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Check out other MetaTrader 5 codes:
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.
Stoch Cross EA – Buy Below 20, Sell Above 80 (H1)
A simple and effective Expert Advisor based on Stochastic Oscillator reversal signals on the H1 timeframe. Buy signals are triggered when %K crosses above %D below the 20 level. Sell signals are triggered when %K crosses below %D above the 80 level. Risk is calculated based on the account balance, with the lot size set to 0.1 (adjustable as needed). Take Profit (TP) is set to 300 points for all positions. Stop Loss (SL) is dynamically calculated based on the opposite crossover signal. The position is closed when a crossover in the opposite direction occurs, as well as when TP or SL is reached
Brooky Trend Strength for MT5
This indicator calls 3 other subwindow indicators. All files go in your Indicators folder.
Random Trader with Customizable Risk/Reward Ratio, Break-Even
The EA opens positions randomly (50/50 chance for Buy or Sell) when no position is open.