EA Scalper XAUUSD is an automated trading research project for MetaTrader 5 focused on gold. It employs a multifaceted entry strategy using Smart Money Concepts like order blocks and liquidity sweeps, alongside moving average crossovers and Fibonacci zones. The EA includes a self-learning module designed to adapt to di
Trading robot · MT5
Ak Sequence Bot
Ak Sequence Bot is an automated trading robot for MetaTrader 5 that executes entries based on an Exponential Moving Average crossover on the five-minute timeframe.
High risk
GitHub stars1
Forks0
Last update2 years ago16 Sep 2024
LicenceNone stated
Overview
The system employs a specific lot size sequence, increasing the volume of subsequent trades following a loss to recover equity. It includes essential risk controls such as adjustable stop loss and take profit levels, a break-even function that secures positions after a set profit, and a maximum spread filter. The bot halts operations after reaching ten consecutive losses. Documentation is very limited.
- Predefined lot size progression sequence
- Break-even stop loss movement
- Hardcoded maximum consecutive loss limit
- M5 timeframe EMA indicator logic
Details
Author
Ak2hay-1 on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Indicator crossover, Martingale
Markets
Forex
Timeframes
M1-M5
Risk profile
- Uses martingale lot scaling: losses can grow fast
EA files
Input parameters
Read from AK's Sequence Bot.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
EMAPeriod | int | 15 | |
SL | double | 30 | Initial Stop Loss in pips |
TP | double | 60 | Take Profit in pips |
maxSpread | double | 2 | Maximum spread in pipettes (0.2 pips) |
BEPips | double | 30 | Pips to move SL to break-even |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone Ak2hay-1/Ak2hay-s-Sequence-bot-EA 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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