Trend FollowingOpen Source – Free

Pipsgrowth EX16054 Trend

Name: Pipsgrowth EX16054 Trend
Author: PipsGrowth

MT5 Expert Advisor (Open Source) · XAUUSD · M5, H1

Pipsgrowth.com EX16054 new1 -- Momentum Structure Breakout with Donchian, RSI, HMA, full 12-layer stack.

Overview

Four-signal trend-following EA on XAUUSD that runs Donchian Channel, an EMA-plus-momentum MBS module, RSI and a hand-rolled Hull Moving Average in a strict priority order on every new tick. The header advertises a 12-layer stack — REGIME, SIGNAL, ENTRY, CONFIRM, NO-TRADE, CAPITAL CAP, RISK, SIZING, MANAGE, EXIT, SCALING, OnTester — but reading the .mq5 honestly only the SIGNAL through SCALING layers are actually wired in. There is no regime classifier, no equity-curve capital cap, and no OnTester pass.

Signals are evaluated in a fixed cascade inside OnTick. DonchianChannel_Decision is checked first, then MBS_Decision, then RSI_Decision, then HMA_Decision. The first indicator that returns a non-empty string wins, and the others are not even consulted on that bar. Each of the four indicators has its own 4-toggle configuration block (EntrySignal_BUY, EntrySignal_SELL, Confirm_BUY, Confirm_SELL, ExitTrigger_BUY, ExitTrigger_SELL, ExitConfirm_BUY, ExitConfirm_SELL) so the user can promote any indicator from a primary entry to a confirmation to an exit trigger or disable it entirely. All four confirm toggles default to false, which means the default behaviour is single-indicator entries with no confirmation gate.

The Donchian channel uses a 20-bar high/low band with a 2-bar confirmation window, a 10-point minimum breakout size, a 5-point minimum pullback from the channel edge, and a 20-point minimum channel range to filter chop. It calls iATR(14) locally to gate volatility — current ATR must be ≤ 1.5× the prior bar's ATR — and CopyTickVolume to compare current tick volume against a 20-bar average when DC_RequireVolumeSpike is enabled (it is off by default). The pullback filter is the anti-fakeout element: price must have retreated at least 5 points from the channel edge in the prior DC_ConfirmationBars+1 bars before a fresh breakout can fire.

The MBS module is the most parameter-rich of the four. It copies 22 bars of high/low/close plus 14-bar ATR and 21-bar EMA, then computes a 20-bar resistance/support range via ArrayMaximum and ArrayMinimum. Breakout detection is straightforward — current high above the 20-bar max or current low below the 20-bar min — but the gating stack is heavy: breakout size must clear MBS_MinBreakoutSize=50 points, average per-bar momentum over the last 2 bars must reach MBS_MomentumThreshold=0.7 in absolute terms, at least 60% of the last MBS_ConfirmationBars bars must agree with EMA direction for trend_strength, current ATR must be ≤ 1.5× the average ATR, and if MBS_RequireVolumeSpike is on (default) current tick volume must be ≥ 1.5× the 20-bar average. The minimum price movement gate is 0.0001 — essentially a noise filter that rejects signals where close has not moved at all over the confirmation window.

RSI is a vanilla 14-period RSI on the user-selected timeframe (default H1) with applied price from the RSI_Price enum (1=close default). BUY fires when RSI current ≤ Oversold=30 but not in the extreme-oversold zone (≤ 25, set by the 5-point ExtremeBuffer), the last 3 bars are monotonically rising, the range across those 3 bars is ≥ 5 points, the average bar-to-bar move is ≥ 2 points, and RSI is not inside the ±5 dead zone around the 50 midline. SELL is the mirror. The momentum-bars-and-range construction is meant to reject whipsaw signals in flat regimes.

HMA is the unusual one because the EA does not use a native handle — it computes the indicator manually inside HMA_Decision from raw close prices. The formula is the canonical HMA = WMA(2×WMA(n/2) − WMA(n), sqrt(n)) with n=21 by default, half_period=11, sqrt_period=5. From this it derives hma_slope, hma_momentum in points, and a 2-bar bullish/bearish bar count. BUY requires hma_slope > 0.0001, hma_momentum ≥ 5 points, monotonically rising HMA over HMA_SmoothingBars=3 bars, price strictly above the HMA line, price distance from HMA ≥ 2 points, trend strength ≥ 0.7, and ATR(14) ≤ 1.5× the prior bar. The price-above/below requirement is gated by HMA_RequirePriceAbove and HMA_RequirePriceBelow booleans, both true by default, which makes HMA a price-relative-to-trendline signal rather than a pure slope signal.

Once a BUY or SELL string is produced by the cascade and the optional confirmation filters pass, ShouldOpenAdditionalPosition enforces the multi-position rules. If there are no positions, the trade goes through. If there are already MaxOpenTrades=5 positions, the trade is rejected. Otherwise every existing position on the symbol must individually have profit ≥ MinProfitInPointsPerTradeToAdd=500 points AND the average profit per existing trade must also clear 500 points when AllowOnlyProfitableAdditions is true (default). This is a "stack only on strength" rule, not a grid — losers are not averaged into.

ManageExistingPositions is the trailing-stop engine and runs on every tick. For each open position on the symbol it calculates profit in points, then if EnableDynamicLockProfit is true (default) and profit ≥ LockProfitEvery_X_Points=200, it ratchets the stop to current_price − LockMinusBuffer=100 for longs (or +100 for shorts), but only if the new stop is above the current stop (or below for shorts). The 200/100 spacing means the EA locks in roughly 100 points of profit for every 200 points of favourable move — a 50% retention trail that never tightens. There is no break-even step, no ATR-adaptive trail, and no per-position trailing offset; the LockMinusBuffer is global. If the indicator exit toggles (DC_ExitTrigger_, MBS_ExitTrigger_, RSI_ExitTrigger_*) are enabled for a side, an Exit Buy or Exit Sell string from any of them closes the position via TryClose_EX16054.

IsBasicTradeConditionsMet is the only no-trade filter. It requires positive ASK/BID prices, current spread ≤ MaxSpread=20 points, TERMINAL_TRADE_ALLOWED, and SYMBOL_TRADE_MODE ≠ 0. There is no session filter, no day-of-week filter, no news filter, no daily P&L cap, no max-drawdown cap, and no min-balance guard.

The retry helpers TryClose_EX16054, TryClosePartial_EX16054 and TryModify_EX16054 all follow the same 3-attempt shape with 100-200ms Sleep on TRADE_RETCODE_REQUOTE / TIMEOUT / PRICE_OFF / PRICE_CHANGED. TryClose is wired into ManageExistingPositions; TryModify is wired into the dynamic-lock section; TryClosePartial is defined but never called — the EA has no partial-close path.

OnInit validates Lots > 0, MaxSpread > 0, and HardSL_Points / TP_Points ≥ 0, then returns INIT_SUCCEEDED. OnDeinit is empty. There are no module-level indicator handles — every iATR, iRSI, and iMA is created inside its respective decision function on each call and never explicitly released, which is wasteful but does not break correctness. The source also has an unusual amount of internal duplication: MapTimeframeInt and MapAppliedPriceInt are defined six times in the file and the same five global ENUM variables (g_MBS_Timeframe, g_DC_Timeframe, g_RSI_TF, g_HMA_Timeframe, g_RSI_Price) are redeclared alongside them. MQL5 silently keeps the first definition and ignores the rest, so it compiles, but it is a clear sign the file was concatenated from several drafts.

Defaults worth knowing for backtesting: 1.0 fixed lot, 200-point SL, 3000-point TP, 3-point slippage, FOK filling, magic 22216054, comment "Psgrowth.com Expert_16054", XAUUSD M5/H1, no lot multiplier, no risk-percent sizing, no recovery mode. The 3000-point TP is large compared to the 200-point SL — a 1:15 reward-to-risk ratio that depends almost entirely on the dynamic profit lock trailing to keep winners from being given back. Most realistic backtest behaviour on a 1.0-lot XAUUSD M5 chart will see frequent 100-200 point winners with the lock engaging, occasional larger runners that trend through, and a small number of full 200-point losers when the dynamic lock never gets a chance to engage before the SL hits. The MEDIUM risk label reflects that the trailing lock takes the sting out of most breakouts, but a 1.0-lot default on a $100 minimum deposit leaves very thin margin for error if the user does not increase the deposit to at least $1,000 before going live.

Strategy Deep Dive

Each tick, IsBasicTradeConditionsMet rejects quotes with bad ASK/BID, spread above MaxSpread=20 points, terminal trade disabled, or symbol trade mode off. ManageExistingPositions then walks open positions, calculating profit in points and ratcheting the stop to current_price ± 100 points each time profit advances by 200 points (the LockProfitEvery_X_Points/LockMinusBuffer pair), while also checking any enabled DC/MBS/RSI exit triggers. The entry cascade Donchian → MBS → RSI → HMA fires the first non-empty string, and the optional per-indicator confirmation toggles (all off by default) can veto it. ShouldOpenAdditionalPosition then enforces MaxOpenTrades=5 plus the 500-points-per-position profitable-additions gate. trade.Buy or trade.Sell is sent with the 200/3000 SL/TP, magic 22216054, and the user-set Lots.

Entry Signal

A BUY or SELL string is produced by a fixed priority cascade inside OnTick — DonchianChannel_Decision first, then MBS_Decision, then RSI_Decision, then HMA_Decision. Donchian requires a 20-bar high/low breakout with a 5-point pullback, ATR(14) ≤ 1.5× the prior bar, and breakout size ≥ 10 points. MBS requires a 20-bar resistance/support break ≥ 50 points, 2-bar average momentum ≥ 0.7 in absolute terms, 60% EMA agreement, and current ATR ≤ 1.5× average. RSI requires the 14-period RSI in the OB/OS zone with monotonic 3-bar momentum and sufficient range. HMA requires a hand-computed 21-period Hull line with positive slope, ≥ 5 points of momentum, and price above the line.

Exit Signal

Exits come from three paths. The broker hits the fixed 200-point SL or 3000-point TP. The dynamic profit lock in ManageExistingPositions ratchets the stop to current_price ± LockMinusBuffer=100 points every time profit advances by LockProfitEvery_X_Points=200 points, so a 50% retention trail engages after each 200-point move. If any of the indicator exit toggles (DC_ExitTrigger_, MBS_ExitTrigger_, RSI_ExitTrigger_*) is enabled for the open side, an Exit Buy or Exit Sell string from that indicator closes the position via TryClose_EX16054 with 3 retries on REQUOTE/TIMEOUT/PRICE_OFF/PRICE_CHANGED.

Stop Loss

HardSL_Points=200 is sent to the broker as a fixed per-trade stop. The dynamic profit lock in ManageExistingPositions overrides that SL on every tick once profit clears 200 points, ratcheting the stop to current_price − 100 (longs) or + 100 (shorts) every additional 200 points of favourable move. There is no break-even step, no ATR-adaptive trail, and no max-drawdown account cap.

Take Profit

TP_Points=3000 is sent to the broker as the take-profit target — a 1:15 reward-to-risk ratio against the 200-point SL. In practice the dynamic profit lock engages well before TP is reached on most trades, so the effective TP for the majority of winners is the ratcheted stop at 100 points of locked profit plus whatever additional run the lock allows.

Best For

Recommended for XAUUSD M5 or H1 charts on a low-spread ECN or RAW broker, with a minimum balance of $1,000 even though the EA's stated minimum is $100 — the 1.0-lot default on gold can produce 200-point full-loss hits that would be unrecoverable on a smaller account. Best deployed during the London and New York sessions when gold volatility and the 14-period RSI, 20-bar Donchian channel, and 21-period HMA all have enough range to fire; quieter Asian-session hours will produce few signals. The MEDIUM risk label assumes the 200/100 dynamic profit lock is doing its job — turn off EnableDynamicLockProfit only if you understand you are giving back the trailing-stop protection.

Strategy Logic

Pipsgrowth EX16054 Trend — Strategy Logic Analysis (from .mq5 source)

Family: Trend Magic: 22216054 Version: 2.00

BRIEF: Momentum + Structure Breakout EA combining Donchian Channel, RSI and Hull Moving Average for trend-following breakout entries with dynamic profit locking. 12 layers: REGIME, SIGNAL, ENTRY, CONFIRM, NO-TRADE, CAPITAL CAP, RISK, SIZING, MANAGE, EXIT, SCALING, OnTester

INDICATOR STACK:

Standard MT5 indicators

KEY FUNCTIONS:

DonchianChannel_Decision()
MBS_Decision()
HMA_Decision()
ShouldOpenAdditionalPosition()
CheckAdditionalPositionConfirmation()
IsBasicTradeConditionsMet()
ManageExistingPositions()
RSI_Decision()
TryClose_EX16054()
TryClosePartial_EX16054()
TryModify_EX16054()

INTERNAL CONSTANTS (0 total):

INPUT PARAMETERS (94 total across 8 groups):

[=== Trade Settings ===] InpMagic = 22216054 // EA Magic Number
[=== Trade Settings ===] InpTradeComment = "Psgrowth.com Expert_16054" // Trade comment
[=== Trade Settings ===] Lots = 1.0 // Lot size for trades
[=== Trade Settings ===] MaxSpread = 20 // Maximum spread in points
[=== Trade Settings ===] Slippage = 3 // Maximum slippage in points
[=== Trade Settings ===] AllowBuyTrades = true // Allow BUY trades
[=== Trade Settings ===] AllowSellTrades = true // Allow SELL trades
[=== TP/SL Settings ===] HardSL_Points = 200 // Stop Loss in points
[=== TP/SL Settings ===] TP_Points = 3000 // Take Profit in points
[=== TP/SL Settings ===] LockProfitEvery_X_Points = 200.0 // Step: every X points profit
[=== TP/SL Settings ===] LockMinusBuffer = 100.0 // Lock profit minus X point buffer
[=== Additional Positions Management Settings ===] MaxOpenTrades = 5 // Maximum allowed open trades at the same time in all directions
[=== Additional Positions Management Settings ===] AllowOnlyProfitableAdditions = true // Only allow adding positions if existing trades are profitable
[=== Additional Positions Management Settings ===] MinProfitInPointsPerTradeToAdd = 500.0 // Minimum profit required per existing trade in points
[=== Debug ===] EnableDebug = false // Enable debug logging
[=== Momentum + Structure Breakout Settings ===] MBS_EntrySignal_BUY = true // Enable MBS BUY entry signal
[=== Momentum + Structure Breakout Settings ===] MBS_EntrySignal_SELL = true // Enable MBS SELL entry signal
[=== Momentum + Structure Breakout Settings ===] MBS_Confirm_BUY = false // Require MBS BUY confirmation
[=== Momentum + Structure Breakout Settings ===] MBS_Confirm_SELL = false // Require MBS SELL confirmation
[=== Momentum + Structure Breakout Settings ===] MBS_ExitTrigger_BUY = false // Enable MBS BUY exit trigger
[=== Momentum + Structure Breakout Settings ===] MBS_ExitTrigger_SELL = false // Enable MBS SELL exit trigger
[=== Momentum + Structure Breakout Settings ===] MBS_ExitConfirm_BUY = false // Require MBS BUY exit confirmation
[=== Momentum + Structure Breakout Settings ===] MBS_ExitConfirm_SELL = false // Require MBS SELL exit confirmation
[=== Momentum + Structure Breakout Settings ===] MBS_Timeframe = 0 // Timeframe (1=M1,2=M5,3=M15,4=M30,5=H1,6=H4,7=D1) // Timeframe for analysis
[=== Momentum + Structure Breakout Settings ===] MBS_LookbackBars = 20 // Lookback period for structure analysis
[=== Momentum + Structure Breakout Settings ===] MBS_MinBreakoutSize = 50 // Minimum breakout size in points
[=== Momentum + Structure Breakout Settings ===] MBS_MomentumThreshold = 0.7 // Momentum strength threshold (0-1)
[=== Momentum + Structure Breakout Settings ===] MBS_ConfirmationBars = 2 // Bars needed for confirmation
[=== Momentum + Structure Breakout Settings ===] MBS_VolatilityFilter = 1.5 // Volatility filter multiplier
[=== Momentum + Structure Breakout Settings ===] MBS_TrendStrengthMin = 0.6 // Minimum trend strength (0-1)
[=== Momentum + Structure Breakout Settings ===] MBS_RequireVolumeSpike = true // Require volume confirmation
[=== Momentum + Structure Breakout Settings ===] MBS_VolumeMultiplier = 1.5 // Volume spike multiplier
[=== Momentum + Structure Breakout Settings ===] MBS_ATRPeriod = 14 // ATR period for volatility
[=== Momentum + Structure Breakout Settings ===] MBS_ATRMultiplier = 1.0 // ATR multiplier for breakout validation
[=== Momentum + Structure Breakout Settings ===] MBS_EMAPeriod = 21 // EMA period for trend direction
[=== Momentum + Structure Breakout Settings ===] MBS_MinPriceMovement = 0.0001 // Minimum price movement for signal
[=== Donchian Channel Settings ===] DC_EntrySignal_BUY = true // Enable Donchian Channel BUY entry signal
[=== Donchian Channel Settings ===] DC_EntrySignal_SELL = true // Enable Donchian Channel SELL entry signal
[=== Donchian Channel Settings ===] DC_Confirm_BUY = false // Require Donchian Channel BUY confirmation
[=== Donchian Channel Settings ===] DC_Confirm_SELL = false // Require Donchian Channel SELL confirmation
[=== Donchian Channel Settings ===] DC_ExitTrigger_BUY = false // Enable Donchian Channel BUY exit trigger
[=== Donchian Channel Settings ===] DC_ExitTrigger_SELL = false // Enable Donchian Channel SELL exit trigger
[=== Donchian Channel Settings ===] DC_ExitConfirm_BUY = false // Require Donchian Channel BUY exit confirmation
[=== Donchian Channel Settings ===] DC_ExitConfirm_SELL = false // Require Donchian Channel SELL exit confirmation
[=== Donchian Channel Settings ===] DC_Timeframe = 0 // Timeframe (1=M1,2=M5,3=M15,4=M30,5=H1,6=H4,7=D1) // Timeframe for Donchian Channel
[=== Donchian Channel Settings ===] DC_ChannelPeriod = 20 // Lookback period for channel
[=== Donchian Channel Settings ===] DC_ConfirmationBars = 2 // Bars needed for confirmation
[=== Donchian Channel Settings ===] DC_MinBreakoutPoints = 10 // Minimum breakout size in points
[=== Donchian Channel Settings ===] DC_ATRMultiplier = 1.0 // ATR multiplier for volatility filter
[=== Donchian Channel Settings ===] DC_ATRPeriod = 14 // ATR period for volatility
[=== Donchian Channel Settings ===] DC_RequireVolumeSpike = false // Require volume spike confirmation
[=== Donchian Channel Settings ===] DC_VolumeMultiplier = 1.5 // Volume spike multiplier
[=== Donchian Channel Settings ===] DC_MinPullbackPoints = 5 // Minimum pullback before breakout (anti-fakeout)
[=== Donchian Channel Settings ===] DC_MinRangePoints = 20 // Minimum channel range to avoid chop
[=== RSI Settings ===] RSI_EntrySignal_BUY = true // Enable RSI BUY entry signal
[=== RSI Settings ===] RSI_EntrySignal_SELL = true // Enable RSI SELL entry signal
[=== RSI Settings ===] RSI_Confirm_BUY = false // Require RSI BUY confirmation
[=== RSI Settings ===] RSI_Confirm_SELL = false // Require RSI SELL confirmation
[=== RSI Settings ===] RSI_ExitTrigger_BUY = false // Enable RSI BUY exit trigger
[=== RSI Settings ===] RSI_ExitTrigger_SELL = false // Enable RSI SELL exit trigger
[=== RSI Settings ===] RSI_ExitConfirm_BUY = false // Require RSI BUY exit confirmation
[=== RSI Settings ===] RSI_ExitConfirm_SELL = false // Require RSI SELL exit confirmation
[=== RSI Settings ===] RSI_TF = 0 // Timeframe (1=M1,2=M5,3=M15,4=M30,5=H1,6=H4,7=D1) // Timeframe for RSI
[=== RSI Settings ===] RSI_Period = 14 // RSI period
[=== RSI Settings ===] RSI_Price = 1 // Applied price (1=close,2=open,3=high,4=low,5=median,6=typical,7=weighted) // Applied price for RSI
[=== RSI Settings ===] RSI_Overbought = 70 // Overbought level for RSI
[=== RSI Settings ===] RSI_Oversold = 30 // Oversold level for RSI
[=== RSI Settings ===] RSI_SignalShift = 0 // Shift for RSI signal line
[=== RSI Settings ===] RSI_Midline = 50 // RSI midline level
[=== RSI Settings ===] RSI_ExtremeBuffer = 5 // Buffer for extreme levels (anti-whipsaw)
[=== RSI Settings ===] RSI_MinRange = 5.0 // Minimum RSI range for valid signal
[=== RSI Settings ===] RSI_MinVolatility = 2.0 // Minimum volatility threshold
[=== RSI Settings ===] RSI_MomentumBars = 3 // Bars for momentum confirmation
[=== RSI Settings ===] RSI_DeadZoneSize = 5.0 // Dead zone around midline
[=== Hull Moving Average (HMA) Settings ===] HMA_EntrySignal_BUY = true // Enable HMA BUY entry signal
[=== Hull Moving Average (HMA) Settings ===] HMA_EntrySignal_SELL = true // Enable HMA SELL entry signal
[=== Hull Moving Average (HMA) Settings ===] HMA_Confirm_BUY = false // Require HMA BUY confirmation
[=== Hull Moving Average (HMA) Settings ===] HMA_Confirm_SELL = false // Require HMA SELL confirmation
[=== Hull Moving Average (HMA) Settings ===] HMA_ExitTrigger_BUY = false // Enable HMA BUY exit trigger
[=== Hull Moving Average (HMA) Settings ===] HMA_ExitTrigger_SELL = false // Enable HMA SELL exit trigger
[=== Hull Moving Average (HMA) Settings ===] HMA_ExitConfirm_BUY = false // Require HMA BUY exit confirmation
[=== Hull Moving Average (HMA) Settings ===] HMA_ExitConfirm_SELL = false // Require HMA SELL exit confirmation
[=== Hull Moving Average (HMA) Settings ===] HMA_Timeframe = 0 // Timeframe (1=M1,2=M5,3=M15,4=M30,5=H1,6=H4,7=D1) // Timeframe for HMA analysis
[=== Hull Moving Average (HMA) Settings ===] HMA_Period = 21 // HMA period
[=== Hull Moving Average (HMA) Settings ===] HMA_ConfirmationBars = 2 // Bars needed for confirmation
[=== Hull Moving Average (HMA) Settings ===] HMA_MinSlopeAngle = 0.0001 // Minimum slope angle for trend detection
[=== Hull Moving Average (HMA) Settings ===] HMA_MinMomentumPoints = 5 // Minimum momentum in points
[=== Hull Moving Average (HMA) Settings ===] HMA_RequirePriceAbove = true // Require price above HMA for buy
[=== Hull Moving Average (HMA) Settings ===] HMA_RequirePriceBelow = true // Require price below HMA for sell
[=== Hull Moving Average (HMA) Settings ===] HMA_FilterATRMultiplier = 1.5 // ATR multiplier for noise filter
[=== Hull Moving Average (HMA) Settings ===] HMA_FilterATRPeriod = 14 // ATR period for volatility filter
[=== Hull Moving Average (HMA) Settings ===] HMA_TrendStrengthMin = 0.7 // Minimum trend strength (0-1)
[=== Hull Moving Average (HMA) Settings ===] HMA_SmoothingBars = 3 // Bars for HMA smoothing validation
[=== Hull Moving Average (HMA) Settings ===] HMA_MinPriceDistance = 2 // Minimum distance from HMA in points

Pseudocode

// Pipsgrowth EX16054 Trend — Execution Flow (from source analysis)
// Family: Trend
// Momentum + Structure Breakout EA combining Donchian Channel, RSI and Hull Moving Average for trend-following breakout entries with dynamic profit locking. 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

Optimized Brokers:

ExnessIC Markets

Optimized Symbols:

XAUUSD

Optimized Timeframes:

M5H1

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 an H4 or Daily chart for best results
7Configure EMA periods, ADX threshold, and lot size in the dialog
8Enable Allow Algo Trading and click OK

EA Parameters

Parameter	Default	Description
InpMagic	22216054	EA Magic Number
InpTradeComment	"Psgrowth.com Expert_16054"	Trade comment
Lots	1.0	Lot size for trades
MaxSpread	20	Maximum spread in points
Slippage	3	Maximum slippage in points
AllowBuyTrades	true	Allow BUY trades
AllowSellTrades	true	Allow SELL trades
HardSL_Points	200	Stop Loss in points
TP_Points	3000	Take Profit in points
LockProfitEvery_X_Points	200.0	Step: every X points profit
LockMinusBuffer	100.0	Lock profit minus X point buffer
MaxOpenTrades	5	Maximum allowed open trades at the same time in all directions
AllowOnlyProfitableAdditions	true	Only allow adding positions if existing trades are profitable
MinProfitInPointsPerTradeToAdd	500.0	Minimum profit required per existing trade in points
EnableDebug	false	Enable debug logging
MBS_EntrySignal_BUY	true	Enable MBS BUY entry signal
MBS_EntrySignal_SELL	true	Enable MBS SELL entry signal
MBS_Confirm_BUY	false	Require MBS BUY confirmation
MBS_Confirm_SELL	false	Require MBS SELL confirmation
MBS_ExitTrigger_BUY	false	Enable MBS BUY exit trigger
MBS_ExitTrigger_SELL	false	Enable MBS SELL exit trigger
MBS_ExitConfirm_BUY	false	Require MBS BUY exit confirmation
MBS_ExitConfirm_SELL	false	Require MBS SELL exit confirmation
MBS_Timeframe	0	Timeframe (1=M1,2=M5,3=M15,4=M30,5=H1,6=H4,7=D1) // Timeframe for analysis
MBS_LookbackBars	20	Lookback period for structure analysis
MBS_MinBreakoutSize	50	Minimum breakout size in points
MBS_MomentumThreshold	0.7	Momentum strength threshold (0-1)
MBS_ConfirmationBars	2	Bars needed for confirmation
MBS_VolatilityFilter	1.5	Volatility filter multiplier
MBS_TrendStrengthMin	0.6	Minimum trend strength (0-1)
MBS_RequireVolumeSpike	true	Require volume confirmation
MBS_VolumeMultiplier	1.5	Volume spike multiplier
MBS_ATRPeriod	14	ATR period for volatility
MBS_ATRMultiplier	1.0	ATR multiplier for breakout validation
MBS_EMAPeriod	21	EMA period for trend direction
MBS_MinPriceMovement	0.0001	Minimum price movement for signal
DC_EntrySignal_BUY	true	Enable Donchian Channel BUY entry signal
DC_EntrySignal_SELL	true	Enable Donchian Channel SELL entry signal
DC_Confirm_BUY	false	Require Donchian Channel BUY confirmation
DC_Confirm_SELL	false	Require Donchian Channel SELL confirmation
DC_ExitTrigger_BUY	false	Enable Donchian Channel BUY exit trigger
DC_ExitTrigger_SELL	false	Enable Donchian Channel SELL exit trigger
DC_ExitConfirm_BUY	false	Require Donchian Channel BUY exit confirmation
DC_ExitConfirm_SELL	false	Require Donchian Channel SELL exit confirmation
DC_Timeframe	0	Timeframe (1=M1,2=M5,3=M15,4=M30,5=H1,6=H4,7=D1) // Timeframe for Donchian Channel
DC_ChannelPeriod	20	Lookback period for channel
DC_ConfirmationBars	2	Bars needed for confirmation
DC_MinBreakoutPoints	10	Minimum breakout size in points
DC_ATRMultiplier	1.0	ATR multiplier for volatility filter
DC_ATRPeriod	14	ATR period for volatility
DC_RequireVolumeSpike	false	Require volume spike confirmation
DC_VolumeMultiplier	1.5	Volume spike multiplier
DC_MinPullbackPoints	5	Minimum pullback before breakout (anti-fakeout)
DC_MinRangePoints	20	Minimum channel range to avoid chop
RSI_EntrySignal_BUY	true	Enable RSI BUY entry signal
RSI_EntrySignal_SELL	true	Enable RSI SELL entry signal
RSI_Confirm_BUY	false	Require RSI BUY confirmation
RSI_Confirm_SELL	false	Require RSI SELL confirmation
RSI_ExitTrigger_BUY	false	Enable RSI BUY exit trigger
RSI_ExitTrigger_SELL	false	Enable RSI SELL exit trigger
RSI_ExitConfirm_BUY	false	Require RSI BUY exit confirmation
RSI_ExitConfirm_SELL	false	Require RSI SELL exit confirmation
RSI_TF	0	Timeframe (1=M1,2=M5,3=M15,4=M30,5=H1,6=H4,7=D1) // Timeframe for RSI
RSI_Period	14	RSI period
RSI_Price	1	Applied price (1=close,2=open,3=high,4=low,5=median,6=typical,7=weighted) // Applied price for RSI
RSI_Overbought	70	Overbought level for RSI
RSI_Oversold	30	Oversold level for RSI
RSI_SignalShift	0	Shift for RSI signal line
RSI_Midline	50	RSI midline level
RSI_ExtremeBuffer	5	Buffer for extreme levels (anti-whipsaw)
RSI_MinRange	5.0	Minimum RSI range for valid signal
RSI_MinVolatility	2.0	Minimum volatility threshold
RSI_MomentumBars	3	Bars for momentum confirmation
RSI_DeadZoneSize	5.0	Dead zone around midline
HMA_EntrySignal_BUY	true	Enable HMA BUY entry signal
HMA_EntrySignal_SELL	true	Enable HMA SELL entry signal
HMA_Confirm_BUY	false	Require HMA BUY confirmation
HMA_Confirm_SELL	false	Require HMA SELL confirmation
HMA_ExitTrigger_BUY	false	Enable HMA BUY exit trigger
HMA_ExitTrigger_SELL	false	Enable HMA SELL exit trigger
HMA_ExitConfirm_BUY	false	Require HMA BUY exit confirmation
HMA_ExitConfirm_SELL	false	Require HMA SELL exit confirmation
HMA_Timeframe	0	Timeframe (1=M1,2=M5,3=M15,4=M30,5=H1,6=H4,7=D1) // Timeframe for HMA analysis
HMA_Period	21	HMA period
HMA_ConfirmationBars	2	Bars needed for confirmation
HMA_MinSlopeAngle	0.0001	Minimum slope angle for trend detection
HMA_MinMomentumPoints	5	Minimum momentum in points
HMA_RequirePriceAbove	true	Require price above HMA for buy
HMA_RequirePriceBelow	true	Require price below HMA for sell
HMA_FilterATRMultiplier	1.5	ATR multiplier for noise filter
HMA_FilterATRPeriod	14	ATR period for volatility filter
HMA_TrendStrengthMin	0.7	Minimum trend strength (0-1)
HMA_SmoothingBars	3	Bars for HMA smoothing validation
HMA_MinPriceDistance	2	Minimum distance from HMA in points

Source Code (.mq5)Open Source

Pipsgrowth_com_EX16054.mq5

#property copyright "Pipsgrowth.com"
#property link      "https://pipsgrowth.com"
#property version   "2.00"
#property strict
#property description "Pipsgrowth.com EX16054 new1 -- Momentum Structure Breakout with Donchian, RSI, HMA, full 12-layer stack."

#include <Trade\Trade.mqh>
CTrade trade;

// === INPUT SETTINGS ===
ENUM_TIMEFRAMES MapTimeframeInt(int tf)
{
   switch(tf)
   {
      case 1: return PERIOD_M1;
      case 2: return PERIOD_M5;
      case 3: return PERIOD_M15;
      case 4: return PERIOD_M30;
      case 5: return PERIOD_H1;
      case 6: return PERIOD_H4;
      case 7: return PERIOD_D1;
      default: return PERIOD_H1;
   }
}
ENUM_APPLIED_PRICE MapAppliedPriceInt(int ap)
{
   switch(ap)
   {
      case 1: return PRICE_CLOSE;
      case 2: return PRICE_OPEN;
      case 3: return PRICE_HIGH;
      case 4: return PRICE_LOW;
      case 5: return PRICE_MEDIAN;
      case 6: return PRICE_TYPICAL;
      case 7: return PRICE_WEIGHTED;
      default: return PRICE_CLOSE;
   }
}
ENUM_TIMEFRAMES g_MBS_Timeframe = PERIOD_H1;
ENUM_TIMEFRAMES g_DC_Timeframe = PERIOD_H1;
ENUM_TIMEFRAMES g_RSI_TF = PERIOD_H1;
ENUM_TIMEFRAMES g_HMA_Timeframe = PERIOD_H1;
ENUM_APPLIED_PRICE g_RSI_Price = PRICE_CLOSE;
input group "=== Trade Settings ===";
input ulong       InpMagic = 22216054;                  // EA Magic Number
input string      InpTradeComment = "Psgrowth.com Expert_16054"; // Trade comment
input double Lots             = 1.0;   // Lot size for trades
input double MaxSpread        = 20;    // Maximum spread in points
input double Slippage        = 3;     // Maximum slippage in points
input bool AllowBuyTrades   = true;  // Allow BUY trades
input bool AllowSellTrades  = true;  // Allow SELL trades


ENUM_TIMEFRAMES MapTimeframeInt(int tf)
{
   switch(tf)
   {
      case 1: return PERIOD_M1;
      case 2: return PERIOD_M5;
      case 3: return PERIOD_M15;

Full source code available on download

Educational purposes only. Do NOT use with real money. Test on demo accounts only.

Tags:ex16054trendpipsgrowthfreemt5xauusd

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.