Forex Flipper EA
A manual trade-placer dashboard — with daily-limit protection built in
What Forex Flipper actually does
Forex Flipper is the odd one out among my EAs: it is not an automated robot. It is a hands-on trading dashboard that sits on your chart and helps you place and manage trades by hand — built for traders who want to pull the trigger themselves but still want structure and guard-rails.
You drag three lines on the chart — entry, take-profit and stop-loss — choose how to size the trade (fixed lots, a risk percentage, or a cash amount), and click PLACE ORDER (a market order if the entry line sits on price, otherwise a pending stop/limit). You can run as many trades at once as you like: every live position gets its own on-chart profit box, with one-click break-even and partial-take-profit buttons plus its own draggable trigger lines, so you manage each one independently right on the chart. A CLOSE ALL button flattens everything in a click. See the dashboard for the full tour.
Its headline feature is Guard — an opt-in daily-limit commitment device that helps you trade with discipline and walk away when you said you would.
Everything lives on one on-chart panel
The dashboard is split into three tabs — Placement, Guard and Performance — so placing, protecting and reviewing your trades all happen right where you trade, without ever opening the MT5 inputs.
Line-based order placement
Drop three draggable lines — entry, take-profit and stop-loss — and the direction is read from how they sit around the entry. Hit PREVIEW to see the exact order first, then PLACE ORDER: a market order if the entry line is on price, or a pending stop / limit if it sits away from it. The entry line only snaps to price when you drop it very close, so placing a pending order just above or below the market stays easy — and once an order rests, you can drag its entry line by its own info box even when another trade sits right beside it.
Flexible position sizing
Size every order the way you prefer: a fixed lot size, a percentage of the account risked to the stop, or a fixed cash amount in your account currency. It detects cent accounts automatically so the maths stays right.
A margin check you can trust
The setup text next to the entry line turns red the moment the trade you have composed no longer fits your free margin — and it flips at exactly the right point, because it reads your broker’s real margin charge for the symbol rather than the terminal’s estimate (many brokers margin an individual symbol far harder than your account leverage suggests). Market and pending orders are both refused up front if the margin is not there, and every refusal tells you why in plain English along with the largest lot size your account can actually carry right now.
Unlimited simultaneous trades
Run as many trades at once as you like. Every open position gets its own on-chart profit box and its own draggable break-even and partial-take-profit lines, so you manage each one independently — or flatten everything with CLOSE ALL. Select a trade and all of its lines light up together so you can see which belong to it; overlapping boxes spread apart automatically, and a click on empty chart deselects.
Break-even & partial take-profit
Manage any live trade straight from its on-chart box: one click moves the stop to break-even now (with an optional buffer), another banks a partial slice now. Prefer to let it happen automatically? Drop a break-even or partial-take-profit line and price triggers it — or switch on AUTO BE and AUTO PTP to have the dashboard place those lines on every trade for you.
DCA basket lines
When you are holding a basket — two or more positions in the same direction on a symbol — press DCA LINES and three dashed lines appear for the group: the blended break-even, a combined take-profit and a combined stop-loss. Each carries a box showing what the whole basket would make or lose if it closed at that price, so you can see exactly where the group exits at cost. The break-even is calculated and tracks the basket live as you add to it; the TP and SL are yours to drag wherever you want them and are purely visual — they place no real stops and never touch your trades.
Built-in performance analytics
A full-screen PERFORMANCE dashboard tracks your real results on the account across six tiles: an account scorecard (trades, win rate, profit factor, return-vs-drawdown, net P&L and commission), a Net P&L curve, a Drawdown curve showing how far you sit below your account high, a deposits-vs-withdrawals bar chart, and profit-factor bars for long vs short and by time of day. Filter the whole view down to a single instrument, or see the account as a whole.
On-chart US news lines
Optional vertical lines mark upcoming high-impact US economic events right on the chart, so you can see what is coming before you place a trade. A toggle in the Settings panel turns them on or off, and a second button switches between high-impact-only and every US event.
Minimise out of the way
Collapse the whole dashboard into a small button in the corner of the chart when you want an unobstructed view, then restore it in one click when you need the controls back.
Trade with guard-rails
The hardest part of manual trading is emotional discipline. Guard lets you commit to your limits when you are calm — and then holds you to them.
Max trades / day
Caps how many trades you can open on the account today. Counts every in-scope entry — including ones you place by hand in MT5, not just through the dashboard.
Max daily loss
An equity drawdown stop measured against your balance at commit time. Set it in your account currency or as a percentage. On breach, Guard force-closes.
Max risk / trade
Caps the risk on any single trade — set it in your account currency or as a percentage of your balance. A trade that would risk more than the cap is blocked, and the reason is logged to the MT5 Experts tab.
Daily profit target
Locks in the day once you are up by this amount — walk away a winner instead of giving it back.
Trading window
Only allow trading between a start and end time (broker server time). Outside the window, trades are closed and new ones blocked; it re-opens automatically at the next in-window minute.
Lock out for today
The emergency brake. One press — with a confirmation — closes everything you have open and blocks new trades until the daily reset. It needs no committed limits and cannot be undone from the chart, because the lockout is held on my server, not on your PC.
How it holds the line
- Commit once per day, then it is frozen. You set your limits and confirm. For the rest of the day they cannot be loosened — re-attaching the EA, editing inputs or changing your PC clock has no effect, because the limits are held on my server and the day is measured in UTC there.
- It polices every trade, however you opened it. When a limit is hit, Forex Flipper closes any open position and cancels any pending order in scope — including trades you placed by hand in MT5 — so you cannot hold a trade your limit has vetoed.
- A lock lasts until midnight UTC. When you hit a limit, Guard locks the account for the rest of the trading day; the lock lifts automatically when the day resets at 00:00 UTC — so a bad day stays contained to that day.
- And you can pull the brake yourself. LOCK OUT FOR TODAY is a one-press hard stop on the Guard tab: confirm it and every open trade is closed and every new entry blocked until the reset. It needs no committed limits, and it is held on my server rather than on your PC — so a restart, a reattach or a change of your computer's clock will not talk you back in.
- It tells you why, full-screen. When a limit stops you, a full-screen message spells out what happened — profit target reached, trade limit reached, outside your trading window, or daily loss limit hit — so there is no ambiguity about why the door just closed.
- And it leaves a paper trail. Every trade Guard blocks is written to MT5’s Experts log with the exact reason, so you can always look back and see what was stopped and why.
- One honest limit: Guard can only enforce while the EA is attached to a chart. Remove it and you can trade unguarded — so keeping it attached is what makes the commitment real.
Your results are your own
Forex Flipper is a manual tool — it does not trade on its own, so there is no backtest, profit factor or win rate for me to publish. Every result comes down to the trades you choose to place. What the dashboard gives you is structure: clean placement, per-trade management, and Guard to keep your losses and your day within the limits you set.
It tracks your results for you
The dashboard's Performance tab opens a full-screen dashboard built from your own closed trades on the account — a scorecard of trades taken, win rate, profit factor, return-vs-drawdown, net P&L and commission beside a Net P&L curve and a Drawdown curve showing how far you sit below your account high, a deposits-vs-withdrawals bar chart, plus profit-factor bars that break your edge down by long vs short and by time of day. Filter the whole view down to a single instrument or see the account as a whole. It is the honest mirror for a manual trader: not a marketing number, but your real numbers, so you can see what is working and cut what is not.
Your inputs live on the dashboard
The MT5 Inputs tab is tiny on purpose — just the license URL and the on-chart line colours. The controls that actually shape how Forex Flipper trades live on the dashboard, and they work exactly like inputs. Here is every one, and what it does.
-- Licensing --
-- Info --
-- Line Colors --
-- Settings Memory --
-- Placement tab — trade controls --
The controls you use to compose, place and manage each trade.
-- Settings ⚙ — fine-tuning --
Behind the gear on the Placement tab. All have sensible defaults — adjust only if you want to.
-- Guard ⚙ — daily limits --
Behind the gear on the Guard tab. Fill in any you want, then COMMIT to lock them for the day. The Guard section above explains how they are enforced.
None of these need touching to get started — the defaults are sensible. They are here so you know exactly what every control on the panel does when you want to reach for it.
What you need to run Forex Flipper
Full step-by-step installation walkthrough: How to install an EA.
Frequently asked
Is Forex Flipper an automated robot?
No — this is the exception among my EAs. Forex Flipper is a manual trading tool: an on-chart dashboard that helps YOU place and manage trades by hand. You drag the entry, take-profit and stop lines where you want them and click to place the order; the dashboard then manages each trade (break-even, partial take-profit, close) individually. It does not decide when or where to trade for you.
What is Guard?
Guard is Forex Flipper’s built-in discipline feature — an optional, opt-in daily-limit commitment device. You choose limits for the day (max trades, max daily loss, max risk per trade, a profit target, and/or a trading window) and commit them. Once committed they are frozen for the rest of the day and cannot be loosened — not by re-attaching the EA, editing inputs, or changing your PC clock, because the limits live on my server and the day is measured in UTC there. There is also a LOCK OUT FOR TODAY button: one press, one confirmation, and everything open is closed and new trades are blocked until the reset — no committed limits required. Any lock lifts on its own when the trading day resets at midnight UTC.
Does Guard stop manual trades too?
Yes — that is the whole point. Because you can always place an order through MT5’s own New Order window, Guard does not just block the dashboard’s button. When a limit is hit, the EA actively closes any open position and cancels any pending order in scope — including trades you placed by hand — so you physically cannot hold a trade your daily limit has vetoed. One honest caveat: it can only enforce while the EA is attached to a chart. Removing it lets you trade unguarded — but that is a deliberate choice you have to make, and your committed limits stay frozen on the server until the day resets at midnight UTC.
How do I size my trades?
On the dashboard, not in the inputs. Pick a risk mode — a fixed lot size, a percentage of the account risked to your stop, or a fixed cash amount in your account currency — type the amount, and Forex Flipper works out the lot size from your entry and stop lines when you place the order. It also detects cent accounts automatically, so the maths stays correct there too.
Can I run more than one trade at a time?
Yes. You can hold as many trades at once as you like. Each open position gets its own on-chart profit box with one-click break-even and partial-take-profit buttons, plus its own draggable trigger lines, so you manage every trade independently right on the chart — and CLOSE ALL flattens the lot in one click. If you stack several positions in the same direction, the DCA lines show the blended break-even for the whole basket plus a draggable combined take-profit and stop-loss, each labelled with what the group would make or lose there — so you can see exactly where the basket exits at cost.
Does it show my results?
Yes — the dashboard has a Performance tab that opens a full-screen dashboard from your own closed trades on the account: a scorecard of trades taken, win rate, profit factor, return-vs-drawdown, net P&L and commission, a Net P&L curve, a Drawdown curve showing how far you sit below your account high, a deposits-vs-withdrawals bar chart, plus profit-factor bars broken down by long vs short and by time of day. You can filter the whole view down to a single instrument. It is your real numbers, updated as you trade.
Which broker should I use — and can I practise cheaply?
Any of the partner brokers works. If you want to get comfortable with the dashboard and Guard on real market conditions without risking much, run it on a cent account: about $100 on an Ultima Markets Cent account behaves like a much larger standard account, so it is the ideal low-cost way to practise.
How do I get a license?
The same way as my other EAs: open a live account with one of the partner brokers, then submit the request form on the main page with your account number. Once I activate it, Forex Flipper runs on that account. The license is bound to that one account number.
Ready to trade with Forex Flipper?
Get your free license by opening an account with one of the partner brokers, then request it on the main page.