Solstice Strike
- Experts
- Version: 1.0
- Activations: 5
Solstice Strike MT5
Solstice Strike is a breakout Expert Advisor for MetaTrader 5. It reads recent market structure and prepares pending orders when price reaches an important swing level.
MAIN FUNCTIONS
Profile Mode
Choose the working style that fits your chart:
- Scalper uses M5 structure for faster intraday setups.
- Swing uses H1 structure for a more balanced trading style.
- Trend uses H4 structure for wider market direction.
- Custom lets you adjust the main settings yourself.
Swing High and Swing Low Detection
The EA finds recent highs and lows on the selected profile timeframe. These levels are used as possible breakout areas.
Pending Breakout Orders
Instead of opening a trade immediately, the EA can place a Buy Stop above a swing high or a Sell Stop below a swing low. This means price needs to move through the level before the order can be activated.
Stop Loss and Take Profit
Each new setup uses a predefined stop loss and take profit. You can change both values in the inputs.
Trailing Stop
When a position moves in the expected direction, the EA can move the stop loss to help protect part of the open trade.
Risk-Based Lot Size
When money management is enabled, the EA calculates the lot size from the selected risk percentage and stop-loss distance. A fixed-lot option is also available.
Spread Filter
The EA checks the current spread before placing an order. It can avoid new setups when trading costs are higher than the allowed limit.
High-Spread Pending Order Cleanup
If the spread becomes too high, the EA can remove its pending orders to avoid leaving an order active in poor trading conditions.
Daily Protection
Daily profit target, daily loss limit and daily equity protection can be enabled from the inputs. These controls can pause new activity when the selected daily level is reached.
News Filter
The optional news filter can pause trading around scheduled high-impact events. The time before and after the event can be adjusted.
Optional News Filter: pauses new trading activity around scheduled high-impact events. The time before and after the event can be adjusted in the inputs.
Daily and Friday Close Protection
The EA can close positions and delete pending orders at a selected daily time. It also includes Friday protection to reduce weekend exposure.
Information Panel
The on-chart panel shows account, performance, position and product information while the EA is running.
IMPORTANT NOTE
Solstice Strike is a trading tool, not a guarantee of results. Please test the EA on a demo account and check the broker’s spread, symbol specification and server time before using it on a live account.
