Nice approach. For MT5, I’ve found adding strict risk controls (max risk per trade + equity protection) really improves consistency.
This logic can definitely be automated in MQL5. Execution accuracy is usually much better than manual entries.
Good explanation. One thing that often helps in MT5 EAs is separating signal logic from trade management.
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MT5 Telegram Trade Notifier (Bot API) — Deal Alerts:
Utility MT5 EA that sends BUY/SELL deal notifications to Telegram via Bot API (WebRequest)
Author: The Hung Ngo