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Finex is an MT5 expert advisor that trades pullbacks on forex pairs from the M15 chart. It opens several entries one after another under a shared stop-loss and a shared, trailing take-profit.
Get one message the moment it launches, with its price.
Finex is an expert advisor for MetaTrader 5 that trades pullbacks in forex pairs. It runs on the M15 chart, watches how a currency pair has moved during the day, and opens trades either in the direction of that move or against it, depending on the pattern it detects.
The expert advisor tracks intraday price action for each currency and classifies what it sees. When the move looks likely to continue, it enters with the move. When it looks stretched, it enters expecting a return towards earlier levels. Decisions are made when a candle closes, not on every tick.
Finex opens its planned number of trades one at a time. The whole group shares one stop-loss, and the take-profit is a common level that is moved as the group develops. Because several positions can be open together, the trades you see at any moment depend on when the expert advisor was attached to the chart.
You can choose whether the logic works with short, medium or long price movements, and you can set how often it trades. The expert advisor applies its own optimised parameters for whichever option you select.
Finex is intended for forex pairs on the M15 chart. The pairs suggested for it are:
When choosing other pairs, look for positive swaps or long and short swap rates that are roughly equal. Pairs that react less to American news and that are less volatile tend to suit the approach better.
There are few inputs, and the defaults are meant to be usable as they are. Check these items before trading live. Exact names and values may differ, so read the inputs tab of your copy.
| Setting | What to check |
|---|---|
| Allowed Trade Direction | Restrict the chart to buy or sell only, matching the pair guidance above. |
| Time zone settings | Confirm they match your broker's server time. |
| Price action term | Short, medium or long movements. |
| Trading frequency | Choose a level you are comfortable with. |
| Lot size and risk | Work out the loss if the common stop-loss is hit on your account. |
Because Finex stacks several trades behind one stop-loss, a single adverse move can close the whole group at a loss. The vendor indicates a one-time risk of about 300 USD per pair at the minimum lot, so check that figure against your own account. Running several pairs together adds up the exposure.
Trading carries risk, and past results, whether from a tester or a live account, do not predict future ones. Only trade with money you can afford to lose and test on a demo account first.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor, not for MT4) |
| Strategy focus | Signals |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, automated trading |
| Markets | Forex pairs; EURGBP, EURCHF, USDCAD and EURUSD are the pairs suggested |
| Timeframe | M15 chart |
| Trade style | Pullback, intraday price action, several entries per direction |
| Direction control | Allowed Trade Direction option (buy only, sell only or both) |
| Order handling | Common stop-loss and a trailing common take-profit |
| Requirements | Algo trading enabled and a chart running continuously |
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No. Finex is an MT5 expert advisor and is meant for MetaTrader 5 only. It cannot be loaded into MT4 terminals.
The expert advisor is meant for the M15 chart. The pairs suggested for it are EURGBP (sell only), EURCHF (buy only), USDCAD (buy only) and EURUSD (sell only). Use the Allowed Trade Direction input to restrict each chart to one side. Check your broker's symbol names and swap rates before you start.
The defaults are designed to run without changes. You should still confirm that the time zone settings match your broker's server time, and that the risk per pair is acceptable for your account size. Do not raise the default risk by a large amount.
Finex is built as a single-chart expert advisor, with one instance per chart. Running many pairs at the same time raises the overall exposure considerably, so work out the combined risk first and keep it modest.
The expert advisor acts on candle close, so the Open prices only mode on M15 is much faster than Every tick and should give similar behaviour. Swap rates strongly affect the outcome, so choose a start date that reflects recent swap conditions. Test results do not predict future results.
Finex
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