by 
This expert advisor for MetaTrader 5 is a multi-strategy system that utilizes market regime detection to switch between trend following, range trading, and breakout modes. It incorporates a wide array of technical indicators, including Moving Averages, RSI, MACD, Ichimoku, and SuperTrend. The bot manages risk through v
Trading robot · MT5
Sumting Wong EA
This multistrategy expert advisor for MetaTrader 5 combines currency strength analysis, breakout/reversal logic, and swap carry trading.
GitHub stars2
Forks2
Last update3 months ago10 Jun 2026
LicenceNone stated
Overview
Sumting Wong EA targets various markets including forex, gold, oil, indices, and crypto. Trade execution involves ATR-based stop losses, multiplier-based take profits, and partial closing mechanisms. Risk is controlled through balance-percentage sizing with a virtual balance option, daily trade limits, and an account-wide profit close-out trigger. The system includes a specific reversal mode and a strict swap filter for carry trade optimization across multiple instruments.
- Multistrategy including currency strength and carry trading
- ATR-based dynamic stop loss with trailing functionality
- Partial take profit and breakeven management
- Risk calculation based on real or virtual balance
- Time-restricted trading windows and daily trade limits
Details
Author
definitelyfkd on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Breakout, Mean reversion, Multi-strategy
Markets
Forex, Gold, Crypto, Indices, Oil & commodities
Timeframes
M15-H1, H4 and above
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 SumtingWong EA.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
Passkey | string | | Enter the correct passkey to run the EA |
GeneralTradeOptions | string | --- General Options --- | |
MagicNumber | int | 04011994 | |
JPY_BlockThresh | double | 161.0 | Set price for BOJ intervention |
Timeframe | ENUM_TIMEFRAMES | PERIOD_H1 | Timeframe To trade On |
StartTradingHour | int | 0 | Server hour to start opening new trades |
StopTradingHour | int | 24 | Server hour to stop opening new trades (24 = always on) |
RVIPeriod | int | 10 | Set Period for RVI features |
TradeManagment | string | --- Profit Target --- | |
TP_Multiplier | double | 2.0 | TP distance = Stop Loss pips × Multiplier |
RiskPercent | double | 0.50 | Risk per trade (% of balance) |
UseVirtualBalance | bool | true | Use virtual balance instead of real balance for risk calculation |
Show all 40 inputs
| Name | Type | Default | Description |
|---|---|---|---|
VirtualBalance | double | 100000.0 | Virtual balance amount for risk calculation |
MaxDailyTradesGlobal | int | 10 | Max total trades across all symbols per day (0 = unlimited) |
AutoProfitOptions | string | --- AUTO PROFIT CLOSE --- | |
AutoCloseEnable | bool | true | Close all trades when profit reaches threshold |
AutoClosePercentage | double | 1.0 | Profit percentage to trigger close (based on balance) |
AutoCloseStopForDay | bool | true | Stop trading for the day after profit threshold triggers |
TakeProfitOptions | string | --- TAKE PROFIT OPTIONS --- | |
UsePartialTP | bool | true | |
BreakEvenAfterPartial | bool | true | |
BEPercentofTP | double | 5.0 | |
StopLossOptions | string | --- STOP LOSS OPTIONS --- | |
ATR_SL_Multiplier | double | 3.0 | Stop Loss = ATR × this multiplier |
EnableTrailingStop | bool | true | |
EntryPoints | string | --- ENTRY POINTS --- | |
EnableThresholdTrading | bool | true | |
MaxForexTrades | int | 3 | |
BOModeOptions | string | --- BO Mode (Reversal) --- | |
EnableBOMode | bool | true | |
MaxBOTrades | int | 3 | |
BO_RevCandleMultiplier | double | 1.5 | Entry threshold = average * multiplier |
BO_RevImmediateEntry | bool | false | If true, enter immediately when candle reaches size; else wait for candle close |
BO_RevMinBodyPercent | double | 5.0 | |
BO_MultiCandleLookback | int | 3 | 0=off, 1‑3 = check combined range over this many candles |
SwapTradingOptions | string | --- SWAP TRADING --- | |
EnableSwapTrading | bool | true | |
SwapMasterModeOptions | string | --- SWAP MASTER MODE --- | |
SwapMasterMode | ENUM_SWAP_MASTER_MODE | SWAP_MODE_STRICT | Lenient/Moderate/Strict |
SwapStrictOptions | string | --- STRICT: Threshold Settings --- |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone definitelyfkd/MultiStrategy-MT5-EA-Swap-Forex-Oil-Indices-Gold-Bitcoin- 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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