DYJ Withdrawal Plan

DYJ Withdrawal Plan is an expert advisor for MetaTrader 5 that looks for trend reversals, opens trades in the direction of the new move and closes them under rules you set. It also has a manual trading panel, a recovery mode for positions that move against you, and a profit withdrawal schedule for planning how much to take out of the account.

How it works

The core logic watches for a change in market direction and uses it to time entries and exits. Depending on the inputs you enable, entries can also be filtered with moving average and envelope conditions, which ties in with the support and resistance tag on this listing. Once a position is open, the panel shows profit for each symbol and a combined figure across all trades.

Trading modes

• Single order mode: one position at a time, with take profit, stop loss and profit trailing.
• Grid mode: additional positions are added at a set distance from the first, with the same exit tools.
• Martingale mode: position size increases in steps after adverse moves. This mode can build large exposure quickly.
• Game mode (recovery): uses hedging to work a losing position back toward break-even. It needs an account type that permits hedged positions.

Manual assistant

You can place trades by hand, let the expert advisor trade on its own, or combine both. The recovery logic can be applied to manual positions as well as automatic ones.

Withdrawal plan

The withdrawal plan lets you define a daily, weekly or monthly profit-taking schedule and the share of profit to set aside each time. It is a planning and tracking tool; any real withdrawal is made through your broker.

Markets and timeframes

The expert advisor is built to run on any symbol and broker, including forex pairs, gold and synthetic indices. The author supplies parameter templates for several instruments, and more than one symbol can be listed so that a single instance trades them together. Check the product page for the current templates and for the timeframe each one assumes. Other symbols need your own testing and optimisation.

Settings

Exact default values and recommended deposits depend on the template you load, so check them on the product page rather than relying on a general figure. The main input groups are:

Risk

Grid, martingale and hedged recovery methods can hold losing positions for a long time and increase exposure as price moves against you. A series of adverse moves can use a large share of your margin. Use volumes that suit your balance, and confirm the margin and stop-out rules at your broker.

Installation

1. In MetaTrader 5, choose File, then Open Data Folder.
2. Open MQL5, then Experts, and copy the expert advisor file into that folder.
3. Restart the terminal or refresh the Navigator panel.
4. Drag the expert onto a chart of the symbol you want to trade.
5. Allow algorithmic trading in the terminal toolbar and in the expert's properties.
6. Load a parameter template if you have one, review every value, and run it in the strategy tester or on a demo account before going live.