FableNQ

FableNQ — MT5 EA for NAS100

  • Instrument: NAS100/US100 (M5)
  • Logic: builds a range from M5 opening prices during the Asian session, then enters long if price breaks above that range at the London open
  • Direction: long only (short disabled)
  • Frequency: max 1 trade per session
  • Trade management: ATR-based SL, moves to BE at +1R, then ATR x1.5 trailing, position left running (no forced close at end of window)
  • Risk: % of capital per trade (capped at 1.5%), new entries blocked after -3% intraday, full halt at -9% peak-to-trough, risk cut to 0.5x after a losing streak (switches to virtual/paper mode)
  • Filters: blocks entries 15 min around high-impact USD news, spread filter (>200 points = no entry), Friday disabled
  • Misc: auto broker detection (FTMO/Fusion), CSV trade log, R-sum persistence between sessions
  • Min setup: $1000 balance, 1:30+ leverage, external MQH dependency

Plus de l'auteur
Contrarian traders who've found a strategy that works better inverted — buys become sells, and vice versa Getting up and running (5 steps, no headaches) 1. Drop the EA into MT5 Copy SimpleTradeCopier.ex5 into <your MT5 terminal>\MQL5\Experts\. Then in MT5, open the Navigator (Ctrl+N) and drag SimpleTradeCopier onto any chart — it doesn't matter which one. 2. Set up your MASTER account This is the account whose trades you want to copy from. In the EA's inputs: InpMode = STC_MASTER ← this account
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