Indi Trader

Indicator Trader EA
v1.0 for MetaTrader 5

Universal EA that bridges any custom indicator's signals to automated trading

XAUUSD · Major Forex Pairs · Crypto | All Timeframes M1 ~ D1

📌 Overview
Indicator Trader EA is a universal Expert Advisor that automatically executes buy and sell orders based on signal buffers from any custom indicator.

With a single EA, you can connect any commercial indicator (SuperScalp Pro, Trend 7Filter Pro, etc.) directly — no extra coding required. Simply configure the buffer indices and you have a fully automated trading system.

✨ Key Features
Dual load modes: Direct Load (Mode A) / Chart Instance Auto-Detect (Mode B)
Indicator buffer-based SL/TP automatic configuration
ATR-based dynamic TP/SL and trailing stop
Dollar-based group P&L close (Group TP/SL)
Automatic position flip on opposite signal
Duplicate order prevention per bar (OncePerBar)
Maximum position limit (MaxPositions)
Real-time Alert notifications
Debug mode for live signal buffer inspection

🎯 Who Is This For?
Traders who want to automate signals from commercial indicators
Developers who want to add auto-order functionality to custom indicators
Compatible with any symbol: XAUUSD, forex pairs, crypto, and more

⚙️ How It Works
On every tick, the EA reads the indicator's signal buffers and detects valid signals (any value other than 0 or EMPTY_VALUE).

Signal Detection Logic
bar[1] confirmed signal: processed at the start of each new candle — most reliable
bar[0] real-time signal: processed as the current bar forms — faster reaction
Duplicate prevention: when OncePerBar=true, only one order per direction per candle

Order Execution Flow
Signal detected → Check CloseOnOppositeSignal → Close opposite positions
→ Verify CanOpenBuy/Sell() conditions → Execute OpenOrder()
→ Set SL/TP (indicator buffer OR ATR OR dollar-based)
→ Every tick: Group P&L monitoring when UseGroupClose=true

📖 How to Use
Mode A — Direct Load (Recommended)
The EA loads the indicator automatically — no need to add it to the chart separately.

IndicatorName = "Market\SuperScalp Pro"   ← MQL5 Market product
IndicatorName = "Trend 7Filter Pro"        ← File in Indicators folder
IndicatorName = "MyFolder\MyIndicator"     ← Subfolder path

Mode B — Chart Instance Auto-Detect
Apply the indicator to the chart first, then attach the EA. It will automatically detect the running indicator instance.

IndicatorName = ""   ← Leave blank

Recommended when only one indicator is applied to the chart
Use when you need to apply custom parameters to the indicator

How to Find Buffer Indices
You need to identify the buy/sell signal buffer indices of your target indicator.
Set DebugMode = true and attach the EA
Check the MetaTrader Journal tab for buffer values
Refer to SetIndexBuffer() order in the indicator's source code

🔧 Input Parameters
Basic Settings
Parameter Default Description
EA_Comment SSP Comment label for orders
MagicNumber 991 Unique EA identifier (prevents conflicts with other EAs)
LotSize 0.01 Default lot size per order
Slippage 3 Maximum allowed slippage (in points)

Indicator Settings
Parameter Default Description
IndicatorName Trend 7Filter Pro Indicator filename (blank = chart auto-detect)
BuyBuffer 0 Buy signal buffer index
SellBuffer 1 Sell signal buffer index
UseIndicatorTPSL false true: use SL/TP values from indicator buffers
BuySLBuffer 4 Buy SL buffer index
BuyTPBuffer 6 Buy TP buffer index
SellSLBuffer 5 Sell SL buffer index
SellTPBuffer 7 Sell TP buffer index

Position Management
Parameter Default Description
CloseOnOppositeSignal true Close opposite positions before opening new order on signal flip
AllowOppositeOrder true Allow simultaneous opposite positions (when CloseOnOppositeSignal=false)
MaxPositions 1 Maximum number of simultaneous open positions
OncePerBar true Allow only one order per direction per bar
UseGroupClose true Group close mode: dollar TP/SL + trailing stop

TP / SL Settings
Parameter Default Description
UseTP false Enable dollar-based take profit
TP_Dollar 8.0 Take profit target in USD
UseSL false Enable dollar-based stop loss
SL_Dollar 3.0 Stop loss limit in USD
UseATR true Enable ATR-based dynamic TP/SL
ATR_Period_EA 14 ATR calculation period
ATR_TP_Multi 5.0 ATR TP multiplier
ATR_SL_Multi 1.0 ATR SL multiplier

Trailing Stop
Parameter Default Description
UseTrailing true Enable dollar-based trailing stop (requires UseGroupClose=true)
Trail_Start 27.0 Profit level to activate trailing ($)
Trail_Stop 3.0 Trailing stop drawdown threshold ($)
UseATRTrailing false Enable ATR-based trailing stop
ATR_Trail_Multi 2.0 ATR trailing multiplier

Other
Parameter Default Description
UseAlert false Show popup alert on order open/close
DebugMode false Print signal buffer values and debug info to Journal

⚠️ Important Notes
Always verify your indicator's signal buffer indices and set BuyBuffer/SellBuffer correctly.
When UseGroupClose=false, only server-side SL/TP per order is active — trailing stop is disabled.
In Mode B, the indicator must be applied to the chart before attaching the EA.
Always test thoroughly on a demo account before live trading.
Past performance does not guarantee future results.

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