Unfortunately, SCIPT Edition Modify SL and/or TP mt5 is unavailable
The code has been removed. However, the huge code base still remains at your disposal allowing you to find a suitable code.
Check out other MetaTrader 5 codes:
BBMA - Bollinger Band Moving Average
All indicators required by BBMA Strategy in a single indicator.
Range BreakOut Indicator - Indicator Buffer Only
This indicator for Breakout Strategy. It doesn't print objects on the chart.
Creating a Simple News Filter for XAUUSD Trading on MT5
Trading XAUUSD (Gold) is often influenced by major economic news events like USD, GBP, or EUR releases. To mitigate risks during these volatile periods, using a News Filter in your Expert Advisor (EA) is essential. In this article, I’ll share how to create a simple News Filter on MT5 and apply it to XAUUSD trading.
Risk Management EA Based on ATR Volatility
This Expert Advisor (EA) helps traders manage risk by automatically adjusting position sizes and stop-loss levels based on market volatility, using the Average True Range (ATR) indicator. The EA calculates the optimal position size for each trade according to a user-defined risk percentage and the current ATR value, ensuring consistent risk exposure across all market conditions. It also offers an ATR-based stop-loss option to adapt to volatility, while employing a simple moving average crossover strategy to open buy trades. Ideal for traders seeking to automate risk management without complex trading logic, this EA prioritizes account protection and simplifies the trading process.