Auto Trader FX
- Experts
-
Michael Prescott Burney
I am a professional trader and Expert Advisor developer focused on building high-performance, risk-driven systems for MetaTrader 5. - Version: 126.0
- Updated: 18 June 2026
- Activations: 20
Auto Trader Portfolio for EURUSD H1
Auto Trader Portfolio is a professional MetaTrader 5 Expert Advisor for EURUSD on the H1 timeframe, running on the Expert Advisor HQ universal portfolio framework.
It is designed for structured automated trading on EURUSD H1, with clear on-chart feedback for entries, exits, protections, and live performance so you can see how the EA operates in real time.
Overview
Auto Trader Portfolio combines its portfolio-style strategy logic for EURUSD with the Expert Advisor HQ execution and protection engine. The focus is not only on identifying trade setups, but on passing every trade through a disciplined pipeline for filtering, execution, risk control, and monitoring.
The underlying framework provides layered entry, daily, and account protections, automatic broker fill-type negotiation, a retry engine for transient execution issues, an integrated MT5 news filter, and a TradingView-style analytics dashboard. Together, these components create a transparent and controlled operating environment for EURUSD trading.
Recommended Market
Symbol: EURUSD
Timeframe: H1
This product is intended for the EURUSD chart on the H1 timeframe. Running the EA on other symbols or timeframes is not recommended and may lead to behavior and results that differ from the validated deployment.
How the EA works
Auto Trader Portfolio operates through a structured pipeline. On every tick, the EA updates protection state, refreshes key dashboard metrics, and checks whether any critical limits have been reached. On each new bar, it performs a full analytics update, confirms that the chart is inside the configured trading session, collects strategy signals, applies all protection gates, and routes valid orders to the execution engine.
Before an order is sent, the EA can evaluate spread conditions, maximum allowed open positions, total open lots, daily protection status, account protection status, and the state of the news filter. If a condition blocks the entry, the trade is cancelled and the reason can be reviewed in the terminal journal, so “no trade” situations are explainable rather than mysterious.
Main framework features
Auto Trader Portfolio uses a three-layer protection architecture. Entry protections can prevent new positions when spread is higher than the configured limit, when the maximum number of positions has already been reached, or when the lot exposure ceiling has been hit. Daily protections can close positions and suspend new entries after a specified daily loss or daily drawdown threshold is reached, and account protections can close positions and remove the EA from the chart after a critical equity event so you can review conditions before restarting.
The execution engine is designed to adapt to different broker infrastructures. Orders are pre-checked, and the EA can automatically negotiate the appropriate fill mode across IOC, FOK, RETURN, and BOC. A bounded retry loop handles transient issues such as requotes, price changes, timeouts, and connectivity interruptions, helping to stabilize order placement without constant manual intervention.
The integrated news filter connects to the MetaTrader 5 economic calendar to pause new entries around selected medium- and high-impact events. When enabled on a live or demo account, this can help keep the strategy out of scheduled volatility spikes that may affect EURUSD pricing.
Trade management
The EA manages positions through a structured signal model. Each signal defines direction, whether it is an entry or exit, stop loss distance, take profit distance, trailing behavior, and whether an opposite signal should close and reverse an existing position. Stop loss and take profit levels are calculated from current market prices and automatically widened when broker stop-level rules require more distance.
When trailing features are active in the strategy, the EA can trail positions using a bar-based method that tracks the previous bar high or low. The trailing stop only moves to lock in profit and never moves backward, helping to protect gains while still allowing price to evolve naturally on EURUSD H1.
Dashboard and chart tools
Auto Trader Portfolio includes the full EAHQ real-time analytics dashboard. The panel can show equity, balance, floating profit and loss, number and volume of open positions, a rolling equity curve with current drawdown from peak, and recent performance windows, along with a per-position strategy breakdown. Lightweight updates run during tick flow, and full recomputations occur on new bars.
On the chart, the EA can draw signal arrows at each entry and display live trade projection overlays that show entry price, stop loss zone, and take profit zone. These visuals are intended to make the EA’s decisions transparent and easy to supervise during live trading.
Input structure
The EA uses the standard Expert Advisor HQ portfolio input layout. Core parameters include fixed lot size and a base magic number, followed by grouped settings for entry protections, daily protections, account protections, news filter configuration, statistics, and visual preferences.
This consistent structure makes configuration straightforward. Traders who already use other Expert Advisor HQ portfolio products can apply the same operating workflow to Auto Trader Portfolio with minimal adjustment.
Important usage notes
For correct operation, attach the EA to the EURUSD H1 chart, ensure Algo Trading is enabled in platform options and on the toolbar, and assign a unique magic number if you are running multiple EAs on the same account. It is also recommended to configure protection parameters intentionally, avoid changing the magic number while positions are open, and run the terminal on a VPS for stable 24/5 execution.
As with any automated system, testing Auto Trader Portfolio on a demo account before going live is advisable. Observing how it behaves across different sessions, spread

Hey Mike - Some more work needs to be done on this EA. It hits stoploss before TP regardless of direction.