Nyao Scalper is an automated scalping robot for MetaTrader 5 that utilizes a multi-factor weighted scoring system to identify trade opportunities. It evaluates trend alignment through EMA crossovers, momentum via RSI, and price action through wick rejection and candle body analysis. The EA manages risk with adaptive AT
Trading robot · MT5
Straddle TP SL EA
Straddle TP SL EA is a breakout robot for MetaTrader 5, specifically optimized for gold trading.
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Last update2 months ago22 Jul 2026
LicenceNone stated
Overview
Straddle TP SL EA implements a straddle strategy by placing buy-stop and sell-stop orders at the boundaries of a recent price range, typically using the last M5 candle. The EA includes risk management features such as ATR-adaptive stop losses, spread-aware trailing stops, and position sizing based on account equity. It filters entries using a built-in news calendar, UTC session hours, and minimum volatility requirements. Additional safety controls include daily profit and loss targets, a holiday skip list, and an on-chart dashboard.
- ATR-adaptive volatility stop loss
- Integrated MQL5 news calendar filter
- Equity percentage-based risk sizing
- One-Cancels-Other breakout pending orders
- Real-time on-chart status dashboard
Details
Author
minhajul61 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.
EA files
Input parameters
Read from StraddleTPSL.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpLookbackCandles | int | 1 | Candles to build range (high/low); 1 = last M5 candle |
InpRangeTF | ENUM_TIMEFRAMES | PERIOD_M5 | Timeframe for range calculation |
InpBufferPoints | double | 50 | Buffer beyond range high/low (points) |
InpMinRangePoints | double | 200 | Skip setup if candle range < this (points) - filters dead/choppy bars. Changed 300->200 on 2026-07-23: swept 50/100/150/ |
InpUseSessionFilter | bool | true | Skip new setups during the excluded hours below |
InpBrokerPreset | ENUM_BROKER_PRESET | BROKER_CUSTOM | Pick your broker for its known offset, or Custom to enter it manually |
InpCustomGMTOffsetHours | int | 3 | Used only when InpBrokerPreset = Custom - broker server time = UTC + this |
InpExcludedHoursUTC | string | 4,10,11,22,23 | Comma-separated UTC hours to skip (weak/negative-edge hours) |
InpATRPeriod | int | 14 | ATR period (computed on InpRangeTF) |
InpATRMultSL | double | 0.5 | Initial SL distance = ATR * this - adapts to volatility. Changed 1.5->0.5 on 2026-07-23: swept 1.5/1.0/0.75/0.5 on CXM D |
InpTrailStartSpreadMult | double | 0.1 | Trailing starts once profit >= current spread * this. Real-tick backtest tested 0.01/1.0/3.0 on the same week: LOWER (fa |
InpTrailStartProfitUSD | double | 0 | One-time arm gate: no trailing at all until floating profit clears this $ amount once; after that, trailing follows the |
Show all 40 inputs
| Name | Type | Default | Description |
|---|---|---|---|
InpTrailStepPoints | double | 100 | SL trail distance kept behind price (points) |
InpTPPoints | double | 0 | Fixed TP distance (points); 0 = disabled, trailing SL exits |
InpUseATRSpikeFilter | bool | false | Skip new setups when ATR is spiking well above its recent baseline. Tested worse in a real-tick A/B (profit $294 vs $318 |
InpMaxATRRatio | double | 1.5 | Current ATR must be <= baseline * this to allow a new setup |
InpATRBaselineBars | int | 20 | Bars averaged (on InpRangeTF) to build the ATR baseline |
InpUseTrendFilter | bool | false | Trend-aligned trades trail looser, so they hold longer for bigger profit (tested worse: -46% profit, 8x drawdown - kept |
InpTrendMAPeriod | int | 50 | MA period (computed on InpRangeTF) that defines the trend |
InpTrendHoldMultiplier | double | 2.5 | Trend-aligned trades trail at InpTrailStepPoints * this (wider = holds longer) |
InpUseRiskSizing | bool | true | Size lots by % equity risk instead of fixed lot - REQUIRED when porting to a broker with a different contract size (this |
InpRiskPercent | double | 0.5 | Risk % of equity per trade (used when InpUseRiskSizing = true) |
InpLotSize | double | 0.01 | Fixed lot size (used only if InpUseRiskSizing = false, or as fallback if risk sizing fails) |
InpSlippagePoints | int | 20 | Max slippage (points) |
InpMagic | int | 20260716 | EA magic number |
InpPendingExpiryMin | int | 240 | Pending order expiry, minutes (0 = GTC) |
InpAllowLong | bool | true | Allow long (buy stop) setups |
InpAllowShort | bool | true | Allow short (sell stop) setups |
InpUseDailyLimit | bool | true | Stop arming new setups once today's P/L hits either limit below (open positions still managed/trailed) |
InpDailyProfitTargetPct | double | 0 | Stop new trades once daily P/L >= this % of day-start balance (0 = disabled) |
InpDailyMaxLossPct | double | 2.0 | Stop new trades once daily P/L <= -this % of day-start balance (0 = disabled) |
InpTradeMonday | bool | true | Allow new setups on Monday |
InpTradeTuesday | bool | true | Allow new setups on Tuesday |
InpTradeWednesday | bool | true | Allow new setups on Wednesday |
InpTradeThursday | bool | true | Allow new setups on Thursday |
InpTradeFriday | bool | true | Allow new setups on Friday |
InpTradeSaturday | bool | false | Allow new setups on Saturday |
InpTradeSunday | bool | false | Allow new setups on Sunday |
InpHolidayDates | string | | Comma-separated dates to skip entirely, format YYYY.MM.DD (e.g. "2026.12.25,2026.01.01") |
InpUseNewsFilter | bool | true | Skip new setups around high-impact economic calendar events (uses MQL5's built-in Calendar - works in live/demo; in the |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone minhajul61/Straddle-TP-SL-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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