NoSwapEa MT5

NoSwapEA MT5 - Trade Smart, Avoid Swaps

Overview

NoSwapEA is a smart and efficient Expert Advisor designed to help traders avoid overnight swap charges by automatically closing and reopening trades based on a customizable schedule. Developed by NeonTrade, this EA is perfect for traders who want to optimize their trading strategy while minimizing costs.

Key Features  

  • Swap-Free Trading: Automatically closes trades before swap charges are applied and reopens them the next day, saving you money.  
  • Flexible Scheduling: Set custom close and open times for each day of the week (Monday to Sunday) to align with your trading strategy.  
  • Advanced Filtering Options: Filter trades by symbol, magic number, or both, or apply the EA to all trades for maximum flexibility.  
  • Spread and Slippage Control: Define maximum spread and slippage limits to ensure trades are executed under optimal conditions.  
  • User-Friendly Interface: Easily configure symbols, magic numbers, and schedules through intuitive input parameters.

How It Works


NoSwapEA monitors your trades and uses predefined filters (by symbol, magic number, or both) to determine which positions to manage. At the specified close time (e.g., 23:30), it closes the selected trades to avoid overnight swaps. The next day, at the set open time (e.g., 00:30), it reopens those trades with the same parameters, ensuring seamless trading continuity.

Input Parameters

  • Filters: Choose to filter trades by symbol, magic number, both, or apply to all trades.  
  • Symbols: Specify symbols (e.g., "EURUSD,AUDUSD") for targeted trade management.  
  • Magics: Define magic numbers (e.g., "0" for manual trades) to manage specific trades.  
  • Close/Open Schedule: Set daily close and open times for each day of the week.  
  • Max Spread: Limit trade execution to a maximum spread (0 for no limit).  
  • Slippage: Control slippage for precise trade execution.

Why Choose NoSwapEA?

  • Save on swap fees without compromising your trading strategy.  
  • Fully customizable to fit your trading style and schedule.  
  • Built with NeonTrade’s signature precision and reliability.

Ideal For

  • Traders looking to reduce overnight swap costs.  
  • Those who prefer automated trade management with flexible scheduling.  
  • Tech-savvy traders seeking a professional, innovative solution.

Support & Feedback


Have questions or suggestions? Contact us via MQL5 for dedicated support.


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RS Trade Copier - the ultra-fast local trade copier with a real graphical interface. Stop typing account numbers manually. No more 200+ cryptic inputs. A reliable and flexible tool for copying trading operations between multiple MT5 and MT4 terminals. It suits experienced traders, signal providers, and individual investors. It enables trade synchronization from one or multiple Providers to one or multiple Clients with high precision and minimal latency. It supports simple automatic configuration
Master Your Trading Discipline   Stop losing your hard-earned gains to overtrading and emotional decisions. The Discipline Tool is your ultimate trading assistant, ensuring strict risk management in real-time. Key Protection Features: Advanced Drawdown Defense : Automatically halts trading if your daily drawdown exceeds a preset threshold (percentage or dollar amount). Real-Time Equity Lock : Safeguard profits by referencing peak equity, ensuring drawdown stays within control. Hard Profit Target
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DrawRectangular EA The Expert draws Renko rectangles and the levels of development of the following "bricks" directly on the chart, can be used as an indicator. The order may be opened on or against (sets in the settings) the trend, depending on the size of the shadows of the last two Renko bars. Expert features: No more than one order per symbol; You must set the size of the last two shadows: "from" and "to"; Management of lot size depending on the deposit; Adjustable size Renko bar; Pending
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ReverseTrend
Ivan Zhigalov
ReverseTrend MT5 Introducing ReverseTrend - your fully automatic trading advisor designed for night scalping, utilizing the Bollinger Bands indicator for entry signals, focusing exclusively on BUY positions. This EA does not employ the risky martingale strategy, ensuring a safer trading approach. Key Features: Proven Long-Term Performance : ReverseTrend MT5 has shown remarkable results over a 5-year testing period from 2017 to 2024, with significant gains like +94.6% on EURAUD, +468% on EURCAD
NeonRectangle
Ivan Zhigalov
NeonRectangle EA – Cutting-Edge Price Action Algorithm for Maximum Profit NeonRectangle is a unique, fully automated Expert Advisor designed to consistently deliver high returns by leveraging advanced price action analysis. Developed from over 10+ years of real market experience, this EA is the culmination of my deep understanding of market behavior and trading dynamics. Live Signal: https://www.mql5.com/en/signals/1906396 Other products all products  |  NeonCircle Signal  |  NeonRectangle Si
NeonCircle
Ivan Zhigalov
NeonCircle This Expert Advisor (EA) is the culmination of my 10+ years of trading experience, offering a straightforward yet effective trading system optimized for the M15 timeframe on the following currency pairs: AUDCAD , AUDNZD , and NZDCAD . While these pairs are pre-optimized, feel free to adjust the settings for any additional instruments you wish to trade. THE SETTINGS FOR THIS EA ARE ATTACHED IN THE FIRST COMMENT!!! Trading Strategy Overview The EA operates without the use of indicators
NeonKumo
Ivan Zhigalov
NeonKumo Introducing NeonKumo a straightforward and reliable trading system designed with simplicity and precision in mind. Built around the Ichimoku indicator, this EA carefully evaluates the market to identify potential trades with clarity.  NeonKumo doesn’t aim to over complicate; instead, it harnesses the power of Ichimoku’s clear insights for traders looking for a balanced, no-frills solution in the forex market.   NeonKumo   is built to balance risk and consistency, making it ideal for tr
PropShield
Ivan Zhigalov
️ PropShield is your automated guardian for proprietary trading firm challenges and funded accounts. If you've ever failed a challenge by exceeding the daily drawdown limit by just a few dollars, or if you struggle to enforce your own risk rules during volatile markets, PropShield is built for you. This is not a trading strategy - it's a safety system that watches your account 24/7, automatically closes positions when risk limits are breached, and keeps you on track to pass challenges and keep
️ EquityShield is your automated risk management guardian for MetaTrader 5. If you've ever exceeded your daily loss limit, struggled to enforce your own trading rules during volatile markets, or wanted to automatically lock in profits when you hit your targets, EquityShield is built for you. This is not a trading strategy - it's a safety system that watches your account 24/7, automatically closes positions when your risk limits are breached, and helps you maintain consistent trading discipline
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