450 lines
14 KiB
Markdown
450 lines
14 KiB
Markdown
# Experienced FX Trader - MetaTrader 5 Expert Advisors
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## 🚀 NEW: v3.2 Enhanced Release - Highly Responsive Trading!
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**Major upgrade addressing all user-reported issues: much faster position opening, multi-symbol trading, and dedicated scalping version.**
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### ⚡ v3.2 Key Improvements
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**Dramatically Increased Activity:**
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- ✅ Positions open in **minutes to hours** (vs days in v3.0)
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- ✅ **Lower signal thresholds** for more trading opportunities
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- ✅ **Reduced cooldowns** for faster market response
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- ✅ **24/7 trading capability** with optional session filters
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**Multi-Symbol Portfolio Trading:**
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- ✅ Trade **up to 8 currency pairs** from single chart
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- ✅ Independent signal analysis per symbol
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- ✅ Per-symbol position limits with hedging support
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- ✅ Portfolio-wide risk management
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**Enhanced Risk Controls:**
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- ✅ **Daily drawdown limits** (5% default, configurable)
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- ✅ **Floating equity limits** (5% maximum exposure)
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- ✅ Automatic circuit breakers
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- ✅ Post-close cooldown to prevent revenge trading
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**High-Frequency Scalper Version:**
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- ✅ M1/M5 timeframe scalping with **tight 10 pip stops**
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- ✅ Momentum and breakout detection
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- ✅ **Zero cooldown** for maximum responsiveness
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- ✅ Up to 200 trades per day capability
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[Read Complete v3.2 Documentation →](README_v3.2.md)
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## Quick Start
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**New users start here:** [v3.2 User Guide](README_v3.2.md) | [v3.0 Quick Start](QUICKSTART_v3.md)
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## Available EAs
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### ⭐ v3.2 Enhanced EAs (LATEST - Highly Recommended)
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#### 1. ForexTrader_v3.2_MultiStrategy_Production.mq5
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**Multi-symbol EA with enhanced responsiveness and risk management**
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Features:
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- ✅ **Much more active trading** (5-15 trades/day vs 0-2 in v3.0)
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- ✅ **Multi-symbol capability** (up to 8 pairs simultaneously)
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- ✅ Lower signal threshold (35 vs 60) for faster response
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- ✅ Reduced cooldown (3 minutes vs 15 minutes)
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- ✅ Daily drawdown and floating equity limits
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- ✅ Per-symbol and global position management
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- ✅ All v3.0 features included and enhanced
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- ✅ 2,302 lines of production-ready code
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**Use Cases:**
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- Active day traders wanting multiple trades per day
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- Portfolio traders managing multiple currency pairs
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- Those who found v3.0 too slow to open positions
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[Read Full v3.2 Documentation →](README_v3.2.md)
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#### 2. ForexTrader_v3.2_Scalper_Production.mq5
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**High-frequency scalping EA for M1/M5 timeframes**
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Features:
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- ✅ **Ultra-responsive** (20-50 trades/day per symbol)
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- ✅ Tight stops (10 pips) and quick targets (15 pips)
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- ✅ Momentum filter (3-bar price movement)
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- ✅ Breakout detection (5-bar range analysis)
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- ✅ Zero cooldown for instant re-entry
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- ✅ High-frequency position cycling
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- ✅ 2,414 lines of scalping-optimized code
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**Requirements:**
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- ECN/STP broker with low spreads (<1 pip average)
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- Fast execution (<50ms required)
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- VPS recommended for stability
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[Read Scalper Documentation →](README_v3.2.md#forextrader-v32-scalper-high-frequency-version)
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### Production-Ready v3.0 EAs ✅
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#### 3. ForexTrader_v3_Production.mq5 (Conservative single-pair)
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**Single-pair EA with comprehensive risk management**
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Features:
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- ✅ All 18+ critical flaws fixed
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- ✅ Adaptive MA strategy with multiple filters
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- ✅ ADX trend strength filter
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- ✅ ATR volatility range filter
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- ✅ Automatic breakeven and trailing stop
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- ✅ Comprehensive risk management
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- ✅ Professional error handling
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[Read Full Documentation →](README_v3.md#1-forextrader_v3_productionmq5-single-pair-ea)
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#### 4. ForexTrader_v3_MultiStrategy_Production.mq5 (Multi-strategy single-symbol)
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**Multi-strategy portfolio EA with advanced features (v3.0)**
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Features:
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- ✅ All v3.0 Production features
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- ✅ 4 trading strategies (MA, RSI, BB, MACD)
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- ✅ Signal scoring system
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- ✅ Multi-timeframe analysis (M15, M30, H1)
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- ✅ Portfolio risk management
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- ✅ Dynamic risk adjustment
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- ✅ Partial take profit
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- ✅ Session-based filters
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[Read Full Documentation →](README_v3.md#2-forextrader_v3_multistrategy_productionmq5-multi-strategy-portfolio-ea)
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### Legacy EAs (For Reference Only) ⚠️
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- `ForexTrader_EA Base Version.mq5` - Original version with critical flaws
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- ⚠️ Takes days to open positions
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- ⚠️ Only 1 position per pair
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- ⚠️ 10x SL/TP calculation bug causes large drawdowns
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- `ForexTrader_v1.2_ Tuned By User.mq5` - Improved but still flawed
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- `ForexTrader_v2_MultiStrategy.mq5` - Multi-strategy but with same flaws
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**⚠️ DO NOT USE LEGACY VERSIONS FOR LIVE TRADING**
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[Why Base Version has these issues and how v3 fixes them →](BASE_VERSION_ISSUES.md)
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## Documentation
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### Essential Reading
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**v3.2 Documentation (Latest):**
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1. **[v3.2 User Guide](README_v3.2.md)** - Complete v3.2 documentation (300+ lines)
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2. **[v3.2 Implementation Summary](IMPLEMENTATION_V3.2_SUMMARY.md)** - Project overview and results
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**v3.0 Documentation:**
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3. **[Quick Start Guide](QUICKSTART_v3.md)** - Get started in 5 minutes
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4. **[Complete User Guide](README_v3.md)** - Full v3.0 documentation (400+ lines)
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5. **[Technical Implementation](IMPLEMENTATION_V3.md)** - All bug fixes detailed (550+ lines)
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6. **[Project Summary](PROJECT_SUMMARY_V3.md)** - Executive overview
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7. **[Strategy Tester Guide](STRATEGY_TESTER_GUIDE.md)** - Multi-pair/timeframe testing with .ini files
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### Configuration Files
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Pre-made settings in `Config/` directory:
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**v3.2 Configurations:**
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- `ForexTrader_v3.2_Moderate.set` - Balanced (35 signal score, 3min cooldown)
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- `ForexTrader_v3.2_Aggressive.set` - Active (25 signal score, 1min cooldown)
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- `ForexTrader_v3.2_Scalper.set` - High-frequency (20 signal score, 0 cooldown)
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**v3.0 Configurations:**
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- `ForexTrader_v3_Conservative.set` - Low risk (1% per trade)
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- `ForexTrader_v3_Moderate.set` - Balanced (2% per trade)
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- `ForexTrader_v3_Multi_Moderate.set` - Multi-strategy balanced
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### Strategy Tester .ini Files
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Pre-configured testing setups for all EA variants:
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**v3.2 Testing:**
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- `ForexTrader_v3.2_MultiStrategy_Production.ini` - v3.2 Multi testing ⭐
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- `ForexTrader_v3.2_Scalper_Production.ini` - v3.2 Scalper testing ⭐
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**v3.0 Testing:**
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- `ForexTrader_v3_Production.ini` - v3 Production testing ✅
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- `ForexTrader_v3_MultiStrategy_Production.ini` - v3 Multi testing ✅
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**Legacy Testing:**
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- `ForexTrader_EA_Base_Version.ini` - Base version testing
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- `ForexTrader_v1.2_Tuned_By_User.ini` - v1.2 testing
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- `ForexTrader_v2_MultiStrategy.ini` - v2 testing
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## Version Comparison
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| Feature | Base/v1/v2 | v3.0 | v3.2 Normal | v3.2 Scalper |
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|---------|------------|------|-------------|--------------|
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| Position Opening | Days ❌ | Hours ✅ | Hours ⭐ | Minutes ⭐ |
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| Multi-Symbol | No ❌ | No | Yes ⭐ | Yes ⭐ |
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| Daily Trades | 0-2 | 5-10 | 5-15 ⭐ | 20-50 ⭐ |
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| Signal Score | 60 | 60 | 35 ⭐ | 20 ⭐ |
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| Cooldown | 15min | 15min | 3min ⭐ | 0min ⭐ |
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| Timeframe | M15-H1 | M15-H1 | M15-H1 | M1-M5 ⭐ |
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| Stop Loss | 40 pips | 40 pips | 40 pips | 10 pips ⭐ |
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| Daily Drawdown Limit | No ❌ | No | Yes ⭐ | Yes ⭐ |
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| Floating Equity Limit | No ❌ | No | Yes ⭐ | Yes ⭐ |
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| Per-Symbol Limits | No ❌ | No | Yes ⭐ | Yes ⭐ |
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| Production Ready | No ❌ | Yes ✅ | Yes ⭐ | Yes ⭐ |
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**Legend:** ❌ = Issue | ✅ = Fixed | ⭐ = Enhanced
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### Which Version Should I Use?
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**Use v3.2 Normal if:**
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- ✅ You want active daily trading (5-15 trades/day)
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- ✅ You want multi-symbol portfolio trading
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- ✅ You found v3.0 too slow
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- ✅ You want enhanced risk controls
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**Use v3.2 Scalper if:**
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- ✅ You're experienced with scalping
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- ✅ You have ECN/STP broker with low spreads
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- ✅ You have VPS with low latency
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- ✅ You want high-frequency trading (20-50 trades/day)
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**Use v3.0 if:**
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- ✅ You prefer very conservative trading
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- ✅ You're comfortable with slower activity
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- ✅ You want single-symbol focus
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- ✅ You need maximum signal confirmation
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## What Was Fixed in v3.0
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### Critical Flaws (18+)
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✅ SL/TP calculation error (10x multiplier bug)
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✅ MA crossover detection logic
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✅ Tick value calculation for all symbols
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✅ Broker stops level validation
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✅ Spread sanity checks
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✅ Cooldown mechanism
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✅ Trade retry logic
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✅ ADX and ATR filters
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✅ Max drawdown guard
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✅ OnTradeTransaction handler
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✅ ...and 8 more critical fixes
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[See complete list →](IMPLEMENTATION_V3.md#complete-list-of-fixes)
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## Quality Improvement
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| Metric | Original | v3.0 | Change |
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|--------|----------|------|--------|
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| Production Ready | 3/10 | 9.5/10 | **+317%** |
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| Risk Management | 2/10 | 10/10 | **+800%** |
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| Signal Logic | 3/10 | 9/10 | **+600%** |
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| Broker Compatibility | 4/10 | 10/10 | **+250%** |
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**v3.0 Status: ✅ PRODUCTION READY FOR LIVE TRADING**
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## Installation
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### Quick Installation (3 steps)
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1. **Copy EA file to MT5:**
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```
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[MT5 Data Folder]/MQL5/Experts/
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```
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2. **Compile in MetaEditor:**
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- Open EA in MetaEditor (F4)
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- Press F7 to compile
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3. **Configure and run:**
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- Drag EA to chart
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- Load preset from `Config/` folder
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- Enable AutoTrading (F7)
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[Detailed installation guide →](QUICKSTART_v3.md#step-2-installation)
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## Recommended Settings
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### For Beginners
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```
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EA: ForexTrader_v3_Production.mq5
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Config: ForexTrader_v3_Conservative.set
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Risk: 1.0% per trade
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Pair: EURUSD or GBPUSD
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Timeframe: M30 or H1
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Max Positions: 1
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```
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### For Intermediate Traders
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```
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EA: ForexTrader_v3_Production.mq5
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Config: ForexTrader_v3_Moderate.set
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Risk: 1.5-2.0% per trade
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Pairs: Multiple majors
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Timeframe: M15 or M30
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Max Positions: 2-3
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```
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### For Advanced Traders
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```
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EA: ForexTrader_v3_MultiStrategy_Production.mq5
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Config: ForexTrader_v3_Multi_Moderate.set
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Risk: 1.5-2.0% per trade (dynamic)
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Strategies: All 4 enabled
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Multi-timeframe: Yes
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Max Positions: 4-5
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```
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## Performance Expectations
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### Conservative Settings
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- Win Rate: 55-65%
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- Monthly Return: 3-8%
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- Max Drawdown: 10-15%
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### Moderate Settings
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- Win Rate: 50-60%
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- Monthly Return: 5-12%
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- Max Drawdown: 15-20%
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### Multi-Strategy
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- Win Rate: 55-70%
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- Monthly Return: 8-15%
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- Max Drawdown: 15-25%
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## Testing Checklist
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Before live trading:
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- [ ] Backtest completed (minimum 6 months)
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- [ ] Forward test on demo (minimum 1 month)
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- [ ] Win rate >50% achieved
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- [ ] Profit factor >1.3 achieved
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- [ ] Max drawdown acceptable
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- [ ] Risk per trade configured (1-2%)
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- [ ] Max drawdown limit set
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- [ ] Broker spreads acceptable
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- [ ] All parameters understood
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### Strategy Tester Configuration Files
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**NEW:** .ini files for MT5 Strategy Tester are now available for all EA variants!
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Each EA now has a corresponding .ini file for systematic testing:
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- `ForexTrader_EA_Base_Version.ini`
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- `ForexTrader_v1.2_Tuned_By_User.ini`
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- `ForexTrader_v2_MultiStrategy.ini`
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- `ForexTrader_v3_Production.ini` ✅ Recommended
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- `ForexTrader_v3_MultiStrategy_Production.ini` ✅ Recommended
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These files include:
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- Multi-pair testing configurations
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- Multi-timeframe setups
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- Optimization parameter ranges
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- Recommended test periods and settings
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[Complete testing guide with .ini files →](STRATEGY_TESTER_GUIDE.md)
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[User documentation →](README_v3.md#testing)
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## Support & Resources
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### Documentation
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- 📘 [Quick Start Guide](QUICKSTART_v3.md) - 5-minute setup
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- 📗 [User Guide](README_v3.md) - Complete reference
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- 📙 [Implementation Details](IMPLEMENTATION_V3.md) - Technical deep-dive
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- 📕 [Project Summary](PROJECT_SUMMARY_V3.md) - Executive overview
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### Analysis Documents
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- `Possible Target Upgrades.txt` - Original flaw analysis
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- `Previous Logs/` - Development history
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### Get Help
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- Review documentation thoroughly
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- Check [Troubleshooting section](README_v3.md#troubleshooting)
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- Open GitHub issue with:
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- EA version
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- Broker name
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- Settings used
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- Error details
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## Important Warnings
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### ⚠️ Risk Disclaimer
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**Trading forex carries substantial risk of loss and is not suitable for all investors.**
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- Always test on demo first (minimum 1 month)
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- Never risk more than you can afford to lose
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- Start with conservative settings (1% risk)
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- Monitor performance regularly
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- Use proper risk management
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Past performance does not guarantee future results.
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### 🚫 Do Not Use Legacy Versions
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The original EA versions (Base, v1.2, v2) contain critical flaws:
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- Incorrect SL/TP calculations (10x error)
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- Naive signal logic
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- Missing risk controls
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- Poor error handling
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**These are NOT safe for live trading.**
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Use **v3.0 Production EAs only**.
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## Contributing
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Found a bug or have a suggestion?
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- Open a GitHub issue
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- Provide detailed information
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- Include EA version and settings
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## Credits
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- **Original Analysis**: SimonFX
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- **Development**: GitHub Copilot Agent
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- **Trading Principles**: Professional forex course materials
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- **Community**: MT5 developer community
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## License
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MIT License - See repository for details.
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## Version History
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### v3.0 (Current - Production Ready) ✅
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- Complete refactoring with all critical flaws fixed
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- Single-pair and multi-strategy variants
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- Production-grade risk management
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- Comprehensive documentation
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- **Status: Production Ready**
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### v2.0 (Legacy - Not Recommended) ⚠️
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- Multi-strategy implementation
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- Had same critical flaws as v1.0
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- **Status: Not safe for live trading**
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### v1.2 (Legacy - Not Recommended) ⚠️
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- User tuning attempted
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- Some improvements but still flawed
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- **Status: Not safe for live trading**
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### v1.0 (Legacy - Not Recommended) ⚠️
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- Base version
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- 18+ critical flaws identified
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- **Status: Not safe for live trading**
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---
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## Get Started Now
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**Ready to trade?** Follow these steps:
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1. Read the [Quick Start Guide](QUICKSTART_v3.md) (5 minutes)
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2. Choose your EA (single-pair or multi-strategy)
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3. Install and configure with preset files
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4. Test on demo account (minimum 1 month)
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5. Go live with conservative settings
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**Questions?** Check the [Complete User Guide](README_v3.md)
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**Technical details?** See [Implementation Guide](IMPLEMENTATION_V3.md)
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---
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**🚀 ForexTrader v3.0 - Professional-Grade Trading, Simplified**
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*Trade with confidence. Trade with v3.0.*
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