Eagle Eyes EA is an automated MetaTrader 5 robot that executes trades based on institutional Smart Money Concepts, specifically focusing on the Breaker Block retest strategy.
Eagle Eyes EA monitors price action for Break of Structure events and validates Order Blocks before entering positions on price retests. The EA incorporates a higher timeframe structure filter to ensure trades align with the broader market direction. Risk management is a core component, offering percentage-based lot sizing, daily loss limits, and total drawdown protections suitable for prop firm evaluations.
Read from MyEA.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
RiskPercent
double
0.50
% risk per trade
RR_Ratio
double
4.0
Risk-to-Reward (e.g. 4.0 = 1:4)
MaxDailyLossPct
int
5
% max daily loss (prop rule)
MaxTotalLossPct
int
10
% max total drawdown
NewsBufferMin
int
30
minutes before/after news to block trading
HTF_Timeframe
ENUM_TIMEFRAMES
PERIOD_H1
Higher timeframe for structure filter
RequireHTFAlign
bool
true
require HTF alignment (HH/HL or LH/LL)
ShowDashboard
bool
true
toggle dashboard
ShowBreakerBlocks
bool
true
toggle zone plotting
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone Tobias2921/my-forex-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.
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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