Trading robot ยท MT5

Eagle Eyes EA

by Tobias2921

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.

GitHub stars2
Forks0
Last update1 year ago24 Aug 2025
LicenceNone stated

Overview

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.

Details

Author

Tobias2921 on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

SMC / ICT / price action, Trend following

Markets

Forex

Timeframes

M15-H1

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.

EA files

Input parameters

Read from MyEA.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
RiskPercentdouble0.50% risk per trade
RR_Ratiodouble4.0Risk-to-Reward (e.g. 4.0 = 1:4)
MaxDailyLossPctint5% max daily loss (prop rule)
MaxTotalLossPctint10% max total drawdown
NewsBufferMinint30minutes before/after news to block trading
HTF_TimeframeENUM_TIMEFRAMESPERIOD_H1Higher timeframe for structure filter
RequireHTFAlignbooltruerequire HTF alignment (HH/HL or LH/LL)
ShowDashboardbooltruetoggle dashboard
ShowBreakerBlocksbooltruetoggle zone plotting

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone Tobias2921/my-forex-ea 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.
  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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