WhteBearX2B

1. About WhiteBearX2B-mt5

⚠ IMPORTANT – Time Window for New Entry Evaluation

This EA is designed to evaluate new entries only between 0:01 and 0:50 trading server time each day (it is normal for the EA to remain waiting outside this window). Exit evaluation for existing positions is performed continuously, regardless of this time window. In addition, at 5:00 trading server time, all open positions are automatically force-closed. Please note that trading server time varies by broker.

Features

• Monitors and trades 12 currency pairs simultaneously from a single chart
• Layered structure: three independent internal logics (Magic1–3) each decide on entries separately
• A chart panel lets you check operating status and position counts in real time

Supported currency pairs (default: all 12)

AUDCAD, AUDJPY, AUDUSD, CADJPY, EURAUD, EURCAD, EURGBP, EURJPY, EURUSD, GBPAUD, GBPCAD, GBPUSD

Recommended Setup

⚠ IMPORTANT – Before You Start

You must add ALL trading pairs to Market Watch before attaching the EA. Pairs missing from Market Watch will not be traded, and the EA may not work correctly.

２. Setup

1. Add all trading pairs to Market Watch (required). Right-click Market Watch → Symbols → select every pair → Show.
2. Attach to a EURUSD chart (any timeframe; the EA always trades on M5 internally).
3. Enable Algo Trading.
4. Check that the chart panel shows all pairs as active.

3. Basic Settings

The main items on the settings screen (Inputs) are listed below. Unless you have a specific reason, we recommend using the default values.

• Trade Symbols: Currency pairs to trade (comma-separated)

• Symbol Suffix: Your broker's symbol suffix (e.g., ".pro", "m"; leave blank if none)

• Magic1 / Magic2 / Magic3: Numbers that identify the EA's three internal logics. They normally do not need to be changed.

• MM: Money management method (true = automatic calculation from balance, etc. / false = fixed lot)

• Calc: Calculation basis when MM = true (Balance = account balance / Free Margin = free margin)

• Risk: Risk rate (%) when MM = true
  The lot size is calculated automatically so that the loss, based on the calculation basis amount and the stop-loss value, equals roughly this percentage of your funds. This applies to each individual position.

• Lot: Fixed lot size used when MM = false

• TakeProfit: Take-profit distance (pips)

• StopLoss: Stop-loss distance (pips)

• MaximumSpread: If the spread exceeds this value, new entries are skipped (pips)

• Slippage: Allowed slippage (pips)

• MaxTotalPositions: Maximum number of positions that can be held at the same time across all currency pairs.
  Set MaxTotalPositions within the range of 1 to 36 (3 logics × 12 currency pairs). If you specify a value below 1, the EA will not start.

4. Important Notes on Backtesting

Because this EA is designed to monitor 12 currency pairs simultaneously, if you run the Strategy Tester right after changing parameters, only the single symbol specified on the settings screen may be traded. This is a specification of MT5 itself and not a defect in the EA.

Workaround

1. Change the parameters on the Strategy Tester settings screen.
2. Close MT5 completely.
3. Restart MT5.
4. Run the backtest again.

In addition, for an accurate backtest, you need to prepare historical data up to the same date for all 12 symbols.

Guide to downloading historical data and setting the test period

1. Prepare the charts: Open "Market Watch" (Ctrl + M), right-click, and select "Show All". Open a chart window for each of the 12 target currency pairs and set the timeframe to 1 minute (M1).
2. Download historical data: Switch to each chart tab and press the HOME key repeatedly to download past data from your broker's server. To raise the limit, adjust "Max bars in chart" under "Tools" → "Options" → "Charts".
3. Align the historical data: Check the earliest available date on each of the 12 charts. If even one pair has a shorter history, that symbol will be unable to trade in the earlier part of the period, so align the start date across all pairs.
4. Configure the Strategy Tester: Set the backtest start date to the latest available start date among the 12 pairs, or later. For the model, select "Every tick based on real ticks", and make sure the final test quality is 90% or higher.