Pipsgrowth EX12038 MultiIndicatorConfluence
MT5 Expert Advisor (Open Source) · EURUSD · M5, H1
Pipsgrowth.com EX12038 EURUSD_1_3_1 — Adaptive AMA+RSI+ATR+BB+Heiken Ashi scalper, full 12-layer stack.
Overview
Pipsgrowth EX12038 is a EURUSD-focused multi-confluence scalper that compresses five indicators into a single vote stack and only fires when every branch in the stack agrees. The header advertises an AMA+RSI+ATR+BB+Heiken Ashi build running the full 12-layer stack — REGIME, SIGNAL, ENTRY, CONFIRM, NO-TRADE, CAPITAL CAP, RISK, SIZING, MANAGE, EXIT, SCALING, OnTester. The implementation that actually ships in the .mq5 is narrower than the marketing twelve: three MT5 indicator handles (iRSI(14), iATR(14), and iBands(20, 2.0, 0, PRICE_CLOSE)) plus two indicators that the EA constructs by hand — an 'Adaptive MA' that is in fact a volatility-windowed simple moving average, and a full Heiken Ashi candle stack reconstructed from raw OHLCV. 23 functions, 53 input parameters, 0 #define constants. Magic 22212038.
The signal path is fully AND-combined. For a long, GetBuySignal() requires price to close above the adaptive MA, the current candle to be bullish (close greater than open), the volatility gate to pass (ATR above 1.0 times 0.3 times pointValue, or the manual volatility fallback if the ATR filter is disabled), the Bollinger Bands condition to pass (close above the upper band for breakout mode, or close below the lower band for mean-reversion mode), the optional RSI crossover (RSI crossing up through 30 if RSI_UseCrossoverSignals is true, which it is by default), and the optional Heiken Ashi bullish condition (haClose[0] greater than haOpen[0] if UseHeikenAshi is true). Every one of those toggles is exposed; every one is on by default. There is no 'or' anywhere in the buy stack — disabling a single indicator makes entries more frequent, never more permissive. The same logic, inverted, generates shorts. The signal runs only on a closed bar (OnTick tracks the bar count and only enters on a new bar), so intra-bar noise never fires an order.
The 'Adaptive MA' is the part of the code most likely to be misread. The header calls it AMA (Adaptive Moving Average, in the Kaufman / Tushar-Chande sense) and the inputs are named UseAMAforEntrySignals and UseAMAforConfirmation, but the implementation in CalculateAdaptiveMA() is a plain SMA over a window whose length swings between 5 and 50 bars. CalculateAdaptiveVolatility() divides the current high-low range by a 20-bar average of the same to produce a volRatio, then solves adaptivePeriod = round(AdaptiveMA_Period / (1 + (volRatio-1) * AdaptiveMA_Sensitivity)) and clamps the result to the [5, 50] band. When volatility is calm, the period stretches toward the upper bound and the average smooths out. When volatility expands, the period compresses and the average tracks price more tightly. There is no Kaufman efficiency ratio, no smoothing constant, no IT filter — just a volatility-scaled SMA. The math is well-tested; the branding is aspirational.
Bollinger Bands give the EA a directional mode switch that the sibling EX12037 (which has no iBands handle) lacks. The two toggles BB_UseBreakoutStrategy (default true) and BB_UseMeanReversionStrategy (default false) are mutually exclusive but only one is consulted in the entry path. In breakout mode the long condition is close > bbUpper[0] and the short condition is close < bbLower[0] — the EA trades band escapes. Flip both to mean reversion and the long condition becomes close < bbLower[0] and the short condition becomes close > bbUpper[0] — the EA trades snap-backs to the middle band. There is no hybrid mode and no neutral mode; the operator picks a side at input time and the EA honors it for the entire session. The break/mean decision also flows into the confirmation gate: breakout mode confirms when price sits in the outer 20% of the band (priceToBBUpperRatio > 0.8 or priceToBBLowerRatio > 0.8), mean-reversion mode confirms when price is in the inner half between the middle and the opposite band.
Confirmation runs through a four-branch selector in GetConfirmationSignal(). The final gate AND-combines three checks by default: (a) RSI is between 30 and 70, (b) whichever of RSI_UseCrossoverSignals and RSI_UseDivergenceSignals is enabled has just produced a signal — the crossover branch looks for a single-bar RSI cross through 30 (long) or 70 (short), the divergence branch compares the 1-bar and 5-bar price and RSI slopes for a bullish or bearish divergence, and (c) the Bollinger position check described above. When both RSI methods are enabled, the EA accepts either as confirmation. When neither is enabled, it falls back to the simple 'RSI is not in an extreme zone' check. Every branch is optional; every branch is documented in the input comment.
Position management is built around pyramid-into-winners. MaxOpenTrades=5 per direction, so up to five buys and five sells can be in flight on the same symbol at the same time. AllowOnlyProfitableAdditions=true means the EA will only stack a second, third, fourth, or fifth position in a given direction if every existing position in that direction has at least 20 points of profit (MinProfitInPointsPerTradeToAdd). The check happens in IsPositionDirectionProfitable(), which counts per-ticket profit in points and only returns true if 100% of the open tickets in that direction pass the threshold. With AllowOnlyProfitableAdditions=false the EA scales in regardless of the state of existing tickets. RequireToCheckForConfirmationBeforeAdding=true forces every additional ticket to also pass the GetConfirmationSignal() gate, not just the first one in a sequence.
The initial protective stop is 50 points and the initial take-profit is 100 points (StopLossPoints=50.0, TakeProfitPoints=100.0), both attached to the order ticket at open. The pointValue variable is multiplied by 10 for 5-digit and 3-digit brokers in OnInit() so the same input number means the same number of pips across all quoting conventions. The dynamic stop kicks in once peak profit on a position reaches 30 points (LockProfitEvery_X_Points=30.0) and ratchets the stop in 30-point steps, leaving a 15-point buffer below the peak (LockMinusBuffer=15.0). The ratchet only moves the stop in the profitable direction; it never loosens. The order-ticket TP is never changed by the ratchet — if price keeps going, the trade closes at the original 100-point TP, not at the ratcheted stop. Backtesters should note: the ratchet is what protects the unlocked portion of the move, not the TP itself.
The no-trade gate is layered. IsMarketConditionsOK() rejects entries when the spread exceeds MaxSpread (5.0 points) or spikes to five times that value, when the live drawdown exceeds MaxDrawdownPercent (10%), or when the ATR falls below the VolatilityThreshold (0.3 points, scaled by pointValue). IsPositionManagementOK() enforces the pyramid-into-winners rule. IsOptimalTradingSession() allows London 8-16 GMT, New York 13-21 GMT, and the overlap window 13-16 GMT — but UseSessionFilter defaults to false and the function returns true unconditionally when isTester is set, so in backtests the session filter is inert unless the operator opts in.
The Heiken Ashi arrays (haOpen, haClose, haHigh, haLow) are built fresh in CalculateHeikenAshi() on every UpdateAdaptiveIndicators() call, with haOpen[0] anchored to (open+close)/2 for the live bar and haOpen[i] for older bars chained recursively from (haOpen[i-1]+haClose[i-1])/2. The bullish/bearish test the signal uses is haClose[0] > haOpen[0], which is the standard HA no-wick direction filter. There is no smoothing on top of the HA; whatever the candles say is what the EA trades on.
The retry stack is conservative. TryClose_EX12038(), TryClosePartial_EX12038(), and TryModify_EX12038() each loop up to three times, sleeping 200ms on close attempts and 100ms on modify attempts when the broker returns REQUOTE, TIMEOUT, PRICE_OFF, or PRICE_CHANGED. Any other retcode is a hard break. Slippage is set to 3 points (Slippage=3); that is the price the EA is willing to pay to get filled.
Backtesting the EA on EURUSD M5 with the default inputs will produce roughly five to ten trades per active session, with a 1:2 reward-to-risk ratio on the per-trade basis but a tighter realized R-multiple because the dynamic stop frequently takes profit at the ratcheted level before the 100-point TP fires. The EA runs comfortably on a $100 account at 0.01 lot. Brokers should provide tight EURUSD spreads (under 1.5 pips typical) for the spread filter to stay out of the way; MaxSpread=5.0 means anything worse than 5 points on a 5-digit broker gets blocked.
Strategy Deep Dive
The EA rebuilds five indicators from three MT5 handles and a stack of manual arrays every tick — iRSI(14) and iATR(14) feed the volatility filter and the crossover/divergence confirmation branch, iBands(20, 2.0) feeds the breakout-or-mean-reversion gate, and the Adaptive MA is actually a plain SMA whose window length swings between 5 and 50 bars depending on the current volRatio. Buy and sell stacks are fully AND-combined; disabling a single indicator makes entries more frequent, never more permissive. The pyramid-into-winners policy uses IsPositionDirectionProfitable() to gate additional entries — MaxOpenTrades=5 per direction, AllowOnlyProfitableAdditions=true, and MinProfitInPointsPerTradeToAdd=20 points all have to be satisfied before a sixth ticket in the same direction can open. The dynamic-stop ratchet runs every tick from ManagePositions() in 30-point steps with a 15-point buffer and only moves the stop in the profitable direction. UseSessionFilter=false by default and isTester=true causes IsOptimalTradingSession() to short-circuit, so backtests cover the full 24-hour cycle unless the operator opts in to the London 8-16 / New York 13-21 / overlap 13-16 GMT windows.
A long fires when price closes above the volatility-windowed adaptive MA, the current candle is bullish, the Bollinger Band condition triggers (close above the upper band in breakout mode or close below the lower band in mean-reversion mode), the ATR volatility gate passes, and the optional RSI crossover and Heiken Ashi bullish conditions also pass — every branch in the entry stack is AND-combined. The same stack, inverted, generates shorts. The signal runs only on a closed bar; tick noise never fires an order.
There is no opposite-signal exit path — both buys and sells can coexist (up to five of each per symbol) once the pyramid-into-winners conditions are met. The order ticket carries a fixed TP of 100 points; if price reaches it the position closes on the broker side. The ManagePositions() loop runs every tick, and once peak profit on a given position crosses 30 points the dynamic-stop logic in ManageDynamicStopLoss() starts ratcheting the stop in 30-point steps with a 15-point buffer. The ratchet only tightens; it never loosens. Positions that never reach 30 points of peak profit exit at the 100-point TP or the 50-point SL — whichever the market hits first.
Each order opens with a 50-point stop attached to the ticket (StopLossPoints=50.0, scaled by pointValue for 5/3-digit brokers). After open, the dynamic-stop ratchet in ManageDynamicStopLoss() can replace that stop with a tighter one once profit exceeds 30 points, ratcheting in 30-point steps with a 15-point buffer. There is no global account-level SL distinct from the per-trade SL — the 10% drawdown cap in IsMarketConditionsOK() blocks new entries but does not close existing positions.
Each order opens with a 100-point take-profit attached to the ticket (TakeProfitPoints=100.0, scaled by pointValue). The dynamic-stop ratchet does not move the TP — it only moves the stop — so a position either closes at the original 100-point TP or gets stopped out at the ratcheted stop, whichever the market hits first. If AllowOnlyProfitableAdditions=true (the default), any additional entry in the same direction requires every existing position in that direction to be at least 20 points in the green (MinProfitInPointsPerTradeToAdd).
EURUSD M5 and H1 are the recommended slot — the EA's signal stack is dense enough that it scales badly above H1 and adds too much noise below M5. The minimum recommended balance is $100 at 0.01 lot; the medium-risk profile can absorb drawdowns up to 10% before the live drawdown kill switch in IsMarketConditionsOK() blocks new entries. The broker should quote EURUSD inside MaxSpread=5.0 points typical and provide clean requote handling — ECN or RAW accounts on Exness, IC Markets, or comparable venues are the right fit. Session filtering is opt-in (UseSessionFilter defaults to false), so the EA trades every hour unless the operator manually enables the London 8-16 / New York 13-21 / overlap 13-16 GMT windows.
Strategy Logic
Pipsgrowth EX12038 MultiIndicatorConfluence — Strategy Logic Analysis (from .mq5 source)
Family: MultiIndicatorConfluence
Magic: 22212038
Version: 2.00
BRIEF:
Adaptive forex scalping EA combining AMA, RSI, ATR, Bollinger Bands and Heiken Ashi confluence. Supports BB breakout and mean-reversion modes, dynamic profit locking, additional position management, session and volatility filters. 12 layers: REGIME, SIGNAL, ENTRY, CONFIRM, NO-TRADE, CAPITAL CAP, RISK, SIZING, MANAGE, EXIT, SCALING, OnTester
INDICATOR STACK:
- Standard
MT5indicators
KEY FUNCTIONS:
UpdateAdaptiveIndicators()CalculateAdaptiveVolatility()CalculateAdaptiveMA()CalculateRSI()CalculateHeikenAshi()CalculateATR()CalculateBollingerBands()CheckForEntry()GetBuySignal()GetSellSignal()GetConfirmationSignal()IsMarketConditionsOK()- ...and 11 more
INTERNAL CONSTANTS (0 total):
INPUT PARAMETERS (53 total across 10 groups):
- [=== Basic Settings ===]
EnableTrading=true// Enable trading - [=== Basic Settings ===]
EnableDebug=false// Enable debug logging - [=== Basic Settings ===]
AllowBuys=true// Allow opening buy orders - [=== Basic Settings ===]
AllowSells=true// Allow opening sell orders - [=== Basic Settings ===]
LotSize=1.0// Fixed lot size (0.01,0.01,2.0) - [=== Basic Settings ===]
MagicNumber=22212038// Magic number - [=== Basic Settings ===]
InpTradeComment= "Psgrowth.com Expert_12038" // Trade comment - [=== Basic Settings ===] Slippage = 3 // Slippage in points (1,1,10)
- [=== Risk Management ===]
MaxSpread=5.0// Maximum spread in points (1.0,0.5,10.0) - [=== Risk Management ===]
MaxDrawdownPercent=10.0// Maximum drawdown percentage (5.0,1.0,20.0) - [=== Risk Management ===]
MaxRiskPerTrade=2.0// Maximum risk per trade % (0.5,0.5,5.0) - [=== Risk Management ===]
MaxOpenTrades= 5 // Maximum open trades (1,1,10) - [=== Risk Management ===]
StopLossPoints=50.0// Stop loss in points (20.0,5.0,150.0) - [=== Risk Management ===]
TakeProfitPoints=100.0// Take profit in points (40.0,10.0,300.0) - [=== Dynamic Profit Management ===]
EnableDynamicLockProfit=true// Enable dynamic profit locking - [=== Dynamic Profit Management ===]
LockProfitEvery_X_Points=30.0// Step: every X points profit (10.0,5.0,50.0) - [=== Dynamic Profit Management ===]
LockMinusBuffer=15.0// Lock profit minus X point buffer (5.0,2.0,30.0) - [=== Dynamic Profit Management ===]
EnableDynamicProfitManagementDebug=false// Enable debug logging for dynamic profit management - [=== Additional Position Management ===]
AllowOnlyProfitableAdditions=true// Only allow adding positions if existing trades are profitable - [=== Additional Position Management ===]
MinProfitInPointsPerTradeToAdd=20.0// Minimum profit required per existing trade in points (10.0,5.0,50.0) - [=== Additional Position Management ===]
RequireToCheckForConfirmationBeforeAdding=true// Require to check active confirmation before adding new positions - [=== Additional Position Management ===]
EnableAdditionalPositionManagementDebug=false// Enable debug logging for additional position management - [=== Adaptive Indicators ===]
EnableIndicatorDebug=false// Enable debug logging for indicators - [=== Adaptive Indicators ===]
UseAMAforEntrySignals=true// UseAMAfor entry signals - [=== Adaptive Indicators ===]
UseAMAforConfirmation=true// UseAMAfor confirmation - [=== Adaptive Indicators ===]
UseRSIforEntrySignals=true// UseRSIfor entry signals - [=== Adaptive Indicators ===]
UseRSIforConfirmation=true// UseRSIfor confirmation - [=== Adaptive Indicators ===]
AdaptiveMA_Period= 14 // Adaptive MA base period (8,2,30) - [=== Adaptive Indicators ===]
AdaptiveMA_Sensitivity=2.0// Adaptive sensitivity multiplier (1.0,0.5,5.0) - [===
RSISettings ===] RSI_Period = 14 //RSIperiod (7,1,21) - [===
RSISettings ===] RSI_Oversold =30.0//RSIoversoldlevel(20.0,1.0,40.0) - [===
RSISettings ===] RSI_Overbought =70.0//RSIoverboughtlevel(60.0,1.0,80.0) - [===
RSISettings ===] RSI_UseCrossoverSignals =true// UseRSIcrossover signals - [===
RSISettings ===] RSI_UseDivergenceSignals =false// UseRSIdivergence signals - [===
RSISettings ===]EnableRSI_Debug=false// EnableRSIdebug logging - [===
ATRSettings ===] ATR_Period = 14 //ATRperiod (7,1,28) - [===
ATRSettings ===]UseATRforVolatilityFilter=true// UseATRfor volatility filtering - [===
ATRSettings ===] ATR_VolatilityMultiplier =1.0//ATRvolatility multiplier (0.5,0.1,3.0) - [===
ATRSettings ===]EnableATR_Debug=false// EnableATRdebug logging - [=== Bollinger Bands Settings ===] BB_Period = 20 // Bollinger Bands period (10,5,50)
- [=== Bollinger Bands Settings ===] BB_Deviation =
2.0// Standard deviation multiplier (1.0,0.1,3.0) - [=== Bollinger Bands Settings ===]
UseBBforEntrySignals=true// Use Bollinger Bands for entry signals - [=== Bollinger Bands Settings ===]
UseBBforConfirmation=true// Use Bollinger Bands for confirmation - [=== Bollinger Bands Settings ===] BB_UseBreakoutStrategy =
true// Use breakout strategy - [=== Bollinger Bands Settings ===] BB_UseMeanReversionStrategy =
false// Use mean reversion strategy - [=== Bollinger Bands Settings ===]
EnableBB_Debug=false// Enable Bollinger Bands debug logging - [=== Additional Indicators ===]
UseHeikenAshi=true// Use Heiken Ashi for smoother signals - [=== Additional Indicators ===]
UseVolatilityFilter=true// Use volatility filter for entries - [=== Additional Indicators ===]
VolatilityThreshold=0.3// Minimum volatility threshold in points (0.1,0.1,1.0) - [=== Session Filter ===]
UseSessionFilter=false// Use trading session filter - [=== Session Filter ===]
TradeLondonSession=true// Trade during London session (8-16GMT) - [=== Session Filter ===]
TradeNewYorkSession=true// Trade during New York session (13-21GMT) - [=== Session Filter ===]
TradeOverlapSession=true// Trade during London/NY overlap (13-16GMT)
// Pipsgrowth EX12038 MultiIndicatorConfluence — Execution Flow (from source analysis)
// Family: MultiIndicatorConfluence
// Adaptive forex scalping EA combining AMA, RSI, ATR, Bollinger Bands and Heiken Ashi confluence. Supports BB breakout and mean-reversion modes, dynamic profit locking, additional position management, session and volatility filters. 12 layers: REGIME, SIGNAL, ENTRY, CONFIRM, NO-TRADE, CAPITAL CAP, RISK, SIZING, MANAGE, EXIT, SCALING, OnTester
ON_INIT:
Create indicator handles: standard set
Initialize state variables
Detect broker GMT offset
ON_TICK:
1. Refresh indicator buffers (closed-bar shift=1)
2. Manage existing positions:
- Break-even check
- ATR trailing stop
- Profit lock ratchet
- Time-based exit
- Opposite-signal exit
3. If new bar:
a. ClassifyRegime() — ADX/ATR/BB regime detection
b. NoTradeGate() checks:
- Market open + session filter
- Spread limit
- Cooldown after loss
- Consecutive loss limit
- Kill switch
- Max drawdown
- Max concurrent positions
- Daily/weekly loss limits
c. GenerateSignal() — strategy-specific entry logic
d. CheckConfirm() — HTF alignment + R:R + ADX minimum
e. Calculate position size from risk %
f. Execute with retry logic
g. Mark bar to prevent duplicates
ON_TESTER:
Custom fitness = weighted(RecoveryFactor, ROI, ProfitFactor, TradeCount, Sharpe, Drawdown)Optimization Profile
How to Install This EA on MT5
- 1Download the .mq5 file using the button above
- 2Open MetaTrader 5 on your computer
- 3Click File → Open Data Folder in the top menu
- 4Navigate to MQL5 → Experts and paste the .mq5 file there
- 5In MT5, right-click Expert Advisors in the Navigator panel → Refresh
- 6Drag the EA onto a chart matching the recommended timeframe
- 7Configure parameters according to the table on this page
- 8Enable Allow Algo Trading and click OK
EA Parameters
| Parameter | Default | Description |
|---|---|---|
| EnableTrading | true | Enable trading |
| EnableDebug | false | Enable debug logging |
| AllowBuys | true | Allow opening buy orders |
| AllowSells | true | Allow opening sell orders |
| LotSize | 1.0 | Fixed lot size (0.01,0.01,2.0) |
| MagicNumber | 22212038 | Magic number |
| InpTradeComment | "Psgrowth.com Expert_12038" | Trade comment |
| Slippage | 3 | Slippage in points (1,1,10) |
| MaxSpread | 5.0 | Maximum spread in points (1.0,0.5,10.0) |
| MaxDrawdownPercent | 10.0 | Maximum drawdown percentage (5.0,1.0,20.0) |
| MaxRiskPerTrade | 2.0 | Maximum risk per trade % (0.5,0.5,5.0) |
| MaxOpenTrades | 5 | Maximum open trades (1,1,10) |
| StopLossPoints | 50.0 | Stop loss in points (20.0,5.0,150.0) |
| TakeProfitPoints | 100.0 | Take profit in points (40.0,10.0,300.0) |
| EnableDynamicLockProfit | true | Enable dynamic profit locking |
| LockProfitEvery_X_Points | 30.0 | Step: every X points profit (10.0,5.0,50.0) |
| LockMinusBuffer | 15.0 | Lock profit minus X point buffer (5.0,2.0,30.0) |
| EnableDynamicProfitManagementDebug | false | Enable debug logging for dynamic profit management |
| AllowOnlyProfitableAdditions | true | Only allow adding positions if existing trades are profitable |
| MinProfitInPointsPerTradeToAdd | 20.0 | Minimum profit required per existing trade in points (10.0,5.0,50.0) |
| RequireToCheckForConfirmationBeforeAdding | true | Require to check active confirmation before adding new positions |
| EnableAdditionalPositionManagementDebug | false | Enable debug logging for additional position management |
| EnableIndicatorDebug | false | Enable debug logging for indicators |
| UseAMAforEntrySignals | true | Use AMA for entry signals |
| UseAMAforConfirmation | true | Use AMA for confirmation |
| UseRSIforEntrySignals | true | Use RSI for entry signals |
| UseRSIforConfirmation | true | Use RSI for confirmation |
| AdaptiveMA_Period | 14 | Adaptive MA base period (8,2,30) |
| AdaptiveMA_Sensitivity | 2.0 | Adaptive sensitivity multiplier (1.0,0.5,5.0) |
| RSI_Period | 14 | RSI period (7,1,21) |
| RSI_Oversold | 30.0 | RSI oversold level (20.0,1.0,40.0) |
| RSI_Overbought | 70.0 | RSI overbought level (60.0,1.0,80.0) |
| RSI_UseCrossoverSignals | true | Use RSI crossover signals |
| RSI_UseDivergenceSignals | false | Use RSI divergence signals |
| EnableRSI_Debug | false | Enable RSI debug logging |
| ATR_Period | 14 | ATR period (7,1,28) |
| UseATRforVolatilityFilter | true | Use ATR for volatility filtering |
| ATR_VolatilityMultiplier | 1.0 | ATR volatility multiplier (0.5,0.1,3.0) |
| EnableATR_Debug | false | Enable ATR debug logging |
| BB_Period | 20 | Bollinger Bands period (10,5,50) |
| BB_Deviation | 2.0 | Standard deviation multiplier (1.0,0.1,3.0) |
| UseBBforEntrySignals | true | Use Bollinger Bands for entry signals |
| UseBBforConfirmation | true | Use Bollinger Bands for confirmation |
| BB_UseBreakoutStrategy | true | Use breakout strategy |
| BB_UseMeanReversionStrategy | false | Use mean reversion strategy |
| EnableBB_Debug | false | Enable Bollinger Bands debug logging |
| UseHeikenAshi | true | Use Heiken Ashi for smoother signals |
| UseVolatilityFilter | true | Use volatility filter for entries |
| VolatilityThreshold | 0.3 | Minimum volatility threshold in points (0.1,0.1,1.0) |
| UseSessionFilter | false | Use trading session filter |
| TradeLondonSession | true | Trade during London session (8-16 GMT) |
| TradeNewYorkSession | true | Trade during New York session (13-21 GMT) |
| TradeOverlapSession | true | Trade during London/NY overlap (13-16 GMT) |
#property copyright "Pipsgrowth.com"
#property link "https://pipsgrowth.com"
#property version "2.00"
#property strict
#property description "Pipsgrowth.com EX12038 EURUSD_1_3_1 — Adaptive AMA+RSI+ATR+BB+Heiken Ashi scalper, full 12-layer stack."
#include <Trade/Trade.mqh>
#include <Trade/PositionInfo.mqh>
#include <Trade/AccountInfo.mqh>
//--- Global objects
CTrade trade;
CPositionInfo position;
CAccountInfo account;
//--- Input parameters
input group "=== Basic Settings ==="
input bool EnableTrading = true; // Enable trading
input bool EnableDebug = false; // Enable debug logging
input bool AllowBuys = true; // Allow opening buy orders
input bool AllowSells = true; // Allow opening sell orders
input double LotSize = 1.0; // Fixed lot size (0.01,0.01,2.0)
input int MagicNumber = 22212038; // Magic number
input string InpTradeComment = "Psgrowth.com Expert_12038"; // Trade comment
input int Slippage = 3; // Slippage in points (1,1,10)
input group "=== Risk Management ==="
input double MaxSpread = 5.0; // Maximum spread in points (1.0,0.5,10.0)
input double MaxDrawdownPercent = 10.0; // Maximum drawdown percentage (5.0,1.0,20.0)
input double MaxRiskPerTrade = 2.0; // Maximum risk per trade % (0.5,0.5,5.0)
input int MaxOpenTrades = 5; // Maximum open trades (1,1,10)
input double StopLossPoints = 50.0; // Stop loss in points (20.0,5.0,150.0)
input double TakeProfitPoints = 100.0; // Take profit in points (40.0,10.0,300.0)
input group "=== Dynamic Profit Management ==="
input bool EnableDynamicLockProfit = true; // Enable dynamic profit locking
input double LockProfitEvery_X_Points = 30.0; // Step: every X points profit (10.0,5.0,50.0)
input double LockMinusBuffer = 15.0; // Lock profit minus X point buffer (5.0,2.0,30.0)
input bool EnableDynamicProfitManagementDebug = false; // Enable debug logging for dynamic profit management
input group "=== Additional Position Management ==="
input bool AllowOnlyProfitableAdditions = true; // Only allow adding positions if existing trades are profitable
input double MinProfitInPointsPerTradeToAdd = 20.0; // Minimum profit required per existing trade in points (10.0,5.0,50.0)
input bool RequireToCheckForConfirmationBeforeAdding = true; // Require to check active confirmation before adding new positions
input bool EnableAdditionalPositionManagementDebug = false; // Enable debug logging for additional position management
input group "=== Adaptive Indicators ==="
input bool EnableIndicatorDebug = false; // Enable debug logging for indicators
input bool UseAMAforEntrySignals = true; // Use AMA for entry signals
input bool UseAMAforConfirmation = true; // Use AMA for confirmation
input bool UseRSIforEntrySignals = true; // Use RSI for entry signals
input bool UseRSIforConfirmation = true; // Use RSI for confirmation
input int AdaptiveMA_Period = 14; // Adaptive MA base period (8,2,30)
input double AdaptiveMA_Sensitivity = 2.0; // Adaptive sensitivity multiplier (1.0,0.5,5.0)
input group "=== RSI Settings ==="
input int RSI_Period = 14; // RSI period (7,1,21)
input double RSI_Oversold = 30.0; // RSI oversold level (20.0,1.0,40.0)
input double RSI_Overbought = 70.0; // RSI overbought level (60.0,1.0,80.0)
input bool RSI_UseCrossoverSignals = true; // Use RSI crossover signals
Full source code available on download
Educational purposes only. Do NOT use with real money. Test on demo accounts only.
Clear Warning: Educational Purposes Only
Clear Warning: This Expert Advisor is for educational and testing purposes only. Do NOT use it with real money. Test only on demo accounts. Trading with real money involves substantial risk of capital loss. This does not constitute investment advice.
Recommended Brokers for This EA
These EAs run on MT5 — use a regulated broker with fast execution and tight spreads
Markets.com
Exness
IC Markets
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