ForexLoop Multi symbol Ea For Cent Account

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ForexLoop by Waqqas — Dual Basket Multi-symbol EA for MT5 (For Cent Accounts Only)

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TRADE 3 MAJOR FX PAIRS FROM ONE CHART

ForexLoop is a dual-basket grid expert advisor designed for the three

most liquid forex pairs — EURUSD, GBPUSD, and USDJPY — running

simultaneously from a single chart on a hedging account.

Each symbol runs its own independent BUY and SELL basket with its own

entry levels, its own take-profit, and its own risk state.

The opposite side only starts once the primary side has committed

three layers — a structure designed to reduce premature hedging.

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WHY FOREXLOOP

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▶ Dynamic adaptive Grid

  Entry distances, layer spacing, and basket take-profit are all

  auto-scaled to the current market volatility — no fixed pip

  values, no need to re-optimise when volatility shifts.

▶ Auto-Scaled per Timeframe

  The EA adapts its distances automatically to M1, M5, M15, H1, H4,

  or D1 — with a built-in timeframe scaling table that keeps

  behaviour consistent across periods.

▶ Broker-Aware Volume Protection

  On startup, ForexLoop reads your broker's per-symbol volume limit

  and automatically computes the maximum safe per-layer lot size.

  You never have to guess where the broker's cap is.

▶ Account-Level Drawdown Guard

  A configurable account-wide drawdown lock (default 30%) closes all

  baskets and halts trading if your equity drops too deep.

▶ Smart Session & News Filters

  Optional broker-session detection, open/close pause, and a built-in

  economic calendar filter that automatically pauses each symbol

  around high-impact news for its currencies.

▶ One-Chart Multi-Symbol

  Configure EURUSD, GBPUSD, and USDJPY (or any combination) with a

  single dropdown. No need to attach the EA to three charts.

▶ Real-Time Dashboard

  A clean, dark-themed dashboard shows per-symbol basket status,

  equity, floating P&L, current drawdown, peak equity drawdown

  (daily / weekly / monthly / all-time), spread, session, and next

  scheduled news event — all updated live.

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HOW IT WORKS — THE STRATEGY

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ForexLoop is a dual-basket grid EA. For each symbol it manages two

independent baskets — BUY and SELL — each with up to 15 layers.

1. FIRST ENTRY

   The EA waits for the market to break out from the recent high/low

   by an Dynamic-scaled distance, then opens the first layer.

2. LAYER ADDITIONS

   If price moves against the basket, the EA adds layers at calculated

   Dynamic-based intervals. Layers 2–5 use tighter spacing; layers 6+

   use wider spacing for deeper moves.

3. OPPOSITE SIDE

   After the primary basket reaches 3 layers, the opposite basket is

   unlocked. This allows the EA to hedge only once the market has

   already committed to a direction.

4. BASKET TAKE-PROFIT

   Each basket closes as a group when its weighted average price

   reaches the Dynamic-scaled take-profit target.

5. DRAWDOWN LOCK

   If account-wide drawdown reaches the configured threshold, all

   baskets close and the EA stops trading until it's reloaded.

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KEY SETTINGS

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Symbol selection:

  • All Three (EURUSD, GBPUSD, USDJPY)

  • EURUSD only

  • GBPUSD only

  • USDJPY only

  • EURUSD + GBPUSD

  • EURUSD + USDJPY

  • GBPUSD + USDJPY

Risk:

  • Starting lot size (default 0.01)

  • Max account drawdown % (default 30%)

  • Optional daily profit target

Filters:

  • Auto broker session detection (or manual London / NY / Asian)

  • Pause near session open / close

  • News filter with impact threshold and pre/post margins

Display:

  • Show / hide dashboard

  • Custom dashboard position

  • Apply dark chart theme on start

  • Restore original theme on exit

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REQUIREMENTS

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✔ MT5, build 3000 or newer

✔ HEDGING account (netting not supported)

✔ Real or demo account

✔ Sufficient free margin for the configured starting lot

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RECOMMENDED USAGE

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• Timeframe: M5 Attach to EURUSD Chart

• Symbols: EURUSD, GBPUSD, USDJPY

• Starting lot: 0.01 per symbol

• Account balance: Minimum $300 or 30,000USC in cent account (Recomended $500+ or 50,000USC in cent account)

• Leverage: 1:500 or higher

• Broker: low-spread, swap free cent account recommended

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IMPORTANT — RISK DISCLOSURE

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ForexLoop is a grid-based strategy. Grid EAs can accumulate floating

losses during extended trend movements. The strategy does not use a

per-position stop loss; risk is managed by:

  • Basket take-profit (average-price based)

  • Dynamic-scaled layer spacing

  • Account-wide drawdown lock (default 30%)

  • Auto-computed broker volume cap

Please:

  ✔ Test on a demo account before live use

  ✔ Start with the minimum lot size

  ✔ Use an account balance that can tolerate drawdown

  ✔ Understand the strategy before risking real capital

What this EA is not

ForexLoop is not a high-frequency trading system, a scalper, or a market-making bot. It is a grid / recovery style EA that uses lot multiplication across layers. This style of strategy carries significant risk if the market makes a sustained move against the basket without retracing.

The default 30% maximum-drawdown guard is designed to close the baskets and pause trading before losses become catastrophic. Do not disable it unless you fully understand the consequences

Past performance does not guarantee future results. Forex trading

carries substantial risk of loss. Never trade with money you cannot

afford to lose.

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SUPPORT

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For questions, bug reports, or customisation requests, message me

directly through MQL5 Market. All messages are typically answered

within 24 hours.