Trading robot · MT5

Allegro Stormer

by ReneMilare

Allegro Stormer is a MetaTrader 5 expert advisor that implements a specific technical setup based on momentum and oscillator indicators.

GitHub stars28
Forks9
Last update6 years ago9 Dec 2019
LicenceNone stated

Overview

Allegro Stormer utilizes a Momentum indicator filtered by a moving average alongside a Stochastic Oscillator to identify entry points. Risk management is centralized around the Average True Range, which determines the levels for stop loss and take profit. The robot includes built-in break-even logic, a daily loss limit to prevent overtrading, and configurable time windows to restrict operations to specific market sessions.

Details

Author

ReneMilare on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Mean reversion, Indicator crossover

Markets

Indices, Forex

Timeframes

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.

Topics

allegrostormermql5marketexpert-advisorsbolsa-de-valoressetup-allegro-stormerrobo-investigatorwinwdo

Input parameters

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

NameTypeDefaultDescription
periodoMomentumint10Periodo do Momentum
aplicadoMomentumENUM_APPLIED_PRICEPRICE_CLOSEMomentum aplicado a
periodoMediaint3Periodo da média móvel
deslocamentoint0Deslocamento da média
metodoMMENUM_MA_METHODMODE_SMAMédia tipo
periodoKint8Periodo K Estocastico
periodoDint3Periodo D Estocastico
suavizacaoint3Suavização
aplicadoEstENUM_STO_PRICESTO_CLOSECLOSEMetodo Estocastico
metodoEstENUM_MA_METHODMODE_SMATipo da suavização
sobreCompraint80Nível de sobrecompra
sobreVendaint20Nível de sobrevenda
Show all 27 inputs
NameTypeDefaultDescription
periodoATRint20Periodo do ATR
ativarBEint1Ativar BE (1=sim ; 0=não)
numeroPerdasint3Numero de perdas no dia
TipoActionENUM_TRADE_REQUEST_ACTIONSTRADE_ACTION_PENDINGTipo de Ordem Enviada
Distanciadouble5Distância da Ordem (ordens pendentes)
SLdouble1.0Stop Loss (vezes o ATR)
TPdouble1.5Take Profit (vezes o ATR)
BEdouble0.5Break Even (% do ATR)
Ganhodouble0.1Ganho Break Even (% do ATR)
Volumedouble1Volume
proxima_operacaoint5Tempo entre operações (em minutos)
excluirOrdemint15Excluir Ordem Pendente (em minutos)
iniciostring09:00Horário de Início (entradas)
terminostring17:50Horário de Término (entradas)
fechamentostring17:55Horário de Fechamento (posições)

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone ReneMilare/Setup-Allegro-Stormer from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
  3. 3Copy the filesCopy the .mq5 file into Experts.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 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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