A closer look.
Onyx is an algorithmic Expert Advisor developed for MetaTrader MT5 trading environments.
"Onyx MT5" is a specialized MetaTrader 5 Expert Advisor designed for trading XAUUSD (gold) when daily levels are broken. The strategy is based on automatically determining the previous day's high and low, for which Buy Stop and Sell Stop pending orders are placed. Each trade is accompanied by a stop loss, take profit, and a customizable trailing stop, which dynamically adjusts the stop loss level following the price. A brief description of the expert advisor:
The Expert Advisor consists of fou
Designed for systematic risk controls and consistent trading operations, this tool integrates smoothly into both live and demo terminal profiles.
Features & Highlights
- Algorithmic Strategy: Built around Experts with automated signal validation.
- Risk Controls: Integrated stop-loss, take-profit, and risk-per-trade caps.
- Optimized Execution: Engineered with low-latency event processing for MT5.
- Configurable Inputs: Flexible parameters allowing fine-tuning for any currency pair or market condition.
Resource specifications
- Resource type
- Expert Advisor
- Developer
- Aliaksandr Chupryna
- Compatibility
- MT5
- Requirements
- MetaTrader MT5 Terminal, Standard / ECN Broker with low spread, VPS recommended for 24/5 continuous trading.
Installation
- Click the Download Now button to obtain the MT5 package.
- In your MetaTrader MT5 client, open File > Open Data Folder.
- Navigate to
MQL5\Experts and paste the executable file. - In Navigator, right-click and choose Refresh (or restart your terminal).
- Attach to your target chart and ensure Allow Automated Trading / DLL Imports is enabled.
Before you trade
Expert Advisors, indicators, and tools do not guarantee trading results. Test carefully before using any resource in live trading.
Read the risk disclosure
