Narwhal

Narwhal EA is a professional range breakout Expert Advisor designed for MT5. The EA scans a customisable price range and executes breakout trades using either virtual or real pending orders. Built for fast execution, controlled risk management and prop-firm friendly protection systems.

Designed primarily for:

• BTCUSD
• XAUUSD
• EURUSD
• GBPUSD
• Major FX pairs

Recommended rangeScan timeframe:

• M1 
• M2

Narwhal includes advanced trade management features such as virtual TP/SL, trailing stop, breakeven, equity protection, news filtering and one-direction breakout enforcement to prevent simultaneous buy/sell exposure.

The EA supports both live trading and strategy testing.

Important:
For the news filter to function correctly:

Go to:
Tools → Options → Expert Advisors

Enable:
“Allow WebRequest for listed URL”

Add:

INPUT SETTINGS

Basic Parameters

• Trade Buy / Trade Sell – Enable or disable buy/sell trading
• Order Comment – Custom trade comment
• Max Spread – Maximum allowed spread before trading
• Start Range Hour / End Range Hour – Defines the breakout scan session
• Delete Off Hours – Removes pending orders outside trading hours
• Use Position Close Time – Closes trades at a specified time
• Magic – Unique EA identifier

Strategy Settings

• Use Virtual Pending – Use hidden virtual breakout entries
• Range Scan Timeframe – Timeframe used to scan the breakout range
• Buffer Points To Range – Distance added above/below range before entry
• Expiry Bars – Cancels unused breakout setups after X bars
• Max Breakouts Per Day – Maximum breakout cycles per day
• Max Buy Orders / Max Sell Orders – Maximum simultaneous entries
• Initial Lot – Starting lot size
• Autolot – Automatic lot scaling based on free margin
• AutoLotStep – Margin required per 0.01 lot
• RiskMode – Risk-based lot sizing
• RiskPercent – Percentage risk per trade
• Max Lot – Maximum allowed lot size

Trade Management

• TP Mode – Real or hidden virtual take profit
• TP – Take profit distance in points
• SL Mode – Real or hidden virtual stop loss
• SL – Stop loss distance in points
• BE Start – Distance before breakeven activates
• BE Lock – Locked profit after breakeven
• Trail Mode – Real or virtual trailing stop
• Trail Start – Distance before trailing activates
• Trail Distance – Trailing stop distance
• Use Equity Protector – Daily account protection system
• Max Daily Loss Percent – Stops trading if daily loss limit is reached

News Filter

• UseNews – Enable or disable news filter
• NewsHigh / Medium / Low – Select impact level filtering
• NewsBeforeMin – Minutes before news to stop trading
• NewsAfterMin – Minutes after news before trading resumes

Features

• Virtual and real pending orders
• Virtual TP/SL system
• Break-even management
• Real and virtual trailing stop
• News filter integration
• Daily equity protection
• Prop-firm friendly protection system
• One-side breakout enforcement
• Multi-asset compatibility
• Optimised strategy tester version
• Full visual panel version
• Fast execution architecture

Please Send me a message for setfiles
Use proper risk management at all times.