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MIMI FX AUTO TRADER

FREE Automated Trading Bot For Members

MIMI FX BOTS AUTO TRADER (MT5) — User Manual (v2.1)
USER MANUAL

MIMI FX BOTS AUTO TRADER (MT5) v2.1

Multi-symbol pending-stop trader built around Parabolic SAR, with optional Stoch + MACD confirmation, optional M1 “Perfect Trade” filters (Bollinger + ADX/+DI/-DI), optional news pause, optional correlation direction filter, and a built-in on-chart dashboard with Start / Pause / Cancel Pending plus per-pair pause toggles.

Trades from one chart: Yes (multi-symbol)
Default trade TF: H4 (configurable)
Order style: Pending Stop orders
News source: ForexFactory weekly CSV

Table of contents

1) Quick start (10 minutes) 2) How it trades (conceptual) 3) Dashboard controls (Start/Pause/Per-pair) 4) Inputs reference (all settings) 5) Recommended setups 6) News pause setup (WebRequest) 7) Correlation map setup 8) Troubleshooting (no trades / errors) 9) Risk & safety notes

At a glance

  • Attach once, trades multiple symbols from MarketWatch (or your custom list).
  • TradeTimeframe controls the strategy TF (not the chart TF).
  • Spread filter blocks trades if symbol spread is too high.
  • News pause can pause trading around high-impact events.
  • Per-pair pause lets you manually stop/resume a single symbol.

1) Quick start (10 minutes)

A. Install the EA

  1. Open MetaTrader 5 → File → Open Data Folder.
  2. Go to MQL5 → Experts.
  3. Copy the files into that folder:
    MIMI_FX_BOTS_AUTO_TRADER_MT5_v1_9.ex5
    MIMI_FX_BOTS_AUTO_TRADER_MT5_v1_9.mq5
  4. Restart MT5 (or right-click “Experts” in Navigator and Refresh).

B. Attach & enable trading

  1. Open any chart (EURUSD is fine).
  2. Drag the EA onto the chart.
  3. Enable Algo Trading (top toolbar).
  4. Make sure all symbols you want to trade are visible in Market Watch (Ctrl+M).
  5. On the chart dashboard, click Start Trading (if not already started).
Tip: This EA can trade many symbols from one chart. The chart you attach to is mainly a “control panel.”

2) How it trades (conceptual)

  • Core signal: Parabolic SAR on TradeTimeframe (default H4).
  • Orders: Places pending stop entries with offsets: EntryPipsAbove / EntryPipsBelow.
  • Stops: Uses SL_Points (points, not pips).
  • Optional confirmations: When StrategyMode = STRAT_SAR_STOCH_MACD:
    • Stochastic: K > D for BUY (reverse for SELL)
    • MACD: Main > Signal for BUY (reverse for SELL)
  • Filters (optional): Spread, correlation direction, “Perfect Trade” M1 gates, and news pause.
Points vs pips (important) 
1 pip  = 10 points (typical 5-digit FX)
15 points ≈ 1.5 pips

3) Dashboard controls (on-chart)

The EA draws clickable chart objects so you can manage trading quickly.

Control What it does
Start Trading Enables EA trading logic (global start).
Pause Trading Stops new trading actions globally and sets a “Manual pause” reason.
Cancel Pending Deletes all pending orders with your MagicNumber.
Per-pair Pause Toggles pause/resume for a single symbol.
If Algo Trading is OFF at the platform level, MT5 will still block order placement even if the dashboard says “started.”

4) Inputs reference (all settings)

Inputs shown reflect the EA defaults. If you are using a modified build, some values may differ.

Strategy

InputDefaultMeaning
StrategyMode STRAT_SAR_BASE Select SAR-only vs SAR + Stoch+MACD confirmation.
MagicNumber 123456 Identifier for the EA’s orders/positions.
MaxSlippage 5 Max slippage tolerance (broker dependent).

Spread filter

InputDefaultMeaning
SpreadFilterEnabledtrueBlocks trading when spread is above limits.
MaxSpreadPoints_FX25FX max spread in points.
MaxSpreadPoints_Metals80Metals max spread in points.
MaxSpreadPoints_Indices150Indices max spread in points.
MaxSpreadPoints_Crypto600Crypto max spread in points.
MaxSpreadPoints_Other200Fallback max spread in points.

Risk / orders

InputDefaultMeaning
SL_Points15Stop loss distance in points.
RiskPercentDefault2.0Risk sizing baseline (EA money management).

Throttles / limits

InputDefaultMeaning
OneTradePerBartruePrevents repeated actions within same bar.
CooldownSeconds60Min seconds between actions per symbol.
MaxPositions1Max open positions per symbol.
MaxPendings1Max pending orders per symbol.
MaxActionsPerBar1Hard cap trade actions per bar.
PendingOrderExpirationMinutes60Pending orders expire after N minutes.
EntryPipsAbove2Buy stop offset.
EntryPipsBelow2Sell stop offset.

Trade timeframe + SAR

InputDefaultMeaning
TradeTimeframePERIOD_H4Main timeframe used for signals.
Step0.08SAR step.
Maximum0.2SAR maximum.
ATR_Period14ATR period (internal use where applicable).

Stoch + MACD confirmations

Only applies when StrategyMode = STRAT_SAR_STOCH_MACD.
InputDefaultMeaning
Stoch_K15Stochastic K period.
Stoch_D5Stochastic D period.
Stoch_Slowing15Stochastic slowing.
MACD_Fast12MACD fast EMA.
MACD_Slow26MACD slow EMA.
MACD_Signal9MACD signal EMA.

Correlation direction filter (M1)

InputDefaultMeaning
EnableCorrelationFiltertrueEnable correlation gating.
CorrDirModeCORR_DIR_STOCHDirection logic for correlated symbols.
CorrNeededOpposite1How many correlated symbols must be opposite.
CorrMaxSymbols3Max correlated symbols to check.
CorrTimeframePERIOD_M1Timeframe used for correlation checks.
CorrelationMap""Map string (see Section 7).

News pause

InputDefaultMeaning
EnableNewsPausetruePause around news events.
NewsHighImpactOnlytrueOnly HIGH impact events.
PauseBeforeNews_Min5Pause X minutes before event.
ResumeAfterNews_Min00 = resume at release time.
NewsRefresh_Min240Refresh interval in minutes.

6) News pause setup (WebRequest)

Allow WebRequest to: https://nfs.faireconomy.media

  1. Tools → Options → Expert Advisors
  2. Check “Allow WebRequest for listed URL”
  3. Add: 
    https://nfs.faireconomy.media

7) Correlation map setup

SYMBOL:CORR1,CORR2,CORR3; SYMBOL2:CORR1,CORR2;

Example

EURUSD:GBPUSD,USDCHF,USDJPY;
GBPUSD:EURUSD,USDCHF,USDJPY;
USDJPY:USDCHF,EURUSD,GBPUSD;
If EnableCorrelationFilter=true and your map is blank/incorrect, you may block trades.

8) Troubleshooting

No trades checklist

  1. Algo Trading ON
  2. Dashboard shows Started (not paused)
  3. Symbols in MarketWatch (or WatchSymbols set)
  4. Spread below thresholds
  5. Correlation map set (if enabled)
  6. WebRequest allowed (if news enabled)
  7. Disable M1 filters for testing

9) Risk & safety notes

Trading is risky. Test on demo first and keep risk conservative until behavior is verified on your broker.

Manual generated for: MIMI FX BOTS AUTO TRADER (MT5) build reporting #property version "2.1".

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Teams / Session
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