SwingMaster EA

SwingMaster EA: Capture Short-term Swings & Position Management

SwingMaster EA is an automated trade management utility for MetaTrader 5 designed to assist traders with catching potential short-term market swings under stable market conditions and position management, grid layering entries, and trailing stop options. The EA manages both manual entries and automated trades using a configurable smart trailing logic and Parabolic SAR rejection rules.

Core Features & Functionality

1. Position Management & Layering

• Pending Order Grid: Option to place up to 6 pending limit orders at user-defined distances from the initial trade entry or Stop Loss level.

• Flexible Lot Sizing: Supports fixed lot sizes, multiplier scaling, or risk-based calculations (% of account equity).

• State Persistence: Tracks active orders across terminal restarts to maintain position management continuity.

2. Trailing Stop Options

• Parabolic SAR Trailing: Independent Parabolic SAR parameters (Timeframe, Step, Maximum) can be assigned to initial positions, grid layers, or reverse positions.

• Profit-Gated Trailing: Trailing stops update only when the position is in positive territory.

• Volatility Trailing (ATR Stop): Adjusts trailing stop distances based on market volatility measured by the Average True Range (ATR) indicator. Trailing distances dynamically tighten or relax based on user-configured volatility threshold settings.

3. Reverse Hedging Mechanics

• Timed Reverse Orders: Option to schedule reverse hedge entries with a configurable delay (from 1 second to 8 hours).

• Duplicate Prevention: Prevents redundant hedge positions on the same symbol.

4. On-Chart Visual Dashboard

• Support & Resistance Grid: Displays up to 6 Support and Resistance pairs calculated across M30 to 1W timeframes.

• Dashboard Controls: Includes chart buttons to toggle Break-Even settings, Parabolic SAR trailing, and ATR volatility trailing.

Technical Specifications & Setup

• Symbol Compatibility: Functions on currency pairs, commodities, and equity indices.

• Filtering Options: Filter trades by Magic Number, Order Comment, or target manual trades exclusively.

• Account Modes: Compatible with both Hedging and Netting account types.

• Calibration: Users are encouraged to calibrate ATR periods and volatility thresholds for specific trading instruments on a demo account prior to deployment on a real account.