MoneyRocket EA v2.5.4 – User Guide / MR MQL5 MARKET

 

MoneyRocket EA v2.5.5 – User Guide

MoneyRocket EA is a professional automated trading system that combines two independent strategies with real-time manual control. Optimized for low-spread brokers, it performs best on XAUUSD, EURUSD, and GBPUSD across M1 to M30 timeframes.

⚠️ Risk Warning: Trading involves significant risk. Always test this EA on a demo account first. Never risk capital you cannot afford to lose. Past performance does not guarantee future results.

1. Key Features

  • Dual Strategies: Two independent trading methods that can be toggled individually.

  • Interactive Control Panel: Manage strategies directly on the chart without opening settings.

  • Advanced Protection: * Breakeven: Moves SL to entry + buffer automatically.

    • Multi-stage Profit Locking: Secures gains as the trade progresses.

    • Dynamic Trailing Stop: Based on market volatility.

  • Safety Filters: Built-in limits for max orders, spread, and margin checks.

2. Installation & Setup

  1. Copy Files: Place the .ex5 file into your MT5 terminal: MQL5 → Experts.

  2. Refresh: Restart MT5 or right-click Navigator and select Refresh.

  3. Attach to Chart: Drag the EA onto a chart (Recommended: XAUUSD, EURUSD, or GBPUSD).

  4. Permissions: Ensure "Allow DLL imports" and "Algo Trading" are enabled.

  5. Dashboard: The Control Panel will appear in the top-left corner instantly.

3. Using the Control Panel

The panel allows you to switch strategies ON/OFF instantly without re-attaching the EA.

  • Buttons: Rev Buy, Rev Sell, Trend Buy, Trend Sell.

  • Color Codes:

    • Green: Strategy is ENABLED.

    • Red: Strategy is DISABLED.

  • Info Display: The top label shows the current Main Timeframe; the footer displays the EA version.

4. Key Input Parameters

Strategy Control

  • StrategyControl: Choose trading direction (BUY_ONLY, SELL_ONLY, BOTH, or NO_TRADE).

  • EntryMethod: Select the active logic (REVERSAL_ONLY, TREND_ONLY, or BOTH_METHODS).

Risk Management

  • LotSizeRatio: Multiplier for the broker's minimum lot (e.g., 1.0 = minimum lot, 2.0 = double).

  • MaxTotalOrders: Maximum number of open positions allowed at once.

  • MaxAllowedSpread: Maximum spread (in points) to allow new entries. Use a lower value (e.g., 30) to avoid volatile gaps.

SL/TP Modes (SLTP_Mode)

  • ATR_RATIO (Default): Calculates SL/TP based on market volatility (ATR).

  • Fixed pips & TP Free: Manual SL distance, no fixed TP.

  • Balance Modes: Combines fixed/ATR stops with account balance targets.

Protection & Trailing

  • EnableMultiStageSL: Activates tiered profit locking.

  • TP_Progress_Trigger: Profit % needed to trigger Breakeven (e.g., 0.40 = 40% towards TP).

  • EnableNearTPGuard: Closes trades automatically when the price is very close to the TP.

5. Recommended Settings (Safe & Balanced)

ParameterRecommended Value
Strategy & EntryBOTH / BOTH_METHODS
LotSizeRatio1.0 
SLTP_ModeATR_RATIO
ATR SL / TP Multiplier1.0 / 3.0
MultiStage / Trailingtrue
NearTP_Distance10   

6. Best Practices

  • Demo First: Run on a demo account for at least 1–3 months.

  • VPS: Use a VPS (Virtual Private Server) for 24/5 stable operation.

  • News Management: Monitor high-impact news; consider disabling the EA during extreme volatility.

  • One Symbol: Avoid running multiple EAs on the same account/symbol unless you are an expert.

  • Monitor Logs: Check the "Journal" and "Experts" tabs daily for any execution errors.

7. Support & Updates

  • Blog: moneyrockettrend.blogspot.com

  • Contact: Message the author via MQL5 Profile. 📩 Telegram: @moneyrocket_AIchatbot (Support Desk)

  • Updates: Always download the latest version from the MQL5 Market.

Thank you for choosing MoneyRocket EA! Trade smart and responsibly.

Last updated: February 2026