Hydra Prime executes trades based on intraday momentum expansions and market structure shifts using Smart Money Concepts like Fair Value Gaps and Optimal Trade Entry zones. The robot analyzes swing structures on the M5 timeframe, scaling entries with volatility-adaptive calculations. Risk management includes a maximum daily drawdown limit, fixed percentage lot sizing, and a single active trade restriction. The EA manages trade exits through ATR-based trailing stops and automated partial profit-taking.
Read from main.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
InpSymbol1
string
XAUUSD
InpMagicNum
int
197400
InpMaxDailyLoss
double
5.0
Max Daily Drawdown (%)
InpMaxTotalTrades
int
1
Sniper mode: 1 trade at a time
InpRisk_Per_Trade
double
1.0
Risk per trade %
InpBroker_GMT_Offset
int
2
Check your broker!
InpStart_Hour
int
8
London Open (Critical for Gold)
InpEnd_Hour
int
18
NY Lunch Close
InpTrade_Friday
bool
false
Gold often chops on late Friday
InpTF
ENUM_TIMEFRAMES
PERIOD_M5
InpBaseSwing_Dev
double
1.5
Masked: Standard baseline deviation
InpVol_Period
int
14
Standard ATR
Show all 23 inputs
Name
Type
Default
Description
InpOTE_Shallow
double
0.618
Masked: Standard Fibonacci
InpOTE_Deep
double
0.786
Masked: Standard Fibonacci
InpCancel_Bars
int
8
Expiration bars threshold
InpSL_ATR_Mult
double
2.0
Masked: Standard ATR multiplier
InpLiquidity_Pad
double
100
Masked: Standard $1.00 liquidity cushion
InpMin_Stop_Dist
double
100
Points Minimum stop distance
InpTP_Risk_Reward
double
2.0
Masked: Standard 1:2 Risk/Reward target
InpTrailMode
ENUM_TRAIL_MODE
TRAIL_VOLATILITY
InpTrail_ATR
double
2.0
Masked: Standard tight trailing stop
InpUse_Partial
bool
true
Secure the bag early on Gold
InpSpread_Max
double
300
Max Spread in Points ($0.30)
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone sriramvarun0636/HydraPrime 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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