TrueRisk Strategy EA MT5

No grid, no martingale, a stop loss on every trade

Grid and martingale robots can look perfect for months and then empty an account in a few days. TrueRisk Strategy EA is built the other way round: two simple rule-based strategies, every trade with a stop loss and sized by risk %, and before any trade is placed its stop loss must fit the room left before the daily and maximum loss limits you set. The full TrueRisk Account Guard Pro engine is built in, so it protects your own account the same way it protects a prop challenge.

Free 14-day trial (demo accounts) | TrueRisk Account Guard Pro (guard only) | TrueRisk Trade Manager (trade panel + guard)

• Honest backtests: the losing years are shown too (see below), so you know what to expect before you buy
• One chart trades the S&P 500, Nasdaq 100, Dow Jones 30, Nikkei 225 and, if you switch it on, gold
• Runs on your own account or on a prop challenge (built-in presets for FTMO, FundedNext and The5ers)
• Free 14-day trial on your own demo account

Launch price: $149 for the first 10 copies, then $199.

Strategy 1: Index Dip (daily, long only)

Buys a short, sharp dip in a stock index while its long-term trend is up, and sells within days.

• Buy when the day closes with RSI(2) below 10 and above the 200-day moving average
• Sell at the first daily close above the 5-day moving average, or after 10 days
• Stop loss 3 x ATR(10) on every trade
• Default symbols: S&P 500, Nasdaq 100, Dow Jones 30 and Nikkei 225 (your broker's names are found automatically: US500, SP500.s, USTEC, NAS100, DJ30, US30, JP225, Nikkei225...)
• About 3 trades a month across the four indices, each held about 3 days, so the overnight fees stay small

Strategy 2: Breakout (stop orders at swing highs and lows)

• Buy stop above the high and sell stop below the low of the last 20 bars, only in the direction of the 200 EMA
• Stop loss 3 x ATR(14), take profit 2 x the stop, stop to break-even at +1 x the stop, optional trailing stop, time exit
• When one order fills, the other is deleted. Pending orders are deleted on Friday evening, so nothing fills on a Monday gap
• Default symbol: XAUUSD (off by default; switch it on)

Strategy Tester results (PU Prime price history, 1-minute OHLC, 100,000 USD)

Index Dip, 4 indices, January 2020 to October 2026, 1% risk per trade: +15.8%, 254 trades, 72% winners, profit factor 1.44, largest equity drawdown 6.5%. The same at 3% risk: +53.9% with a 19.1% drawdown.

Breakout on XAUUSD H1, 1% risk per trade:

• January 2023 to October 2026: +121.5%, 564 trades, profit factor 1.30, largest equity drawdown 12.4%
• January 2017 to December 2022: -8.0%. Gold mostly moved sideways, the breakouts failed, and the built-in guard stopped trading at its maximum-loss level (FTMO-style 10% limit, stepping in at 8%)

Breakouts earn in trending markets and lose in sideways ones. The 2023-2026 result comes from gold's strong trend; we show both periods so you know what to expect. Past results do not guarantee future results.

Loss-limit-safe trading (what makes it different)

Before every trade the EA adds up what the account would lose if every open trade and pending order hit its stop loss. A new trade may only use the room that is left before the daily or maximum loss limit (minus a safety buffer); if it needs more, the lot is cut to fit, or the trade is skipped if you prefer. The guard watches the whole account (every symbol, every EA, manual trades) and steps in at, for example, 80% of a limit: it closes all positions, deletes pending orders and keeps trading locked (daily: until the reset, maximum: for good).

• Firm presets: FTMO 2-Step, FTMO 1-Step, FundedNext Stellar 2-Step, The5ers High Stakes, or Custom
• Daily loss limit with the reset in server time, Prague time, New York time or UTC; maximum loss static, trailing or end-of-day trailing
• Optional: daily profit target lock, per-trade loss cap, max positions, lots and trades per day, high-impact news lock (MetaTrader's built-in calendar), Friday close

Not trading a prop account? Set both limits to 0 and the EA simply trades its strategies.

Panel

Status (trading, locked, weekend), each strategy's symbols and open trades, the last decision for every symbol (for example "RSI(2) 34: no dip"), the room before a limit, today's result and both limits.

Good to know

• One chart runs everything: attach it to any chart; it trades the listed symbols itself
• Risk per trade is a % of balance, equity or the initial challenge balance; trades are sized from the broker's own tick values
• Hedging and netting accounts; on netting accounts one trade per symbol
• Works best with low index spreads and a VPS. Index CFDs carry overnight fees; Index Dip holds about 3 days, so they are a small cost
• Try it first in the Strategy Tester or with the free 14-day demo trial

Inputs

• Risk: per strategy risk %, risk base, max trades open, shrink or skip when the room is too small, smallest lot allowed
• Index Dip: on/off, symbols, RSI level, trend and exit averages, max days, stop (ATR multiple)
• Breakout: on/off, symbols, timeframe, swing bars, buffer, stop, take profit, break-even, trailing, max hours, trend filter, directions
• Orders: symbol map, weekend pending orders, magic number
• Prop firm: preset, initial balance, highest balance so far (trailing), daily and maximum loss limits, safety buffer, warning level, daily profit target
• Per-trade loss cap, trades without a stop loss, trade limits, news lock, Friday close
• Alerts, push notifications, panel corner and font size

Support: if something doesn't work as expected, send me a private message first. I answer every message and fix problems quickly.