X Alpha MT5 UI
- Experts
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Stephen Robert Powell
systems-focused technology and trading infrastructure firm specializing in algorithmic trading solutions, operational automation, and intelligent execution environments. - Version: 1.10
- Activations: 9
X Alpha MT5 UI is an automated Expert Advisor for MetaTrader 5. It combines trend, momentum, volatility and market-structure conditions before considering an entry. Detected Order Block and Fair Value Gap zones can be displayed on the chart, and a built-in panel provides operational controls while the EA is running.
Trading approach
A Fast EMA and Slow EMA define directional bias. RSI recovery or rejection provides momentum confirmation. ADX and ATR filters can block entries when market activity does not meet the configured thresholds. Optional Order Block and Fair Value Gap analysis adds higher-timeframe structure to the entry process.
Trade management
The EA can use ATR-based or fixed stop-loss and take-profit levels. It also provides break-even management, ATR trailing, a session-hours filter, one-trade-per-bar control and a cooldown after consecutive losses. The chart panel includes Pause, Resume, Lock, Reset Campaign and Close Basket controls.
Risk controls
Available controls include fixed-lot sizing, limits on total lots and basket positions, a maximum-spread filter, a minimum margin-level requirement, basket drawdown protection and a campaign target. X Alpha MT5 UI does not use martingale, grid or averaging logic.
Recommended setup
The intended chart period is M15. EURUSD and XAUUSD are suitable instruments for initial testing, together with other liquid instruments that have reasonable spreads. The EA supports hedging and netting accounts. Test the current defaults in the Strategy Tester and on a demo account before choosing a lot size for live conditions.
Main defaults
Fast EMA: 21. Slow EMA: 55. RSI period: 14. ATR period: 14. ATR stop-loss multiplier: 1.8. ATR take-profit multiplier: 2.4. ADX period: 14. Minimum ADX: 18. Fixed lot: 0.01. Maximum basket trades: 5. All settings can be adjusted in the EA inputs.
Important information
The filters are designed to leave the EA inactive when its conditions do not agree. This reduces activity but does not remove trading risk. Historical tests do not predict future performance. Results can vary with the symbol, spread, execution, broker specifications and selected settings. Test the EA under conditions that reflect the intended account and use a position size appropriate for the risk you can accept.
