Falcon A is a MetaTrader 4 robot that utilizes a k-Nearest Neighbors (kNN) classification algorithm for pattern-based trading. It follows a model-based approach where the user must first generate historical data files through a training simulation in the Strategy Tester. The system calculates entry probabilities using
Trading robot · MT4
Artificial Intelligence Perceptron
This MetaTrader 4 expert advisor uses a simple perceptron neural network to identify market entry and exit points.
GitHub stars1
Forks0
Last update5 years ago27 Jul 2021
LicenceApache-2.0
Overview
The system evaluates price action through four adjustable weight parameters to generate signals and includes a reversal mechanism for active positions. Risk management is handled through a fixed stop loss and a trailing stop function, both updated to accommodate five-digit broker pricing. The codebase represents a rework of an earlier AI-based strategy, providing a more functional version with basic trade management tools and integrated safety parameters.
- Perceptron-based decision logic
- Adjustable neural network weight parameters
- Integrated trailing stop and stop loss
- Automated position reversal system
Details
Author
n0d4wn on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
AI / machine learning
Markets
Any symbol
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 ArtificialIntelligenceFor5digit.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
TrailingStop | int | 100 | |
x1 | int | 135 | |
x2 | int | 127 | |
x3 | int | 16 | |
x4 | int | 93 | |
sl | double | 85 | |
lots | double | 0.10 | |
MagicNumber | int | 888 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone n0d4wn/Mql4EA_ArtificialIntilegence_Rework 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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