original allocation: View public MQL5 account
- Live signal link — conservative allocation: View public MQL5 account
SomaOil EA MT5 runs 20 WTI breakout strategies on one oil chart. Its preset risk allocations, spread controls and strategy-specific exits give oil traders a practical way to manage a portfolio across several internal timeframes.
What the portfolio does
Developed by Andrii Soma, each strategy has its own trading identity, swing detection and exits. Several strategies may participate in the same market move, so the total open exposure matters more than the number of strategies. The EA reads its working timeframes internally; you do not need a separate chart for each setup.
- WTI portfolio: 20 pre-tuned strategies using D1, H12, H8, H4 and H1 data internally.
- Allocation choices: conservative, medium and high presets, plus individual strategy selection.
- Execution controls: pending-order spread filtering, news windows and margin-aware sizing.
Oil-specific settings
The allocation presets use the same 20 strategies with different sizing. Conservative is the default; moving to a higher allocation changes exposure, not the market being traded. A strategy selector also lets you run a subset. Some strategies trail or move to breakeven, while others use fixed targets or weekly exits.
The spread filter can stop new pending orders and remove existing pending orders after a sustained spread spike. It does not close an already open position simply because the spread widens. NFP, CPI and rate-decision filters cover selected US events; they are not a complete oil-inventory or geopolitical-news filter.
Setup at a glance
| Platform | MetaTrader 5; one chart. |
|---|---|
| Market | WTI crude oil, including supported XTIUSD/USOIL broker aliases. |
| Chart timeframe | Any; the EA reads its own timeframes internally. |
| Account reference | Developer recommends an ECN/RAW account and $2,000 at default risk. |
| Hosting | A stable VPS is recommended for 24/5 execution. |
Monitor the whole account exposure
Fixed lots and capital-step sizing are available, with a risk multiplier, maximum-lot setting and balance/equity selection. OnlyUp sizing can retain the peak-capital baseline through a drawdown, so lot sizes need not fall as equity falls. Margin protection considers pending orders, but cannot guarantee that a gap or fast market will stay within the intended risk.
Evidence to review before increasing risk
The developer publishes two oil signals with different allocations and starting dates. They should be assessed separately rather than treating the higher cumulative return as a fair like-for-like comparison.
Our SomaOil review includes dated signal captures, original test reports and customer feedback.
Other EAs by Andrii Soma
- SomaGold MT5 product — XAUUSD gold; SomaGold review.
- SomaBTC MT5 product — BTCUSD Bitcoin; SomaBTC review.
These are separate products, not included extras. Combining markets can broaden exposure, but historical diversification does not guarantee that their losses will occur at different times.
Before running it
Test your broker’s contract size, minimum lot, margin requirements and execution costs on demo first. The developer’s recommended balance is not a loss limit. Oil contract specifications differ substantially between brokers. The listing requires the licensing-service address https://ea-license-server.somatrade.org and https://www.worldtimeserver.com/ in the permitted MT5 WebRequest URLs.
Developer listing and parameter guide · Release notes
Delivery: standalone file, latest version. Follow the delivery instructions supplied with your order.
FAQs
Which market does SomaOil trade?
WTI crude oil on MetaTrader 5, with supported broker oil-symbol aliases.
Do I need multiple charts?
No. The portfolio runs from one chart and reads its working timeframes internally.
What account size does the developer recommend?
The current setup guidance recommends $2,000 at default risk. Minimum lots and contract specifications vary, and this is not protection against losses.
Does it trade throughout the weekend?
The weekly trading window can close exposure before the weekend. Review the selected settings and broker sessions.
What do I receive?
The latest-version standalone file offer, with delivery instructions supplied after purchase.
Are the screenshots live results?
Only the explicitly dated public signal captures show the monitored accounts. The other research images are developer-supplied historical tests or interface examples.
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Pre-Purchase FAQs
Are updates always free?
Yes, all updates are completely free—you'll never pay twice.
We receive updates from developers and upload them to your account when they're available. Please be patient, as we're managing hundreds of products at discounted prices. More popular products are updated more frequently.
All versions are stored in your account for easy access.
What's your refund policy?
We offer a 7-day technical guarantee. If the EA fails to attach to your chart due to verified errors we can replicate, we'll issue a full refund.
However, we cannot refund based on trading performance or profit expectations—forex markets are unpredictable, and results vary by broker, spread, and market conditions. We provide tools, not guarantees.
I need assistance installing this?
Yes, we'd be happy to assist you!
We can advise you on the best settings for your account or create custom presets tailored to your needs. Additionally, we offer a one-time free installation service using AnyDesk for remote setup.
Please note, however, that we cannot provide advice on how to make money with any of our products.
Can I use this on multiple accounts?
Absolutely. Once you purchase, the EA is yours to use on unlimited live and demo accounts—no restrictions.
You can run it on multiple brokers, VPS servers, or trading accounts simultaneously.
There are no license limits or activation keys. Buy once, use everywhere.
How do I download after payment?
After successful payment, your product will be available for download instantly:
- Displayed on the screen immediately after checkout
- Emailed to the address you provided during purchase
- Stored in your account if you created one at checkout
In rare cases (about 1% of high-value premium products), orders may be held for manual review to prevent fraud. If you don't see a download link, contact us for assistance.
Is this an original product?
Yes, absolutely.
We do not sell fake products, and our customer reviews, along with our pricing, reflect the quality and authenticity of what we offer.
Why Traders Trust Us
Reviewed by Our Trader
Peter Jones
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