My foverite EA bot

MY FAVOURITE EA - SMART CLEAN

MY FAVOURITE EA - SMART CLEAN is an automated trading Expert Advisor for MetaTrader 5, designed to analyze market conditions and manage trades using a combination of trend, price action, market structure, momentum, volatility and multi-timeframe confirmation.

The EA is designed to provide automated trade management while keeping important trading parameters configurable by the user.

Main Features

Automated Trading

The EA can automatically identify trading setups and execute BUY or SELL positions according to its internal market-analysis conditions.

Automatic Entry

Entries are generated automatically when the required conditions are confirmed.

Automatic Stop Loss

Stop Loss is calculated automatically according to current market conditions and volatility.

Automatic TP1-TP5

The EA automatically calculates up to five Take Profit levels according to the detected market setup.

Multiple Positions

The number of positions per signal can be configured by the user, up to 5 positions in the current configuration.

Custom Lot Size

The user can select the preferred lot size according to the broker's volume requirements and available account margin.

Profit Lock

The EA includes automatic profit protection. The default configuration activates the profit-lock mechanism after the configured profit distance and can lock a predefined amount of profit.

Multi-Timeframe Confirmation

The EA can use higher-timeframe market information as part of its confirmation process.

Market Structure and Price Action

The system analyzes market structure, trend direction, support and resistance areas, candle behavior, momentum and volatility.

Chart Information

The EA can display trading levels and market-analysis information directly on the MetaTrader 5 chart.

Risk and Broker Compatibility

The EA checks broker volume requirements, trading permissions, available margin and symbol trading conditions before sending orders.

Recommended Starting Configuration

The default configuration uses:

• Lot Size: 0.01
• Positions per Signal: 5
• Automatic Stop Loss: Enabled
• Automatic TP1-TP5: Enabled
• Profit Lock: Enabled
• Profit Lock Trigger: 70 pips
• Locked Profit: 10 pips
• Multi-Timeframe Confirmation: Enabled
• Signal Timeframe: Current Chart Timeframe

Users should adjust lot size and number of positions according to their account size, broker conditions and risk tolerance.

Suitable Markets

The EA is designed primarily for Forex and Gold trading.

Commonly used symbols include:

• EURUSD
• GBPUSD
• USDJPY
• USDCHF
• AUDUSD
• NZDUSD
• USDCAD
• XAUUSD

The EA does not use a fixed symbol whitelist. Actual availability depends on the broker's symbol specifications, trading permissions, contract size, minimum volume and volume step.

Other symbols may be tested in the MetaTrader 5 Strategy Tester before live use.

Timeframe

The EA can operate on the current chart timeframe.

The default higher-timeframe confirmation settings use:

• M15
• M30
• H1

For initial testing, users can test the EA on M15, M30 and H1 charts and compare the results for their selected symbol and broker.

News Trading

The current version does not provide a dedicated automatic economic-calendar news filter.

Users should therefore exercise caution around major scheduled economic releases such as CPI, NFP, central-bank interest-rate decisions and other high-impact events.

During major news releases, spreads, volatility and slippage can change rapidly.

Risk Disclaimer

Forex and CFD trading involves substantial risk and may not be suitable for every trader.

The EA does not guarantee profits and past performance does not guarantee future results.

Users should test the EA on a demo account before using real funds and should select an appropriate lot size and number of positions for their account.

Broker conditions, leverage, spreads, contract specifications, execution speed and available margin can affect trading results.