Open Trade MT5

A basic entry and position management EA that opens trades on multiple currency pairs at specific times. It includes its own internal trailing stop and take-profit logic, as well as integrated "end-of-day" and "Friday" profit-close features from the other scripts.

Features:
Opens trades on user-defined `PairsSet1` through `Set6` at specific `TradeTime` inputs.
Configurable position sizing (`Lots`), Stop Loss, and Take Profit.
Includes its own `TrailOrders` function that trails both SL and TP based on `ProfitMove` steps.
Embeds the `DayProfitClose` and `ExitOnFriday` modules internally.
Limits total open positions and positions per pair.

Effective Uses:
Time-Based Strategy: Create a simple "opening range breakout" or "session starter" that places a buy and sell at 8:00 AM every day.
Basic Backtesting Template: Test a simple strategy concept (time entry, fixed SL/TP, trailing stop) without complex logic.
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Equity Master Stop v1 MT5
Frank William Jr Colbert
An advanced equity protection and trade management script. It monitors individual trade P&L and closes positions when floating equity targets (profit or loss) are met. It features "skip closing hours" for high volatility, wide spreads, or price instability times . Features: Closes trades at a target profit (`MAX_FLOATING_EQUITY`) or maximum loss (`MAX_FLOATING_LOSS`). Includes a `FORCE_CLOSE_AT_MAX_EQUITY` level that bypasses all exit protection checks. "SKIP_CLOSING_HOURS" input to pause loss
FREE
Close at Friday
Frank William Jr Colbert
A position management utility designed to automatically close all trades and stop further trading on Friday evenings before the market closes for the weekend. This helps traders avoid weekend gap risk. Features: Activates on Friday based on the broker’s server time. User-definable exit time (e.g., 22:00). Can close Buy orders only, Sell orders only, or both. Includes a flag (`tradingStopped`) to prevent new trades after the Friday exit is triggered. Effective Uses: Weekend Gap Protection: Clo
FREE
Equity Master Projector
Frank William Jr Colbert
Project profits with precision. Equity Master Projection is a comprehensive trade management and analytics dashboard that goes beyond simple equity tracking. It analyzes both open positions and historical trades across multiple symbols and magic numbers, applying powerful filters to isolate your best-performing strategies. With unique features like a "Cut Mode" for profit capping and dynamic HTML/CSV reporting with equity curve charts, this tool transforms raw trading data into a clear, actiona
Have patterns that drive your trading success or failure. The Equity Performance Analyzer breaks down your trade history by symbol, day of the week, and hour of entry to identify exactly when your strategies perform best and worst. It ranks every possible trading pattern (e.g., "EURUSD-BUY-Mon-14") by Net Profit, Win Rate, Return/Drawdown, and a Monte Carlo Proxy. More than just an analytics tool, it generates ready-to-use input parameters for your EAs and a crucial "Worst Patterns to Avoid" se
Pair Stability Indicator
Frank William Jr Colbert
Ensure your trading strategy's future performance by trading only on stable, reliable pairs. The Pair Stability Indicator analyzes the velocity and volatility of any symbol to determine if it can support consistent strategy execution. It calculates critical metrics like Pips per Second, Dollars per Pip, and Dollars per Second of movement, scoring each pair from 0-100%. By identifying highly stable instruments (e.g., EURUSD) and flagging unstable ones (e.g., XAGAUD), this indicator acts as a cru
Turn market pullbacks into profitable recovery trades with the PullBack Velocity Indicator. This tool identifies when a currency pair is in a pullback phase and calculates its velocity to project potential recovery profits. By analyzing the depth and duration of a pullback against the pair's current momentum, the indicator provides a clear "Expected Profit" in pips and dollars, along with an estimated recovery time. It actively alerts you to "HIGH POTENTIAL RECOVERY" scenarios, giving you a qua
Speed Trade Master
Frank William Jr Colbert
Speed Trade Master filters your trade history and open positions to find only the fastest, most efficient trades—winners that hit profit targets quickly and losers that are cut short with minimal drawdown. By applying strict filters for Max MAE ($ and time) and Max MFE (time), it isolates "Lightning Trades." The tool then projects future performance and analyzes weekly patterns, providing a free, essential dashboard for any trader looking to optimize for speed and efficiency. Key Features: Tri
Day Trade Close
Frank William Jr Colbert
An advanced profit-taking EA that closes only *profitable* trades at the end of the day (Monday-Friday) and on Friday, while allowing losing trades to continue running or be handled by other logic. Features: Closes profitable trades at a user-defined "ProfitCloseTime". Separate profit thresholds for regular weekdays (`PROFIT_CLOSE_MG`) and Fridays (`PROFIT_CLOSE_FD`). Includes the full "ExitOnFriday" logic to close *all* trades after a specific Friday time. Can filter by Magic Number, only clo
Equity Expiration
Frank William Jr Colbert
A time-based position expiration system that moves trades to a "watch list" after they reach a certain age. It does not close them immediately but waits for them to hit a profit target (or loss target) before exiting. Features: Global and Magic-specific expiration periods (format: HH:MM:SS). Tracks expired trades separately and only closes them when a `MIN_PROFIT_CLOSE` target is met (or loss target if "Close Only Profitable" is false). Includes a manual control and statistics reporting functi
Equity Master Stop v2
Frank William Jr Colbert
Trading tool combining a sophisticated equity stop-loss, dynamic take-profit management (Breakeven & Trailing), and symbol-group-based closing logic. It is a complete risk management and trade supervision tool. Features: All features of `Equity Master Stop v1` (floating profit/loss limits, exit protection, skip hours). Take-Profit Override: Can force a TP on any order to lock in a `MAX_FLOATING_PROFIT`. Step Breakeven: Locks in increasing amounts of profit as a trade moves favorably (e.g., aft
Open Trade EA
Frank William Jr Colbert
A basic entry and position management EA that opens trades on multiple currency pairs at specific times. It includes its own internal trailing stop and take-profit logic, as well as integrated "end-of-day" and "Friday" profit-close features from the other scripts. Features: Opens trades on user-defined `PairsSet1` through `Set6` at specific `TradeTime` inputs. Configurable position sizing (`Lots`), Stop Loss, and Take Profit. Includes its own `TrailOrders` function that trails both SL and TP b
Open Round Level
Frank William Jr Colbert
A Expert Advisor that automatically opens trades when price crosses predefined pip-based round levels. Unlike simple round number EAs that only trade on psychological levels like 1.1000 or 1.2000, this EA allows you to define up to five independent pip intervals simultaneously, each with its own Magic Number for separate tracking and management. The EA functions as a complete trading system, combining automated entry based on price crossing round levels, directional control, integrated trailin
Echo Simulator Trader
Frank William Jr Colbert
Echo Simulator Trader is a powerful hybrid simulation-to-live EA that runs thousands of pure price-action simulated trades in parallel with your live account. It opens simulated LONG and SHORT positions at regular intervals on multiple pairs, meticulously tracks their performance using your exact risk rules, and only activates real trading once simulated strategies pass your custom performance filters (Net Profit, Profit Factor, Win Rate, Drawdown, etc.). Built for complete control and proof-of
Echo Simulator Trader v2
Frank William Jr Colbert
Echo Simulator Trader v2 expands the simulation engine of v1 hybrid simulation-to-live EA that runs thousands of pure price-actions simulated trades in parallel with specified day and time. It opens simulated LONG and SHORT positions at regular intervals on multiple pairs, meticulously tracks their performance using your exact risk rules, and only activates real trading once simulated strategies pass your custom performance filters (Net Profit, Profit Factor, Win Rate, Drawdown, etc.). Built fo
Echo Simulator Trader v3
Frank William Jr Colbert
Echo Simulator Trader v3 expands the simulation engine of v2 with 5 independent Property Sets (P1–P5). Each set can run on its own timeframe, magic number, position limits, and pip-interval grid logic — allowing you to test and run completely different strategies simultaneously within one EA. Simulated trades feed into a unified performance analyzer that decides which strategies graduate to real trading. With enhanced multi-magic support, pip-based round-level entries (mean reversion or breakou
Project profits with precision. Equity Master Projection is a comprehensive trade management and analytics dashboard that goes beyond simple equity tracking. It analyzes both open positions and historical trades across multiple symbols and magic numbers, applying powerful filters to isolate your best-performing strategies. With unique features like a "Cut Mode" for profit capping and dynamic HTML/CSV reporting with equity curve charts, this tool transforms raw trading data into a clear, actiona
Equity Expiration MT5
Frank William Jr Colbert
A time-based position expiration system that moves trades to a "watch list" after they reach a certain age. It does not close them immediately but waits for them to hit a profit target (or loss target) before exiting. Features: Global and Magic-specific expiration periods (format: HH:MM:SS). Tracks expired trades separately and only closes them when a `MIN_PROFIT_CLOSE` target is met (or loss target if "Close Only Profitable" is false). Includes a manual control and statistics reporting functi
Equity Master Stop v2 MT5
Frank William Jr Colbert
Trading tool combining a sophisticated equity stop-loss, dynamic take-profit management (Breakeven & Trailing), and symbol-group-based closing logic. It is a complete risk management and trade supervision tool. Features: All features of `Equity Master Stop v1` (floating profit/loss limits, exit protection, skip hours). Take-Profit Override: Can force a TP on any order to lock in a `MAX_FLOATING_PROFIT`. Step Breakeven: Locks in increasing amounts of profit as a trade moves favorably (e.g., aft
Have patterns that drive your trading success or failure in MT5. The Equity Performance Analyzer breaks down your trade history by symbol, day of the week, and hour of entry to identify exactly when your strategies perform best and worst. It ranks every possible trading pattern (e.g., "EURUSD-BUY-Mon-14") by Net Profit, Win Rate, Return/Drawdown, and a Monte Carlo Proxy. More than just an analytics tool, it generates ready-to-use input parameters for your EAs and a crucial "Worst Patterns to Av
Open Round Level MT5
Frank William Jr Colbert
A Expert Advisor that automatically opens trades when price crosses predefined pip-based round levels. Unlike simple round number EAs that only trade on psychological levels like 1.1000 or 1.2000, this EA allows you to define up to five independent pip intervals simultaneously, each with its own Magic Number for separate tracking and management. The EA functions as a complete trading system, combining automated entry based on price crossing round levels, directional control, integrated trailin
Echo Simulator Trader MT5
Frank William Jr Colbert
Echo Simulator Trader is a powerful hybrid simulation-to-live EA that runs thousands of pure price-action simulated trades in parallel with your live account. It opens simulated LONG and SHORT positions at regular intervals on multiple pairs, meticulously tracks their performance using your exact risk rules, and only activates real trading once simulated strategies pass your custom performance filters (Net Profit, Profit Factor, Win Rate, Drawdown, etc.). Built for complete control and proof-of
Echo Simulator Trader v2 expands the simulation engine of v1 hybrid simulation-to-live EA that runs thousands of pure price-actions simulated trades in parallel with specified day and time. It opens simulated LONG and SHORT positions at regular intervals on multiple pairs, meticulously tracks their performance using your exact risk rules, and only activates real trading once simulated strategies pass your custom performance filters (Net Profit, Profit Factor, Win Rate, Drawdown, etc.). Built fo
Echo Simulator Trader v3 expands the simulation engine of v2 with 5 independent Property Sets (P1–P5). Each set can run on its own timeframe, magic number, position limits, and pip-interval grid logic — allowing you to test and run completely different strategies simultaneously within one EA. Simulated trades feed into a unified performance analyzer that decides which strategies graduate to real trading. With enhanced multi-magic support, pip-based round-level entries (mean reversion or breakou
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