Riptide EA Prop
- Experts
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Antonello Belgrano
MQL5 Programmer specialized in creating professional Expert Advisors and Indicators.
I develop high-quality strategies as well as custom solutions, optimizations, and personalized Expert Advisors tailored to your specific needs.
Feel free to contact me for any requests or custom projects. - Version: 1.0
- Activations: 5
Riptide Prop EA: Prop Firm Ready Multi-Strategy Expert Advisor
The market doesn’t move in one direction. It moves in currents.
Some run on the surface where everyone sees them. Others work underneath, quietly, and those are the ones that matter over time. Riptide is built on one idea: no single strategy works all the time, but a balanced set of well-chosen strategies, each in its right place, can hold up.
The Story
Riptide is the result of years spent looking for real statistical edges instead of perfect curves. Every idea was tested on years of history, then on data it had never seen. The ones that collapsed out of sample were dropped without regret. What remains are only the pairs and configurations that held up in both periods.
The result is a multi-strategy Expert Advisor with independent engines, each with its own logic and timeframe. They complement each other: when one edge goes quiet, another can take over. It doesn’t promise everything. It is built to last, with disciplined execution and genuine diversification across strategies and markets.
Plug & Play: Simple Setup
Riptide is a fully automated trading system with a simple setup.
- Automatic presets: drop the EA on a chart and it recognizes the symbol. No hundreds of parameters to optimize, no .set files to hunt for.
- Works on any chart timeframe: each preset runs on its own internal timeframe.
- Supported symbols: GBPUSD, USDCHF, USDJPY, EURUSD, USTEC, US500 (alternative names and broker suffixes are recognized).
- Alternative presets can be selected manually to run several configurations on the same symbol, without mixing positions.
- On-chart panel with open position, status, drawdown and upcoming news.
- Built-in automatic lot calculation: set the risk per trade in percent and the lot size is computed from the stop distance.
Prop Firm Guard: Built for Funded Accounts
Passing a challenge and keeping a funded account comes down to one thing: not breaking the rules. Riptide includes a built-in Prop Firm Guard control panel for Prop Firm Ready trading.
- Daily drawdown protection: blocks new positions as you approach the daily limit, and counts the risk of the trade it is about to open.
- Optional total drawdown limit.
- High impact news filter based on the MT5 economic calendar, with a pause before and after major events. Optionally includes medium-impact news and closes positions ahead of the release.
- Weekend close with a configurable hour, to avoid gaps.
- Controlled risk by default: 0.5% per trade.
- Drawdown references survive restarts: if the terminal restarts mid-day, the daily count does not reset.
- The guard never alters your lot size: it blocks the entry, it doesn’t change it.
Riptide includes tools to help respect typical prop firm rules. Every firm has its own conditions, so always check yours.
Capital Preservation First
- Hard stop loss on every trade, set at entry and sized on market volatility (ATR).
- Disciplined risk management: the lot depends only on your risk setting, balance and stop distance.
- Lot always rounded down: if the broker’s minimum lot would exceed your chosen risk, the trade is skipped, not forced.
- Adaptive components: volatility-based stops and an adaptive moving average in one of the engines.
- Strict risk control: one position per preset, always protected.
No Dangerous Practices, No Backtest Tricks
What Riptide does not do matters as much as what it does.
- No history reading to fake results: the EA doesn’t look into the future or “know” trade outcomes in advance. It decides on closed bars (or the first tick of a bar) with the same information it has in real time. Backtest behavior is what you should expect live.
- No martingale: lot size never increases after a loss.
- No grid, no averaging: it never adds to a losing position.
- No recovery logic: past trades don’t influence future position size.
- Stops are never widened or removed: where trailing is used, it only moves in favor of the trade.
- No high-frequency logic: no tick scalping, no latency dependence.
- No DLLs, no external connections: the EA works only with your terminal’s data.
Key Features
- Multiple balanced engines based on edges tested over long history and checked out of sample
- Internal presets for each pair, already tuned
- Fully automated, with no manual intervention required
- Realistic backtests: same logic in test and live
- One base magic number, with a distinct number per preset
- Compatible with hedging and netting accounts (one preset per symbol recommended on netting)
