Signal Trader

Signal Trader is an Expert Advisor for MetaTrader 5 that automates the closed-bar signals of four indicators: UT Bot, SuperTrend, Range Filter and Half Trend. It sends each order with an ATR stop and a fixed 0.01 lot. It suits traders who want these signals executed by rule.

This EA promises no profit. It automates signals and is not a strategy with a proven edge. Live, it trades only the one symbol and timeframe that passed testing. Every result below is a backtest.

Quick start

  1. Open an XAUUSD H4 chart (a prefixed or suffixed name is fine) and attach the EA from the Navigator. Keep Algo Trading enabled.
  2. Enter the preset from the screenshot: source SuperTrend, ATR period 10, multiplier 2.0, stop loss 3.0 x ATR.
  3. Read the Preset row on the panel. "validated" means orders may be sent. "not validated" means the EA sends none.
  4. Test on a demo account first.

Account

  • Minimum balance: 1,500 USD at 0.01 lot.
  • Recommended balance: 3,000 USD at 0.01 lot.
  • Why: in the out-of-sample backtest at 0.01 lot, the largest drawdown was 638 USD, the largest single loss was 272 USD, and the widest stop was about 450 USD. These are backtest figures, not a limit on future losses.
  • Leverage: 1:100 or higher. Hedging or netting account.
  • Standalone: Everything is built in. You do not need to buy or install any other product named on this page.

The rule

  • Signal: read once per bar from the last closed bar. It is never revised, so nothing repaints.
  • Entry: at the next bar's open, or the first tradable tick if the market is closed.
  • Stop: stop loss x ATR(14) of the signal bar. An optional target is a multiple of the stop distance, off by default.
  • Opposite signal: closes the position and reverses. A same-side signal is ignored.
  • Size: 0.01 lot, or the broker's minimum. One position per symbol and magic number. No grid, martingale or averaging.

Signal sources

One source is active at a time. The calculations are built into the EA, so nothing else needs installing. Each follows the same rules as my indicator of that name.

The validated preset

I tested 444 combinations of symbol, timeframe and signal source: 37 symbols, H1, H4 and D1, and four sources. Settings were fixed on 2020-01 to 2023-06 data. Each was then judged on 2023-07 to 2026-09 data, in Python and in the MetaTrader 5 Strategy Tester, on broker history. Only one passed both.

Item Value
Symbol and timeframe XAUUSD H4
Source SuperTrend, ATR period 10, multiplier 2.0
Stop 3.0 x ATR(14), no target
Strategy Tester, 2023-07 to 2026-09 211 trades, profit factor 1.52 (backtest)

Read this with care. About 2.5 of 444 combinations would pass by chance alone. In the settings period the same rule was weak (profit factor 1.11). The gain came from buys in a rising gold market. Sells were close to flat. Spread and swap are included. Commission is not.

Live and in the tester

  • Live: on any other symbol, timeframe or source the panel says "not validated". The EA raises one alert and sends no new orders.
  • Strategy Tester: it trades any symbol and timeframe, so you can try it. A result outside the preset is not validated.
  • Chart panel: source, chart, preset state, last signal, position, stop loss and lot.

Inputs

Input Default
Signal source UT Bot
UT Bot: key value, ATR period, EMA(200) trend 2.0, 10, off
SuperTrend: ATR period, multiplier, EMA(200) trend 10, 3.0, off
Range Filter: sampling period, range multiplier 100, 3.0
Half Trend: amplitude, minimum ADX 2, 25
Stop loss, x ATR(14) 2.0
Take profit, x the stop distance 0 (none)
Magic number; maximum slippage, points 26101701; 30
Show the panel; log every signal and trade true; false

The defaults are not the preset. Enter the preset values for XAUUSD H4 before you trade live.

Related products

  • Signal Trader Pro is a separate EA on the same engines and preset. It adds risk-percent sizing, a confirmation source, break-even, partial close, trailing stop, filters and a news filter.
  • All my products on MQL5

FAQ

Does it repaint? No. Decisions use closed bars only.

Why does it send no orders live? The chart's symbol, timeframe and source are not a validated preset. The panel says so.

Can I trade other symbols? Not live. In the tester, yes, for study only.

How do I report a problem? Turn on the log input, repeat it, and send the Experts tab lines with your inputs.

If it helps your trading, a short review on this page helps other traders find it.

Questions: use the comments on this page or send me a message on MQL5.

Trading involves risk of loss. Backtest results do not predict future results.

Mais do autor
Gold Trend Sentinel
Allan Aparece Ninal
O Gold Trend Sentinel é um Expert Advisor para XAUUSD no MetaTrader 5. Ele opera uma regra de tendência no gráfico H4 com lote fixo de 0.01 (ou o mínimo da corretora), um stop em cada ordem e um stop móvel. Esta é a edição com o lote fixado no mínimo. A mesma regra com tamanho de lote baseado no risco e proteção da conta é vendida como Gold Trend Sentinel Pro. O que você vê no gráfico Um painel de status: os dois filtros de tendência, o que o EA pode fazer agora, a operação aberta e seu stop móv
FREE
UT Bot Signal Alerts is a trend indicator for MetaTrader 5 that draws an ATR trailing stop line. It puts a buy or sell arrow on the bar where the close crosses it, with pop-up, sound, push and e-mail alerts. It is a charting tool. It places no trades and does not touch your orders. Arrows and alerts come from closed bars only. The arrow of a closed bar does not repaint. It is based on the UT Bot Alerts script known from TradingView and uses the same maths. Standalone: everything is built in. You
FREE
Gold Breakout Sentinel
Allan Aparece Ninal
Gold Breakout Sentinel is an Expert Advisor for MetaTrader 5 that trades XAUUSD on the H1 chart. It places pending stop orders at yesterday's high or low when a stochastic turn and a Bollinger Band filter agree. Every order has a fixed 0.01 lot and a fixed stop loss and take profit. The EA trades gold only. It is a rules-based daily breakout system, not a profit promise. My own tests found no proven edge. Quick start Enable Algo Trading and attach the EA to an XAUUSD H1 chart (XAUUSDm and XAUUSD
FREE
Candlestick Signal Alerts is a free indicator for MetaTrader 5 that marks 13 classic candlestick patterns on the chart. Each gets an arrow and a short label on the bar that completes it, and the indicator can alert you when one appears. It is for traders who read candles and want the patterns found for them. It works on closed bars only. A mark appears when its bar has closed and never moves or disappears. It places no orders. Quick start Attach the indicator to any chart and timeframe. Marks ap
FREE
Divergence Signal Alerts is a free indicator for MetaTrader 5 that finds RSI and MACD divergences on the chart. It draws a line between the two price pivots. It puts an arrow on the bar where the divergence became known, and it can send alerts. Signals come from closed bars only. A pivot is known only a few bars after it forms. The arrow goes on that later bar and never moves or disappears. It places no orders. Quick start Attach the indicator to any chart and timeframe. It scans the last 2000 c
FREE
Harmonic Signal Alerts is a free indicator for MetaTrader 5 that finds ABCD, Gartley and Bat patterns on the chart. When price reaches a pattern's potential reversal zone, it draws the XABCD lines, the zone and an arrow. It can also alert you. It works only from swings that are already confirmed and from closed bars. A pattern is drawn on the bar where it became known. It is never moved or removed afterwards. Quick start Attach the indicator to a chart. It scans the last 3000 closed bars. Leave
FREE
Gann HiLo Swing
Allan Aparece Ninal
Gann HiLo Swing is a free indicator for MetaTrader 5 with two of W.D. Gann's tools: the HiLo Activator line and the 2-bar swing chart. It shows the trend side and the swings. An arrow and an alert mark the start of a new trend. Everything comes from closed bars, so nothing on the chart changes after its bar has closed. Quick start Attach the indicator to any chart. It draws on the price chart. Keep the HiLo period at 3 (Gann's own), or raise it for fewer trend changes. Read the line. Blue is an
FREE
Vitals
Allan Aparece Ninal
Vitals shows the state of your trading account on a single screen: balance and margin, current risk, open positions, market ranges, results by period, and a statistics panel, arranged on one grid so the figures can be read at a glance rather than gathered from several terminal windows. Vitals is a display panel. It does not place, modify or close orders. Floating drawdown A history report records what a position earned. It does not record how far the account moved below its balance while that po
FREE
EA Health Monitor
Allan Aparece Ninal
EA Health Monitor is a free indicator for MetaTrader 5 that shows how each Expert Advisor on your account is doing. It groups the account history by magic number. Every EA gets its own row. Manual trades have a row of their own, and a total sits at the bottom. It only reads the account history and open positions. It never opens, changes or closes a trade. Standalone: Everything is built in. You do not need to buy or install any other product named on this page. Quick start Attach EA Health Monit
FREE
Gold Breakout Sentinel Pro is an Expert Advisor for MetaTrader 5 that trades XAUUSD on the H1 chart around a daily breakout entry. It adds risk-based position sizing, account protection and news, time and spread filters. It also has trade management, panel buttons and push alerts. Rules-based, not a profit promise. My own tests found no proven edge. The entry rule is that of the free edition. This page covers what Pro adds around it. Quick start Enable Algo Trading and attach the EA to an XAUUSD
O Gold Trend Sentinel Pro é um Expert Advisor para XAUUSD no MetaTrader 5 que dimensiona cada operação a partir de um nível de risco, para por conta própria em caso de perda diária ou drawdown, e pode pausar em torno de notícias de alto impacto do USD. A regra de entrada é a mesma do Gold Trend Sentinel gratuito. O Pro acrescenta tamanho de lote, proteção da conta, filtros, alertas e botões no painel. O que você vê no gráfico Painel de status: linhas Lot, Risk, Protect e Filters, a operação aber
Half Trend ADX
Allan Aparece Ninal
Half Trend ADX é um indicador de tendência para MetaTrader 5. Ele desenha uma linha de tendência, setas de compra e venda e alertas, e pode ignorar tendências fracas com um filtro ADX. É um indicador, não um sistema de trading: não abre ordens nem gerencia operações. O que você vê no gráfico Linha Half Trend: azul enquanto a tendência é de alta, vermelha enquanto é de baixa. Setas de compra e venda: uma seta na barra em que a tendência virou. Canal ATR: duas linhas pontilhadas opcionais ao redor
UT Bot Scanner MT5
Allan Aparece Ninal
UT Bot Scanner MT5 is a scanner indicator for MetaTrader 5 that shows the UT Bot buy or sell side of many symbols and timeframes in one panel. It sends an alert when a new signal appears. The calculation is the same as in the free UT Bot Signal Alerts indicator, which covers one chart. The scanner runs it for a whole list, so you need not flip through charts. It places no orders. Cells use closed bars only, so a cell does not change after its bar has closed. Standalone: everything is built in. Y
Candlestick Scanner MT5 is a scanner indicator for MetaTrader 5 that watches many symbols and timeframes for 21 candlestick patterns. Each cell of its panel shows the latest pattern. A context filter can keep only patterns at a recent low (bullish) or high (bearish). A statistics table shows what price did after each pattern in your own history, next to the same measure for any bar. It is for traders who want to check a whole watchlist in one place. It works on closed bars only. A cell never cha
Divergence Scanner MT5 is a scanner indicator for MetaTrader 5. One panel shows the latest RSI, MACD, Stochastic, CCI and OBV divergence on many symbols and timeframes. It shows how long ago each was confirmed and how many oscillators agree, and it sends an alert when a new one appears. It runs the same divergence engine as the free Divergence Signal Alerts indicator, for a whole list of charts at once. It adds three more oscillators and a count of how many agree. It places no orders. Cells use
EA Health Monitor Pro is an indicator for MetaTrader 5 that watches every Expert Advisor on your account. It shows one row per EA, by magic number. Manual trades get their own row, and each EA gets a result curve. Alarms fire when floating loss or drawdown passes your limit, or when an EA goes quiet. It only reads the account history and open positions. It never opens, changes or closes a trade. Standalone: Everything is built in. You do not need to buy or install any other product named on this
Gann Toolkit MT5
Allan Aparece Ninal
Gann Toolkit MT5 is an indicator for MetaTrader 5 that draws W.D. Gann's price and time tools from the swings it confirms: Square of 9 levels, Gann fan angles and the Gann box. It also draws the HiLo Activator and swing line of the free Gann HiLo Swing . A multi-symbol HiLo trend table and alerts are included. The levels, angles and box use confirmed swing pivots on closed bars. They change only when a new swing is confirmed. Quick start Attach the indicator to a chart. The HiLo line, swing line
Harmonic Scanner MT5 watches many symbols and timeframes at once for eight harmonic patterns: ABCD, Gartley, Bat, Alternate Bat, Butterfly, Crab, Deep Crab and Cypher. One panel shows where a pattern has just reached its potential reversal zone. It also shows where one is forming close to its zone, and how long ago the last one completed. It uses only confirmed swings and closed bars. A completed pattern in a cell never changes afterwards. Quick start Attach the indicator to any chart. The panel
Prop Rules Monitor is a free indicator for MetaTrader 5 that shows how close a prop-firm account is to its daily loss limit and its max loss. It reads live equity, the way firms measure it. It warns you before a limit and when a limit is broken. It only watches. It never opens, closes or changes a trade, so it works without Algo Trading. Standalone: Everything is built in. You do not need to buy or install any other product named on this page. Quick start Attach the indicator to any chart. Enter
FREE
Prop Rules Guard MT5 is a utility (Expert Advisor) for MetaTrader 5 that keeps a prop-firm account inside its rules. It measures the daily loss limit and the max loss on equity, the way the firm does. At a safety buffer before a limit, it closes your trades and keeps the account flat until the firm's daily reset. It never opens a trade. It works with manual trading and with other Expert Advisors on the same account. Standalone: Everything is built in. You do not need to buy or install any other
Risk Position Tool is a free position size calculator for MetaTrader 5. Drag the entry, stop-loss and take-profit lines on the chart. It shows the lot for your risk, the money at the stop and target, the reward:risk ratio and the margin. It only calculates. It never places, changes or closes an order, so it is safe on any account. Standalone: Everything is built in. You do not need to buy or install any other product named on this page. Quick start Attach the indicator to the chart of the symbol
FREE
Risk Trade Manager MT5 is a utility (Expert Advisor) for MetaTrader 5 that turns three chart lines into a correctly sized order, then manages the trade. Drag the entry, stop-loss and take-profit lines and read the lot for your risk. Press OPEN to send a market or pending order. It opens a trade only when you press OPEN. It has no strategy and gives no signals. Standalone: Everything is built in. You do not need to buy or install any other product named on this page. Quick start Attach it to the
Range Filter Signals is a free indicator for MetaTrader 5. Its range filter line moves only when price travels further than its smoothed average range, so it stays flat in choppy price action and follows a real move. Buy and sell arrows mark the turns, with alerts. It places no orders. Everything comes from closed bars, so an arrow never appears and then disappears. Standalone: everything is built in. You do not need to buy or install any other product named on this page. Quick start Attach it t
FREE
Range Filter Scanner MT5 is a scanner indicator for MetaTrader 5. One panel shows the latest range-filter signal on many symbols and timeframes, how many bars ago it came, and whether the next timeframe to the right agrees. It sends an alert when a new signal appears. It places no orders. It runs the same range-filter engine as the free Range Filter Signals indicator, for a whole list of charts at once, on closed bars only. Standalone: everything is built in. You do not need to buy or install an
Sequential Countdown is a free MetaTrader 5 indicator for traders who use the 9-13 sequential count. It numbers the setup (1 to 9) and the countdown (1 to 13) on the chart, marks each perfected 9, and alerts you on every 9 and 13. It counts closed bars only. A number never changes after its bar has closed, and nothing is drawn on the forming bar. It places no trades. Standalone: Everything is built in. You do not need to buy or install any other product named on this page. Quick start Attach it
FREE
Sequential Scanner MT5 is a panel indicator for MetaTrader 5 that runs the 9-13 sequential count on many symbols and timeframes at once. Each cell shows a fresh 9 or 13, a count one bar from completing, or a countdown in progress. Otherwise it shows the latest 9 or 13 and how many bars ago it came. It counts closed bars only. A cell never changes after its bar has closed. It places no trades. Standalone: Everything is built in. You do not need to buy or install any other product named on this pa
SMC Session Scanner MT5 is a panel indicator for MetaTrader 5 that watches many symbols and timeframes for smart-money structure and session levels. For each symbol and timeframe it shows one of these: a fresh break of structure (BOS), a change of character (CHoCH), or a fresh liquidity sweep. It also shows price inside a live order block or fair value gap. Otherwise it shows the latest break and how long ago it was. A Session column shows the session now. It also shows today's first close beyon
SMC Zones
Allan Aparece Ninal
SMC Zones is a free smart money concepts indicator for MetaTrader 5. It draws order blocks, fair value gaps and BOS / CHoCH structure lines on any symbol and timeframe, with alerts for new and touched zones. It is a charting tool. It draws zones and sends alerts; it places no trades and does not say when to buy or sell. Every zone is decided on a closed bar, so it does not repaint. Standalone: everything is built in. You do not need to buy or install any other product named on this page. Quick s
FREE
Session Levels
Allan Aparece Ninal
Session Levels is a free MetaTrader 5 indicator that draws the Asia, London and New York session boxes, the previous day and week high and low, and today's open. It alerts you when a closed bar breaks a level. It places no trades. It shows levels, not entries, and alerts use closed bars only. Standalone: everything is built in. You do not need to buy or install any other product named on this page. Quick start Attach it to an M1 to H4 chart. The session boxes and levels are drawn for the last 5
FREE
SuperTrend Signal Alerts is a free SuperTrend indicator for MetaTrader 5. It colours the trend line blue or red, puts a buy or sell arrow on every trend change and sends alerts, with optional EMA and RSI filters on the arrows. It places no trades and does not touch your orders. Arrows and alerts come from closed bars, so a signal never appears and then disappears. The calculation follows the SuperTrend indicator as published on TradingView. Standalone: everything is built in. You do not need to
FREE
Filtro:
Sem comentários
Responder ao comentário