Smart Universal Expert Adviser MT5 (Latest version) – GroupBuy

Smart Universal Expert Adviser MT5 Settings Guide

Smart Universal Expert Adviser MT5 is a flexible multi-strategy Expert Advisor that supports indicator-based trading, manual signal execution, trend breakout detection, martingale recovery, grid trading, ATR trailing and comprehensive risk management.

With advanced dashboard controls, customizable technical filters, money management options, account protection features, and trading session filters, Smart Universal Expert Adviser MT5 allows traders to build highly customized automated trading strategies suitable for various market conditions.

Smart Universal Expert Adviser MT5 Settings Explained

Signal Source

🔹 Signal source = Trend Breakout Catcher – Uses the Trend Breakout Catcher algorithm as the primary signal generator.

🔹 Trade only on new candle = true – Opens trades only after a new candle has formed.

🔹 Trade only on new signal = true – Executes trades only when a fresh trading signal is detected.

🔹 Signal timeframe = current – Uses the current chart timeframe for signal generation.

Custom Indicator Signal Settings

🔹 Custom indicator file name = MarketSmartTrend Trading System MT5 – Uses the SmartTrend Trading System MT5 custom indicator.

🔹 Show custom indicator on chart = true – Displays the custom indicator on the chart.

🔹 Buy signal buffer = 8 – Reads BUY signals from indicator buffer 8.

🔹 Sell signal buffer = 9 – Reads SELL signals from indicator buffer 9.

🔹 Signal bar shift = 1 – Uses data from 1 completed candle.

🔹 Buy SL buffer (-1 = off) = -1 – Disables custom Stop Loss buffer for BUY trades.

🔹 Sell SL buffer (-1 = off) = -1 – Disables custom Stop Loss buffer for SELL trades.

🔹 Buy TP buffer (-1 = off) = -1 – Disables custom Take Profit buffer for BUY trades.

🔹 Sell TP buffer (-1 = off) = -1 – Disables custom Take Profit buffer for SELL trades.

🔹 SL/TP bar shift = 1 – Reads Stop Loss and Take Profit values from 1 completed bar.

Trading Strategy

🔹 Trading strategy = Martin Recovery – Uses the Martin Recovery strategy for trade management.

🔹 Allowed trade direction = Buy and Sell – Allows both BUY and SELL positions.

🔹 Allow buy and sell together = true – Enables simultaneous BUY and SELL trades.

Signal Strategy (Manual / SL-TP)

🔹 Use stop loss = true – Enables Stop Loss protection.

🔹 Stop loss in points = 300 – Sets the Stop Loss distance to 300 points.

🔹 Use take profit = true – Enables Take Profit.

🔹 Take profit multiplier = 2.0 – Calculates TP using a 2.0× multiplier.

🔹 Close on opposite signal = false – Ignores opposite trading signals for open positions.

🔹 Use breakeven = true – Enables automatic Break-even protection.

🔹 Breakeven start multiplier = 1.0 – Activates Break-even after reaching 1.0× target.

🔹 Use ATR trailing stop = false – ATR trailing is disabled.

🔹 ATR trailing multiplier = 1.0 – ATR multiplier is 1.0.

🔹 Use point trailing stop = false – Standard point trailing is disabled.

🔹 Point trailing start = 1000 – Trailing begins after 1000 points if enabled.

🔹 Point trailing distance = 500 – Trailing distance is 500 points.

🔹 Point trailing step = 100 – Stop Loss moves every 100 points.

Martin Recovery Strategy

🔹 Recovery lot multiplier = 1.5 – Increases recovery lot sizes by 1.5×.

🔹 Recovery risk mode = Aggressive risk – Uses aggressive recovery logic.

🔹 Recovery step in points = 300 – Opens recovery positions every 300 points.

🔹 Use dynamic recovery step = true – Dynamically adjusts recovery spacing.

🔹 Start dynamic step after trades = 4 – Dynamic spacing starts after 4 trades.

🔹 Dynamic step multiplier = 1.2 – Multiplies spacing by 1.2×.

🔹 Recovery basket TP in points = 300 – Basket closes with 300 points profit.

🔹 Use drawdown recovery = true – Enables recovery based on account drawdown.

🔹 Start recovery after trades = 3 – Recovery starts after 3 positions.

🔹 Drawdown recovery mode = Floating drawdown percent – Uses floating equity drawdown.

🔹 Drawdown offset in points = 1 – Recovery offset is 1 point.

🔹 Drawdown offset percent = 3.0 – Uses a 3.0% drawdown threshold.

🔹 Maximum recovery orders = 10 – Limits recovery trades to 10 positions.

News Filter

🔹 Use news filter = false – Economic news filter is disabled.

🔹 Block if news data is missing = false – Trading continues if news data is unavailable.

🔹 Broker GMT offset = 2 – Broker operates at GMT+2.

🔹 Stop before news minutes = 60 – Stops trading 60 minutes before news.

🔹 Resume after news minutes = 60 – Resumes trading 60 minutes after news.

🔹 News calendar URL = https://www.forexfactory.com/calendar – Uses Forex Factory as the news source.

Technical Settings

🔹 EA magic number = 2166 – Uses 2166 as the Magic Number.

🔹 Trade comment = Smart Universal EA – Adds Smart Universal EA as the trade comment.

🔹 Enable debug logs = false – Debug logging is disabled.

🔹 Show chart comment = false – Chart comments are hidden.

SUEA Panel / Dashboard

🔹 Show panel on chart = true – Displays the trading dashboard.

🔹 Panel mode (0 Compact, 1 Standard, 2 Full) = 2 – Uses Full Mode.

🔹 Panel X position = 10 – Horizontal position is 10 pixels.

🔹 Panel Y position = 10 – Vertical position is 10 pixels.

🔹 Panel chart corner = Left upper chart corner – Anchors the panel to the upper-left corner.

🔹 Restore saved panel layout = true – Loads the previous panel layout automatically.

🔹 Auto-scale panel = true – Automatically scales the dashboard.

🔹 Manual panel scale = 1.0 – Manual scaling factor is 1.0.

🔹 Keep panel inside chart = true – Prevents the dashboard from leaving chart boundaries.

🔹 Panel width = 260 – Dashboard width is 260 pixels.

🔹 Panel font size = 9 – Uses font size 9.

🔹 Use bold panel text = true – Displays bold panel text.

🔹 Panel bold font = Segoe UI Semibold – Uses Segoe UI Semibold.

🔹 Minimum panel width = 230 – Minimum dashboard width.

🔹 Maximum panel width = 360 – Maximum dashboard width.

🔹 Allow panel dragging = true – Allows repositioning via drag-and-drop.

🔹 Show collapse button = true – Displays the collapse button.

🔹 Show close button = true – Displays the close button.

🔹 Show spread status = true – Displays live spread information.

SUEA Panel Hotkeys

🔹 Enable panel hotkeys = true – Activates keyboard shortcuts.

🔹 Collapse / expand hotkey = C – Press C to collapse or expand the dashboard.

🔹 Panel mode hotkey = Q – Press Q to switch dashboard modes.

Trend Breakout Catcher Settings

🔹 Trend smoothing = 1 – Uses smoothing level 1.

🔹 Trend amplitude = 2 – Uses trend amplitude value 2.

ATR Trailing Settings

🔹 ATR period = 14 – Calculates ATR using 14 periods.

🔹 ATR multiplier = 3.0 – Uses a 3.0× ATR multiplier.

Grid Strategy

🔹 Grid mode = Pure Grid – Uses the Pure Grid strategy.

🔹 Grid step in points = 300 – Places grid orders every 300 points.

🔹 Grid levels per side = 15 – Allows 15 grid levels per direction.

🔹 Grid lot mode = Fixed lot per level – Uses fixed lots for every grid order.

🔹 Grid lot multiplier = 1.5 – Multiplies grid lots by 1.5×.

🔹 Grid TP mode = Profit in account currency – Uses account currency profit targets.

🔹 Grid TP in account currency = 10.0 – Basket TP equals 10.0 account currency units.

🔹 Grid TP in points = 100 – Alternative Take Profit is 100 points.

🔹 Maximum active grid orders = 99 – Allows 99 active grid trades.

🔹 Maximum Pure Grid cycles = 99 – Supports 99 complete grid cycles.

🔹 Maximum grid drawdown percent = 0.0 – No drawdown restriction is applied.

🔹 Pending order expiry minutes = 60 – Pending orders expire after 60 minutes.

Risk & Money Management

🔹 Lot calculation method = Fixed lot – Uses fixed position sizing.

🔹 Fixed lot size = 0.01 – Opens trades using 0.01 lots.

🔹 Risk percent per trade = 1.0 – Risk equals 1.0% per trade.

🔹 Use free margin filter = false – Free margin filter is disabled.

🔹 Required free margin = 1000.0 – Suggested minimum free margin is 1000.0.

🔹 Limit maximum lot per trade = false – Maximum lot restriction is disabled.

🔹 Maximum lot per trade = 5.0 – Maximum allowed lot is 5.0.

🔹 Limit total open lots = false – Total lot limitation is disabled.

🔹 Maximum total open lots = 50.0 – Total exposure limit is 50.0 lots.

Account Protection

🔹 Use drawdown protection = true – Enables drawdown monitoring.

🔹 Maximum drawdown percent = 51.0 – Trading protection activates at 51.0% drawdown.

🔹 Close trades at max drawdown = true – Automatically closes trades at the drawdown limit.

🔹 Maximum spread (-1 = off) = 999 – Spread limit is effectively disabled.

🔹 Maximum allowed slippage = 999 – Slippage protection is effectively disabled.

🔹 Trade frequency limit (-1 = off) = 999 – No frequency restriction.

🔹 Daily trade limit (-1 = off) = 999 – No daily trade limit.

Trading Time

🔹 Use trading hours = false – Trading time filter is disabled.

🔹 Trading start hour = 0 – Trading starts at 00:00.

🔹 Trading start minute = 0 – Trading starts at minute 00.

🔹 Trading stop hour = 23 – Trading stops at 23:00.

🔹 Trading stop minute = 59 – Trading ends at 23:59.

🔹 Trade on Monday = true – Monday trading is enabled.

🔹 Trade on Tuesday = true – Tuesday trading is enabled.

🔹 Trade on Wednesday = true – Wednesday trading is enabled.

🔹 Trade on Thursday = true – Thursday trading is enabled.

🔹 Trade on Friday = true – Friday trading is enabled.

🔹 Use minimum time between trades = false – No waiting period between trades.

🔹 Minimum time between trades = 5 – Minimum interval is 5 minutes if enabled.

Conclusion

Smart Universal Expert Adviser MT5 is a highly configurable multi-strategy Expert Advisor that combines Trend Breakout detection, custom indicator signals, Martin Recovery, Pure Grid trading, ATR-based management, advanced money management, and comprehensive account protection. Its extensive configuration options allow traders to tailor trading behavior, recovery mechanisms, dashboard functionality, and risk controls to suit both conservative and aggressive trading styles while maintaining full flexibility across various market environments.

FAQs

❓ What trading strategy does Smart Universal Expert Adviser MT5 use?
It supports multiple approaches, including Trend Breakout Catcher, Martin Recovery, Pure Grid trading, and custom indicator-based strategies.

❓ Can I use my own custom indicator with Smart Universal Expert Adviser MT5?
Yes. The EA allows you to specify a custom MT5 indicator and configure its signal buffers for automated trading.

❓ Does Smart Universal Expert Adviser MT5 include money management features?
Yes. It supports fixed lot sizing, percentage risk management, grid lot scaling, recovery multipliers, and multiple account protection options.

❓ Can the EA filter economic news?
Yes. It includes a configurable news filter with broker GMT offset, stop/resume timing, and Forex Factory calendar integration, although it is disabled by default.

❓ Is Smart Universal Expert Adviser MT5 suitable for advanced users?
Yes. Its modular architecture, extensive dashboard controls, recovery engine, grid management, and advanced customization options make it suitable for experienced MT5 traders seeking full control over automated trading.