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Trap MT5

One of the main Forex secrets is that the majority of these systems don't actually work. They have been developed by marketers, and are designed to sell, and not work. Once you have paid for the signals or automated software, you will not be able to get your money back ,and such tools would hardly bring you any profit. Forex trading may make you rich if you are a hedge fund with deep pockets or an unusually skilled currency trader. But for the average retail trader, rather than being an easy road to riches, forex trading can be a rocky road to enormous losses and  penury. 

I have been creating risky strategies for 10 years because forex is risky. The basis of forex trading is money management. Never trade this market without having strong risk management skills. Learn this process and then deal with the real market. Trade with money you can lose.

Okay. What's next...? 

The basis of this strategy is the price trap. Of course, an expert requires optimization. To begin with, I recommend only two pairs GBPUSD and EURUSD. With very risky settings, the expert will multiply capital very quickly. But it's up to you to decide how much risk you can afford.

The expert will use various tricks to close the positions.  I can't discuss exactly how it works, but entering the market itself is done by pending orders. Please watch the video and study the expert in visual mode.


Recommended trade on TF H1   Important!  Trading type: Hedging.

Big changes since version 1.10.

  • Changing the trailing stop logic.
  • Displaying the profit on the chart.
  • Additional profit freeze function.   

input group           "..........Choice...........";        

input start_enum      inp_start=2;//Start  

input group           "..............Trend and strategy............";

input int             distance=50;//Distance

input bool            inp_trend=true;//Trend On/Off

input ushort          period_trend=230;//Trend in pips.

input group           "Broker";

string                c_omment="Trap MT5";

input int             spread=100;//Max Spread (Digits 5)

input int             slippage=1;//Slippage

input long            MagicNumber=1;//Magic Number (buy)

input long            MagicNumber2=2;//Magic Number (sell)

input group           "...............Trailing Stop First Orders.......";

input int             step_ts=10;//Step Trailing Stop

input int             start_ts=15;//Start Trailing Stop

input group           "..............Exit Rules............";

input int             SL=250;//Stop Loss

input int             first_tp=100;//Take Profit (first position) 

input double          inp_tp_chart=8;//Take Profit 

input double          PipsStep=31.0;//PipsStep for grid (in pips) 

input int             correction_depth=30;//Correction depth

input int             pips_order=18;//PipsOrder

input int             Max_Trades=16;//MaxTrades

input bool            swap_true=true;//TP+Swap

input enum_partial    partial=4;//TS (Positions-TS)

input group           "...............MoneyManagement.......";

input bool            dynamic_lots=false;//Dynamic Lots

input double          per_dollars=1000;//Per Dollars

input double          inp_Lots=0.01;//Lots (or Per Dollars if Dynamic Lots)

input double          MaxLots=2;//Max Lots

input double          booster=11;//Booster 

input group           "...............Stop Trading.......";

input ushort          inp_hour=16;//Hour

input day_enum        inp_day=5;//Day

input group           "...............Font.......";

input ushort          font_size=9;//Font size

input bool            visual_mode=true;//Show the profit on the chart




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Versão 2.0 2023.03.30
Function modification: Buy, Sell.
Modification of functions: Trailing Stop and Partial Closing
Deleted: Profit on the chart.
Versão 1.90 2023.01.12
New input parameter added:
The minimum distance from a high or low.
One input parameter has been removed:
TS (Positions-TS)
Partial closing of positions has been fully automated.
Fixed an issue where the info panel was minimizing.
Profit calculation on the chart has been improved.
Added trend in pips in the information panel.
Versão 1.50 2023.01.05
Changed TS logic for many positions.
Versão 1.40 2023.01.04
Changes in the information panel.
Versão 1.20 2022.12.26
Code optimization and minor fixes.
Versão 1.10 2022.12.26
Changing the trailing stop logic.
Displaying the profit on the chart.
Additional profit freeze function.