Trading robot · MT4 · MT5

Arbitrage Gold Bot

by Nazrullox

This expert advisor for MetaTrader 4 and 5 executes trades based on price interaction with a Simple Moving Average.

GitHub stars1
Forks0
Last update1 year ago14 Sep 2025
LicenceNone stated

Overview

Arbitrage Gold Bot monitors market positions on the H1 timeframe, entering buy or sell orders with predefined stop loss and take profit levels. The package includes an external Python script that works with a CSV log to provide trade notifications via Telegram. Risk management is handled through fixed lot sizing and a configurable maximum loss threshold for monitoring trade performance.

Details

Author

Nazrullox on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4) and MetaTrader 5 (MQL5)

Strategy

Trend following, Indicator crossover

Markets

Gold

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.

Input parameters

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

NameTypeDefaultDescription
LotSizedouble0.1
StopLossint300
TakeProfitint600
MA_Periodint50
TelegramTokenstringYOUR_BOT_TOKEN
TelegramChatIDstringYOUR_CHAT_ID
LogFilestringProfitLog.csv
MaxLossThresholddouble-100.0

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone Nazrullox/ArbitrageTelegramBot from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts or MQL5/Experts.
  3. 3Copy the filesCopy the .mq4 / .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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