Kyora MT5
- Experts
-
Mauro Augello
Hello, I’m Mauro — an algorithmic trader and MetaTrader 5 EA developer.
I’ve been involved in trading for several years, focusing on the automation of well-structured and carefully tested strategies.
- Version: 1.0
- Activations: 15
Kyora is a breakout Expert Advisor designed for USDJPY. It combines multiple built-in trading strategies in a single EA, with two selectable setups, independent BUY and SELL lot sizing, and optional protection and economic-news filters. All strategies operate from one USDJPY chart.
Kyora uses Buy Stop and Sell Stop pending orders to enter the market at strategy-defined breakout levels. Each order includes its own Stop Loss and Take Profit, with strategy-specific break-even and trailing-stop management. Kyora does not use grid averaging or martingale lot progression.
Live Performance Signal: Soon
Key Features
- Two built-in setups: Balanced activates a selected combination of strategies, while Ultimate enables the complete strategy set.
- Selectable trading direction: BUY only, SELL only, or both directions.
- Fixed lots or automatic balance-based lot sizing, with independent BUY and SELL values, selectable Auto Lot profiles and custom sizing references.
- Individual Stop Loss and Take Profit levels, supported by automated position management.
- Configurable spread filtering and internal margin checks before new orders are submitted.
- Optional daily loss, total cycle loss and cycle profit target limits, measured in account currency.
- Separate account-equity emergency stop: monitors total account equity and acts only on Kyora's positions and pending orders.
- Optional economic-news and dedicated Nonfarm Payrolls filters, with configurable pause windows and position-closing or pending-order cancellation settings.
- Responsive dashboard showing the active setup, operating status, exposure, floating and realized results, and protection settings.
- Integrated Pause, Resume and Close all controls. Close all requests closure of Kyora's positions and cancellation of its pending orders.
- Recognition of existing positions and pending orders after a terminal restart or EA reattachment, when using the same trading symbol and Magic Number configuration.
News and NFP filters use the MT5 economic calendar during connected live or demo operation.
Risk Management
Kyora allows you to configure order volume separately for BUY and SELL trades. Optional monetary protections can stop new entries and request closure of Kyora's exposure when a configured limit is reached. These protections and the news filters are disabled by default and must be enabled according to your preferred configuration.
Fixed Lot and Auto Lot settings define the volume of individual orders, not the maximum combined exposure of the EA. Several strategies may hold positions at the same time, so total exposure can exceed the volume of a single trade.
Conservative sizing, sufficient free margin and reliable execution are therefore essential. Stop orders and protective closing actions remain subject to market conditions and broker execution.
Live performance may differ because of spreads, slippage, liquidity, commissions, swaps and broker execution conditions.
Development Approach
Kyora is built around a focused USDJPY breakout framework, with predefined entry conditions and strategy-specific trade management.
Its structure separates strategy selection, lot sizing and optional protections. Balanced and Ultimate determine which strategies are active, while BUY and SELL sizing remains under your control. This provides a consistent trading framework with configurable exposure.
Recommended Configuration
- Attach Kyora to: your broker's USDJPY symbol, including its normal prefix or suffix.
- Recommended chart timeframe: H1.
- Account type: MT5 Hedging account.
- Use one active Kyora instance for the same symbol and Magic Number configuration.
- Choose the deposit and lot size according to the selected setup, potential combined exposure and broker margin requirements.
- Low spreads and stable execution are recommended.
- A stable VPS is strongly recommended for uninterrupted operation and ongoing trade management.
- No external indicators are required.
Why Choose Kyora?
Kyora is designed for traders seeking dedicated USDJPY breakout trading with configurable exposure and a centralized operating interface. It offers a Forex alternative for traders looking to diversify.
Its two setups, independent directional sizing and integrated management controls let you configure strategy participation and order volume while monitoring trading activity from a single chart.
Disclaimer
Trading leveraged Forex products involves substantial risk.
Kyora does not guarantee profits, and past performance does not guarantee future results.
Always use an exposure level appropriate for your financial situation.
