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Key Features
Smart Risk Management
- Automatic lot size calculation based on account risk percentage
- Maximum risk cap in monetary value
- Dynamic stop loss based on ATR volatility
- Lot normalization according to broker requirements (min/max/step)
Technical Analysis
- Moving Average Crossover for entry signals
- ATR Volatility Filter for market volatility measurement
- Performance optimized - trades only on new bar formation
- Position verification to avoid duplicate trades
Flexible Customization
- Risk selection by percentage or fixed value
- Enable/disable dynamic or static stop loss
- Adjustable MA and ATR periods
- Unique magic number for each strategy
Detailed Monitoring
- Complete position sizing information logs
- Risk/reward display before order execution
- Clear error warnings with troubleshooting guidance
- Comprehensive reports on EA startup/shutdown
Outstanding Advantages
- Capital safety: Never risks more than allowed
- 100% automated: From analysis to order execution
- Optimized code: Minimizes lag, calculates only when needed
- Broker compliant: Checks stop levels and lot sizes
- User-friendly: Clear input parameters with descriptions
Suitable For
- Traders prioritizing strict capital management
- Trading systems requiring dynamic position sizing
- Trend-following strategies with MA crossover
- Accounts wanting to control drawdown
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.
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.
Multi-Day Dynamic VWAP
Dynamic VWAP level which can be averaged over multiple days
