FastNFurious

FastNFurious EA is an automated Expert Advisor for MetaTrader 5 designed to identify trend-following and breakout opportunities using Moving Average, RSI, Stochastic, and ATR-based volatility measurements.

The EA combines trend confirmation, momentum direction, breakout validation, automated position sizing, and volatility-based trade management to support a structured trading approach.

KEY FEATURES

1. Trend and Momentum Filtering

Uses a 50-period Simple Moving Average and a 20-period RSI to evaluate trend direction and momentum alignment before considering a trade.

2. ATR-Based Breakout Validation

Checks price breakouts beyond the previous reference candle's High or Low, with an optional ATR-based buffer designed to help filter marginal breakout signals.

3. Stochastic Direction Filter

Uses Stochastic %K 20, %D 3, and slowing 7 to evaluate momentum direction. An optional overbought/oversold zone filter is also available.

4. Volatility-Based Stop Loss and Take Profit

Calculates initial Stop Loss and Take Profit distances using ATR. Default multipliers are 1.0 × ATR for Stop Loss and 3.0 × ATR for Take Profit.

5. ATR-Based Trailing Stop and Profit Lock

Uses an ATR-based trailing distance and a minimum profit-lock level relative to the entry price. Stop modifications also consider broker stop and freeze restrictions.

6. Automated Money Management

Supports equity-based risk sizing or fixed-lot trading. Automatic lot sizing uses the estimated loss at the planned Stop Loss and respects configured volume limits and broker volume requirements.

7. Re-Entry Cooldown Control

Provides a configurable time-based cooldown after position closure, an optional candle-based waiting mechanism, and a one-entry-per-bar control.

8. Trading Hours Filter

Allows trading activity to be restricted to a configurable schedule based on MT5 broker server time.

9. Execution and Margin Checks

Includes margin validation, volume normalization, trade-result logging, and checks for broker-related stop-distance restrictions.

10. Trade History Recovery

Attempts to recover the latest relevant position-closing time from the available 30-day trading history when the EA initializes.

DEFAULT XAUUSD SETTINGS

• Moving Average: 50-period SMA

• RSI: 20

• Stochastic: 20, 3, 7

• ATR: 14

• ATR Breakout Buffer: 0.30 × ATR

• Initial Stop Loss: 1.0 × ATR

• Initial Take Profit: 3.0 × ATR

• Automatic Risk: 1% of account equity

• Maximum Lot: 0.03

• ATR Trailing Distance: 4.0 × ATR

• Profit-Lock Offset: 2.5 × ATR

• Time-Based Cooldown: 180 seconds

• Trading Hours: 02:00–18:00 broker server time

These are the EA's default inputs, not guaranteed optimal settings for every broker, account size, or timeframe.

MARKET CONDITIONS AND RISK DISCLOSURE

Breakout strategies may experience false signals during sideways or choppy markets. Spread widening, slippage, gaps, execution conditions, and high-impact news can affect trade outcomes and stop execution.

ATR-based calculations adjust to measured volatility but do not eliminate market risk or guarantee a specific loss limit. No trading system can guarantee profits or a particular win rate.

Backtest the EA using appropriate historical data and test it on a demo account before deploying it on a live account. Historical performance does not guarantee future results.