Simple. Focused. Powerful.
This EA is designed for traders who prefer a clean interface and minimal setup. With only a handful of inputs, it delivers precision without overwhelming complexity. Whether you're just starting out or prefer to spend less time on configurations, this EA is tailored to help you focus on trading rather than tweaking.
Quick Start
To begin, load the EA onto any chart. The system automatically detects the chart symbol and timeframe. You don’t need to adjust the chart manually or worry about compatibility. to read more details on to run any EA please read the blog below: https://www.mql5.com/en/blogs/post/745692
Channels:
Reliable with Just a Few Settings
With a low number of configurable parameters, the EA works straight out of the box. The default values are optimized for general usage and give you a safe starting point. Adjust only what you need.
Inputs Breakdown
| Group | Input Description |
| Primary ea-level settings | - pairs — Lists the trading pairs that the EA will handle (e.g., “USDCAD, EURUSD, GBPUSD, NZDUSD, USDCHF, USDJPY”).
- set magic number — Unique identifier that distinguishes this EA’s trades from others.
- expert comment — Custom comment text that will appear on all trades opened by the EA.
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| Recovery setup | - recoveryzone active for trade safety — Enables recovery trading mode to manage drawdown safely.
- set fixed point gap for zones — Defines the distance between recovery zones in points when fixed method is selected.
- set atr calc timeframe — Chooses the timeframe used to calculate ATR for recovery distance.
- set period for atrs calculation — Defines the period used for ATR-based zone calculations.
- set atr calc multiplier — Multiplies ATR values by this factor to determine recovery distances.
- set multiplier for tp pips — Multiplier for take profit calculation within recovery mode.
- set tp pips multiplier (opposite) — Adjusts take profit distance when an opposite signal occurs.
- set recovery profit type — Determines whether recovery profit is based on USD or percent of balance.
- set profit total usd after recovery — Defines the absolute profit target after completing recovery (in USD).
- set profit % of balance after recovery — Sets the profit goal as a percentage of account balance post-recovery.
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| Arrange news filter setup | - apply high impact news filter for trade safety — Suspends trading during major economic news events.
- apply medium impact news filter for trade safety — Pauses trading around moderate-impact news.
- apply low impact news filter for trade safety — Adds filtering for minor or low-impact events.
- set pause before news for trading — Defines how many hours before news trading will stop.
- set pause after news for trading — Defines how many hours after news trading will resume.
How to enable news filter in MT4/MT5: - Go to Tools > Options (or press Ctrl + O ).
- Select the Expert Advisors tab.
- Tick Allow WebRequest for listed URL.
- Add: https://nfs.faireconomy.media and click OK.
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| Arrange drawdown closing setup | - set limit for maximum drawdown allowed — Stops new trades when drawdown exceeds the defined percentage limit.
- close all at chosen drawdown — Automatically closes all active positions when the drawdown threshold is reached.
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| Other settings | - prevent last-moment order edits — Adds a safety buffer (in points) to prevent late order modifications during execution.
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| Personalize risk options | - lot management method — Defines how trade volume is calculated (fixed, risk percentage, or adaptive).
- trade risk percentage — Sets the risk percentage applied per trade relative to balance.
- determine fixed lot size — Sets a constant lot size for all orders.
- ignore dynamic risk settings — Disables automated risk scaling, keeping manual lot size constant.
- set lot decrease percentage — Defines by what percentage lot sizes decrease after a losing trade.
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| Arrange prop firms setup | - ftmo randomizer — Slightly randomizes stop loss and take profit distances to comply with prop firm behavior checks.
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Less Settings, More Control
The EA’s minimalist design means fewer chances for misconfiguration. You’ll spend less time reading manuals and more time trading confidently.
Compatible with Other Systems
If you’re running multiple EAs, simply assign a different magic number for each to prevent conflicts. This EA is light on system resources and integrates smoothly with your existing setup.
Test It Properly
For backtesting, we recommend MetaTrader 5. It supports real tick data and multi-pair simulations. MT4, while usable, lacks accuracy and flexibility for serious testing.
Updating Your EA
Keep your EA up to date to benefit from improvements and bug fixes. A full update guide can be found here: https://www.mql5.com/en/blogs/post/729921
Reach Out Anytime
Suggestions, improvements, or custom feature requests are always welcome. Use MQL5 messaging to contact directly and your feedback will be considered seriously.
