SkyScraperMT5
- Experts
- Teressa Herlene Thomson
- Versione: 1.2
- Attivazioni: 5
Overview
SkyScraper is an automated trading system designed for the MetaTrader 5 platform. The Expert Advisor operates on the Any timeframe according to your Trading preference. Due to it's trading strategy it is compatible with multiple currency pairs, crypto and metals.
Key Features
- Automated trade execution with built-in risk controls
- Dynamic position sizing with broker-compliant volume normalization
- Adaptive stop loss and take profit management based on market volatility
- Configurable trading session hours
- Daily and per-candle trade frequency limits
- Optional cooling distance between trades
Risk Management
The system includes multiple protective mechanisms to control exposure:
- Algorithmic stop loss and take profit placement
- Currency-based trailing stop functionality
- Maximum daily trade limits
- Simultaneous position controls
- Automated breakeven activation
Input Parameters
Trade Management
- LotSize: Trading volume per position
- MaxOpenTrades: Maximum simultaneous positions
- MaxTradesPerDay: Daily trade limit
- MaxTradesPerCandle: Frequency control per bar
Time Settings
- TradeStartHour: Session start time
- TradeEndHour: Session end time
Risk Parameters
- AtrPeriod: Volatility measurement period
- AtrMultiplierSL: Stop loss distance multiplier
- AtrMultiplierTP: Take profit distance multiplier
- MinAtrFilter: Minimum volatility threshold
Trailing Stop
- LockInCurrency: Profit threshold for breakeven
- TrailingStepCurrency: Trailing adjustment step
Requirements
- Account type: Hedging or Netting
- Minimum recommended deposit: 500 USD
- Timeframe: Any
- Symbols: Any forex pair or gold (XAUUSD)
Backtesting
Testing has been conducted using tick data with 99% modeling quality. Results vary by broker, symbol, and market conditions. Users should perform independent backtests on their specific broker data before live deployment.
Support
Technical assistance is available through the MQL5.com messaging system and product comments section.

