ChronoTraderPro

Introducing Chrono Trader Pro: Your Intelligent Multi-Strategy Trading Solution

This is a strategy is designed to find the most robust strategy for any instrument you choose so you can exploit the current market conditions.

It will only trade one strategy at a time (that you choose based on optimization results) and will only place one trade per day. 

Stay Ahead in Evolving Markets

Markets are always shifting, and what brought success just a few years ago might not be effective today. To truly thrive and manage your risk, it's crucial to identify and leverage what's working right now. This means moving beyond outdated strategies like grid and martingale systems, which significantly increase your drawdown and overall risk.

It's incredibly rare to find a trading system that consistently performs well over a five-year backtest without resorting to these high-risk approaches. True success comes from adapting to the market as it is today. ChronoTraderPro is specifically designed to help you pinpoint the most profitable strategies in the current market environment, giving you the edge you need to succeed.

Every trade has a stop loss, ensuring no single trade can blow your account.

Demo for Prop Firm Account

Please see the following video for a demonstration on how to optimize this expert advisor to pass a prop firm account.

https://youtu.be/OY5HSnzwPg4

Optimization Set File

Please see the bottom of this page for a optimisation .set file which will help you identify winning strategies for your currency pair.

Updates

11/07/2025: New Strategy added - Retracer, this finds the highs and lows of the last x bars, it then places a trade a distance below or above depending on if it is a buy or sell. Excellent for volatile trend following instruments like EURUSD.

About

Chrono Trader Pro is an advanced Expert Advisor meticulously engineered to identify and deploy the most profitable trading strategy for any given instrument. With seven integrated, distinct strategies, ChronoTraderPro offers unparalleled adaptability, allowing you to either select your preferred approach or empower its intelligent optimizer to pinpoint the ideal strategy for your specific trading instrument.

Precision Trading, Robust Protection

Chrono Trader Pro leverages precise time-based trading to accurately identify key support and resistance price levels. Entry signals are rigorously confirmed through a combination of moving average checks and analysis of previous price momentum. For an added layer of confirmation, an optional ADX filter can be engaged to verify trend strength, ensuring high-probability entries.

But Chrono Trader Pro is more than just an entry system; it's meticulously built to protect and steadily grow your capital.

This Expert Advisor does not place a take profit by default and relies on moving the stop loss to a positive risk reward once a threshold has been met so you can maximise the profit potential.

What Chrono Trader Pro is NOT:

Unlike many systems that promise quick gains only to deliver devastating drawdowns, Chrono Trader Pro prioritizes sustainable growth and capital preservation. We explicitly do NOT employ risky strategies such as:

• Martingale
• Grid Systems
• Averaging out of losing trades

This commitment to responsible trading ensures that you avoid the pitfalls of inflated backtesting results that often mask significant negative equity curves or annual drawdowns exceeding 30%. With Chrono Trader Pro, you get genuine, stable performance.

Discover Chrono Trader Pro's Diverse Strategies:

Chrono Trader Pro integrates five powerful strategies, each designed for specific market conditions:

Range Breakout:

This dynamic system continuously monitors price action within defined boundaries. It initiates a trade when the price decisively breaks out of the range and aligns with a moving average.

Ideal for: Trending pairs such as XAUUSD, USDJPY, GBPUSD.

Range Reversal:

Similar to the Range Breakout, this strategy identifies price movements beyond established ranges but executes a reversal trade when aligned with the moving average.

Ideal for: Range-bound pairs such as AUDCAD, AUDJPY.

Scheduled Entry Breakout:

This trend-following strategy executes an order based on current price momentum at a specific, pre-determined time. For example, if XAUUSD has moved +% and the time is 1 AM, a buy order will be executed.

Ideal for: Trend-following pairs like XAUUSD and USDJPY.

Scheduled Entry Reversal:

This strategy places a trade in the opposite direction for the day based on pre-defined criteria. For instance, if AUDCAD is +0.3% at 5 AM, a sell order will be placed.

Ideal for: Range-bound pairs such as AUDCAD.

Bullish Only:

Designed for long-term growth, this strategy executes only buy positions at a specific time daily, without additional filters.

Ideal for: Long-term bullish indices trading, including SP500, USTEC, US30.

Bearish Only:

Tailored for downside movements, this strategy executes only sell positions at a specific time daily, without additional filters.

Ideal for: Long-term bearish trends, such as indices during a recession.

Retracer

This strategy finds the high and low for the last x bars, it then places a buy or sell stop order below the high or above the low so if price retraces to that level, the order executes giving you a better entry point. Works well on volatile pairs that tend to trend such as XAUUSD and EURUSD.

Key Features of Chrono Trader Pro

Chrono Trader Pro is packed with powerful features designed to give you control, protect your capital, and optimize your trading performance:

Optional Break-Even Trigger:

Safeguard your trades by automatically moving your stop loss to just above break-even (to cover fees) once a predefined price threshold is met.

Optional Trailing Stop:

Reduce potential drawdowns with an optional trailing stop. While effective for risk management, be aware that aggressive trailing stops can sometimes limit a trade's full profit potential due to natural price fluctuations.

Optional Risk-Return Threshold:

This advanced feature provides a more dynamic alternative to a traditional trailing stop. If the price moves 1.5% above your open price, your stop loss will automatically adjust to 1.25% of that move. This allows your trades "room to breathe" while ensuring your risk-reward ratio remains favorable (better than 1:1). Experiment with this feature to see how it best complements your trading style.

Compounding:

Chrono Trader Pro automatically compounds your gains through dynamic lot sizing. It calculates lot sizes for each trade based on your specified risk percentage and a fixed stop loss in points, allowing your account to grow exponentially. This works exceptionally well in trending instruments but can also adapt to ranging markets with the right strategy selection.

Direction-Specific Trading:

Take control of your market exposure. If you anticipate a bullish trend for USDJPY after an election, you can engage the Bullish Only strategy to exclusively place buy orders. Conversely, if you foresee a bearish trend for XAUUSD due to a rising USD, the Bearish Only strategy will focus solely on sell orders.

Efficient and Useful Information Display:

We've prioritized performance and utility. Chrono Trader Pro forgoes flashy, resource-intensive panels in favor of a clean, efficient display that provides only the most crucial information at a glance, without slowing down your trading platform. The panel updates every 30 seconds; remember to disable it during backtesting to avoid excessive resource usage.

Frequently Asked Questions

What markets does Chrono Trader Pro work on?

Chrono Trader Pro is incredibly versatile, operating seamlessly across all chart types, including Metals, Forex pairs, and CFDs. You'll only need to adjust the Percentage of Currency Change for Stop Loss settings to account for each asset's typical point movements. We generally recommend a setting of 0.3%, but you can increase it to 1% for smaller gains and losses.

How does Chrono Trader Pro determine entry and exit points?

Chrono Trader Pro employs a sophisticated dual-confirmation approach. It uses time-based ranges to identify high and low price points, then cross-references this with a moving average check to confirm trade signals. This robust method aims for high-probability entries and minimizes false signals, contributing to a 90%+ win rate when paired with break-even and trailing stop loss features. However, be mindful that these protective measures can sometimes limit overall account growth.

Can I adjust the EA to fit my trading style?

Absolutely! Chrono Trader Pro offers extensive customization. You can fine-tune settings, including the optional trailing stop and break-even feature. Furthermore, you can set a specific closing time for trades to avoid market opens or high-impact news events, giving you superior control over your trading.

Does Chrono Trader Pro use a stop loss (SL)?

Yes, definitively. Chrono Trader Pro incorporates an adjustable stop-loss feature, which you can tailor to each market’s unique point movements for effective risk management.

Does Chrono Trader Pro work well on prop firm accounts?

Yes, Chrono Trader Pro has demonstrated excellent performance on prop firm accounts. Its robust risk management and adaptable design allow it to meet the stringent criteria often set by proprietary trading firms.

Does the EA work on any time frame?

Chrono Trader Pro's core functionality relies on its time-based range detection. While it can operate across different time frames and charts, you have the flexibility to choose a time frame that suits you. We typically use the H1 time frame for a clear view of recent market activity and to facilitate strategy adjustments.

Will I need to monitor the EA regularly?

Once configured, Chrono Trader Pro is designed for autonomous operation. However, occasional monitoring of your account is recommended to ensure alignment with evolving market conditions, especially during significant news events if you choose to trade through them.

Can I use Chrono Trader Pro on multiple accounts?

Yes, Chrono Trader Pro can be utilized on multiple accounts, provided you adhere to your license activations. Please review your specific license terms for details on multi-instance usage.

How does the EA handle market volatility?

Chrono Trader Pro employs several mechanisms to manage market volatility. Its break-even and trailing stop features are crucial for protecting your capital during turbulent periods. Additionally, the ability to set a specific trade closure time allows users to avoid trades during high-impact news events, thereby reducing exposure to sudden price swings.

What are the requirements to run Chrono Trader Pro?

Chrono Trader Pro requires a MetaTrader platform (MT5) and a broker that fully supports automated trading. For optimal performance, ensure your broker provides low latency with tight spreads.

What are the recommended initial settings for new users?

The EA comes with robust default settings. However, we advise new users to start with a conservative lot size and carefully adjust the stop loss and take profit parameters according to the specific instrument being traded. For instance, a 500-point stop loss for US30 may differ significantly from what's needed for XAUUSD to allow trades sufficient room to develop without being prematurely stopped out.

We highly recommend running an optimization for each instrument. Focus on optimizing the range start time from 1 to 14 and the range close time from 14 to 23.

Please use the optimisation set file as a starting point for your backtesting and remember to forward test. 

Important Considerations

Before deploying Chrono Trader Pro, it's crucial to perform an optimization on the "range start" time to identify the most effective monitoring period over 12 months. Remember, this will correspond to your broker's time, not necessarily your local time. For example, 0.5 (12:30 AM) on an EU broker may not be the same as 0.5 (12:30 AM) on a US broker.

Given the dynamic nature of the market, we strongly advise running an optimization every month for your chosen instruments. This ensures your EA is consistently set to the optimal trading time and strategy. Always utilize forward testing to validate your optimized settings.

Be aware of events such as public holidays and ensure you manually close trades to save on Swap fees and price gaps over the weekend.

Finally, remain aware of daylight saving time changes and adjust your time range settings accordingly when these events occur.

This runs on our DarwinX account and the performance has been excellent.

Example .set File for Optimisation

Save the following as ctp.set and turn on Optimisation:

; saved on 2025.11.08 13:22:55

; this file contains input parameters for testing/optimizing ChronoTraderPro expert advisor

; to use it in the strategy tester, click Load in the context menu of the Inputs tab

;

; === Strategy ===

EA_STRATEGY=0||0||0||6||Y

; === Time Management ===

RangeStart=8||1.0||1||14||Y

RangeDuration=2||1||1||6||N

RangeClose=22||14||1||23||Y

Close_Timeframe=16390||0||0||49153||N

; === Risk Management ===

Max_Drawdown=2000||1000||1||10000||N

Max_Profit=10000||1000||1||10000||N

Risk=0.5||0.1||0.1||1.0||N

CurrencyChangePercent=0.3||0.1||0.1||0.5||N

Enable_Panel=false||false||0||true||N

TrailingStop=false||false||0||true||N

Take_Profit=false||false||0||true||N

TpMultiple=1||1.0||0.100000||10.000000||N

BreakEven=false||false||0||true||N

breakeventriggerdivisable=4||4||1||40||N

breakevenpointsdivisable=8||8||1||80||N

RiskReward=true||false||0||true||N

RiskRewardTriggerDivisable=1.5||0.5||0.1||2.0||N

RiskRewardPointsDivisable=1.25||0.5||0.100000||2.0||N

; === Lot Parameters ===

Fixed_Lot_Size=false||false||0||true||N

Fixed_Lots=0.01||0.01||0.001000||0.100000||N

Fixed_Stop_Loss=false||false||0||true||N

Fixed_Stop_Loss_Points=500||500||1||5000||N

; === Retracer Parameters ===

Scalper_Timeframe=2||0||0||49153||N

BarsN=5||5||1||50||N

ExpirationBars=70||100||1||1000||N

OrderDistPoints=20.0||10.0||1.000000||100.000000||N

; === Moving Average Parameters ===

MA_Timeframe=16408||0||0||49153||N

MA_PERIOD=3||3||1||30||N

; === ADX Parameters ===

ADX_Filter=false||false||0||true||N

ADX_Threshold=21||19||1||35||N

ADX_TimeFrame=1||0||0||49153||N

ADX_Period=14||14||1||140||N