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EA Skynet MT5 is an automated expert advisor that studies price history, estimates where a support or resistance breakout may occur and places pending orders. It needs a hedging account and a low-spread broker.
Get one message the moment it launches, with its price.
EA Skynet is a fully automated expert advisor for MetaTrader 5 that trades breakouts of support and resistance levels. Rather than entering at market, it analyses historical price data, judges where a breakout is more probable and places pending orders near those areas.
The EA reads recent and past price history and builds a probability estimate for the next breakout of a support or resistance zone. Pending orders are then placed at a distance from the current price. Two strategy modules can be switched on separately, and an option allows the EA to take breakouts of previous weeks into account. A pending order is only shown once price has travelled a set percentage toward it, and it is removed if price retreats by a set percentage.
Open trades can be managed with a fixed stop loss and take profit, an adaptive trailing stop, six trailing modes, and a breakeven function. An information panel on the chart shows statistics collected by the EA.
Because the approach is short term, spread and execution quality matter. An ECN-style account with 5-digit quotes, a low spread and a very small stop level suits it best. The EA is intended for hedging accounts only and should run on a VPS so it stays connected.
The exact default values are not listed here, so check them in the inputs tab after loading the EA. The main groups are:
| Group | Purpose |
|---|---|
| Order type, Magic, Order comment | Trade direction, order identification and labelling |
| Max spread, disable trade if spread high | Blocks orders when the spread is too wide and can pause trading for a chosen period |
| Use risk MM, Percentage risk, Fixed lot | Balance-based lot sizing or a fixed lot |
| Take profit, Stop loss | Exit distances in points |
| Adaptive trailing stop, Trailing mode, Breakeven | Stop management for open trades |
| Strategy 1 and 2, Step orders, Step factors | Distance and behaviour of virtual and pending orders |
| Weekdays, Use time, GMT mode, Start and end time | Limits trading to chosen days and hours |
| Risk protection close, Custom slippage | Forced closing when slippage or loss conditions occur |
Turning off the information panel makes Strategy Tester runs faster. If you run several expert advisors on one account, give each a unique Magic number.
Trading carries risk, and past results, including backtests and monitoring data, do not predict future ones. Test on a demo account first, use a lot size you can afford, and confirm your broker's spread, stop level and scalping rules.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (hedging account required) |
| Strategy focus | Scalping, Signals, Support and resistance, Breakout |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor |
| Trade style | Scalping with breakout pending orders |
| Markets | EURUSD, USDJPY, GBPUSD |
| Timeframes | M30 and H1 |
| Broker type | ECN or low-spread account with 5-digit quotes |
| Suggested minimum deposit | Around 100 USD; confirm with your broker and test |
| Hosting | VPS recommended for continuous operation |
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No. It is designed for hedging accounts only. Before buying, check the account type with your broker, since many MT5 accounts are netting by default.
The listed symbols are EURUSD, USDJPY and GBPUSD, each on M30 or H1. EURUSD and USDJPY are the recommended starting points. Run the EA in the Strategy Tester on your broker's data before using it on a live account.
Yes, provided each expert advisor on the account uses a different Magic number. Otherwise the EAs may manage each other's orders and positions.
Some brokers restrict very short trades or require a minimum stop distance. Ask your broker whether positions held for under a minute are allowed, and check its stop level and spread conditions.
This listing is for MetaTrader 5 only. MT4 and MT5 use different file formats, so an MT5 expert advisor cannot be loaded into MT4.
Copy the file into the MQL5/Experts folder via File, Open Data Folder in MT5, restart the terminal or refresh the Navigator, then drag the EA onto a chart and enable algorithmic trading.
EA Skynet MT5
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