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LIVMOR is a MetaTrader 4 expert advisor found within this repository of over fifty automated trading tools. It utilizes technical indicators such as MACD, Stochastic, and moving averages to identify entry points, while also offering manual price entry options. The EA manages risk through user-defined stop loss and take
Collection · MT4
Addingdollars MT4 Strategy Collection
This repository contains five MetaTrader 4 Expert Advisors focused on technical indicator strategies.
GitHub stars2
Forks1
Last update9 years ago24 Sep 2017
LicenceMIT
Overview
The robots implement multi-timeframe stochastic logic, single exponential moving average crosses for mean reversion or trend following, and classic dual moving average crossovers. Each system manages its own exits through hard stop loss and take profit settings. Risk controls include an option for lot compounding based on a percentage of account balance. The code operates on various timeframes including five-minute, hourly, and daily charts, primarily targeting the forex market.
- Multi-timeframe stochastic analysis for H4 and H1
- Exponential moving average crossover logic
- Equity-based compounding lot sizing
- Configurable stop loss and take profit parameters
- Single active trade per chart limit
Details
Author
addingdollars on GitHub
Type
Collection
Platform
MetaTrader 4 (MQL4)
Strategy
Indicator crossover, Multi-strategy
Markets
Forex
Timeframes
M1-M5, M15-H1, H4 and above
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.
EA Files
Input Parameters
Read from Stochastic(21-3-4)CompoundingLots.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
EnterOpenBar | bool | true | |
TakeProfit | double | 100 | |
StopLoss | double | 100 | |
risk | double | 0.02 | |
k | int | 21 | |
d | int | 3 | |
slow | int | 4 |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone addingdollars/MT4-Expert-Advisors-Algorithmic-Forex- from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
- 3Copy the filesCopy the .mq4 file into Experts.
- 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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