Critiq Framework5 generates entry signals by combining the Waddah Attar Explosion model with a Double Exponential Moving Average (DEMA) system. For risk management, the EA calculates stop loss levels based on Average True Range (ATR) and features a dynamic lot sizing algorithm that reduces risk exposure after consecutive losses. Trade management includes multiple profit targets, trailing stop adjustments, and a breakeven function, while an intraday filter restricts activity to specific hours.
Waddah Attar Explosion and DEMA signal integration
Read from Main.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
rpp
double
1.0
Risk per position
pos_ratio
double
10.0
TP/SL Position ratio
rpp_reduce_per_loss
double
0.01
Risk Reduce per loss
ps_be
double
0.5
BreakEven ratio
ps_t1
double
0.5
Target 1 ratio
ps_t2
double
0.8
Target 2 ratio
ps_s1
double
0.5
StopLoss 1 ratio
ps_s2
double
0.8
StopLoss 2 ratio
limits_intraday_from
int
2
Intraday start at
limits_intraday_to
int
22
Intraday end at
atr_period
int
14
atr_multiplier
double
1.5
Show all 22 inputs
Name
Type
Default
Description
wadPrice
ENUM_PRICE_DERIVATIVE
Close
wadSensitivity
int
150
wadFLength
int
20
wadSLength
int
40
wadBLength
int
20
wadBDev
double
2.0
wadSmooth
ENUM_YES_NO
Yes
dewa_period
int
30
dewa_volume
double
0.7
dewa_price
ENUM_APPLIED_PRICE
PRICE_CLOSE
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone Capital-Advisory-Technology/Framework5 from GitHub, and unzip it.
2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
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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