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Mad Pound Profits is a MetaTrader 4 expert advisor that automates trading based on structural breakouts and price action. The system utilizes time-specific analysis windows throughout the day to identify entry opportunities. It incorporates technical elements such as Fibonacci levels, momentum indicators, and mean reve
Trading robot · MT4
Auto Zone Trader
Auto Zone Trader is a MetaTrader 4 expert advisor that automates trade execution based on manually identified price zones and technical candlestick patterns.
GitHub stars1
Forks1
Last update4 years ago26 Oct 2021
LicenceNone stated
Overview
Users specify potential reversal areas by placing horizontal lines labeled for buy or sell zones on the chart. The robot monitors these levels and triggers an order when price action produces a candlestick pattern within the designated range. It includes automated risk management features such as percentage-based lot sizing, a configurable risk-to-reward ratio for take profits, and adjustable stop-loss offsets.
- User-defined horizontal line price zones
- Automated candlestick pattern recognition
- Risk percentage-based lot calculation
- Configurable reward-to-risk ratios
- Automatic zone invalidation on price breach
Details
Author
iamshakibulislam on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
SMC / ICT / price action, Mean reversion
Markets
Forex
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 autozonetraderEA.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
five_digit_broker | bool | true | Is this five digit broker |
stoplossOffset | double | 2 | Stop loss offset |
risk_percentage | double | 1 | Risk percentage |
riskreward | double | 2 | Reward to Risk default 2:1 |
minimum_stoploss | double | 5 | Minumum Stoploss |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone iamshakibulislam/Auto-Zone-forex-trader-Robot 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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