Ronex

Early Adapter price $299 for next 20 purchase (price will be updated to $399)

Ronex is a professional-grade Expert Advisor (EA) designed for automated trading on the MetaTrader 5 platform. The system combines momentum-based trend-following pullbacks with precise price action confirmations, supported by a modern visual dashboard directly on your chart.

Optimized for major currency pairs and Gold (EURUSD, GBPUSD, XAUUSD), Ronex uses conservative fixed lot sizing with absolute safety controls to ensure capital protection at all times.

Key Features

• Trend & Pullback Confluence: Integrates a macro 200 EMA trend filter and a minor 20 EMA pullback baseline to ensure you enter trades at discount prices, rather than chasing market extensions.
• Engulfing Price Action Trigger: Executes entries strictly on the completion of valid bullish or bearish engulfing candlesticks at structural pullback zones.
• ADX Momentum Guard: Evaluates the Average Directional Index (ADX) to block entries during choppy, low-liquidity, or ranging conditions.
• Defensive Smart Grid: Features a highly conservative, mathematically calculated recovery grid (capped at 3 levels by default) with automatic average break-even basket targets.
• Smart Trailing Stop: Implements a protective trailing stop to secure profit once the position moves in your favor, using dynamic stop-level checks to prevent broker errors.
• Daily Equity Protection: Hardcoded Daily Profit Targets and Daily Loss Limits close all trades and halt operations for the day once hit, securing your daily balance.
• Chart HUD Dashboard: Real-time visualization of account equity, drawdown, daily P&L, spread monitoring, session active indicators, and active market biases.

Technical Specifications

• Supported Timeframes: M5 (Recommended), M5, M15.
• Optimized Symbols: EURUSD, GBPUSD, XAUUSD (Gold).
• Minimum Balance: $500 (For 0.02 base lots).
• Account Type: ECN, Raw Spread, or Standard (Fully ECN and Market Execution compatible).

Strategy Parameters

1. Structural Entry Settings

• EMA 200 Period: Defines the macro trend direction.
• EMA 20 Period: Defines the minor pullback structure.
• Risk-to-Reward Ratio: Sets the take profit relative to the stop loss (e.g. 2.0 = 1:2 R:R).

2. Risk & Account Limits

• Fixed Lot Size: Standard order volume per trade.
• Max Lot Limit: Ultimate volume cap to prevent unintended grid exposure.
• Daily Profit Target Cap ($): Maximum profit target allowed per day.
• Daily Loss Limit Cap ($): Maximum loss limit allowed per day.

3. Defensive Smart Grid

• Max Grid Levels: Hard limit of recovery orders (capped at 3 levels for conservative risk).
• Grid Spacing (Pips): PIP distance between recovery orders.
• Grid Multiplier: Volume multiplier for subsequent grid orders (1.0 = conservative same-size recovery).
• Basket Net Exit Target (Pips): Profit target in pips for the entire basket average break-even point.

4. Trend Strength Filter (ADX)

• ADX Period: Moving average smoothing period for trend strength.
• Minimum ADX Level: Minimum threshold required to validate a trading trend (default 22.0).

Installation & Setup Instructions

1. Load Ronex onto your preferred chart (e.g., XAUUSD, M1 or M5).
2. Make sure the dashboard file  Dashboard.mqh  is located in your  MQL5/Include/  directory.
3. Set your preferred risk options or keep the default settings.
4. Enable Allow Algo Trading in the MetaTrader 5 terminal settings.