Honkify

Honkify is a professional trading system designed for the MetaTrader 5 platform. It uses a modular architecture to combine advanced mathematical filtering with robust risk management. The system identifies market conditions using a combination of linear regression channels and Kalman filtering, allowing it to adapt to both trending and ranging price movements.

Key Features

  • Dual Filter Engine: Uses linear regression channels and Kalman filters to determine market direction and volatility levels.
  • Adaptive Grid Logic: Implements a smart grid system with entry distancing based on the Average True Range.
  • Professional Risk Management: Features multiple layers of protection, including equity-based stop losses and absolute account drawdown limits.
  • Dynamic Position Sizing: Offers multiple sizing methods including fixed lots, percentage risk per trade, and Kelly Criterion positioning.
  • Session Control: Includes filters for specific trading hours to avoid periods of low market liquidity.
  • Visual Interface: A real-time display on the chart shows the current system state, drawdown levels, and trade exposure.

Input Parameters

Risk Management

  • Initial Lot Size: The starting volume for the first trade in a sequence.
  • Maximum Grid Orders: The total number of positions allowed in a single sequence.
  • Stop Loss Equity Percentage: Closes all positions if the account equity drops by this percentage.
  • Maximum Spread Pips: Prevents new entries if the market spread is too high.
  • Trailing Distance: A virtual stop loss that follows the price to protect profits.
  • Breakeven Trigger: Moves the stop loss to the entry price once a certain profit is reached.
  • Grid Multiplier: The factor used to calculate the lot size for subsequent grid orders.
  • Maximum Lots: The highest volume allowed for any single order.
  • Account Protection Percentage: A safety mechanism that stops all trading if the total drawdown limit is reached.
  • Grid Take Profit: The target profit level for each individual order.
  • Risk Percent: Percentage of account balance to risk per trade.
  • Stop Loss Multiplier: A multiplier used for the dynamic stop loss calculation.
  • Take Profit Multiplier: A multiplier used for the dynamic take profit calculation.
  • Use Kelly Positioning: Enables an advanced mathematical formula for calculating position sizes.

Time Filters

  • Trading Start: The time to begin looking for new trade opportunities.
  • Trading End: The time to stop looking for new trade opportunities.

Strategy Settings

  • Analysis Lookback: The number of historical bars used for the channel calculations.
  • Magic Number: A unique identification number for the Expert Advisor's trades.
  • Show Visual Interface: Toggles the information panel on the chart.

Setup and Requirements

  • Timeframes: The system is optimized for use on the one-hour and fifteen-minute chart timeframes.
  • Currency Pairs: Recommended for use on major currency pairs with low spreads.
  • Account Type: Using an account with low spreads and high-quality execution is recommended.
  • Connectivity: A stable connection with low latency to the trading server is suggested for continuous operation.

All technical support and questions should be submitted through the MQL5.com messaging system or the product comments section.

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Neurox AI — The Future of Gold Trading Powered by Multi-Module Neural Intelligence After almost two years of active AI hype, one thing has become clear: simple generative models such as ChatGPT and similar systems do not work as real trading engines. They can explain, write text, generate ideas, or assist with analysis, but they are still mainly assistants — not professional trading algorithms by themselves. In 2026, the most promising results in algorithmic trading came not from one large unive
AnE
Thi Ngoc Tram Le
2.38 (8)
ANE — Gold Grid Expert Advisor ANE is a fully automated Expert Advisor designed for trading XAUUSD (Gold) on the M15 timeframe using a grid-based averaging strategy . Important: Test the EA on a demo account first to understand the behavior of the averaging system before running it on a live account. Live Signal ANE Official Channel Trading Strategy ANE manages positions as a group. It opens additional trades to optimize the average entry price when conditions allow, then closes the entire bask
Price Action Robot MT5
MQL TOOLS SL
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Price Action Robot is a professional trading system built entirely on real market behavior without indicators, grid strategies, or martingale systems. It analyzes pure price action , focusing on structure, trend dynamics, and key market movements to identify high probability trading opportunities. The system is designed to read the market the same way experienced traders do, using logic based on real price movement rather than lagging indicators. It reacts dynamically to changing market conditio
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