Trading robot · MT5

DevyyTrades Webhook EA

by fynnelsner

This MetaTrader 5 Expert Advisor functions as a bridge for TradingView alerts, processing signals through a Python-based webhook server.

GitHub stars1
Forks0
Last update4 months ago21 May 2026
LicenceNone stated

Overview

DevyyTrades Webhook EA executes a mechanical strategy involving trend following, Fair Value Gaps, and structural changes like Break of Structure. The EA includes sophisticated risk management such as dynamic position sizing based on a defined risk percentage, automated stop loss and take profit targets, and breakeven adjustments. It also features a dedicated news filter that can prevent new trades or close existing positions around high-impact economic releases, ensuring compliance with specific trading sessions and time filters.

Details

Author

fynnelsner on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Trend following, SMC / ICT / price action, News, Breakout

Markets

Forex, Gold

Timeframes

M1-M5, M15-H1, H4 and above

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 DevyyTrades_EA_v2.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
InpWebhookUrlstringhttps://ea.devyytrades.com
InpApiKeystringoptional
InpAllowedSymbolsstringUSDJPY,GBPUSD,GBPUSD+,AUDUSD,AUDUSD+,XAUUSD,XAUUSD+.
InpMaxPositionsint4max open positions
InpLotSizedouble0.1fixed lot fallback (only used if MaxRiskPct = 0)
InpMaxRiskPctdouble1.0max risk % per trade (0 = use LotSize)
InpMinSLPipsint10min SL distance (pips)
InpMaxSLPipsint35max SL distance (pips)
InpFallbackMinPipsint15min on 5m / 1m fallback
InpBreathingPctint10SL breathing room %
InpTPRatiodouble1.0R:R (1.0 = 1:1)
InpDevyyEntryPipsint2Devyy entry offset (>10pips only)
Show all 21 inputs
NameTypeDefaultDescription
InpUseTimeFilterbooltrue
InpTradeStartHourint8CET
InpTradeEndHourint22CET
InpNewsBufferMinint30news block before (mins)
InpNewsExitMinint15close positions before (mins)
InpAutoCloseNewsbooltrue
InpCandleExpiryint10cancel limit after N candles
InpPollIntervalSecint2seconds
InpNewsPollMinint5minutes

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone fynnelsner/mt5-ea-dumb 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, and any .mqh files into the Include folder the code expects.
  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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