Make the strategy your own.

With the source in your hands, your ideas can go further than the settings panel.

No extra dependencies to install

Open your source in MetaEditor and start building. Projects use self-contained code or the standard libraries already included with MT5.

Unlimited personal use

Study, customise and trade on your own accounts. Your EA source gives you the freedom to keep refining your ideas.

Pay once. No activation or usage fees.

One purchase per source project. MQLume does not charge by the number of activations or uses.

Vibe coding. Your trading judgement.

Bring your ideas to an AI coding assistant. Use the editable MQL5 project as your starting point, and stay in control of every change.

  1. Describe your idea

    Ask for a session filter, clearer logging or a different risk rule.

  2. Review the change

    Read the proposed code, check the logic and compile it in MetaEditor.

  3. Test your version

    Compare backtests, then test on a demo account before considering live use.

Use an AI tool of your choice; no AI subscription is included. Review generated code and keep your source private. Better tools support your process, but do not guarantee trading profits.

Overview

An EA you can make your own.

Read, customise and compile the included MQ5. The package also contains the compiled EX5, README and parameter handbook. Historical paths before 9 June 2026 (gold) and 17 March 2026 (euro) use the same day’s final close and fixed dated entries. Those results contain look-ahead information and cannot demonstrate live predictive performance. RiskLevel is a sizing tier, not a risk percentage. Preserve Images and Data when compiling.

Built for MetaTrader 5. A complete source project, clear inputs and practical documentation give you control over your next build.

No extra MQH or DLL downloads

Project specifications

Platform
MetaTrader 5 / MQL5; not compatible with MT4
Version
1.0
Dependencies
MT5 standard libraries and the supplied project resources. No separate DLL or custom MQH download.
Inputs
37 input entries, including display fields
Build & testing
Compile in MT5 MetaEditor. See README.txt for installation and PARAMETERS.pdf for parameter guidance.

Trading setup

Stated specifications

Explore separate gold and euro strategy modes, balance-based sizing and configurable exits in an editable MT5 project.

These are marketplace specifications, not a guarantee of suitable capital or performance.

Symbol
XAUUSD / EURUSD
Chart timeframe
M15
Account
Hedging

Inside the source

Explore 50 lines of the project's MQL5 source. Scroll inside the editor to discover more.

MQL5 / .mq5
Morpheus Algo EA MT5 1.0[MQLume].mq5v1.0
bool CreateIndicators(){   cciFastHandle=iCCI(_Symbol,PERIOD_M15,settings.cciFast,PRICE_CLOSE);   if(cciFastHandle==INVALID_HANDLE) return false;   cciSlowHandle=iCCI(_Symbol,PERIOD_M15,settings.cciSlow,PRICE_CLOSE);   if(cciSlowHandle==INVALID_HANDLE) return false;   rsiHandle=iRSI(_Symbol,PERIOD_M15,settings.rsiPeriod,PRICE_CLOSE);   if(rsiHandle==INVALID_HANDLE) return false;   maFastHandle=iMA(_Symbol,PERIOD_M15,settings.maFast,0,MODE_SMMA,PRICE_MEDIAN);   if(maFastHandle==INVALID_HANDLE) return false;   maSlowHandle=iMA(_Symbol,PERIOD_M15,settings.maSlow,0,MODE_SMMA,PRICE_MEDIAN);   if(maSlowHandle==INVALID_HANDLE) return false;   ArraySetAsSeries(maFastValues,true); ArraySetAsSeries(maSlowValues,true);   ArraySetAsSeries(rsiValues,true); ArraySetAsSeries(cciFastValues,true); ArraySetAsSeries(cciSlowValues,true);   panelMaHandle=iMA(_Symbol,PERIOD_M15,50,0,MODE_EMA,PRICE_CLOSE);   return panelMaHandle!=INVALID_HANDLE;}bool OwnedPositionSelected(){   return PositionGetString(POSITION_SYMBOL)==_Symbol && PositionGetInteger(POSITION_MAGIC)==MagicNumber;}int CountOwnedPositions(){   int count=0;   for(int index=0;index<PositionsTotal();index++)      if(PositionGetTicket(index)!=0 && OwnedPositionSelected()) count++;   return count;}bool HasTradeToday(){   if(!PropProtection) return false;   datetime day=iTime(_Symbol,PERIOD_D1,0);   int count=0;   for(int index=PositionsTotal()-1;index>=0;index--)      if(PositionGetTicket(index)!=0 && PositionGetInteger(POSITION_MAGIC)==MagicNumber         && (datetime)PositionGetInteger(POSITION_TIME)>=day) count++;   if(HistorySelect(day,TimeCurrent()))      for(int index=HistoryDealsTotal()-1;index>=0;index--)      {         ulong deal=HistoryDealGetTicket(index);         if(deal==0 || HistoryDealGetInteger(deal,DEAL_MAGIC)!=MagicNumber) continue;         ENUM_DEAL_TYPE type=(ENUM_DEAL_TYPE)HistoryDealGetInteger(deal,DEAL_TYPE);         if((type==DEAL_TYPE_BUY || type==DEAL_TYPE_SELL)            && (datetime)HistoryDealGetInteger(deal,DEAL_TIME)>=day) count++;      }   return count>0;}

Your next build starts here.

Included files

Complete source, practical documentation and reference files to help you understand, customise and test your EA.

One project.
Complete source.

100% source code means the editable implementation of this product is supplied in full. It is not an EX5-only delivery or a hidden strategy module.

Version 1.0 · Personal-use licence
  • CSV

    Data/EuroDaily.csv

    Bundled compile-time resource; preserve its relative path.

    Included
  • CSV

    Data/GoldDaily.csv

    Bundled compile-time resource; preserve its relative path.

    Included
  • BMP

    Images/PanelHeader.bmp

    Bundled compile-time resource; preserve its relative path.

    Included
  • BMP

    Images/PanelSummary.bmp

    Bundled compile-time resource; preserve its relative path.

    Included
  • EX5

    Morpheus Algo EA MT5 1.0[MQLume].ex5

    The compiled EA accompanying the source. Recompile after editing the MQ5.

    Included
  • MQ5

    Morpheus Algo EA MT5 1.0[MQLume].mq5

    Complete, editable single-file source. Read the logic, customise it and compile your own EA.

    Included
  • PDF

    PARAMETERS.pdf

    Parameter handbook with initial values, sizing formulas and usage notes.

    Included
  • TXT

    README.txt

    A concise welcome, installation and compilation guide, with licence terms and support details.

    Included

Testing

Build confidence through testing.

Explore, customise and test your EA across different market conditions. Start with the supplied guide, then build a testing routine around your own settings.

Version v1.0 · 37

Parameter guide

Initial settings from the delivered source. Review and test changes before using them.

Explore the inputs below to shape the EA around your research, risk preferences and workflow. Outgoing EA order comments use @MQLume and retain required strategy identifiers. Comment inputs remain for saved-setting compatibility and do not remove the execution label.

Read PARAMETERS.pdf alongside README.txt for the meaning, defaults and operating notes behind the short input labels.

How to read EA parameters
Settings 1 · IDENTITY

Initial settings from the delivered source. Review and test changes before using them.

Settings 1 · IDENTITY
Source input keyInitial value
VersionDisplay text
Magic numberMagicNumber651
Order comment brandingOrderComment"@MQLume"
Settings 2 · POSITION SIZING

Initial settings from the delivered source. Review and test changes before using them.

Settings 2 · POSITION SIZING
Source input keyInitial value
Calculate lots automaticallyAutomaticLotstrue
Manual lot sizeManualLots0.01
Risk level (0..5)RiskLevel1
Risk calibrationRiskCalibrationfalse
Calibration valueCalibrationValue10.0
JPY account conversionYenAccountfalse
Settings 3 · EXITS & TRAILING - XAUUSD

Initial settings from the delivered source. Review and test changes before using them.

Settings 3 · EXITS & TRAILING - XAUUSD
Source input keyInitial value
Take profit (points)GoldTakeProfit450
Stop loss (points)GoldStopLoss1700
Enable trailing stopGoldTrailingtrue
Trailing distance (points)GoldTrailStart115
Trailing step (points)GoldTrailStep35
Settings 4 · EXITS & TRAILING - EURUSD

Initial settings from the delivered source. Review and test changes before using them.

Settings 4 · EXITS & TRAILING - EURUSD
Source input keyInitial value
Take profit (points)EuroTakeProfit150
Stop loss (points)EuroStopLoss600
Enable trailing stopEuroTrailingtrue
Trailing distance (points)EuroTrailStart30
Trailing step (points)EuroTrailStep5
Settings 5 · MARKET FILTERS

Initial settings from the delivered source. Review and test changes before using them.

Settings 5 · MARKET FILTERS
Source input keyInitial value
Maximum spread (points)MaximumSpread400
Maximum slippage (points)MaximumSlippage100
Allow trading on FridayAllowFridaytrue
Hours filterRestrictHoursfalse
Restricted period start hourBlockFromHour20
Restricted period end hourBlockToHour23
Settings 6 · NEWS FILTER

Initial settings from the delivered source. Review and test changes before using them.

Settings 6 · NEWS FILTER
Source input keyInitial value
Enable news filterNewsFilterfalse
Calendar feedNewsFeedUrl"https://nfs.faireconomy.media"
News impact levelNewsImpact0NEWS_HIGH
Currency codesNewsCurrencies"EUR,USD"
Pause before news (minutes)NewsMinutesBefore45
Pause after news (minutes)NewsMinutesAfter45
Settings 7 · PROP FIRM PROTECTION

Initial settings from the delivered source. Review and test changes before using them.

Settings 7 · PROP FIRM PROTECTION
Source input keyInitial value
Enable drawdown protectionPropProtectionfalse
Balance to equity drawdown (%)MaximumTotalDrawdown10.0
Daily balance to equity drawdown (%)MaximumDailyDrawdown5.0
Settings 8 · STRATEGY ENGINE

Initial settings from the delivered source. Review and test changes before using them.

Settings 8 · STRATEGY ENGINE
Source input keyInitial value
Strategy0STRATEGY_GOLD
Random entry optionRandomEntryfalse
Settings 9 · DISPLAY

Initial settings from the delivered source. Review and test changes before using them.

Settings 9 · DISPLAY
Source input keyInitial value
Show trading panelShowPaneltrue

Support after delivery

Bug fixes are included.

While the product is actively maintained, we investigate and fix reproducible defects in the delivered, unmodified code that conflict with the product description.

Support: while the product is actively maintained

Delivery & compilation

Missing files, incorrect delivery and original-code compilation failures in the stated environment.

Code & documentation defects

Provide the release, settings, logs and reproduction steps so we can assess and resolve the issue.

Support scope

Start with the included guide and contact us for help with delivery or reproducible software defects. Trading results are not guaranteed.

FAQ

Frequently asked questions

Help centre
What am I buying?

You may read, modify and compile the delivered source for your own research and trading accounts. Keep a backup of the original delivery before making changes. You may not resell, redistribute, publish or sublicense the source or compiled files, or offer them as a white-label product, without separate written permission. Source delivery does not transfer copyright or ownership of third-party names.

Refunds after delivery

Source code is a copyable digital product. Once delivered, we do not accept change-of-mind refunds, including because you no longer need the product. Check compatibility, contents and disclosed limits before ordering.

Delivery and bug reports

After payment is verified, we deliver the source package and documentation to your order email. Check your inbox and spam folder. Keep your order reference for delivery and support questions. Include your order reference, source release, terminal build, settings, expected behaviour and steps to reproduce. Attach only relevant logs and remove account credentials.

Delivery & support

  1. 1

    Review

    Read the files, environment and terms

  2. 2

    Confirm

    Check the source version and purchase terms

  3. 3

    Pay

    Payment is checked with the provider or on the selected blockchain

  4. 4

    Automatic delivery

    Fast, automatic delivery after payment confirmation. No waiting for manual dispatch.

MQLume Bespoke

Built around your ambition.

Explore bespoke services →

Have something more specific in mind?

Ask us about advanced custom development. Share your requirements through private support or email; we will discuss the scope and quote separately.

100% committed to following up on your delivery and support requests.

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Journal Starter

Two original, non-trading learning samples for MT4 and MT5. Inspect OnInit and OnDeinit logging without order execution.

Learning samples only. Review and compile them in MetaEditor before use; these samples do not place trades.

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Morpheus Algo EA [MQLume]

Version 1.0 · Personal-use licence

Order total
US$199

Account downloads · email delivery

Screenshot · Morpheus Algo EA [MQLume]

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