DCA EA Overview
This Expert Advisor (EA) is a powerful Dollar Cost Averaging (DCA) trading system built for MetaTrader 5. It opens an initial Buy or Sell trade and adds safety orders as price moves against the position, averaging the entry price and aiming to close all trades at a defined Take Profit (TP) or Stop Loss (SL).
The EA supports Martingale or Incremental lot progression, optional virtual safety orders, and partial closes to recycle profits before full TP is reached. It also includes auto-compounding, allowing lot sizes to grow as the account balance increases.
Key features include:
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Flexible DCA grid based on pips or percentage
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Advanced risk control with SL by amount or balance percentage
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Partial profit taking to reduce drawdown
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Time filter to trade only during selected hours
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On-chart dashboard and visual TP levels
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Smart state saving, allowing the EA to resume after restarts
The system uses asynchronous trade execution for speed and reliability, making it suitable for fast markets and ECN brokers. While highly configurable and efficient, proper risk management is essential—especially when using Martingale logic. Always test on a demo account before live trading.
