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Hexa AI Bot MT5 Settings Explained & Risk Analysis

Introduction to Hexa AI Bot MT5

Hexa AI Bot MT5 is an advanced automated trading Expert Advisor (EA) developed for the MetaTrader 5 platform. It combines swing detection, ADX trend confirmation, Kijun-Sen filtering, ATR-based volatility analysis, and dynamic risk management to identify high-probability market opportunities.

With integrated spike protection, daily profit/loss limits, and intelligent order management, this EA is designed for traders seeking structured and disciplined algorithmic trading.

Hexa AI Bot MT5 Settings Panel
Hexa AI Bot MT5 Settings Panel
Hexa AI Bot Settings Panel
Hexa AI Bot Settings Panel

Full Parameters

Structure & Detection

  • Bars left/right for minor swing detection = 2: Uses 2 bars on both sides to identify minor swing highs and lows.
  • Bars left/right for major swing detection = 4: Uses 4 bars on both sides for major swing point confirmation.
  • Detect both minor & major swings = true: Enables simultaneous detection of both minor and major swing structures.
  • Analysis timeframe = current: Uses the currently selected chart timeframe for market analysis.
  • Number of recent swing highs/lows to detect = 3: Detects the latest 3 swing highs and lows for structure analysis.

Order Management

  • Use total max orders instead of per side = true: Applies a combined total order limit rather than separate buy/sell limits.
  • Total Buy/Sell pending orders allowed = 20: Allows a maximum of 20 pending orders in total.
  • Offset from swing level (points) = 0.0: No offset added from detected swing levels.
  • Place order before swing (inside range) = false: Disables placing orders before swing confirmation.
  • Allow reusing swing levels after placement = true: Allows previously used swing levels to be reused for new orders.

Freeze Logic & Spike Protection

  • Maximum number of trades allowed at once = 2: Limits active trades to a maximum of 2 simultaneously.
  • true = keep pendings visible but frozen, false = delete them = true: Keeps pending orders visible but frozen during restricted conditions.
  • Enable spike protection to pause trading during abnormal price = true: Activates spike protection against abnormal market volatility.
  • Threshold in points for detecting spikes = 300: Detects spikes when price moves exceed 300 points.
  • Multiplier for average candle size (e.g., 3x average) = 3.0: Defines abnormal candles as 3.0 times larger than average size.

Trading Hours (GMT/UTC)

  • Use GMT-based trading hours filter = true: Enables GMT/UTC-based trading session filtering.
  • Start time (HH:MM, GMT) = 08:00: Trading begins at 08:00 GMT.
  • End time (HH:MM, GMT) = 22:00: Trading ends at 22:00 GMT.
  • Time offset in hours (e.g., +1 for WAT) = 0.0: No timezone offset applied.

Trading Days (GMT/UTC)

  • Allow trading on Monday = true: Enables trading on Monday.
  • Allow trading on Tuesday = true: Enables trading on Tuesday.
  • Allow trading on Wednesday = true: Enables trading on Wednesday.
  • Allow trading on Thursday = true: Enables trading on Thursday.
  • Allow trading on Friday = true: Enables trading on Friday.
  • Allow trading on Saturday = false: Disables trading on Saturday.
  • Allow trading on Sunday = false: Disables trading on Sunday.

ADX Trend Filter

  • Enable ADX filter = true: Activates ADX-based trend strength filtering.
  • ADX Period = 14: Uses ADX period 14 for trend analysis.
  • ADX Timeframe = 1 Hour: ADX calculations are based on the 1-hour timeframe.
  • ADX Threshold for trend confirmation = 25.0: Requires ADX value above 25.0 to confirm trend strength.

Kijun-Sen Trend Filter

  • Enable Kijun-Sen trend filter = true: Enables Ichimoku Kijun-Sen trend filtering.
  • Kijun-Sen timeframe = 1 Hour: Kijun-Sen calculations use the 1-hour timeframe.
  • Kijun-Sen period (default: 26) = 26: Uses Kijun-Sen period of 26.

Filters

  • Ignore small price movements = true: Prevents trading during insignificant price fluctuations.
  • Min break size (pips) = 10: Minimum breakout movement required is 10 pips.
  • Min ATR multiplier for breaks = 1.5: Breakouts must exceed 1.5 times ATR value.

Risk Management

  • Enable risk management = true: Activates automatic risk management features.
  • Risk per trade (%) = 1.0: Risks 1.0% of account balance per trade.
  • Fixed lot size when risk management off = 0.01: Uses fixed lot size 0.01 if risk management is disabled.
  • Stop Loss (points) = 50: Stop Loss distance set to 50 points.
  • Take Profit (points) = 100: Take Profit target set to 100 points.
  • Use adaptive SL/TP based on ATR = false: Disables ATR-based adaptive SL/TP calculations.
  • ATR Period = 14: Uses ATR period 14 for volatility calculations.
  • SL ATR Multiplier = 1.5: ATR multiplier of 1.5 for Stop Loss calculations.
  • TP ATR Multiplier = 3.0: ATR multiplier of 3.0 for Take Profit calculations.
  • Min SL (points) = 500: Minimum Stop Loss distance is 500 points.
  • Max SL (points) = 3000: Maximum Stop Loss distance capped at 3000 points.
  • Min TP (points) = 1000: Minimum Take Profit target is 1000 points.
  • Max TP (points) = 6000: Maximum Take Profit target capped at 6000 points.
  • Max Spread (pips) = 50: Trading is blocked if spread exceeds 50 pips.
  • Trade comment = HEXA AI EA: Adds “HEXA AI EA” as the trade comment.
  • Magic number = 123456: Unique identifier (123456) for EA trade management.

Money-Based SL/TP

  • Enable money-based SL/TP = false: Disables money-based Stop Loss and Take Profit mode.
  • Max loss in USD = 15.0: Maximum allowed loss per trade is 15.0 USD.
  • Max profit in USD = 30.0: Maximum target profit per trade is 30.0 USD.
  • Max allowed slippage in points = 50: Maximum permitted slippage is 50 points.
  • Normal spread in points for XAUUSD = 250.0: Defines normal XAUUSD spread as 250.0 points.
  • Multiplier for normal spread (e.g., 2x = 500 points) = 2.0: Spread multiplier set to 2.0.
  • Choose TP/SL mode = COMBINED: Uses combined Stop Loss and Take Profit management logic.

Daily Profit/Loss Limits (USD)

  • Enable daily profit/loss limits = true: Activates daily profit and loss protection.
  • Daily profit limit in USD = 500.0: Stops trading after reaching 500.0 USD daily profit.
  • Daily loss limit in USD (negative value) = -500.0: Stops trading after reaching -500.0 USD daily loss.

Log Cleaning

  • Delete logs older than X days = 3: Deletes logs older than 3 days.
  • Clean MQL5/Experts/Logs = true: Cleans Expert Advisor log files automatically.
  • Clean MQL5/Logs = true: Cleans general MT5 log files automatically.
  • Run cleanup automatically once per day = true: Executes cleanup process daily.
  • Print summary in Experts tab = true: Displays cleanup summary in the Experts tab.

Additional Features

  • Prevent reusing same swing levels = true: Prevents the EA from using identical swing levels repeatedly.

Conclusion

The Hexa AI Bot MT5 settings provide a highly advanced trading framework that combines market structure analysis, volatility filters, trend confirmation and comprehensive risk management. Features such as ADX filtering, Kijun-Sen confirmation, spike protection, and daily profit/loss limits make this EA suitable for disciplined and professional trading environments. Understanding each parameter allows traders to optimize performance while maintaining strict control over exposure and execution quality.


FAQs

What does Enable ADX filter = true do?
It ensures trades are only taken when market trend strength is confirmed by the ADX indicator.

Why is Risk per trade (%) = 1.0 important?
It limits each trade’s risk to 1.0% of account balance for better capital preservation.

What is the purpose of spike protection?
It pauses trading during abnormal volatility to reduce exposure to unpredictable price movements.

Why are Saturday and Sunday disabled?
Weekend trading is disabled to avoid gaps and unstable liquidity conditions.

What happens when Daily profit limit in USD = 500.0 is reached?
The EA stops trading for the day after reaching 500.0 USD profit.

David Easton
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