Over Watch EA

  • Experts
  • Kiresh Choweni
    Kiresh Choweni
    • ALGORITHMIC TRADING SOFTWARE DEVELOPER at  APEX TRADING FIRM
    • South Africa
    • 174
    Hi I'm an independent MetaTrader 5 and Python developer focused on building professional trading software with an emphasis on automation, disciplined risk management, and performance analysis.
  • Version: 2.0
  • Activations: 5

🛡️ OVERWATCH — MultiLevel Drawdown Reporter EA 

Your Account's Circuit Breaker + Personal Trading Analyst

You can't out-trade a blown account. Overwatch's first job is making sure that never happens — then it turns every day of trading into a report you can actually learn from.

It's built to run two ways: as an all-around guard sitting on top of your manual trading or another EA, or as a standalone watchdog with its own simple built-in strategy turned off. Either way, the drawdown protection and reporting never change.


The Kill Switch

Set Daily, Weekly, and Monthly drawdown limits — in dollars or percentage, your choice. Cross any of them and Overwatch:

Closes the relevant open positions automatically — you choose whether that means just this EA's own trades, or everything on the account

Cancels matching pending orders at the same time

Sends a push notification + terminal alert the moment it fires

Keeps watching afterward, so a runaway grid or martingale system can't quietly reopen positions behind your back

Logs every forced closure to a permanent CSV audit trail — so you have proof of exactly what was closed and when

You also get an early warning notification before any limit is actually hit, so the kill switch is rarely a surprise.


📊 The Reporting Engine

Weekly, Monthly, and Yearly — fully automatic, no input needed. Each report drops as a clean, branded HTML file (and matching CSV) that reads more like a trading coach reviewing your week than a raw data dump.

What to expect when you open one:

A top-level summary of how the period went — profit, performance, and overall health at a glance

A deeper look at your risk and consistency, not just your bottom line

A breakdown of when you trade best and worst — which days and hours are actually working for you

A look at how your costs (commissions, swaps) stack up against what you're making

A set of plain-English takeaways that call out patterns you'd otherwise miss, and point you toward the single change that would help most

It's built to answer the question every trader asks themselves: "Is what I'm doing actually working — and why?" The full picture is yours the moment a report lands.


🧩 About the Built-In MA Strategy (ON by default)

Out of the box, Overwatch comes with a simple Moving Average crossover strategy turned on. Why: it's there so the kill switch and reporting engine have something to watch immediately. Drag, drop, attach to a chart, and you'll see drawdown tracking and reports working right away — no setup, no need to already be running another EA or trading manually first. It's a way to confirm everything is wired up correctly before you trust it with real capital.

It is a basic crossover demo, nothing more. It is not optimized, not back-tested for profitability, and not being sold to you as a trading edge. Treat it as a way to exercise the watchdog, not as the reason to buy this EA.

If you don't want Overwatch placing its own trades, a single setting turns the built-in strategy off completely. Overwatch then runs purely as a drawdown watchdog and reporter — it will never open or manage a position of its own, and will only monitor and protect whatever you (or another EA) are doing on that symbol.

If you'd rather replace the demo strategy with your own trading logic entirely, that's supported too — full details are in the buyer's setup guide.


📩 After purchase, send me a private MQL5 message and I'll send you the full Buyer's Setup Guide — covers every input in detail and walks you through swapping in your own strategy.


🔔 You MUST Enable Push Notifications (Important!)

Push alerts and reports are only useful if your phone actually receives them. MetaTrader push notifications are off by default and must be turned on manually — Overwatch cannot enable this for you.

On your phone (MT5 mobile app):

Open the MT5 app → tap Settings (bottom right)

Tap Messages (or Notifications, depending on version)

Find your MetaQuotes ID — it's a long number shown on this screen. Copy it.

On your desktop terminal:

Go to Tools → Options → Notifications

Check "Enable Push Notifications"

Paste your MetaQuotes ID from the phone into the field

Click Test — you should get a push notification on your phone within a few seconds. If you don't, double-check the ID and that the mobile app is logged into the same MetaQuotes account.

Click OK to save

Without this step, Overwatch can still print to your log and pop up on-screen desktop alerts, but you'll get no phone alerts for drawdown warnings, kill-switch triggers, or completed reports.


⚙️ What You Can Configure

Overwatch is fully configurable through its settings panel when you attach it to a chart — no code editing required. You're in control of:

Drawdown limits for daily, weekly, and monthly periods, in either dollars or percentage

Early warning thresholds for each period, so you're notified before a limit is actually hit

Notification behavior — push alerts, desktop alerts, and how often repeat warnings can fire

Kill switch scope — whether it closes only Overwatch's own trades, or everything on the account/symbol

Whether pending orders get cancelled alongside open positions when the kill switch fires

The built-in demo strategy — on/off, plus its moving average periods, lot size, stop loss, and take profit, if you choose to use it

Which reports are generated (weekly/monthly/yearly, independently) and how they're branded — your company name, EA version label, and an optional logo


🔍 Where to Find Your Reports

In your terminal, go to File → Open Data Folder

Open the Common\Files folder (not your regular MQL5\Files — reports save to the shared Common folder so they survive across terminals and accounts)

Inside, you'll find Reports\Weekly, Reports\Monthly, and Reports\Yearly

Each report is an `.html` file — double-click to open in your browser — plus a matching `.csv` for Excel/Sheets

A full audit log of every kill-switch closure lives at Reports\KillSwitch_Enforcement_Log.csv

Overwatch also prints the exact file path and a clickable link to your Experts log every time a report is generated.


🏗️ Two Ways to Use Overwatch

All-around guard, zero setup: Drag and drop onto any chart. The built-in MA demo trades immediately so you can confirm drawdown protection and reporting are working, while you decide on your real strategy.

Pure watchdog: Turn off the built-in demo strategy and attach Overwatch alongside your manual trading or another EA. It will watch, protect, and report — and never place a trade of its own.

Either way: you must enable push notifications yourself using the steps above, or you'll only get protection — not alerts.


⚠️ DISCLAIMER — PLEASE READ BEFORE PURCHASE

Overwatch does not predict the market, generate trading signals, or guarantee profit. It is a risk-management and reporting tool. The built-in MA strategy is a basic demo enabled by default for testing purposes only — it is not a profitable trading system and is not what you are paying for.

The kill switch reduces risk, it does not eliminate it. Execution depends on your broker's connection, slippage, market gaps, and weekend/holiday conditions where no ticks occur. A drawdown can still exceed your set limit before Overwatch is able to close positions, especially during high volatility or a market gap.

Algo Trading must be enabled in your terminal for the kill switch to close anything. If it's disabled, Overwatch can warn you but cannot act.

Push notifications require manual setup (Tools → Options → Notifications + your MetaQuotes ID). Overwatch cannot send phone alerts until you complete this step.

Reports are calculated from your account's trade history and are only as accurate as the data your broker reports (commission/swap reporting varies by broker).

This is not financial advice. Past performance shown in any report is not indicative of future results.

Always test on a demo account first. You are responsible for your own risk settings, limits, and trading decisions.


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It is a fully automated Expert Advisor for MetaTrader 5, built specifically for Gold / XAUUSD trading. Its logic is designed around the dynamic nature of the gold market: fast price movements, sharp reversals, and high volatility. The EA helps automate trading in an environment where reaction speed, discipline, and precise position management are especially important. The system is focused on disciplined trade management, fast reaction to market changes, and controlled exits. Its main idea is si
Logan MT5
Thierry Ouellet
5 (2)
LIMITED TIME OFFER AT 249$ ! Price will soon go up at  499$ once the main live signal reaches 100% of profits or after 50 sales . Logan MT5 isn't your typical Gold Grid EA that blindly opens trade after trade, consuming your margin and putting your capital at unnecessary risk. Instead, it patiently waits for high-probability entry opportunities and uses an intelligent recovery system that combines ATR-based grid spacing with dynamic lot progression . This allows it to withstand adverse market
Wave Rider EA MT5
Adam Hrncir
4.88 (41)
Scalper speed with sniper entries. Built for Gold. Wave Rider 5.0 is out (see  Announcement ) $499 for a limited time  before the regular $599 price kicks in. Check the Live signal  or Manual  or  Broker performance Version 5.0 upgrade notice: Close all Wave Rider positions before updating. Strategy Magic Numbers and several input names changed. Review your settings and save a new preset because older sets or templates may not restore every option. New version runs best on VT Markets, Vantage, B
XG Gold Robot MT5
MQL TOOLS SL
4.26 (111)
The XG Gold Robot MT5 is specially designed for Gold. We decided to include this EA in our offering after extensive testing . XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR pairs. XG Gold Robot has been created for all traders who like to Trade in Gold and includes additional a function that displays weekly Gold levels with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on Price Action, Cycle S
SixtyNine EA
Farzad Saadatinia
5 (3)
SixtyNine EA – A Gold Expert Advisor for MetaTrader 5, featuring 6 integrated strategy layers, predefined Stop Loss on every trade, and a clean trading structure without Martingale, Recovery systems, or Grid trading. Public Live Signal: $500 Start, Fixed 0.02 Lot, 500%+ Growth, 20 Weeks Live The public live signal is the central proof point of SixtyNine EA . The account started with a $500 balance , used a fixed 0.02 lot size per trade , and has been active for more than 20 weeks of live tradin
Quantum Bitcoin EA
Bogdan Ion Puscasu
4.83 (126)
Quantum Bitcoin EA : There is no such thing as impossible, it's only a matter of figuring out how to do it! Step into the future of Bitcoin trading with Quantum Bitcoin EA , the latest masterpiece from one of the top MQL5 sellers. Designed for traders who demand performance, precision, and stability, Quantum Bitcoin redefines what's possible in the volatile world of cryptocurrency. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup i
Gold Neural Core
TICK STACK LTD
5 (1)
Gold Neural Core — Hyper-Scalping Grid System for XAUUSD Learn how I personally manage risk when using grid systems:  https://www.mql5.com/en/blogs/post/767250 Join my open group for questions related to any of my products:  https://www.mql5.com/en/messages/014beab2560cdc01 Read the user guide to any TickStack grid system:  https://www.mql5.com/en/blogs/post/767232 Gold Neural Core is a high-frequency grid trading system engineered specifically for gold (XAUUSD), combining momentum and trend-bas
Impulse MT5
Simon Reeves
5 (13)
Are you ready to power up your Gold trading? Impulse by Starpoint Trading — A six-strategy gold EA that waits for the perfect shot. Launch offer: 30% off until 26th July   — to celebrate the v2.00 release, Impulse is available at a 30% discount. On 16th July the price reverts to $499, so grab it while the offer lasts. Impulse v2.00 is here! The biggest update in Impulse's history has arrived. Version 2.00 takes everything that made Impulse a disciplined, patient Gold trading system and elevates
Pulse Engine
Jimmy Peter Eriksson
3.94 (34)
UPDATE - ONLY A FEW COPIES LEFT AT CURRENT PRICE! The main goal of this system is long-term live performance without using any risky martingale or grid.  VERY LIMITED COPIES AT CURRENT PRICE Final Price $1499 [Live Signal]  |  [Backtest Results]  |  [Setup Guide]  |  [FTMO Results] A Different Approach to Trading Pulse Engine does not use any indicators or specific timeframes. It has a very unique approach that is not used by any other trading system on MQL5. It trades intraday directional patt
Byrdi
William Brandon Autry
5 (19)
BYRDI. Multi-Asset Mesh Trading Intelligence. Most EAs trade one chart at a time. BYRDI runs a network. Every terminal becomes a node. Each node runs on its own MT5 terminal - its own account, broker, symbol focus, AI model, risk profile, and management style. The mesh connects terminals and brokers into one coordinated system - aware of total exposure, drawdown pressure, and overlapping risk across everything. Forex. Gold. Metals. Indices. Crypto. Oil. One trader. Many markets. One mesh. Start
Chiroptera
Rob Josephus Maria Janssen
4.55 (47)
Prop Firm Ready! Chiroptera is a non-martingale, non-grid, multi-currency Expert Advisor that operates in the quiet hours of the night. It uses single-placed trades (of all 28 pairs!) with tactically placed Take Profits and Stop Losses, that are continuously adjusted to maximize gains and minimize losses. It keeps track of past and upcoming news reports to ensure impacts are minimized and carefully measures real-time volatility to prevent impacts due to unpredictable geo-political disturbances c
Quantum Emperor MT5
Bogdan Ion Puscasu
4.86 (507)
Introducing   Quantum Emperor EA , the groundbreaking MQL5 expert advisor that's transforming the way you trade the prestigious GBPUSD pair! Developed by a team of experienced traders with trading experience of over 13 years. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions. ***Buy Quantum Emperor EA and you could get Quantum StarMan for free !*** Ask in private for more details Verified Signal:   Click Here MT4 Version
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