Alpha Silver Cross EA

Overview
Alpha Silver Cross V2.0 is an Expert Advisor for MetaTrader 4 that trades a moving-average crossover with an ATR-based volatility confirmation.
It is designed to run on the chart where it is attached and evaluates signals on new bars.
The EA supports configurable Stop Loss and Take Profit, plus optional indicator-based exits.
Built-in protections include spread and exposure limits, daily limits, and account-level equity protections.
An optional news filter can suspend new entries around scheduled events when enabled.

What the EA Does
The EA checks a fast/slow Simple Moving Average crossover to define trade direction.
Before opening a trade, it confirms market activity using an ATR condition.
If protections allow, it opens a BUY or SELL using the configured fixed lot size.
Positions can be managed by fixed SL/TP and, if enabled, additional exit rules (DeMarker and Standard Deviation).
The EA is designed to manage one active position per symbol and Magic Number.
A status panel can display key information and protection states for monitoring.

Key Features

  • SMA crossover entries with ATR volatility confirmation

  • Fixed SL/TP placement, with ECN-style fallback if required by broker rules

  • Optional indicator-based exits using DeMarker and Standard Deviation conditions

  • Entry protections: spread filter, max positions, max total lots

  • Daily protections: max daily loss and daily drawdown with reset hour

  • Account protections: min/max equity and max equity drawdown percent

  • Optional news filter with currencies, impact level, and time buffers

  • On-chart panels for position info and EA status

Risk Management & Safety Notes
Trading involves risk, and losses are possible. This EA does not guarantee results and is not financial advice.
Execution conditions such as spread, slippage, swaps, gaps, and broker stop levels can affect entries and exits.
SL/TP distances should be validated for your broker’s symbol specification (digits, contract size, minimum stop distance).
Daily and account protections can suspend new entries and may close positions when triggered, depending on settings.
If the news filter is enabled, the terminal must allow WebRequest as required by the EA, otherwise news data may not load.
Always test in Strategy Tester (historical simulation) and then on a demo account before using a live account.
Use conservative position sizing and define your own account-level loss limits.

Inputs
Trading

  • Magic_Number: trade identifier for this EA instance

  • Entry_Amount: fixed lot size

  • Stop_Loss (pips): 0 disables SL

  • Take_Profit (pips): 0 disables TP

Indicators & Signals

  • Fast/Slow MA periods: Ind0Param0 / Ind0Param1

  • ATR period: Ind1Param0

  • DeMarker period & level: Ind2Param0 / Ind2Param1

  • StdDev period & level: Ind3Param0 / Ind3Param1

Protections

  • Max_Spread (points): 0 disables spread filter

  • Max_OpenPos / Max_OpenLots: 0 disables each limit

  • Daily: MaxDailyLoss / Max_Daily_DD / Daily_Reset

  • Account: Min_Equity / Max_Equity / MaxEquity_DD

News Filter

  • News_Priority: Disabled / High only / High and Medium

  • News_Currencies: comma-separated list (example: "USD,EUR")

  • Buffers: News_BeforeHigh/AfterHigh and News_BeforeMedium/AfterMedium

  • News_ViewCount: upcoming events shown on chart

Display

  • Pos_Stat: show position information on chart

  • Robot_Stats: show EA status/statistics on chart

Setup

  1. Copy the EA file to MQL4/Experts and restart MT4 (or refresh the Navigator).

  2. Open the intended symbol chart (commonly used: XAGUSD) and set the timeframe (commonly used: M15).

  3. Attach the EA to the chart, enable AutoTrading, and allow live trading in the EA settings.

  4. Set Magic_Number if you run multiple EAs or multiple instances.

  5. Configure Entry_Amount, Stop_Loss, Take_Profit, and exit logic inputs as needed.

  6. Configure protections (spread, exposure, daily, account) to match your risk limits.

  7. If using the news filter, enable WebRequest permission in terminal options (the EA reports status in Journal/on-chart messages).

Recommended Evaluation
Use Strategy Tester as a historical simulation to confirm order placement, SL/TP behavior, and exit timing on bar open/close.
Test with realistic trading costs (spread/commission) similar to your broker environment.
Forward-test on a demo account to observe execution effects such as slippage, spread changes, and stop-level constraints.
Verify that protections trigger as expected (spread blocking, daily limits, equity protections).
If enabling the news filter, confirm that upcoming events appear on a live chart (Strategy Tester does not download news).
Evaluate across more than one market phase, including both quiet and volatile periods.

Compatibility
Platform: MetaTrader 4 (MT4).
Symbol: intended for XAGUSD (Silver); broker suffixes may apply (for example, XAGUSDm).
Timeframe: commonly used on M15; other timeframes require your own re-evaluation of inputs.
Account type: works on MT4 accounts that allow EAs; broker trading conditions apply.
News filter requires an active internet connection and WebRequest permission.

FAQ
Q: Does the EA open multiple positions?
A: It is designed to manage one active position per symbol and Magic Number.

Q: Does it use martingale, grid, or averaging?
A: No. It uses single entries based on signals and manages trades with SL/TP and exit conditions.

Q: Why was an entry blocked?
A: Spread limits, max positions/lots, daily/account protections, or the news filter can block new entries. Check the on-chart status and Journal messages.

Q: Do I need to enable anything for the news filter?
A: Yes. When News_Priority is enabled, WebRequest permission must be allowed as required by the EA.

Q: Can I change SL/TP and indicator settings?
A: Yes. These are inputs. Re-test after changes to confirm behavior on your broker.

Q: Where can I get support?
A: Support is provided via MQL5 comments or MQL5 messages only.

Changelog
2.0 (2025-12-21): Base code update; current indicator, protection, and news-filter configuration for this version.
Earlier versions: see the Market “Versions” tab.





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Profalgo Limited
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Lancer la promo ! Plus que quelques exemplaires à 449$! Prochain prix : 599$ Prix ​​final : 999$ Obtenez 1 EA gratuitement (pour 2 comptes commerciaux) -> contactez-moi après l'achat Ultimate Combo Deal   ->   click here New live signal:   https://www.mql5.com/en/signals/2084890 Live Signal high risk :  https://www.mql5.com/en/signals/2242498 Live Signal Set Prop Firm Set JOIN PUBLIC GROUP:   Click here Parameter overview Gold Trade Pro rejoint le club des EA de Gold trading, mais avec une
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Daniel Moraes Da Silva
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Mountain Gold
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Lachezar Krastev
5 (18)
BUY 1 and GET 1 FREE - Promotion! Buy Infinity Trader EA with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $217 (Regular Price: $547 — You Save $330!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Infinity Trader EA Live Results:  https://www.mql5.com/en/signals/2290275 Infinity Trader EA seamlessly integrates the strengths of Chat GPT and Gemini AI, providing unparalleled market insights and in-depth funda
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Manpreet Singh
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Overview Aegis Vortex US30 EA is an automated Expert Advisor for MetaTrader 5 designed for US30-type index symbols (broker naming may vary, e.g., US30/DJ30/USA30). It is intended for M5 charts and uses a rule-based approach that targets mean-reversion behavior near volatility extremes. Entries are placed using pending stop orders and are filtered by regime/confirmation conditions to reduce activity when criteria are not aligned. The EA includes fixed SL/TP and an ATR-based staged trailing option
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Overview German Index Thrust EA is an automated Expert Advisor for MetaTrader 4 designed for GER40 / DAX-type symbols on the M5 timeframe. It uses a rule-based intraday approach anchored to the daily open and places pending stop orders when conditions align. Directional bias is derived from a DeMarker cross, and entry distance adapts to volatility using Bollinger Band Width. The EA is designed for one position per signal, with no grid-style layering and no martingale logic. What the EA Does At t
Overview Alpha Gold Minute is an Expert Advisor designed for XAUUSD (Gold) on the M1 timeframe. It combines a structured entry layer (momentum/confirmation filters and time controls) with position-building logic that can add orders at configured distances. The EA includes minimum-distance checks between orders, optional indicator confirmations, and day/time filters. It supports symbol suffix handling and ECN-style order flow (send order first, then modify SL/TP if required by the broker). Tradin
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Overview Alpha News Shield is an MT4 indicator designed to help you plan and reduce trading activity around scheduled economic events. It displays upcoming events on the chart (panel, countdown, and optional vertical lines) and can control terminal-wide protection using global variables. When the protection window is active, the indicator can set a “trading allowed” flag that other Expert Advisors can read before sending new orders. Optional auto-close rules can close positions before selected e
Overview Alpha Swing Reversal Signals is an MT4 indicator that marks potential swing reversal candles with arrows. Signals are evaluated on closed candles using candle structure (wick-to-range), swing high/low detection, and an ATR-based volatility filter. An optional EMA trend filter can be enabled to align signals with a broader directional bias. Optional alerts can notify you when a new signal is confirmed on the last closed candle. What the Indicator Does The indicator scans historical and
Overview The 2 to 10 Algorithm is an automated Expert Advisor for MetaTrader 4 designed for EURUSD on the M1 timeframe. It evaluates signals on closed candles and uses a combination of EMA trend direction, RSI extremes, and an ATR volatility condition. Entries are placed as pending limit orders with a short validity window to reduce late fills. The EA includes a spread filter, optional time controls, and optional money management (including a martingale-style mode). What the EA Does It checks t
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Andreas Smigadis
Overview BTC Predator is an Expert Advisor for MetaTrader 4 designed for BTCUSD-type symbols. It operates on new bars and uses an RSI level-cross for entries with a candlestick pin-bar condition for exits. The EA includes configurable Stop Loss and Take Profit, plus optional entry/daily/account protections. A built-in News Filter can pause trading around selected events when enabled and configured. The presentation and formatting are kept aligned with Market description recommendations. What the
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Andreas Smigadis
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Andreas Smigadis
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