Bneu Ripple Trader Pro

Bneu Ripple Trader Pro — Double Top/Bottom Midpoint Trading EA

Detects double tops and double bottoms in real time, calculates the midpoint price, and trades from that level with ATR-based stop loss. Three trading modes: Manual, Semi-Auto, and Full Auto. Includes Surge TP, Choke Filter, Trend Break auto-close, and a full interactive dashboard.

Non-repainting. All ripple detection uses closed-bar data only (bar 1+).


WHAT IT DOES

Attaches to any chart and automatically:
• Detects double top and double bottom formations (ripples)
• Calculates the midpoint price between the two peaks or valleys
• Draws ripple lines and SL levels directly on the chart
• Places trades at the ripple midpoint with ATR-buffered stop loss
• Manages trades with Trend Break TP, Surge TP, and Choke Filter
• Shows a full interactive dashboard with live controls


THREE TRADING MODES

Manual — Click BUY or SELL on the dashboard. Trade executes immediately at the nearest valid ripple with calculated SL and TP.

Semi-Auto — Click BUY or SELL to arm the direction. The EA waits for a fresh ripple to form (confirmed on bar close), then executes automatically. Stays armed for continuous trading until you cancel.

Full Auto — The EA trades every fresh ripple autonomously. Use trend filters and the Choke Filter to control which setups it takes. Adjustable risk, max trades per day, and trades-at-once limit from the dashboard.


RIPPLE DETECTION

The EA scans for double tops (two consecutive swing highs at similar levels) and double bottoms (two consecutive swing lows). The midpoint of the pair becomes the trade entry reference:
• Configurable swing strength (bars each side)
• Up to 5 ripples tracked simultaneously
• 100-bar lookback range
• Max ripple age filter (default 20 bars)
• Anti-repainting: detection starts from bar SwingStrength+1


STOP LOSS AND TAKE PROFIT

• SL placed at the ripple price plus an ATR buffer (configurable multiplier)
• TP calculated as SL distance multiplied by a configurable ratio (default 2:1)
• High ripple SL goes above the ripple, low ripple SL goes below


SURGE TP (MOMENTUM EXIT)

Monitors price momentum relative to the current ripple range:
• Calculates 2x range target from the latest high/low ripple pair
• When price reaches 70% of the surge target, triggers modification
• Moves TP to the full 2x level and SL to breakeven (recent ripple)
• Locks in gains while allowing favorable trades to continue


CHOKE FILTER (SIDEWAYS DETECTION)

Detects market squeeze conditions and pauses trading:
• Squeeze detected when: newer high is lower than previous AND newer low is higher than previous
• Draws an orange choke zone on the chart between the levels
• Blocks new Auto trades while choke is active
• Break UP: 2 increasing highs above the zone, or 1 high + 1 low above
• Break DOWN: 2 decreasing lows below the zone, or 1 low + 1 high below
• Optional: close all positions when choke is first detected


TREND BREAK TP (AUTO CLOSE)

Automatically closes trades when trend structure breaks:
• BUY exits on Lower Low or Lower High compared to entry ripples
• SELL exits on Higher High or Higher Low compared to entry ripples
• Only checks ripples formed AFTER the trade opened
• Marks break points on the chart with arrows


1ST HOUR RANGE FILTER (AUTO MODE)

Measures the range of the first closed H1 bar of each trading day:
• If range exceeds the threshold, blocks Auto trading for the entire day
• Prevents trading during high-volatility opens
• Dashboard shows the measured range and status (ALLOWED / BLOCKED)
• Toggle on/off from the dashboard


TREND FILTERS

Latest Trend Filter — Compares the most recent ripples to determine trend direction. Blocks trades against the trend in Auto mode (no SELL in uptrend, no BUY in downtrend).

Trend Confirmation — Requires full trend alignment: Higher High AND Higher Low for buys, Lower High AND Lower Low for sells. Stricter than Latest Trend filter.

Both are togglable from the dashboard. Mutually exclusive — enabling one disables the other.


DASHBOARD PANEL

Full interactive panel with one-click controls:
• Balance and Equity display (live)
• Mode toggle: MANUAL / SEMI / AUTO
• BUY / SELL buttons
• Risk % or $ adjustment (+/- buttons)
• Max Trades per Day adjustment (+/-)
• Trades at Once limit (+/-, 0=unlimited)
• Ripple status — up to 3 high and 3 low ripples with age and validity
• Trend direction indicators (Higher High / Lower Low etc.)
• Active trades section with live P/L per trade and total
• Trend Break monitoring status per trade
• Surge TP tracking levels
• Choke Filter status (TRENDING / CHOKE / BREAK)
• 1st Hour Range status
• Filter toggles with colored indicators
• CLOSE ALL button
• Minimize button


MONEY MANAGER

Built-in risk management:
• Risk Mode: Percent of Balance, Percent of Equity, or Fixed Dollar Amount
• Cent account support (FBS and similar brokers)
• Volatility adjustment via daily ATR — reduces risk in high-volatility periods
• Daily loss limit (percentage)
• Max trades per day limit
• Risk-based lot sizing calculated from SL distance


ADDITIONAL FEATURES

• Auto-unique magic number per timeframe — run on multiple charts safely
• Weekend close — automatically closes all positions Friday 23:55
• Configurable ripple line colors and panel position
• Trade arrows marked on chart at ripple levels
• Works on ALL symbols and ALL timeframes
• Multi-instance safe — unique object prefixes per timeframe


PARAMETERS

• EA Name, Magic Number, Auto Magic per Timeframe
• Lookback Bars (100), Swing Strength (2), Max Ripples (5)
• Max Ripple Age (20 bars), Touch Distance
• Trend Break TP on/off, Compare Last Ripples
• SL ATR Buffer (1.2x), ATR Period (14)
• TP Multiplier (2.0)
• Panel X/Y position, Ripple line colors
• Choke Filter on/off, Close All on Choke, Choke Zone color
• Surge TP on/off, Surge Multiplier (2x), Surge Trigger (70%)
• Weekend Close on/off
• 1st Hour Range Filter on/off, Max Range (500 pts)
• Money Manager: Risk Mode, Risk %, Fixed Amount, Cent Account, Daily Loss %, Max Trades/Day, Volatility Adjust, ATR Period, Normal ATR


NON-REPAINTING CONFIRMATION

All ripple detection uses closed bars only (bar index SwingStrength+1 and higher). Once a ripple is detected and drawn on the chart, it stays. Signals never change after the bar closes. What you see is what you get.

10 activations included.


SUPPORT

We fully support all our products. If you have any questions, issues, or find a bug — please message us directly on our MQL5 profile or leave a comment on the product page. We respond to every message and fix bugs as fast as possible. Your feedback makes this tool better for everyone.
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