Pipsgrowth EX16015 Trend

Pipsgrowth EX16015 Trend is a USDJPY trend rider on M5 and H1 that filters the market with four stacked indicators — ADX(14) for trend strength, a custom internal Hull MA for direction, Bollinger Bands(20, 2.0) for volatility context, and MACD(12,26,9) for momentum — then adds up to three positions in the direction of the trend with progressively smaller risk per layer (3.0%, 2.0%, 1.5%). It is the most fully-equipped trend EA in the EX16 family: in addition to the standard pyramid and trailing stop, it moves the stop to breakeven plus 5 pips after 15 pips of profit, partial-closes 50% of the position at 30 pips, then tightens the trailing distance from 15 pips to 10 pips once price reaches 50 pips of profit, and finally enforces an 8-hour time-based exit. The brief header describes twelve architecture layers (REGIME, SIGNAL, ENTRY, CONFIRM, NO-TRADE, CAPITAL CAP, RISK, SIZING, MANAGE, EXIT, SCALING, OnTester) — the actually-wired implementation covers all of those except the OnTester fitness pass, which is absent.

The trend filter is the heart of the system. UpdateMarketState() runs at the start of every new bar and reads four values: currentADX from the iADX(14) handle, currentATR from iATR(14) for dashboard display, the Hull color from the in-process CHullV3 class, and a boolean isInTrend that becomes true only when currentADX > 30.0. The Hull MA is not loaded via iCustom — it is computed directly inside the EA. The CHullV3 class builds the Hull value as LWMA(sqrt(period), 2*LWMA(period/divisor) - LWMA(period)) using a hand-rolled linear-weighted moving average over Hull_Period=16 closes with a Hull_Divisor=2.0 half-period, then derives direction by comparing the current and previous Hull values. The CHullV3 class exposes GetValue(index) for raw levels and GetColor(index) which returns 1.0 (green/bullish), 2.0 (red/bearish), or 0.0 (flat). This internal-only implementation is one of EX16015's distinctive design choices — sibling trend EAs in the EX16 family use a single iMA handle, but EX16015 substitutes a hand-coded multi-WMA calculation so the Hull does not depend on any external indicator file being installed in the MQL5 Indicators folder.

The signal decision lives in AnalyzeTrendBreakout(), which the OnTick handler dispatches to once per new bar. The first filter is the regime gate: if ADX is below 30, no signal fires. The second filter is the Bollinger Bands expansion gate, which is gated by the Require_BB_Expansion input — by default that input is false, so the BB expansion check is skipped entirely; turning it on enables a volatility confirmation that the upper-minus-lower band width must be expanding by at least BB_Expansion_Percent=10.0% versus the prior bar's width. The third filter is MACD direction: a bullish MACD requires macdMain[0] > macdSignal[0] && macdMain[0] > 0 (main line above signal line and both above zero), bearish the mirror. The fourth filter is the Hull-MACD alignment: a buy is only valid if the Hull is bullish AND the MACD is bullish, and a sell only if the Hull is bearish AND the MACD is bearish. The fifth and final filter is the S/R breakout: the EA scans the last SR_LookbackBars=50 bars for swing highs and swing lows (defined as bars whose high is greater than all bars within ±SR_SwingStrength=5 of them, or whose low is less than the same neighborhood), builds a srLevels[] array of support and resistance zones of SR_ZonePoints=30 points each, and a buy signal only fires if the current bar's close crosses above a level that has been touched at least twice (the touches >= 2 filter). If no S/R breakout occurs but ADX exceeds the threshold by 5 (i.e. ADX > 35), the EA accepts the signal anyway as a "very strong trend" — a fallback that lets it trade in the absence of a clean breakout during the strongest trending sessions.

Pyramid construction uses three tiers with progressive risk reduction. OpenBuyPosition(int pyramidLevel) and OpenSellPosition(int pyramidLevel) use a different risk percentage for each level: tier 1 uses Entry1_RiskPercent=3.0%, tier 2 uses Entry2_RiskPercent=2.0%, tier 3 uses Entry3_RiskPercent=1.5%. All three positions share the same StopLoss_Pips=15 distance, so the per-position lot size scales naturally with the risk percentage against the account balance via CalculateLotSize(). CalculateLotSize() computes riskAmount = balance * riskPercent/100, derives riskPerLot = slDistance / tickSize * tickValue, and floors the result to the broker's LotsStep before clamping to LotsMin/LotsMax. New layer 2 is added by CheckPyramidingOpportunity() only after the base position has moved Pyramid_Trigger1_Pips=30 pips in profit; layer 3 fires only after the base position has moved Pyramid_Trigger2_Pips=60 pips in profit. The pyramid is conditioned on EnablePyramid=true and capped at MaxPositions=3. Every pyramid add requires the trend to still be intact (isInTrend==true) and the Hull direction to agree with the position direction.

Exit management is the most layered in the EX16 family. There is no fixed take-profit — tp=0 is passed to every trade.Buy() and trade.Sell() call. Instead, ManageExistingPositions() runs the following checks in order, every new bar, for each open position: (1) breakeven step — if profitPips >= Breakeven_Pips=15, ManageBreakeven() moves the stop to openPrice + Breakeven_Plus_Pips*10*point (i.e. 5 pips above entry for buys, 5 pips below entry for sells) so a loss is converted to a small guaranteed profit; (2) partial close — once profitPips >= PartialClose_Pips=30, ManagePartialClose() closes 50% of the position via TryClosePartial_EX16015() and marks positions[i].partialClosed=true so the partial never re-fires; (3) trailing stop — once profitPips >= Trailing_Activation_Pips=20, ManageTrailingStop() ratchets the stop to bid - Trailing_Distance_Pips*10*point (i.e. 15 pips behind price for buys). The trailing distance automatically tightens: if profitPips > Trailing_Tight_After_Pips=50, the distance switches to Trailing_Tight_Distance=10 pips, locking in more profit on extended trends; (4) time exit — MaxTrade_Hours=8 means any position that has been open for 8 hours is force-closed via TryClose_EX16015(); (5) trend reversal — if the Hull flips color against a position's direction, the EA immediately closes that position. All three order-modifying helpers (TryClose_EX16015, TryClosePartial_EX16015, TryModify_EX16015) implement a 3-attempt retry loop on REQUOTE, TIMEOUT, PRICE_OFF, and PRICE_CHANGED retcodes, with 200ms sleep between close/partial attempts and 100ms between modify attempts.

The EA also runs a hard safety stack via CheckDailyLimits() and UpdateDailyTracking(). The day boundary is detected by currentDay != iTime(_Symbol, PERIOD_D1, 0), at which point the previous day's P&L is logged and counters reset. The daily loss limit is Daily_Loss_Limit_Percent=10.0% of the start-of-day balance; hitting it freezes all new entries for the rest of the day. The daily profit target is Daily_Profit_Target_Percent=50.0%, gated by StopAfter_BigWin=true — when hit, the EA prints a celebration message and stops opening new trades. The Max_Daily_Trades=5 cap blocks entries once five trades have been taken in the same calendar day. IsAllowedSession() checks the broker's local hour against four toggles: Trade_London=true (8-16 GMT), Trade_NY=true (13-22 GMT), Trade_LondonNY_Overlap=true (13-16 GMT), and Trade_Asian=false (0-8 GMT). CheckSpread() enforces Max_Spread_Pips=2.0 for USDJPY. Position state is tracked in a custom PositionData struct array with ticket, entry price, lot size, open time, pyramid level, and partial-close flag.

The on-chart dashboard (UpdateDashboard()) shows the running balance, today's P&L, total gain against a $100 baseline, distance to a $1000 target, ADX value, Hull direction, current open position count, and trades-today count. The S/R zones are drawn as filled rectangles extending from the start of the lookback window to 30 bars beyond the current bar, in Support_Color=clrDodgerBlue and Resistance_Color=clrCrimson. Entry markers are drawn as OBJ_ARROW (code 233) with a text label like "BUY L1 @price" in lime for buys and orange for sells. The header advertises MagicNumber=22216015, InpTradeComment="Psgrowth.com Expert_16015", and uses ORDER_FILLING_FOK with 50 points of allowed slippage. The architecture claim of twelve layers is mostly accurate, with OnTester being the only layer not implemented in code; the EA compiles cleanly, releases all four indicator handles in OnDeinit, and has no defined constants — every threshold sits in the 50 input parameters across 11 named groups.

On USDJPY at M5, the default 15-pip stop is tight enough to keep individual risk contained at 3% of a $100 balance (the floor position) — the candle range on USDJPY M5 during the London/New York overlap commonly spans 8-20 pips, so 15 pips represents a high-conviction stop that the candle range can sometimes exceed but rarely by much. The breakeven-plus-5 step is the most important exit feature for small accounts: it converts an unprofitable setup into a small win without leaving the trade exposed to a full 15-pip loss. The 50% partial at 30 pips then recoups a meaningful slice of the risk and lets the remainder run under the tightened 10-pip trail. The 8-hour time exit is the safety net for the case where the trend fails to materialize — without it, a position that never reaches the 15-pip breakeven trigger would sit until the trailing stop or the trend reversal eventually closes it, which on quiet days can take a full London-to-NY cycle.