MT5

BitSwing

A fully automated Bitcoin (BTCUSD) robot for MetaTrader 5 that trades breakouts of swing highs and swing lows with fifteen independent strategies.

BitSwing

What it does

  • Built for Bitcoin (BTCUSD); reads the M15, M30, H1 and H4 charts itself
  • Fifteen strategy slots: nine buy swing-high breakouts, six sell swing-low breakouts
  • Every order is sent with a stop loss
  • Stop moved past the entry once a trade is in profit; several slots then trail it
  • All distances set in percent of the Bitcoin price, so they work at any price level
  • Three risk levels (0.25%, 0.50%, 1.00% per trade), a custom percentage or a fixed lot
  • Optional equity drawdown stop and daily loss limit
  • On-chart dashboard with Pause and Close All buttons
  • No grid, no martingale, no averaging into losing trades

About this robot

BitSwing trades breakouts of swing highs and swing lows. A swing high is a bar whose high was not beaten by a number of bars before it and after it. When such a level is confirmed, the robot places a stop order just beyond it and waits for the market to break through. A newer swing replaces the old order, so the robot always works with the most recent structure of the market.

It runs fifteen small strategies ("slots") at the same time. Each slot trades one direction on one timeframe with its own swing size, stop loss, target and trade management. Because the slots look at different timeframes and directions, their results are only loosely related, which smooths the equity curve compared with any single strategy.

Position size is worked out from the stop distance using your broker's own contract specification and rounded down. If the smallest lot your broker allows would risk more than three times the chosen level, the order is skipped and the journal explains why. The robot also checks free margin before every order and respects the symbol's trading sessions.

Requirements: BTCUSD on a hedging account (each slot holds its own positions), a spread of about 0.025 to 0.04 percent of price or less for all slots to trade, and a VPS, since the robot runs 24/7 like the Bitcoin market. Suggested deposit: 3,000 USD or more on the Balanced level, or 1,000 to 3,000 USD with a fixed 0.01 lot.

The full settings, input list and Strategy Tester backtests from 2020 to 2026 are on the MQL5 page. Backtests are not live results, and there are losing months.

Reviews

No ratings yet
Log in to leave a review.

    No reviews yet. Be the first to rate this.

    More robots

    All robots