New MT5 arrival
The Yen Master EA MT5
Latest version
The Yen Master EA MT5 trades USDJPY breakouts with twelve built-in strategies and separate stops, targets and position management.
- Six, nine or twelve strategies selected by trade frequency.
- Fixed-lot, historical-drawdown and stop-based sizing modes.
- Account-loss limits, news filters and on-chart controls.
MT5Save 33%Regular priceRegular price was $299.00
$199.95 with card
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- Latest version
- Instant downloadYour file is provided immediately after payment. In very rare cases we manually review an order first, then send your download straight after. If you don’t receive your file, you can request a full refund.
- Free future updatesAll updates are free. They’re provided on a best-availability basis: we get new versions as fast as we can, led by customer demand, but we don’t guarantee them immediately. If you need every update the moment it’s released, our service may not be the best fit for you.
- 7-day money-backRefunds only cover an EA that fails to attach to your chart because of errors we can replicate. We don’t cover changing your mind or not liking the EA. All brokers are different, and results are never promised because markets are constantly changing.
- Unlimited activationsUse it on as many MT5 accounts and computers as you want, live or demo. There are no restrictions on how you use it.
Source code (.mq5) available at checkout.
28,000+ tradersServed since 2019
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Official versionsInstant downloadFuture updates includedExtra 20% off with cryptoReal people on support28,000+ tradersTrading since 2019Rated Excellent on Trustpilot
Product description
About The Yen Master EA MT5
TheYenMaster EA MT5, also called The Yen Master, trades USDJPY support and resistance breakouts through twelve built-in strategies. It suits traders who want several entry and exit designs on one currency pair, with individual stops and a shared account-protection panel. CheaperForex offers the standalone edition with email setup help and future file updates when we receive them.
Read our TheYenMaster EA MT5 review for a closer look at its sizing rules, original backtests and public signal.
Twelve breakout strategies on one USDJPY chart
The system identifies swing levels from H1 and H4 data, then places pending stop orders beyond levels that have not already broken. Each strategy has its own stop loss, take profit and trade-management rules. The developer describes the approach as no grid and no martingale; several strategies can nevertheless hold positions together.
- Choose activity: Low enables six strategies, Moderate nine and High all twelve.
- Choose sizing: fixed lots, risk per trade or an automatic allocation based on each strategy’s historical drawdown.
- Limit account exposure: daily-loss, total-loss, equity-stop and equity-target controls can close positions and halt the EA.
- Control entries: spread, direction, trading-hours and USD/JPY news filters restrict when new risk is opened.
- Manage from the panel: pause entries, close positions with confirmation and reset a persistent halt.

Setup without a separate preset library
Attach one instance to a USDJPY chart. The chart period is not the strategy-selection control: the EA uses its internal timeframes, with the developer advising that advanced signal and exit settings stay at their defaults. The twelve strategies are included in the EA, so a separate SET-file pack is not needed.
- Platform
- MetaTrader 5; this offer does not run in MT4.
- Market
- USDJPY, with the correct broker symbol or suffix.
- Account mode
- A hedging account is specified because several strategies may hold positions simultaneously.
- Execution
- Raw spreads are recommended; confirm minimum volume, contract size, stops and margin on your broker.
- Trading clock
- Check server time and summer/winter GMT offsets before using the Monday, Friday or NFP filters.
- Uptime
- A continuously running MT5 terminal or suitable VPS during the trading week.
Understand the risk modes before choosing one
Automatic mode allocates risk from historical strategy drawdowns. Risk-per-trade mode sizes each position from its stop distance. In both modes, the developer states that lots increase at new balance highs but do not decrease after losses. That makes the same cash exposure larger relative to a depleted account. Use conservative sizing and a maximum-lot cap, and assess the combined risk of simultaneous USDJPY positions.
The economic-calendar filter operates in live trading only, so its effect cannot simply be assumed from a tester curve. Daily-loss and equity stops are operational controls, not guaranteed loss ceilings: gaps and execution conditions can change the closing price.
Current evidence in context
The public MQL5 account was newly monitored in September 2026. At our 26 September check it showed 69 completed trades and 7.28% growth, a sample too short to establish durable performance. Developer backtests cover a much longer period but use different sizing assumptions; the review explains why their drawdown percentages should not be treated as interchangeable.
What your purchase includes
The latest-version standalone MT5 offer includes the EA’s built-in strategies. No separate preset pack is required, and no privately supplied developer manual or group membership is promised. 7-day money-back guarantee if it fails to install or run. Setup help by email whenever you need it. Trading results are not covered by that guarantee.
Verify it yourself
- Developer source link: TheYenMaster specifications, parameters and original gallery.
- Live signal link: YenMaster EA public MQL5 account — examine the current history and risk statistics.
- Developer: BKapital Holding B.V. / Bas Knappers.
Delivery: follow the product-specific instructions in your account after checkout to obtain your standalone file. The immediate DeliveryInformation.txt download is the instructions document, not the EA executable.
Every order
What’s included with The Yen Master
- Instant downloadReady after checkout and kept in your account
- Free future updatesIncluded when we receive them, every version kept in your account
- Unlimited activationsUnlimited live and demo accounts
- Setup helpReal people on Telegram or email
- 7-day money-back guaranteeIf the EA fails to attach to your chart because of errors we can replicate, you get a full refund.
Product FAQs
The Yen Master EA MT5 FAQs
Real people on support, by Telegram or our contact form.
Which market and platform does TheYenMaster trade?
It trades USDJPY on MetaTrader 5. It is not an MT4 file and does not automatically provide a multi-currency portfolio.
Does the chart timeframe matter?
The developer says to attach one instance to one USDJPY chart; the selected chart timeframe does not matter. Keep the advanced internal signal and exit timeframe settings at their defaults unless you understand the change.
What do Low, Moderate and High select?
Low activates six strategies, Moderate nine and High all twelve. More active strategies can mean greater simultaneous exposure to USDJPY.
Does it use grid or martingale?
The developer describes twelve breakout strategies with individual stops and targets, without grid or martingale. Multiple strategies may nevertheless hold positions at the same time.
Do automatic lots decrease after a loss?
No. The developer states that Automatic and Risk % modes increase lots at new balance highs but do not decrease after losses. Review combined exposure and the maximum-lot setting carefully.
Are preset files required?
No separate SET files are required; the twelve strategies are built in. The public listing supplies parameter explanations, but a separate private manual or developer-group membership is not promised.
What is supplied after purchase?
The latest-version standalone MT5 offer. The immediate account download is DeliveryInformation.txt with delivery instructions, not the EA executable. Future file updates are included when we receive them.
- Excellent on Trustpilot 4.6 out of 5 from 120 reviews (opens in a new tab)
- 28,000+ traders since 2019
- 1,180+ official EAs
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Regular price was $299.00 · $199.95 with card · instant download · future updates included

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