MinuteMaster

The MinuteMaster trading bot is an automated trading algorithm designed for MetaTrader 5 (MT5). The bot uses Exponential Moving Averages (EMAs) for trend-based decision-making and incorporates robust risk management features such as stop loss, take profit, trailing stop, and trade session restrictions.

Core Features

1. Trading Strategy

   • The bot identifies buy and sell signals based on multiple EMA crossovers:
     • A buy signal is generated when EMAs are all trending upwards.
     • A sell signal is generated when EMAs are all trending downwards.
   • It ensures trend continuation by using a three-bar confirmation method before executing a trade.

2. Time-Based Trading Sessions

   • The bot allows trading only during specific global market sessions (Sydney, Tokyo, London, New York).
   • It considers the user-defined GMT offset to align with market hours.

3. Trade Execution & Management

   • Max active trades: Limits the total number of concurrent trades to 10.
   • Fixed lot size: Uses a default lot size of 0.01, adjustable by the user.
   • Stop Loss (SL) & Take Profit (TP):
     • Default 600 points for both SL and TP.
     • Prevents excessive risk by ensuring proper exit conditions.
   • Trailing Stop (TS):
     • Activated when price moves 300 points in favor.
     • Ensures profits are locked in as the market moves.
   • Trade Validation:
     • Verifies margin availability before placing orders.
     • Ensures volume is within the broker’s lot size constraints.

4. Trailing Stop Management

   • The bot dynamically updates the stop loss when the price moves in the trade’s favor.
   • Ensures stop loss modification only if it improves trade security.
   • Helps in securing profits while reducing downside risk.