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Nyao Scalper is an automated scalping robot for MetaTrader 5 that utilizes a multi-factor weighted scoring system to identify trade opportunities. It evaluates trend alignment through EMA crossovers, momentum via RSI, and price action through wick rejection and candle body analysis. The EA manages risk with adaptive AT
Trading robot ยท MT5
Dual Pending ATR EA
This MetaTrader 5 expert advisor implements a breakout strategy by placing dual pending buy stop and sell stop orders around the current market price.
GitHub stars1
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Last update1 year ago6 Sep 2025
LicenceNone stated
Overview
Dual Pending ATR EA utilizes the Average True Range (ATR) to calculate entry distances, stop loss levels, and trailing stops. An optional Ichimoku cloud filter provides trend confirmation to align entries with market direction. The robot includes dynamic risk management through equity-based lot sizing or fixed volume. When one pending order is triggered, the opposite order is automatically cancelled to prevent multiple exposure or unintended hedging.
- ATR-based dynamic order placement
- Ichimoku cloud trend filtering
- Automated trailing stop management
- Dynamic equity-based risk management
- Stale pending order cleanup
Details
Author
salmansoltaniyan on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Breakout, Trend following
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 Open_Two_Pending_Orders_v2_salman.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
DynamicLotSize | bool | true | Use Money Management |
EquityPercent | double | 2 | Risk Percent if DynamicLotSize is true |
FixedLotSize | double | 0.1 | Fixed LotSize if DynamicLotSize is false |
ATRPeriod | int | 14 | ATR Period |
StopLossATR | double | 2.0 | StopLoss (ATR Multiplier) |
RiskToRewardRatio | double | 2.0 | Risk to Reward Ratio (e.g., 2.0 = 1:2) |
TrailingStopATR | double | 1.0 | TrailingStop (ATR Multiplier) |
PipsAwayATR | double | 1.5 | Distance from current price (ATR Multiplier) |
Slippage | ulong | 30 | Slippage |
Magic | ulong | 1111 | Magic Number |
OptimizationMethod | int | 3 | Optimization Method (1-4) |
TradeDirection | ENUM_TRADE_DIRECTION | TRADE_BOTH_DIRECTIONS | Trade Direction |
Show all 17 inputs
| Name | Type | Default | Description |
|---|---|---|---|
UseTrendFilter | bool | true | Use trend direction filter |
IchimokuTenkan | int | 9 | Tenkan-sen period |
IchimokuKijun | int | 26 | Kijun-sen period |
IchimokuSenkou | int | 52 | Senkou Span B period |
OrderDistanceMultiplier | double | 2.0 | Multiplier for order removal distance |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone salmansoltaniyan/MT5-Dual-Pending-ATR-EA 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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