Risk & protection · MT5

Spread Hour and News Dodger

by andrewg211

This collection of utilities for MetaTrader 5 focuses on protecting open positions during periods of high volatility or spread widening.

GitHub stars2
Forks0
Last update7 weeks ago3 Aug 2026
LicenceNone stated

Overview

The SpreadHourDodger tool manages stop loss orders during market rollover by either removing them entirely or widening them based on historical spread data stored in a CSV file. The NewsDodger tool automates the closing of positions before scheduled high-impact news events. These tools act as trade managers rather than entry systems, requiring manual activation and specific time configurations. Notable risks include the potential for unprotected trades if the platform crashes while stop losses are removed.

Details

Author

andrewg211 on GitHub

Type

Risk & protection

Platform

MetaTrader 5 (MQL5)

Markets

Forex

Timeframes

Any timeframe

Risk profile

  • Trades without a fixed stop loss

Input parameters

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

NameTypeDefaultDescription
ModeENUM_SL_MODERemoveSLSL handling mode
SpreadHourStartstring23:59Spread hour start time (HH:MM)
SpreadHourEndTimestring01:01Spread hour end time (HH:MM)
EnableboolfalseEnable EA
ScopeENUM_SCOPE_MODECurrentScope
PairsListstringEURUSD,GBPUSD,USDJPY,USDCHF,USDCAD,AUDUSD,NZDUSD,EURGBP,EURJPairs
SpreadFilestringbroker-spread.csvSpread history CSV
FileModeENUM_FILE_MODEReadWriteCSV access
Multiplierdouble1.0Spread multiplier
Failoverint0Failover (points)

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone andrewg211/mq-experts-v2 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, and any .mqh files into the Include folder the code expects.
  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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