Agentic Scalping and Trend Follower: Free MT5 Expert Advisor

Overview

The scalping component utilizes a combination of exponential moving average crossovers and Bollinger Bands to identify entry points. It features automated trade management including fixed stop loss, take profit, and a break-even function. Risk is managed through a maximum position limit and fixed lot sizing. The repository documentation is generic and describes unrelated web development technologies instead of the actual trading functionality.

Moving average crossover entry logic

Bollinger Bands volatility filtering

Automated break-even management

Configurable maximum position limits

Details

Author

Design-Arena-Gens on GitHub

Type

Collection

Platform

MetaTrader 5 (MQL5)

Strategy

Scalping, Trend following, Indicator crossover

Markets

Any symbol

Timeframes

M1-M5, M15-H1

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

Source

github.com/Design-Arena-Gens/agentic-05d94961

Input parameters

Read from ScalpingEA.mq5. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`LotSize`	`double`	`0.1`	Tamanho do lote
`StopLoss`	`int`	`20`	Stop Loss em pontos
`TakeProfit`	`int`	`30`	Take Profit em pontos
`FastMA`	`int`	`5`	MA Rápida
`SlowMA`	`int`	`20`	MA Lenta
`BBPeriod`	`int`	`20`	Período Bollinger Bands
`BBDeviation`	`double`	`2.0`	Desvio Bollinger Bands
`TimeFrame`	`ENUM_TIMEFRAMES`	`PERIOD_M5`	Timeframe
`MagicNumber`	`int`	`789012`	Magic Number
`MaxPositions`	`int`	`1`	Máximo de posições simultâneas
`Slippage`	`int`	`10`	Slippage
`UseBreakEven`	`bool`	`true`	Usar Break Even

Show all 13 inputs

Name	Type	Default	Description
`BreakEvenPoints`	`int`	`15`	Pontos para Break Even

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone Design-Arena-Gens/agentic-05d94961 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.

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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