PFX Structure and Liquidity Model EA
- Experts
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Daniel Freeman
I'm Dan, a UK-based trader and the builder behind PrecisionFX. I'm a disabled veteran, and I came to trading the same way many people do — looking for a way to build an income on my own terms. What I found instead was two years of overpriced courses, $1,500 EAs hiding martingale under the bonnet - Versão: 5.30
This EA has a matching indicator - PFX SLM. Same engine, same rules, same trades. Two ways to use them together: backtest the EA to find the best settings, then trade them by hand with the indicator - or let the EA loose and have it trade them for you. Either way, put the indicator on the chart and you see every decision.
FREE - AND IT ALWAYS WILL BE
A ton of work has gone into these tools to make them the best I can make them, and they are free. Not a trial, not a lite version - free, and it always will be. I am still developing them, so expect regular updates.
Spotted a bug, or want something added? Reach out in Comments and I will get it done.
PFX SLM EA - Structure & Liquidity Model, trading on its own
The PFX SLM indicator finds the setups. This EA takes them - entry, stop and target from the exact same code.
Use it two ways:
- As a backtesting tool - run it in the Strategy Tester to find the best settings for your symbol and timeframe, then take those settings to the indicator and trade them by hand.
- As an auto-trader - let it trade your backtested settings for you.
It runs on any timeframe and any symbol - forex, gold, indices, crypto.
THE MODEL IN FOUR STEPS
- Price breaks structure against its recent direction - a change of character (ChoCH).
- That move leaves a fair value gap (FVG) behind it.
- Price drifts back into the gap (50% in by default - you choose).
- A candle closes back out of the gap the right way. The EA enters.
HOW IT TRADES
- One entry, one stop, one target. No grid, no martingale, no averaging, no recovery.
- Stop at the gap edge, with a minimum stop distance so no silly-tight stops.
- Optional breakeven when structure closes your way, optional time exit, optional go-flat time for end-of-day or prop rules.
- Risk % of equity or fixed lots. If the broker's minimum lot would risk more than your %, it skips the trade.
BUILT FOR PROP FIRMS
- Daily loss and max drawdown limits (static or trailing) stop new entries before your firm's line
- News freeze from the MT5 calendar - and if the calendar cannot be read, it freezes rather than guesses
- Session window with timezone handled for you, max spread filter
NEW IN 5.30 - SAME RULES AS MY NINJATRADER VERSION
A rule-book switch. Set it to NinjaTrader and the EA runs the exact rules of my NT8 SLM - same signals, same exits, same end-of-day flatten and breakeven handling. Plus the clean new panel, rebuilt to match the NT8 one. (MT5 trades CFDs and NT8 trades futures, so live results will differ - the rules do not.)
A rule-book switch. Set it to NinjaTrader and the EA runs the exact rules of my NT8 SLM - same signals, same exits, same end-of-day flatten and breakeven handling. Plus the clean new panel, rebuilt to match the NT8 one. (MT5 trades CFDs and NT8 trades futures, so live results will differ - the rules do not.)
SAFE BY DEFAULT
- Trading ships OFF. Nothing is placed until you switch it on. (The Strategy Tester always trades, so you can backtest straight away.)
- Hedging accounts only. One running copy per symbol and magic number.
- A restart picks the open trade back up with its real stop and target.
Full settings manual in the Comments section. MetaTrader 5, no DLL, no licence check.
MORE FREE TOOLS FROM ME
- PFX SLM + PFX SLM EA - structure and liquidity: change of character, fair value gap, return, close.
- PFX Equity Shield - an account-wide guardian for prop-firm rules: daily and max drawdown, hard lockout, profit targets.
- PFX Trade Copier - copy trades between MT5 terminals on the same PC, with a full dashboard.
- PFX RGM - momentum signals that only fire when the market regime and the higher-timeframe trend agree. The matching RGM EA is on its way.
- PFX Triple - one trade per signal, stop always on, everything measured in R. Coming to the Market.
- PFX TrendGrid - a trend-biased grid EA with whole-basket risk sizing, news controls and equity locks. Still in testing - it only goes up once I am happy with it.
A STRAIGHT WORD ON RESULTS
I do not quote profit factors, win rates or returns on this page. Backtest it on your own symbol and your own broker before you risk a penny - that is exactly what the EA side is there for.
I do not quote profit factors, win rates or returns on this page. Backtest it on your own symbol and your own broker before you risk a penny - that is exactly what the EA side is there for.
WHY FREE?
I am a disabled veteran and a retail trader. I build the tools I couldn't afford when I started, and I give them away. If one of them earns you something, donations are welcome - never required, and they unlock nothing.
