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.
Webhook integration via external Python server
Smart Money Concepts filters including BOS and ChoCh
Automated news event handling and trade blocking
Fair Value Gap validation across multiple timeframes
Percentage-based risk management and dynamic sizing
1Download the sourceUse "Download source (.zip)" above, or clone fynnelsner/mt5-ea-dumb 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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