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WeekAnchor Eight is an MT5 expert advisor that manages up to eight FX pairs from one chart. It uses a weekly-open price anchor and D1 ATR-based protective levels, with separate settings for each pair.
Get one message the moment it launches, with its price.
WeekAnchor Eight is an expert advisor for MetaTrader 5 that handles up to eight FX pairs from a single chart. Each pair is managed on its own, so you can enable only the pairs you want and give each one its own lot size, spread limit and risk setting.
The EA sets a price anchor at the weekly open and enters around it at a fixed, built-in time. It then uses protective levels based on the daily (D1) average true range. Positions are meant to be held for a short period, roughly a day, rather than for weeks. Because the entry schedule is fixed inside the program, there are no day-of-week or time-of-day inputs to tune.
The EA is timer-driven, so the chart's bar period does not change its decisions. You can attach it to M5, H1 or H4, but H1 is the recommended choice for live use.
Check the input panel for the default state of each filter, because defaults can differ from one build of the EA to another.
Supported pairs are GBPJPY, USDJPY, AUDJPY, EURJPY, AUDCHF, GBPCHF, CHFJPY and GBPUSD. Attach the EA to one liquid FX chart. The example preset is easiest to read on GBPJPY H1, but every enabled pair is monitored regardless of the chart symbol.
| Area | What it controls | What to check |
|---|---|---|
| Pair selection | Which of the eight pairs are traded | Symbol names and suffixes at your broker |
| Magic number | Separates each pair's positions | Avoid clashes with other EAs |
| Lot mode | Fixed lot by default, or risk percent per pair | Exposure adds up when several pairs are open together |
| Maximum spread | Blocks entries when spread is wide | Match it to your broker's typical spreads |
| Risk profile and Prop Firm Mode | Preset ladders and rule-oriented limits | Compare them with your account or challenge rules |
| Filters and equity stop | Holiday filters, Crisis Guard, equity stop | Defaults and the capital figure you assign |
An on-chart dashboard shows the state of each pair. Supplied set files are the reference configuration, so load one and review every value against your own account before use.
Trading carries risk, and you can lose some or all of your deposit. Past results, including any backtest or live signal, do not predict future ones. Several pairs can be open at once, so combined exposure may be larger than any single pair's setting suggests.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Signals, Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, portfolio style |
| Pairs supported | GBPJPY, USDJPY, AUDJPY, EURJPY, AUDCHF, GBPCHF, CHFJPY, GBPUSD |
| Attach to | One liquid FX chart, H1 recommended (GBPJPY H1 in the example preset) |
| Timeframe | Timer-driven, so the chart period does not change the trade logic |
| Trade style | Weekly anchor entries, roughly one-day holding, ATR-based protection |
| Position sizing | Fixed lot by default; risk percent selectable per pair |
| Suggested testing | Strategy Tester and a demo account before live use |
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It is an expert advisor for MetaTrader 5 only. It will not load in MetaTrader 4. You need an MT5 account that offers the pairs you want to trade.
No. You attach it to one FX chart, and it monitors every pair you have enabled in its inputs. The pairs must be visible in Market Watch and tradable on your broker's server, and symbol names with suffixes may need checking.
No. Entry timing is built into the EA. You choose which pairs to enable, lot or risk settings, the maximum spread for each pair, and the protective and filter options.
Not necessarily. The signal account's size, lot size and options are the developer's own choices and can change. Use the signal to watch the strategy run, and treat the supplied set files as the reference configuration for your own testing.
Run it in the Strategy Tester with a data quality that suits your broker, then on a demo account for several weeks. Check spreads, symbol names, swap charges and how many positions open at once. Past results do not predict future ones.
The developer describes it as not a martingale system. Still, confirm the position count and lot behaviour in your own tests with your own settings before risking capital.
WeekAnchor Eight
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