GEN Hydra EA

GEN Hydra EA

Developer: Gede Egi

Overview

GEN Hydra EA is a fully-automated Expert Advisor for the MetaTrader 5 platform. Its core logic is based on a multi-indicator confirmation system. The EA utilizes a pool of over 30 standard technical indicators available in MT5.

It operates on a "voting" principle, where each active indicator provides a bullish or bearish signal. A trade is initiated only when the number of concurrent signals reaches a user-defined threshold. This method is designed to filter market conditions by requiring confirmation from multiple analytical sources before executing a trade.

Features

• Multi-Indicator Engine: Employs a collection of standard indicators, including Moving Averages, MACD, RSI, Bollinger Bands, Ichimoku, and others for signal generation.
• Threshold-Based Entry: Opens trades based on a configurable number of confirming indicator signals (e.g., requires 10 bullish indicators to open a buy trade).
• Signal-Based Exit Logic: Positions can be closed automatically when a specified number of indicators signal in the opposite direction of the open trade.
• Money Management: Includes options for fixed lot sizing or automatic lot calculation based on a percentage of account equity. A maximum lot size can be set for risk control.
• Position Management Tools: Equipped with Stop Loss, Take Profit, and a Trailing Stop function to manage open positions.
• On-Chart Information Panel: Displays a dashboard with real-time data, such as the current count of bullish vs. bearish signals and active trade status.
• Customizable Indicator Selection: Users can enable or disable each of the 30+ indicators individually to build a custom logic set.

Input Parameters

The EA's behavior is controlled by a comprehensive set of input parameters, grouped for clarity. As per MQL5 Market rules, all parameter names and descriptions are in English.

Trade Entry & Exit Logic

• BuyIndicatorsThreshold: The minimum number of bullish signals required to open a BUY trade.
• SellIndicatorsThreshold: The minimum number of bearish signals required to open a SELL trade.
• CloseIndicatorsThreshold: The number of opposite signals needed to close an existing trade.

Money Management & Risk

• UseAutoLot: Set to 'true' to enable automatic lot sizing based on risk.
• RiskPercentage: The risk percentage of the account balance used to calculate the lot size if UseAutoLot is true.
• LotSize: The fixed lot size to use if UseAutoLot is false.
• MaxAllowedLot: The maximum permissible lot size for any single trade.
• StopLossPoints: The Stop Loss distance in points.
• TakeProfitPoints: The Take Profit distance in points.

Position Management

• TrailingTriggerPips: The number of pips in profit at which the trailing stop is activated.
• TrailingDistancePips: The distance in pips the trailing stop will maintain from the current price.

Indicator Configuration

• Use_[IndicatorName]: A series of true/false toggles to enable or disable each specific indicator in the EA's logic (e.g., Use_MA, Use_RSI, etc.).

Recommended Usage

• This EA is a tool that requires proper configuration and testing.
• Performance can vary significantly between different financial instruments and timeframes.
• It is recommended to perform testing and optimization in the Strategy Tester to find settings that are suitable for a specific instrument.
• Always begin testing on a demo account before considering use on a live account.

Disclaimer

Trading financial markets involves a high level of risk and is not suitable for all investors. Past performance is not indicative of future results. This EA is a tool and does not guarantee profits. The user is fully responsible for their trading decisions and any outcomes. Use proper risk management at all times.