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This repository provides a diverse library of expert advisors and technical indicators for MetaTrader 4. The collection includes robots utilizing moving average crossovers, MACD trend-following signals, and mean-reversion strategies based on Bollinger Bands. A notable inclusion is a Martingale robot that scales lot siz
Collection · MT4
Automated RSI and KC Trading System
This collection of MetaTrader 4 expert advisors implements directional strategies using the Relative Strength Index and Keltner Channels.
GitHub stars1
Forks0
Last update8 months ago16 Jan 2026
LicenceNone stated
Overview
The tools are designed for intraday trading with specific time-window filters, frequently configured for index markets. Entry logic is restricted to specific hours, while risk management features include a choice between fixed lot sizes or percentage-based equity risk. The code includes protective mechanisms like a daily three-loss cutoff, break-even stop loss adjustments, and retry logic for order execution. The repository lacks a README file.
- RSI and Keltner Channel directional strategies
- Equity-based percentage risk or fixed lot sizing
- Intraday time-window execution filters
- Daily loss limit and break-even logic
- Retry-on-error execution handling
Details
Author
benmillar-quant on GitHub
Type
Collection
Platform
MetaTrader 4 (MQL4)
Strategy
Mean reversion, Indicator crossover
Markets
Indices
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.
EA files
Input parameters
Read from RSI_SELL.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
StopLossSpread | double | 3 | |
EntrySpread | double | 3 | |
MaxRisk | double | 80.0 | |
StopLossToBE | double | 30.0 | |
UseRiskPercentSizing | bool | false | true = % risk sizing, false = fixed lot sizing |
GlobalRiskPercentage | double | 1 | Risk % per trade when UseRiskPercentSizing = true |
GBPtoUSDRate | double | 1.34 | GBP->USD conversion for the % sizing calculation |
FixedLotSize | double | 1.34 | Fixed position size when UseRiskPercentSizing = false |
SymbolName | string | .US30. | |
RSIPeriod | int | 21 | |
OverboughtLevel | double | 50.5 | |
OversoldLevel | double | 49.49 |
Show all 17 inputs
| Name | Type | Default | Description |
|---|---|---|---|
SignalStartHour | int | 13 | |
SignalStartMinute | int | 30 | ignore signal bars before 13:30 |
SignalEndHour | int | 20 | |
SignalEndMinute | int | 54 | ignore signal bars after 20:54 (last valid is 20:54) |
SwingTicketToIgnore | int | -1 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone benmillar-quant/Automated-Trading-System 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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