Trend Execution Planner - Regime and Risk Panel
Info
The Trend Execution Planner - Regime and Risk Panel is a Expert Advisor for MetaTrader 5 that trend execution planner - regime and risk panel additional screenshots trend execution planner is a free, open-source metatrader 5 chart utility for traders who want to assess market conditions and size a hypothetical trade before placing an order manually or starting another system. IMPORTANT: It is an Expert Advisor only because it needs access to live account and symbol specifications.
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 Trend Execution Planner - Regime and Risk Panel
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
TREND EXECUTION PLANNER - REGIME AND RISK PANEL Additional screenshots Trend Execution Planner is a free, open-source MetaTrader 5 chart utility for traders who want to assess market conditions and size a hypothetical trade before placing an order manually or starting another system.
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: Steep MA Trend EA - another powerful expert for MetaTrader 5 traders.
TREND EXECUTION PLANNER - REGIME AND RISK PANEL
Additional screenshots
Trend Execution Planner is a free, open-source MetaTrader 5 chart utility for traders who want to assess market conditions and size a hypothetical trade before placing an order manually or starting another system.
Also recommended: Super Trend Trading EA - similar expert with strong performance on MetaTrader 5.
IMPORTANT: It is an Expert Advisor only because it needs access to live account and symbol specifications. It is strictly non-trading. It never opens, modifies, closes, or sends any order or position request.
WHAT IT SHOWS
- A transparent trend-condition score from price/MA direction, MA slope, ADX, and Kaufman's Efficiency Ratio.
- Strong up-trend, strong down-trend, or mixed/neutral condition classification.
- Current spread expressed as a percentage of ATR, with a configurable execution-cost limit.
- Long and short hypothetical plans using the current Ask/Bid, an ATR stop, and a reward/risk target.
- Broker-normalized lot size calculated in account currency with OrderCalcProfit.
- Required margin calculated with OrderCalcMargin, plus a free-margin check.
- A warning if the broker's minimum lot would exceed the selected money risk.
HOW THE CONDITION SCORE WORKS
score = direction x 100 x efficiency ratio x min(1, ADX / 50)
The score is signed by the direction of price relative to a moving average and its slope. The Efficiency Ratio measures whether price moved directly from A to B or followed a choppy path. A positive or negative score describes the current market condition only; it is not a forecast, entry signal, or trade recommendation.
RISK-PLAN METHOD
The calculator uses the selected percentage of equity or balance as the requested money risk. Stop distance is the larger of the selected ATR multiple and the broker's minimum stop distance. It calculates the risk of one lot at that stop using the symbol's actual contract and account-currency conversion rules, rounds volume down to the broker's valid volume step, and checks margin for that exact volume.
USAGE
1. Attach the tool to any chart and timeframe.
2. Set the trend-model and risk-plan inputs to match your workflow.
3. Treat the panel as a condition and execution checklist. Make any trading decision separately.
SAFETY
This code contains no CTrade, OrderSend, position modification, or chart-line modification calls. It reads market/account data and creates only its own removable panel objects on the chart.
You may also like: adx trend pullback ea: trend strength and volatility-based trading - excellent alternative for expert users on MetaTrader 5.
Source Code
#property copyright "RobotFX"
#property link "https://robotfx.org"
#property version "1.00"
#property description "This code is educational. Feel free to use, modify and upgrade as you wish. Visit ROBOTFX.ORG for professional trading tools"
#property strict
input group "Trend-condition model"
input int InpMAPeriod = 50;
input ENUM_MA_METHOD InpMAMethod = MODE_EMA;
input int InpADXPeriod = 14;
input int InpEfficiencyPeriod = 20;.......
⚠ 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.