How do I install this Expert on MetaTrader 5?

Download the file, open MetaTrader 5 -> File -> Open Data Folder, copy the file to the correct folder (Experts / Indicators / Scripts / Libraries), then restart the terminal.

How do I activate / load this Expert?

Drag the Expert Advisor from the Navigator panel onto a chart, enable AutoTrading, and allow live trading in the settings.

Is this compatible with MetaTrader 5?

Yes, this Expert is built specifically for MetaTrader 5.

Is this Expert safe to use with real money?

All tools are provided for educational and testing purposes. We strongly recommend testing on a demo account first. Trading involves significant risk of loss.

Can I use this Expert on multiple charts?

Yes, but each chart can only run one Expert Advisor at a time. You can run multiple EAs on different charts.

Can I customize the settings of this Expert?

Yes. Right-click on the chart and select properties to open and adjust parameters.

Free Dual Trend Following EA with Adaptive Lot Sizing Expert for MetaTrader 5

MetaTrader 5 expert

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Dual Trend Following EA with Adaptive Lot Sizing

Info

The Dual Trend Following EA with Adaptive Lot Sizing is a Expert Advisor for MetaTrader 5 that this expert advisor (ea) integrates two independent trading systems that utilize trend-following indicators. Both systems operate within a single EA and feature adaptive lot sizing based on previous trade outcomes.

Usage

This tool is typically used for trend following strategies across multiple currency pairs.

Platform

This Expert Advisor works exclusively on MetaTrader 5 (both build 600+ and newer versions).

Setup

Place the downloaded file in MQL5/Experts folder via File ? Open Data Folder in MetaTrader 5.

How to Install and Use Dual Trend Following EA with Adaptive Lot Sizing

1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.

2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.

3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.

4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.

Frequently Asked Questions

Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.

Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.

Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.

What this tool does

This Expert Advisor (EA) integrates two independent trading systems that utilize trend-following indicators.

Typical Use Case

This Expert Advisor excels in trend following on MetaTrader 5.

Compatible Platform & Setup

This Expert Advisor works on MetaTrader 5. Place the file in the MQL5/Experts folder and restart the terminal.

Description & Settings

Related: Supertrend Scalper with Breakeven Win Rate Panel - another powerful expert for MetaTrader 5 traders.

This Expert Advisor (EA) integrates two independent trading systems that utilize trend-following indicators. Both systems operate within a single EA and feature adaptive lot sizing based on previous trade outcomes.

Also recommended: Stormbreaker ADX - Supertrend and DMI Trend EA for MT5 - similar expert with strong performance on MetaTrader 5.

Signals for opening trades are generated upon bar closure when a trend reversal is detected. This reversal is indicated by a change in the color of one of the two integrated indicators.

Volume Management

The EA includes input blocks specifically designed for managing trade volumes. For instance, using the BykovTrend indicator system:
With the specified inputs, if the two most recent trades were in the same direction, the EA will open the next trade in that direction with a minimum lot size of 0.01. However, if at least one of the two last trades was profitable, the position volume will increase to 0.1.
The input parameters for the trading system using ColorX2MA are identical to those for BykovTrend.

Indicator Requirements

For the EA to function correctly, the compiled indicator files 'bykovtrend_v2.ex5' and 'colorx2ma.ex5' must be present in the '\mql5\indicators' folder.

Testing and Results

The EA was tested using its default inputs and stop-loss settings. Below is an exemplary trade visualization.

Test results for GBPJPY H2 over the year 2026:

Exemplary Trades Chart

You may also like: ATR Trend Guard MT5: Dynamic EMA Crossover Expert Advisor with Integrated Risk Management - excellent alternative for expert users on MetaTrader 5.

Source Code

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⚠ Limitations & Risk Warning

This tool is provided for educational and testing purposes only.
Past performance does not guarantee future results.
Trading involves substantial risk of loss. Use on a demo account first.
Results may vary depending on market conditions, broker, and settings.
We recommend thorough backtesting and forward testing before using with real funds.