Weekly Edge FX
- Experts
- Mindaugas Formalcikas
- Versione: 1.10
- Aggiornato: 4 maggio 2026
- Attivazioni: 20
Weekly Edge FX — Weekly Breakout Expert Advisor for MetaTrader 5
Overview
Weekly Edge FX is a fully automated Expert Advisor designed to trade breakouts of the previous week's high and low using pending orders.
The system places Buy Stop and Sell Stop orders at key breakout levels, ensuring precise execution even during fast market moves. Once a breakout is triggered, the trade is managed automatically using a moving average trailing stop and optional profit-based exit.
No martingale. No grid. One breakout trade per week, per symbol.
How It Works
Weekly breakout levels
At the start of each new weekly candle, the EA records the high and low of the previous week. These levels define the breakout zones.
Pending order execution (no missed trades)
The EA places Buy Stop and Sell Stop orders above and below the breakout levels. This ensures the trade is executed even if price moves quickly or gaps through the level.
Smart trade management
Once a position is opened:
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Opposite pending order is automatically removed
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A Moving Average (M5) trails the stop loss
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Optional profit target can close the trade early
Controlled exposure
Only one trade per week per symbol is allowed, preventing overtrading.
Key Features
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Pending order breakout logic (no missed entries)
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One trade per week per symbol
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Risk-based or fixed lot sizing
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Automatic margin validation and lot adjustment
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Volume limit and broker constraint handling
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Spread filter for safer entries
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Trading session and weekday filters
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Automatic deletion of opposite pending orders
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Profit-based auto close
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MA trailing stop management
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Clean execution without martingale or grid systems
Recommended Setup
| Setting | Value |
|---|---|
| Chart timeframe | M5 (EA uses W1 data internally) |
| Symbol | EURUSD (also works on other major FX pairs) |
| Lot mode | Risk % (recommended 1%) |
| Trading hours | 05:00 – 23:00 server time |
| Trading days | Monday – Thursday |
Input Parameters
| Parameter | Description |
|---|---|
| LotMode | Risk % or Fixed Lot |
| Risk | Risk per trade (% of balance) |
| FixedLots | Fixed lot size |
| brekoutTF | Breakout timeframe (default W1) |
| stopas | Stop Loss in points |
| Buffer | Extra buffer above/below breakout |
| MaTimeframe / MaPeriod | Trailing MA settings |
| UseTradingHours | Enable trading session filter |
| UseTradingDays | Enable weekday filter |
| UseProfitClose | Enable profit target close |
| ProfitClosePercent | Profit target (% of balance) |
| MaxSpreadPoints | Spread filter |
| MaxDeviationPoints | Slippage tolerance |
Requirements
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MetaTrader 5
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Broker with stable execution
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Minimum balance: $200+ (depending on lot size and symbol)
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VPS recommended for uninterrupted operation
Broker Time
Optimized for brokers using GMT+2 / GMT+3 (New York close charts).
Notes
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Designed for breakout trading on major Forex pairs
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Backtesting recommended using real tick data and variable spread
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Always verify broker conditions before live trading
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One EA instance per symbol recommended
Risk Disclaimer
Trading involves risk. Past performance does not guarantee future results.
Test the EA on a demo account before using real funds.
