EA31337 is a comprehensive multi-strategy trading robot and framework for MetaTrader platforms. It features dozens of pre-built strategies utilizing technical indicators like ATR, Moving Averages, and SuperTrend. The system manages entries and exits through a unique filtering system that monitors account metrics, volat
Trading robot · MT5
212 Candle Pattern
This MetaTrader 5 expert advisor identifies and trades the 212 candlestick pattern.
GitHub stars2
Forks2
Last update5 years ago6 Jul 2021
LicenceNone stated
Overview
212 Candle Pattern combines price action analysis with technical indicators, specifically using the Average Directional Index and a Moving Average for trend confirmation. The system manages risk through fixed stop loss and take profit levels, including a point-adjustment mechanism for five-digit brokers. It also includes basic account protection via margin checks and a trading percentage limit. The project includes limited documentation, though it references a custom logic class for pattern detection.
- Automated 212 candlestick pattern recognition
- ADX and Moving Average trend filtering
- Automatic pip adjustment for 5-digit brokers
- Configurable margin check and trade percentage controls
Details
Author
OrangeFoxie on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Trend following
Markets
Any symbol
Timeframes
Any timeframe
Risk profile
No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.
Input parameters
Read from Fox_ea.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
StopLoss | int | 30 | |
TakeProfit | int | 35 | |
Indi_01_Period | int | 10 | |
Indi_03_Period | int | 10 | |
Indi_04_Period | int | 1 | |
Lots | double | 0.2 | |
Margin_Chk | int | 9 | |
Trd_percent | double | 11 | |
EA_magic | int | 521753 | |
ADX_Period | int | 10 | |
MA_Period | int | 15 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone OrangeFoxie/212_Candle_Pattern_MQL5 from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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