LemonSqwzr
- Experts
- Version: 1.40
- Activations: 5
LemonSqwzr is a no-nonsense MT4 Expert Advisor built for breakout-driven trend following with risk discipline first. It hunts clean directional moves, adds smartly, and protects profit without over-engineering your chart.
What it does (in plain English)
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Finds breakouts, rides trends. Uses Donchian channels (e.g., 34/14 or 55/20) to identify fresh momentum and exit on a reverse breakout.
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Filters the noise. Trades only when market efficiency is reasonable: ATR-to-Spread must pass your threshold (default ~7–8). If trading is inefficient, it stands down.
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Adds with intent (pyramiding). As price moves your way, LemonSqwzr adds units at ATR-based steps—up to your max units and risk cap.
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Knows when to trail (optional). Adaptive ATR trailing can be switched on/off. When on, it:
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Waits for profit ≥ max(Trigger_ATR×ATR, MinPips) ,
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Then trails by max(Follow_ATR×ATR, MinPips) ,
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Always respects broker stop-levels and moves to break-even first.
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Manages risk like an adult. Each trade sizes lots from percent risk and a catastrophic SL at ATR × K —so your downside is defined from second zero.
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Restart-safe by design. If MT4 or your VPS restarts:
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It won’t open new trades immediately (configurable restart entry-lock for X bars).
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Open trades keep their original logic, because LemonSqwzr stores each order’s parameters inside the order comment (persisted per position).
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Basket-friendly. You can keep per-trade SLs or run a single “basket SL” policy (align all positions to one stop) if that fits your style.
Why traders pick LemonSqwzr
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Simple, readable rules. No black boxes. Breakout in, reverse-breakout out. ATR everywhere for scale.
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Trend bias without FOMO. It enters only when volatility vs cost is worth it.
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Multi-asset ready. Comfortable on 20–30 symbols at once—major FX, metals, indices—without flooding your logs.
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Human-proof restarts. Your strategy’s “state” survives reboot; no accidental re-entries just because MT4 blinked.
How it works (under the hood)
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Signal & Entry
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Compute Donchian High/Low over N_Breakout .
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Build pending buy/sell stops with a small ATR buffer to avoid premature tags.
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Skip if ATR/Spread < threshold or your Daily DD stop is hit.
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Risk & Positioning
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Position size from Risk_Percent and the catastrophic SL at ATR × CatastrophicSL_ATR .
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Max open risk (as % equity) prevents overexposure.
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Pyramiding adds at PyramidStep_ATR × ATR spacing, capped by Max_Units .
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Management
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Exit on reverse Donchian ( M_Exit ) at bar close.
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Optional Trailing: BE first, then ATR-relative follow distance; broker stop-level safe.
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Cleanup of stale pendings that drift too far from price.
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State Persistence
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Every order carries its own N/M/ATR/Trailing settings in the comment.
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On restart, each trade is managed by the parameters it was born with.
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Recommended timeframes (straight talk)
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H4 (sweet spot): Balanced signals, lower noise.
Start with: N=34–40 , M=14–20 , ATR_Period=20 , MinEff=6–8 . -
D1 (patient money): Fewer, cleaner swings; loosen daily DD or disable it.
Try: N=20–30 , M=10–14 , MinEff≈5 . -
H1 (busier desk): Works on majors; keep ATR/Spread filter strict.
Default: N=55 , M=20 .
(Pro tip: Metals/indices can go M30 with N≈34 , M≈14–20 if you want more touch points.)
Key inputs at a glance
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Breakout & Exit: N_Breakout , M_Exit , EntryBuffer_ATR
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Risk: Risk_Percent , CatastrophicSL_ATR , Max_OpenRisk_Percent
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Pyramiding: Max_Units , PyramidStep_ATR
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Efficiency Gate: Min_Eff_ATR_to_Spread
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Trailing (optional): Use_Trailing , Trail_Trigger_ATR , Trail_Trigger_MinPips , Trail_Follow_ATR , Trail_Follow_MinPips
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Ops: NewBar_Only , Use_DailyDD_Stop , DailyDD_StopPercent , Restart_EntryLock_Bars
Deployment (2 minutes)
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Attach LemonSqwzr to your chart(s).
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Load a preset for H4/H1/D1 (or use defaults).
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Set risk ( Risk_Percent ) and efficiency gate.
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(Optional) Enable trailing and tune trigger/follow ratios.
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Let it run—multi-symbol is where it shines.
FAQ (quick)
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Will it overtrade after a reboot?
No. The entry-lock holds new entries for X bars; existing trades keep their own saved parameters. -
Can I stop winners from turning into losers?
Yes—turn on trailing. It goes break-even first, then locks in profit at your ATR-based follow distance. -
What about spread spikes?
If ATR/Spread is poor, it refuses new entries. You can tune the threshold. -
Can I align stops for all positions?
Yes—enable a basket SL policy if you prefer one unified stop.
Ethos & disclaimer
LemonSqwzr is engineered for robust process over prediction: simple signals, consistent risk, disciplined exits.
Trading involves risk. No guarantees of profit. Test on demo, tune to your symbols, then scale with care.
Ready to squeeze?
If you want, I can bundle H4 / D1 / H1 presets and a one-page Quick Start PDF branded with your LemonSqwzr logo, so you can share it with clients or partners.
