Argos gold
- Experts
- Version: 1.20
- Activations: 5
🔥 ARGOS LIQUIDITY SWEEP EA V1.00 🔥
MT5 Expert Advisor: Trading based on Liquidity Sweeps
An EA for MetaTrader 5 designed to wait for a "stop sweep" before entering a trade upon price reversal. Every order includes SL/TP, and lot sizes are automatically calculated based on risk.
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⭐ Why choose this EA?
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✅ Not Martingale, Not Grid
No lot doubling or averaging down; opens one order at a time.
✅ SL on every order
Know the risk of the trade before entering.
✅ Automatic lot calculation
Set risk as a % per trade (default 1%); the EA calculates the lot size based on Equity and SL distance.
✅ TP 5R
Profit target per trade = 5x the risk (adjustable).
✅ Automatic stop at loss limits
Daily 3% / Total 10% (adjustable).
✅ Selectable trading direction
BUY only / SELL only / Both directions.
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📊 How the EA enters trades
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BUY Side
1️⃣ Identify Swing Low
2️⃣ Price drops to sweep the previous Swing Low
3️⃣ A new Swing Low forms
4️⃣ Price breaks the previous Swing High → Enter BUY
SL = New Swing Low
TP = 5R
SELL side operates in reverse.
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🛡️ Portfolio protection system ━━━━━━━━━━━━━━━━━━
- Daily DD 3%
Closes EA orders and halts trading until the start of the new day (Broker time).
- Overall DD 10%
Closes EA orders and locks the system; remains locked until the user manually unlocks it using the DD Reset Code.
- Limits can be set as a percentage or a specific monetary amount.
- The lock status is retained even after restarting MT5.
- Checks market time, stop distance, and margin requirements before sending orders.
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⚙️ Default Settings
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Timeframe : M1
Swing : 5 / 5
Risk per Trade: 1%
Take Profit : 5R
Daily DD : 3%
Overall DD : 10%
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🚀 How to Use
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1️⃣ Place the EA file in the MQL5 > Experts folder, then restart MT5.
2️⃣ Open the desired trading chart and drag the EA onto it.
3️⃣ Enable the "Algo Trading" button.
4️⃣ Adjust Risk % and DD settings as desired, or use the default values.
5️⃣ Let the EA run; using a VPS is recommended for continuous operation.
📌 If the capital is too low—causing the broker's minimum lot size to exceed the set risk limit—the EA will skip that trade rather than forcing it open.
📌 DD is calculated based on the account's total equity; using one EA per account is recommended.
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⚠️ IMPORTANT
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This product is an automated trading tool; there is no guarantee of profit.
The DD system is a risk management aid, not a broker guarantee. In markets with significant price gaps (slippage), actual losses may exceed the set limits.
Testing on a demo account before using real funds is recommended. Investing involves risk.
