Trading robot · MT5

AutoPilot FX EA

by fingerprintacoustic

The AutoPilot FX EA is an MQL5 Expert Advisor for MetaTrader 5.

GitHub stars1
Forks0
Last update3 weeks ago17 Sep 2026
LicenceNone stated

Overview

AutoPilot FX EA places Buy Stop and Sell Stop orders around current price to create a straddle breakout. The first triggered order trades and the opposite pending order cancels. Upon close the EA places a fresh straddle at new price using dynamic ATR distance. Multiple calc modes allow fixed points, percentage or ATR-relative SL TP and distance. Spread filters and optional ADX chop filter prevent entries in ranging markets. Daily loss limit closes positions if hit. Lot size is fixed unless custom.

Details

Author

fingerprintacoustic on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Breakout

Markets

Any symbol

Timeframes

Any timeframe

Risk Profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

Input Parameters

Read from AutoPilotFX_EA.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
InpPresetENUM_QUICK_PRESETPRESET_AUTOWhat are you trading? (Auto works on anything; pick a specific preset or Custom to set values yourself)
InpCalcModeENUM_CALC_MODECALC_MODE_FIXED_POINTSFixed Points / Percentage of Price / Auto (ATR-Relative)
InpATRPeriodint14ATR Period
InpATRTimeframeENUM_TIMEFRAMESPERIOD_M15ATR Timeframe
InpATRMultiplierdouble1.0Distance = ATR * this multiplier
InpSLPointsint80Stop Loss in points
InpTPPointsint120Take Profit in points
InpSLPercentdouble0.07Stop Loss (% of entry price)
InpTPPercentdouble0.11Take Profit (% of entry price)
InpDistancePercentdouble0.05Straddle distance (% of current price)
InpSLATRMultiplierdouble0.9Stop Loss = ATR * this
InpTPATRMultiplierdouble1.5Take Profit = ATR * this
Show all 28 inputs
NameTypeDefaultDescription
InpMaxSpreadATRFactordouble0.25Skip placing orders if spread exceeds ATR * this
InpLotSizedouble0.01Lot size
InpMagicNumberint260826Magic number (unique EA ID)
InpSlippageint5Max slippage in points
InpMaxSpreadPointsint200Skip placing orders if spread exceeds this (points)
InpRefreshSecondsint30Min seconds between re-placing a stale straddle
InpRepriceATRfactordouble0.5Re-place straddle if price drifts this * ATR from pending price
InpUseChopFilterboolfalseEnable ADX trend filter
InpADXPeriodint14ADX period
InpADXTimeframeENUM_TIMEFRAMESPERIOD_M15ADX timeframe
InpMinADXdouble20.0Minimum ADX to allow a new straddle (below this = treated as ranging/chop)
InpUseDailyLossLimitbooltrueEnable daily loss limit
InpLimitIsPercentbooltruetrue = % of day-start balance, false = fixed money amount
InpDailyLossPercentdouble3.0Daily loss limit (% of day-start balance) - recommended max 5%
InpDailyLossAmountdouble20.0Daily loss limit (account currency, used if InpLimitIsPercent=false)
InpCloseOpenOnLimitHitbooltrueAlso close any open position when the limit is hit (recommended)

How to Install It

  1. 1Download the sourceUse "Download source (.zip)" above, or clone fingerprintacoustic/autopilot-fx-ea-site from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
  3. 3Copy the filesCopy the .mq5 file into Experts.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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