EA Price Action MT5 Source Code

EA Price Action MT5 Source Code is a robust automated trading solution for MetaTrader 5, designed for traders who prefer pure price action strategies over indicator-heavy systems.
Built for clarity, accuracy, and flexibility, this Expert Advisor uses candlestick behavior, support/resistance zones, and trend direction to identify high-probability trade setups — all without relying on complex lagging indicators.

📊 Key Details at a Glance

Minimum Deposit: $100–$300
Time Frame: H1, H4
Recommended Pairs: EUR/USD, GBP/USD, USD/JPY
Trading Strategy: Price Action-Based Decision Making

💰 Minimum Deposit

The Price Action EA MT5 v1.0 is designed to work efficiently across different account sizes:

• Low Deposit Friendly: Start with as little as $100.

• Optimal Performance: Recommended $300+ for smoother equity curves and better drawdown management.

• Works seamlessly with micro, mini, and standard accounts.

🕒 Recommended Time Frame

• Optimized for H1 (1-Hour) and H4 (4-Hour) charts.

• These time frames offer the ideal balance between signal reliability and trade frequency.

• Helps reduce false entries while capturing significant market movements.

✅ Best for swing and intraday traders who want to catch trend reversals and momentum shifts with minimal noise.

💱 Recommended Currency Pairs

The EA performs best on major Forex pairs with high liquidity and consistent market behavior:

• EUR/USD – Ideal for structured and consistent price action.

• GBP/USD – Excellent for volatility-based setups and strong momentum moves.

• USD/JPY – Great for steady, trending conditions.

Each pair’s price dynamics have been optimized for candlestick precision and trend strength recognition.

📈 How the Price Action EA Executes Trades

The Price Action EA Source Code V1.0 MQ5 relies on core price action principles to generate smart and efficient trade entries. Here’s how it works step-by-step:

1️⃣ Candlestick Pattern Recognition

• Detects key formations like pin bars, engulfing candles, and inside bars.

• Confirms signals using support and resistance context for accuracy.

2️⃣ Dynamic Support and Resistance Zones

• Automatically identifies reactive price zones such as pivot points, trendlines, or moving averages.

• Trades only trigger when price interacts with these zones and a valid signal appears.

3️⃣ Trend Analysis

• Uses moving averages or trend-based filters to determine the dominant market direction.

• Buys in uptrends and sells in downtrends, ensuring trades align with macro price flow.

4️⃣ Entry and Exit Logic

• Entry Conditions:
  Waits for confirmation signals — breakouts, retests, or strong reversal candles.
  May include additional filters such as RSI strength or market volume.

• Exit Conditions:
  Trades close using fixed TP/SL, trailing stops, or when a reversal pattern forms.

5️⃣ Risk Management System

• Built-in protection features for capital safety:

  • Maximum drawdown controls.

  • Dynamic lot size adjustment based on account balance.

  • Spread and slippage filters for stable performance during volatility.

🧠 Why Choose Price Action EA MT4 v1.0 MQ5?

✅ Simplicity

Pure price action-based logic — no lagging indicators or complex settings.

✅ Flexibility

Fully editable MQ5 source code for advanced users and developers.

✅ Proven Strategy

Built on time-tested candlestick patterns and trend logic used by professional traders.

✅ Low Risk & High Precision

Focuses on quality setups rather than overtrading, ensuring optimal risk-to-reward balance.

🧩 Ideal For

• Traders who prefer manual-style logic in an automated EA.

• Developers seeking a clean, customizable MQ4 base code for further optimization.

• Beginners who want a safe and easy-to-understand trading robot to learn from.

💬 Conclusion

The EA Price Action MT5 Source Code provides a complete, efficient, and flexible price action trading framework for MetaTrader 5 users.
By combining candlestick analysis, trend direction, and smart risk management, it delivers a disciplined approach to trading without unnecessary complexity.

Whether you’re automating your manual strategy or learning to code your own EA, this version serves as a solid foundation for profitable, data-driven trading.