Explore the latest free tools from the MQL5 community. Here's a new indicator, expert advisor, or script for MetaTrader.
You input a precise currency amount you are willing to lose (e.g., $20 or $50). The EA extracts the current market SYMBOL_TRADE_TICK_VALUE and SYMBOL_TRADE_TICK_SIZE to calculate the exact distance to your Stop Loss in ticks. It then normalizes this data into a calculated position volume, adjusting seamlessly to broker rules ( SYMBOL_VOLUME_STEP ). If a setup requires a lot size smaller than your broker's minimum allowance, the trade is safely skipped.
Input Parameters & Optimization Guide
The EA exposes highly flexible inputs designed for the MT5 Strategy Tester:
| Parameter | Default Value | Description | Optimization Potential |
| InpRiskAmount | 20.0 | Fixed monetary currency amount to risk per trade (e.g., $20). | Scale according to your account size. |
| InpMinSLPoints | 5000 | Minimum allowed Stop Loss distance in points. | High. Filter out tiny, low-momentum breakouts or tight noise. |
| InpRewardToRiskRatio | 1.0 | Target reward multiplier (e.g., 1.5 means TP is 1.5x the SL distance). | High. Find the sweet spot for maximum expectancy on your chosen asset. |
| InpMagicNumber | 654321 | Unique tracking identifier for the EA's positions. | Change if running multiple EAs on one account. |
How to Optimize:
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Run a Fast (Genetic Algorithm) optimization on your target index.
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Vary InpMinSLPoints to filter out small structural candles that result in false breakouts.
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Optimize InpRewardToRiskRatio between 0.5 and 2.5 to find the mathematical edge for the H4 timeframe.
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