NewTrade

A discretionary trading panel for MetaTrader 5. One signal, one decision, hands-off exit — and a transparent journal that turns your trades into a personal edge map.

At its core is a trend-following signal: it appears precisely when the market develops strong momentum in one direction — surfacing the setup you can follow or skip.

One recurring decision spot a signal → follow or skip → hands-off → review & improve 1 · SPOT LONG signal 2 · FOLLOW / SKIP your only judgement LONG Skip Edge gauge advises 3 · HANDS-OFF ratchet stop trails 4 · REVIEW Σ report · Edge analysis

What NewTrade is — and what it is not

  • It is a discipline cockpit, not a black box. The signal helps you spot a recurring setup. You decide whether to take it. The EA then owns the exit so you can stop babysitting the trade.
  • No profit promise. All built-in analysis is descriptive of your past trades, never predictive. We do not sell forecasts.
  • Single symbol, single chart, single open position. NewTrade is not a portfolio system. It is a precision tool for one repeatable decision.

The value loop: spot → follow/skip (Edge-aided) → hands-off → review → better follow/skip. Everything in the panel exists to make that loop simple and your required attention minimal.

Features

Trend-following signal

A trend-following signal: it appears precisely when the market develops strong momentum in one direction. Under the hood, an engine measures directional coherence across a fan of 10 moving averages and fires LONG / SHORT once per new bar — guarded by a slope gate and an over-extension gate. Never on noise.

Hands-off ratchet exit

A close-basis trailing stop derived from the fan, plus a Break-Even engine. Three exposure modes — REAL (broker SL), VIRTUAL (software exit, hidden), MIXED (decoy stop).

Risk-based position sizing

Set the risk per trade as a percentage of your equity — the lot size is determined automatically from it. Alternatively, choose the lot size explicitly and the resulting risk is shown to you. Your exposure stays transparent either way.

Live Edge gauge

Two segments side-by-side: your real journal expectancy in the current market regime, plus a live-parameter Sim verdict — green / amber / red, advisory only.

Daily Risk module

Per-day loss / win / drawdown limits, mandatory auto-off on trip, optional close-positions / delete-pending / close-other-charts. Latches until next day.

In-dialog backtest

Calibrate your parameters in a tab. Cost-honest results (slippage / commission / spread). A full HTML report with equity curves, monthly heatmap, edge cross-maps, per-trade list.

Σ statistics report

Your trade journal becomes a self-analysis cockpit — by hour, weekday, symbol, market regime. Edge heatmaps. Plain-language Findings. No data leaves your machine.

9-language GUI

EN / DE / FR / ES / IT / RU / ZH / HI / AR — auto-detected from MetaTrader, manually selectable. Universal trading tokens stay English by convention.

Self-contained

No DLLs, no external services, no telemetry. Bootstrap and Chart.js are embedded as compile-time resources. Strategy Tester-compatible.

The four-stage value loop

1

Signal

The fan surfaces a setup. You stop hunting.

2

Decide

Follow or skip. The Edge gauge gives a pre-trade read from your own history — advisory, never blocking.

3

Hands-off

The EA owns the exit. Ratchet stop, BE engine, Daily-Risk circuit-breaker. Nothing left to babysit.

4

Review

Every trade is journaled with its full market context. The Σ report turns that into transparent self-analysis. Feed back into stage 2.

Technical requirements

Platform

MetaTrader 5 (MT5). Single symbol, single chart, any timeframe.

Broker / instrument

Any MT5 broker, any instrument that quotes Bid/Ask. Hedge or netting accounts.

No DLLs

NewTrade ships as a single .ex5 — no external libraries, no internet calls. Standard MetaTrader VPS offerings work fine.

Disclaimer

Trading involves risk. NewTrade is a discretionary aid, not an automated profit system. Past trades do not guarantee future results.

Support

Multilingual in-app help, embedded video tutorials, and a 9-language Σ-report glossary so every metric is explained where you read it.

Direct support from the developer via E-Mail, WhatsApp and Signal. No tickets, no templates.

Ready for a more deliberate trading day?

Available on the MetaQuotes Market. Free demo runs in the MT5 Strategy Tester.