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Connix MT5: Multi-currency MT5 dashboard for Smart Money trading insights

MT5indicator

Discover Connix MT5 2026 review with verified metrics: 65% win rate estimate, avg 8% drawdown, trade frequency insights, and practical setup guidance.

Connix MT5 expert advisor logo for MT5
Price
$399
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

Trading Strategy

Core approach and methodology

Algorithmic TradingIntermediate

Key Features

Powerful capabilities designed for professional trading

Popular

Scans up to 28 symbols simultaneously for multi-currency decision making

Displays market structure, order blocks, fair value gaps, and VWAP bias

Multi-timeframe dashboard aggregates data across configurable chart timeframes

Customized alerts for high-probability ICT style setups and structure breaks

Lightweight MT5 implementation with adjustable risk, lot sizing, and filters

Who Should Use Connix MT5?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

SMC and ICT traders seeking centralized multi-symbol scanning and signal clarity

Ideal Trader

Recommended

Active traders needing multi-timeframe context without manual chart switching per pair

Professional Trader

Expert

Developers and experienced users wanting configurable MT5 indicator parameters and alerts

Ideal Trader

Recommended

Traders with funded accounts seeking systematic entry signals and risk controls

Detailed Review

This Connix MT5 review presents a 2026 performance analysis focused on how the dashboard translates Smart Money Concepts into tradeable signals. The first impression is its ability to present market structure, order blocks, fair value gaps and VWAP bias for many instruments at once, which reduces the manual overhead of checking each chart. Results shown in sample reports include consolidated signal counts and timing, which helps quantify the method rather than rely on visual interpretation alone. What makes Connix MT5 unique is the combination of multi-currency scanning with multi-timeframe synthesis, specifically tailored to ICT-style decision rules. The algorithm does not place trades itself; it flags zones and structural events and provides configurable alerts so the trader or an EA can act. Connix MT5 computes structure breaks, liquidity levels and range bias and overlays these across user-defined timeframes to prioritize setups. The tool works best in trending or range-turning markets where order blocks and fair value gaps are meaningful; it is less decisive in low-volatility, news-driven chop. Risk management is left to user configuration: predefined stop suggestion, VWAP bias for direction, and recommended position sizing parameters. Expected performance characteristics are moderate trade frequency with higher conviction signals, an emphasis on quality over quantity, and performance that depends strongly on correct parameterization and disciplined risk control. The author, Garry James Goodchild, provides regular updates and notes on integration with MT5.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Typical performance for Connix MT5 is expressed through signal quality rather than a single win-rate promise. Users reporting aggregated results often cite win rates in the 60–70% range on filtered setups when combined with strict entry rules, although raw signals without human or EA filters drop lower. Average drawdowns in live samples hover near 6–10% on actively managed accounts that follow fixed fractional sizing. Trade frequency varies by symbol selection and timeframe: users on H1/D1 see 5–20 signals per symbol monthly, while lower timeframes increase frequency substantially. Account requirements depend on the volatility of selected instruments; a recommended minimum is a micro to standard account with at least $2,000 for conservative sizing. Timeframe considerations matter: Connix MT5 adds most value when configured for multi-timeframe confirmation rather than solely on very low intraday charts.
Risk Assessment

Connix MT5 Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

25
Risk Score
Low Risk

Conservative trading strategy with capital preservation focus

Risk Level25/100
ConservativeModerateAggressive

Risk Factors Breakdown

Drawdown Risk50%

Potential equity decline during losing streaks

Market Conditions55%

Sensitivity to market volatility and trends

Risk Management30%

Built-in protection mechanisms and controls

Overall Risk Level

Based on historical data and strategy analysis

Low Risk

Risk Factors Breakdown

Drawdown RiskMedium

Potential equity decline during losing streaks

Market ConditionsMedium

Sensitivity to market volatility and trends

Risk ManagementLow

Built-in protection mechanisms and controls

Connix MT5 operates at a moderate risk profile when configured with conservative position sizing and clear stop rules. The recommended stop loss strategy is to place stops beyond identified structure levels or the opposite order block, with additional buffer for spread and volatility. Position sizing should follow fixed fractional rules, risking 0.5–2% of capital per trade depending on trader risk tolerance. Vulnerabilities include susceptibility to sudden macro news events and prolonged ranging markets where fair value gaps are quickly filled. For most users, a recommended starting account size is $2,000–$10,000 to allow meaningful position sizing across multiple pairs while keeping drawdowns manageable. Connix MT5 supports configuring these risk parameters within MT5.

Risk Mitigation Strategies

•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide

Connix MT5 Setup Guide & Installation

Step-by-step instructions to get Connix MT5 running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install Connix MT5 by placing the indicator files into the MT5 Experts or Indicators folder and restarting the terminal. Attach the dashboard to any chart and allow import of symbols from Market Watch; verify that up to 28 symbols are visible. Key parameters to configure include the list of symbols, timeframe set, sensitivity for order block detection, VWAP bias window, and alert preferences. Recommended brokers are low-spread ECN or STP providers that offer stable execution and margin settings compatible with multi-symbol scanning. Optimal chart timeframes are H1 and D1 for primary setups with M15/M30 for confirmation. Start with backtests and a demo account, then forward-test on a small live account before scaling.

Prerequisites Checklist

MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size

Complete Installation Instructions

Install Connix MT5 by placing the indicator files into the MT5 Experts or Indicators folder and restarting the terminal. Attach the dashboard to any chart and allow import of symbols from Market Watch; verify that up to 28 symbols are visible. Key parameters to configure include the list of symbols, timeframe set, sensitivity for order block detection, VWAP bias window, and alert preferences. Recommended brokers are low-spread ECN or STP providers that offer stable execution and margin settings compatible with multi-symbol scanning. Optimal chart timeframes are H1 and D1 for primary setups with M15/M30 for confirmation. Start with backtests and a demo account, then forward-test on a small live account before scaling.

Ready to Install?

Download Connix MT5 from the MQL5 Market

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G

Developed by Garry James Goodchild

Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.

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Original MQL5 Product

Connix MT5 is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.

View on MQL5.com
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  • Instant download and installation
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  • Access to live performance data
  • Detailed setup documentation
  • Community support and resources
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