Touch of MIDAS

Automated MIDAS Trading for MT5

Touch of MIDAS combines automatic level detection, one-click curve arming, and a full prop-firm protection layer into one seamless workflow. The EA draws institutional-grade MIDAS curves on every chart, watches the levels you select across every symbol and timeframe, and fires trades the moment price reaches them — with the lot sized, your risk rules enforced, and a full stack of safety checks already cleared. Built for prop firm traders and serious retail traders who know where they want to trade but don't want to sit at the screen waiting for the touch.

Why Touch of MIDAS?

Touch of MIDAS gives traders a single chart-driven interface to plan, size, and protect every trade across multiple symbols and timeframes.

Hover over any control or button on the chart to instantly see a clear, concise description of exactly what it does.

• MIDAS — Hawkins Method
  A VWAP-based analytical engine that identifies dynamic support and resistance by anchoring volume-weighted price curves to significant market turning points. Up to 10 supports and 10 resistances per chart, drawn automatically from pivot highs and lows. Curves disappear the moment they're invalidated by an anchor break or close-through — what you see is always the live, structurally-valid level set.

• Top Finder / Bottom Finder
  Cumulative-volume exhaustion curves built on Paul Levine's TBF method, up to five per side. Each curve is fitted to a meaningful pullback pivot, which calibrates the trend's total volume budget (D). As bars print, volume burns through that budget; the curve's slope steepens and bends until — at 100% consumption — the curve terminates. A live percent-of-burnout readout, a projected exhaustion timeline, and a yellow-to-red gradient show exactly how close the trend is to running out of fuel, so you can read potential reversals from the volume tape itself rather than from price alone.

• One-Click Curve Arming
  Every visible curve gets a BUY or SELL button anchored to its endpoint. Click once to arm — the EA now watches that exact level on every tick and fires automatically when price touches the curve. No manual timing, no missed touches if you're away from the screen. Optionally fire when a bar opens beyond the curve on a gap.

• Flexible Position Sizing
  Type your lot size directly into the wide on-chart edit field beside each button — edit anytime, even while the trade is running, and the change propagates on the same tick. Prefer risk-based sizing? Switch on auto-sizing and every fire is calculated from a fixed dollar amount or a percentage of balance against your stop distance. If the risk budget can't cover the broker's minimum lot, the fire is skipped rather than upsized.

• Auto-Close on Curve Break
  When the MIDAS curve that justified the trade breaks, the position closes at market. The reason for the trade is gone, so the trade goes. Tagged in the journal for clean R-multiple bookkeeping. Add an optional fixed initial stop-loss as a hard backstop, or have positions close when their curve leaves the chart entirely.

• Cross-TF / Cross-Symbol Armed Panel
  One unified panel lists every armed curve across every chart and timeframe. Each row shows the symbol with currency flags, curve quality stars, side, live distance to trigger, and current open P&L if the position has fired. Click any row to jump straight to that chart.

• Curve Quality Scoring
  Every curve is rated 1-to-5 stars by how long its anchor has been accumulating — the longer a level has been building, the more institutional weight it carries and the higher it scores. Four-star and five-star setups get an ★ prefix on the panel so the highest-conviction levels stand out at a glance.

• Prop-Firm Account Protection
  A full guard stack measured against equity in real time on every tick: daily-loss cap, daily-gain cap, multi-day drawdown lock from peak equity, and an account margin guard. Trip any threshold and the EA blocks all new fires until rollover, with optional close-all on daily target hit. Built to prevent prop firm rule breaches before they happen, not after.

• Execution Guards & Filters
  Skip fires when the spread is too wide, cap total open positions and positions per symbol, and block over-exposure to any single currency with the correlation guard. Restrict fires to your chosen trading hours and weekdays — disable weekends automatically or enable them for crypto — and enforce a cooldown after a stop-out to stop revenge entries.

• Full Alert Matrix
  Popup, push, and sound alerts on fire, break, curve touch, and near-trigger (price within a set pip distance of a curve). Per-slot alert toggles let you arm notifications on exactly the levels you care about and stay silent on the rest.

• Symbol Info Box
  Live HH:MM:SS server clock with per-symbol OPEN/CLOSED status driven directly by the broker's session table. Correctly handles 24/7 crypto, limited-hours equities, FX weekend gaps, and broker-specific holidays. FX pairs additionally show the active liquidity zone — London, New York, Tokyo, Overlap, or Asia — when open.

• Smart Grid
  Optional horizontal grid at psychological round numbers (50000, 75000, 100000 on BTC; 1.0500, 1.0600 on FX). Adapts to chart range automatically. Labels are pixel-anchored at the chart's right edge — they never clip into the price scale regardless of price magnitude.

• Playbooks & Persistence
  Save the current armed registry under a named playbook and reload it later to restore that exact set of armed curves across symbols and timeframes — ideal for re-arming swing setups after a take-profit run or switching between strategies. The live registry also auto-saves and survives MT5 restarts, so a reboot never costs you your armed levels.

• Trade Journal & R-Multiple Tracking
  Every fire, close, break, and miss writes a structured row to a spreadsheet-friendly file in the MQL5/Files directory: symbol, period, slot, side, magic, fired-at price, lot size, reason, and R-multiple on close. Initial risk in dollars is captured atomically at fire time and frozen as the R denominator, so later edits never deflate it — every close logs an R-multiple that reflects what you actually signed up for.

Recommended Workflow

1. Attach the EA to any chart. MIDAS curves draw themselves.
2. Configure your daily loss cap, drawdown lock, daily target and guards to match your strategy or prop firm's rules.
3. Click BUY or SELL on whichever curves you want to trade.
4. Set your size — type a lot directly into the on-chart edit field, or switch on risk-based auto-sizing.
5. Walk away. The EA handles the rest: entry on touch, risk enforcement, and the exit.

Support & Communication
Developer support is available through the MQL5 messaging system, with most inquiries answered within 24 hours — timely, reliable help when you need it.

Risk Disclosure
Trading financial instruments carries a high level of risk and may not be suitable for all investors. Market conditions can change rapidly, and losses may exceed expectations. No indicator or analysis tool can guarantee profits or eliminate risk. Users are strongly advised to familiarize themselves with the risks involved and to practice using the indicator in a demo environment before applying it to live trading.