Advanced MT5 EA

The EA will execute trades based on the Simple Super Trend and Advanced Fractal indicators while incorporating custom risk management, re-entry, and trailing stop logic. It will only operate on the timeframe it is applied to.

 Indicators Used

🔹 Simple Super Trend (Entry Signal & Trend Confirmation)

• Buy Signal: Blue arrow appears on a closed candle+ Green trend line.
• Sell Signal: Red arrow appears on a closed candle + Red trend line.

🔹 Advanced Fractal (Stop Loss, Trailing Stop, Re-entry, Layering)

• Blue Fractal: Used for SL & TSL in Buy trades.
• Red Fractal: Used for SL & TSL in Sell trades.

 Entry Rules

✅ Buy Entry Conditions:

1. Look for a Blue Arrow from the Super Trend indicator below a closed candle (Signal Candle).
2. The Super Trend line must be green.
3. Wait for a Confirmation Candle where the body closes above the high of the Signal Candle.
• If only the wick breaks above, wait for a subsequent candle body to close above the highest wick.
4. Open a Buy Trade immediately after the Confirmation Candle closes.

✅ Sell Entry Conditions:

1. Look for a Red Arrow from the Super Trend indicator above a closed candle (Signal Candle).
2. The Super Trend line must be red.
3. Wait for a Confirmation Candle where the body closes below the low of the Signal Candle.
• If only the wick breaks below, wait for a subsequent candle body to close below the lowest wick.
4. Open a Sell Trade immediately after the Confirmation Candle closes.

Stop Loss (SL) Rules

📌 SL is set based on the latest Advanced Fractal + a user-defined buffer (input setting in pips/points).

✅ Buy Trade:

• The SL is set at the low of the most recent Blue Fractal minus a custom buffer.

✅ Sell Trade:

• The SL is set at the high of the most recent Red Fractal plus a custom buffer.

📌 The SL buffer is adjustable via input (e.g., 5 pips, 10 pips, etc.).

Trailing Stop Loss (TSL) Rules

📌 When enabled, the SL moves to the latest fractal level as the trade progresses.

✅ Buy Trade:

• The SL moves to the low of the most recent Blue Fractal minus a custom buffer.

✅ Sell Trade:

• The SL moves to the high of the most recent Red Fractal plus a custom buffer.

📌 The TSL buffer is adjustable via input.
📌 TSL can be turned on or off via input.

 Exit Conditions

A trade will close if any of these conditions occur:

1. An opposite confirmation appears (New Buy Signal closes a Sell trade & vice versa).
2. Stop Loss (SL) is hit.
3. Trailing Stop Loss (TSL) is hit.

Re-Entry Conditions (Optional Feature)

📌 Re-entry happens only if the trailing stop loss was hit.
📌 Re-entry can be turned on or off via input.

✅ Buy Re-Entry:

• After the TSL is hit, enter a new Buy trade when a candle body closes a few pips above the high of the most recent Red Fractal candle.
• The Super Trend line must still be green.

✅ Sell Re-Entry:

• After the TSL is hit, enter a new Sell trade when a candle body closes a few pips below the low of the most recent Blue Fractal candle.
• The Super Trend line must still be red.

📌 the new SL will follow the standard SL rules.

 Layering Conditions (Optional Feature)

📌 Layering adds extra trades only when the current trade is in profit and is being trailed.
📌 Layering can be turned on or off via input.

✅ Buy Layering:

• A new Buy trade is opened when a candle body closes a few pips above the high of the most recent Red Fractal.
• The SL for this trade follows the normal SL rule, with a separate input for the buffer.

✅ Sell Layering:

• A new Sell trade is opened when a candle body closes a few pips below the low of the most recent Blue Fractal.
• The SL for this trade follows the normal SL rule, with a separate input for the buffer.

📌 Separate Risk % input for layered trades.
📌 Separate Risk-to-Reward (R:R) input for layered trades.

 Risk Management & Lot Sizing (All Inputs Adjustable)

✅ Lot Size Options:

1. Manual Lot Size (Fixed lot size input).
2. Auto Lot Calculation (Risk % per trade)
• Lot size is calculated based on SL distance & risk percentage of account balance.
3. Use Minimum Lot Size (if enabled).

✅ Risk-to-Reward Ratio (R:R) Input:

• Manually set the target R:R (e.g., 1:2, 1:3, etc.).
• If no R:R target is set, trades will run until TSL is hit.

✅ Partial & Full Trade Closure (Optional Inputs)

• Partial Close: Close a percentage of the position at a defined R:R level.
• Full Close: Close the entire trade at a specified R:R target.
• After auto-closing at R:R, the EA will not immediately re-enter the same trade direction (must wait for the opposite signal).

📌 Partial/Full Closure settings can be turned on or off.
📌 Risk Management settings are fully adjustable via input.

 Additional Features

✅ Trading Mode Selection: (User Input)

• Buy Only
• Sell Only
• Both Buy & Sell

✅ Account Restriction:

• The EA will only run on a specific MT5 account (defined by the user).

✅ Manual Intervention Allowed:

• Users can manually adjust SL, TSL, or close trades without disrupting the EA.

✅ Adjustable Pip/Point Inputs for:

• Stop Loss Buffer
• Trailing Stop Buffer
• Re-Entry Condition
• Layering SL Buffer