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Duelist is an MT5 expert advisor that trades EURUSD and AUDCAD through two independent basket and grid modules, both run from a single EURUSD chart. Each module has its own direction, lot, schedule and protection settings.
Get one message the moment it launches, with its price.
Duelist is an MT5 expert advisor that trades two currency pairs, EURUSD and AUDCAD, from a single EURUSD chart. Each pair has its own module with its own logic, so the two do not depend on each other. Both rely on a managed basket and grid approach rather than single isolated trades.
When a module's entry conditions are met, it opens a directional basket. A basket can contain several positions, and the EA manages them together. The pair-specific logic differs between the EURUSD and AUDCAD modules, and the exact entry rules are not published in detail, so test the behaviour on a demo account before using real funds.
With hedge mode on, BUY and SELL baskets can be open at the same time and are managed independently. With it off, the EA does not open a new basket in the opposite direction while a basket in the other direction is still active.
Duelist trades EURUSD and AUDCAD. Attach it to your broker's EURUSD chart, with M15 as the recommended timeframe. A hedging account type, low spreads and stable execution are advised. A VPS helps keep the EA running without interruption.
Exact input names and default values depend on the build you receive, so check the inputs tab after loading the EA instead of relying on this page for numbers. The main groups are:
| Group | What it controls |
|---|---|
| Module switches | Turn the EURUSD and AUDCAD modules on or off |
| Lot sizing | Auto lot presets based on balance, or a fixed initial lot |
| Direction and hedge mode | Allowed trade directions and whether BUY and SELL baskets can coexist |
| Spread and schedule | Spread limits, trading calendar and news filtering |
| Protection | Optional total stop loss per module, in account currency or as a percentage of balance, and margin-safety controls |
The on-chart dashboard shows the status of each module, current exposure, floating results and historical statistics. Two-click controls let you close the BUY or SELL positions that belong to a given module, which reduces the chance of closing them by accident.
Lot settings define the starting volume only. During a grid sequence, more positions can be added and exposure can rise. Stops and closing orders depend on market conditions and on how your broker executes them. Live results can differ from tests because of spreads, slippage, liquidity, commissions and swaps. The author suggests around 1,000 USD or equivalent when running both modules; confirm what suits your own account and broker.
Trading leveraged forex carries a high level of risk, and you can lose more than you expected. Past results do not predict future ones. Test on a demo account first and only use an exposure level you can afford.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (hedging account recommended) |
| Strategy focus | Signals, Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor |
| Markets | EURUSD and AUDCAD (attach to the EURUSD chart) |
| Recommended chart timeframe | M15 |
| Trade style | Basket and grid, optional hedge mode |
| Lot sizing | Auto lot presets based on balance, or fixed initial lot |
| Suggested deposit | Around 1,000 USD or equivalent for both modules; check with your broker |
| Requirements | Low spreads, stable execution, VPS advised; no external indicators |
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Attach one instance to your broker's EURUSD symbol, ideally on the M15 timeframe. The AUDCAD module is run by the same instance, so you do not need to open a separate AUDCAD chart. The EA tries to detect common broker prefixes and suffixes for AUDCAD automatically.
A hedging account is recommended. The EA uses baskets that can hold several positions, and hedge mode can run BUY and SELL baskets together, which fits a hedging account. Check your account type with your broker before buying.
Yes. The EURUSD module and the AUDCAD module can each be switched on or off, so you can run either one alone or both together. Each has its own magic number, direction control, lot sizing, schedule and protection settings.
No. Auto lot and fixed lot set the starting volume of a basket. While a grid sequence is active, more positions can be opened and total exposure can grow. Use conservative sizing and make sure you have enough free margin.
The EA checks for open positions that match the configured symbol and magic number and shows on the dashboard whether they were recognised and whether management of them is active. Always confirm this on the dashboard after a restart.
No external indicators are needed. Install the EA in the Experts folder, restart or refresh the terminal, and enable algorithmic trading.
Duelist MT5
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