Article 10 Trend EA Collection: Free MT5 Expert Advisor

Overview

Each robot implements a different technical strategy, utilizing indicators such as Bollinger Bands and moving averages with various smoothing methods like ParMA and SMMA. The EAs identify entry points based on overbought and oversold levels or indicator crossovers. Risk management features include configurable stop loss and take profit targets defined in points, alongside flexible lot sizing options through fixed volume or margin-based calculations. The README is minimal, as the repository serves as a developer utility set.

Ten distinct trend-following automated strategies

Advanced moving average smoothing algorithms

Adjustable overbought and oversold signal levels

Integrated stop loss and take profit controls

Fixed lot and margin-based money management

Details

Input parameters

Read from Strategy_9.mq5. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`Inp_EaComment`	`string`	`Strategy #9`	EA Comment
`Inp_Lot`	`double`	`0.01`	Lot
`Inp_MMode`	`MarginMode`	`LOT`	MM
`Inp_MagicNum`	`int`	`1111`	Magic number
`Inp_StopLoss`	`int`	`400`	Stop Loss(points)
`Inp_TakeProfit`	`int`	`600`	Take Profit(points)
`Inp_Deviation`	`int`	`20`	Deviation(points)
`BuyLevel`	`uint`	`50`	Overbuying zone
`SellLevel`	`double`	`-50`	Overselling zone
`MA_Method1`	`Smooth_Method`	`MODE_ParMA`	smoothing method of moving average
`Length1`	`uint`	`100`	smoothing depth of moving average
`Phase1`	`int`	`15`	moving average smoothing parameter

Show all 27 inputs

Name	Type	Default	Description
`MA_Method2`	`Smooth_Method`	`MODE_SMMA_`	candles size smoothing method
`Length2`	`uint`	`20`	smoothing depth of candles size
`Phase2`	`int`	`100`	candles size smoothing parameter
`Deviation`	`double`	`2.0`	channel expansion ratio
`Smooth`	`uint`	`20`	indicator smoothing period
`IPC`	`Applied_price_`	`PRICE_TYPICAL_`	price constant
`Shift`	`int`	`0`	horizontal shift of the indicator in bars
`Price_Type`	`Applied_price_`	`PRICE_TYPICAL_`
`MAPeriod`	`uint`	`14`
`MAType`	`ENUM_MA_METHOD`	`MODE_EMA`
`MAPrice`	`ENUM_APPLIED_PRICE`	`PRICE_CLOSE`
`BBPeriod`	`uint`	`14`
`deviation_`	`double`	`2.0`
`BBPrice`	`ENUM_APPLIED_PRICE`	`PRICE_CLOSE`
`BBMode`	`Mode`	`Mode_1`

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone flaviolsousa/dev-utils 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, and any .mqh files into the Include folder the code expects.

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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Article 10 Trend EA Collection

Overview

Details

Author

Type

Platform

Strategy

Markets

Timeframes

Risk profile

EA files

Source