Trading robot · MT5

HFT Stop Reverse Single Direction

by NOVESH-CREATE

This Expert Advisor for MetaTrader 5 implements a stop-and-reverse trading strategy using pending stop orders.

GitHub stars2
Forks1
Last update2 months ago28 Jun 2026
LicenceNone stated

Overview

HFT Stop Reverse Single Direction places Buy Stop and Sell Stop orders that trail price movements in a single direction to tighten the entry point. Once a position is active, the EA maintains an opposite pending order as a reversal trigger, trailing it behind the market price. The stop loss for the active trade is dynamically linked to the price of this opposite pending order. It includes logic to close older positions upon reversal and manages risk through fixed lot sizing and adjustable stop loss gaps.

Details

Author

NOVESH-CREATE on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Breakout, Scalping

Markets

Gold

Timeframes

M1-M5

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

NameTypeDefaultDescription
InpLotsdouble0.01Lot size
InpReverseDistancedouble0.60Pending stop distance from market price, in price units
InpStopLossGapdouble1.90SL gap from opposite stop, in price units
InpMinModifyStepdouble0.01Minimum price change before modifying orders/SL
InpMagicNumberulong190060Magic number
InpDeviationPointsuint50Deviation/slippage in points
InpPlaceInitialBothStopsbooltrueIf no position, maintain both initial stops
InpCloseOlderOnReversebooltrueIf both directions exist, close older position
InpPrintDebugbooltruePrint management messages

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone NOVESH-CREATE/HFT_StopReverse_SingleDirection 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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