Synex Capital Gryphon Omega
- Experts
- Version: 28.23
- Updated: 2 February 2026
- Activations: 20
HEADLINE FOR MQL5 MARKET
SYNEX OMEGA v28.09 - USER GUIDE
TABLE OF CONTENTS
- Overview
- Installation & Setup
- Input Parameters Reference
- Risk Management Guidelines
- Performance Monitoring
- Troubleshooting
- MQL5 Market Compliance
- Support & Legal
1. OVERVIEW
SYNEX OMEGA v28.09 is a professional zone-based trading system designed for automated forex and CFD trading.
Key Features
- Adaptive position sizing technology
- Multi-factor scoring system
- Institutional level detection
- Built-in risk management
- MQL5 Market validated
- Compatible with all major forex pairs and gold
Minimum Requirements
- MetaTrader 5 platform
- $500 minimum account (recommended $1,000+)
- Basic understanding of forex trading
- Demo testing before live deployment
2. INSTALLATION & SETUP
Installation Steps
- Copy the EA file to: MQL5/Experts/ folder
- Compile in MetaEditor (press F7)
- Restart MetaTrader 5
- Attach EA to desired chart
- Enable AutoTrading in MT5 toolbar
- Verify initialization in Experts tab
Initial Configuration
The EA comes with optimized default settings suitable for most traders. For your first deployment:
- Start with demo account
- Use default settings initially
- Monitor performance for 2-4 weeks
- Adjust risk parameters based on results
- Only then consider live trading
Chart Setup
- Recommended timeframes: H1, H4
- One EA instance per chart
- Ensure sufficient chart space for display panel
- Check that AutoTrading is enabled
3. INPUT PARAMETERS REFERENCE
Risk Parameters
RiskPercent (Default: 3.0)
- Fixed risk per trade when Adaptive Kelly is disabled
- Range: 1.0% - 5.0%
- Lower values = more conservative
UseAdaptiveKelly (Default: true)
- Enables dynamic position sizing
- Adjusts risk based on setup quality
- Range: 1.5% - 5.0% per trade
MaxLotSize (Default: 1.0)
- Maximum position size allowed
- MQL5 Market compliant setting
- Adjust based on account size and broker limits
MaxMarginUsage (Default: 50.0)
- Maximum percentage of equity used for margin
- Safety limit to prevent over-leveraging
MaxDailyLoss (Default: 5.0)
- Daily loss limit as percentage
- EA stops trading when reached
- Resets at start of new trading day
Stop Loss & Take Profit
StandardStopLossPips (Default: 15)
- Stop loss distance for standard setups
- Automatically adjusted for broker requirements
ExhaustionStopLossPips (Default: 20)
- Stop loss distance for exhaustion zone trades
- Slightly wider due to volatility at extremes
TakeProfitPercent (Default: 27)
- Take profit as percentage of daily range
- Balanced risk-reward ratio
Trading Controls
MagicNumber (Default: 28090)
- Unique identifier for EA trades
- Change if running multiple instances
MaxSpreadPips (Default: 3.0)
- Maximum spread allowed for trade entry
- Prevents trading during poor conditions
UseSmartHedging (Default: true)
- Analyzes currency exposure
- Prevents excessive concentration risk
EnableExhaustionReentry (Default: true)
- Allows re-entry after stop loss
- Limited to 3 attempts within 4 hours
EnableFridayClose (Default: true)
- Closes positions before weekend
- Avoids weekend gap risk
FridayCloseHour (Default: 22)
- Hour (GMT) to close Friday positions
Display Settings
ShowEliteDisplay (Default: true)
- Shows status panel on chart
ShowZoneLines (Default: true)
- Draws zone levels on chart
ShowTrafficLights (Default: true)
- Shows correlation indicators
4. RISK MANAGEMENT GUIDELINES
Account Size Recommendations
- Minimum: $500
- Recommended: $1,000 - $5,000
- Optimal: $10,000+
Risk Per Trade
The EA uses sophisticated position sizing but you control the overall risk:
- Conservative: RiskPercent = 2.0, UseAdaptiveKelly = false
- Balanced: RiskPercent = 3.0, UseAdaptiveKelly = true (default)
- Aggressive: RiskPercent = 5.0, UseAdaptiveKelly = true
Position Sizing Modes
Fixed Risk Mode
- Every trade risks the same percentage
- Predictable, easier to manage
- Good for beginners
Adaptive Kelly Mode
- Risk varies from 1.5% to 5.0%
- Based on setup quality analysis
- Higher risk for higher probability setups
- Recommended for experienced traders
Safety Features
The EA includes multiple protection layers:
- Daily loss limit
- Margin usage cap
- Spread filter
- Volume limit compliance
- Stop level enforcement
5. PERFORMANCE MONITORING
On-Chart Display
When ShowEliteDisplay is enabled, you'll see:
- Current market regime
- Active signals
- Risk percentage
- System status
Zone Lines
Color-coded horizontal lines show institutional levels where the EA may trade.
Log Files
Location: MQL5/Files/SYNEX_OMEGA_v28_Log.txt
Contains:
- Trade entries and exits
- Daily performance
- System status updates
Strategy Tester
Recommended settings for backtesting:
- Model: Every tick based on real ticks
- Period: H1 or H4
- Date range: Minimum 6 months
- Spread: Current or average
Key metrics to review:
- Win rate
- Profit factor
- Maximum drawdown
- Total trades
6. TROUBLESHOOTING
EA Not Trading
Check:
- AutoTrading enabled in MT5
- Spread within MaxSpreadPips limit
- Daily loss limit not exceeded
- Sufficient margin available
- Review log file for specific block reasons
Unexpected Position Sizes
Verify:
- UseAdaptiveKelly setting
- MaxLotSize parameter
- Account balance/equity
- RiskPercent value
When Adaptive Kelly is enabled, position sizes vary based on setup quality.
Display Not Visible
Solutions:
- Check ShowEliteDisplay = true
- Ensure chart has space on right side
- Refresh chart (F5)
- Reattach EA to chart
Stop Loss Issues
The EA automatically adjusts stop losses to meet broker requirements. If you see unexpected SL distances, this is normal compliance behavior.
7. MQL5 MARKET COMPLIANCE
Volume Handling
SYNEX OMEGA v28.09 is fully compliant with MQL5 Market requirements:
- Checks SYMBOL_VOLUME_LIMIT before every trade
- Accounts for existing positions and pending orders
- Will not attempt trades when volume limit is reached
- Compatible with all broker configurations
Stop Levels
The EA automatically enforces SYMBOL_TRADE_STOPS_LEVEL:
- Validates all stop loss and take profit levels
- Adjusts distances to meet broker minimums
- Final validation before order submission
Tested Symbols
The EA has passed validation on:
- EURUSD
- GBPUSD
- XAUUSD
- All major forex pairs
8. SUPPORT & LEGAL
Version Information
- Current Version: 28.09
- Release Date: January 31, 2026
- Status: MQL5 Market Approved
Product Support
For technical support or questions:
- Product Page: https://www.mql5.com
- Developer: Saturday Trading Systems
Best Practices
- Always test on demo account first
- Start with conservative settings
- Monitor performance regularly
- Adjust parameters gradually
- Never risk more than you can afford to lose
Important Reminders
- One EA instance per chart
- Enable AutoTrading in MT5
- Check log files regularly
- Backtest before live deployment
- Use proper risk management
QUICK START GUIDE
For Beginners
RiskPercent = 2.0 UseAdaptiveKelly = false MaxLotSize = 1.0 StandardStopLossPips = 20 UseSmartHedging = true EnableFridayClose = true
For Experienced Traders
RiskPercent = 3.0 UseAdaptiveKelly = true MaxLotSize = 5.0 StandardStopLossPips = 15 UseSmartHedging = true EnableFridayClose = true
Use default settings for all other parameters.
LEGAL DISCLAIMER
Trading foreign exchange and contracts for difference (CFDs) carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange or CFDs, you should carefully consider your investment objectives, level of experience, and risk appetite.
This Expert Advisor is a software tool designed to assist in automated trading based on technical analysis. Past performance is not indicative of future results. The EA's performance may vary significantly depending on market conditions, broker settings, and user configuration.
Users are solely responsible for:
- Understanding the trading strategy
- Configuring appropriate risk parameters
- Monitoring EA performance
- Complying with all applicable regulations
- Managing overall portfolio risk
Saturday Trading Systems and its affiliates:
- Do not guarantee trading results
- Are not responsible for trading losses
- Make no warranty of fitness for particular purpose
- Disclaim liability for any damages arising from EA use
By using this software, you acknowledge that you understand these risks and accept full responsibility for your trading decisions.
COPYRIGHT NOTICE
SYNEX OMEGA v28.09 Copyright 2026 Saturday Trading Systems All Rights Reserved
This software and documentation are proprietary and confidential. Unauthorized copying, distribution, modification, reverse engineering, or use of this software or its algorithms is strictly prohibited and may result in legal action.
END OF USER GUIDE
