Automation

MetaTrader 5 Expert Advisor

A lightweight MQL5 executor: it polls the protected Signal Shooters API for live XAU/USD signals and handles entries, stop loss, risk-based lot sizing and a 50/30/20 take-profit ladder. The strategy logic itself stays on our servers.

Install in 5 steps

  1. Download the .mq5 file above.
  2. In MetaTrader 5 open File → Open Data Folder and drop the file into MQL5/Experts.
  3. In MetaEditor press Compile (F7). You should get 0 errors.
  4. Open an XAUUSD chart, drag the EA onto it and enable Algo Trading.
  5. Run it on a demo account for at least a week before going live.

Connect it to your account

Paste your personal API key into InpBridgeApiKey and whitelist the endpoint in Tools → Options → Expert Advisors → Allow WebRequest:

https://signalshooters.live/api/public/ea/signals

The endpoint is API-key protected and returns only signal data — direction, entry, stop loss, take-profit ladder and suggested lots. Nothing about how the signals are produced is shipped with the EA, so your key can be revoked at any time and copies of the file are useless without active Signal Chill membership.

Choose your position size

The EA supports two sizing modes, selectable in the EA settings under InpSizingMode:

  • Risk % of balance (default) — the EA calculates the lot size automatically so a stopped-out trade loses roughly InpRiskPercent % of your account (default 1%).
  • Fixed lots — you pick the exact lot size yourself: set the mode to fixed lots and enter your size in InpFixedLots (e.g. 0.05). The risk calculation is then bypassed completely.

Not sure which size to use? Start on a demo account with the default risk mode and adjust after a week of observation.

Strategy-specific exits

Each strategy manages its exits differently and the EA follows that automatically. One Shot, for example, closes only 30% of the position at the first target and moves the stop to break-even only after the second target is reached — giving the trade room to breathe instead of scratching out early. CHoCH runs as a single position with one fixed target and a deliberately wide 4.5× ATR trailing stop that only activates once the trade is 1R in profit, and it is never moved to break-even. Momentum Stack keeps the standard ladder but trails at 2.5× ATR with no break-even step, and takes at most two trades a day. The other strategies use the standard 50/30/20 ladder with break-even after the first target.

Risk disclosure

Trading leveraged instruments carries substantial risk. The EA places live orders automatically; you remain responsible for every position it opens. Simulated or historical results are not indicative of future performance.