This repository provides a diverse library of expert advisors and technical indicators for MetaTrader 4. The collection includes robots utilizing moving average crossovers, MACD trend-following signals, and mean-reversion strategies based on Bollinger Bands. A notable inclusion is a Martingale robot that scales lot siz
Collection · MT4
AlainTa Forex Collection
This repository contains a collection of MetaTrader 4 expert advisors and utility scripts for the Forex market.
GitHub stars1
Forks0
Last update8 years ago15 Jan 2018
LicenceNone stated
Overview
The primary expert advisor combines ADX momentum, Stochastic oscillators, and candlestick patterns, such as Doji and Engulfing candles, to identify trade entries. It features automated lot sizing based on account percentage, a fixed stop loss, and optional trailing stop functionality. The collection also includes standalone tools for managing trades, such as a manual button interface and an account-wide profit target closer. The repository does not include a README.
- Multi-indicator trend and momentum entry logic
- Automated lot sizing based on account risk percentage
- Candlestick pattern recognition and price action filters
- Account-level profit protection and manual trade tools
Details
Author
AlainTa on GitHub
Type
Collection
Platform
MetaTrader 4 (MQL4)
Strategy
Trend following, Indicator crossover, Mean reversion
Markets
Forex
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.
EA files
Input parameters
Read from ACC_USDJP.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
StopL | int | 750 | StopLoss(in pips) |
TakeProfit | int | 9999 | TakeProfit |
Lots | double | 0.01 | Lot size |
Trailing | int | 0 | Trailing stop (in pips) |
percent | double | 0.02 | percent riked by trade |
AutoLots | bool | True | |
x1 | int | 0 | |
x2 | int | 150 | |
x3 | int | 500 | |
ADXP | int | 14 | |
ADXS | int | 20 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone AlainTa/MyFirst_Robo 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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