Trading utilities for MetaTrader 5

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MetaTrader 5

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Profi to Hunter

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Information

Experts
MetaTrader 5
Luis Ruben Rivera Galvez
1.10
5

Overview

This is a MetaTrader 5 (MQL5) expert advisor (EA) that implements a moving average crossover trading strategy with several advanced features. Here's a breakdown of its key components:

Strategy Logic:

  1. MA Crossover System:

    • Uses two moving averages (fast and slow) to generate signals

    • Can be configured with confirmation candles (CandleConfirmation parameter)

    • Has option for reverse logic (ReverseLogic parameter)

    • Can close positions on opposite cross (CloseOnCross parameter)

  2. Risk Management:

    • Implements two-level martingale system:

      • Primary martingale (for consecutive losses)

      • Secondary martingale (for stop-loss hits)

    • Maximum drawdown protection (MaxAccountDrawdownPercent)

    • Configurable stop loss and take profit levels

    • Money and margin checks before trading

  3. Position Management:

    • Two types of trailing stops:

      • Fixed pip distance (UseTrailingStop)

      • MA-based trailing (UseMATrailing)

    • Tracks position closures to manage martingale levels

  4. Time Management:

    • Configurable trading hours (TradingStartTime/EndTime)

    • Day-of-week filters

    • Market open/close detection

  5. Order Validation:

    • Checks volume steps and min/max limits

    • Verifies stop levels comply with broker requirements

    • Confirms sufficient margin before trading

Key Improvements:

  1. The dual martingale system provides more sophisticated position sizing than a simple martingale.

  2. Comprehensive time and day filters help avoid trading during unfavorable periods.

  3. Multiple safety checks (margin, volume, stops) help prevent order errors.

  4. The trailing stop options (both fixed and MA-based) offer flexibility in position management.

  5. Detailed logging helps track the EA's decisions and performance.


30-Day Money Back Guarantee

If for any reason you do not like the purchased program, you can request a refund within 30 days from the date of purchase. You can also make an exchange for any other product at an equal cost or by paying the difference.
Simply send a request for refund or exchange with your order number by email: support@fx-market.pro.
Refund requests received more than 30 days after purchase will be rejected.

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