I trade forex, gold and indices on MetaTrader 5, and for a long time I missed a few simple tools that I had on other platforms. So I built them myself – and decided to share them for free. Here are the first three. All of them are indicators only: they never open, modify or close trades. 1...
Pipbit HBS Gold — Complete Operating Manual Hybrid Basket System V3.41 | MetaTrader 5 | Gold / XAUUSD Pipbit HBS Gold is a configurable automated trading system designed for Gold (XAUUSD) on MetaTrader 5...
Every trader has rules written somewhere: risk 1%, no trading during the news, stop after three losses. But there is a second set of rules that nobody writes down, because we don't know they exist. They are hidden in our own results...
XAUUSD: SELL 4129.72-4181.42, TP1-4078.12, TP2-3915.72. It's our birthday, and we're giving you gifts! To celebrate our 22nd anniversary, we are offering: Swap-free trading until the end of the month! A 220% drawdown bonus from $220! Double cashback — up to $40 per lot...
Step 1: Chart Open an XAUUSD chart on M15 and attach the EA. Make sure Algo Trading is enabled. Step 2: Lot mode Choose how the lot size is calculated: Fixed lot: the same lot on every trade. Simple and predictable...
COPYLATOR – MT5 Trade Copier: Why a Drawdown Block Needs a Cooldown, Not Just a Block Product link: https://www.mql5.com/en/ market/product/191385 When drawdown protection activates, copying can be blocked to prevent additional trades from being replicated...
If you scale into gold, you know the moment. You have ten or twenty entries open, price turns, and every stop loss needs to move. In MetaTrader 5 that means opening each position, typing a price, confirming, and doing it again, while the market keeps running...
This is the tenth entry in the incubation diary for my gold breakout EA. The EA trades XAUUSD on M15 on a demo account at XM: during 10:00 to 13:59 UTC it keeps a buy stop at the highest high and a sell stop at the lowest low of the last 128 closed bars, with an initial stop of 0...
An EA's page shows a big percentage and a curve that climbs from left to right. It may all be true. The question before you pay is a different one: how much of it can you check yourself? More than the page shows. Five questions do the work, and they work on any EA, ours included...
💸 Your EA can have a great strategy, solid backtest results, and disciplined risk management - and still lose its edge because of one thing: trading costs. Imagine two traders running exactly the same scalping robot. Same strategy. Same settings. Same currency pair. One gets acceptable results...
How can you avoid lot size errors in MetaTrader 5? Even when a trading idea and Stop Loss are defined correctly, entering the wrong position size can significantly change the original risk level. The problem often comes not from complex mathematics but from a simple human error...
Choosing the right lot size is a crucial part of managing risk in forex trading. Too large, and a trade can expose your account to unnecessary losses. Too small, and you may not be using your chosen risk allowance effectively...
🏛️ Giza Gold EA launch: $199 for the first 10 copies, then $499. Get it on MQL5 | Launch post | Watch Giza trade in public, every trade on the gold chart: thegoldheist.com A 5% daily loss limit sounds simple. The question nobody asks is: 5% of what...
https://www.mql5.com/en/market/product/202891?source=Site+Market+My+Products+Page Hello traders! I'm developing Trade Assistant X, a trade management panel for MetaTrader 5 designed for manual traders, especially those trading prop firm challenges and funded accounts...
Artificial intelligence is now attached to almost every trading claim. But an adaptive EA should be judged by a simpler standard: what information changes its decision, what is allowed to change, and what risk limits remain fixed? A system becomes dangerous when adaptive means opaque...
By Cree Lawson You run an EA over the dates shown in a report and get a different result. Before changing the settings to make the curves match, I would save your report and compare the two setups. There are several ordinary reasons for a difference...