Algos / Risk & Prop-firm
Selius Daily Close Strat Mk 2 EA
Risk & Prop-firm · MetaTrader 5 Expert Advisor · MT5 Vol.39 — Keystone 39 (20 EAs + 5 Indicators). EVIDENCE E1
Evidence status
E1: code-screened, not yet tested. VERUM read this EA's source code and confirmed there is no martingale sizing, no grid averaging, and a real stop-loss. No Strategy Tester report is on record yet, so there are no performance figures on this page. That's deliberate: we don't publish results we can't trace to a real test.
Want to move it up a tier? Run it on real ticks with its shipped preset and send the report to the Algo Dispensary bot. Verified tests are added to this record.
Risk controls found in the code
- Stop-lossEvery trade has a defined exit if price moves against it. VERUM treats a missing stop-loss as a hard fail.
- Take-profitTrades have a defined profit target instead of relying only on discretionary exits.
- Trailing stopThe stop follows price once a trade moves into profit. Validate it on real ticks: trailing logic is where low-quality test data flatters results most.
- News filterEntries are paused around scheduled high-impact releases, when spreads and slippage spike.
- Magic numberEach position is tagged, so the EA manages only its own trades and your journal can tell algos apart.
About the Risk & Prop-firm wing
Algos built around hard risk limits, the kind prop-firm challenges enforce: daily loss, max drawdown and position sizing.
How to test it yourself
- Load the EA with its shipped
.setpreset. What's a .set file? - Strategy Tester → Every tick based on real ticks, a random execution delay, and your broker's real spread. Full guide
- Hold back at least a quarter of the period as out-of-sample data. How
- Judge it on max drawdown, trade count and recovery factor, not net profit.
- Run an account-level equity guard (Vidette is free for Algo Dispensary members) before any live use.
Test it with the Guild. Every weekday, Algo Dispensary drops VERUM-screened EAs with their evidence tier and runs a weekly testing challenge. Members get Vidette free.
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