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An MT5 expert advisor that reads BUY and SELL buffers from a custom or arrow indicator you choose and handles order execution and trade management. It has no entry strategy of its own, so a signal indicator is required.
Get one message the moment it launches, with its price.
This expert advisor turns the signals of a custom indicator into automated orders on MetaTrader 5. You tell it which indicator to read and which buffers hold the BUY and SELL signals, and it handles execution and position management.
The expert does not generate trade ideas. It polls the indicator you name, reads the chosen buffers on a bar you select, and acts when a signal appears. Because it is built on the broader framework used by the author's The X expert advisor, it also offers filters, exit rules, protective stops and other management options around those signals.
Separate logic can be set for opening trades, closing trades, filtering signals, Stop Loss and Take Profit, so you can combine one indicator for entries with other rules for exits.
There is no fixed symbol or timeframe list. The expert runs on whatever chart you attach it to, and the indicator timeframe is set through its own input. Suitability therefore depends on the indicator you connect, whether it follows trends, marks support and resistance, or issues other signals. Check how your indicator behaves on the symbol and timeframe you plan to use.
The main inputs for connecting an indicator are listed below. The wider framework adds many more options for filters and trade management, so review them on a demo account before going live.
| Input | Purpose |
|---|---|
| SignalNameIndicator | Name of the custom indicator that provides entry signals |
| SignalTypeIndicator | Type of signal indicator, for example xArrow |
| TF_IndSigToTrade1 | Timeframe used for the main indicator |
| OWNSIGNAL_shift | Bar number from which the signal is read |
| SignalBuferforBUY | Buffer number carrying BUY signals |
| SignalBuferforSELL | Buffer number carrying SELL signals |
| SIGNALStrategyInputs | Indicator parameters written as one comma-separated string |
Reading a closed bar generally avoids signals that disappear before the bar ends, while reading the current bar reacts sooner but may repaint. Test both with your indicator.
Trading carries risk and past results do not predict future ones. The expert only follows the signals you supply, so the quality of those signals and your risk settings determine the outcome. Test on a demo account and use position sizes you can afford.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Signals, Trend, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated execution engine) |
| Signal source | Custom indicator buffers, including arrow indicators |
| Markets | Any symbol your broker offers and your indicator supports |
| Timeframes | Set by you through the indicator timeframe input |
| Trade style | Signal following, trend and support and resistance setups |
| Working modes | xCustomEA and xArrow |
| Requirements | A signal indicator installed in the terminal; algo trading enabled |
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No. By default the expert has no entry strategy of its own and will not open trades by itself. You need to connect a signal indicator or configure the strategy logic yourself before it does anything.
It works with indicators that expose their signals through buffers, which is typical of arrow indicators. You must know which buffer number carries the BUY signal and which carries the SELL signal. Indicators that draw signals only with objects and no buffers cannot be read this way.
Enter the indicator in the name input using the path format Market\IndicatorName, set the signal type to xArrow, then fill in the BUY and SELL buffer numbers. Check the indicator's own description for the correct buffer numbers.
No. This product is built for MetaTrader 5 only. The same author offers a separate edition for MetaTrader 4, which would need to be bought separately.
No specific broker is required, but the account must allow automated trading on your chosen symbol. Check the minimum lot, spread, stop level and margin rules with your broker, and test on a demo account first.
No. The expert only executes the signals you give it, so results depend on the indicator, your settings and market conditions. Trading carries risk and past results do not predict future ones.
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