Pipsgrowth EX16005 Trend

Pipsgrowth EX16005 Trend is a Welles-Wilder-style directional-movement EA that only trades when trend strength, direction, and regime filter all agree on the same bar. Instead of guessing whether a market is trending, the EA asks the Average Directional Index (ADX) for a number — when ADX(14) climbs above the InpADXMin threshold (22.0 by default), the strategy treats that as evidence that a real move is in progress and not random noise. From there, the +DI and -DI lines decide which way that move is heading, and a 50-period EMA on close decides whether the bar agrees with the regime at all. The result is a tight three-condition AND gate that produces fewer but cleaner setups than a single-indicator trend follower.

The signal stack is intentionally minimal. The OnInit routine opens exactly two handles: hADX = iADX(_Symbol, _Period, InpADXPeriod=14) and hEMA = iMA(_Symbol, _Period, InpEMAPeriod=50, 0, MODE_EMA, PRICE_CLOSE). There is no MACD, no Stochastic, no Bollinger, no multi-timeframe read, and no external indicator calls. Inside CheckSignal(), the EA pulls ADX main line, +DI, and -DI from buffer index 1 (the just-closed bar) along with the EMA value, then reads close[1] for the final regime check. The BUY branch is g_adx > InpADXMin && g_plusDI > g_minusDI && close1 > g_ema; the SELL branch mirrors with -DI > +DI && close < EMA. Because all three values come from bar[1] rather than bar[0], the entry fires on the open of the next bar — no repaint, no mid-bar whipsaw.

Position management is a two-stage ratchet handled in ManageOpenPositions() every tick. Stage one is a breakeven: when profit reaches InpBEStart=300 points, the stop is moved to openPrice ± InpBEOffset=30 points (a 30-point buffer above entry to absorb spread plus a small slippage cushion). Stage two is the trail: once profit reaches InpTrailStart=400 points, the stop ratchets to price − InpTrailDistance=200 points (or price + 200 for sells), with a guard that the new stop must stay above the original open price so the trade can never be stopped out at a loss once it has been moved. The active SL is whichever is higher of the BE stop and the trail stop, and the move is pushed to the broker through TryModify_EX16005 — a three-attempt retry wrapper that re-quotes the modification on REQUOTE, TIMEOUT, PRICE_OFF, and PRICE_CHANGED with 100ms Sleeps between attempts.

Risk is governed by two parallel caps inside CheckDrawdownLimits(). The first is the daily loss: at the start of every server day (CheckNewDay rolls g_dailyStartBalance from account.Balance() at midnight), the EA computes g_dailyStartBalance - currentBalance and trips g_ddLimitHit=true once the loss reaches InpMaxDailyLoss=3.0%. The second is the equity drawdown from peak: g_peakEquity is updated every tick to the running max, and once (peak - equity) / peak reaches InpMaxEquityLoss=10.0%, the trip fires again. Either trip blocks all new entries through the g_ddLimitHit gate at the top of CheckDrawdownLimits, and — because InpCloseOnDDLimit=true by default — also forces CloseAllPositions() via TryClose_EX16005, which is the same 3-attempt retry wrapper used by the trailing path. The trip resets the next day at server midnight through CheckNewDay. A 250-point spread cap (InpMaxSpread) is the first thing OnTick checks, before even the time filter, so the EA never enters a wide market.

Pyramiding is on by default (InpEnablePyramid=true, InpMaxPositions=3). The IsGridSafe() guard walks the open-position list and refuses to add a new entry unless every existing in-direction position is already in profit by at least InpMinProfitPoints=300. This makes the pyramid a 'pyramid-into-strength' rather than a 'pyramid-into-loss' design: the EA will not average down, but it will scale into a winning trend up to three positions in the same direction. The first position uses the standard lot from CalculateLotSize (0.5% risk × balance / SL loss per lot, floored to lotStep and clamped to vol_min/vol_max/InpMaxLotSize=5.0); subsequent pyramid entries use the same sizing rule rather than a martingale multiplier. CalculateLotSize also calls OrderCalcMargin() before the trade is sent, so a request that exceeds free margin is refused with a Print error rather than a broker rejection.

Time and session control is optional. InpUseTimeFilter is false by default, which means the EA trades whenever the symbol is open and the spread is below the cap. When the operator flips it on, CheckTimeFilter() blocks Saturday and Sunday outright, refuses entries outside the InpStartHour=8 to InpEndHour=20 server-hour window, and adds a Friday close-all at InpFridayCloseHour=20 (the EA calls CloseAllPositions() the moment the clock hits 20:00 on day_of_week==5). For most retail brokers, the default-off time filter makes sense because the M15/M30 cadence already filters the worst late-Asian illiquidity, but operators who run this EA on XAUUSD during thin sessions will want to enable it.

On the operational side, OnInit calls SetProperFillingMode() to auto-detect whether the broker supports ORDER_FILLING_FOK, ORDER_FILLING_IOC, or ORDER_FILLING_RETURN, and sets the CTrade object accordingly. OpenPosition() retries up to InpMaxRetries=3 times on REQUOTE/PRICE_CHANGED/PRICE_OFF/TIMEOUT with 100ms Sleeps and a RefreshRates between attempts, and the order is sent with the trade-comment string 'Psgrowth.com Expert_16005' so positions are easy to identify in the journal. The on-chart info panel is a 220×180 dark-slate OBJ_RECTANGLE_LABEL with eight OBJ_LABEL lines (title, magic, ADX with strength label, +DI, -DI, BULLISH/BEARISH trend, buy/sell counts, and running P/L) drawn at InpPanelX/InpPanelY. OnDeinit releases both indicator handles and calls ObjectsDeleteAll(0, 'EA_') so the panel never lingers after the EA is removed.

What an operator actually sees in forward testing: a low trade frequency (ADX only crosses 22 a handful of times per week on M15, and only half of those passes the regime filter), a high proportion of winners because entries are gated by trend strength, and the occasional large runner when a 500-point SL trade becomes a 1500-point TP trade through the trail. The fixed 1:3 RR (InpStopLoss=500 / InpTakeProfit=1500) gives the math a fighting chance even at a 40% win rate, and the 3%-daily / 10%-equity caps put a hard floor under catastrophic sequences. The EA is not a high-frequency system — it is a trend-quality filter with a 1:3 reward profile and a tight risk budget, and it should be sized and brokered accordingly.