Market Structure Pro Multicurrency EA MT5
- Experts
- Biswarup Banerjee
- Versione: 1.0
- Attivazioni: 20
The Market Structure Pro Multicurrency EA MT5 is a fully automated expert advisor that trades the Higher High (HH), Higher Low (HL), Lower High (LH), and Lower Low (LL) fractal market structure strategy across multiple currency pairs simultaneously from a single chart. Rather than running a separate EA on every pair, this advisor monitors all symbols in a configurable comma-separated list, evaluates each one for confirmed structure shifts on every tick or new bar, and executes trades automatically when entry conditions are met. A live dashboard displays the current market structure state and open trade status for every pair being tracked, giving you full situational awareness at a glance.
The core signal engine scans recent fractal highs and lows up to a configurable bar lookback and compares each new fractal against the previous confirmed swing to classify it as HH, HL, LH, or LL. Entry Strategy 1 opens a buy when the pattern shows HH followed by HL and price closes above the most recent HH, and a sell when LH followed by LL and price closes below the most recent LL. Entry Strategy 2 uses an alternative LH-HL combination for breakout entries. An optional Moving Average trend filter with support for SMA, EMA, SMMA, LWMA, and Hull MA can gate all signals to ensure trades only open in the direction of the higher-timeframe trend, significantly reducing counter-trend exposure across the basket of pairs.
Installation Guide for MQL Products | Updating Purchased MQL Products on MT4/MT5
Key Features
- True Multicurrency Operation: Trades any number of symbols from a single chart instance using a comma-separated symbol list, with full per-symbol position tracking, profit monitoring, and independent risk management.
- Two Entry Strategies: Strategy 1 enters on confirmed HH+HL breakout above the last HH for buys and LH+LL breakdown below the last LL for sells. Strategy 2 uses an alternative structure combination for earlier breakout entries. Both strategies can be selected independently.
- Two Exit Strategies: Optional structure-based exits close positions when market structure reverses against the trade direction, providing a systematic rule-based way to protect profits beyond fixed stop-loss and take-profit levels.
- Multiple SL/TP Calculation Modes: Stoploss and takeprofit can be set in pips, fixed account currency amount, equity percentage, or group amount/percentage across the entire basket, giving flexibility for any account size and risk style.
- Breakeven and Trailing Stop: Once a trade moves a configurable number of pips in profit, the EA can move the stop to breakeven with an optional extra pip buffer, or activate a dynamic trailing stop that locks in gains as the trade extends.
- Martingale Recovery Mode: On a losing trade, the EA can multiply the lot size on the next entry by a configurable factor after a set number of consecutive losses, with a maximum step cap to control compounding risk.
- Grid Trading Mode: Adds subsequent positions at fixed price intervals in the direction of the original trade, with configurable lot increment or multiplication, pending or market execution, and cost-averaging takeprofit management.
- Hedge Mode: Opens an opposing position at a configurable distance from the original trade, with independent lot scaling and maximum step limits.
- Risk-to-Lot Calculation: Automatically computes position size based on a percentage of account balance and the configured stoploss amount, ensuring consistent monetary risk per trade regardless of the instrument or price.
- Position Sizing by Account Balance: Incrementally scales lot size as account balance grows past configurable thresholds, supporting progressive compounding strategies.
- Moving Average Trend Filter: An optional higher-timeframe MA filter (SMA, EMA, SMMA, LWMA, or Hull MA) gates all entries to the prevailing trend direction, usable on any timeframe independently of the entry chart.
- Session and Day Filters: Independently enable or restrict trading to Asian, European, American, or custom sessions, and to any combination of weekdays, with an option to close all positions when the allowed window expires.
- Safeguard Controls: Maximum spread filter prevents order placement during high-spread conditions. Per-pair and account-wide drawdown limits, daily/weekly/monthly profit targets and stop-loss caps automatically pause or close trading when thresholds are reached.
- Group Stoploss and Takeprofit: An optional basket-level profit/loss mode monitors the combined floating P&L of all open positions across the symbol list and closes the entire group when a collective amount or equity percentage target is hit.
- Comprehensive Alert System: Generates pop-up alerts, mobile push notifications, and email alerts on buy and sell entry and exit signals, individually toggleable.
- Live Dashboard: An on-chart panel displays the EA status, account balance, equity, and per-symbol market structure state and open trade P&L for every monitored pair, with configurable color, size, and position.
Warning: Martingale, Grid, and Hedge modes involve compounding exposure that can result in significant losses. Enable these only if you fully understand the associated risks. It is strongly recommended to test on a demo account before using on a live account.
You can find the MT4 version here: Market Structure Pro Multicurrency EA MT4
You can also explore related products for enhanced functionality:
- Market Structure Pro Scanner MT4
- Market Structure Pro Scanner MT5
- Market Structure Pro EA MT4
- Market Structure Pro EA MT5
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#tags market structure pro multicurrency EA MT5 higher high lower low HH HL LH LL fractal multi currency expert advisor automated trading forex martingale grid hedge trailing stop breakeven
