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.
Read from Allegro_Stormer.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
periodoMomentum
int
10
Periodo do Momentum
aplicadoMomentum
ENUM_APPLIED_PRICE
PRICE_CLOSE
Momentum aplicado a
periodoMedia
int
3
Periodo da média móvel
deslocamento
int
0
Deslocamento da média
metodoMM
ENUM_MA_METHOD
MODE_SMA
Média tipo
periodoK
int
8
Periodo K Estocastico
periodoD
int
3
Periodo D Estocastico
suavizacao
int
3
Suavização
aplicadoEst
ENUM_STO_PRICE
STO_CLOSECLOSE
Metodo Estocastico
metodoEst
ENUM_MA_METHOD
MODE_SMA
Tipo da suavização
sobreCompra
int
80
Nível de sobrecompra
sobreVenda
int
20
Nível de sobrevenda
Show all 27 inputs
Name
Type
Default
Description
periodoATR
int
20
Periodo do ATR
ativarBE
int
1
Ativar BE (1=sim ; 0=não)
numeroPerdas
int
3
Numero de perdas no dia
TipoAction
ENUM_TRADE_REQUEST_ACTIONS
TRADE_ACTION_PENDING
Tipo de Ordem Enviada
Distancia
double
5
Distância da Ordem (ordens pendentes)
SL
double
1.0
Stop Loss (vezes o ATR)
TP
double
1.5
Take Profit (vezes o ATR)
BE
double
0.5
Break Even (% do ATR)
Ganho
double
0.1
Ganho Break Even (% do ATR)
Volume
double
1
Volume
proxima_operacao
int
5
Tempo entre operações (em minutos)
excluirOrdem
int
15
Excluir Ordem Pendente (em minutos)
inicio
string
09:00
Horário de Início (entradas)
termino
string
17:50
Horário de Término (entradas)
fechamento
string
17:55
Horário de Fechamento (posições)
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone ReneMilare/Setup-Allegro-Stormer 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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