KhaibarEA
- Experts
-
Jony Islam
I am Jony Islam, Founder and MQL5 EA Developer at ALGOEA, specializing in automated trading systems for MetaTrader 5.
My work focuses on algorithmic trading, Expert Advisor development, Gold (XAUUSD), Forex, systematic trade execution, and risk management. - Version: 7.4
- Activations: 10
Overview
KhaibarEA v7.4 is a professional automated trading system designed to identify high-probability market opportunities using a powerful Multi-Timeframe Direction Confluence Strategy.
Unlike conventional trading robots that rely on a single timeframe, KhaibarEA analyzes market direction across multiple timeframes simultaneously and executes trades only when all selected timeframes align in the same direction. This approach helps filter market noise, reduce false entries, and improve overall trade quality.
The EA is equipped with advanced risk management, profit protection tools, economic news filtering, session controls, prop-firm protection, and a real-time dashboard, making it suitable for both retail traders and professional prop-firm traders.
Core StrategyKhaibarEA uses a Multi-Timeframe Bar Direction Confluence System.
The EA evaluates the direction of the most recently closed candle on each enabled timeframe.
Buy Conditions
A BUY trade is generated when all enabled timeframes close bullish.
Sell Conditions
A SELL trade is generated when all enabled timeframes close bearish.
No Trade Conditions
If any enabled timeframe disagrees with the others, no trade is opened.
This simple yet powerful confirmation process helps the EA participate only in stronger market movements while avoiding many low-quality setups.
Main FeaturesMulti-Timeframe Confluence Analysis
Analyze up to three independent timeframes simultaneously.
Default configuration:
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TF1: Daily (D1)
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TF2: H4
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TF3: M30
Benefits:
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Stronger trend confirmation
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Reduced false signals
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Improved trade quality
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Better market direction filtering
Advanced Profit Protection
Protect open profits automatically using dollar-based management tools.
Break-Even System
Once a trade reaches a specified profit level:
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Stop Loss moves to the entry price
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Additional profit can be locked automatically
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Capital protection is increased
Dynamic Trailing Stop
As profits continue to grow:
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Stop Loss follows price movement
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Profits are continuously protected
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Winning trades can run longer
Built-in safety buffers and validation checks help prevent invalid stop modifications and broker execution errors.
Prop Firm Protection Mode
Designed specifically for proprietary trading firm challenges and funded accounts.
Features include:
Daily Loss Protection
If the daily loss limit is reached:
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All open trades can be closed
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New trading is stopped until the next trading day
Daily Profit Target
When the daily target is achieved:
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Open positions can be closed
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Trading pauses automatically
Risk-Based Position Sizing
Lot size can be calculated automatically using:
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Account balance
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Risk percentage
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Stop Loss distance
This ensures consistent risk management across all trades.
Trading Hours Control
Restrict trading to specific hours according to server time.
Economic News Filter
Avoid trading during potentially dangerous market conditions.
The EA can automatically pause trading before and after important economic announcements.
Supported filters:
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High Impact News
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Moderate Impact News
Benefits:
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Reduced slippage
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Reduced volatility exposure
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Better risk control during major events
The economic calendar is obtained directly from the MQL5 Calendar service.
Market Session Filters
Trade only during your preferred market sessions.
Supported sessions:
London Session
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Adjustable start time
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Adjustable end time
New York Session
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Adjustable start time
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Adjustable end time
The EA automatically compensates for broker GMT offset whenever possible.
Spread Protection
KhaibarEA continuously monitors spread conditions.
When spread exceeds the maximum allowed value:
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New trades are blocked
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Risky entries are avoided
This feature is especially useful during:
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News releases
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Market rollovers
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Low liquidity periods
Margin Safety Verification
Before opening any position, the EA checks:
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Free Margin
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Margin Requirements
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Available Trading Capital
This helps prevent:
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Order rejection
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Insufficient margin errors
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Over-leveraging
Smart Order Validation
KhaibarEA uses advanced validation before modifying or placing orders.
The EA verifies:
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Stop Loss levels
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Take Profit levels
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Broker stop distance requirements
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Order modification permissions
This helps avoid common errors such as:
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Invalid Stops
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Close To Market
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Invalid Price
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Trade Modification Rejection
Real-Time Trading Dashboard
A modern on-chart dashboard provides live monitoring of EA activity.
Displayed information includes:
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Current spread
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Active positions
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Daily profit/loss
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Open trade statistics
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Trading status
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Risk settings
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Session information
The dashboard updates in real time for improved trade management and transparency.
Professional Chart Watermark
KhaibarEA includes a stylish chart watermark displaying:
KHAIBAR EA
This provides a professional appearance while clearly identifying the EA running on the chart.
Hedging and Netting Compatibility
The EA automatically detects the account type and adapts accordingly.
Hedging Accounts
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Multiple positions supported
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Maximum trade limit configurable
Netting Accounts
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One position per symbol
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Fully compatible with exchange-style accounts
No manual configuration is required.
Input ParametersStrategy & Timeframes
| Parameter | Description |
|---|---|
| Use_TF1 | Enable or disable Timeframe 1 |
| Confirmation_TF1 | Timeframe 1 selection |
| Use_TF2 | Enable or disable Timeframe 2 |
| Confirmation_TF2 | Timeframe 2 selection |
| Use_TF3 | Enable or disable Timeframe 3 |
| Confirmation_TF3 | Timeframe 3 selection |
Risk & Money Management
| Parameter | Description |
|---|---|
| Magic_Number | Unique trade identifier |
| Algo_MaxTrades | Maximum simultaneous trades |
| Algo_LotSize | Fixed lot size |
| Algo_StopLoss | Stop Loss in points |
| Algo_TakeProfit | Take Profit in points |
| Max_Spread_Points | Maximum allowed spread |
| Trade_Slippage | Maximum slippage |
Profit Protection
| Parameter | Description |
|---|---|
| Use_BreakEven | Enable Break-Even |
| BE_Trigger_USD | Break-Even activation profit |
| BE_Lock_USD | Profit amount to secure |
| Use_Trailing | Enable Trailing Stop |
| Trailing_Start_USD | Trailing activation profit |
| Trailing_Step_USD | Trailing distance |
News Filter
| Parameter | Description |
|---|---|
| Use_NewsFilter | Enable News Filter |
| News_Before_Minutes | Minutes before news |
| News_After_Minutes | Minutes after news |
| Filter_High_Impact | High-impact events |
| Filter_Moderate_Impact | Moderate-impact events |
Session Filters
| Parameter | Description |
|---|---|
| Use_LondonSession | Enable London session |
| London_Start_Hour | London session start |
| London_End_Hour | London session end |
| Use_NewYorkSession | Enable New York session |
| NY_Start_Hour | New York session start |
| NY_End_Hour | New York session end |
Prop Firm Controls
| Parameter | Description |
|---|---|
| Prop_Enable | Enable Prop Mode |
| Prop_DailyLossLimit | Daily loss limit |
| Prop_DailyProfitTarget | Daily profit target |
| Prop_TradeRiskPercent | Risk per trade |
| Use_Time_Filter | Trading hours filter |
| Start_Trade_Hour | Start trading hour |
| End_Trade_Hour | End trading hour |
Recommended Markets
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XAUUSD (Gold)
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Major Forex Pairs
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Selected Indices
Recommended Conditions
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Stable broker execution
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Low spreads
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VPS hosting for 24/7 operation
Recommended Timeframes
Default:
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D1
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H4
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M30
These settings provide strong trend confirmation while maintaining sufficient trading opportunities.
Important NotesTimeframe Requirement
At least one timeframe must remain enabled.
Stop Loss & Take Profit
Both values must be greater than zero for proper operation.
Economic Calendar
News filtering depends on MQL5 Calendar availability and may have limitations during strategy testing or optimization.
Account Compatibility
Supports both:
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Hedging Accounts
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Netting Accounts
Dashboard Updates
The dashboard refreshes automatically for near real-time monitoring.
Daily Reset
Prop-firm protection statistics reset automatically at the beginning of each new trading day.
Why Choose KhaibarEA?✓ Multi-Timeframe Trend Confirmation
✓ Advanced Profit Protection
✓ Built-In Prop Firm Controls
✓ Economic News Filtering
✓ Session-Based Trading
✓ Dynamic Risk Management
✓ Spread & Margin Protection
✓ Real-Time Dashboard
✓ Hedging & Netting Support
✓ Professional Trade Execution Logic
Copyright
© 2026 Jony Islam
All Rights Reserved.
