Trading Buddy MT5 Bot

? EA Description: USDJPY Trading Buddy EA MT5 BOT

Version: 1.00
Instrument: USDJPY
Platform: MetaTrader 5 (MT5)
EA Type: Trend-following, Moving Average Crossover System

? Overview

USDJPY Trading Buddy EA MT5 BOT is a fully automated Expert Advisor designed to trade the USDJPY pair on MetaTrader 5. The EA uses a triple moving average strategy to identify trend directions and execute trades with built-in risk management features such as stop loss, trailing stop, cooldown time between trades, and a detailed on-chart panel for user insights.

? Entry Logic

The EA is built around three key Simple Moving Averages (SMA):

• Short MA (fast) – default period: 5

• Long MA (medium) – default period: 10

• Stop MA (slow) – default period: 50

? Buy Conditions

A buy trade is triggered when:

• Short MA > Long MA

• Long MA > Stop MA

• The previous trade was not also a buy (to prevent duplicate entries)

? Sell Conditions

A sell trade is triggered when:

• Short MA < Long MA

• Long MA < Stop MA

• The previous trade was not also a sell

The EA only takes trades when there is no open position and after a cooldown period.

?️ Risk Management

• Stop Loss (SL): Fixed, configurable (default: 1200 points)

• Trailing Stop: Optional trailing stop with step and distance control (default: 3500 points with 1000 step)

• Cooldown Timer: Prevents over-trading by enforcing a waiting period between trades (default: 30 minutes)

• Max Trades: Limits the number of trades (default: 5)

⚙️ Key Settings

• Lot Size: Configurable (default: 0.01)

• MA Timeframe: Applied timeframe for moving averages (default: H4)

• Signal Timeframe: Used for potential future filtering or confirmation (default: M15)

• Trade Window: Only trades between 06:00 and 13:00 server time

? Panel Info (On-Chart Display)

The EA features a live panel that displays:

• EA name and version

• Moving Average settings and timeframes

• Lot size and Stop Loss status

• Trailing Stop status and configuration

• Enabled trade directions (Buy/Sell)

• Cooldown time

• Last trade type

• Current market price

This helps traders track EA decisions and trading context in real time.