System Trading - DailyForexMap

Master the Simple Three Inside Pattern EA for MetaTrader 5

Welcome, fellow traders! Today, let's dive into a straightforward yet powerful Expert Advisor (EA) that focuses on trading the Three Inside pattern. This EA is designed to capitalize on price movements that form this specific pattern, making it a handy tool in your trading arsenal. Understanding the Three Inside Pattern There are two variations of the Three Inside pattern: Three Inside Up (See Figure 1):This pattern consists of three candles. The first one is a long bearish candle, followed by a small bullish candle that trades within the range of the first candle. Finally, we have a large bullish candle that closes above the high of the first candle, signaling a potential upward trend. Three Inside Down (See Figure 2):This pattern is the opposite. It starts with a long bullish candle, followed by a small bearish candle that trades within the range of the first bullish candle. The third candle is a long bearish candle that closes below the low of the first candle, indicating a possible downward trend. When using this EA, it's important to note that it will only open one long or one short position at a time. This helps to manage risk effectively while allowing you to take advantage of these price patterns. So, if you're looking to enhance your trading strategy with an automated approach, consider incorporating the Simple Three Inside Pattern EA into your MetaTrader 5 setup!

2025.11.09

MetaTrader5

Unlocking the Power of Probability: A Forex Expert Advisor for MetaTrader 5

Hey there, fellow traders! Today, I’m excited to share one of my all-time favorite projects—a Forex Expert Advisor (EA) designed for the MetaTrader 5 platform that harnesses the power of probability theory. This nifty tool helps you gauge the chances of price movements in your favorite financial instruments. This EA dives into the price history of a selected asset, analyzing a default of 10,000 bars. It tracks how often the price closes above or below the opening price by a set number of pips (400 pips by default) across a cluster of bars (50 bars by default). With this data, it calculates the probabilities of price increases or decreases and displays these insights right onto your chart! But that’s not all—this EA can actually execute trades based on its probability calculations. If it determines that the likelihood of a price rise is greater than 51%, it’ll open a buy position. Conversely, if it sees a fall probability exceeding 51%, it’ll go ahead and sell. When it comes to trading positions, you have some flexibility. You can either set a fixed lot size or let the EA calculate it based on your specified risk and your current account balance. Plus, if you’ve set Stop Loss and Take Profit values, the EA will automatically adjust these levels when it opens a position. To get started, make sure to set the following flag to True: input bool EnableCheckBars = true; Just a heads-up, though—this EA isn't designed to generate profits on its own. The idea of counting movements, waves, and predicting Stop Loss or Take Profit levels with simple algorithms is a bit of a long shot. The market is a complex beast, and relying solely on this kind of analysis can be a gamble. So, there you have it! If you're looking to leverage probability theory in your trading strategy, this EA could be a valuable addition to your toolkit. Happy trading!

2025.11.04

MetaTrader5

KopierMaschineMT5: The Ultimate Trade Copier for MetaTrader 5

If you're looking to streamline your trading experience on MetaTrader 5, then you need to check out KopierMaschineMT5. This powerful tool is designed to make trading easier and more efficient by allowing you to copy trades from multiple vendors directly to a single account. Let's dive into its features and how it works! Features The software operates in two modes: Master and Slave. Copy trades from different vendors into one slave account. Toggle Stop Loss and Take Profit copying on or off. Enable or disable the copying of pending orders. Conflict-free operation alongside other Expert Advisors. Compatible with accounts that have suffixes and prefixes. Change the trading direction as needed. Copy trades based on proportional volume relative to the balance, fixed volume, or the supplier's volume. Set conditions to open trades when the price on the slave account deviates from the provider's price by a specified amount. How It Works Ensure both the supplier's account terminal and the slave account terminal are open at the same time. On the terminal with the supplier account, set the Expert Advisor to WorkMode=Master and click the ON button on the panel. On the terminal with the subordinate account, set the Expert Advisor to WorkMode=Slave, select the provider's account on the panel, choose the desired trade copying options, and then click the ON button. Once these steps are completed, trades from the provider account will seamlessly copy over to the subordinate account. With KopierMaschineMT5, you can take your trading game to the next level. Whether you're a seasoned pro or just starting, this tool can help you make more informed trading decisions with ease!

2025.11.03

MetaTrader5

Mastering Pin Bar Trading with ExpPinBar: Your Go-To Expert Advisor for MetaTrader 5

Welcome to the world of pin bar trading! If you’re looking to refine your strategy, the ExpPinBar Expert Advisor is a fantastic tool designed specifically for trading based on the Price Action PinBar indicator. This EA opens positions based on signals generated by the indicator, and to help you manage those trades, it comes packed with a robust trailing functionality from the trailing library. You can choose from various methods like classic trailing, Parabolic SAR, moving averages, and more. Configuring Your Pin Bar Indicator Minimum Size of a Candle - This parameter sets the minimum height of a candle (in pips) that the EA will consider. Candles smaller than this are ignored, helping you filter out the noise in low-volatility markets. If you want to sift through weak signals, consider increasing this value. Maximum Candle Body Size - This defines the maximum size of the candle body relative to the full height of the candle (ranging from 0 to 1). A smaller value emphasizes classic Pin Bars, which have long shadows and small bodies. For clearer signals, values between 0.2 and 0.4 are ideal. Body Position Relative to Previous Candle - This parameter dictates how deep the body of the Pin Bar can extend into the previous candle's range. Keep values between 0.2 and 0.4 to find those classic reversal patterns where the body is near the edge. Aspect Ratio of Shadows - This sets the minimum ratio between the main shadow and the opposite shadow. Higher values (1.5 - 2.5) will filter for candles with pronounced long shadows, helping you focus on the best signals. Advisor Settings Position Volume - The size of your trade position. Slippage (in points) - The maximum price deviation you’re willing to accept during execution. Magic Number - A unique identifier for your trades. Stop Loss (in points) - Set your stop loss in points; use 0 for none or -1 to place it based on the Pin Bar shadow. Take Profit (in points) - Define your take profit level; again, use 0 for none. Stop Loss Deviation (in points) - This controls the deviation of the stop loss from the Pin Bar shadow. Trailing Settings Trailing Type - Choose your preferred trailing method. Trailing Start - Set the profit level at which trailing will start. Trailing Step (in points) - Define the step size for the trailing mechanism. Trailing Offset (in points) - Set how far from the current price your trailing stop should be. Indicator Settings Used in Trailing Indicator's Timeframe - The timeframe for the indicator used in trailing calculations. MA Period - The calculation period for the moving average. MA Shift - The horizontal shift applied to the moving average. AMA Fast EMA Period - The fast EMA period for the adaptive moving average. AMA Slow EMA Period - The slow EMA period for the adaptive moving average. VIDYA CMO Period - The CMO period for dynamic averaging. Parabolic SAR Step - The step for the Parabolic SAR indicator. Parabolic SAR Max - The maximum value for the Parabolic SAR. MA Applied Price - Determines the price used for moving average calculations. MA Smoothing Method - The type of smoothing applied to the moving average. Indicator Data Index - The specific bar of data from the indicator. To get started with the iPinBars indicator and the trailing classes library is essential for the Expert Advisor to function smoothly. Here’s a glimpse of how the Expert Advisor performed over the past year on the EURUSD H4 chart, utilizing fixed stop levels and a straightforward trailing approach:

2025.10.22

MetaTrader5

Unlock Your Trading Potential: The ExpWPRBB Expert Advisor for MetaTrader 5

Hey fellow traders! Today, I want to introduce you to the ExpWPRBB Expert Advisor, a nifty tool designed for MetaTrader 5 that employs a straightforward trading strategy using two powerful indicators: the Williams' Percent Range (WPR) and Bollinger Bands (BB). This EA only opens positions when both indicators align, making it a reliable choice for those looking to streamline their trading. How It Works Here’s the lowdown on how the ExpWPRBB operates: Buy Signal: The WPR exits the oversold zone, and the opening price of the bar is below the average BB line. Sell Signal: The WPR comes out of the overbought zone, and the opening price of the bar is above the average BB line. The width of the Bollinger Bands, combined with the ATR (Average True Range), is used to set your Stop Loss and Take Profit levels. A key point to remember is that this EA works exclusively on hedging accounts. Plus, it features a non-trading mode where you can display signal labels, allowing you to monitor signals visually in the strategy tester. Input Parameters Let’s dive into the specifics: WPR (Williams' Percent Range) InpPeriodWPR: This is the period for WPR calculation, representing the number of bars for the indicator's value. InpOverboughtWPR: The overbought level for WPR, usually set between -20 to 0. InpOversoldWPR: The oversold level for WPR, typically ranging from -80 to -100. BB (Bollinger Bands) InpPeriodBB: The period for calculating the Bollinger Bands. InpDeviationBB: This is the standard deviation multiplier for determining the bands' width. InpShiftBB: The shift of the Bollinger Bands relative to the current bar. InpPriceBB: The price type used for calculating the Bollinger Bands. ATR (Average True Range) InpPeriodATR: The period for calculating the ATR, based on the number of bars. Trading Settings InpSignalsOnly: If true, the EA will only place signal labels without executing trades. InpVolume: This refers to the position volume, or lot size, for opening trades. InpDeviation: Slippage in points, indicating the maximum allowable price deviation when executing an order. InpMagic: A unique identifier for the EA's positions, useful for tracking. InpStopLoss: The Stop Loss level in points; set to 0 if not used, or -1 for automatic calculation based on Bollinger Bands width. InpTakeProfit: The Take Profit level in pips; set to 0 if not used, or -1 for automatic calculation based on ATR value. InpSLMltp: A multiplier for adjusting the Stop Loss size if it's set to -1. InpTPMltp: A multiplier for adjusting the Take Profit size if it's set to -1. The default values for these parameters are optimized for testing on the H4 chart period, making it a great starting point. Test Results Check out these test results using the default parameters on the H4 chart: Happy trading, and may your charts be ever in your favor!

2025.10.21

MetaTrader5

Maximize Your Strategy Testing: Load Multiple Indicators in MetaTrader 5

As traders, we all know the frustration of the Indicator strategy tester in MetaTrader 5. It only lets you visually backtest one indicator at a time, which can really limit our analysis. But fear not! There’s a way around this limitation. Introducing a system that allows you to load multiple indicators and utilize the expert advisor strategy tester in visual mode. With this setup, you can test up to four indicators simultaneously. This is a game changer, as it enables you to compare how different indicators perform against each other and visually monitor the strategy’s effectiveness. By default, the system comes with four native indicators already set up, making it easy to get started. Plus, if you’ve got custom indicators you want to test, you can easily add them in along with your own custom paths. This enhancement not only saves time but also gives you a clearer picture of how your strategies can perform in different market conditions. So why limit yourself? Dive into this multi-indicator testing and take your trading game to the next level!

2025.10.18

MetaTrader5

Master Your Trades with the Assisted Position Closing Tool for MetaTrader 5

Hey fellow traders! Today, I want to share some insights about a handy tool that can really streamline your trading experience on MetaTrader 5. Let’s dive right in! Understanding the Parameters This tool has two key parameters that you need to set: Stop Loss Amount: This is your first parameter. Remember, it needs to be a negative value. If you don’t input this, the tool won’t function, so it’s crucial! Take Profit Multiplier: The second parameter is based on the stop loss you just set. This multiplier will help you optimize your take profit strategy. Pros and Cons Now, let’s talk about the upsides and downsides of this tool: Disadvantage: One downside is that it doesn’t recognize pending orders. Keep this in mind if you often rely on those. Advantage: On the flip side, if you set a stop loss, it automatically defaults to orders that don’t require the tool to operate. This is fantastic for those of us juggling both long-term and short-term trades! Stop Loss Strategies So, how does this tool handle stop losses? Well, it offers two approaches: Guided Closing: You can set a stop loss for one of your orders, which guides the closing of your position. Multiple Closing: Alternatively, it allows you to close a position using a multiple of the input value. Perfect for Discipline This tool is a game changer, especially for those of us who often trade with stop losses. If you find yourself frequently adjusting your stop losses on a whim, this can help instill some discipline in your trading strategy. In conclusion, the Assisted Position Closing Tool for MetaTrader 5 is definitely worth considering if you’re looking to manage your trades more effectively. Happy trading!

2025.10.08

MetaTrader5

Maximize Your Trading with the Babi Ngepet EA for MetaTrader 5

Understanding Babi Ngepet EA Parameters Welcome to the world of automated trading! Today, we're diving into the Babi Ngepet Expert Advisor (EA) for MetaTrader 5. This nifty tool is designed to help you navigate the complex waters of trading with ease. General Parameters First up, let’s talk about the general parameters that allow you to customize the EA to your trading style: Parameter Type Description MagicNumber int This is your EA's unique identifier for keeping track of trades. InitialLot double Start with this lot size for your very first trade. AllowBuy bool Toggle to permit the EA to execute Buy trades. AllowSell bool Toggle to permit the EA to execute Sell trades. TakeProfit int Set a fixed Take Profit (in pips) for pending orders. FindHighLowBackBars int Look back this many bars to find the highest high and lowest low. ResetAfterBars int Delete and reevaluate initial pending orders after this many bars if no position is open. Martingale Strategy Parameters Next, let’s explore the Martingale strategy, which can be a bit of a double-edged sword: Parameter Type Description ReverseMartingale bool Choose whether to open subsequent trades in the opposite direction of the last one. LotMultiplier double This multiplies the lot size for the next trade in a losing series. SecureProfitMartingaleTarget double The total floating profit at which all trades in the series will close. DistanceMartingalePips int The minimum price movement against the last trade before opening a new Martingale trade. MaxTradesInSeries int Set the cap on how many trades can be in a single Martingale series. Time Strategy Parameters Time management is crucial in trading, and here’s how you can control it: Parameter Type Description AllowMonday to AllowFriday bool Enable or disable trading on specific days of the week. ForbiddenDates string List of dates (YYYY.MM.DD) when trading is off-limits. Core Functions Overview Let’s break down some of the key functions that drive Babi Ngepet: Initialization and Deinitialization OnInit(): This function sets your EA’s MagicNumber, margin mode, and resets the Martingale status for a fresh start. OnDeinit(): A simple cleanup function that notifies you when the EA is stopped or removed. Trading Filters IsTradingDateAllowed() and IsTradingDayAllowed(): These functions ensure you're trading on the right days. Opening Trades OpenTradeLogic(ENUM_ORDER_TYPE type, string tradeComment): This function manages your market orders, validating lot sizes and checking for margin. Closing Trades CloseAllPositions(): This iterates through your open positions and closes those initiated by this EA. Pending Orders PendingOrders(ENUM_ORDER_TYPE type, double price, double lotSize, string comment): This function handles placing Buy Limit and Sell Limit orders. Initial Entry Logic UpdateHighLowAndOrders(): This function sets up your initial entry when no positions are open, looking for the highest high and lowest low. Main Execution Logic OnTick(): This is where the magic happens! This function checks time, filters, and executes trades based on your strategy. Strategy Summary To wrap things up, the Babi Ngepet EA employs a high-risk, high-reward Martingale strategy alongside breakout and range-reversal tactics: Initial Entry: The EA places a Buy Limit just below recent lows and a Sell Limit just above recent highs, anticipating range-bound behavior. Trade Management: If a position is at a loss and the price moves against it, the EA opens a new trade in the same direction with a larger lot size. Exit Strategy: The EA closes all trades when the secure profit target is reached and resets for a new series. Warning: Be cautious! The Martingale strategy can lead to significant drawdowns and increased risk of capital loss as lot sizes grow with each losing trade.

2025.10.05

MetaTrader5

Mastering the Simple_Grid: A Beginner's Guide to Grid Trading with MetaTrader 5

Understanding Simple_Grid The Simple_Grid is your go-to Expert Advisor (EA) that simplifies the grid trading strategy. It sets up a series of pending orders—either stop or limit orders—on both sides of the current market price, spaced out according to your preferences. One thing to note is that this EA does not employ a Stop Loss, so it’s best used for education rather than real trading. How It Works From 23:30, any pending orders that haven’t been triggered will be wiped out, and a fresh grid of pending orders will be established after 4:00. This means you can set it and forget it during those late-night hours! Customizing Your EA The Simple_Grid allows you to tailor your grid strategy with several input parameters: Grid step for pending orders Distance from the current price to the first grid order Number of orders you want in one direction Type of pending orders (either stop or limit) Target profit (Take Profit) Fixed lot size Magic number for the EA Important Note CAUTION: This Expert Advisor is not designed for live trading or making real profits! It was created during my journey to learn the MQL5 programming language and has been slightly polished (unnecessary comments have been removed). It’s primarily intended for sharing on CodeBase as a learning tool.

2025.10.01

MetaTrader5

Discover the Quantum Gold Silver Trader: Your Ultimate MetaTrader 5 Companion

Key Features of the Quantum Gold Silver Trader Quantum System - This innovative feature harnesses the power of quantum states and probabilities to make informed trading decisions. AI Modules - Equipped with a suite of indicators like RSI, ADX, MA, and ATR, this system intelligently adjusts weights to enhance performance. Robust Risk Management System: Protects your deposit with daily and overall drawdown limits to keep your capital secure. Imposes position size limits to prevent overexposure in the market. Sets daily loss limits to safeguard your account from significant downturns. Quantum Trailing Stop - This dynamic stop-loss feature adjusts in real-time to changing market conditions, optimizing your exit strategy. Auto-Optimization - Automatically fine-tunes parameters in the strategy tester for peak performance. Specialized for Precious Metals Custom settings specifically for gold and silver, allowing you to tweak risk, stop-loss, and take-profit parameters. Takes into account the unique volatility characteristics of precious metals to maximize your trading potential. Protective Mechanisms in Place Minimum deposit requirement of $300 ensures you're well-capitalized before diving in. Trades will be automatically blocked if loss limits are exceeded, protecting your account. Automatic risk reduction kicks in after a series of losses to minimize further damage. Lot adjustments are made for micro-accounts, ensuring everyone can participate. Technical Features for Enhanced Performance Indicator data caching boosts performance, making your trading experience smoother. Order validation prior to sending ensures that your trades are executed correctly. Effortlessly save and load optimized parameters for future use. Comprehensive logging of all operations allows for easy monitoring and analysis. The Quantum Gold Silver Trader combines cutting-edge quantum computing, artificial intelligence, and advanced risk management to help you navigate the precious metals market effectively.

2025.09.30

MetaTrader5

Unlock Trading Success with the RSI Engine for MetaTrader 5

Key Features Multiple Entry Strategies: Choose between classic overbought/oversold reversals or advanced RSI divergence signals to find the best entry point. Confirmation Filters: Use an RSI centerline cross to boost signal accuracy and minimize false entries. Dynamic Exit Logic: Beyond Stop Loss and Take Profit, the EA can close trades based on RSI levels for greater flexibility. Full Customization: Tailor all RSI parameters, trade management settings, and strategy rules to fit your trading style. Independent Trade Management: A unique Magic Number allows the EA to manage its own trades without interfering with other bots or manual trading. Trading Strategies & Signals Entry Signal Logic You can choose one of the following methods to generate your entry signals. 1. RSI Divergence (Default Strategy) This is the go-to strategy, activated by default. The EA detects divergences between price action and the RSI oscillator over a customizable lookback period (default: 60 bars) to identify potential market reversals. Bullish Divergence (Buy Signal): This occurs when the price makes a new low, but the RSI prints a higher low, suggesting downward momentum is weakening. Bearish Divergence (Sell Signal): This happens when the price reaches a new high, but the RSI shows a lower high, indicating that upward momentum is faltering. 2. Overbought/Oversold Reversal If you prefer, you can disable divergence to use the classic RSI reversal strategy. Buy Signal: Triggered when the RSI crosses up from the oversold zone (default: below 30). Sell Signal: Triggered when the RSI crosses down from the overbought zone (default: above 70). 3. Centerline Confirmation (Optional Filter) For extra confirmation, you can enable this filter. After an initial signal is generated (from either divergence or an OB/OS condition), the EA waits for the RSI to cross the centerline (50) before executing the trade, confirming a real shift in market momentum. Exit Strategy Logic The EA employs both fixed and dynamic exit conditions to protect your trades. Stop Loss & Take Profit: Each trade is safeguarded by a fixed Stop Loss and Take Profit level. RSI Level Exit (Enabled by Default): This dynamic exit closes positions based on the RSI's value. For instance, a long position may close automatically when the RSI enters the overbought level (e.g., 70), locking in profits as momentum fades. Conversely, a short position can close when the RSI reaches the oversold level (e.g., 30). Trade and Risk Management The EA comes equipped with essential parameters to manage risk effectively. Lot Size: Fixed lot size for all trades. (Default: 0.1) Stop Loss: Protective stop-loss in points. (Default: 500) Take Profit: Profit target in points. (Default: 300) Magic Number: A unique identifier for the EA's trades. (Default: 160941) RSI Indicator Configuration You have complete control over the RSI indicator settings to suit your trading style. RSI Period: The lookback period for the RSI calculation. (Default: 14) Overbought Level: The threshold for the overbought zone. (Default: 70) Oversold Level: The threshold for the oversold zone. (Default: 30) Centerline: The midpoint of the RSI oscillator. (Default: 50)

2025.09.13

MetaTrader5

Unlock Your Trading Potential with Martingale Pulse EA for MetaTrader 5

Key Features of Martingale Pulse EA Four Unique Price Action Strategies: Tailor your trading approach with options like HFT Tick Momentum, Candlestick Engulfing patterns, RSI Reversals, or a classic EMA Crossover. Flexible Entry Methods: Jump into trades with Market Orders or set precise entries using Stop and Limit Orders. Advanced Martingale System: Elevate your strategy with three distinct Martingale types: Classic Multiplier, Multiplier with Sum, and Sum with Initial. Dynamic Lot Sizing: Choose a fixed lot size or let the EA calculate position sizes based on a percentage of your account balance and stop-loss settings. Comprehensive Trade Management: Set Stop Loss in points. Define your target with a Risk:Reward Ratio. New in v1.10: A robust dual-mode Trailing Stop that functions in Points or Money. Institutional-Grade Risk Management: Establish a Daily Profit Target to secure your gains automatically. Shield your capital with a Daily Drawdown Limit (either a fixed amount or percentage). Customize risk calculation periods based on Server Time or a specific UTC window. Full Time & Session Control: Set precise trading hours for each day of the week and automatically close trades at session end if needed. Built-in Trade Cooldown: Avoid over-trading by specifying a minimum time between closing a trade and entering a new one. Smart Margin Checks: The EA ensures there's enough margin before placing trades, safeguarding your account from potential errors. Detailed Feature Explanations Trading Strategies Customize the EA's logic to align with your market perspective. HFT Tick Momentum: Ideal for high-frequency scalpers, this strategy examines tick-by-tick data to catch fleeting momentum shifts. Candlestick Engulfing: A potent price action pattern that pinpoints potential trend reversals right at the close of a new bar. RSI Reversal: Capitalize on classic RSI signals, entering trades when the indicator moves back from overbought or oversold zones. EMA Crossover: A solid trend-following strategy that triggers trades when the price crosses above or below a set Exponential Moving Average. Dual-Mode Trailing Stop Safeguard your profits as the market shifts in your favor. Trailing in Points: Protect your profits by trailing the stop-loss at a fixed distance from the current price. This is perfect for volatile markets. Trailing in Money: Lock in a specific cash amount. The stop-loss will follow to secure a defined monetary profit, irrespective of the distance in points. Daily Risk Protection Trade with confidence. The EA monitors your account's performance at the start of each trading day. If the daily profit target is achieved or the maximum drawdown limit is hit, it will close all open positions and cease trading until the next day, safeguarding your capital and profits. Who Is This EA For? Traders looking to automate diverse price action strategies. Users who need extensive customization options for risk management. Traders who implement or want to explore Martingale strategies safely. Systematic traders operating within specific market sessions. Fully Customizable Inputs All settings are organized and labeled for straightforward configuration: Core Trading Strategy Indicator Settings Lot Sizing & Martingale Trade Management Time & Session Management Daily Risk Management EA Identification (Magic Number) Recommendations For optimal performance and seamless trading, run this EA on a Virtual Private Server (VPS). Always conduct thorough backtesting on your selected symbol and timeframe before going live. Start with risk-based lot sizing (PERCENT_OF_BALANCE) on a demo account to see how the EA behaves with your settings.

2025.09.09

MetaTrader5

Maximize Your Trading Edge with the Risk Calculator for MetaTrader 5

Overview If you're serious about trading, then you know that quick and accurate risk assessment is crucial. Enter the Risk Calculator, your new best friend on MetaTrader 5. No more tedious manual calculations for your Stop Loss and Take Profit! This handy tool integrates directly into your chart, letting you visualize your trade's risk and reward in just seconds—before you even hit that 'buy' or 'sell' button. Designed with a clean, high-performance interface, the Risk Calculator fits seamlessly into your trading setup. It delivers essential insights without cluttering your chart or bogging down your system. Key Features ✅ Instant Calculation: Simply input your lot size and the distance in points for your Take Profit and Stop Loss, and voilà! You’ll instantly see the corresponding values in your account's currency. 📈 User-Friendly Interface: The modern panel is designed to sit unobtrusively on your chart, ensuring it won't interfere with your technical analysis. 💲 Real-Time Point Value: Get live updates on the monetary value of each point (tick value) for the current symbol, giving you a clearer picture of market volatility. 🌐 Universal Compatibility: Works flawlessly with any symbol on your MetaTrader 5 platform—be it Forex, indices, or commodities. ⚡ Lightweight and Efficient: Built to use minimal resources, so your platform remains responsive and quick. How to Use Attach the Risk Calculator to any chart you’re working on. Watch the calculator panel pop up in the upper-right corner. Fill in your desired values for Lot Size, Take (pts), and Stop (pts). Hit the "Calculate" button. Instantly see your financial results for both profit (Take) and loss (Stop). Take charge of your risk management and elevate your trading game! Grab the Risk Calculator and enhance your pre-trade analysis today!

2025.09.03

MetaTrader5

Protect Your Trades with HedgeCover EA for MetaTrader 5

HedgeCover EA - Your Smart Solution for Position Protection Overview:HedgeCover is a top-notch hedging Expert Advisor crafted to offer secure and controlled protection for your losing trades. Unlike risky martingale strategies, this EA employs smart risk management with multiple safety nets to keep you from over-trading and blowing your account. Key Features: One-Hedge-Per-Position - Each trade is only hedged once, preventing endless loops. Magic Number Separation - Utilizes unique magic numbers for main trades and hedge trades, avoiding the issue of hedging hedges. Configurable Loss Threshold - Define your loss level in pips (recommended 30-100) before a hedge kicks in. Cooldown Protection - Establishes a minimum time between hedge trades (5-15 minutes is advisable). Max Hedges Limit - Sets an absolute cap on the total number of hedge trades. Margin Safety Checks - Requires 80% free margin to prevent over-leveraging. Symbol Filtering - Only hedges positions on the currently active chart symbol. Risk Management: Prevents the dreaded "avalanche effect" that can wipe out your account. Implements professional risk controls instead of reckless doubling down. Offers lot size validation and normalization. Includes comprehensive logging and monitoring features. Recommended Settings: Main Magic: Set this to your strategy's magic number. Hedge Magic: Use a different value (e.g., 99999). Loss Threshold: 50 pips is a good starting point. Lot Coefficient: 1.5x. Max Hedges: Limit this to 3. Cooldown: 5 minutes is ideal. License: MIT License - Free for everyone to use, modify, and share. Warning: This EA is designed for demo testing and educational purposes only. Use it at your own risk, and always conduct thorough testing before taking it live. Ideal For: Traders seeking professional hedging capabilities without the inherent risks of traditional martingale systems.

2025.09.03

MetaTrader5

Master Manual Scalping in MT5 with Keyboard Shortcuts

If you’re looking to level up your trading game, let me introduce you to an incredible tool for manual scalping in MetaTrader 5 that leverages keyboard shortcuts. It’s lightweight, efficient, and designed for traders who want to make quick decisions without fumbling around. Quick Key Functions 1 → Buy 2 → Close Position 3 → Sell 5 → Set Break Even This tool comes packed with features like setting a daily maximum loss, automatic stop loss and take profit, and a handy break-even function. Everything you need is neatly displayed on a compact on-chart dashboard, allowing you to keep your focus where it matters most—on the trade. Every parameter is adjustable in the settings, so you can fine-tune it to match your trading style. It’s especially beneficial for fast-paced trading environments like indices or futures, where every second counts.

2025.08.22

MetaTrader5

Maximize Your Trading with TardioBot: The Ultimate MetaTrader 5 EA

Discover TardioBot Hey there, fellow traders! Today, I want to introduce you to TardioBot V1.05, a powerful Expert Advisor (EA) designed specifically for MetaTrader 5. Named after the bold historical figure Giuseppe Tardio, this EA uses a triangular arbitrage strategy that can really help you take advantage of price differences across three currency pairs. How TardioBot Works TardioBot is all about spotting opportunities. It keeps a constant eye on bid and ask prices, calculates arbitrage ratios, and jumps into action by executing trades when it finds profitable setups that meet your predefined criteria. It also takes spreads and commissions into account, ensuring that you’re making informed trading decisions. Features of TardioBot Supports six predefined arbitrage trios including: EUR/USD GBP/USD EUR/GBP GBP/USD USD/JPY GBP/JPY Dynamic price updates tailored to each currency pair. Validates lot sizes across all pairs in the trio. Accounts for individual commissions and spread costs. Automatically closes stale trades after a user-defined period. Logs arbitrage opportunities and trade details for your review. Includes safety checks for equity, margin, and extreme ratios. Important Note Just a heads-up: TardioBot is not intended for live trading. If you increase lot sizes too much, you could end up wiping out your account balance. This EA is designed for demo and strategy testing only, and it’s a work in progress. Think of it as a tool to refine your trading skills rather than a ready-to-go solution for live markets. Feel free to tweak and improve the code as you see fit! Happy trading!

2025.08.21

MetaTrader5

Mastering the EMA_RSI_RISK-EA for MetaTrader 5: A Trader's Guide

If you're looking to up your trading game, the EMA_RSI_RISK-EA is a solid choice for MetaTrader 5. This Expert Advisor (commonly referred to as an EA) employs a trend-following strategy combined with momentum confirmation, leveraging two Exponential Moving Averages (the Fast EMA and Slow EMA) alongside the Relative Strength Index (RSI). Buy Signal: The EA triggers a buy when the Fast EMA crosses above the Slow EMA, provided the RSI is above a specified threshold. Sell Signal: Conversely, a sell signal occurs when the Fast EMA crosses below the Slow EMA and the RSI falls below a defined threshold. Risk Management: This EA is designed with smart risk management in mind. It dynamically calculates the lot size based on your account balance and the percentage of risk you’re willing to take. Plus, it sets your Stop Loss and Take Profit levels automatically. Trading Window: You can customize your trading hours with an optional time filter, allowing trades only during specific times of the day. The entire code is crafted in MQL5, making it easy to attach to any chart you choose. You can tweak settings for EMAs, RSI, risk levels, lot sizes, and your Stop Loss/Take Profit strategies to align with your own trading style. Recommended Symbol and Timeframe: For best results, we recommend trading on EURUSD using the H1 timeframe. However, with the right parameter adjustments, it's also compatible with other pairs and timeframes. Key Parameters: FastEMA / SlowEMA: These define the moving averages you're working with. RSIPeriod / RSI_Buy / RSI_Sell: These settings control your RSI parameters. RiskPercent: This indicates the percentage of your account balance that you're willing to risk on each trade. StopLoss / TakeProfit: Set these in points for effective risk management. StartHour / EndHour: Use these to apply a trading time filter.

2025.08.20

MetaTrader5

Unlocking the Cincin EA: Your Guide to Automated Trading on MetaTrader 5

The Cincin EA (v2.24) is an innovative automated trading tool designed for MetaTrader 5. It operates by executing conservative, random trades on specific currency pairs, such as EUR/USD. This EA is packed with features that enhance your trading strategy, including basket management, hedging, and robust position control. How does it work? The Cincin EA takes buy and sell positions based on random decision-making, all while adhering to your defined risk parameters. You can set stop-loss and take-profit levels, utilizing either Average True Range (ATR) or fixed pip distances, along with a cap on daily trades to keep your strategy in check. One of the standout features is its ability to monitor your overall profit and loss. It can automatically close all open positions when your profit/loss targets or position thresholds are hit. Plus, the EA can implement breakeven adjustments and hedging strategies to help limit potential losses. To ensure disciplined trading, the Cincin EA comes equipped with essential safeguards such as margin checks, market status verification, and minimum time or pip gaps between trades. Important Note: Please keep in mind that this EA is not intended for live trading. Utilizing martingale strategies or ramping up lot sizes can lead to significant losses and a complete balance wipeout. It's best suited for demo accounts and strategy testing for now. Think of it as a work in progress—feel free to tweak and enhance the code as needed.

2025.08.19

MetaTrader5

Master Your Trading: The Ultimate 'Close All Orders' Tool for MetaTrader 5

Key Features: Visual Button Interface: User-friendly buttons right on your chart for easy access. Close Market Orders: Instantly shut down all open positions with just a click. Delete Pending Orders: Get rid of all pending orders (Buy/Sell Limit/Stop) in one go. Flexible Options: Decide whether to close market orders, pending orders, or both at your convenience. Real-Time Display: A live counter that shows you the number of active market and pending orders. Confirmation Dialog: Optional prompt to confirm your action before closing orders, keeping accidental clicks at bay. Customizable UI: Tailor the button's position, size, and color to fit your style. Detailed Reports: Instant feedback on successfully closed orders and any that didn’t go through. Error Handling: Robust error management with thorough logging for peace of mind. Input Parameters: Button Settings: Button position (X, Y coordinates) Button dimensions (Width, Height) Custom colors for button and text Close Settings: Enable/disable market order closing Enable/disable pending order deletion Slippage tolerance Confirmation dialog toggle How to Use: Attach the EA to any chart. Enable AutoTrading (Ctrl+E). Hit the red "CLOSE ALL ORDERS" button to close all your orders in a flash. Click the blue "INFO" button to check current settings and order counts. Perfect For: Emergency exit situations when the market turns. Wrapping up your trading session efficiently. Quickly managing your portfolio. Effective risk management during volatile market conditions. Traders juggling multiple positions at once. Note: This EA requires AutoTrading to be enabled. The button interface offers a safe and efficient way to manage your orders without the hassle of navigating through several menus.

2025.08.19

MetaTrader5

Master Your Trading with the Spread Lister for MetaTrader 5

Master Your Trading with the Spread Lister Why You Need This EA: Every broker has its own rules when it comes to spreads, whether it’s fixed spreads, ECN, or standard accounts. Understanding these differences is key to successful trading. Some market Expert Advisors (EAs) come with built-in spread filters, while others require you to develop your own systems to navigate high spread environments. That's why it’s crucial to know exactly what spreads you’re dealing with on your chosen broker and account. What works for one trader might not work for another! What This EA Does:This straightforward EA can be applied to any chart that isn’t used for live trading. If you encounter performance issues, consider increasing the default setting from 1 second to something like every 15 seconds. The minimum and maximum spread values are tracked daily. Keep in mind, the min/max values reset at midnight according to your broker's and terminal's time. You can toggle between pips and points in the settings to suit your preference. All instruments in your Market Watch (just hit Ctrl+U) will be displayed by default. Plus, you can sort the spreads by the highest value directly in the settings! Due to formatting constraints with the standard comment feature, I've created a box to insert the values. Each line is represented as a new OBJ_LABEL, and you don’t need to worry about grid or background since they're not used. Attached, you'll find the mq5 code along with the compiled ex5 in a zip file. Check out the EA in action: Here’s a look at the settings:

2025.08.19