SilviosEAbest26 - MetaTrader 5 Expert | Forex Indicators Download - MT4/MT5 Resources

EA uses the mean reversion method and uses price action boundaries and moving averages for trend guidance:

Dynamic Price Areas: The EA continuously calculates the highs and lows of the last 48 candles (LookbackPeriod) to determine key supply and demand levels.

Entry trigger: When the price enters a predefined buffer (ZoneBufferPips), the trade is initiated. This allows for precise entry before the market moves towards historical resistance or support levels.

Momentum Confirmation: In order to filter out false breakouts, the RSI indicator must confirm the trend:

Buy: Price hits lower zone + RSI < 40.

Sell: Price hits upper zone + RSI > 55 (optimized threshold for maximum win rate).

Dynamic Lot Size: Position size is automatically calculated based on account balance and user-defined risk percentage (RiskPercent).

Advanced Protection: Fixed Stop Loss and Take Profit for every trade.

Profit Lock: An integrated break-even function and a trailing stop work automatically to secure profits when a trade goes in your favor.

Smart Exit: This system monitors overbought/oversold conditions and can close positions early if the RSI reaches opposite extremes.

Live Dashboard: Basic data including current RSI, spread, risk and assigned magic number are displayed directly on the chart.

Optimized performance: Full compatibility with MT5 (hedging/netting accounts), zero compiler warnings and detailed diagnostic logging in the expert tab.

User-Friendly Customization: All parameters, including lookback period, RSI thresholds and pip values, are fully adjustable to suit different market conditions.

Real-time prop company rules tracker: daily drawdown, maximum drawdown, profit target progress, trading days and challenge status with visual progress bar. Presets for FTMO, MyFundedFX, E8, TFT and Bulenox. Pure indicator - no trade interference.

Professional trading management panel: one-click buy/sell, automatic lot size, intelligent trailing stop (ATR/fixed/candle), automatic breakeven, multi-TP partial closing system (TP1/TP2/TP3) and one-click pending orders. All-in-one order management for serious traders.

This is a minimalist CRT (Candle Range Theory) visualization tool with less than 100 built-in lines that reveals the "perfect" single time frame setup that actually occurs in real markets.

Connect your MetaTrader 5 account to Telegram. Receive instant notifications directly to your phone every time a trade is opened, closed or modified. This is a notification-only Expert Advisor. It does not conduct, modify or close any transactions. It monitors your account activity and sends formatted messages to your Telegram chat rooms via Bot API.

Attachment download

📎 SilviosEAbest26.mq5 (16.22 KB)

Source: MQL5 #68934